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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 currently owns and operates is KWQC-TV, the NBC affiliate in the Quad Cities. WSIL-TV in southern Illinoi...

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 currently owns and operates is KWQC-TV, the NBC affiliate in the Quad Cities. WSIL-TV in southern Illinoi...