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Posts Tagged ‘KGNS’

Gray Buys Laredo Station Monday, Announces Launch of Digital ABC Affiliate Today

gray_abcABC has announced an affiliation agreement with Gray Television for the station group’s newly purchased Laredo, TX, station KGNS.

The new digital ABC affiliate is targeted for launch in February 2014 and will air the full ABC schedule including “Good Morning America, “World News Tonight” and “Jimmy Kimmel Live.” Currently KGNS broadcasts NBC, the CW and Telemundo.

“Laredo’s number one local station, KGNS, is the logical choice to bring ABC’s news, entertainment and sports programming to the local community,” Kevin Latek, Gray’s SVP for Business Affairs said in a statement.  “And Gray is the logical choice to build the newest ABC affiliate as  Gray has launched four new CBS affiliates and one new NBC since September 2012.”

Monday, Gray announced the addition of KGNS as part of its purchase of Yellowstone Television.

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Gray Television Acquiring Yellowstone Television For $23 Million

Gray Television has agreed to acquire Yellowstone Television’s four stations for $23 million. The transaction gives Gray a total of 49 stations, reaching 7.7% of U.S. TV households.

The four stations are KGNS in Laredo, Texas; KGWN and KCHY in in Cheyenne, Wy.; and KCWY in Casper, Wy.

“This group of stations is distinguished by their demonstrated market success and commitment to their local communities. While selling the group was a difficult decision, Gray Television will provide these stations and their fine employees with tremendous opportunities to build upon their successes,” Yellowstone president Jason Wolff said in a statement.