The group's principal activity is to own and operate television stations in the United States and Puerto Rico. The group combines strong network-affiliated programming with local news and a multi-channel strategy which enables it to increase audience share by operating multiple stations in the same market. The group's local sales force has capitalized on the strong local presence to increase the revenues from local advertising. The group has also identified and implemented innovative business strategies, including pioneering the multi-channel strategy by extending it on a regional basis. On 14-Jan-2004, the group acquired the broadcast license and certain assets of wirs-TV.