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Gray Television - General Thread

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Press%20Release%20re%20Gray%20Enters%20N

 

Here is the press realease on Gray’s website. 

Edited by JayPhil

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With United's footprint, this should've been Prather's for the taking, since he owns stations in both those states (KIMT - MN & WKTV - NY).

 

Could Heartland be taken by Prather's former employer (Gray) next? They haven't really expanded since they'd acquired some the spin-off properties from the Nexstar-MG deal two years ago.

 

EDIT 7:30pm/ET: Gray will operate the United TV stations under a LMA, while it awaits regulatory approval starting March 1.

 

Edited by CircleSeven
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1 hour ago, CircleSeven said:

With United's footprint, this should've been Prather's for the taking, since he owns stations in both those states (KIMT - MN & WKTV - NY).

 

Could Heartland be taken by Prather's former employer (Gray) next? They haven't really expanded since they'd acquired some the spin-off properties from the Nexstar-MG deal two years ago.

 

EDIT 7:30pm/ET: Gray will operate the United TV stations under a LMA, while it awaits regulatory approval starting March 1.

 

 

If they did that, then they would get their first west coast stations. They would also only be missing Greenville (WABG) in Mississippi, and that is an easy purchase or trade. KNIN for the Delta stations and maybe another low-market Brady station?

Edited by GoldenShine9

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United is actually getting out of everything. It sold its last newspaper (The Kenosha News) a few weeks ago. They've slowly been selling off their other newspaper properties over the past few years. 

 

What a terrible position they were in. Small town newspapers and TV stations with pretty much no digital properties and lackluster digital for the stuff they did own.

 

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Speaking of getting out of everything (well damn near everything). Remember Schurz? The group Gray bought the TV outlets from almost three years ago? 

 

Well, Schurz is now getting rid of its paper biz after 147 years by selling it publishing arm to Gatehouse Media, one of the leading consolidators of small newspapers.

 

Makes me think that they should've sold it right at the time they sold their stations because they never really expanded their paper holdings.

 

All they'll have left is their cloud-managing IT business & a few small broadband providers. Might as well sell those too, because they're lacking scale in that too.

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