nh1

NH1

WBIN-TV announced Friday it will cease operations in the coming months after selling its broadcasting rights to the FCC. The network, which was purchased five years ago by former U.S. Senate candidate and New Hampshire businessman Bill Binnie, says proceeds from the sale approach $100 million.

“I am incredibly proud of the people in our television, radio and digital media businesses,” says Binnie in a statement posted to the NH1 website.