Journal Broadcast Group, Inc., a subsidiary of Journal Communications Inc., announced it has closed on the purchase of WACY-TV in Green Bay for $2.038 million from ACE TV Inc.
WACY is a MyNetwork station in the Green Bay/Appleton market. Journal Broadcast Group has had a local marketing agreement for the station since late 2004. Journal Broadcast Group also owns WGBA-TV, the NBC affiliate in Green Bay.
“Completion of the WACY transaction solidifies our duopoly in the Green Bay market,” said Steven Smith, chairman and chief executive officer of Milwaukee-based Journal Communications.