Binghamton’s WBNG Being Acquired By Illinois Company
An Illinois-based media company has announced plans to buy WBNG-TV, which provides programing from CBS and The CW in the Binghamton market.
Quincy Newspapers, Inc. is acquiring WBNG and two other stations from Granite Broadcasting Corporation. Quincy also is buying a station from Malara Broadcasting.
Terms of the deals were not made public.
With the planned acquisitions, Quincy says it will own or operate 23 stations in 14 markets. The company also owns two radio stations and two newspapers.
In a statement, Quincy president and CEO Ralph Oakley said the company is "very involved in the communities and regions we serve."
Oakley was not available Tuesday afternoon to discuss Quincy's plans for the Binghamton market. The purchase is subject to federal regulatory approval. It's expected to close later this year.
WBNG general manager Greg Catlin declined comment on the announcement.
WBNG's studios and offices are on Columbia Drive in Johnson City.
The Quincy announcements came the day after Granite announced it was selling stations in Buffalo and Detroit to The E.W. Scripps Company.