Standard Media

Standard Media Group is an American broadcast and digital media company based in Nashville, Tennessee. Standard Media was founded by Deborah A. McDermott, who serves as the Company's CEO. Previously, McDermott was the Chief operating officer of Media General and CEO-president of Young Broadcasting. Between 2012 and 2017, McDermott and her team led the acquisition of more than 90 television stations and helped grow Young/Media General from a $220 million regional TV group to a nearly $5 billion media company.[1] In 2017, Media General was acquired by Nexstar Broadcasting Group for $4.6 billion.[2]

Standard Media Group LLC
TypePrivate
Industry
Founded2018
HeadquartersNashville, Tennessee
Area served
 United States (Midwest, Northeast, and Southeast)
Key people
Products
Websitewww.standardmedia.com

On May 16, 2019, Standard Media announced plans to purchase two ABC-affiliated television stations from Citadel Communications for $83 million.[3] The stations, WLNE-TV in Providence, Rhode Island and KLKN in Lincoln, Nebraska, have been operated by Citadel since 2011 and 1996 respectively.[4] [5] The company announced the acquisition of Waypoint Media and its affiliated companies in November 2019.[6] The deal collapsed in January 2021.[7]

Stations
City of license/Market Station Channel
TV (RF)		 Acquired Network affiliation
New Bedford, Massachusetts -
Providence, Rhode Island		 WLNE-TV 6 (21) 2019 ABC
Lincoln, Nebraska KLKN 8 (8) 2019 ABC

References
  1. Staff Writer. "Nashville company to acquire two TV stations". NashvillePost.com. Nashville Post. Retrieved 16 May 2019.
  2. Lieberman, David. "Nexstar Completes $4.6B Acquisition Of Media General". Dateline.com. Dateline Hollywood. Retrieved 17 Jan 2017.
  3. Jessell, Harry. "McDermott In The Station Game With WLNE, KLKN". TVNewscheck.com. NewsCheck Media. Retrieved 16 May 2019.
  4. "Citadel Communications Named New Owner of ABC6 News". abc6.com. WLNE-TV. Retrieved 22 March 2011.
  5. "Memorandum Opinion and Order". FCC.gov. FCC. Retrieved 16 May 2019.
  6. Lafayette, Jon (November 25, 2019). "Standard Media Group Buys Waypoint, Vision Stations". Broadcasting & Cable. Retrieved November 26, 2019.
  7. Notice of Non-Consummation, January 4, 2021
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.