E.W. Scripps Co. plans to acquire eight television stations, including Grand Rapids-based WXMI, in the most recent arrangement to come from the mega-merger of a pair the nation’s largest media giants.
Approximately 6 million television viewers in more than 20 markets, including West Michigan, have lost access to local news, sports and entertainment programming because of a contract dispute between two mega media groups.
GRAND RAPIDS — The proposed mega-merger between Chicago-based Tribune Media Co. and Texas-based Nexstar Media Group Inc. could mean changes ahead for West Michigan TV stations.
The acquisition this month of Gemini Corp.’s assets by a Southeast Michigan publisher comes amid a broader consolidation trend in the media industry.
GRAND RAPIDS — The path to close a $3.9 billion transaction between two giants in the television broadcasting industry could run directly through West Michigan.
Here is the MiBiz Growth Report for Feb. 6, 2017.
• M&A: The Pioneer Group, a Big Rapids-based publisher of newspapers and an operator of a digital marketing services business, has sold after four generations of family ownership. Owners Jack and John Batdorff sold the company to Hearst Communications Inc., the New York-based publishing giant, according to a statement. The Pioneer Group publishes two daily newspapers in West Michigan, The Pioneer in Big Rapids and the Manistee News Advocate. The company also includes three weekly titles: Lake County Star, based in Baldwin; Herald-Review in Osceola County; and The Benzie County Record Patriot. The company also publishes four Shopper publications. Terms of the deal were not disclosed. Through the deal, the Hearst Newspapers division expands its holdings in Michigan, which include the Huron Daily Tribune and Midland Daily News.