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 In 1992, the FCC commenced allowing for broadcasting businesses to very own a number of radio stations in only one market. Subsequent these adjustments, local marketing agreements mostly fell away from favor for radio, as it absolutely was now feasible for broadcasters to simply obtain another station outright as opposed to lease it – consequentially triggering a wave of mass consolidation while in the radio field. Nevertheless, broadcasters nevertheless applied local marketing agreements to help transition acquired stations to their new homeowners.[four]
On February 26, 2016, Media Typical acquired a preliminary injunction from Gray for violating the SSA and JSA, which essential that Grey return control of WAGT to Media Normal, and forbade Gray from selling WAGT from the spectrum incentive auction. The company accused Gray of Recommended Site using the spectrum auction and sale on the station to exit the agreements illegitimately, as they ended up to last by means of 2020, and implement to any future owner of WAGT.
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