WWTVQ-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.
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Industries
Company Size
51-200
Company Stage
Acquired
Total Funding
$15.8M
Headquarters
United States
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
Company Size
51-200
Company Stage
Acquired
Total Funding
$15.8M
Headquarters
United States
Founded
N/A
Find jobs on Simplify and start your career today
Don't see your dream role? Check out thousands of other roles on Simplify.Browse all jobs