Two Alabama television stations have changed hands as a result of a $171 million telecommunications deal.
Huntsville’s WAAY and Montgomery’s WCOV are part of a 10-station deal, according to a press release.
Allen Media Group sold the stations to Gray Media, which has a station portfolio of about 180 local stations in 113 markets.
The deal also includes WSIL in Paducah, Ky.-Cape Girardeau, Mo.-Harrisburg, Ky.; WEVV in Evansville, Ind.; WFFT in Ft. Wayne, Ind.; KADN in Lafayette, La.; WTVA in Columbus-Tupelo, Miss.; WREX in Rockford, Ill.; WTHA in Terra Haute, Ind., and WLFA in West Lafayette, Ind..
The deal should close in the fourth quarter of this year, pending FCC approvals.
Allen Media, owned by comedian turned millionaire businessman Byron Allen, began selling 28 stations back in June.
The company, formed in 1993, operates 28 network affiliate broadcast TV stations in 21 U.S. markets and ten 24-hour HD television networks serving nearly 300 million subscribers.
Allen Media Group was the subject of controversy earlier this year before it nixed the decision to have The Weather Channel provide local weather coverage, potentially saving jobs in Alabama and across the country.
Allen Media Regional Vice President Dan Batchelor previously told the West Kentucky Star that the company reversed course on the decision “based on viewer and advertiser reaction.”
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