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Raycom Media, Inc. was an American television broadcasting company based in Montgomery, Alabama. Raycom owned and/or provided services for 65 television stations and two radio stations across 44 markets in 20 states. Raycom, through its Community Newspaper Holdings subsidiary, also owned multiple newspapers in small and medium-sized markets ...
Raycom's final syndicated ACC telecast was the 2019 ACC men's basketball tournament final. Purchase by Gray Television. On June 25, 2018, Albany, Georgia-based media group Gray Television announced it would be purchasing Raycom Media (Raycom Sports' parent) for $3.65 billion. The FCC approved the sale on December 20, 2018, and it was completed ...
Local marketing agreement. In North American broadcasting, a local marketing agreement ( LMA ), or local management agreement, is a contract in which one company agrees to operate a radio or television station owned by another party. In essence, it is a sort of lease or time-buy .
The report, with nearly half of its respondents being Millennial, followed by Gen X and Gen Z employees, found a staggering increase of 28% in the number of people who plan to change jobs ...
Penn State trustees voted 26-6 on Friday to approve a proposal that would create a 2.5% general salary increase for university employees. The pay bump, retroactive to July 1, will take effect ...
Raycom Media acquired the Liberty Corporation's portfolio of television stations, including WTOL, in 2006. It chose to keep WTOL and sold WNWO-TV to Barrington Broadcasting . The news department withstood a round of layoffs and gradual decreases in headcount, remaining the laggard in local TV news in spite of a relaunch effort in 2011.
America’s highest-paid CEOs and how they earn it. The compensation of America’s CEOs has risen briskly over the last decade, with median pay rising from $7.39 million in 2013 to $15.71 million ...
From January 2008 to December 2012, if you bought shares in companies when Charles O. Holliday, Jr. joined the board, and sold them when he left, you would have a -38.1 percent return on your investment, compared to a -2.8 percent return from the S&P 500.