Raycom Media, Inc was an American television broadcasting company based in Montgomery, Alabama.
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21 Facts About Raycom Media
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In 1996, Raycom Media purchased 15 television and two radio stations and Bert Ellis's Raycom Media Sports from Ellis Communications for over $700 million.
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4.
Raycom Media bought Aflac's broadcast division of five TV stations in August 1996, using, in part, a loan from the RSA.
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That same year, Raycom Media purchased Malrite Communications, owner of five stations: two Puerto Rico stations, three Ohio stations, and one Florida station.
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In 2003, Raycom Media bought out all of the Fox-affiliated television stations from Waitt Broadcasting.
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7.
Raycom Media announced on April 25,2005, it was the launch station group for The Tube affiliating 29 stations.
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On November 12,2007, Raycom announced its intention to acquire some of the television broadcasting properties of Lincoln National Corporation's Lincoln Financial Media for $583 million.
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Raycom Media acquired the assets of live and studio sports programming production company Tupelo-Honey Productions in January 2012.
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In 2011, Raycom Media was an initial investor in Bounce TV, a broadcast subchannel network.
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Raycom Media was an initial investor in Katz Broadcasting, launched in 2014 and a Bounce affiliated subchannel network group.
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On November 20,2013, Raycom entered into a shared services agreement to operate Louisiana Media Company's WVUE-TV in New Orleans.
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Raycom Media acquired Indianapolis-based sports production company WebStream Sports on September 14,2015.
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16.
Raycom Media purchased PureCars, a digital ad platform focused on automotive sales, for $125 million in November 2015.
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On September 25,2017, Raycom Media announced that it would merge with Community Newspaper Holdings, which was principally owned by Retirement Systems of Alabama.
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On June 14,2018, Raycom Media announced the launch of InvestigateTV, an OTT app that showcased longer-form content from Raycom Media as well as content from ProPublica, News21 at Arizona State University's Cronkite School of Journalism, and NerdWallet.
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19.
Raycom Media employed more than 4,800 individuals in full- and part-time positions.
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20.
Raycom Media acquired the assets of live and studio sports programming production company Tupelo-Honey Productions in January 2012.
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21.
Raycom Media acquired Indianapolis, Indiana-based sports production company WebStream Sports on September 14,2015.
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