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Gray purchases Meredith station group

Know already a Topic on it but thanks for posting it and hopefully stays because this is where it belongs because official know. Also will be lots of Sub channel changes happening on former Meredith stations.
 
Not looking up all Digital Sub Channels Gray has a deal with of the ones Quest on KCTV5,Circle TV on KSMOTV already. Start TV,H and I,Weathernation and so on would have to replace like Comet TV,This TV,Shoplc,The Grio,DABL,Cozi TV.
 
Gray Television In Major Expansion Is Buying Meredith’s Station Group For $2.7 Billion Cash.
The stations included in today’s deal are:
WGCL (CBS) / WPCH (Independent), Atlanta, Georgia (DMA 7)
KPHO (CBS) / KTVK (Independent), Phoenix, Arizona (DMA 11)
KPTV (FOX) / KPDX (MyNetwork), Portland, Oregon (DMA 21)
KMOV (CBS), St. Louis, Missouri (DMA 23)
WSMV (NBC), Nashville, Tennessee (DMA 29)
WFSB (CBS), Hartford-New Haven, Connecticut (DMA 32)
KCTV (CBS) / KSMO (MyNetwork), Kansas City, Missouri, (DMA 34)
WHNS (FOX), Greenville-Spartanburg, South Carolina (DMA 35)
KVVU (FOX), Las Vegas, Nevada (DMA 40)
WALA (FOX), Mobile, Alabama (DMA 57)
WNEM (CBS), Flint-Saginaw, Michigan (DMA 73)
WGGB (ABC & FOX) / WSHM-LD (CBS), Springfield, Massachusetts (DMA 116)
Click to expand...
 
www.tvtechnology.com

Gray TV Building ‘Studio City’ Outside of Atlanta

Mixed-use property will include TV and movie studios
www.tvtechnology.com www.tvtechnology.com


Turns out at least for Atlanta Gray was already in the process of building "Studio City Georgia" but that was prior to Gray announcing that they were planning to take over WGCL-TV and WPCH-TV as part of the Meredith Television deal. WGCL-TV and WPCH-TV would move to this new studio if the deal is approved and if construction of studio city is completed.
 
tvnewscheck.com

Meredith Accepts Gray's Revised Offer For TV Stations

Gray Television today confirmed that Meredith Corp. recently informed Gray that, after announcing the definitive merger agreement with Gray, it had received an unsolicited proposal to acquire its Local Media Group division, including all of Meredith’s broadcast television stations, from another...
tvnewscheck.com tvnewscheck.com

Here is more on the Gray/Meredith talks.
 
www.nexttv.com

FCC Proposes Fining Gray Half Million Dollars for Alleged Ownership Violation

Concludes it violated ban on owning top two stations in market
www.nexttv.com www.nexttv.com

This issue might affect the outcome of Gray taking over the Meredith owned stations.

In a first for an acquisition of a network affiliation, the FCC says Gray Television has "willfully and repeatedly" violated the commission's prohibition on owning two of the top-four rated full-power TV stations in a market. The FCC has proposed a half-million-dollar fine.


The commission said that the proposed fine stemmed from its acquisition of the CBS affiliation of KTVA-TV--which went dark--when it already owned NBC affiliate KTUU-TV, both in Anchorage, Alaska. At the time the stations were ranked number one and two in the market. Gray put the CBS programming on its KYES-TV Anchorage, but then moved it to a co-owned low power station and simulcast it on a digital subchannel of KTUU-TV.

In 2016, the FCC clarified its rule on owning two of top four stations that it barred "the common ownership of two top-four stations with overlapping contours in the same DMA through the acquisition of a network affiliation."
Click to expand...
 
stationless listener said:
I wonder if this would also affect Nexstar, which snatched the CBS affiliation from Sinclair in the Harlingen area, when it already owns the NBC station there.
Click to expand...
Not necessarily. Anymore it's pretty common for one station group winding up with violation of ownership caps in a couple markets post-merger. Generally, the arrangements to spin-off, move, or directionalize the signal of a station that exceeds market cap is agreed-to in the purchase and sale agreement. Any such agreement is presented to the Commission as part of the approval process. If spinning the station, there is typically an agreed timeline which the overlap needs to be resolved-by.
 
From what I saw, Gray acquired KYES (now KAUU) through a "failed station" waiver so they could form the duopoly in Anchorage. Wouldn't that negate the FCC fine or will it still stem from owning KTUU and the CBS affiliation with KTVA?
 
tvnewscheck.com

Allen Media Buys Gray’s WJRT For $70 Million

Gray Television on Wednesday said it is selling WJRT, its ABC affiliate in Flint-Saginaw, Mich. (DMA 73), to Byron Allen’s Allen Media Broadcasting for $70 million dollars in cash. Gray’s said the sale “facilitates regulatory approvals for its pending acquisition of the Local Media Group...
tvnewscheck.com tvnewscheck.com

Gray Television is in talks to sell WJRT-TV Flint, MI to Allen Media as part of the Meredith deal talks.
 
tvnewscheck.com

Gray Closes Quincy Buy, Spinoffs To Allen Media

Gray now owns TV stations serving 102 television markets that collectively reach 25.4% of U.S. television households, including the No. 1-ranked station in 76 markets. The Byron Allen-owned Allen Media Broadcasting now owns and operates 25 television stations in 19 U.S. markets.
tvnewscheck.com tvnewscheck.com

Gray takes over the Quincy stations in this release.
 
finance.yahoo.com

Nielsen and Meredith Corporation Renew Multi-year Agreement for Local TV Audience Measurement

Nielsen (NYSE: NLSN) and Meredith Corporation (NYSE: MDP), announced today that they have reached a multi-year renewal agreement for Nielsen Local TV ratings. The agreement includes a range of audience measurement and analytical services across all Meredith's local stations, including Nielsen...
finance.yahoo.com finance.yahoo.com

Meredith signs deal with Nielsen. This comes as the Gray deal is pending.
 
This will affect WFSB-TV (CBS) channel 3 of Hartford. They're usually either #1 or fighting for #1 with Tegna owned WTIC-TV (FOX) channel 61 of Hartford. WFSB does not have a duopoly in the market.

They do operate the "CBS 3" low power digital station which serves Springfield/Holyoke, MA to the north. That station is sister to their ABC station (which has a FOX affiliation on channel 40-2). They pool their resources as Western Mass News.
 
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