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Gray buying Raycom for $3.6 billion
- Thread starter newsbot2
- Start date
Wow the largest stations affected by the Gray/Raycom deal is WOIO-TV Cleveland currently owned by Raycom and Raycom just started their own version of Newsy recently called Investigate TV though. How this will play out for Gray is pending. Plus I understand why this move happened though. RayCom and Gray traditionally went after Nexstar and Sinclair in most parts of the country though for ratings and Revenue in medium and smaller markets.
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http://www.investigatetv.com/
Well Raycom just started Investigate TV recently its basically their version of Circa and Newsy. The real question is will the merged company keep this outlet though.
Well Raycom just started Investigate TV recently its basically their version of Circa and Newsy. The real question is will the merged company keep this outlet though.
That will affect WMC NBC 5 in Memphis, KAIT ABC 8 in Jonesboro, AR, and KFVS CBS 12 in my nearby area.
It will affect NBC affiliate WLBT 3 in Jackson, Miss. 3 also operates WDBD Fox 40 (American Spirit license) as well WLOO MyTV 38 (Vicksburg but Tougaloo College is licensee).
https://www.raycommedia.com/gray-and-raycom-to-combine-in-a-3-6-billion-transaction/
Raycom and Gray has released an official statement on the deal and they have mentioned that they have overlap markets in Georgia, Ohio, Texas, Florida, Alabama and Tennessee. Note we don't know yet on who is being divested due to the Gray/Raycom merger and where are the divested stations are going to yet.
Raycom and Gray has released an official statement on the deal and they have mentioned that they have overlap markets in Georgia, Ohio, Texas, Florida, Alabama and Tennessee. Note we don't know yet on who is being divested due to the Gray/Raycom merger and where are the divested stations are going to yet.
Raycom's big syndication deal for some time now has been the ACC basketball and football packages, but those expire in August when ESPN launches the ACC Network. No play for Mr. Gray, as Walt Frazier used to say in that classic Just For Men ad.
What Gray is known for is in overlapping areas buying the programming from the station they "dont want" and move it to a sub (or LP station...or both) of the station they own. Then selling the leftovers to someone who will put diginets on it (or something similar).....see KRDK Fargo (the former KXJB), KHME Rapid City, SD (the former KOTA), KNBD & KNDM Western ND (the former KNDX & KXND)
https://gray.tv/index.php?page=station-list
https://www.raycommedia.com/companies/
Here are the Current list of stations owned by Gray and Raycom as of June 2018
WVLT, WYMT, WKYT and WSAZ are currently Grays Largest Stations pre-merger.
WXIX, WOIO, WUAB and WWSB are Raycom's Current Largest stations as of 2018
Gray's National News office is in Washington DC.
https://www.raycommedia.com/companies/
Here are the Current list of stations owned by Gray and Raycom as of June 2018
WVLT, WYMT, WKYT and WSAZ are currently Grays Largest Stations pre-merger.
WXIX, WOIO, WUAB and WWSB are Raycom's Current Largest stations as of 2018
Gray's National News office is in Washington DC.
http://newson.us/partners/
Raycom is mentioned as one of the companies having a broadcast contract with Newson app but that's now uncertain due to the Gray/Raycom talks.
Raycom is mentioned as one of the companies having a broadcast contract with Newson app but that's now uncertain due to the Gray/Raycom talks.
Gray owns KY3/KSPR.
The Gray-Raycom purchase will exclude the newspapers which Raycom purchased last winter, according to the Boston Herald. A separate buyer will be sought for those properties.
http://www.bostonherald.com/busines...8/06/cnhi_owner_of_mass_newspapers_to_be_sold
http://www.bostonherald.com/busines...8/06/cnhi_owner_of_mass_newspapers_to_be_sold
Most likely Digital First, the vulture capitalist pseudo-publisher that's currently sucking the Herald and many other papers dry. The Salem News was the local daily for me growing up on the North Shore. I hope it winds up in good hands.
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