With Monday’s early morning blockbuster announcement that Quincy Media, Inc., largely controlled by two families whose ownership stake in the Illinois-based company dates to 1926, will be purchased by Gray Television, the question of whether the deal meets FCC and Justice Department approval is perhaps of one the biggest topics surrounding the transaction to swiftly emerge in D.C. circles.
The quick answer: Yes. But, that depends on the spin-off of stations in six markets. One of those markets is Tucson — where Quincy in 2019 completed its October 2018 deal to purchase NBC affiliate KVOA-4 from Cordillera Communications.
What does the future hold for KVOA? That’s up to its future owner.