WSBT to be sold to Sinclair Broadcast Group after Schurz sells TV, radio stations to Gray Television

For the second time in a month, WSBT has a new owner.

Gray Television announced Thursday morning, Oct. 1, that it would sell WSBT to Sinclair Broadcast Group in exchange for the assets of WLUC in Marquette, Mich.

Sinclair Broadcast Group is the largest broadcasting group in the U.S. WSBT will become its first and only TV station in Indiana.

The deal comes after Gray Television agreed to buy two dozen TV and radio stations from Schurz Communications, including WSBT and WSBT Radio Group.

Because Gray Television owns WNDU in the South Bend market, it announced it would be selling WSBT in order to meet Federal Communications Commission regulations. 

The FCC still has to approve the deal between Schurz and Gray and the deal between Gray and Sinclair. If approved, the deals are expected to close by early 2016.

Schurz is retaining its newspapers, including the South Bend Tribune, and its four cable channels.

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