Where business news starts in Boise

Where business news starts in Boise.

Boise TV station gets new owner

Boise FOX affiliate KNIN-TV/Fox 9 has a new owner to start the new year, part of a $3.6 billion deal.

Gray Television of Atlanta purchased the station and others across the country from Raycom Media, expanding into 34 new markets, including Boise.

In 2015, Raycom purchased KNIN from Journal Broadcast Group, which owned it and KIVI-TV/6 On Your Side. The EW Scripps Company purchased Journal, and FCC ownership rules required it to sell KNIN for $15.7 million.

Channels 6 and 9 continue to operate from the same building near I-84 in Nampa and have a shared services agreement that includes newsgathering and other operations. According to filings with the SEC, KNIN’s owner pays KIVI’s owner $1.6 million per year for the services it provides.

In Idaho, Gray also owns KMVT/CBS 11 and KSVT/Fox 14 in Twin Falls. Scripps owns KSAW-TV, the ABC affiliate in that market.

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