From RBR+TVBR –
As RBR+TVBR was first to report in December 2025, Gray Media successfully reached a deal to purchase a full-power television station in the Volunteer State in a transaction that saw brokerage Kalil & Co. represent the seller, Bahakel Communications.
That deal, involving a Jackson, Tenn., property, has now closed.
Gray Media (NYSE: GTN) agreed to buy WBBJ-TV (“WBBJ 7”) in Jackson, Tennessee from Bahakel Communications, with closing expected after regulatory approvals in Q1 2026. The release says the station will join Gray’s portfolio of local stations in adjacent markets including Nashville, Memphis, Huntsville and Paducah.
Gray expected the acquisition to be immediately free cash flow accretive and planned to fund the deal with cash on hand. The announcement notes customary regulatory and closing risks and affirms intentions to support employees, audiences and advertisers during transition.
Following a December 2025 announcement that Gray Media agreed to buy WBBJ-TV (WBBJ 7) in Jackson, Tennessee from Bahakel Communications, property that is home to the ABC affiliate has been sold.
Star City Development Company Inc. sold 346 Muse Street to Gray Local Media Inc., for $2 million.
The station will join Gray’s portfolio of local stations in adjacent markets including Nashville, Memphis, Huntsville and Paducah.
(PHOTO: WBBJ-TV station, 346 Muse Street)
