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Gray Media Acquires Six Stations | Wilmington News
Gray Media is pulling off a major $50 million acquisition of six TV stations—including local Fox affiliate WSFX-TV—from American Spirit Media, expanding its footprint across five additional cities. Having quietly managed these stations for over a decade, Gray is now formalizing its role, deploying proven strategies in news, sales, and sports to boost performance. With $40 million already paid and a temporary management agreement in place, the deal is on track to close by end of 2026, promising stronger cash flow without increasing debt. Listen in comfort:Get a discount on a Soli Pillow…
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