Gray TV Plans to Add MyNet to KNSB Lincoln

Shells out $1.25 million to make duopoly in Nebraska

By Michael Malone -- Broadcasting & Cable, 11/28/2012 4:19:33 PM

Gray Television has agreed to acquire KSNB Lincoln from Colins Broadcasting. Pappas operates KSNB, a former Fox affiliate that is now independent.

The price is $1.25 million and the deal requires regulatory approval. Gray owns CBS affiliate KOLN, the market leader in DMA No. 105.

Bob Prather, Gray Television president and COO, said KSNB will likely get a MyNetworkTV affiliation. KOLN currently has MyNet on its multicast tier.

Prather says Gray may remain in acquisition mode. "We're always looking," he says, "but we don't have anything teed up at the moment."

Thomas Mitts heads up Colins.