{"id":91538,"date":"2025-03-11T22:32:07","date_gmt":"2025-03-11T22:32:07","guid":{"rendered":"https:\/\/pakistaninewspaperlist.com\/news\/fcc-approves-first-new-combination-of-top-four-rated-television-stations-in-more-than-five-years-with-grant-of-grays-kxlt-assignment-application\/"},"modified":"2025-03-11T22:32:07","modified_gmt":"2025-03-11T22:32:07","slug":"fcc-approves-first-new-combination-of-top-four-rated-television-stations-in-more-than-five-years-with-grant-of-grays-kxlt-assignment-application","status":"publish","type":"post","link":"https:\/\/pakistaninewspaperlist.com\/news\/fcc-approves-first-new-combination-of-top-four-rated-television-stations-in-more-than-five-years-with-grant-of-grays-kxlt-assignment-application\/","title":{"rendered":"FCC Approves First New Combination of Top-Four Rated Television Stations in More Than Five Years with Grant of Gray\u2019s KXLT Assignment Application"},"content":{"rendered":"
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ATLANTA, March 11, 2025 (GLOBE NEWSWIRE) — <\/strong>The Federal Communications Commission (FCC) today granted a waiver of its local ownership rules to permit Gray Media to acquire KXLT-TV (FOX) in the Rochester, Minnesota, television market, where Gray already owns KTTC-TV (NBC). Today\u2019s action represents the first FCC approval of a new combination of two full-power, top-four ranked, same-market television stations in over five years. Importantly, the FCC\u2019s Media Bureau\u2019s grant and\u00a0written decision<\/a> come just two months after the parties applied for approval of the transaction, which appears to represent the shortest processing time for a duopoly waiver in Commission history.<\/p>\n

\u201cGray appreciates the FCC Media Bureau\u2019s careful consideration of our waiver request and its recognition of the marketplace in which today\u2019s local television stations compete for viewers and advertisers,\u201d said Kevin Latek, Gray\u2019s Chief Legal and Development Officer. \u201cWe look forward to leveraging the combined resources of KTTC-TV and KXLT-TV to improve service for viewers in the Rochester market.\u201d<\/p>\n

About<\/b><\/u> Gray Media:<\/u><\/strong><\/p>\n

Gray Media, Inc. (NYSE: GTN) is a multimedia company headquartered in Atlanta, Georgia. The company is the nation\u2019s largest owner of top-rated local television stations and digital assets serving 113 television markets that collectively reach approximately 37 percent of US television households. The portfolio includes 78 markets with the top-rated television station and 99 markets with the first and\/or second highest rated television station during 2024, as well as the largest Telemundo Affiliate group with 44 markets.\u00a0 The company also owns Gray Digital Media, a full-service digital agency offering national and local clients digital marketing strategies with the most advanced digital products and services. \u00a0Gray\u2019s additional media properties include video production companies Raycom Sports, Tupelo Media Group, and PowerNation Studios, and studio production facilities Assembly Atlanta and Third Rail Studios. For more information, please visit www.graymedia.com<\/a>.<\/p>\n

Gray Contact:<\/u><\/strong><\/p>\n

Kevin P. Latek<\/strong>, Executive Vice President, Chief Legal and Development Officer, 404-266-8333<\/p>\n

\n <\/div>\n","protected":false},"excerpt":{"rendered":"

ATLANTA, March 11, 2025 (GLOBE NEWSWIRE) — The Federal Communications Commission (FCC) today granted a waiver of its local ownership rules to permit Gray Media to acquire KXLT-TV (FOX) in the Rochester, Minnesota, television market, where Gray already owns KTTC-TV (NBC). Today\u2019s action represents the first FCC approval of a new combination of two full-power, […]<\/p>\n","protected":false},"author":2,"featured_media":91539,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"fifu_image_url":"https:\/\/ml.globenewswire.com\/Resource\/Download\/298ceae7-a05c-4b57-9e6d-270ae17152a1","fifu_image_alt":"","footnotes":""},"categories":[208],"tags":[],"class_list":["post-91538","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-globenewswire"],"acf":[],"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t