US EditionParent Company of KOAA Enters Station Swap Agreement with Gray Media, to Acquire KKTV
- On July 7, 2025, Gray Media and Scripps announced a station swap across five markets, creating new duopolies for each group.
- Motivated by the goal to create new duopolies for revenue, the station swap involves an asset exchange with no cash consideration, permitted under federal broadcast ownership rules.
- The swap involves an equal exchange of comparable assets without cash, with both companies coordinating with regulators and stakeholders for approval and smooth completion.
- Gray Media's Lansing and Lafayette station swaps will create duopolies in key markets, enhancing regional market presence amid ongoing industry consolidation risks.
- The stations swap is expected to close in Q4 2025, contingent on regulatory waivers of outdated ownership restrictions and approval processes.
19 Articles
19 Articles
Local TV Groups E.W. Scripps And Gray Media Swap Stations In Five Markets
Gray Media and the E.W. Scripps Co., two of the largest U.S. owners of local TV stations, have engineered a swap of stations in five small and mid-sized markets. The move will create new duopolies, coveted sources of extra revenue within a single market allowed under federal broadcast ownership rules, for each company. Gray will […]
KATC in Lafayette sold to Gray Media in TV station swap across five U.S. markets
Lafayette TV station KATC will be sold to Gray Media in an agreement between Gray and Scripps to swap television stations across five mid-sized and small markets. The goal of the swap is the creation of new duopolies for each group, according to a news release from Scripps.
Gray, Scripps swap stations, creating new market duopolies
(Photo by “flrnt” via Flickr/Creative Commons) Gray Media and the E. W. Scripps Company have announced a strategic swap of television stations in five mid-sized and smaller U.S. markets, a move designed to strengthen each company’s regional footprint and create new duopolies. The station exchanges are intended to provide both companies with enhanced market scale and operational efficiency, enabling them to deepen their commitment to local news a…
Gray Media and Scripps Agree to Swap Television Stations
ATLANTA and CINCINNATI, July 7, 2025 /PRNewswire/ -- Gray Media, Inc. (NYSE: GTN) and The E.W. Scripps Company (NASDAQ: SSP) have entered into agreements to swap television stations across five mid-sized and small markets, resulting in the creation of new…
Coverage Details
Bias Distribution
- 75% of the sources are Center
To view factuality data please Upgrade to Premium
