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

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

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

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