New Owner for Channels 4, 23
Buffalo, NY (WBEN) For the second time this year, a television station in Buffalo is changing hands.
Buffalo Business First reports Lin Media has reached to deal to have Richmond-based Media General take over WIVB and WNLO as part of a deal worth $1.6 billion.
Both companies' shareholders and the FCC must approve the deal, which includes 42 other TV stations.
Earlier this year, Granite sold WKBW-TV to Scripps, that deal must also receive FCC approval.