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Posts Tagged ‘KALB’

Gray Television and Excalibur Broadcasting to Acquire 15 Stations For $335M

Gray Television and Excalibur Broadcasting have agreed to acquire 15 stations from Hoak Media and Parker Broadcasting for $335 million.

The 20 stations that Gray and Excalibur will acquire from Hoak and Parker are KSFY, KABY and KPRY in Sioux Falls, S.D.; KVLY and KXJB in Fargo, N.D.; KNOE and KAQY in Monroe, La.; KFYR, KMOT, KUMV and KQCD in Minot, N.D.; WMBB in Panama City, Fla.; KALB in Alexandria, La.; KREX, KREY, KFQX and KREG in Grand Junction, Co.; KNOP and KIIT in North Platte, Neb.; and KHAS in Lincoln, Neb.

Due to FCC ownership requirements, Gray will sell Hoak’s stations station in Panama City, Fla. and four stations in Grand Junction, Co., bringing the total number of stations acquired to 15.

Excalibur has also agreed to acquire two more stations from Prime Cities Broadcasting, KNDX and KXND in Minot, N.D., for $7.5 million.

Gray will provide back-office services and limited programming to the Excalibur stations in Lincoln, Fargo, Minot and Monroe through a shared services agreement.

“We are thrilled to have the opportunity to bring the Hoak, Parker and Prime Cities television stations into the Gray community,” Gray President and CEO Hilton Howell said in a statement. “These transactions will yield impressive synergies, many of which are unique to Gray given how well the stations’ locations, operations and culture complement our own.”

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Sportscaster Sharief Ishaq Joins WDSU

Sharief Ishaq has joined WDSU as a sports anchor and reporter. He will debut on the New Orleans NBC affiliate later this week.

“Sharief has spent his entire life in Louisiana, following the teams that inspire some of the most passionate fans in the world,” WDSU news director Jonathan Shelley said in a statement. “His knowledge of the New Orleans Saints, the New Orleans Pelicans, the LSU Tigers and other area teams shines through in his coverage.”

Ishaq comes from Baton Rouge, where he has been a sports reporter for WAFB for three years. He has also worked as a sports anchor and sports director at KALB in Alexandria, La.

More from WDSU after the jump. Read more