The deal for ABC-Fox-CBS-NBC affiliate stations in 10 markets is expected to close in the fourth quarter of 2025, pending regulatory approval

Most of the 10 stations going to Gray are located in the south and midwest and will create duopolies across Gray’s existing portfolio, which includes 180 local stations in 113 markets.

Byron Allen’s Allen Media Group, Inc. has sold 10 local TV stations to Gray Media for $171 million. The deal, which Gray expects to close in the fourth quarter subject to regulatory approval and closing conditions,