Latest Granite Broadcasting News
Feb 12, 2014
Illinois-based Quincy Newspapers Inc. has acquired Duluth’s KBJR-TV Channel 6 and its satellite KR11-TV Range 11 from Granite Broadcasting Corp., the company announced Tuesday. By: News Tribune staff, Duluth News Tribune Illinois-based Quincy Newspapers Inc. has acquired Duluth’s KBJR-TV Channel 6 and its satellite KR11-TV Range 11 from Granite Broadcasting Corp., the company announced Tuesday. The acquisition is subject to federal regulatory consent and is expected to close later this year. KDLH-TV was also part of a transaction. The station, owned by Malara Broadcasting, was purchased by SagamoreHill Broadcasting, but will continue to be operated by KBJR-TV under its new ownership. Ralph Oakley, Quincy president and CEO, said the company is thrilled to acquire and operate the local television stations. “We are hometown broadcasters, very involved in the communities and regions we serve,” he said in a news release. Dave Jensch, vice president and station manager at Northland’s NewsCenter, referred questions to the parties directly involved with the sale. This is one of a series of moves by Granite Broadcasting, which sold stations in Detroit and Buffalo, N.Y., to E.W. Scripps Co. for $110 million, according to a report in Monday’s Wall Street Journal. Granite still has stations in the Syracuse, N.Y., and San Francisco markets. Quincy is a private, family-owned company operated by fifth- and sixth-generation family members. It has a strong presence in the Wisconsin markets and has owned KTTC-TV in Rochester, Minn., since the mid-1970s. Quincy is also acquiring Granite or Malara-owned stations in Peoria, Ill., Binghampton, N.Y., and Fort Wayne, Ind. SagamoreHill Broadcasting is privately owned and has stations in four markets.