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WRGB Parent company up for sale
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MobileTerminal
November 18, 2010, 12:21pm Report to Moderator
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(WZZM) - The parent company of a local television affiliate is up for sale.

Industry-watcher 'TVNewsCheck' quotes a source close to the situation who says Freedom Communications is asking between $400 million and $500 million for eight television stations. WWMT-Channel 3 in Kalamazoo is among the stations in the group.

Others include WPEC, in West Palm Beach FL(DMA 3, WWMT (CBS) Kalamazoo, Mich., (DMA 39); WRGB (CBS) Albany-Schenectady, N.Y., (DMA 56) in a duopoly with WCWN (CW); WTVC (ABC) Chattanooga, Tenn. (DMA 86); WLAJ (ABC) Lansing, Mich. (DMA 112); KTVL (CBS) Medford, Ore. (DMA 140); and KFDM (CBS) Beaumont, Texas (DMA 141).

'TVNewsCheck' reports WZZM 13's parent company, Gannett as a potential buyer.


http://www.wzzm13.com/news/local/story.aspx?storyid=139990&catid=2
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DemocraticVoiceOfReason
November 18, 2010, 2:28pm Report to Moderator

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Good -- maybe the new owner will clean house and make WRGB a respectable news outlet again -- like it was
waaay so many years ago.


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