Tag: Raycom
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Your Local ABC, CBS, FOX, & NBC Station May Have a New Owner Today as Gray & Raycom Merge
Last week Gray Television closed their deal to buy Raycom Media and has become the third-largest owner of broadcast TV stations. With this deal, the new company will own 142 full-power television stations in 92 markets. The deal is worth $3.46 billion, and Wells Fargo financed $2.525 billion of the deal. “Today we announce the…
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Your Local ABC Station May Have a New Owner Today
This week Scripps announced that it had completed the sale of 3 ABC stations from Raycom as part of a bigger Raycom and Gray merger. With this sale, Scripps now owns KXXV, KRHD, and WTXL as Gray works to meet the DOJ required sale of stations in order for them to buy Raycom media’s stations. “The…
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E.W. Scripps is Buying Two Local ABC and CBS Affiliates
This week E.W. Scripps Co broadcasting group announced that they will buy two ABC affiliates from Raycom Media. ABC KXXV in Waco Texas and CBS KHRD in Byron TX will be sold to Scripps as part of Gray Televisions 3.6 billion dollar deal to buy Raycom Media. “Scripps’ acquisition of these two stations is in…
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Your Local TV Station May Have a New Owner Today as Gray & Raycom Merge
Today Gray Television announced a deal to acquire Raycom Media to become the 3rd largest owners of broadcast TV stations. With this deal, the new company will own 142 full-power television stations in 92 markets. The deal is worth $3.46 billion and Wells Fargo will finance $2.525 billion of the deal. “Today we announce the…
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DIRECTV NOW Added More Raycom Owned CBS Affiliates This Week
This week AT&T started to add Raycom owned CBS affiliates to their live TV streaming services DIRECTV NOW. This is the second batch of CBS affiliates added this week as earlier this week Meredith owned CBS affiliates started to show up on DIRECTV NOW Now, this may not mean all Raycom owned CBS went go live this…