Fisher Communications completes purchase of Seattle Television Station KWOG.

Fisher Communications, Inc. announced that its wholly-owned subsidiary, Fisher Broadcasting Company, has completed the purchase of African-American Broadcasting of Bellevue, Inc., licensee of television station KWOG, Bellevue, Washington, for $16 million. Fisher purchased 25% of the company on June 26, 2006, and the remaining 75% was purchased this week following satisfaction of closing conditions including Federal Communications Commission approval.

KWOG currently airs programming from ShopNBC pursuant to a programming agreement with ValueVision Media, Inc. Fisher intends to provide Hispanic programming on KWOG as a Univision affiliate beginning January 1, 2007.

“This is an exciting time for Fisher with the formation of a duopoly in Seattle through the purchase of KWOG. This leverages our existing infrastructure as well as serves the fastest growing population segment in Seattle,” said Colleen B. Brown, Fisher Communication’s President and Chief Executive Officer.