State News
May 10, 2017
WCAX sold to Atlanta-based media company for $29m
By Mark Johnson, VTDigger
The family that founded WCAX-TV announced Thursday, May 4, they are selling the station to an out-of-state media conglomerate for $29 million.
WCAX president Peter Martin said the industry is rapidly consolidating and that it was increasingly impracticable to operate as…
