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WTVQ-DT is the ABC-affiliated television station serving Lexington, Kentucky, owned by Morris Multimedia. It delivers local, national, and international news along with syndicated programming, and operates digital subchannels including MyNetworkTV (MyKY), Me-TV Toons, and the True Crime Network. The station broadcasts on 36.1 and adds subchannels to reach viewers over the air and through digital platforms. Its goal is to provide timely news and entertainment content while generating advertising revenue from a mix of network programming, local news, and diverse subchannel options.
Industries
Entertainment
Company Size
51-200
Company Stage
Acquired
Total Funding
$15.8M
Headquarters
null
Founded
N/A
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Total Funding
$15.8M
Above
Industry Average
Funded Over
1 Rounds
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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Industries
Entertainment
Company Size
51-200
Company Stage
Acquired
Total Funding
$15.8M
Headquarters
null
Founded
N/A
Find jobs on Simplify and start your career today