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No doubt some in Washington will think the Dept. of Justice let Gannett off easy. In order to close its purchase of Belo, the DOJ Monday required Gannett to divest KMOV-TV, Belo's CBS affiliate, in St. Louis, next year.
KMOV-TV, Belo's CBS affiliate and KSDK, Gannett's NBC affiliate are the top two stations in the market. The combined company planned to spin-off KMOV, along with five other TV stations to Sander Media, run by former Belo CEO Jack Sander, who would then operate the stations as part of a shared service agreement with Gannett.
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