Gray Media and Allen Media Group Close Station Transactions

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Gray announced last August that it was buying 10 stations from AMG for $171 million

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

ATLANTA—Gray Media, Inc. and Byron Allen’s Allen Media Group, Inc. have closed previously announced station transactions for a total purchase price of $171 million plus working capital adjustments.

The two companies said that Gray acquired stations located in three new markets for Gray on March 26, 2026, and Gray acquired stations in the remaining seven overlap markets on May 1.

The deal for the 10 AMG stations announced last year, brings Gray into three new markets: Columbus-Tupelo, Miss.; Terre Haute, Ind.; and West Lafayette, Ind.

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
George Winslow

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.