DealsMay 15, 2026, 11:32 AM
E.W. Scripps Completes Local TV Station Swap with Gray Media
AI Summary
The E.W. Scripps Company has completed its local TV station swap with Gray Media, a transaction originally announced in July 2025. Under the agreement, Scripps divested WSYM (Fox) in Lansing, Michigan, and KATC (ABC) in Lafayette, Louisiana, to Gray Media. In return, Scripps acquired KKTV (CBS) in Colorado Springs, Colorado; KKCO (NBC) and KJCT-LP (ABC) in Grand Junction, Colorado; and KMVT (CBS) and KSVT-LD (Fox) in Twin Falls, Idaho. This strategic move expands Scripps' presence in the Mountain West, creating greater depth in existing markets and establishing a new footprint in Grand Junction, with no cash exchanged.
Key Highlights
- E.W. Scripps completed its local TV station swap with Gray Media across five markets.
- Gray Media acquired Scripps' WSYM (Fox) in Lansing, Michigan, and KATC (ABC) in Lafayette, Louisiana.
- Scripps acquired Gray's KKTV (CBS) in Colorado Springs, Colorado.
- Scripps acquired Gray's KKCO (NBC) and KJCT-LP (ABC) in Grand Junction, Colorado.
- Scripps acquired Gray's KMVT (CBS) and KSVT-LD (Fox) in Twin Falls, Idaho.
- The transaction expands Scripps' presence in Colorado Springs and Twin Falls.
- The deal establishes a new footprint for Scripps in Grand Junction.
- The swap involved an even exchange of comparable assets with no cash consideration.
Price Impact
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