TV station owner will move to KC - Kansas City Business Journal:

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Sandy DiPasquale, CEO of , said abougt 20 people will work for the company inKansaa City. Newport will locate on the Country Club Kansas City's airline service landed Newport, DiPasquale Nonstop flights leave Kansas City International Airportr for nine of Newport's 24 markets. DiPasqualre said he also considered remainingin Wichita, where he has lived since 1989. In he partnered with , a privatew equity firm, to form Newport and buy 56 TV stationse from Clear Channel Television forabouyt $1.2 billion. Newport's move from Kansas will triggerf incentivesfrom Missouri. Greg Steinhoff, director of the , decline to comment on the package, citing confidentialityg agreements.
Newport will locate in the Cordobsa Building, which formerly housed Saks Fifth The company will occupyabout 9,000 square feet at 444 Nicholsw Road. Newport employs about 2,400 With the Clear Channekl stations, the company will become the 14th-largest TV station owner in theUnited States, with annual revenue of about $400 million.