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. The Company announced the promotion of its five Senior Vice Presidents to new roles as Executive Vice Presidents. The Company and NBC enter into TV Everywhere Agreement, and the Company launches all of its CBS stations on the CBS All Access platform. No concrete was hauled off site or shipped to landfills. Want to explore some other great places to work in Atlanta, GA? The Company announced the opening of its Washington D.C. News Bureau. It also purchased WRDW-TV (Augusta, GA) and sold KTVE-TV (Monroe, LA/El Dorado, AK). 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. The company issued and sold Class B common stock (through a public offering), senior subordinated notes and preferred stock in September. The parties later agreed to a settlement. You can check out our full list of. And this growth is likely to persist. 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. [61], The agreement ended without any further extensions on December 31, 2012, and Young agreed to a merger with Media General in mid-2013. The show, R Management will handle it instead. The bureau was designed to provide enhanced coverage of national political issues for Gray's local stations. The Omaha area boasts an array of top attractions that can't be matched, from the World Famous Henry Doorly Zoo, to TD Ameritrade Park home of the NCAA Men's College World Series, and don't forget all of those fantastic award winning restaurants. [13], In 2006, the company spun off its five daily newspapers and wireless messaging business into the newly formed Triple Crown Media,[4][14] later (in 2010) renamed Southern Community Newspapers. This seesaw motion isn't random, it matches the election cycle. The Company purchased WQCW-TV (Charleston, WV) from Lockwood Broadcasting. The Company began providing sales and other services to KJCT-TV (Grand Junction, CO). Politics begins in local markets, Van Susteren said. 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. WASHINGTON Greta Van Susteren will launch a syndicated weekly show for Gray Television in September that will focus on the impact of politics and policy on local communities. Thank you for signing up to Broadcasting & Cable. We calculated the diversity score of companies by measuring multiple factors, including the ethnic background, gender identity, and language skills of their workforce. 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. Gray Television is ranked #13 on the Best Media Companies to Work For in Georgia list. Gray consummated its transformative transaction with Raycom Media, Inc., including the divestitures of nine television stations in overlap markets. Those silent stations would then be sold off to minority interest, pending FCC approval. Dress codes may also take the form of casual or professional, depending on the department at Gray Television. Concrete was crushed on site and reused as Graded Aggregate Base (GAB) under the roadways and new structure slabs. 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. The Company announced its purchase of all of the television and radio stations owned by Schurz Communications, Inc. In fact, the health category is pacing just slight behind auto. Gray Television is a television broadcast company headquartered in Atlanta, Georgia. The Company renewed over 250 retransmission consent agreements at year-end with no disruptions to local viewers. We understandTruth is neither politically left or right. Our commitment to factual reporting is the foundation of our credibility, now more than ever.. The entire downtown area has been re-imagined with top tier restaurants, shopping, bars, clubs and a variety of art galleries. The data presented on this page does not represent the view of Gray Television and its employees or that of Zippia. 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. The Company announced the promotion of seven Vice Presidents to Senior Vice President, thirteen individuals to Vice President and six additional individuals to new officer positions. Gray Television has never seen spending start earlier than we did for the 2020 cycle, he added, citing ad buys in Maine for Senator Susan Collins reelection effort a full year before the general election. He also pointed to the first order (albeit a small one) from Democratic primary hopeful Tom Steyer in February 2019. Additionally, the FCC incentive auction starts in 2016 and the current valuation assigns no value to the spectrum assets. 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. The 2016 presidential primary and general election brought in upwards of $100 million on political ads in broadcast and cable television in New England markets. Youll see the pie continue to grow. The lack of work/life balance & the overall culture of the specific newsroom I worked in. Subsidiaries to Gray Television include KY3. The Company announced the passing of Second Founder J. Mack Robinson. Gray announces sale of WJRT-TV (ABC) in Flint, Michigan to Allen Media for $70 million to facilitate its acquisition of Meredith Corporation. The price per share dropped to $8. We are business leaders in our local economies and servant leaders in our communities. The Company announced record-setting audience rankings during the November 2017 sweeps period conducted by the Nielsen Company. Mr. Robinson did not stand for re-election to the Board. To stay at the top we need to work hard every day and hire the right people. But thats precisely why some staffers were so troubled by it. [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. [3], In 1996, Gray added additional TV stations while entering additional communication industry segments. [13] On November 4, 2013, Gray Television announced that it would purchase