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. […]
Young Broadcasting’s KWQC-TV in Davenport, IA-Rock Island, IL has laid off twelve employees and the NBC affiliate has also canceled its Saturday morning newscasts. This move comes as Young is struggling, with its underperforming San Francisco station up for sale and its ABC affiliate in Nashville (WKRN-TV) also getting hit hard with job cuts.