*IN A FLURRY OF ACTIVITY LAST WEEK, Channel 20 TV, owner of Denver UPN affiliate KTVD-TV, acquired CBS affiliate KTVS-TV in Sterling, Colo. from Benedek Broadcasting, and entered into a three-year deal for local broadcast rights to NHL franchise the Colorado Avalanche and the NBA's Denver Nuggets.

Terms of the deals were not disclosed. Pending completion of the transaction--expected within three months--Channel 20 will convert KTVS into a UPN affiliate that will receive a programming feed from KTVD. Though KTVS technically falls into the Denver DMA (18th in the country), the town of Sterling lies 120 miles outside of Denver so the two stations' signals do not overlap. Executives are...