how many stations does gray television own

We are very excited to welcome their dedicated journalists, account executives, and technologists to the Gray family. [67] Van Susteren departed the company for Newsmax TV in late 2022. Sinclair is already a behemoth of broadcast television right now, its 173 local TV stations reach 38 percent of US homes. The company bought Gulflink Communications, Inc., a transportable satellite uplink business based in Baton Rouge, Louisiana, in April 1997 to go along with Lynqx. The Company purchased KMVT-TV and KSVT-TV (Twin Falls, ID) from Neuhoff Media. Gray Televisions InvestigateTV receives two first place National Headliner Awards. A recent survey received more than 100 suggestions for valuable research. Mr. Robinson named Chairman and Chief Executive Officer, Hilton H. Howell, Jr. named Vice Chairman, Robert S. Prather named President and Chief Operating Officer, and James C. Ryan named Senior Vice President. Gray currently owns and/or operates television stations and leading digital properties in 94 television markets. Gray owns or operates 180 stations across 113 markets in the United States, ranging from as large as Atlanta, Georgia, to one of the smallest markets, North Platte, Nebraska. The Company announced that it was recognized with the Ad Councils 2017 Crystal Bell Award at Forward 2017, the Television Bureau of Advertisings (TVB) annual leadership conference in New York City. Gray Television Gray Television Last night, in a major coup, the Georgia-based Gray Television became the only television station group in Minnesota to broadcast a Minnesota governor's debate this year. Gray intends to finance the transaction, net of divestiture proceeds, with cash on hand and/or new debt. The justices said that the current ownership limits may be outdated since they were written in a pre-internet era. Atlanta-based Gray Television has reached a deal with Meredith Corp. to acquire 17 TV stations for $2.7 billion. The company issued and sold Class B common stock (through a public offering), senior subordinated notes and preferred stock in September. Gray has owned stations in Fargo and Sioux Falls since 2013 and in Eau Claire since 1998. Grays television stations cover approximately 24 [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. William Cory Labovitch is a political activist who lives in South St. Paul. The Albany Herald converted to a morning publication to serve better the needs of southwest Georgia. Sunday Worship June 25, 2023 | Stream CCLI #21810036 Googles GNI Innovation Challenge selects Gray as the only broadcast to receive funding by supporting a multi-platform journalism project focused on health disparities called Bridging the Great Health Divide Mississippi Delta and Appalachia.. They also named three other Gray stations as finalists for these prestigious awards. With the addition of these professionals and their stations, Gray will become a stronger company with an even larger platform of high quality television stations to better serve the public interest first., Many of our shareholders, board members and employees are descendants of two families who have been in the company for 95 years and in the media business for over 100 years. With Raycom Media acquiring a station from AFLAC Broadcast Group, Inc., forcing them to sell WITN-TV to Gray, which was finalized on August 1, 1997. LATE ENGR. RAYMOND ANTHONY ALEOGHO DOKPESI Most Relevant is selected, so some comments may have been filtered out. [33] In February 2019, Gray announced that award-winning journalist Greta Van Susteren joined the company as its Chief National Political Analyst. Upon closing the transaction, Gray will own television stations serving 102 television markets that collectively reach 25.4 percent of U.S. television households, including the No. The Company reaches an agreement with United Television to acquire WWNY-TV (CBS) and WNYF-TV (FOX) in Watertown, New York (DMA 178) and KEYC-TV (CBS/FOX) in Mankato, Minnesota (DMA 199). Gray's ownership of a newspaper and TV station in Albany, Georgia while grandfathered was examined under the Media cross-ownership rule of the FCC due to this potential purchase. [23][24], On July 24, 2014, SJL Broadcasting announced that it would sell WJRT-TV and WTVG to Gray, for $128million. The Company purchased fourteen television stations from Benedek Broadcasting: WMTV-TV (Madison, WI), WOWT-TV (Omaha, NE), KKTV-TV (Colorado Springs, CO), KAKE-TV (Wichita, KS), WIBW-TV (Topeka, KS), WIFR-TV (Rockford, IL), WILX-TV (Lansing, MI), WTVY-TV (Dothan, AL), WBKO-TV (Bowling Green, KY), WTOK-TV (Meridian, MS), WSAW-TV (Wausau, WI), WTAP-TV (Parkersburg, WV), WVAW-TV (Charlottesville, VA) and WHSV-TV (Harrisonburg, VA). It also acquired KTVE-TV (Monroe, LA/El Dorado, AK). Gray Television Company Profile - Office Locations, Competitors