An agreement to move forward with a major national media acquisition could have a notable impact on two major Louisville television stations.
Gray Media Group, the company that owns WAVE-TV, has agreed to purchase Block Communications’ TV outlets, which includes WDRB-TV. The planned $80 million acquisition was announced in an Aug. 1 news release and is still subject to regulatory approval, which Gray Media expects in the fourth quarter of 2025.
The release from Gray Media said the transaction should “strengthen our presence in the Midwest” with a “new Big Four duopoly in one market.”…