The July 7 announcement that Gray Media and The E.W. Scripps Co. have entered into agreements to swap television stations across five mid-sized and small markets, resulting in the creation of new duopolies for each group, has led the FCC to establish a pleading cycle for the purpose of seeking public comment on the proposed change in control.
It’s noteworthy, as waivers creating a pair of Top-Four combinations aren’t immediately being given even as a Federal Appeals Court struck down the long-standing FCC rule.