Mark your calendar for Mediaweek, October 29-30 in New York City. We’ll unpack the biggest shifts shaping the future of media—from tv to retail media to tech—and how marketers can prep to stay ahead. Register with early-bird rates before sale ends!
Post-Newsweek Stations officially announced Friday (July 18) the purchase of WTVJ, NBC Universal’s owned-and-operated NBC station in Miami, confirming a story that broke earlier this week in the Miami Herald. The acquisition, if approved, would give Post-Newsweek, which owns WPLG, the ABC affiliate there, a duopoly in the 16th largest TV market.
Terms were not disclosed, but earlier reports estimated the station sale between $350 to $400 million, money NBCU could use to offset its recent purchase of The Weather Channel.
“We
WORK SMARTER - LEARN, GROW AND BE INSPIRED.
Subscribe today!
To Read the Full Story Become an Adweek+ Subscriber
Already a member? Sign in