US EditionGray Media, Inc. Acquires WDRB, Block Communications Broadcast Division for $80 Million
LOUISVILLE, KENTUCKY, AUG 1 – Gray Media's $80 million acquisition adds top-ranked NBC affiliates in Springfield-Champaign-Decatur and Lima, creating operational synergies and boosting advertising leverage in Louisville.
- Gray Media, Inc. agreed on August 1, 2025, to acquire Block Communications, Inc.'s television stations for $80 million, including WDRB and WBKI in Louisville, Kentucky.
- The acquisition stems from Gray's strategy to expand its footprint in 113 markets and strengthen its Midwestern presence amid ongoing leadership changes at Block Communications.
- The deal also covers NBC affiliates WAND in Springfield-Champaign-Decatur, Illinois, and WLIO in Lima, Ohio, both top-rated in 2024 according to Comscore ratings.
- Gray expects to finalize the acquisition by late 2025, contingent upon receiving regulatory approvals and necessary FCC ownership rule waivers, with the goal of strengthening its local news coverage and digital offerings.
- This transaction is expected to create a new Big Four duopoly in Louisville and add top-ranked stations in key Midwestern markets, boosting Gray's local market influence and community engagement.
12 Articles
12 Articles
Multiple Fox, NBC & CW Stations Are Getting New Owners
Gray Media, Inc. has taken a bold step to strengthen its Midwest footprint by agreeing to purchase Block Communications, Inc.’s television stations for $80 million. This acquisition is poised to create a new Big Four duopoly in one market and will bring top-ranked local news outlets in two additional Midwestern regions under Gray’s umbrella The […] The post Multiple Fox, NBC & CW Stations Are Getting New Owners appeared first on Cord Cutters New…
The Bakersfield Californian
Gray Media Agrees to Purchase Block Communications’ Television Stations
ATLANTA, Aug. 01, 2025 (GLOBE NEWSWIRE) -- Gray Media, Inc. (“Gray”) has reached an agreement with Block Communications, Inc. (“BCI”) to acquire its television stations for $80 million. We expect the transaction to strengthen our presence in the Midwest by…
Gray Media Agrees to Purchase Block Communications’ Television Stations…Includes Lima Stations
Atlanta, Georgia– August 1, 2025 – Gray Media, Inc. (“Gray”) has reached an agreement with Block Communications, Inc. (“BCI”) to acquire its television stations for $80 million. We expect the transaction to strengthen our presence in the Midwest by creating a new Big Four duopoly in one market and by adding top-ranked local news stations in two more midwestern markets that can support and benefit from our strong local stations in adjacent market…
Coverage Details
Bias Distribution
- 88% of the sources are Center
Factuality
To view factuality data please Upgrade to Premium
