Van Susteren told The LA Times: [] she expects Grays geographical reach to help in booking presidential candidates to appear on the program. On January 2, 2019, Gray Television completed its acquisition of Raycom, transforming it from a small, regional broadcaster to a leading media company with nationwide scale. Gray had started to focus on its TV station segment over the newspaper holding while TV produced more income and the newspapers' income were declining. Raycom Media, an employee-owned company, is one of the nation's largest privately-owned local media companies and owns and/or provides services for 65 television stations and 2 radio stations in 44 markets located in 20 states. Gray Television generates $2.1B in revenue. The Company purchased KMVT-TV and KSVT-TV (Twin Falls, ID) from Neuhoff Media. The Company began providing sales and other services to KJCT-TV (Grand Junction, CO). " THANK YOU!! The Company purchased WNDU-TV (South Bend, IN) from the University of Notre Dame. The Company also sold WALB-TV (Albany, GA). The Company announced the passing of Second Founder J. Mack Robinson. The Company revives the daily tradition of airing the National Anthem by its stations each morning. One of Sinclairs local anchors who remained anonymous for fear of retribution told CNN: I felt like a POW recording a message, [] On its face, some of the language is not controversial. Looking first at non-political advertising revenue, it has grown at a steady rate every year since 2009: This segment is somewhat sensitive to the economy but overall has been a GDP+ type growth story (2014 is higher because of acquisitions). I/we have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. If approved, Gray would sell WJRT-TV to acquire competing station WNEM-TV, owned by Meredith. Gray Television employees are most likely to be members of the Republican Party. They also don't face any re-contracting risk in 2015 or 2016. The Company acquired daily newspapers The Rockdale Citizen (Conyers, GA) and The Newton Citizen (Newton County, GA), plus four weekly advertising shoppers and a weekly newspaper in southwest Georgia. Gray Television is a television broadcast company headquartered in Atlanta, Georgia. CNN reports: The promos begin with one or two anchors introducing themselves and saying Im [we are] extremely proud of the quality, balanced journalism that [proper news brand name of local station] produces. WCAX/Gray TVs Greta Van Susteren: I am now the local media.. Several recipients of Nexstar donations, including Sens. [3][4], New management was put in place at all three TV stations. 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. 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. [57], On May 3, 2021, Gray announced plans to buy the television division of Meredith Corporation for $2.7 billion. 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. The twin cities have a unique small town feeling, but offers big city amenities, including a vibrant arts community, a city-wide, all-terrain trail system and world-class dining and nightlife. Gray Television, Inc. is an American publicly traded television broadcasting company based in Atlanta, Georgia. The Company announced record-setting audience rankings during the November 2017 sweeps period conducted by the Nielsen Company. Gray launched WALB-TV in 1954. Gray leads fundraising round for Texas-based Envy Gaming. The Company renewed essentially all of its affiliation agreements with the ABC, CBS, NBC, FOX, and CW networks. Sinclairs political bent has been a factor in its pending acquisition of Tribune Media. Advertising revenues dropped. The Company changed its name to Gray Communications Systems, Inc. and launched an initial public stock offering . While mostly unnoticed until now, after getting the rights to broadcast the gubernatorial debate, it may not go unnoticed . Founded in 1946 by James Harrison Gray as Gray Communications Systems, the company owns or operates 180 stations across the United States in 113 markets. The National Association of Broadcasting Educational Foundation chose Gray's WJRT (ABC) in Flint, Michigan, as the winner of its 2018 Service to Community Award in the Media Market category and WCTV (CBS) in Tallahassee, Florida, as the winner in the Small Market category. Gray partners with the Salvation Army to produce and broadcast Heal the Heartland to raise money for relief efforts around the massive Midwest tornado. The Company closed its acquisition of television stations from Schurz Communications, Inc. and related station acquisitions and divestitures with other counter-parties. 1897 Gray Television is a television broadcast company headquartered in Atlanta, Georgia. "The television station portfolios . LaPlatney said that Gray TV is fully committed to the 3.0 rollout, but because many of its stations are in smaller markets, it may be a while before the service debuts throughout its footprint. Gray Television is a group of inspired innovators and thought leaders in the television industry. Harriett J. Robinson joined the Board of Directors. Our new travel and tourism team is also making meaningful contributions to our sales efforts, said LaPlatney. [23][24], On July 24, 2014, SJL Broadcasting announced that it would sell WJRT-TV and WTVG to Gray, for $128million. If you continue to use this site we will assume that you are happy with it. [3], With its additional funds, Gray continued purchasing in 1997 with two announcements in January and February. I think its going to be a gargantuan year in this mid-year election. But Im [we are] concerned about the troubling trend of irresponsible, one sided news storiesplaguing our country., The sharing ofbiased and falsenews has becomeall toocommon on social media, the script says. Wells Fargo provided a valuation analysis for Sinclair's spectrum. Gray Televisions InvestigateTV receives two first place National Headliner Awards. Gray currently owns and/or operates television stations and leading digital properties in 113 television markets that collectively reach . And now Full Court Press here in Vermont with a little bit of FoxNews is going to get a share this fall for Gray Television. Gray Television may also be known as or be related to Gray Communications Systems, Inc., Gray TV, Gray Television, Gray Television Inc, Gray Television Inc. and Gray Television, Inc. WOWT is a modern facility equipped with state of the art technology, and with our leading broadcast news we provide award winning local news coverage, dedicated community service, and effective marketing solutions for area businesses. Robin R. Howell joined Board of Directors. The National Association of Broadcasters Education Foundation (NABEF) selected KWTX-TV (CBS) in Waco, Texas, and KOLO-TV (ABC) in Reno, Nevada, to receive two of the three annual Service to America Awards. To stay at the top we need to work hard every day and hire the right people. Gray then announced in April 2019 Greta Van Susteren as host of a Sunday morning syndicated show, Full Court Press with Greta Van Susteren, which was launched in September 2019.