Story perspectives

Gray Media's Lafayette Acquisition: Job Cuts Loom Amid Declining Ratings

9/20/2025

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Summary

Story summary

Gray Media plans to acquire KATC and KADN/KLAF in Lafayette, Louisiana, pending FCC approval.
Analysts predict job losses due to potential consolidation of news staffs.
KATC's viewership declined after losing anchors to KADN, which gained ratings and accolades for Best Small Market Newscast in Louisiana.
The broadcast industry struggles, with only 7% of stations reporting profits, the lowest since 2010.
Gray Media aims to improve local coverage and is committed to investigative reporting.

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Story summary

Gray Media plans to acquire KATC and KADN/KLAF in Lafayette, Louisiana, pending FCC approval.
Analysts predict job losses due to potential consolidation of news staffs.
KATC's viewership declined after losing anchors to KADN, which gained ratings and accolades for Best Small Market Newscast in Louisiana.
The broadcast industry struggles, with only 7% of stations reporting profits, the lowest since 2010.
Gray Media aims to improve local coverage and is committed to investigative reporting.