News of Note—TEGNA, E.W. Scripps and Locast

news of note

Here are the stories we’re following today:

> TEGNA entered into a definitive agreement with Gray Television to acquire local stations WTOL, the CBS affiliate in Toledo, Ohio; and KWES, the NBC affiliate in Odessa-Midland, Texas, for $105 million in cash. Release

> E.W. Scripps has agreed to acquire two ABC-affiliated television stations in Florida and Texas owned by Raycom Media for $55 million. Release

> Locast, the local TV station streaming service, is adding its third market, Houston, as of Aug. 20. Multichannel article

Suggested Articles

The U.S. satellite TV industry is crashing back down to earth.

The video industry has had a long relationship with video piracy.

AT&T has become a behemoth with substantial business interests in wireless, pay TV, media, entertainment and advertising.