News acquisition | KERA News

News acquisition

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Belo, the Dallas-based chain of TV stations, was sold today to Gannett in a deal worth 2.2 billion dollars. Twenty stations will change hands, including Belo’s flagship, WFAA-Channel 8. Until now, IT’S been the only locally owned major-network affiliate in North Texas. This deal does NOT include The Dallas Morning News – the newspaper is owned by a spinoff company, A.H. Belo. This deal could reshape the broadcast landscape in North Texas.