BREAKING: Bangor-Maine’s oldest television station has a new owner.
It has been confirmed WABI-TV in Bangor has been sold to the Gray Broadcasting Company. It’s purchasing it from the station’s parent company, Diversified Communications, for $85 million dollars. As part of the deal, Gray Broadcasting will own both WABI and its sister station WCJB in Gainesville, Florida. WABI was Maine’s first television station. It has been owned by the Hildreth family since going on the air in 1953. It’s unclear what changes people can expect under the new ownership. The deal is expected to be finalized in the coming weeks.