Yellowstone Holdings for $23million, adding local stations: KGNS-TV, KGWN, KCWY, and KCHY-LP. Report of unscheduled material events or corporate event. Gray honored with eight National Edward R. Murrow Awards for excellence in journalism by RTDNA. While our footprint is expanding, we remain committed to keeping news local and doing what we can to ensure our stations continue to remain fixtures in their communities. $21,800 to the Republican Party. []At the end of the promo, viewers are encouraged to send in feedback if you believe our coverage is unfair. The instructions say that corporate will monitor the comments and send replies to your audience on your behalf. In other words, local stations are cut out of the interactions with viewers. Comparing 2012 to 2008 (the last two presidential elections), we can see that Gray grew ad dollars by 77%, and comparing 2014 to 2010, we can see they grew in non-presidential years by 42%. In reality, this management team has done a great job of completing accretive M&A over the years (already moving from 6% to 8% of US households covered). 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. Gray announces the initiation of a quarterly cash dividend, the first since the Great Recession. And Gray has been introducing its sales training throughout the newly acquired Meredith stations as it did previously with the former Quincy Media stations. His summary confirmed earlier reports on the extraordinary reliance on broadcast political advertising this year, even with the impact of early voting in many states. Governor Miller resigned from the Board of Directors. You will receive a verification email shortly. The Company launched a new logo, website, and mission statement, establishing for itself a new brand of excellence and localism based on the strength of its employees. 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 . Fortune Magazine announced that Gray Television ranked 96th in its ranking of the Top 100 Fastest Growing Companies in the World for 2017. 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. Gray contributed distribution and marketing capabilities, multicast knowledge and affiliate Gray TV stations. 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. 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. Bull Run Corporation, primarily owned by J. Mack Robinson, decided to make Gray a Southeast regional media company, expanding its focus beyond the state of Georgia. The twin problems caused its shares to trade at its lowest at 16 cents in 2008, thus the NYSE indicated they might delist the company. Gray Televisions Chairman and CEO, Hilton H. Howell, Jr. is named Broadcast & Cables Broadcaster of the Year (2019). Please disable your ad-blocker and refresh. Gray Televisions InvestigateTV receives two first place National Headliner Awards. Grays television stations raise $12.6 million in donations benefiting local residents and local organizations in need during March and April 2020. Gray Television is a group of inspired innovators and thought leaders in the television industry. This eliminated the need to use additional of concrete, plastics and metal structures and minimizes the amount of maintenance and repairs that are typical of an underground system. The company drug screens all potential hires during the pre-employment period, once a job offer has been made. We are committed to working hard to reduce the construction's impact on the environment. The plan included Gray Television coming in as an outside party to advise on the operations of Young-owned stations in seven markets through December 2012. And the Federal Communications Commission makes the rules. There are many outstanding restaurants and local festivals throughout the year. [3], With its additional funds, Gray continued purchasing in 1997 with two announcements in January and February. ft. facility for KEVN and KOTA Stations in Rapid City, South Dakota. Gray is the largest owner of top-rated local television stations and digital assets in the United States ("U.S."). 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. Harriett J. Robinson joined the Board of Directors. Concurrent with the Benedek acquisition, Gray acquired KOLO-TV (Reno, NV) from Smith Television Group, T.L. 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). 1897 Several recipients of Nexstar donations, including Sens. Please refresh the page and try again. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. Gray owns local television station and leading digital platforms serving the local markets of Savannah, Augusta, Albany, Columbus, and Thomasville, Georgia. The Company launches a syndicated Weekend Political Show Full Court Press with Greta Van Susteren. Gary was founder/editor/publisher of Interactivity Report, TeleServices Report and other influential newsletters; he was the longtime curmudgeon columnist for Multichannel News as well as a regular contributor to AdMap, Washington Technology and Telecommunications Reports. Help us make this company more transparent. The Company wins 57 Regional Edward R. Murrow Awards for excellence in journalism in 23 Markets. The political feat in 2020 was fueled by presidential primary spending in Iowa, New Hampshire, South Carolina, Nevada and Super Tuesday states all places where Gray has a big presence. raised $80 million online during that period; Ms. Loeffler and Mr. Perdue combined for closer to $75 million. [54], In March 2021, Gray Television revealed plans to purchase a shuttered General Motors plant in Atlanta suburb Doraville, Georgia and transform the site into a media production community called Assembly. The Company revives the daily tradition of airing the National Anthem by its stations each morning. The Board of Directors unanimously voted to expand the Board by one seat and elected Richard B. Hare as a Director to fill that position. It was founded way back in 1897. Collaborate with our long-term tenant to monitor in real time critical infrastructure, HVAC, and power systems to reduce waste. Help other job seekers by rating Gray Television. TV-news veteran Greta Van Susteren has joined Gray Television as a national political analyst who will provide news operations at the company's TV stations with . Attending the Trump administrations effort to court and spark local TV news markets were reporters from Hearst, Scripps, Cox, Nexstar, and naturally, Sinclair. 