Shield Media to Buy WXXA in Albany for $19.5M

By Merrill Knox 

The Lost Remote newsletter brings you the the best in streaming news, from staffing changes to premiere dates to trailers—to the latest platform moves. Sign up today.

Shield Media LLC has agreed to pay $19.5 million for WXXA, Newport Television’s Fox-affiliate in Albany.

Shield announced it intends to enter into a shared services agreement with Young Broadcasting, the owner of ABC-affiliate WTEN, in Albany.

Shield Media is owned by Sheldon Galloway, a longtime broadcasting veteran. This is the first broadcast acquisition by the company, but it is “actively pursuing other opportunities,” according to a statement.

“I look forward to working with the talented people in Albany to develop an operational strategy that continues the outstanding tradition of community service and broadcast excellence at WXXA-TV,” Galloway said.

Advertisement
Advertisement