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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 ...
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 WWBT and WUPV, the latter of which is being acquired outright, and Gray's 93 television stations) under Gray's corporate umbrella.
The cash-and-stock merger transaction valued at $3.6 billion—in which Gray shareholders would acquire preferred stock currently held by Raycom—resulted in WBTV gaining new in-state sister stations, including NBC affiliates WECT in Wilmington and WITN-TV in the Washington–Greenville market, in addition to its current Raycom sister stations.
It might finally happen. Alexandra Canal. September 27, 2024 at 12:41 PM. Another big media merger could be on the horizon. Satellite TV providers DirecTV (T, TPG) and Dish Network (SATS) are ...
DirecTV and Dish are in advanced talks to merge in a deal that would create the largest US pay-TV provider, with almost 20 million subscribers, people familiar with the matter said.
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.
KFVS-TV. KFVS-TV (channel 12) is a television station licensed to Cape Girardeau, Missouri, United States, serving Southeastern Missouri, the Purchase area of Western Kentucky, Southern Illinois, and Northwest Tennessee as an affiliate of CBS and The CW. The station is owned by Gray Television alongside Paducah, Kentucky –licensed Telemundo ...
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, and Gray's 93 television stations) under Gray's corporate umbrella, in a cash-and-stock merger transaction valued at $3.6 billion.