Gray Television acquires WNDU-TV from Notre Dame | News | Notre Dame News | University of Notre Dame Skip To Content Skip To Navigation Skip To Search University of Notre Dame Notre Dame News Experts ND in the News Subscribe About Us Home Contact Search Menu Home › News › Gray Television acquires WNDU-TV from Notre Dame Gray Television acquires WNDU-TV from Notre Dame Published: March 05, 2006 Author: Dennis Brown Gray Television, Inc. and the University of Notre Dame today announced Gray has acquired all of the capital stock of Michiana Telecasting Corp., the University-owned company that operates WNDU-TV, for $85 million in cash. Founded by Notre Dame in 1955, WNDU-TV (Channel 16) is the NBC affiliate serving the South Bend-Elkhart,Ind., television market, the nations 87 th largest Designated Market Area. Notre Dame will use the $85 million for student and academic initiatives, with most of the money to be invested in the Universitys endowment, according to John Affleck-Graves, the Universitys executive vice president. Internships for Notre Dame students at WNDU-TV will continue, he said. With the completion of the acquisition of WNDU-TV, Gray (NYSE:GTN and GTN.a) now owns 35 stations serving 30 television markets. The combined station group has 24 stations ranked No. 1 in local news audience, 24 stations ranked No. 1 in overall audience within their respective markets, and reaches approximately 6 percent of total U.S. TV households. TopicID: 16162 Home Experts ND in the News Subscribe About Us For the Media Contact Office of Public Affairs and Communications Notre Dame News 500 Grace Hall Notre Dame, IN 46556 USA Facebook Twitter Instagram YouTube Pinterest © 2022 University of Notre Dame Search Mobile App News Events Visit Accessibility Facebook Twitter Instagram YouTube LinkedIn