For Immediate Release: Oct. 29, 2018
Quincy, IL – Quincy Media, Inc. (QMI) announced today it has agreed to purchase KVOA- TV, the NBC affiliate serving Tucson, Arizona.
KVOA is owned by Cordillera Communications which recently announced the sale of all its television stations. This acquisition will extend QMI ownership to 15 television markets.
“We are very excited to acquire this great station,” said Ralph M. Oakley, President/CEO of Quincy Media, Inc. “KVOA is very involved in the community, and very much like Quincy Media, operates with a similar philosophy of community service and responsible journalism.”
KVOA is the market leading station in Tucson and will become QMI’s 10th NBC affiliate.
The acquisition is subject to the approval of the Federal Communications Commission with the transaction anticipated to be closed in January 2019.
Quincy Media is a sixth generation, family owned company currently doing broadcast news on 18 television stations around the country, owns two newspapers, two radio stations and an aggressive digital news division.