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. […]