Gray buys NBC29 for $12 million, sells CBS19 for $25 million

The local broadcast landscape underwent a major shift Monday when Gray Television announced it was buying legacy station NBC29 for $12 million—and unloading the stations it started here as the Newsplex 15 years ago. Gray, the third largest broadcast group in the country, has had its eye on NBC29 “forever,” says Gray VP Kevin Latek. […]

In brief: Killer drug epidemic, movie money and more

Killer drug epidemic More than 1,100 Virginians died in 2016 from the state’s opioid epidemic, with fentanyl, the drug that killed Prince, now racking up the most fatalities. And while the state hasn’t had much luck so far in slowing addiction, which often occurs after people are prescribed opioid-based meds for pain, it is a […]

Daily Progress and Newsplex lay off staff

The same week the Daily Progress won a whopping 42 awards at the April 8 Virginia Press Association banquet, including 13 first-place plaques, the paper, which is owned by a subsidiary of Warren Buffett’s Berkshire Hathaway, laid off three employees. The Progress, like many other former Media General-owned newspapers, thought it had been thrown a […]