Parent Company of KOAA Enters Station Swap Agreement with Gray Media, to Acquire KKTV
FULTON COUNTY, GEORGIA, JUL 7 – Gray Media and The E.W. Scripps Company will form new duopolies in five markets by swapping stations without cash, aiming to enhance local news and sports coverage, officials said.
- On July 7, 2025, Gray Media and Scripps announced a station swap across five markets to create new duopolies, pending regulatory approval.
- The station swap was driven by the goal of creating new duopolies under federal broadcast rules, with no cash exchanged, to enhance market presence and revenue.
- The swap involves an even exchange of comparable assets with no cash consideration, as both companies coordinate with regulators and stakeholders for approvals and smooth transitions.
- Gray Media's Lansing and Louisiana station swaps create duopolies, strengthening local competition and regional presence, pending regulatory approval in Q4.
- The companies plan to close the station swap in Q4, contingent on regulatory waivers of outdated ownership restrictions.
25 Articles
25 Articles
Station swap agreement sees same owner for two Colorado Springs TV stations
Scripps Company will acquire KKTV, a local CBS affiliate, from Gray Media in a station swap agreement. This will give Scripps, already owner of KOAA, a duopoly in the Colorado Springs market, allowing them to own two of the four…
WSYM parent company working on station swap with Gray Media
WSYM's parent company, the E.W. Scripps Company, has reached an agreement with Gray Media Inc. that will transfer WSYM to Gray.Gray Media owns several stations in Michigan, including WILX in Lansing and WNEM in Flint-Saginaw.Here's the full press release from Gray: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 t…
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…
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