The Colorado Sun: The Federal Communications Commission on Tuesday approved a television license exchange that will give E.W. Scripps Co. control of the majority of stations in Colorado Springs, Pueblo and Grand Junction.

The trade with Gray Media is part of a strategic plan announced last summer intended to bolster Scripps’ sports and local news reporting in the West. Scripps will give Gray Media its stations in Lansing and Onondaga, Michigan, along with one in Lafayette, Louisiana. No money changes hands in the swap. 

The transaction allows Scripps to add KKTV, the CBS affiliate in Colorado Springs, and KKCO, the NBC affiliate in Grand Junction and the low-power ABC affiliate KJCT, to its existing Colorado holdings: KMGH Denver 7, an ABC affiliate, and KOAA the NBC affiliate in Colorado Springs and Pueblo. It will now own two out of three stations in the Colorado Springs/Pueblo and Grand Junction markets.

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