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

news of note
(Pixabay)

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

FREE DAILY NEWSLETTER

Like this story? Subscribe to FierceVideo!

The Video industry is an ever-changing world where big ideas come along daily. Cable, Media and Entertainment, Telco, and Tech companies rely on FierceVideo for the latest news, trends, and analysis on video creation and distribution, OTT delivery technologies, content licensing, and advertising strategies. Sign up today to get news and updates delivered to your inbox and read on the go.

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

Suggested Articles

Comcast is defending its civil rights and diversity record as it prepares for a U.S. Supreme Court showdown with Entertainment Studios over a $20 billion…

After years of trying to get back together, CBS and Viacom have officially reached a deal to recombine their companies and become ViacomCBS.

For what feels like an eternity, CBS and Viacom have been circling a merger that would undo their formal split from 2006. Now it looks like it may finally…