Deals Of The Day 10/24/12
Rural Media Group (RMG), the parent company for both RFD-TV/RFD HD and RURAL TV, just bought FamilyNet, a 32-year-old basic cable channel currently distributed into 14.8 million U.S. homes, from Interactive Television and Gaming Networks (formerly Comstar Media). RMG will combine the programming of RURAL TV and FamilyNet on Jan. 1, 2013, enlarging total distribution for the RMG channels above 61 million homes on cable and satellite. The acquisition, for which no financial details were disclosed, extends RMG’s rural-themed programming into New York City, Philadelphia, Chicago, Atlanta, Tampa Bay, Houston, Dallas and Los Angeles plus rural areas of Kansas, Oklahoma, Michigan, North Carolina, Texas and California…Cleveland-based private-equity firm Resilience Capital Partners is the new owner of Advanced Communications Inc. through its newly formed entity Aero Communications Inc. (a provider of telecom infrastructure services to businesses, individuals and governments).