Looser Rules Allow Gray Grab By Raycom


Here’s a deal that’s full of American Spirit, fueled by FCC “modernization.”

Raycom Media in late June forged an agreement with a longtime shared services agreement partner that would give it an Iowa TV station it could not legally obtain 15 years ago, when it owned another crosstown station.

At the same time, Raycom has moved forward with grabbing The CW affiliate in the capital of the Old Dominion, also operated via a shared services agreement.

Paperwork was filed with the Commission on Friday, following Raycom’s announced merger with Gray Television—the eventual recipient of this station. 

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