Quincy Newspapers, Inc., parent company of 13 WREX, has acquired several television stations owned by Granite Broadcasting and Malara Broadcasting.
The acquisitions mean QNI will own and operate television stations in 14 markets.
The stations acquired from Granite are WEEK-TV (NBC) serving Peoria and Bloomington in Illinois; KBJR-TV (NBC/MyNetwork) serving Duluth, Minnesota, and Superior, Wisconsin; and WBNG-TV (CBS) in Binghamton, New York. QNI is acquiring WPTA-TV (ABC/CW) in Fort Wayne, Indiana from Malara.
The company also has sharing agreements providing certain services to other stations in Peoria, Duluth and Fort Wayne.
“We are thrilled to have acquired these stations”, QNI President and CEO Ralph M. Oakley said. “These are very strong television stations with a proud tradition of providing local news and community service in mid- and small-size markets. There are great similarities to the stations we already own and operate.”
The acquisitions will enable QNI to strengthen its geographical concentration and presence, most notably in Illinois.
“With the addition of Peoria, we will now have three stations serving Illinois, with WEEK joining our Quincy and Rockford stations,” Oakley said.
Duluth is the second station in Minnesota for the company and Fort Wayne is its second outlet in Indiana. QNI also owns and operates two television stations in Iowa, five in Wisconsin and one in West Virginia, and a second daily newspaper in New Jersey. It will now have a station in New York.
The acquisitions will increase employment at the company’s corporate office and operations center, both in Quincy’s central business district.