Dispatch Broadcast Group

Last updated

Dispatch Broadcast Group
Company type Public
Industry Broadcast television and radio production
Founded1929
DefunctAugust 8, 2019 (2019-08-08)
FateAcquired by Tegna
Headquarters,
Area served
Central Indiana
Central Ohio
Parent Dispatch Printing Company

The Dispatch Broadcast Group was a media company based in Columbus, Ohio. The group was a division of the Dispatch Printing Company, former owner of the Columbus Dispatch , and was owned by the Wolfe family since 1929 until its sale to Tegna Inc. in mid-2019.[ citation needed ]

The Dispatch Broadcast Group included the Columbus CBS-affiliate WBNS television, radio stations WBNS (AM) and WBNS-FM in Columbus, the statewide Ohio News Network, and NBC-affiliate WTHR television in Indianapolis (formerly WLW-I) which was purchased in 1975.

On April 24, 2013, former WBNS-TV news director John Cardenas was named president and general manager of the station and vice president of broadcast news for the Dispatch Broadcast Group. On December 7, 2018, Dispatch Broadcast Group president and WTHR general manager Larry Delia commented to the Indianapolis Business Journal that the company may consider buying divested Nexstar Media Group stations as Nexstar readies to buy Tribune Media. [1]

On June 11, 2019, it was reported the Dispatch Broadcast Group had sold its television and radio assets to Tegna Inc. for the sale price of $535 million. [2] The sale was completed on August 8. [3]

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References

  1. Andrews, Greg (December 6, 2018). "In an era of TV merger mania, WTHR still standing pat". Indianapolis Business Journal . Retrieved September 2, 2019.
  2. Weiker, Jim (June 11, 2019). "Wolfe family sells broadcast group, including WBNS-TV, for $535 million". The Columbus Dispatch . GateHouse Media . Retrieved June 11, 2019.[ permanent dead link ]
  3. "TEGNA Completes Acquisition of Dispatch Broadcast Group’s Leading, Top Ranked Stations in Indianapolis, IN and Columbus, OH", Tegna Inc., August 8, 2019, Retrieved August 8, 2019.