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Raycom announced on April 25, 2005, it was the launch station group for The Tube affiliating 29 stations. [7] Raycom launched the network in June 2005 on 30 stations. [8] Raycom Media was an initial round investor in The Tube Music Network. [9] On January 31, 2006, the company acquired the Liberty Corporation. [10]
Since Raycom Sports is headquartered in Charlotte, WBTV had a very important role in Raycom Media's operations, and it shared its flagship status with NBC affiliate WSFA, located in the company's homebase of Montgomery, Alabama. In early 2008, Raycom Sports and Lincoln Financial Sports officially merged under the Raycom Sports banner.
Raycom Sports was started in July 1979 by Rick and Dee Ray in Charlotte. [1] [2] Rick Ray was a program manager at WCCB in Charlotte [3] when he proposed that WCCB, which had become an independent station a year earlier after losing its ABC affiliation, produce more basketball games.
On June 25, 2018, Atlanta-based Gray Television announced it had reached an agreement with Raycom to merge their respective broadcasting assets (consisting of Raycom's 63 existing owned-and/or-operated television stations, including WDAM-TV), and Gray's 93 television stations) under the former's corporate umbrella.
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The combined company would be led by Raycom's current president and CEO Pat LaPlatney, with current Gray CEO Hilton Howell acting as executive chairman and co-CEO. The acquisition, which Gray expected to close in late 2018, would give Gray 142 stations in 92 markets , making Gray the third-largest owner of television stations in the United ...
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