On a busy news day, there was a hot rumor catching fire among media brokers and analysts early Thursday: a major TV industry deal was about to transpire.
By mid-afternoon, the news was confirmed. Quincy Media Inc., owner of 24 broadcast TV stations, is “considering” a sale of all of its assets.
In a statement posted early afternoon Thursday (1/7) on its flagship NBC property, WGEM-10 in Quincy, Ill., QMI confirmed that its Board of Directors “had begun marketing the company for sale.”
