Media Bureau Approves Gray Swap With Marquee

The FCC Media Bureau approved a deal for Gray Television to sell two TV stations in Wyoming and Nebraska to Marquee Broadcasting in exchange for Marquee’s FCC-issued construction permit to build a station in Salt Lake City, an order in Thursday’s Daily Digest said. Because the swap includes transferring a Gray station that carries top-four affiliate channels -- KGWN-TV Cheyenne, Wyoming -- the deal falls under the agency’s new 2018 quadrennial order, which requires transactions involving multiple top-four programming streams to be considered on a case-by-case basis. The agency approved the deal because there doesn’t appear to be a commercially viable alternative home for KGWN’s CBS and NBC network affiliations, the order said. “Permitting Marquee to acquire KGWN with its two top-four network affiliations intact” is "in the public interest and would ensure the preservation of local news service and network-affiliated program distribution in the local market,” the order said.