Gray And Marquee To Swap Two Stations

Gray Television announced today that it has reached agreements with Marquee Broadcasting Inc. to swap television stations.

Gray will sell KNIN, its Fox affiliate in the Boise, Idaho, market (DMA 102), to Marquee. Currently, another broadcaster in the Boise market provides local news programming and back-office services for KNIN under a shared services agreement, subject to the ultimate control of Gray.

Concurrently with the KNIN closing, Marquee will sell WPGA, its full-power MeTV affiliate in Macon, Ga. (DMA 126), to Gray. At that time, Gray will own a full-power station in every television market in its home state of Georgia.

Both transactions are expected to close in the second quarter of 2023 following receipt of regulatory and other approvals.