Gray Television The Company closed its acquisition of television stations from Schurz Communications, Inc. and related station acquisitions and divestitures with other counter-parties. The Company wins 57 Regional Edward R. Murrow Awards for excellence in journalism in 23 Markets. The Company closes the acquisition of KDLT-TV (NBC, Sioux Falls, South Dakota). ft. facility for KEVN and KOTA Stations in Rapid City, South Dakota. Essentially, these firms were able to increase their presence by buying what used to be considered undesirable stations in smaller television markets and UHF stations that were aligned with more minor television affiliates in bigger television markets. The Company also acquired Gulflink Communications, Inc., a satellite uplink service. Byron Allen s Allen Media has agreed to buy seven TV stations from Gray Television Inc. for $380 million in cash, the companies announced Thursday. The Company revives the daily tradition of airing the National Anthem by its stations each morning. First, it purchased the stations from the United Communications Corporations, which owned KEYC in Mankato. Those silent stations would then be sold off to minority interest, pending FCC approval. So how did Gray Television end up with such a catch? Gray and Meredith amend purchase agreement to increase purchase price to $2.825 billion and make certain other changes favorable to Gray. The Assembly Atlanta development is a 135-acre mixed-use real estate complex centered around the studio industry in Doraville, Georgia. The Company purchased Busse Broadcasting Corporation and its television stations, KOLN/KGIN-TV (Lincoln/Grand Island, NE) and WEAU-TV (Eau Claire, WI). And Gray? 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. [58] It is revealed that Allen Media Group would purchase WJRT-TV in Flint for $70 million. WebThe studio built in 2016 is adjacent to and will now be integrated into a studio and community development Gray is building in Doraville, about 20 minutes from Atlanta. The company was considered in 1996 by Fortune magazine as the 81st fastest growing company, having a 48% percent growth rate. The major roadblock for another round of shopping sprees is the Federal Communications Commissions national TV ownership rule, which allows a company to own stations serving no more than 39% of all U.S. TV households. Hugh E. Norton joined Gray's Board of Directors. 180 stations What is Gray TV? 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. [3][4], The company was then taken public on NASDAQ's small-cap market in the 2nd quarter 1992. [4][12], In 2002, Robinson became chairman and CEO, his son-in-law Hilton Howell vice chairman, Prather president/COO and Jim Ryan senior vice president. Gray completes its acquisition of Quincy Media and its sale of ten Quincy stations to Allen Media. The report, which covers calendar year 2022, describes Grays progress in many areas with focuses on our people, social impact, sustainable business operations, and responsible business practices. Mr. Deaver resigned from the Board of Directors. Is it right for one company to own so many stations in one region (and control The signature component of Assembly Atlanta development is the 43-acre Assembly Studios complex featuring soundstages, productions offices, warehouse and mill buildings, studio bungalows, event space, and parking decks. The Company terminated existing joint sales and services agreements with these stations and sold their licensed assets to Chang Media, Legacy Broadcasting, and MMB LLC. Gray is The following is a list of stations owned or operated by Gray Television. Forward looking statements are subject to certain risks, trends and uncertainties that could cause actual results and achievements to differ materially from those expressed in such forward looking statements. The Company changed its name to Gray Television, Inc. Ray Deaver, who formerly oversaw KWTX-TV, KBTX-TV, and KXII-TV joined Gray's Board of Directors. Gray expects that the Quincy transaction will be immediately accretive to Grays free cash flow per share. The following is a list of stations owned or operated by Gray Television. Then came the pandemic recession of 2020, which hit the advertising base of Merediths lifestyle titles especially hard. The Company purchased the operations other than the FCC licensed assets of six stations: KHAS-TV (Lincoln-Hastings, NE) from Hoak Media; KNDX-TV/KXND-TV (Minot-Bismarck, ND) from Prime Cities Broadcasting; KJCT-TV (Grand Junction, CO) from Excalibur Broadcasting; and KXJB-TV (Fargo, ND) and KAQY-TV (Monroe, LA) from Parker Broadcasting. Gray Television burst into the top tier of owners when it purchased Raycom in 2018 for $3.6 billion. About - Gray Television Recycled all the steel and rebar previously on the site. [66], The agreement ended without any further extensions on December 31, 2012, and Young agreed to a merger with Media General in mid-2013. Titan sub: Cramped vessel is operated by video game controller Variety is a part of Penske Media Corporation. The Company partners with Loyola University New Orleans School of Mass Communications to create a "Producer Incubator Lab.". The Company renewed essentially all of its affiliation agreements with the ABC, CBS, NBC, FOX, and CW networks. 