Gray buys Quincy Media’s TV outlets

Another television group exits Illinois  Atlanta-based Gray Television announced Monday the acquisition of Quincy Media’s television and radio properties for $925 million, a move expected as the Quincy, Ill.-based company announced late last year it was putting their media properties up for sale.  Once the deal is completed, Gray would own stations in 102 markets, mostly mid-sized and small metros. […]

Sinclair to buy Tribune Media for $4 billion 

Mega deal is the biggest in television history: 42 station-group sold to Maryland-based broadcaster Ends local ownership of WGN-TV and WGN Radio after more than 60 years Sinclair’s purchase of Tribune Media will change the landscape of local television as we know it. For one, Tribune – with roots in television going back to 1948 as the WGN Continental Broadcasting […]

Tribune buys Local TV LLC for $2.7 billion

    Tribune adds stations from Cleveland, Milwaukee, and Memphis to its stable About a year or so ago, there was speculation on whether or not Tribune Broadcasting, planning to exit Chapter 11, would stay in the broadcast business. Consider this a definite answer. Chicago-based Tribune announced Monday it was acquiring Newport, Ky.-based Local TV LLC for $2.7 billion. The […]