Journal TV/Radio to merge in Scripps

Posted by Robert Lewin on July 30, 2014 at 20:33:56:

Journal to merge with Scripps.

Journal Communications has announced it will merge with The E.W. Scripps Company in a deal that will bring together a radio and TV portfolio covering 27 markets. The companies plan to spin-off the newspaper division. The merged broadcast and digital media company, based in Cincinnati, will retain The E.W. Scripps Company name. The newspaper company will be called Journal Media Group. The companies say the merger will create about $35 million in cost savings. (Radio Only)

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