Complex sentence: The station is officially part of the Lincoln/Hastings/Kearney television market, but this market has little basis in television reality and is only fully realized on the local satellite feeds.
Split into simpler sentences: The station is officially part of the Lincoln/Hastings/Kearney television market, but this market has little basis in television reality. The Lincoln/Hastings/Kearney market is only fully realized on the local satellite feeds.