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Gray Media Acquires 10 Stations for $171 Million

8/12/2025

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Summary

Story summary

Gray Media, Inc. is set to make waves by acquiring 10 television stations from Byron Allen’s media group for a hefty $171 million. This strategic move not only expands Gray's footprint into Columbus-Tupelo, Mississippi, and Terre Haute and West Lafayette, Indiana, but also promises to elevate local news, weather, and sports coverage across seven additional markets.

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Story summary

Gray Media, Inc. is set to make waves by acquiring 10 television stations from Byron Allen’s media group for a hefty $171 million. This strategic move not only expands Gray's footprint into Columbus-Tupelo, Mississippi, and Terre Haute and West Lafayette, Indiana, but also promises to elevate local news, weather, and sports coverage across seven additional markets.