After Belo Sale to Gannett, Who Owns What in Seattle TV News?
“After the close of the combination,” reads a Gannett memo about the $2.2-billion purchase of Belo, owner of KING 5 in Seattle and NW Cable News, “Gannett will strengthen our position as the number one local media company in America.” Virginia-based Gannett says it will be the fourth-largest owner of major network affiliates (leading in NBC and CBS affiliates, fourth in ABC), reaching one-third of U.S. households. Continue reading After Belo Sale to Gannett, Who Owns What in Seattle TV News?