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WEEK-TV, HOI Being Sold To Atlanta-Based Company

The parent company of WEEK-TV and Heart of Illinois ABC is selling the stations to an Atlanta, Ga.-based broadcasting company. Quincy Media will sell the stations as part of a $925 million cash deal with Gray Television. It includes stations in 16 markets, several of which will be divested, as Gray already owns stations in those communities. A station insider says no job cuts are expected at the Peoria-Bloomington NBC/ABC stations as part of the ownership change. The nearest station Gray curre...
United States Mark Desantis Quincy Herald Gray Television Quincy Herald Whig Hannibal Courier Post

WEEK-TV, HOI Will Be Sold To Atlanta-Based Company

The parent company of WEEK-TV and Heart of Illinois ABC is selling the stations to an Atlanta, Ga.-based broadcasting company. Quincy Media will sell the stations as part of a $925 million cash deal with Gray Television. It includes stations in 16 markets, several of which will be divested, as Gray already owns stations in those communities. A station insider says no job cuts are expected at the Peoria-Bloomington NBC/ABC stations as part of the ownership change. The nearest station Gray curre...
United States Mark Desantis Quincy Herald Gray Television Quincy Herald Whig Hannibal Courier Post

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