Rincon Broadcasting Group Acquires Seven TV Stations from Imagicomm Communications

Gray Media To Acquire Six American Spirit Television Stations for $50 Million

July 13, 2026

Media & Entertainment

Gray Media has agreed to acquire six television stations from American Spirit Media for $50 million, expanding Gray’s presence in multiple U.S. regional markets. The transaction is structured in two closings: Gray completed a first closing on July 1 (paying $40 million under a limited local management agreement), with the second closing expected in Q4 2026 subject to regulatory approvals and customary conditions.

Urban One (Radio One) to Acquire Service Broadcasting’s KKDA and KRNB; Sell KZMJ to Fuzion Dallas

May 1, 2026

Media & Entertainment

Urban One has entered into agreements to acquire Service Broadcasting Group, LLC, including Dallas radio stations KKDA and KRNB. In parallel, Urban One will sell station KZMJ to Fuzion Dallas, LLC, with both transactions subject to FCC regulatory approval and customary closing conditions.

Rincon Broadcasting Group Acquires Five Midwestern Television Stations

July 9, 2025

Media & Entertainment

Rincon Broadcasting Group completed the acquisition of five regional television stations: WVTV (Milwaukee, WI), WICD (Champaign, IL), WICS (Springfield, IL), KHQA (Quincy, IL), and KTVO (Kirksville, MO/Ottumwa, IA). The privately held media operator said the stations will continue providing operational and administrative services to GOCOM Media stations as Rincon builds a portfolio of mid-market broadcast assets.

Hemisphere Media Group Acquires WKAQ AM and KQ105 FM from TelevisaUnivision

September 6, 2023

Media & Entertainment

Hemisphere Media Group completed its acquisition of radio stations WKAQ AM and KQ105 FM from TelevisaUnivision and concurrently launched a new multiplatform company, WAPA Media. The deal expands Hemisphere's Puerto Rico footprint by integrating top-rated radio assets with its leading TV, digital and live-events businesses to offer advertisers a unified, cross-platform offering.

Cox Media Group Acquires KLSR and KEVU (Eugene, Oregon)

May 3, 2022

Media & Entertainment

Cox Media Group (CMG) has completed the acquisitions of KLSR (FOX) and KEVU (MyNetworkTV) from California Oregon Broadcasting Inc. The purchases expand CMG's local television footprint in Eugene, Oregon and add two stations to its portfolio of market-leading TV properties.

Coastal Television Acquires Wyoming Media Group

June 11, 2020

Media & Entertainment

Coastal Television Broadcasting Holdings LLC acquired television stations controlled by Wyoming Media Group (WMG) in the Cheyenne and Casper, Wyoming markets. Capital Southwest led the financing for the transaction (with Main Street Capital as a co-investor) by providing term loans and a revolving credit facility to support the acquisition and ongoing operations.