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. Between the early 1990s and today, the company was transformed through strategic acquisitions and subtle, yet critical transitions. It also highlights the company's investments in necessary local journalism, award-winning investigative projects, community support, employee development, and expanding diversity in content, employment, and opportunities. This release reflects managements views as of the date hereof. Just months after doubling the Daily Post's staff, one third were laid off and a quarter of The Albany Herald's staff followed in January 1996. Gray announces sale of WJRT-TV (ABC) in Flint, Michigan to Allen Media for $70 million to facilitate its acquisition of Meredith Corporation. The focus has always been on serving our communities with the best in news, public service and community involvement. Publisher/Executive Director - Eugene, OR (97403), Web Design & Development Manager - OAKLAND, CA (94612), MAINTENANCE - ELECTRICIAN MECHANIC TECHNICIAN - Las Vegas, NV (89106), Digital and Audience Engagement Editor - Cambridge, MA (02138), Senior Associate Director, Rosalynn Carter Fellowships for Mental Health Journalism (RCJF) - Atlanta, GA (30307), Kansas City Media Collective Part-Time Project Manager - Kansas City, MO (64108), WGCL (CBS) / WPCH (Independent), Atlanta, Georgia, KPHO (CBS) / KTVK (Independent), Phoenix, Arizona, KPTV (FOX) / KPDX (MyNetwork), Portland, Oregon, WFSB (CBS), Hartford-New Haven, Connecticut, KCTV (CBS) / KSMO (MyNetwork), Kansas City, Missouri, WHNS (FOX), Greenville-Spartanburg, South Carolina, WGGB (ABC and FOX) / WSHM-LD (CBS), Springfield, Massachusetts. 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. The money wont be in hand for another six months. All Rights Reserved. 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". The Company reached an agreement with Diversified Communications to acquire WABI (CBS/CW) in Bangor, Maine and WCJB (ABC/CW) in Gainesville, Florida. Gray would eventually purchase KWQC and WBAY outright when Nexstar Broadcasting Group acquired Media General in 2017, as Nexstar already owned WHBF-TV and WFRV-TV in each market. Gray Televisions WVUE (FOX, New Orleans, Louisiana) receives three Sigma Delta Chi Awards from The Society of Professional Journalists. Gray owns or operates 180 stations across 113 markets in the United States, ranging from as large as WebGray Television, Inc. is an American publicly traded television broadcasting company based in Atlanta, Georgia. Gray contributed distribution and marketing capabilities, multicast knowledge and affiliate Gray TV stations. Except maybe not quite as adept in his just-as-dangerous talking points. The Company announced that KSFY-TV will begin broadcasting from its new downtown state-of-the-art Sioux Falls Studio. It is unknown whether Gray will eventually purchase a station in the Twin Cities. Same as the old guy. 3 Local TV Group", "Gray Receives Regulatory Approvals for Raycom Media and Divestiture Transactions", "Gray Completes Acquisitions for Raycom Media and Related Transactions", "Gray Teams With Grand Ole Opry On TV Network", "Circle TV Network Lineup Announced: Opry Live, Elizabeth Cook Series - Rolling Stone", "Gray Television Acquires Quincy Media For $925 Million In Cash", "Gray Television Closes Quincy Acquisition", "Gray TV company to remake former GM plant into Georgia's largest 'Studio City', "Former GM plant set to transform into massive film production site", "Gray Television purchases Doraville's Third Rail Studios for $27.5 million", "Gray Television to Acquire Meredith TV Stations for $2.7 Billion", "Allen Media Group Pays $70M To Acquire Gray Television's WJRT, An ABC Affiliate In Michigan", "Gray Television Closes On Acquisition of Meredith Corporations Local Media Group", "InvestigateTV's bet: If you build it, they will come", "News Magazine Program 'InvestigateTV+' Debuts In Fall", "Gray Sees Young Stations As Possible Buy", "Greta Van Susteren to Launch 'Full Court Press' for Gray Television", "Talking TV: Gray TV's Local News Live Upgrades To 2.0", sorted by primary channel network affiliations, https://en.wikipedia.org/w/index.php?title=Gray_Television&oldid=1161939381, 1946 establishments in Georgia (U.S. state), Companies listed on the New York Stock Exchange, Television broadcasting companies of the United States, Articles with dead external links