This sale fell through -(1974) KTVW(Tv) Seattle: Sold by Blaidon Mutual Investors Corp. to Christian Broadcasting Network Inc. for $1.5 million. Donald Wolfstone is principal owner of Blaidon.
M. G. Robertson is president of nonprofit Christian Broadcasting Network which also operates WYAH -Tv Portsmouth, Va.; WHAE-TV Atlanta; WXNF -Tv Boston; WXRL-FM Norfolk, Va.; and WNW FM Wethersfield; WEIV -FM Ithaca; WMRV FM Bristol: WOW-FM DeRuyter and WJIV -FM Cherry Valley, all New York, and KDTv(Tv) Dallas. KTvw is on channel 13 with 214 kw visual, 31.6 kw aural
and antenna 800 feet above average terrain. (Broadcasting Magazine 1974) Pat Robertson heads CBN – The huge church of the air, one of the largest and longest-running Christian TV broadcasters. NON-PROFIT? Please!
** I wonder what investments were made in Channel 13 after this sale. The station remained a low-budget operation (black & white cameras/1940s movies – TV reruns from the 1950s) until it was purchased (for $863K in 1972) by Blaidon Mutual Investors (Donald Wolfstone owned 80 %). Mr. Wolftsone was 85% owner of Wolfstone Investment & Real Estate in Seattle. He
was also sole owner of Wolfstone Investment Co. in Seattle. Blaidon Entertainment Management Co. in Seattle and 80% owner of Shopping Guide in Seattle.