On April 28, the FCC granted the proposed agreements between Gray Media, Inc. and The E.W. Scripps Company to swap television stations across five mid-sized and small markets, resulting in the creation of new duopolies for each group. Among the markets affected is Lansing, where Gray Television will take ownership of Scripps' WSYM-TV (Fox).  Gray currently owns WILX-TV (NBC) in Lansing.

In addition to WSYM, Gray will also acquire Scripps' KATC (ABC) in Lafayette, Louisiana. The acquisition of KATC will complement Gray’s strong presence in the Southeast, including all other markets in Louisiana.

Here in Michigan, in addition to WILX, Gray also owns WNEM-TV (CBS) in Saginaw and WLUC-TV (NBC/Fox) in Marquette.

The deal was originally announced on July 7, 2025.  At that time, Gray President and Co-CEO said, “We are very pleased to be executing a successful set of station swaps with Scripps that brings great value to both companies. At Gray, due to the strategic nature of these two acquisitions and the benefits to our operations, we anticipate expanding the news staff and hours of live local newscasts on both stations soon after closing the acquisitions.”

Scripps will acquire Gray’s KKTV (CBS) in Colorado Springs, Colorado, where Scripps owns KOAA (NBC); KKCO (NBC) and low power station KJCT-LP (ABC) in Grand Junction, Colorado; and KMVT (CBS) and low power station KSVT-LD (Fox) in Twin Falls, Idaho, where Scripps owns low power station KSAW-LD (ABC). These acquisitions bolster Scripps’ already strong regional presence in the West, where it owns and operates television stations across Montana, Idaho, Colorado, Utah, Arizona, Nevada and California.

Following the transaction, Scripps in Michigan retains WXYZ/WMYD-TV (ABC/Independent) in Detroit and WXMI-TV (Fox) in Grand Rapids.

The swap involves the even exchange of comparable assets. In particular, the consideration for each transaction is the performance of the other transaction. As a result, neither company will pay cash consideration to the other.

No closing date has been announced.