DNYUZ
  • Home
  • News
    • U.S.
    • World
    • Politics
    • Opinion
    • Business
    • Crime
    • Education
    • Environment
    • Science
  • Entertainment
    • Culture
    • Music
    • Movie
    • Television
    • Theater
    • Gaming
    • Sports
  • Tech
    • Apps
    • Autos
    • Gear
    • Mobile
    • Startup
  • Lifestyle
    • Arts
    • Fashion
    • Food
    • Health
    • Travel
No Result
View All Result
DNYUZ
No Result
View All Result
Home News

Local TV Groups E.W. Scripps And Gray Media Swap Stations In Five Markets

July 7, 2025
in News
Local TV Groups E.W. Scripps And Gray Media Swap Stations In Five Markets
492
SHARES
1.4k
VIEWS
Share on FacebookShare on Twitter

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 acquire WSYM, a Fox affiliate in Lansing, MI; and KATC, an ABC station in Lafayette, LA. Taking over WSYM will give Gray a duopoly in Lansing, where the company already owns NBC affiliate WILX. The acquisition of KATC will complement Gray’s presence in the Southeast, which includes all other DMAs in Louisiana.

Scripps, meanwhile, gets Gray’s KKTV, a CBS affiliate in Colorado Springs, CO, where Scripps already owns NBC station KOAA. Also in Colorado, Scripps is acquiring NBC affiliate KKCO and low power ABC station KJCT in Grand Junction. The company is also getting CBS affiliate KMVT and low-power Fox station KSVT-LD (Fox) in Twin Falls, ID where Scripps owns low power station KSAW-LD (ABC).

The addition to the portfolio add to Scripps’ position in the West, where it owns and operates television stations across Montana, Idaho, Colorado, Utah, Arizona, Nevada and California.

The companies expect to close the swaps by the fourth quarter.

Local TV remains a significant cash-flow generator for station owners, but ongoing declines in viewership and advertising are ramping up pressure on the operations. Groups are agitating for federal policymakers to revise station ownership rules, which cap ownership at a total reach of 39% of the U.S. A loosening of the rules, which the current Federal Communications Commission has discussed, could kick off a new round of consolidation for the sector.

“We are very pleased to be executing a successful set of station swaps with Scripps that brings great value to both companies,” said Gray President and Co-CEO Pat LaPlatney, in a statement. “At Gray, due to the strategic nature of these two acquisitions and the benefits to our operations, we anticipate expanding the news staff and hours of live local newscasts on both stations soon after closing the acquisitions.”

Scripps CEO Adam Symson, who presides over a company that owns not only local stations but the ION broadcast network and a number of multicast networks and digital assets, offered a similar sentiment.

“These new stations will allow Scripps to expand upon our local sports and news strategies in key growth geographies for us,” he said. “The resulting efficiencies will allow us to further invest in our connection to our communities, offering even richer coverage of these neighborhoods and regions.”  

The post Local TV Groups E.W. Scripps And Gray Media Swap Stations In Five Markets appeared first on Deadline.

Tags: broadcastE.W. ScrippsGray Medialocal TV
Share197Tweet123Share
Zach McKinstry picked as AL All-Star sub as Tigers tie Dodgers for most picks for Midsummer Classic
News

Zach McKinstry picked as AL All-Star sub as Tigers tie Dodgers for most picks for Midsummer Classic

by Associated Press
July 9, 2025

The Detroit Tigers have the best record in the majors. Now they are tied for having the most All-Stars, too. ...

Read more
News

Ángela Aguilar anuncia gira en EE.UU. y estrena video con Marc Anthony

July 9, 2025
Europe

Does Putin hit back when Trump criticizes his ‘bullsh*t?’

July 9, 2025
News

UFC legend Randy Couture suffers serious burns and other injuries in racetrack crash

July 9, 2025
News

California bishop allows parishioners to skip Mass amid ICE raids

July 9, 2025
Zohran Mamdani Expands Campaign Team, Hiring Veteran Democrat

Zohran Mamdani Expands Campaign Team, Hiring Veteran Democrat

July 9, 2025
A surprise IRS move on political endorsements leaves faith leaders and legal experts divided

A surprise IRS move on political endorsements leaves faith leaders and legal experts divided

July 9, 2025
Sun’s out: Phoenix breaks heat record that was first set in 1958

Sun’s out: Phoenix breaks heat record that was first set in 1958

July 9, 2025

Copyright © 2025.

No Result
View All Result
  • Home
  • News
    • U.S.
    • World
    • Politics
    • Opinion
    • Business
    • Crime
    • Education
    • Environment
    • Science
  • Entertainment
    • Culture
    • Gaming
    • Music
    • Movie
    • Sports
    • Television
    • Theater
  • Tech
    • Apps
    • Autos
    • Gear
    • Mobile
    • Startup
  • Lifestyle
    • Arts
    • Fashion
    • Food
    • Health
    • Travel

Copyright © 2025.