Brian Steinberg Senior TV EditorByron Allen’s Allen Media has agreed to buy seven TV stations from Gray Television Inc. for $380 million in cash, the companies announced Thursday.
Gray is divesting the stations as a condition of acquiring the assets of Quincy Media Inc.Allen Media owns and operates TV stations in 12 markets and operates cable’s The Weather Channel, among other media properties.Allen Media will buy KVOA in Tucson, AZ; WKOW in Madison, WI; WSIL in Paducah KY; KWWL in Cedar Rapids IA; WXOW in La Crosse WI; WAOW in Wasau and Rhinelander WI; and WREX in Rockford IL.Gray said it expects the sales of the divested stations to close in the third quarter of 2021, concurrent with its Quincy purchase.
Read more on variety.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.