{"id":128512,"date":"2025-03-12T13:55:02","date_gmt":"2025-03-12T13:55:02","guid":{"rendered":"https:\/\/peraltafinancing.com\/advertising\/fcc-waives-ownership-rules-for-gray-to-buy-second-rochester-station\/"},"modified":"2025-03-12T13:55:02","modified_gmt":"2025-03-12T13:55:02","slug":"fcc-waives-ownership-rules-for-gray-to-buy-second-rochester-station","status":"publish","type":"post","link":"https:\/\/fivemor.com\/?p=128512","title":{"rendered":"FCC Waives Ownership Rules for Gray to Buy Second Rochester Station"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div>\n<p>The Federal Communications Commission has granted a waiver of its local ownership rules to allow Gray Media to acquire <a href=\"https:\/\/www.kttc.com\/fox47\/\" data-type=\"link\" data-id=\"https:\/\/www.kttc.com\/fox47\/\" target=\"_blank\" rel=\"noreferrer noopener\">KXLT<\/a> (Fox) in the Rochester, Minnesota, television market, where Gray already owns <a href=\"https:\/\/www.kttc.com\/\" data-type=\"link\" data-id=\"https:\/\/www.kttc.com\/\" target=\"_blank\" rel=\"noreferrer noopener\">KTTC<\/a> (NBC). <\/p>\n<p>Today\u2019s action represents the first FCC approval of a new combination of two full-power, top-four ranked, same-market television stations in over five years. The move effectively transfers ownership from Gray\u2019s sidecar Sagamore Hill, to Gray itself.<\/p>\n<p>The FCC\u2019s Media Bureau\u2019s grant and written decision come just two months after the parties applied for approval of the transaction, which appears to represent the shortest processing time for a duopoly waiver in Commission history.<\/p>\n<p>\u201cGray appreciates the FCC Media Bureau\u2019s careful consideration of our waiver request and its recognition of the marketplace in which today\u2019s local television stations compete for viewers and advertisers,\u201d said <strong>Kevin Latek<\/strong>, Gray\u2019s chief legal and development officer. \u201cWe look forward to leveraging the combined resources of KTTC-TV and KXLT-TV to improve service for viewers in the Rochester market.\u201d<\/p>\n<\/div>\n\n","protected":false},"excerpt":{"rendered":"<p>The Federal Communications Commission has granted a waiver of its local ownership rules to allow Gray Media to acquire KXLT (Fox) in the Rochester, Minnesota, television market, where Gray already owns KTTC (NBC). Today\u2019s action represents the first FCC approval of a new combination of two full-power, top-four ranked, same-market television stations in over five [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":128513,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12023],"tags":[3408,49507,3009,20658,56127,11149,56125,5733,23470,56126],"dealstore":[],"offerexpiration":[],"class_list":["post-128512","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-advertising","tag-buy","tag-fcc","tag-gray","tag-ownership","tag-rochester","tag-rules","tag-shoptalk","tag-station","tag-tv-biz","tag-waives"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>FCC Waives Ownership Rules for Gray to Buy Second Rochester Station - Som2ny Network<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/fivemor.com\/?p=128512\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"FCC Waives Ownership Rules for Gray to Buy Second Rochester Station - Som2ny Network\" \/>\n<meta property=\"og:description\" content=\"The Federal Communications Commission has granted a waiver of its local ownership rules to allow Gray Media to acquire KXLT (Fox) in the Rochester, Minnesota, television market, where Gray already owns KTTC (NBC). 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