8-K

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

_________________________

Form 8-K

CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934

June 26, 2006

Date of Report (Date of earliest event reported)

FISHER COMMUNICATIONS, INC.

(Exact Name of Registrant as Specified in Charter)

Washington	000-22439	91-0222175
(State or Other Jurisdiction of Incorporation)	(Commission File No.)	(IRS Employer Identification No.)

100 Fourth Avenue N., Suite 510, Seattle, Washington 98109

(Address of Principal Executive Offices, including Zip Code)

(206) 404-7000

(Registrant’s Telephone Number, Including Area Code)

(Former Name or Former Address, if Changed Since Last Report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 1.01 Entry into Material Definitive Agreements

     On June 28, 2006, Fisher Communications, Inc. announced that its wholly-owned subsidiary, Fisher Broadcasting Company (“Fisher”) has entered into a Stock Purchase Agreement to acquire the stock of African-American Broadcasting of Bellevue, Inc. (“AAB”), licensee of television station KWOG, Bellevue, Washington. Upon execution of the Stock Purchase Agreement, Fisher acquired a minority 25% ownership interest in AAB. Acquisition of the controlling 75% interest will occur following Federal Communications Commission (“FCC”) approval of a transfer of control of AAB.

     Fisher has also entered into a Local Marketing Agreement with AAB on June 26, 2006 whereby Fisher will assist AAB with programming, management and operations service until the transaction is consummated. The transaction is subject to approval from the FCC as well as customary closing conditions.

     A press release announcing the purchase is included as Exhibit 99.1 hereto.

Item 9.01 Financial Statements and Exhibits

(d)   Exhibits

99.1  Press release, dated June 28, 2006.

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SIGNATURE

     Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

	FISHER COMMUNICATIONS, INC.
Dated: June 29, 2006	By	/s/ Judith A. Endejan
		Judith A. Endejan
		Senior Vice President General Counsel

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Exhibit Index

99.1     Press release, dated June 28, 2006.

EX-99.1

EXHIBIT 99.1

FOR IMMEDIATE RELEASE

CONTACT:      Colleen B. Brown, President & CEO of Fisher Communications, Inc.
(206) 404-6783

FISHER COMMUNICATIONS, INC. ANNOUNCES
PURCHASE OF SEATTLE TELEVISION STATION KWOG

SEATTLE—(BUSINESS WIRE)—June 28, 2006 — Fisher Communications, Inc. (Nasdaq:FSCI) today announced that its wholly-owned subsidiary, Fisher Broadcasting Company, has entered into an agreement to purchase the stock of African-American Broadcasting of Bellevue, Inc., licensee of television station KWOG, Bellevue, Washington, for $16 million. Fisher purchased 25% of the stock in conjunction with the execution of a Stock Purchase Agreement. The remaining 75% will be purchased following Federal Communications Commission approval of a transfer of control. During the term and prior to the completion of the acquisition, Fisher will have the opportunity to program KWOG pursuant to a Local Marketing Agreement.

Fisher intends to provide Hispanic programming on KWOG through a Univision affiliate.

“This station will provide Fisher the opportunity to obtain duopoly economics in a market in which we currently operate as well as serve our fast growing Hispanic population”, stated Colleen Brown, President and Chief Executive Officer of Fisher Communications, Inc.

In addition to FCC approval, the transfer of control is subject to customary closing conditions. Fisher anticipates that the purchase may be funded with a combination of available cash and borrowings under its $20 million revolving line of credit.

Fisher Communications, Inc. is a Seattle-based integrated media company. The Company’s nine network-affiliated television stations, and a tenth station 50% owned by Fisher Communications, are located in Washington, Oregon, and Idaho, and its 27 radio stations broadcast in Washington and Montana. The Company also owns and operates Fisher Plaza, a facility located near downtown Seattle. For more information about Fisher, visit the corporate website at www.fsci.com.

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This press release includes forward-looking statements. These statements may be identified by the use of forward-looking terminology such as “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “intend,” “may,” “might,” “plan,” “potential,” “predict,” “should,” or “will,” or the negative thereof or other variations thereon or comparable terminology. In particular, statements about the expected sources of financing are forward-looking statements. We have based these forward-looking statements on our current expectations, assumptions, estimates and projections. While we believe these expectations, assumptions, estimates and projections are reasonable, such forward-looking statements are only predictions and involve known and unknown risks and uncertainties, many of which are beyond our control. Given these risks and uncertainties, you are cautioned not to place undue reliance on such forward-looking statements. The forward-looking statements included in this press release are made only as of the date hereof. We do not undertake any obligation to update any such statements or to publicly announce the results of any revisions to any such statements to reflect future events or developments.