FCC Approves First New Combination of Top-Four Rated Television Stations in More Than Five Years with Grant of Gray's KXLT Assignment Application
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The FCC has approved Gray Media's acquisition of KXLT-TV, allowing it to own two top-four ranked TV stations in the Rochester, Minnesota market. This is the first such approval in over five years.
March 11, 2025 | 10:45 pm
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Gray Media has received FCC approval to acquire KXLT-TV, allowing it to own two top-four ranked TV stations in the Rochester, Minnesota market. This regulatory approval is significant as it's the first in over five years.
The FCC's approval allows Gray Media to expand its market presence by owning two top-four ranked stations in the same market, potentially increasing its advertising revenue and market influence. This is a significant regulatory milestone, as it's the first such approval in over five years, indicating a favorable regulatory environment for Gray Media's growth strategy.
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