BRADYBRUS.COM









Informational Portal

Welcome and thanks for visiting!

This website has one simple goal: to let everyone know the accurate information regarding KSBI-TV under our past ownership.

With recent interest by local and national reporters regarding our former partners, Tom Ward and the late Aubrey McClendon, we felt this was the most expeditious way to provide accurate answers for them as well as for so many of you (past viewers and industry colleagues) who have questions for us regarding:

- Family Broadcasting Group, Inc. (FBG), the company Angie and I founded, and KSBI-DT, the independent television network we owned and operated
*(note: the network's broadcast footprint has decreased significantly since our departure due to the loss of ability to broadcast over the air in various outlying areas)

- Our creation of Family Broadcasting Group, Inc. and its original goals
- The timeline of various occurrences within the history of FBG
- Our partnership with Aubrey McClendon and Tom Ward, and why we sold our founding stock in an effort to distance ourselves from the group and their station management
- Public filings with the FCC detailing our original purchase of the network, and information regarding McClendon's and Ward's investments years later, as well as their ultimate controlling ownership
*(note: ownership breakdown, recapitalization information, board of director information, etc. is all public information required by filings with the Federal Communications Commission and is found within the public FCC database)
- Other information, including some fun behind the scenes photos from our personal photo files over many years from creating FBG to growing the KSBI network

Note: All information provided herein is in the public domain, and readily available through the Internet, newspapers, television broadcasts, television station public files, and court records. Much additional information regarding station ownership, such as LLC's and umbrella company specifics can be found online within the FCC database as required by law. Unlike most privately held companies, the ownership control of a privately owned television broadcast license (in this case many licenses) requires a great deal of transparency from those in control.

     Again, the sole purpose of this site is as an informational portal to answer the questions we continue to receive regarding Family Broadcasting Group, Inc., the company we created over a decade ago, and our past relationships with Tom Ward and the late Aubrey McClendon who became the controlling owners of FBG and KSBI.

To this day, years later, we still receive questions about what happened to the family friendly independent broadcast network we owned and operated.  We appreciate each and every one of you for your emails, phone calls, social media communication, and of course personal face-to-face conversations we have had with you while out and about in the community. Both Angie and I have been in Oklahoma for over 45 years and our goal at the time of the KSBI purchase was to serve the state of Oklahoma with quality family friendly programming.  I believe history shows that with the tireless efforts of our employees and with the help of the community, we achieved that goal well during our many years of ownership of KSBI-DT and the associated translators.


Misguided individuals

The Internet and social media are interesting tools. Both can be used to promote good, grow businesses, serve communities, connect generations and people groups, and even change countries. Sadly, the opposite is true as well.  Websites and social media can also be divisive, attacking, immoral, used to disseminate misinformation, tear down people, and destroy.   With that in mind, we w
anted to factually answer a handful of questions and address some misinformation a few misguided individuals have continually dispersed via the Internet.

The Beginning

Angie (my high school sweetheart and wife of now 25 years) and I founded Family Broadcasting Group with the main purpose of purchasing KSBI-TV, an independent statewide television network which had come up for sale in 2001.  Many large national corporate and local broadcast entities sought to purchase the independent network from the then local owners, Locke Supply Company, whose founder Don Locke had created the TV network in the late 1980’s.  The statewide broadcast footprint made it attractive to many potential buyers (national and local).
*(note: after we sold our stock in the company and the Ward and McClendon ownership and management team were not able to continue the positive momentum we had started, McClendon ultimately sold to one of the original entities attempting to purchase KSBI in 2001).

Upon being chosen by Locke Supply as the preferred new owners, we worked diligently to fund the KSBI purchase, and ultimately secured the multi-million dollar down payment for the total purchase price set at $25M.  Upon finalizing the exhaustive purchase agreement, which included the full power main station and twelve additional translator stations reaching across Oklahoma and into southern Kansas and northern Texas, we then went to work on our business plan to upgrade the network.
(
Public information…articles were written about this deal in industry magazines such as Broadcasting Cable, and others.
Also see
FCC data base filings below). 1 )

We took over ownership and management in 2004 and began to implement our changes.  Things were progressing very well.  We were experiencing record month after record month, market share was falling in line, and KSBI was enjoying many great successes along the way.

We were able to implement many firsts in the OKC market in programming, commercial station reach, sports events, weather coverage, and technological implements. Some of these creative ideas and technology are still being used today in the OKC market and others across the nation.  Things were going so well, at one point in April, 2006, I was  and requested to be a speaker at the National Association of Broadcasters in Las Vegas, NV and explain to others in the industry how we had grown the independent network so quickly and successfully.

(Various trade stories) 2

In 2005, I was able to negotiate a long term deal with the OSSAA to secure the exclusive broadcast rights to post season high school sports in Oklahoma.  This ultimately led to KSBI broadcasting more high school sporting events in more school class sizes than had ever been accomplished in the history of Oklahoma broadcasting. It was also a landmark opportunity for the station to secure new, very large sponsors which had never been on the network previously.  The station's award winning sports product was recognized locally and nationally, and became a staple of the station's existence.  We secured deals with NFL Network, Sony, MGM, CBS, Jefferson Pilot Sports, the SEC Network, and so many others it would be too numerous to list.

