Capitol Broadcasting Company Explained

Capitol Broadcasting Company, Inc.
Type:Private
Founded:1937
Founder:A.J. Fletcher
Hq Location City:Raleigh, North Carolina
Hq Location Country:USA
Industry:Media

The Capitol Broadcasting Company, Inc. (CBC) is an American media company based in Raleigh, North Carolina. Capitol owns three television stations and nine radio stations in the Raleigh–Durham and Wilmington areas of North Carolina and the Durham Bulls minor league baseball team as well as the Coastal Plain League, a college summer baseball league. It is one of the few family-owned broadcasting companies left in the country, owned by four generations of the Fletcher-Goodmon family.

History

A.J. Fletcher founded the Capitol Broadcasting Company in 1937 when he founded Raleigh radio station WRAL (1240 AM, now WPJL). WRAL radio began transmission two years later in 1939, using a 250-watt transmitter, becoming Raleigh's second radio station (after WPTF). In 1942, Capitol created the Tobacco Radio Network, a farm news radio service that was discontinued in 2002. On September 6, 1946, Capitol Broadcasting received a license with the Federal Communications Commission for WCOY-FM (whose callsign was later changed to WRAL-FM), operating from a 250,000-watt transmitter. In 1960, CBC founded the North Carolina News Network, a statewide radio network that now provides news, weather, and sports content to about 80 radio stations. This property was sold to Curtis Media Group in 2009.

On December 15, 1956, Capitol Broadcasting's flagship television station WRAL-TV went on the air in Raleigh. In 1979, WRAL-TV became the first television station in North Carolina to have a dedicated helicopter for newsgathering. In 1987, Capitol acquired independent station WJZY-TV in Charlotte. The following year, Capitol also acquired another independent station, WTTV and its satellite station, WTTK, in the Indianapolis area. WTTV and WTTK were sold in 1991 to River City Broadcasting. In 1996, WRAL-TV was granted the first experimental high definition digital television license in the United States by the Federal Communications Commission. On October 13, 2000, WRAL became the first television station in the world to broadcast a news program entirely in high-definition; the station would begin broadcasting all of its local newscasts in high-definition in January 2001. In 2001, Capitol purchased WFVT (now WMYT-TV) in Charlotte, creating the market's second television duopoly. On October 14, 2005, Capitol Broadcasting signed on WCMC-FM on 99.9 MHz in Raleigh with a country music format, "Genuine Country".

In July 2008, Capitol Broadcasting acquired five radio stations in Wilmington from NextMedia Group for $12 million.[1] On April 14, 2009, Capitol Broadcasting and the City of Raleigh partnered to introduce the first mobile digital television in a public transit bus. On January 28, 2013, Fox Television Stations announced that it had entered into an agreement to purchase WJZY and WMYT from Capitol for $18 million;[2] [3] the deal was completed on April 17.[4] [5]

Major assets

(**) – Station that was built and signed-on by Capitol Broadcasting Company.

Television stations

City of license / MarketStationOwned sincePrimary affiliation
Raleigh, NCWRAL-TV **5 (17)1956
WRAZ50 (15)2000
Smithfield-Selma, NCWNGT-CD34 (23)2020Catchy Comedy
Wilmington, NCWILM-LD10 (15)1999

Radio stations

Note: Stations operated within the Wilmington radio station cluster are operated under the name Sunrise Broadcasting;

City of license / MarketStationOwned sinceCurrent formatNotes
Boiling Spring Lakes, NCWKXB 99.92008Rhythmic oldiesServes the Wilmington market
Durham, NCWDNC 6202009Sports radioServes the Raleigh market
Holly Springs, NCWCMC-FM 99.92005ESPN Radio affiliateServes the Raleigh market
Raleigh, NCWCLY 15502009Sports radioSimulcasts WDNC
WRAL-FM 101.51947Adult contemporary
Jacksonville, NCWRMR 98.72011AAAServes the Wilmington market
Southport, NCWAZO 107.52008Contemporary hitsServes the Wilmington market
Wilmington, NCWILT 103.72008Adult contemporary
WMFD 6302008Sports radio

Sports

Investments

Former stations

Television

City of license / MarketStationChannelYears ownedCurrent status
BloomingtonKokomoIndianapolis, INWTTV41988–1991CBS affiliate owned by Nexstar Media Group
WTTK29
Rock Hill, SCBelmontCharlotte, NCWJZY461987–2013Fox affiliate owned by Nexstar Media Group
WMYT-TV552000–2013MyNetworkTV affiliate owned by Nexstar Media Group

Radio

Notes and References

  1. http://www.wral.com/business/story/3215727/ Capitol Broadcasting acquires seven radio stations in deals worth nearly $13M
  2. Web site: Fox Affiliate Switch in Works for Charlotte. Broadcasting and Cable. 2013-01-29.
  3. Web site: Price revealed for Fox Charlotte TV buy . Radio & Television Business Report . January 29, 2013 . February 4, 2013.
  4. Web site: Consummation Notice (WJZY). CDBS Public Access. April 17, 2013. Federal Communications Commission. April 18, 2013.
  5. Web site: Consummation Notice (WMYT-TV). CDBS Public Access. April 17, 2013. Federal Communications Commission. April 18, 2013.
  6. Web site: Kramer. Staci D.. 2007-01-17. Syndicate Buys Control Of TV Tech/Data Company Decisionmark Control; Name Changes To TitanTV Media. 2021-04-07. gigaom.com. en-US.