UPDATED: Meredith has agreed to acquire WGGB Springfield, the ABC affiliate in DMA No. 114, from Gormally Broadcasting for $53.8 million. WGGB airs Fox on its dot-two channel.
The deal is subject to regulatory approval and is expected to close by the end of the year.
Meredith also owns CBS affiliate WSHM in the market, where Media General’s NBC affiliate WWLP is a powerhouse.
Gormally bought WGGB from Sinclair for $21.2 million in 2007.
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.
The smarter way to stay on top of broadcasting and cable industry. Sign up below.
Thank you for signing up to Broadcasting & Cable. You will receive a verification email shortly.
There was a problem. Please refresh the page and try again.