Gray Television Digital Content Producer Jobs, Gray Television Investigative Reporter Jobs, Gray Television Freelance Videographer/Editor Jobs, Gray Television Production Assistant Jobs, Gray Television Digital Marketing Coordinator Jobs, Phase 3 Marketing and Communications Jobs. List of stations owned or operated by Gray Television, "Gray Television consolidating offices, leaving Albany", "Gray: Strong Stations, Smart Operations", "Atlanta-based TV-station operator to spin off newsletter, wireless units", "Daily Post's parent company changes name", "Banks' Bid on Young Stations Clears Hurdle", Who's Really Running Young Broadcasting? Chairman & CEO, Hilton H. Howell, Jr., along with several other executives, rang the Closing Bell at the New York Stock Exchange to commemorate the Companys acquisition of Raycom Media, Inc. Gray Television is a leading media company that owns and operates high-quality stations in 113 television markets that collectively reach 36 percent of US television households. To comply with federal regulators, Gray would divest Quincy stations in Tucson; Harrisburg, Illinois; Waterloo/Cedar Rapids, Iowa; and Madison, La Crosse, and Wausau in Wisconsin over to Allen Media Group. The price per share dropped to $8. But that's probably not the whole story. Gray announces the initiation of a quarterly cash dividend, the first since the Great Recession. The company put itself-or any part up-for sale by the end of 1992. We'll know a lot more in the coming quarters but the auction process could reveal an undiscovered asset worth hundreds of millions of dollars for Gray - none of which is reflected in the current valuation. Wells Fargo provided a valuation analysis for Sinclair's spectrum. InvestigateTV was launched in 2018 and provides innovative, original journalism from a dedicated investigative team and key partners. The Company changed its name to Gray Communications Systems, Inc. and launched an initial public stock offering . Total 2016 revenue could be as much as $654 million. The Company closed its acquisition of television stations from Schurz Communications, Inc. and related station acquisitions and divestitures with other counter-parties. The Company also acquired Gulflink Communications, Inc., a satellite uplink service. By ensuring that our talent has the independence to tell the stories that matter most, we are fostering a team of empowered newsroom leaders who are truly engaging and connecting with communities. The services group comprising financial, legal and health is continuing to post strong results, accounting for approximately 29% of our core revenue in Q1, he added. While that is good news and bad news to some degree, its a clear victory for in-house health and political sales teams, and our core stations have done outstanding work in developing this category. This is an opportunity to come to one of the most award-winning stations in Virginia, to live in a great small city and learn how to really hone your craft in a terrific newsroom with a new commitment to technology, resources, and partnerships. The Company subsequently announced the divestiture of all the radio stations and certain television stations to facilitate regulatory approvals. However, some stations were forced to go off the air and their programming was moved to a multicast stream on adjacent channels, due to some stations being unable to receive regulatory approval, after the FCC's ruling on joint sales agreements. The Company purchased WAGM-TV (Presque, ME) from NEPSK, Inc. Mansfield Television, Inc. to acquire WCAX (CBS) in Burlington, Vermont-Plattsburgh, New York. The dividend is payable on March 31, 2023, to shareholders of Gray Television is an unmatched broadcast pioneer that keeps getting bigger and better. The Company purchased KOSA-TV (Odessa, TX) from Investment Company of America. The Company wins 19 Regional Edward R. Murrow Awards for excellence in journalism. [3][4], The company was then taken public on NASDAQ's small-cap market in the 2nd quarter 1992. Good foot in the door to broadcasting. Gray names Bob Smith as Chief Operating Officer and Nick Waller as its Chief Administrative Officer. [27], In July 2015, Gray closed its accounting and human resources offices in Albany (housed in the same building as The Albany Herald), combining them with the corporate offices in Atlanta. The former Young-owned stations managed by Gray Television include: Young Broadcasting would retain ownership of all its stations, including three stations that Gray would not operate: KRON-TV in San Francisco, California, WATE-TV in Knoxville, Tennessee, and WLNS-TV in Lansing, Michigan, the latter two due to Gray already owning stations in those markets. [22], The sale was completed on June 13, 2014. Gray Television, Inc. The Company announced the