Gray Media Closes Purchase of 10 Allen Media Group Stations

Gray Media and AMG logos
(Image credit: Gray Media/AMG)

ATLANTA—Gray Media has closed on its previously announced purchase of 10 stations from Byron Allen’s Allen Media Group for $171 million plus working capital adjustments.

On March 26, Gray closed on stations in three new markets: Columbus-Tupelo, Miss.; Terre Haute, Ind.; and West Lafayette, Ind. It acquired the seven remaining stations, all in overlap markets, on May 1.

The deal included the following stations:

  • DMA 75: WAAY, Huntsville, Ala. (ABC)
  • DMA 90: WSIL, Paducah-Cape Girardeau-Harrisburg, Mo. (ABC)
  • DMA 109: WEVV, Evansville, Ind. (CBS/Fox)
  • DMA 110: WWFT, Fort Wayne, Ind. WFFT (Fox)
  • DMA 121: WCOV, Montgomery, Ala. (Fox)
  • DMA 124: KADN, Lafayette, La. (Fox/NBC)
  • DMA 134: WTVVA, Columbus-Tupelo, Miss. (ABC/NBC)
  • DMA 137: WREX, Rockford, Ill. (NBC)
  • DMA 159: WTHI, Terre Haute, Ind. (CBS/FOX)
  • DMA 189 WLFI, West Lafayette, Ind. (CBS)

George Winslow is the senior content producer for TV Tech. He has written about the television, media and technology industries for nearly 30 years for such publications as Broadcasting & Cable, Multichannel News and TV Tech. Over the years, he has edited a number of magazines, including Multichannel News International and World Screen, and moderated panels at such major industry events as NAB and MIP TV. He has published two books and dozens of encyclopedia articles on such subjects as the media, New York City history and economics.