CKX-TV to close as buyer walks away

BRANDON – The final newscast of CKX-TV Brandon will happen tomorrow at 6 p.m., station owner CTVglobemedia told staff Thursday evening. Thirty-nine employees will lose their jobs.The company that had announced in July that it was purchasing the station, Bluepoint Investments, has walked away from the $1 deal to buy it, a surprised CTVgm CEO Ivan Fecan told employees today, calling a letter he received from Bluepoint late Thursday an “unanticipated development”.“Bottom line, they didn’t think there was a sustainable business without satellite coverage, which they cannot get,” said Fecan in a memo to staff.“Brandon, like many of our smaller...