Lockwood Broadcast Group has agreed to acquire WCWG
Greensboro from TTBG LLC. Terms for the CW in DMA No. 46 were not revealed.
The transaction is subject to FCC approval.
"We feel WCWG is a perfect fit for Lockwood
Broadcasting," said Dave Hanna, Lockwood president.
"Growth is our mode -- we've now doubled in size since
2011 -- and we will continue to seek out and acquire television properties that
complement our business."
Lockwood owns stations in Knoxville,
Charleston-Huntington, Huntsville-Decatur and Sherman-Ada.
TTBG had acquired WCWG from New World TV Group in a $260 million group deal
Michael Malone, senior content producer at B+C/Multichannel News, covers network programming, including entertainment, news and sports on broadcast, cable and streaming; and local broadcast television. He hosts the podcasts Busted Pilot, about what’s new in television, and Series Business, a chat with the creator of a new program, and writes the column “The Watchman.” He joined B+C in 2005. His journalism has also appeared in The New York Times, The Philadelphia Inquirer, Playboy and New York magazine.
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