Lockwood Broadcast Acquires WCWG Greensboro

By
( )
published

Lockwood Broadcast Group has agreed to acquire WCWG
Greensboro from TTBG LLC. Terms for the CW in DMA No. 46 were not revealed.

The transaction is subject to FCC approval.

"We feel WCWG is a perfect fit for Lockwood
Broadcasting," said Dave Hanna, Lockwood president.

"Growth is our mode -- we've now doubled in size since
2011 -- and we will continue to seek out and acquire television properties that
complement our business."

Lockwood owns stations in Knoxville,
Charleston-Huntington, Huntsville-Decatur and Sherman-Ada.

TTBG had acquired WCWG from New World TV Group in a $260 million group deal
2009.

Michael Malone
Michael Malone

Michael Malone is content director at B+C and Multichannel News. He joined B+C in 2005 and has covered network programming, including entertainment, news and sports on broadcast, cable and streaming; and local broadcast television, including writing the "Local News Close-Up" market profiles. He also hosted the podcasts "Busted Pilot" and "Series Business." His journalism has also appeared in The New York Times, The L.A. Times, The Boston Globe and New York magazine.