Английская Википедия:Granite Broadcasting

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Шаблон:Short description Шаблон:Use mdy dates Шаблон:Primary sources Шаблон:Infobox company Granite Broadcasting LLC is a broadcasting holding company in New York City which owns one television station in the United States, in Syracuse, New York. Granite was founded by W. Don Cornwell and Stuart Beck in 1988, and was the first African-American station group in the United States considered to be a "major" station operator (though not the first minority-owned chain, a distinction held by the now-defunct Aleut-owned Cook Inlet Broadcasting).Шаблон:Citation needed

Granite's chairman/CEO is Peter Markham, with Duane Lammers as COO.

History

W. Don Cornwell left Goldman Sachs' investment banking department in 1988. He co-founded Granite Broadcasting Corporation with Stuart Beck on February 8, 1988. In 1993, it purchased two stations from Meredith Corporation, which included WTVH in Syracuse and KSEE in Fresno for $38 million.

In 1997, Granite purchased TV station KOFY-TV for $143.8 million, becoming the largest purchase ever. Cornwell served as CEO and chairman of Granite until stepping down in 2009. During his time with the company, Granite expanded to 23-channels and 11 markets. In April 2006, Granite bought out WBNG-TV in Binghamton from SJL Broadcasting, which was in the process of liquidating its broadcasting holdings, which paid $45 million to cost.

Granite declared Chapter 11 (reorganization) bankruptcy on December 11, 2006, mainly due to the complications of the 2006 United States broadcast TV realignment which nullified the sales of the group's Detroit and San Francisco The WB affiliates due to those stations being left out of The CW because of CBS Corporation-owned stations in both cities taking the affiliation by default. It emerged from bankruptcy in June 2007 under the control of private equity firm Silver Point Capital (which also took over ComCorp later that year).

In 2011, it filed a lawsuit against Nexstar Broadcasting Group for having the Fox affiliation to appear on WPTA's digital subchannel after dropping it from WFFT. The suit was settled in 2013, and WFFT reclaimed the Fox affiliation.

In February 2014, Granite reached deals to sell the majority of its stations. WKBW-TV in Buffalo, New York and WMYD in Detroit were sold to the E. W. Scripps Company for $110 million (the latter forming a duopoly with Scripps-owned ABC affiliate WXYZ-TV). Most of its remaining stations (mostly in small markets), along with the Malara Broadcast Group's two stations, went to Quincy Newspapers and SagamoreHill Broadcasting (which originally planned to operate the LMA-controlled stations Granite currently provides services to for Quincy). SagamoreHill was subsequently dropped from the Quincy transaction.

In July 2015, the deal was reworked yet again to have SagamoreHill acquire WISE, the SSA between WISE and WPTA (owned by Quincy) wound down within nine months of its closure, and have all of WISE's network affiliations moved to WPTA in exchange for its The CW Plus affiliation. On September 15, 2015, the FCC approved the deal, which was completed on November 2.

Station list

Current

City of license / Market	Station	Channel	Owned since	Current affiliation
Syracuse, NY	WTVH	5	1993Шаблон:Efn-lr	CBS

Former

City of license / Market	Station	Channel	Years owned	Current status
Austin, TX	KBVO-TV / KEYE-TV	42	1994–1999	CBS affiliate owned by Sinclair Broadcast Group
Binghamton, NY	WBNG-TV	12	2006–2015	CBS affiliate owned by Gray Television
Buffalo, NY	WKBW-TV	7	1995–2014	ABC affiliate owned by the E. W. Scripps Company
Chisholm, MN	KRIIШаблон:Efn-ua	11	2002–2015	NBC affiliate owned by Gray Television
Detroit, MI	WXON / WDWB / WMYD	20	1997–2014	The CW affiliate owned by the E. W. Scripps Company
Duluth, MN–Superior, WI	KBJR-TV	6	1988–2015	NBC affiliate owned by Gray Television
Duluth, MN–Superior, WI	KDLH	3	Шаблон:Efn-lr	The CW affiliate owned by Gray Television
Fort Wayne, IN	WPTA	21	1989–2004Шаблон:Efn-lr	ABC affiliate owned by Gray Television
Fort Wayne, IN	WISE-TV	33	2004–2015	The CW affiliate owned by Gray Television
Fresno, CA	KSEE	24	1993–2013	NBC affiliate owned by Nexstar Media Group
Kalamazoo, MI	WWMT	3	1995–1998	CBS affiliate owned by Sinclair Broadcast Group
Lansing, MI	WLAJ	53	1996–1998	ABC affiliate owned by Mission BroadcastingШаблон:Efn-lr
Peoria, IL	WEEK-TV	25	1988–2015	NBC affiliate owned by Gray Television
Peoria, IL	WHOI	19	Шаблон:Efn-lr	TBD affiliate owned by Sinclair Broadcast Group
Peoria, IL	WAOE	59	Шаблон:Efn-lr	Infomercial network owned by Venture Technologies Group
San Francisco–San Jose, CA	KNTV	11	1990–2002	NBC owned-and-operated (O&O)
San Francisco–San Jose, CA	KBWB / KOFY-TV	20	1998–2018	Grit affiliate owned by CNZ Communications, LLC

External links

• Company site (archived 19 January 1997)
• Company Profile at Forbes (archived 12 March 2007)
• List of company contacts and locations
• Don Cornwell interview April 17, 2000