The newly acquired stations will manage their national ad sales in-house like the rest of Gray’s stations.
The spinoffs from the Gray-Raycom merger brings Scripps’ holdings to 36 TV stations in 26 markets and gives Scripps its first stations in Texas and expands its Florida presence.
The $3.6 billion merger creates another TV mega-group with stations in 92 markets reaching 24% of TV homes (or 17% with the UHF discount the FCC uses in calculating compliance with its 39% ownership cap).
The FCC has granted the license renewals of Raycom’s KHNL and KGMB, both Honolulu, and HITV’s KFVE Honolulu, denying a license challenge by Media Council Hawai’i and putting a final nail in the group’s long-standing complaint that Raycom and KITV had run afoul of local ownership rules.
Gray and Raycom must divest television stations in nine markets to receive approval of the $3.6 billion merger.
It doesn’t take an Einstein to know that in this age of streaming and on-demand viewing, linear TV notions of time and space don’t apply. But it did take a Breland — Sandy Breland, group vice president at Raycom Media — to apply that new reality to investigative reporting.
The Justice Department has settled with six TV station groups over what DOJ said was the “unlawful sharing of competitively sensitive” information on advertising that disrupted “the normal competitive process of spot advertising in markets across the United States.” The six: Sinclair Broadcast Group, Raycom Media, Tribune Media, Meredith Corp., Griffin Communications and Dreamcatcher Broadcasting.
Instead of looking at off-the-shelf syndicated programming, Raycom Media decided to tailor its own, a half-hour talk show featuring two comediennes. Me Time with Frangela features the team of Frances Callier and Angela V. Shelton, who have been friends for more than 20 years. Ken Reiner, Raycom’s programming VP, sees the show as an opportunity “to really look at something that’s new, unique, fun and dynamic.”
Raycom Media and partners are highlighting the work of investigative journalists while making the reporting process more transparent to audiences with a new show Post. Show host Jamie Grey discusses recent investigations with an Investigative Reporters and Editors staffer and journalists. The monthly show, which is recorded at the Reynolds Journalism Institute, features investigative projects from documentaries to newspaper data stories published by all newsroom sizes.
The Atlanta-based production company is a provider of urban content production and programming, delivering more than 60 original productions in the last six years.