A Memo to Lockwood Employees

The small television group Lockwood has grown a bit, thanks to the Gray/Raycom deal.

Lockwood was able to pick up a few stations that Gray had to spin off.

Lockwood boss Dave Hanna sent this internal memo out to the staff, it was obtained by FTVLive:

To all current and new Lockwood employees.

Today we completed the acquisition of the Gray/Raycom divestiture properties. We are very excited to welcome these stations and their employees to our group.

The addition of FOX affiliates WTNZ Knoxville, WFXG Augusta, WPGX Panama City and WDFX in Dothan now combined with our four current stations will position us for continued growth and stability. These new stations enable us to develop a new relationship with FOX thus creating exciting opportunities for our company. We recently hosted the FOX network executives in Richmond and we are confident we will have a long and successful run with them.

Lockwood Broadcasting will continue to watch for acquisition targets to add to our group.

In addition to this news we are pleased to announce that we have negotiated and signed new five year deals for our ABC affiliates KAKE in Wichita and KTEN2 in Sherman. ABC’s commitment to Lockwood will enable us to continue to invest in and grow these stations.

Just this weekend we have signed a new multiyear deal with DISH. Our stations have returned to their system ending our dispute with them.

This is a wonderful time to be part of Lockwood Broadcasting as we are focused on growth. I am confident of our ability to recognize opportunities ahead and we have a commitment from our owners to grow as we see fit.

I would also like to take a moment to acknowledge our employees who have worked tirelessly to make this happen over the last several months. Without you this certainly would not have been possible.

Thanks for your efforts and congratulations.

Dave Hanna
President

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