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Two of the Largest Local TV Owners Merged Today. This is What is Means.

Gray Television announced this morning it’s acquisition of Raycom Media for $3.65B to build the third largest broadcast television group.

What Will the New Gray/Raycom Look Like

  • The combined group will own 142 full-power television stations in 92 markets
  • The 142 stations carry 165 affiliates of ABC, NBC, CBS, and FOX, as well as 100+ of CW, MyNetworkTV, and MeTV.
  • The stations will reach 24% of US television households including Tampa, Cleveland, and Charlotte

What This Means for Cord Cutters

The good news is that most of the streaming services already have deals with Gray and Raycom.

The bad news is that local retransmission fees (the prices services pay for local channels) have continued to go up every year. Now that Gray/Raycom have a larger footprint, they may have more bargaining power against the different services.

While this won’t necessarily mean higher prices in the near term, but it may mean that your streaming service will be forced to increase the price of subscriptions in the future.

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DIRECTV STREAM Cash Back

Let us know your e-mail address to send your $50 Amazon Gift Card when you sign up for DIRECTV STREAM.

You will receive it ~2 weeks after you complete your first month of service.

Offer Terms

  • Only valid for new DIRECTV STREAM subscribers.
  • Only valid once per household.
  • You must pay and maintain service for at least one month to be eligible.
  • Purchase must be completed on the DIRECTV STREAM website.
  • You’ll receive gift card 4-6 weeks after purchase (~2 weeks after your first month).
  • Cannot be combined with any other promotion and won’t be eligible if you try to use a coupon code or cash back from another site.

Sling TV Cash Back

Let us know your e-mail address to send your $25 Uber Eats Gift Card when you sign up for Sling TV.

You will receive it ~2 weeks after you complete your first month of service.

Offer Terms

  • Only valid for new Sling TV subscribers to Sling Orange, Blue, or Sling Orange + Blue.
  • Only valid once per household.
  • You must pay and maintain service for at least one month to be eligible.
  • You must click from The Streamable and complete your purchase on the Sling TV website.
  • You’ll receive gift card 4-6 weeks after purchase (~2 weeks after your first month).
  • Cannot be combined with any other promotion and won’t be eligible if you try to use a coupon code or cash back from another site.

Hulu Live TV Cash Back

Let us know your e-mail address to send your $35 Amazon Gift Card when you sign up for Hulu Live TV.

You will receive it ~2 weeks after you complete your first month of service.

Offer Terms

  • Only valid for new Hulu Live TV subscribers.
  • Only valid once per household.
  • You must pay and maintain service for at least one month to be eligible.
  • You must click from The Streamable and complete your purchase on the Hulu Live TV website.
  • You’ll receive gift card 4-6 weeks after purchase (~2 weeks after your first month).
  • Cannot be combined with any other promotion and won’t be eligible if you try to use a coupon code or cash back from another site.