Locator map of the Scranton-Wilkes-Barre Metropolitan Statistical Area in the northeastern part of the of . (Photo credit: Wikipedia)
Tribune Co.‘s $2.73 billion acquisition of 19 television station’s from Local TV Holdings includes a major player in Pennsylvania, Scranton/Wilkes-Barre ABC affiliate WNEP.
The station, a prominent source for local news in the coal region, is among those Tribune is acquiring in a deal announced Monday that would make the Chicago company the largest TV station owner in the United States.
The deal also significantly increases Tribune’s stake in Pennsylvania. Tribune, which publishes The Morning Call, already owns WPHL in Philadelphia and WPMT in York. WNEP will expand the reach of the company’s television assets into 21 northeastern Pennsylvania counties, the state’s fourth-largest television market.
That area has a total of 581,020 homes with television viewers, making it the No. 54 market in the country, according to the Nielsen Co.
Read more: http://www.mcall.com/news/breaking/mc-tribune-buys-tv-stations-20130701,0,5253381.story#ixzz2XuuiHSK7
Follow us: @mcall on Twitter | mcall.lv on Facebook
Roy's Rants - For Your Information 