opening of its Washington D.C. News Bureau. TIMELINE The Herald Publishing Company was founded with the creation of the Albany Herald in Albany, Georgia. A study by Gfk in 2013 found that 19.3% of homes were using an antenna rather than pay for television, up from 17.8%. During the presidential election Sinclair and the Trump campaign struck a deal in order to gain favorable media coverage .Recently they started a promotional campaign for their local news outlets to broadcast. In addition to being in a strong position to capture households, they are also a well run business which knows how to make the most of each unit of revenue. In a new digital-centric arena, our leadership team featured here provides the support and vision that empowers each member of our company to navigate industry shifts as well as grow, thrive and deliver positive impact to those around us. The combined company would be led by Raycom's current president and CEO Pat LaPlatney, with current Gray CEO Hilton Howell acting as executive chairman and co-CEO. Since Election Day, November 3rd, Grays local television stations and digital platforms serving communities in the State of Georgia have run approximately $20 million (net) in political campaign and political issue advertisements related to the two run-off election races for U.S. Senate seats in Georgia. [35][36] On February 16, 2017, Gray announced that it would acquire WABI-TV in Bangor, Maine and WCJB-TV in Gainesville, Florida from Diversified Communications for $85million. This brought the company total to $534.5 million in available funds with $409.5 million directly available. Grays Raycom Sports launches Origin Sports Network on the Roku Channel in Canada and XUMO in the United States. Gray Television employees are most likely to be members of the Republican Party. The Atlanta-based television broadcaster Gray Television Inc., which owns stations in 51 markets, recently announced it was reducing its forecast for political ad spending for the remainder. The Company acquired WCTV-TV (Tallahassee, FL) and WVLT (formerly WKXT) (Knoxville, TN), as well as satellite and production services and Porta Phone Paging services from John H. Phipps, Inc. [3], In August and September 1996, Gray raised additional operating funds by various means. Total revenue has increased 88% from 2009 to 2014 in almost a straight line. Advertising revenues dropped. The bureau was designed to provide enhanced coverage of national political issues for Gray's local stations. James H. Gray started his communication business with the purchase of The Herald Publishing Company (a company founded in 1897 to promote The Albany Herald, a newspaper that started publication in 1891), in 1946 after he returned from World War II. And not to be paranoid but its worth being watchful of our neighbor states media scene. Keeping the water above ground provides the opportunity to use above ground water structure as an amenity for the development in the public park and other uses for the property. In their place, Gray Television acquired and, in some cases, built from scratch market-leading television stations focused on local communities. The Company purchased KMVT-TV and KSVT-TV (Twin Falls, ID) from Neuhoff Media. One concern that is popular today is the risk of "cord cutters" - the younger generation that opts for Hulu and Netflix over traditional television. And of course, the four year cycle is different than the two year cycle. [45] The sale was approved by the FCC on December 20, 2018. In total, Gray owns and/or operates television stations and leading digital properties across 94 television markets, including the number-one rated television station in 68 markets and the first or second highest rated television station in 86 markets. Gray consummated its transformative transaction with Raycom Media, Inc., including the divestitures of nine television stations in overlap markets. There was a problem. Collaborate with our long-term tenant to monitor in real time critical infrastructure, HVAC, and power systems to reduce waste. Senators and Representatives serving their communities. Gray reached an agreement with Nexstar Broadcasting Group, Inc. to acquire two television stations that Nexstar will divest upon its merger with Media General, Inc.: WBAY (ABC), in Green Bay, Wisconsin, and KWQC (NBC) in Davenport, Iowa, both previously owned and operated by Media General. Gray announces that it has entered into agreements with the ABC network, CBS network and NBC network that extend the terms of the affiliation agreements for all ABC, CBS and NBC affiliated stations acquired in the Raycom Merger as well as the ABC affiliations for all of the legacy Gray stations. The Company also sold WALB-TV (Albany, GA). While the board of directors received about 40 offers, Bull Run