[62]. 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. [32][33], On May 13, 2016, Gray announced that it would acquire WDTV and WVFX in Clarksburg, West Virginia from Withers Broadcasting for $26.5million. Gray Television, Inc. In this Gray TV guide to political ads, we'll break down the federal rules on political advertising. Jacqueline Policastro, the Washington bureau chief for Gray Television, was among those at a special White House dinner after Trump addressed Congress last year. [59] The sale was completed on December 1. The Company closes the sale of WCAV-TV (CBS/FOX) and WVAW (ABC) and the purchase of WVIR-TV (NBC), all in Charlottesville, Virginia. Grays Raycom Sports launches Origin Sports Network on the Roku Channel in Canada and XUMO in the United States. Even so, the original tweet, which had accumulated thousands of retweets, remained up and continued to be shared. But that's probably not the whole story. 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". Their corporate memo to local stations dictates the promo be scheduled to create maximum reach and frequency.. The Company announced that it anticipated receiving $90,824,000 in proceeds resulting from the Federal Communications Commissions reverse auction for broadcast spectrum. Have you worked at Gray Television? The Company wins 19 Regional Edward R. Murrow Awards for excellence in journalism. | Source: I am not receiving compensation for it (other than from Seeking Alpha). raised $80 million online during that period; Ms. Loeffler and Mr. Perdue combined for closer to $75 million. While the number of people opting not to pay for television continues to increase, this hasn't impacted Gray as these viewers are simply moving from cable to antenna. And not to be paranoid but its worth being watchful of our neighbor states media scene. The employee data is based on information from people who have self-reported their past or current employments at Gray Television. Report of unscheduled material events or corporate event. Senators and Representatives serving their communities. After the spinoff, the total enterprise value of the transaction for Gray will be $2.7 billion. The Company purchased KEVN-TV/KIVV-TV (Rapid City, SD) from Mission TV, LLC. They also paid me extremely poorly and never wanted to talk about a raise. [53] Gray's acquisition of Quincy Media was completed on August 2. Gray intended to turn KNHL into a satellite of its NBC affiliate KSNB-TV. Future US, Inc. Full 7th Floor, 130 West 42nd Street, On January 2, 2019, Gray Television completed its acquisition of Raycom, transforming it from a small, regional broadcaster to a leading media company with nationwide scale. The Company closes the acquisition of KDLT-TV (NBC, Sioux Falls, South Dakota). FOX CAROLINAS GIVE BLOOD CAROLINA MAKES A BIG DIFFERENCE FOR LOCAL PATIENTS AND THE RED CROSS! The Company acquired WJDM-TV (Panama City, FL) and changed the call letters to WJHG-TV to complement Mr. Gray's initials. 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. Require all tenants to utilize studio driven green initiatives across all their productions. Political advertising will be a big boost to EPS. Our staff is truly a family that works together to continue the tradition of excellence that defines WTOK and our community. Gray announces its acquisition of Meredith Corporations Local Media Group for $2.7 billion. Omaha is a cultural gem right in the middle of the country. John Dean (of Watergate notoriety) observed. Gray also owns video program production, marketing, and digital businesses including Raycom Sports, Tupelo Honey, and RTM Studios, the producer of PowerNation programs and content, and is the majority owner of Swirl Films. Those silent stations would then be sold off to minority interest, pending FCC approval. Hall of Fame Resort & Entertainment Company and Grays Tupelo Honey announce the formation of a media partnership to produce the unscripted series INSPIRED: Heroes of Change.. Gray is a well run-business with a number of near-term tailwinds. The community has an amazing musical and artistic history that combines the best of a small town atmosphere with the amenities of a much larger city. Assume the current net income margin of 10% holds, you get net income of $65 million. 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. 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. Rankings are based on government and proprietary data on salaries, company financial health, and employee diversity. Politicians buy ad time to help them . He writes regularly about trends and media/marketing for the Consumer Technology Association's i3 magazine plus several blogs. The acquisition of Raycom completes Grays transformation from a small, regional broadcaster to a leading media company with nationwide scale based on high-quality stations with exceptional talent in attractive markets. [61], The agreement ended without any further extensions on December 31, 2012, and Young agreed to a merger with Media General in mid-2013. Gray Television is a group of inspired innovators and thought leaders in the television industry. More recently Media Matters reported something more problematic : With one terrible tweet, Greta Van Susteren helped fuel a conspiracy theory that made its way to the president, who repeated it within hours, On Twitter, former Fox News and MSNBC host Greta Van Susteren tweeted that the FBI obviously tipped off CNN, adding that even if you dont like Stone, it is curious why Muellers office tipped off CNN., Nearly three hours later, Van Susteren conceded that she might be wrong about CNN acting on a tip. 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