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Raycom Media, Inc. was created in 1996 with the purchase of 12 television stations, two radio stations, and a sports marketing, production, events management, and distribution company. Shortly after this first acquisition, Raycom Media quickly acquired two other companies and began an unheard of growth in the media business. Raycom, an employee-owned company, is now one of the nation's largest broadcasters and currently owns and/or operates 42 television stations in 18 states. Raycom stations cover more than 10.6% of U.S. television households and employ 3500 individuals in full and part-time positions. Raycom Media businesses go beyond just broadcasting and include event management, distribution of syndicated television programming, information systems support, and design and hosting of Alabama's Robert Trent Jones Golf Trail website. The company, through Raycom Sports, owns and operates the Meineke Car Care Bowl in Charlotte and the LPGA Longs Drugs Challenge in San Francisco. It owns all television and marketing rights to Atlantic Coast Conference basketball, as well as syndicated television rights for ACC football and Southeastern Conference football and basketball. With a strong belief in community, Raycom Media television stations take editorial positions on key community issues. It is the vision of the company that it be involved in the communities its broadcast properties serve. By editorializing on local issues and seeking out divergent points of view, Raycom Media television stations create an atmosphere of community dialog. Raycom Media is headquartered in Montgomery, Alabama.