owned properties. On June 14, 2018, Raycom announced the launch of InvestigateTV, an OTT app that showcased longer-form content from Raycom as well as content from ProPublica, News21 at Arizona State University’s Cronkite School of Journalism, and NerdWallet. On June 25, 2018, Gray Television announced its intent to acquire Raycom for $3.65 billion, pending regulatory approval. The combined company would be led by Raycom's current president and CEO Pat LaPlatney, with current Gray CEO Hilton Howell acting as executive chairman and co-CEO. The acquisition, which Gray expected to close in late 2018, would give Gray 142 stations in 92 markets, making Gray the third-largest owner of television stations in the United States, with a total market share of 24%. CNHI, which was sold separately, was not included in the sale to Gray. The sale was approved by the FCC on December 20. The deal was completed on January 2, 2019. Operations Prior to its merger with Gray, Raycom owned and/or operated 65 television stations and two radio stations in 44 markets located in 20 states, covering over 16% of U.S. television households. Raycom also employed more than 4,800 individuals in full- and part-time positions. Television Stations are arranged alphabetically by state and by city of license. (**) indicates a station that was built and signed-on by Raycom Media. Radio Other assets In addition to television stations, Raycom also owned: Bounce TV (investment) Broadview Media Community Newspaper Holdings, Inc. Frankly (20%) WorldNow Katz Broadcasting (investment) Pure Cars Raycom Sports RTM Productions PowerNation (automotive hobby programming for the Paramount Network, CBS Sports Network and NBCSN) Tupelo Raycom Tupelo Raycom is Raycom Media's production company formed from the merger of Tupelo Honey Productions and WebStream Sports. Clients of the company include NBC, CBS, ESPN, Turner Sports, Fox, Travel Channel, Bounce TV and Live Nation. Raycom acquired the assets of live and studio sports programming production company Tupelo-Honey Productions in January 2012. Tupelo Honey assets included a 50% share of MY Tupelo Entertainment, a joint venture form in 2009 as partnership between Cary Glotzer's Tupelo-Honey and Michael Yudin's MY-Entertainment Company. Yudin bought back Raycom's half of My Tupelo in March 2014. Raycom acquired Indianapolis, Indiana-based sports production company WebStream Sports on September 14, 2015. WebStream was subsequently merged with existing Raycom entity Tupelo Honey to form Tupelo Raycom in January 2016. Notes License ownership/operational agreements Satellites and semi-satellites Mergers and acquisitions References External links