The Toledo Blade reports that the $22 million deal for WUPW between LIN Media, the station’s current owner, and American Spirit Media was approved on Monday. Attached to the deal is a shared services agreement with Raycom Media, which owns the market’s CBS-affiliate, WTOL.
As WUPW’s new owner pools its resources with WTOL, as many as 63 people could lose their jobs. A formal announcement about the shared services agreement is expected next week.
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