Samantha 2895 Posted August 10, 2015 Share Posted August 10, 2015 Raycom Media announced today that it is buying Drewry Communications for $160 million. The deal has been mentioned a couple of times on here. The acquisition will include KXXV, KFDA + KEYU, KWES and KSWO. Additionally, American Spirit Media will ultimately buy KAUZ from Hoak Media, marking that company's end; a new SSA will replace the existing JSA between KAUZ and KSWO. The sale will also mark the end of nearly 75 years in broadcasting for Drewry, which began operating KSWO AM in Lawton, Oklahoma, in 1941 and built the TV station there in 1953. Link to comment https://localnewstalk.net/topic/14558-raycom-acquires-drewry-for-160-million/ Share on other sites More sharing options...
TheRolyPoly 2422 Posted August 10, 2015 Share Posted August 10, 2015 Does this mean that KRHD-CD 40 (ABC) in Bryan-College Station is also part of the deal with Raycom? I have a feeling that Raycom will treat KXXV 25 / KRHD-CD 40 just like KLTV 7 / KTRE 9. Link to comment https://localnewstalk.net/topic/14558-raycom-acquires-drewry-for-160-million/#findComment-132182 Share on other sites More sharing options...
tyrannical bastard 3953 Posted August 10, 2015 Share Posted August 10, 2015 Finally! An actual purchase by Raycom!!! From what I've heard, they wanted some of the stations that came up for sale in the past several years, but they were simply outbid by other parties.... Link to comment https://localnewstalk.net/topic/14558-raycom-acquires-drewry-for-160-million/#findComment-132184 Share on other sites More sharing options...
lugnuts6 91 Posted August 10, 2015 Share Posted August 10, 2015 As far as The KSWO/KAUZ deal is concerned, why do I get this feeling the viewers will have "Wichita Falls News Now" as the new name of the combined newscasts...but I applaud Raycom on this!! Link to comment https://localnewstalk.net/topic/14558-raycom-acquires-drewry-for-160-million/#findComment-132188 Share on other sites More sharing options...
Samantha 2895 Posted August 10, 2015 Author Share Posted August 10, 2015 As far as The KSWO/KAUZ deal is concerned, why do I get this feeling the viewers will have "Wichita Falls News Now" as the new name of the combined newscasts...but I applaud Raycom on this!! KSWO and KAUZ continue to maintain separate studios. KSWO rules the Oklahoma side of the market (Drewry was based in Lawton the whole time) and KAUZ competes with KFDX for viewers in Texas. Link to comment https://localnewstalk.net/topic/14558-raycom-acquires-drewry-for-160-million/#findComment-132190 Share on other sites More sharing options...
NEOMatrix 1299 Posted August 10, 2015 Share Posted August 10, 2015 Pretty good purchase on Raycom's front. The only thing that might hold the deal up is KAUZ still being in an SSA with KSWO. If anyone knows, is KAUZ in an SSA only or in a JSA/SSA situation? Link to comment https://localnewstalk.net/topic/14558-raycom-acquires-drewry-for-160-million/#findComment-132191 Share on other sites More sharing options...
Samantha 2895 Posted August 10, 2015 Author Share Posted August 10, 2015 Pretty good purchase on Raycom's front. The only thing that might hold the deal up is KAUZ still being in an SSA with KSWO. If anyone knows, is KAUZ in an SSA only or in a JSA/SSA situation? A JSA/SSA is being replaced with an SSA. Link to comment https://localnewstalk.net/topic/14558-raycom-acquires-drewry-for-160-million/#findComment-132192 Share on other sites More sharing options...
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