Broadcaster Gray Television Monday has acquired smaller family-owned Quincy Media for $925 million in cash in a deal that will land it with stations in 102 markets reaching over 25% of U.S.
TV households.Atlanta-based Gray said Monday its portfolio will include the top-ranked stations in 77 markets and first or second-ranked in 93 markets according to Comscore’s average all-day ratings for 2020.Gray shares were up 2.7% at $17.51 in mid-morning trade.“We are honored and humbled to be selected by Quincy’s shareholders to acquire their terrific company,” said Hilton Howell, Jr., Gray’s executive chairman and CEO. “Gray will become a stronger company with an even larger platform of high quality television stations to better serve the public
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.