Gannett acquires Texas TV stations
- July 8, 2014
It’s official. McLean-based Gannett has acquired six television stations in Texas for $215 million in cash. With this acquisition, Gannett says it will reach 83 percent of households in the Lone Star State.
The deal includes KCEN (NBC) in Waco-Temple-Bryan, KYTX (CBS) in Tyler-Longview, KIII (ABC) in Corpus Christi, KBMT (ABC) and its digital sub-channel KJAC (NBC) in Beaumont-Port Arthur, KXVA (FOX) in Abilene-Sweetwater and KIDY (FOX) in San Angelo.
Phil Hurley, London Broadcasting Co.’s chief operating officer, will continue to lead the six stations. He will report to Dave Lougee, president of Gannett Broadcasting.
Gannett’s properties include broadcast, digital, mobile and publishing platforms .