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Gray Media Agrees to Purchase Television Stations in Ten Markets from Byron Allen’s Allen Media Group
GlobeNewswire· 2025-08-08 12:00
Atlanta , Aug. 08, 2025 (GLOBE NEWSWIRE) -- Gray Media, Inc. (“Gray”) has reached an agreement with Byron Allen’s Allen Media Group, Inc. (“AMG”) to acquire AMG’s television stations in ten markets for $171 million. The transaction would bring Gray into three new markets – Columbus-Tupelo, Mississippi; Terre Haute, Indiana; and West Lafayette, Indiana – with the acquisition of the local television station in each market that had the highest all-day ratings in 2024, according to Comscore. Gray expects the ...
Gray Media Agrees to Purchase Two Television Stations from SagamoreHill Broadcasting
Globenewswire· 2025-07-31 20:30
ATLANTA, July 31, 2025 (GLOBE NEWSWIRE) -- Gray Media has reached an agreement to acquire SagamoreHill Broadcasting’s WLTZ, the NBC affiliate for the Columbus, Georgia, market (DMA 127), and KJTV, the FOX affiliate for the Lubbock, Texas, market (DMA 140). For the past several years, Gray has provided back-office services to both stations through its Columbus ABC affiliate WTVM and its Lubbock NBC affiliate KCBD, respectively. Gray anticipates closing these transactions in the fourth quarter of this year fo ...