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BOSTON UNIVERSITY TO BUY CHANNEL 68 IN BOSTON

 BOSTON, June 23 /PRNewswire/ -- Boston University announced today that it has signed a purchase and sale agreement to acquire WQTV, Channel 68, an independent Boston UHF television station. The university is acquiring the station and its assets from Monitor Television, Inc., a subsidiary of The First Church of Christ, Scientist, for $3.8 million.
 In announcing the planned purchase, Dr. John Silber, president of Boston University, said, "It is rare that a television license becomes available in a major market such as Boston and the university would be remiss if it did not take advantage of this opportunity."
 In reviewing some of the reasons behind the university's decision, Dr. Silber said, "As owner and major funder of WBUR-FM, a nationally recognized NPR station, we believe that the people of Boston will welcome and benefit from the continuance of a locally owned television station that is fully committed to producing high-quality programming.
 "This acquisition will give Boston University the opportunity to provide a broad audience with a diverse menu of intellectually stimulating entertainment and substantive educational programming. It will also give outstandingly qualified students at Boston University's College of Communication increased opportunities for internships in one of the nation's leading broadcast markets. Under the supervision of the station's professional staff and the College of Communication faculty, many of whom are award-winning, veteran broadcasters with national and international reputations, our students will receive internships offering a significantly enhanced education in the areas of television production and management."
 Channel 68 first went on the air in 1978 and was acquired by the Church in 1986. Its studios are located on Soldiers Field Road in Boston, with a transmitter site atop the Prudential Building in downtown Boston. The Boston television market has a population of 5.7 million people in 2.1 million households with televisions. Of these households, 75 percent, or nearly 1.6 million, are cable subscribers.
 When the Channel 68 purchase is completed, Boston University will join more than 65 other American colleges and universities that own and operate television stations, including four that operate stations with commercial licenses.
 Boston University is the fourth largest independent institution of higher learning in the United States, with an enrollment of more than 28,000 students in its 15 schools and colleges. Located in the heart of a city rich in cultural, historical and intellectual attractions, the university is one of the nation's preeminent teaching and research institutions.
 -0- 6/23/93
 /CONTACT: Kevin Carleton of Boston University, 617-353-2240/


CO: Boston University, WQTV-Channel 68 ST: Massachusetts IN: TLS SU: TNM

DJ -- NE010 -- 5097 06/23/93 15:04 EDT
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Publication:PR Newswire
Date:Jun 23, 1993
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