Gray TV Lines Up Minority/Female Owners For Six Stations


Coverage Type: reporting
Location:
Gray Television, Atlanta, GA, United States

Gray Television has entered into definitive agreements to transfer six TV stations to new owners. Gray retained the brokerage arm of the Minority Media and Telecommunications Council (MMTC) to find owners for the stations that it has acquired in multi-station deals, but cannot technically own.

Gray will provide services to the stations, which include markets in North Dakota, Colorado, Nebraska and Louisiana.

Federal Communications Commission Chairman Tom Wheeler praised the move: “We applaud the commitment of MMTC and Gray Television to find buyers for each of the six Gray stations that would increase diversity of ownership and programming in each of these markets. Such actions demonstrate how our rules can actively promote both competition and diversity, keep stations on the air, and serve the public interest.”

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