AI-assisted summary

Gray Media has agreed to acquire WCOV and other stations from Allen Media Group for $171 million.

WCOV, originally a radio station, became Montgomery's only locally owned and operated station in 1953.

The acquisition includes stations in multiple states, including Alabama, Indiana and Pennsylvania.

The parent company of WSFA 12 News has agreed to purchase Montgomery's WCOV Fox 20 as part of a wider deal for multiple stations.

Gray Media, the parent company headquartered in Atlanta that owns WSFA 12 News, announced the agreement to acquire stations in 10 markets purchased from Allen Media Group for $171 million, including WCOV Fox 20. The deal is pending regulatory approval.

WCOV, which started operations as a radio station in 1939, developed into "Montgomery's o

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