ATLANTA, Georgia — Gray Media, Inc. closed on its cash-free, even exchange of comparable assets with the E.W. Scripps Company involving the swap of television stations across five mid-sized and small markets that the parties announced in July 2025.
Under the terms of the agreement, Gray has acquired:
- WSYM (Fox) in Lansing, Michigan (DMA 113), where Gray owns WILX (NBC); and
- KATC (ABC) in Lafayette, Louisiana (DMA 124), where Gray owns KADN (FOX) and KLAF-LP (NBC) as well as leading television stations in each of the other Louisiana markets.
In exchange, Scripps has acquired:
- KKTV (CBS) in Colorado Springs, Colorado (DMA 89), where Scripps owns KOAA (NBC);
- KKCO (NBC) and low power station KJCT-LP (ABC) in Grand Junction, Colorado (DMA 186); and
- KMVT (CBS) and low power station KSVT-LD (Fox) in Twin Falls, Idaho (DMA 188), where Scripps owns low power station KSAW-LD (ABC).
With the May 15th closing, Gray has now consummated all previously announced television station transactions…