As part of its Q4 2025 earnings report, E.W. Scripps has announced that it is exercising its option to re-acquire 23 ION-affiliated stations for about $54 million.
The stations were divested to INYO Broadcast Holdings in January of 2021 as part of its acquisition of ION so that the deal would comply with Federal Communications Commission ownership caps.
The plan to reacquire them comes at a time when the FCC is signaling that it is open to altering or eliminating ownership caps and several broadcast station groups have announced deals that would require changes or waivers of ownership rules.
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