Our Perspective on Gray Television and Raycom Media combining
AMARILLO, TX (KFDA) - Our corporate ownership announced Monday that Gray Television and Raycom Media are combining in a $3.6 billion transaction.
This marks a transition date in time where Gray and Raycom's merger creates a leading media company with nationwide scale and a single largest ownership of top rated local television stations and digital assets in the country.
In today's world of expansion and competition, our industry is constantly working on ways to stay ahead and deliver services at the highest level to you, our viewers.
Here is a map of the properties that will combine at the end of the year to form the expanded company. As you can see, this is a great match geographically and culturally as our companies share very similar approaches to serving their employees and local communities.
Here is some Perspective on this for you and how it affects your most-watched station here in Amarillo.
NewsChannel 10 Media is happy to welcome the new resources and continued commitment to local news and the development of new technology to deliver new and entertainment to you at home, work and on the go.
There are a lot of moving parts that you will never see, but what you will see is a true, continued focus on local news, weather and sports from NewsChannel 10.
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