Media mogul Byron Allen just cashed out big, finalizing a $171 million deal to sell 10 of his local television stations to Gray Media. Both companies confirmed the agreement, which is pending FCC and ...

Allen's 'Comics Unleashed' will get the CBS time slot following Stephen Colbert. As late night struggles, the price is right: ...

On paper, the deal would result in a “triopoly” — long a regulatory no-no — that Gray leadership expects to clear under new ...

Ownership of four Indiana media outlets, including WFFT, the Fox affiliate in Fort Wayne, could change ownership as part of a $171 million deal.

Gray Media has announced that it has purchased 10 television stations from Byron Allen's Allen Media Group for $171 million ...