WBQM-LP
Encyclopedia
WBQM-LP is a low-power television station
Television station
A television station is a business, organisation or other such as an amateur television operator that transmits content over terrestrial television. A television transmission can be by analog television signals or, more recently, by digital television. Broadcast television systems standards are...

 licensed to Brooklyn, New York as an affiliate of Cornerstone Television
Cornerstone Television
The Cornerstone TeleVision Network is a non-commercial Christian broadcast and satellite television network based in Wall, Pennsylvania, United States. Its founder and CEO is Russ Bixler...

. It is owned by Renard Communications Corp., and broadcasts on VHF
Very high frequency
Very high frequency is the radio frequency range from 30 MHz to 300 MHz. Frequencies immediately below VHF are denoted High frequency , and the next higher frequencies are known as Ultra high frequency...

 channel 3, with a construction permit for digital operations on UHF channel 50.

On August 17, 2007, Renard Communications announced that would sell WBQM-LP, along with sister station WMBQ-CA
WMBQ-CA
WMBQ-CA is a Class A low-power television station located in New York City. It is owned by Renard Communications Corp., and broadcasts on UHF channel 46...

 to Equity Media Holdings for $8 million. However, the transaction had a closing deadline set for June 1, 2008, and either party could cancel the sale if it were not completed by then. As of this revision, the sale has not been consummated. Currently WBQM is operating as a translator station of WMBQ-CA which airs on channel 46.

As of December 8, 2008 Equity Media Holdings is in chapter 11 bankruptcy
Bankruptcy
Bankruptcy is a legal status of an insolvent person or an organisation, that is, one that cannot repay the debts owed to creditors. In most jurisdictions bankruptcy is imposed by a court order, often initiated by the debtor....

.
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