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Gray to purchase Quincy stations

Discussion pertaining to the Tri-Cities, Flint, Mt. Pleasant, and Bad Axe
sinklair
Posts: 2197
Joined: Sun Dec 08, 2019 11:59 am

Gray to purchase Quincy stations

Post by sinklair » Mon Feb 01, 2021 6:46 pm

The trend of station consolidation continues as Gray Television, the parent company of ABC 12, announced today that they have reached an agreement to purchase Quincy Media:

https://www.abc12.com/2021/02/01/gray-t ... ncy-media/

Meredith, who owns TV 5, is also searching for a buyer for its TV stations.

As Sinclair proves, bigger is not always better when it comes to improving the quality of journalism for viewers.



MasterB
Posts: 1388
Joined: Sun Apr 23, 2006 2:59 pm
Location: Kalamazoo

Re: Gray to purchase Quincy stations

Post by MasterB » Tue Feb 02, 2021 9:54 pm

I think Byron Allen will buy Meredith maybe Gray does which I'm surprised if Gray did buy Meredith they would only have to sell TV5 surprised they aren't in a lot more markets I thought there would be more than just one and would've had to sell more. Quincy media wanted to sell the owners wanted to cash out and get out of the broadcasting business.


Go Pistons, Let's Go Redwings.

sinklair
Posts: 2197
Joined: Sun Dec 08, 2019 11:59 am

Re: Gray to purchase Quincy stations

Post by sinklair » Tue Feb 02, 2021 10:36 pm

Scripps could be in the picture with its existing Michigan footprint. Nexstar I think is at its ownership cap and likely would have to sell other stations in order to consider buying WNEM... and that likely won’t happen.

I like Jim Kirtzner’s idea to have current and past TV 5 employees to buy the rusty nickel. That would be fun to watch!



DAC
Posts: 581
Joined: Wed Feb 16, 2005 5:43 pm

Re: Gray to purchase Quincy stations

Post by DAC » Thu Feb 04, 2021 12:46 am

MasterB wrote:
Tue Feb 02, 2021 9:54 pm
I think Byron Allen will buy Meredith maybe Gray does which I'm surprised if Gray did buy Meredith they would only have to sell TV5 surprised they aren't in a lot more markets I thought there would be more than just one and would've had to sell more. Quincy media wanted to sell the owners wanted to cash out and get out of the broadcasting business.
A tiny bit of punctuation makes for a H*** amount of easy reading and understanding.



dirtymind410
Posts: 37
Joined: Tue Oct 20, 2020 9:03 pm

Re: Gray to purchase Quincy stations

Post by dirtymind410 » Mon Mar 01, 2021 12:05 pm

Byron Allen will bring his fake court shows and unfunny game shows to local tv newscasts... Shameful.



organman95
Posts: 582
Joined: Mon Aug 31, 2015 9:49 pm

Re: Gray to purchase Quincy stations

Post by organman95 » Tue Mar 02, 2021 9:19 am

Gray could buy Meredith and pull a Sinclair and spin it off with an "LMA."

Seems to be the 'cool thing to do'...



Realist
Posts: 976
Joined: Wed Dec 13, 2006 10:36 pm
Location: Northern Michigan

Re: Gray to purchase Quincy stations

Post by Realist » Tue Mar 02, 2021 3:46 pm

organman95 wrote:
Tue Mar 02, 2021 9:19 am
Gray could buy Meredith and pull a Sinclair and spin it off with an "LMA."

Seems to be the 'cool thing to do'...
The quality of NEWS5 broadcasts would definitely improve....



organman95
Posts: 582
Joined: Mon Aug 31, 2015 9:49 pm

Re: Gray to purchase Quincy stations

Post by organman95 » Thu Mar 04, 2021 10:36 am

Realist wrote:
Tue Mar 02, 2021 3:46 pm
The quality of NEWS5 broadcasts would definitely improve....
I have no idea how bad the quality is. I don't watch it LOL



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