US Edition
Gray Media, Inc. Acquires WDRB, Block Communications Broadcast Division for $80 Million
MIDWEST REGION, UNITED STATES, AUG 1 – Gray Media’s $80 million purchase adds top-rated NBC affiliates and creates a Big Four duopoly in Louisville, expanding its reach to 37% of U.S. TV households, pending regulatory approval.
- Gray Media, Inc., announced in a fourth-quarter 2025 release an $80 million deal to acquire Block Communications' TV stations.
- Amid station merger activity, broadcasters have faced regulatory hurdles as Gray Media expects to complete its $80 million acquisition of Block Communications, Inc., despite FCC ownership rule challenges.
- The deal includes four stations across three markets: WDRB and WBKI in Louisville, WAND in Springfield-Champaign-Decatur, and WLIO in Lima, with WAND and WLIO each leading 2024 all-day ratings.
- Gray Media will add top-ranked local news stations in two Midwest markets, including Springfield-Champaign-Decatur and Lima, and faces regulatory hurdles before closing.
- Requiring FCC ownership rule waivers, the deal faces regulatory hurdles, and Gray Media expects to close in the fourth quarter of this year.
13 Articles
13 Articles
Multiple Fox, NBC & CW Stations Are Getting New Owners
Gray Media, Inc. has taken a bold step to strengthen its Midwest footprint by agreeing to purchase Block Communications, Inc.’s television stations for $80 million. This acquisition is poised to create a new Big Four duopoly in one market and will bring top-ranked local news outlets in two additional Midwestern regions under Gray’s umbrella The […] The post Multiple Fox, NBC & CW Stations Are Getting New Owners appeared first on Cord Cutters New…
The Bakersfield Californian
Gray Media Agrees to Purchase Block Communications’ Television Stations
ATLANTA, Aug. 01, 2025 (GLOBE NEWSWIRE) -- Gray Media, Inc. (“Gray”) has reached an agreement with Block Communications, Inc. (“BCI”) to acquire its television stations for $80 million. We expect the transaction to strengthen our presence in the Midwest by…
Gray Media Agrees to Purchase Block Communications’ Television Stations…Includes Lima Stations
Atlanta, Georgia– August 1, 2025 – Gray Media, Inc. (“Gray”) has reached an agreement with Block Communications, Inc. (“BCI”) to acquire its television stations for $80 million. We expect the transaction to strengthen our presence in the Midwest by creating a new Big Four duopoly in one market and by adding top-ranked local news stations in two more midwestern markets that can support and benefit from our strong local stations in adjacent market…
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