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This article needs additional citations for verification. Please help improve this article by adding reliable references (ideally, using inline citations). Unsourced material may be challenged and removed. (December 2008) Raycom Media Type Private Founded 1992 Headquarters Montgomery, Alabama Area served United States (Nationwide) (President & CEO) Wayne Daugherty (Executive VP & COO) Industry Broadcast Television Television Production Products Raycom Sports, Broadview Media, etc. Employees 4,200 Website www.raycommedia.com www.raycomsports.com Raycom Media is a broadcasting company based in Montgomery, Alabama. Contents [hide] 1 History 2 Operations 3 Raycom Sports 3.1 Stations currently owned by Raycom Media 3.2 Stations formerly owned by Raycom Media 3.3 Footnotes 4 References 5 External links // History Although Raycom Media dates its birth to 1996, the core of the company was formed in 1992 when Atlanta native Bert Ellis formed Ellis Communications. He eventually controlled 13 television stations and two radio stations. In 1994, Ellis bought Raycom Sports, a 15-year old sports marketing firm. Two years later, Ellis was sold to a media group funded by Retirement Systems of Alabama, who had bought Aflac's broadcast division a few months earlier. The two groups merged to form Raycom Media. In 1998, Raycom merged with Malrite Communications, owner of five stations in the South and Midwest. In August 2005 it acquired The Liberty Corporation [1]and in the process sold a dozen of its stations to Barrington Broadcasting.[2] The On November 12, 2007, Raycom announced its intention to acquire the television broadcasting properties of Lincoln National Corporation's Lincoln Financial Media -- three television stations (see table below), plus Lincoln Financial Sports -- for $583 million. [3] As of January 1, 2008, Lincoln Financial Sports was officially merged into Raycom Sports. Operations Raycom currently owns and/or operates nearly 40 television stations, Raycom Sports in Charlotte, North Carolina, Sacramento, California and Mobile, Alabama, Broadview Media, Raycom Post Production in Los Angeles, California and CableVantage in Columbia, SC. Raycom Sports Raycom Sports is an American syndicator of sports television programs. It is headquartered in Charlotte, North Carolina. It was founded in 1979 by a husband and wife, Rick and Dee Ray. Since its inception, it has produced and distributed football and basketball games from the Atlantic Coast Conference. (It was also once a distributor of games from the Big Ten Conference, as well as the now defunct Southwest Conference.) Rick Ray was a program manager at WCCB in Charlotte when he proposed that WCCB produce more basketball games. Ray thought that they would be very profitable for WCCB, given North Carolina's reputation as a college basketball hotbed. However, station management turned him down. | ||||
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