Allen Media Group is continuing its run of local TV station acquisitions, paying $70 million to Gray Television for WJRT, an ABC affiliate in Flint-Saginaw, MI.The deal for Byron Allen’s company follows a $380 million pact announced in April for a batch of other stations in a separate arrangement with Gray related to the purchase of Quincy Media.
Allen said he intends for his company to soon become the largest station owner in the U.S., taking that crown from Nexstar Media Group.After the close of the transaction, Allen Media will have 24 local TV stations in 20 markets, as well as 12 networks, including the Weather Channel and streaming service Local Now.Gray’s divestiture of WJRT should ease the regulatory review of the company’s pending
Read more on deadline.com
Get the latest stars news and celebrity rumours with exclusive stories, photos, videos and interviews.
Breaking up, scandals, engagements, divorces, gossip – all you need to know about the private lives of your favorite celebs.
Get to know the latest showbiz news along with exclusive interviews and even more. All this is waiting for you on the main page 24 hours a day, 7 days a week! Who, where, when, with whom, how, why and for what!? Stay tuned to know first!
Just follow us daily and we will provide you with the current news from the life of famous stars and celebrities.
Owner: SNOWLAND s.r.o.
Registration certificate 06691200
Address:
Snowland s.r.o.
16200, Na okraji 381/41, Veleslavín, 162 00 Praha 6
Czech Republic
©2024. All rights reserved.