Over the years we developed so many great relationships across Oklahoma with high school administrators, game officials, students, commercial sponsors, community leaders, and of course the viewers.  We cherish those times, and it was a true pleasure to broadcast your community and your students across the Oklahoma television airwaves.

During the first few years of our ownership, Ward and McClendon were not part of our company.  As time went on, a handful of investors desired to be a part of what we were doing in Oklahoma and for the community.  Ultimately we converted all debt into equity investment and brought on the Ward/McClendon investment.     (Press releases, 2007)3

We continued to grow the station and market share.  Ratings increased notably, and the station was continuing to dominate in areas such as LIVE high school sports coverage and family friendly programming.  As one example, we were even able to out-position the other powerhouse local TV stations for rights to the Oklahoma State vs. Indiana Insight bowl, as we prtnered with the NFL Network. (Past press releases and news articles) 4

Understand that when three old-money networks have owned and dominated the market for so many decades, there are very deeply entrenched relationships with business owners, advertising agencies, and the like.  It makes the new kid on the block fight a major uphill battle. However, because this was a labor of love for our family (our three young boys at the time included) we, along with some  extremely dedicated and unbelievably talented staff continued to push forward with undeterred focus in spite of the nastiness the industry has to offer.  Be mindful that smiles on the television screen are just that...on the screen.  Behind the scenes, it is often a much different world. Especially when you are taking market share from the old-money stations. :)

The positive momentum carried us into 2008, and I was able to negotiate and close the first ever broadcast deal with the Oklahoma City Thunder for exclusive over the air broadcast rights in the Thunder’s first year in Oklahoma City. (Past press releases and articles written) 5

Aubrey McClendon and Tom Ward were also part of the original ownership group which brought the Thunder to Oklahoma City. (press coverage examples) 6

McClendon and Ward had originally come in as equal investors within Family Broadcasting Group. Then in 2009 they invested additional funds into the company.  Angie and I were still the majority owners of the common stock, along with my continuing role as President, and Chairman of the Board. (All Information detailing this is available via FCC database-required public filings) 7 

As time went on, we finally broke ground on and began to build the new facility which I and my former engineer had designed.(http://web.archive.org/web/20091204011843/http://www.ksbitv.com/news/26840824.html)

I chose frontage land on the Kilpatrick Turnpike due to the tens of thousands of cars which drive by each day.  We ultimately built the building on the prime real estate which I had secured from RAF Properties (Bob Funk, a friend and local OKC businessman).
(public information via land purchase records) 8



We were excited to be in our new facility with newscasts just days away from beginning after many years of preparation.  Significant growth was poised to take place with ad agencies informing us the full-blown newscasts were what they had been waiting for. (past press releases and news articles) 9   The date was now 2010.

Throughout the first ten months of 2010, we experienced some rather odd goings-on with our investors.  Now, as an attorney, I would have likely handled things in a slightly different manner.  At the time, however, we felt it best to quickly distance ourselves from the investors completely by selling our stock and exiting.

The Board at the specific time was made up of:

-Myself (Brady BrusPresident and CEO of FBG, Inc.)
-John Garrison: Executive Business Manager for Chesapeake (according to various campaign donation filings), and Trustee of Aubrey McClendon's children's Trusts within McClendon Venture Company LLC (
according to public FCC filings)
-Scott Hartman: Executive Business Director for Sandridge Energy (according to Linked In and ZoomInfo), and Trustee of Tom Ward's children's Trusts within 192 Investments LLC, a member of Ward Asset Management LLC (
according to public FCC filings)
-Frank Jeldy: Accounting Manager at Sandridge Energy (
according to Linked In)
-Joe Bowie: Certified Financial Planner (wealthtrac.com)


Looking back, we are so very thankful we made the decision when we did at the time we did in 2011, as many things quickly changed in the businesses of McClendon and Ward soon after we sold our stock.

(Current and past public filings are available through the FCC data base regarding Family Broadcasting Group Inc., as are a number of other documents related to the history of station ownership, recapitalization, etc.) 12

We miss serving the state of Oklahoma through KSBI.  However, we are both extremely involved in our current businesses.  Angie is a highly sought after CPA and business consultant and project manager, and I am a practicing attorney. We hope everyone is doing very well, and please, please do not hesitate to continue to contact us at any time!

Please also visit the other pages within the website for additional information.

I still get texts on a weekly basis from local business owners, coaches, school administrators, and business leaders wanting to know "what is really going to happen with the weather today?"  I think the hype and sensationalism has grown so weary for most people.  As a true degreed meteorologist (that doesn't change just because I am an attorney now :) ), I will always just tell them the facts. No need to blow something out of proportion just for the ratings month of May....right?

Our best to you and yours as always !

