TEGNA Buys WBNS-A-F/Columbus, OH As Part Of Deal To Buy Dispatch Broadcast Group TV Stations

Buyer

TEGNA is acquiring RADIOHIO Sports WBNS-F (97.1 THE FAN) and Sports WBNS-A (1460 ESPN)/COLUMBUS, OH as part of a $535 million deal to buy DISPATCH BROADCAST GROUP's television stations, CBS affiliate WBNS-TV/COLUMBUS and NBC affiliate WTHR-TV/INDIANAPOLIS.  The deal represents the former GANNETT broadcasting division's second radio acquisition as part of a TV deal, following the purchase of News-Talk KFMB-A and Rock KFMB-F/SAN DIEGO attached to the transaction that brought TEGNA CBS affiliate KFMB-TV and CW affiilate KFMB-DT2/SAN DIEGO.

“We have long admired the talented and award-winning teams at WTHR and WBNS’ television and radio stations and are honored that the WOLFE family has entrusted us to build on each station’s commitment to high-quality journalism and serving the greater good in their community,” said TEGNA Pres./CEO DAVE LOUGEE. “These stations are an excellent strategic and financial fit with our portfolio of leading big four affiliates and brands in top markets. We continue to invest in growth and remain true to our track record of acquiring highly attractive assets that create immediate value for shareholders.”

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