Quincy Media

Gray Sells Divestiture Stations From Quincy Media Transaction to Allen Media for $380 Million

Retrieved on: 
Thursday, April 29, 2021
Television in the United States, Television, Joint ventures, This TV, Ion, Quincy Media, Gray Television

Allen Media, which owns and operates local television stations in twelve markets, also owns 12 networks including The Weather Channel and the free-streaming service Local Now.

Key Points: 
  • Allen Media, which owns and operates local television stations in twelve markets, also owns 12 networks including The Weather Channel and the free-streaming service Local Now.
  • Allen Media Group was founded by Byron Allen in 1993.\nEarlier this year, Gray reached an agreement to acquire Quincy for $925 million in cash.
  • As such, at no time will Gray own, control or operate any of the divestiture television stations.
  • Over the past year-and-a-half, we've invested close to $1 billion to acquire best-in-class, top-tier, broadcast network affiliates,\xe2\x80\x9d said\xc2\xa0Byron Allen, Founder/Chairman/CEO of Allen Media Group.

GRAY TO ACQUIRE QUINCY MEDIA, INC. FOR $925 MILLION

Retrieved on: 
Monday, February 1, 2021
Television stations in the United States, Quincy Media, Television in the United States, Television, Financial District, San Francisco, WSJV, Heroes & Icons, WGEM, Wells Fargo, Gray

Interested parties should contact Wells Fargo Securities directly and should not contact Gray or Quincy about the divestiture opportunities.

Key Points: 
  • Interested parties should contact Wells Fargo Securities directly and should not contact Gray or Quincy about the divestiture opportunities.
  • In addition to the stations above, Gray will acquire Quincys Heroes & Icons affiliate WSJV in South Bend, Indiana (DMA 98) as well as WGEM(AM)/-FM in Quincy, Illinois.
  • Gray will not acquire Quincys newspaper operations, which will be divested prior to the Gray/Quincy closing.
  • Gray expects that the Quincy transaction will be immediately accretive to Grays free cash flow per share.

Quincy Media Inc. Expands Relationship with Comscore Across Cedar Rapids-Waterloo & Sioux City, IA

Retrieved on: 
Wednesday, December 11, 2019
Quincy Media, Geography of Iowa, IOWA, comScore, KWWL, KTIV, KFMW, KPTY, Waterloo, Iowa, Cedar Rapids, Iowa, Reston, Virginia

RESTON, Va., Dec. 11, 2019 /PRNewswire/ --Comscore (Nasdaq: SCOR), a trusted partner for planning, transacting and evaluating media across platforms, today announced an agreement to provide Quincy Media's KWWL & KTIV with measurement services for their NBC & CW television stations in Cedar Rapids-Waterloo & Sioux City, IA.

Key Points: 
  • RESTON, Va., Dec. 11, 2019 /PRNewswire/ --Comscore (Nasdaq: SCOR), a trusted partner for planning, transacting and evaluating media across platforms, today announced an agreement to provide Quincy Media's KWWL & KTIV with measurement services for their NBC & CW television stations in Cedar Rapids-Waterloo & Sioux City, IA.
  • "We are proud to welcome KWWL & KTIV to the Comscore family," said Steve Walsh, Executive Vice President of Local Markets at Comscore.
  • "With the expansion all major local broadcasters are using Comscore in both markets."
  • Comscore (NASDAQ: SCOR) is a trusted partner for planning, transacting and evaluating media across platforms.