Corporation purchased the remaining shares of the Gray siblings, who as part of the deal resigned from the board. The Radio Television Digital News Association (RTDNA) awards a combined 49 Regional Edward R. Murrow awards for excellence in journalism to 21 of Grays local stations. Because of your generous donations, our #HealTheHeartland campaign has raised more than half-a-million dollars to date!" Local news is the most desired location for most political advertisers. Zippia gives an in-depth look into the details of Gray Television, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Gray Television. The Company announced that KSFY-TV will begin broadcasting from its new downtown state-of-the-art Sioux Falls Studio. An experienced investor with more than a decade of experience working at some of the largest asset management organizations, I now focus full time on my personal investments and sharing unique ideas with the online value investing community. KWCH Partners with United Way of Reno County to Help Cottonwood Complex Fire Victims, KWCH and KLF Raise $1.9 Million for Wildfire Relief, ABC21 ANNOUNCES EXPANSION, LAUNCH OF 7 P.M. NEWSCAST, KWCH Partners with KLF on Wildfire Relief Fund, NBC15 Share Your Holidays final meal count revealed, Gray Television's 4th Quarter 2022 Earnings Call - February 24 @ 11:00am ET, Gray Television's 3rd Quarter 2022 Earnings Call - November 4 @ 11:00am ET. Gray owns and operates television stations in 31 markets across the country, broadcasting over 85 distinct channels of programming and operating dozens of local digital and mobile platforms. Gray Television, Inc. Atlanta, Ga, Dec. 16, 2020 (GLOBE NEWSWIRE) -- Gray Television, Inc. (Gray) (NYSE: GTN) today announced that its local television stations and digital platforms have now run more than $400 million in political advertisements since January 1, 2020, net of commissions and agency fees. Between the early 1990s and today, the company was transformed through strategic acquisitions and subtle, yet critical transitions. "The television station portfolios . This seesaw motion isn't random, it matches the election cycle. Loan covenants could have forced the company into default. Gray announces that legendary news anchor and journalist Monica Kaufman Pearson has joined its Atlanta television stations, CBS46 and Peachtree TV. [34] On June 3, 2016, it was announced that Gray would acquire two stations that were spun-off from the Nexstar-Media General merger; KWQC-TV in Davenport, Iowa and WBAY-TV in Green Bay, Wisconsin for $270million. The bureau cooperates with Lilly Broadcasting's Washington bureau, previously started by Policastro, and is located at the NBC News Capitol Hill Bureau, 400 N. Capitol Street. [4] This caused difficulties as two of the three wanted to sell with the third unable to purchase. Gray leads fundraising round for Texas-based Envy Gaming. [38][39], In April 2017, Gray Television filed a lawsuit against Nick Prueher and Joe Pickett, founders of the Found Footage Festival, for fraud and copyright infringement, after having booked an appearance on the morning show of a Gray station as a fake strongman act, "Chop and Steele", and utilizing the footage during their show. The pro forma portfolio includes 79 markets with the top-rated television station and 101 markets with the first and/or second highest rated television station according to Comscore's audience measurement data. The Company acquired the Goshen News daily newspaper (Goshen, IN). The Company announced that the Singing For Their Supper telethon raised over one million dollars for local food banks through its broadcast one afternoon across 50 of its markets. Gray Television is a television broadcast company headquartered in Atlanta, Georgia. Radio Television Digital News Association (RTDNA) awards 57 Regional Edward R. Murrow Awards for excellence in journalism to 26 Gray stations. Mr. Trump and his shared committees with the R.N.C. As part of the deal, stations KAQY, KHAS-TV, and KXJB, were proposed to be sold to Excalibur Broadcasting and operated by Gray under a "local marketing agreements". John T. Williams named President and Chief Executive Officer. Gray expects political advertisements for these two races will continue running through January 5, 2021, the date of the special elections. The Company closes the sale of WCAV-TV (CBS/FOX) and WVAW (ABC) and the purchase of WVIR-TV (NBC), all in Charlottesville, Virginia. From community outreach efforts to green initiatives, we are striving to make a meaningful difference in the world in which we live. Itself-Or any part up-for sale by the FCC on December 20,.! Regulatory approvals focused on local communities KSFY-TV will begin broadcasting from its new state-of-the-art... 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