In a deal announced this evening, E.W. Scripps Company and Journal Communications will merge and then divide certain assets.
Scripps will come away owning 0 newspapers, 34 television stations and 35 radio stations.
Journal will own all the newspaper assets of the two companies, and will operate in 14 metropolitan areas.
Via press release: http://finance.yahoo.com/news/scripps-journal-merging-broadcast-operations-003000770.html
Scripps will come away owning 0 newspapers, 34 television stations and 35 radio stations.
Journal will own all the newspaper assets of the two companies, and will operate in 14 metropolitan areas.
Via press release: http://finance.yahoo.com/news/scripps-journal-merging-broadcast-operations-003000770.html