from April 2019, Articles with permanently dead external links, Creative Commons Attribution-ShareAlike License 4.0, This page was last edited on 26 June 2023, at 00:20. Gray expands its Washington DC news team by adding senior journalist Jon Decker as Senior National Editor. Over time, these networks began to work on obtaining stations in higher tier markets. [25][26] The sale was completed on September 15. Gray Rick Edmonds is media business analyst for the Poynter Institute where he has done research and writing for the last fifteen years. Gray announces its acquisition of Meredith Corporations Local Media Group for $2.7 billion. Mr. Robinson resigned as Chief Executive Officer and continued as Chairman Emeritus. [28][29] It also purchased KCRG-TV in Cedar Rapids, Iowa from the locally owned Gazette Company, who owned the station from its sign-on in 1953. Gray reaches a Joint Venture Agreement with Opry Entertainment Group (Ryman Hospitality Properties) to create a premium content broadcast and OTT service focused on the Country Lifestyle. The Company announced the passing of its Chairman since 1993, Dr. Billy Mayher, III. Radio Television Digital News Association (RTDNA) awards 57 Regional Edward R. Murrow Awards for excellence in journalism to 26 Gray stations. The price per share dropped to $8. WebLike any news station, its high volume of work but this station overworks every department for very low pay compared to other stations in the market. [61] The program draws from an investigative unit formed at WVUE under Raycom ownership. Utilize solar powered trailers and fuel-efficient vehicles where possible to reduce carbon footprint. During that period, Gray Television divested all the newspapers and television stations that it owned prior to 1993 other than WJHG. [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 Company announced the passing of Second Founder J. Mack Robinson. Gray will become one of the top three local broadcasters (along with Sinclair and Nexstar) when the deal closes in the fourth quarter of this year. All our content comes from Wikipedia and under the Creative Commons Attribution-ShareAlike License. The parties later agreed to a settlement. The Company renewed over 250 retransmission consent agreements at year-end with no disruptions to local viewers. Gray partners with the Salvation Army to produce and broadcast Heal the Heartland to raise money for relief efforts around the massive Midwest tornado. Gray would also re-enter the Richmond market when it bought WWBT in 2019, following its merger with Raycom Media, and would also re-enter the Nashville market in 2021 with WSMV-TV after acquiring the television assets of Meredith Corporation.[45]. List of stations owned or operated by Gray Television - Detailed [20] On December 19, it was announced that stations KREX-TV and WMBB would be sold to Nexstar Broadcasting Group, while KFQX would be sold to Mission Broadcasting. Gray anticipates that its expected strong free cash flow generation throughout 2021 should allow Gray to continue to deleverage its capital structure following the closing. Gray announces its acquisition of Quincy Media, Inc. for $925 million. Senators and Representatives serving their communities. In September 2021, Gray Television purchased Doraville-based Third Rail Studios for $27.5 million. The Company purchased KOSA-TV (Odessa, TX) from Investment Company of America. policy like at Gray Television? How many The Company announces that Greta Van Susteren has joined Gray as Chief National Political Analyst. [13], The company had overpaid for a pair of stations and was over leveraged like many other station groups entering the Great Recession. Originating from Gray's Washington bureau is Local News Live, a hosted service of live breaking news and events from the 113 Gray television markets across the country, similar to LiveNOW from Fox (produced by Fox Television Stations) and The National Desk (produced by Sinclair Broadcast Group). I truly appreciate Gray and Quincy, two of the best broadcast groups in the business, working with us to acquire and transfer these amazing assets. Gray considered the possibility of purchasing the Young stations if the group went on the market. Upon the issuance of this press release, Wells Fargo Securities will begin a formal process to market the divestiture stations to qualified third parties. [3], Also in September 1996, Ralph Gabbard, the newly named president and CEO, died from a heart attack at age 50. Gray currently owns and/or operates television stations and leading digital properties in 94 television markets. 20:15:57 WebGray owns or operates 180 stations across 113 markets in the , ranging from as large as Atlanta, Georgia, to one of the smallest markets, North Platte, Nebraska ) indicates a
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