Find a list of your saved stories here

9 television stations across 5 states to be sold for $59.2M


Save Story

Save stories to read later


Estimated read time: Less than a minute

This archived news story is available only for your personal, non-commercial use. Information in the story may be outdated or superseded by additional information. Reading or replaying the story in its archived form does not constitute a republication of the story.

NASHVILLE, Tenn. (AP) — An expanding television group is buying nine stations in six smaller markets.

Standard Media Group of Nashville, Tennessee says it will buy stations in Arkansas, Indiana, Mississippi, New York and Tennessee for $59.2 million.

From Waypoint Media, Standard is buying Fox and NBC affiliate WGBC-TV in Meridian, Mississippi; Fox affiliate WHPM-LD in Hattiesburg, Mississippi; NBC affiliate WNBJ-LD in Jackson, Tennessee; Fox and CBS affiliate KJNB-LD in Jonesboro, Arkansas; and Fox and NBC affiliate WPBI-LD plus ABC affiliate WPBY-LD in Lafayette Indiana.

From Vision Communications, Standard is buying Fox affiliate WYDC-TV and MyNet affiliate WJKP-TV in Corning, New York.

The sale also includes news production operations in Little Rock, Arkansas, and 15 radio stations in Indiana and New York.

The sale is projected to close in early 2020, pending regulatory approvals.

Copyright © The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Most recent Business stories

Related topics

Business
The Associated Press

    STAY IN THE KNOW

    Get informative articles and interesting stories delivered to your inbox weekly. Subscribe to the KSL.com Trending 5.
    By subscribing, you acknowledge and agree to KSL.com's Terms of Use and Privacy Policy.

    KSL Weather Forecast