ALASKA TV STATION DEAL REACHED MEDIANEWS SUBSIDIARY TO PURCHASE FOX AFFILIATE.Byline: Daily News The Daily News' parent, MediaNews Group Not to be confused with Media General, an unrelated newspaper and TV group. MediaNews Group, based in Denver, Colorado, is one of the largest newspaper companies in the United States. of Denver, announced this week that its subsidiary, Alaska Broadcasting Company Inc., has reached an agreement with Gocom to purchase its Anchorage FOX television affiliate, KTBY. Pending completion of the transaction, Alaska Broadcasting, which owns KTVA, a CBS (Cell Broadcast Service) See cell broadcast. affiliate in Anchorage, will assume responsibility for purchasing and reselling advertising on KTBY under a revised joint sales agreement. Gocom's KTBY previously purchased and resold KTVA's advertising under the agreement. ``We are pleased to reach this agreement, which will allow MNG MNG Multiple-image Network Graphics (PNG-like image format supporting multiple images, animation and transparency) MNG Mongolia (ISO Country code) MNG Multinodular Goiter MNG Meet 'n Greet to assume a greater role in our alliance with KTBY and, subject to FCC (1) (Federal Communications Commission, Washington, DC, www.fcc.gov) The U.S. government agency that regulates interstate and international communications including wire, cable, radio, TV and satellite. The FCC was created under the U.S. approval, ultimately acquire KTBY,'' said Joseph J. Lodovic IV, president of MediaNews Group. Terms of the transaction were not announced. Completion of the transaction is subject to FCC approval. Augie Hiebert, a pioneer in Alaska television and radio and a 5 percent owner of Alaska Broadcasting, said, ``The proposed merger of KTVA and KTBY is very healthy news for the Anchorage television industry. MediaNews Group is well known and respected in the publishing industry for objective management, and this common ownership of two TV stations in Anchorage, once approved, will be a credit to the Alaskan television market.'' MediaNews Group is the nation's seventh-largest newspaper company. It publishes 50 daily newspapers, including the Fairbanks Daily News-Miner The Fairbanks Daily News-Miner is a newspaper that serves the city of Fairbanks, Alaska and Fairbanks North Star Borough. Residents occasionally refer to it jokingly as the Daily News-Minus. History The first publisher was William Fentress Thompson, known as W.F. and The Kodiak Daily Mirror The Kodiak Daily Mirror is the (mostly) daily newspaper of Kodiak, Alaska, established June 15, 1940. It was purchased by MediaNews Group and is issued five days a week. External link
In Southern California, MediaNews owns seven daily newspapers in addition to the Daily News, several other publications, and it operates a number of Web sites. |
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