TVNewser Show TVNewser LostRemote AgencySpy PRNewser FishbowlNY FishbowlDC SocialTimes AllFacebook GalleyCat MediaJobsDaily UnBeige

McGraw-Hill to sell TV stations

The McGraw-Hill Companies is getting out of the broadcasting business.

Denver’s KMGH (whose call letters signify McGraw-Hill), KGTV in San Diego, KERO in Bakersfield and WRTV in Indianapolis are up for sale.

McGraw-Hill says the stations “should be attractive to strategic and financial buyers with a focus on media.”

The Broadcasting Group had revenues of almost $100 million in 2010, up +18% over the prior year. McGraw-Hill also owns Azteca America affiliates in Denver, Fort Collins, Colorado Springs, San Diego and Bakersfield.

McGraw-Hill’s core companies include Standard & Poor’s, McGraw-Hill Education, Platts energy information services and J.D. Power and Associates.

In 2009, McGraw-Hill sold publication BusinessWeek to Bloomberg LP.

Mediabistro Event

TVNewser Show Coming to NYC on April 29!

TVNewser ShowThe TVNewser Show Seminar & Media Job Fair will explore the way TV business and technologies are changing through informative panels and discussions with industry experts. Attendees will also have the opportunity to network with other like-minded professionals at the event's exclusive media job fair. Register before midnight on April 28 to save on on-site pricing!