Cox Media Group is selling 12 of its TV stations in cities like Idaho Falls, Memphis, Spokane and Syracuse to Imagicomm Communications, a broadcast affiliate of INSP, a cable network focusing on movies, classic TV shows and Westerns.
The purchase will help INSP expand further into broadcast and allow Cox Media to modernize its portfolio.
Financial terms of the deal were not disclosed.
“This acquisition is part of our broad corporate strategy to expand our media ownership across multiple entertainment platforms,” said David Cerullo, chairman and CEO of INSP, in a statement.
Read more here.
Axios is dedicated to providing trustworthy, award-winning news content in an audience-first format. We’re hiring…
Wall Street Journal assistant editor Paul Beckett is leaving the publication after 34 years. He most recently…
Thomson Reuters CEO Steve Hasker was interviewed by the Toronto Star about his career and…
The Financial Times is one of the world’s leading news organisations, globally recognised for its…
The Detroit News seeks an enterprising reporter to join its award-winning business and autos team.…
What better way to ring in 2025 than with five finance stars appearing on Lou…