Gray Media and Byron Allen’s Allen Media Group Closed Station Transactions
7 Articles
7 Articles
Gray Media and Byron Allen’s Allen Media Group Closed Station Transactions
ATLANTA, May 01, 2026 (GLOBE NEWSWIRE) -- Gray Media, Inc. and Byron Allen’s Allen Media Group, Inc. announced today that the parties have closed on both of their previously announced transactions for a total purchase price of $171 million plus…
Gray Media & Allen Media Group Close Station Transactions
Gray Media and Byron Allen’s Allen Media Group announced May 1 that the parties have closed on both of their previously announced transactions for a total purchase price of $171 million plus working capital adjustments. In particular, Gray acquired stations located in three new markets for Gray on March 26, 2026, and Gray acquired stations in the remaining seven overlap markets May 1. The post Gray Media & Allen Media Group Close Station Transac…
FCC Tosses DirecTV Effort to Block Gray/Allen Media Deal
In August 2025, Gray Media confirmed that it had reached an agreement to buy 10 full-power broadcast TV stations from the Byron Allen-controlled Allen Media Group in a deal valued at $171 million. Closing the deal, which would bring Gray into three new markets, was originally expected to close by the end of last year. Then came a petition to deny from DirecTV. On Thursday, the “Acting Chief” of the FCC’s Media Bureau denied the petition. Please …
DOJ Signs Off on the Remaining Gray/Allen Media Deal
Back on March 23rd, the FCC and DOJ approved a portion of the sale of the Allen Media stations to Gray. They sign off on the transfer of three stations—WLFI-TV (Lafayette, IN), WTHI-TV (Terre Haute, IN), and WTVA(TV) (Tupelo, MS)—to Gray Media.Now, word is that the FCC and DOJ have signed off on the other 7 stations which were part of the deal. Gray was scheduled to take control at midnight last night. Including the three stations above, Gray is…
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