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WTVQ

ABC-affiliated television station delivering local news

Overview

WTVQ-DT (ABC 36) is a Lexington, Kentucky television station owned by Morris Multimedia that broadcasts ABC network programming plus local and national news. It operates its main channel on 36.1 and uses digital subchannels to offer MyNetworkTV (MyKY), Me-TV Toons, and the True Crime Network for additional content. Advertisers fund the station through local ads during newscasts and programs, supporting its revenue model. The station differentiates itself with the ABC affiliation, regional ownership, and a slate of subchannels that increase viewing options for central Kentucky audiences with a goal of delivering timely news and broad audience reach.

Significant Headcount Growth

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About WTVQ

Simplify's Rating
Why WTVQ is rated
B-
Rated B on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Entertainment

Company Size

51-200

Company Stage

Acquired

Total Funding

$15.8M

Headquarters

United States

Founded

N/A

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Simplify's take

What believers are saying

  • Scripps’ August 1, 2026 acquisition gives WTVQ stronger capital backing and market scale.
  • Management said the deal adds reporters across Central Kentucky, improving local coverage depth.
  • The Lexington duopoly creates bundled advertising packages and shared costs across two stations.

What critics are saying

  • Scripps completed 2026 workforce reductions on October 28, signaling relentless cost cutting.
  • WLEX and WTVQ together invite internal cannibalization of news audiences and local ad dollars.
  • Cord-cutting and YouTube TV erosion can crush WTVQ’s affiliate fees and advertising by 2027.

What makes WTVQ unique

  • WTVQ became Scripps’ Lexington ABC-NBC duopoly partner on August 1, 2026.
  • ABC 36 combines broadcast news, MyNetworkTV, Me-TV Toons, and True Crime Network.
  • Lexington station WTVQ delivers local news with Scripps’ larger newsroom and sales infrastructure.

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Funding

Total Funding

$15.8M

Above

Industry Average

Funded Over

1 Rounds

Acquisition funding comparison data is currently unavailable. We're working to provide this information soon!
Acquisition Funding Comparison Coming Soon

Growth & Insights and Company News

6 month growth

5%

1 year growth

8%

2 year growth

8%
Associated Press
Mar 4th, 2026
Scripps acquires WTVQ in Lexington for $15.8M to create ABC-NBC duopoly

The E.W. Scripps Company has agreed to purchase WTVQ, the ABC affiliate in Lexington, Kentucky, from Morris Network for $15.8 million. The acquisition will create a duopoly with Scripps' existing NBC affiliate WLEX in the market. The transaction requires federal regulatory approval. During the approval process, Scripps will provide programming, marketing and related services for WTVQ through a local programming and marketing agreement. The purchase follows recent portfolio optimisation moves by Scripps, including the sale of stations in Fort Myers and Indianapolis, and a station swap with Gray Media. Scripps is also exercising its option to reacquire 23 ION-affiliated stations from INYO Broadcast Holdings for approximately $54 million, with closure expected later this year.

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