Gray promotes ownership diversity with TV spin-offs


Gray-TelevisionThe brokerage arm of the Minority Media and Telecommunications Counsel was engaged by Gray Television to find socially disadvantaged and qualified buyers for a number of television stations that Gray might otherwise have had to surrender to the FCC. Gray and MMTC now report the fruition of this effort.

Gray opted over the summer to disband SSAs for the stations, and to abandon their option to purchase them, instead moving programming they were running to split streams on their O&O channels.

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