The Brus family


Below you will find the links to all publicly available information.  This list is not exhaustive by any means. 

 

Original  KSBI purchase information

1)  Original KSBI purchase filing

Asset Purchase Agreement attachment within transfer of control filing with FCC


(The data for these references can be found by going to the FCC CDBS Public Access Page and clicking on the third choice in the selection box: "Search for Application Information".  Upon choosing this option, type "KSBI" in the call sign box and then and click your "enter" button. When the new page comes up click the "GET DATA" button.

 

2)  http://www.tvtechnology.com/article/focusing-on-independents/196983  


Investment press release story examples

 3) 
 
http://okc.biz/oklahoma/article-2520-chesapeake-sandridge-ceos-make-private-investment-in-ksbi-tv_dt.html 

http://journalrecord.com/2007/01/09/mcclendon-ward-invest-in-ksbitv/
 

Insight Bowl story examples

  4) 
 
http://www.orangepower.com/threads/ksbi-tv-dt-to-air-insight-bowl.44409/ 

http://sports.espn.go.com/espn/wire?section=ncf&id=3154623 

http://www.tulsaworld.com/site/printerfriendlystory.aspx?articleid=071213_2_B1_hOKCS72711&PrintComments=1


Thunder and other marquee sports on KSBI article examples

 5) 
  
http://www.nba.com/thunder/news/tvschedule_081002.html 

http://www.gtrnews.com/greater-tulsa-reporter/4180/undefined 


McClendon/Ward NBA ownership public article examples

6) 
 http://okc.about.com/od/spectatorteamsports/a/okcnbateams_2.htm 

http://www.chk.com/News/Articles/Pages/news_2011101001_Forbes.aspx


2009 McClendon and Ward invest additional funds (public FCC legal filings including: equity breakdown, recapitalization documents, Commercial Law Group Summary Letters)

7)  Note: Some PDF files are larger and may take a few seconds to download

Original McClendon/Ward transfer of control filing with FCC

Original Commercial Law Group opinion letter (attachment to filing)

Original redacted Recapitalization Agreement (attachment to filing)

Revised McClendon/Ward transfer of control filing with FCC

Second Commercial Law Group opinion letter (attachment to filing)

Amended and Restated Recapitalization Agreement (attachment to filing)

Investor breakdown (attachment to filing)


(The data for this reference can be found by going to the FCC CDBS Public Access Page and clicking on the third choice in the selection box labeled: "Search for Application Information". Upon choosing this option, type "KSBI" in the call sign box and then and click your "enter" button. When the new page comes up click the "GET DATA" button.)

Filings
BCCCT 20090209ACR 315 E KSBI 38214 TV DISMISSED 04/01/2009
and
BTCCDT 20090729AAH 315 E KSBI 38214 DT GRANTED 09/10/2009


KSBI public land information


8)  http://canadian.oklahoma.usassessor.com/Shared/base/LiteSearch/Results.php


New studio press release story examples

9)  
http://www.ksbitv.com/news/27247934.html 
http://www.edmondsun.com/business/x519232718/8-30-Business-briefs 
http://www.ksbitv.com/news/34047959.html


FBG press release story examples for new management announced November 1, 2010

10) 
 http://www.edmondsun.com/business/x104126266/KSBI-appoints-Orza-as-new-president-CEO    2011 Officers and Directors report-public FCC filing


11)  20011 Ownership Report filing with FCC (large PDF file)

(The data for this reference can be found by going to the FCC CDBS Public Access Page and clicking on the third choice in the selection box: "Search for Ownership Report Information". Upon choosing this option, type "KSBI" in the call sign box and then and click your "enter" button.
Scroll down the page, and the
filing related to this reference can then be found by locating the file number:
BOA  20111201EEG 38214 KSBI TV  BOA  20111201EEG  Click on the word "Application" to view the file in reference)


FCC public filing- FBG Ownership Exhibits


12)  2011 Ownership schematic filed by new FBG communication counsel (John Bagwell)

Tom Ward/192 Investments LLC public FCC filing filed by new FBG communication counsel (John Bagwell)

(The data for this reference can be found by going to the FCC CDBS Public Access Page and clicking on the third choice in the selection box: "Search for Ownership Report Information". Upon choosing this option, type "KSBI" in the call sign box and then and click your "enter" button.  Scroll down the page, and the filing related to this reference can then be found by locating the file numbers:

BOA 20111201EEG 38214 KSBI TV BOA 20111201EEG Click on the word "Application" to view the file in reference
and

BOA 20111201EVE 38214 KSBI TV BOA 20111201EVE  Click on the word "Application" to view the file in reference



**The two main FCC database search areas for the information above:

(Main FCC launch page for KSBI public ownership and application file search by clicking on the specifc "Search Information" link then entering "KSBI")

http://licensing.fcc.gov/prod/cdbs/pubacc/prod/own_search.htm

and

http://licensing.fcc.gov/prod/cdbs/pubacc/prod/app_sear.htm
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