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. Broadcasting+Cable is part of Future US Inc, an international media group and leading digital publisher. Gray announces significant expansion to National Investigative Team. 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. Im going to reach their voters.. The Company purchased Yellowstone Television stations KGNS-TV (Laredo, TX), KGWN-TV/KSTF-TV and KCHY-LP (Cheyenne, WY) and KCWY-TV (Casper, WY). [40][41], On May 21, 2018, Gray Television entered into an agreement to acquire KNHL from Legacy Broadcasting for $475,000. James H. Gray, Jr. resigned as President and surgeon William E. Mayher, III joined Gray's Board of Directors. Gray announces its acquisition of Meredith Corporations Local Media Group for $2.7 billion. [3][4], The company was then taken public on NASDAQ's small-cap market in the 2nd quarter 1992. If we take that $152 and gross it up for have 33% more household coverage, they have the potential to earn over $200 million of political revenue. Our new travel and tourism team is also making meaningful contributions to our sales efforts, said LaPlatney. The Companys television stations create an online Local Business Directory for thousands of local companies who remain open for business. Gray Television (NYSE: GTN and GTN.A) is a leading digital media and broadcasting company, owning and operating top ranking local news stations, digital and mobile platforms in 57 markets across . [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. 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. Have you worked at Gray Television? The Company acquired WITN-TV (Greenville-Washington-New Bern, NC). Commenting in an interview early this year on how he thought President Trump might weather the Mueller investigation, former White House Counsel John Dean (of Watergate notoriety) observed: I think theres more likelihood (Nixon) might have survived if thered been a Fox News. The implication, of course, is that with the backing of Fox News or another powerful national media propaganda outlet even Richard Nixon, how ever damaged and corrupt as a leader, could have clung to power. 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? The services would consist of a broadcast diginet and an OTT streaming platform. I think it will likely rival, if not exceed, any previous presidential election, the CEO said. [49][50], Gray announced on April 24, 2019, a joint venture with Grand Ole Opry Entertainment Group, a subsidiary of Ryman Hospitality Properties, a former owner of The Nashville Network. Gray expands its Washington DC news team adding two senior journalists - Jon Decker joins as Senior National Editor and White House Correspondent and investigative reporter Sandra Jones joins Investigate TV. The Company renewed essentially all of its affiliation agreements with the ABC, CBS, NBC, FOX, and CW networks. Hilton Howell donated 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. Now Sinclair has tailored promotional spots for its almost 200 local news outlets that seem to mirror parts of Trumps oft repeated bogus fake news claims. Total 2016 revenue could be as much as $654 million. Assume the current net income margin of 10% holds, you get net income of $65 million. I felt like that job gave me very important skills that Ill take with me in every job to come & be extremely valuable for. (January 2nd, 2019). AP Photo/Charles Dharapak, File. They seem to do a good job building team chemistry and my coworkers seem like nice people. large risk for cable companies or cable media companies but Gray will continue to capture these households whether it's through retransmission or directly through an antenna. 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. In this Gray TV guide to political ads, we'll break down the federal rules on political advertising. Gray Television ( NYSE: GTN, NYSE: GTN.A) is a television broadcast company based in Atlanta. . I think its going to be a gargantuan year in this mid-year election. 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. Mr. Deaver resigned from the Board of Directors. [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. I am not receiving compensation for it (other than from Seeking Alpha). [3][4], New management was put in place at all three TV stations. The Company reached an agreement with Diversified Communications to acquire WABI (CBS/CW) in Bangor, Maine and WCJB (ABC/CW) in Gainesville, Florida. Compared to the last midterms, which occurred in 2018, Gray's management team was estimating that they would bring in roughly $575 million in political advertising in 2022, which was an increase . The Company agrees to acquire WVIR (NBC) in Charlottesville, Virginia, and to divest television stations WCAV (CBS/FOX) and WVAW (ABC) in that market. Best Companies to Work For in Atlanta, GA, Best Media Companies to Work For in Georgia, Best Media Companies to Work For in Atlanta, GA. What Is The Dress Code At Gray Television? The Company changed its name to Gray Communications Systems, Inc. and launched an initial public stock offering . The Company launches a syndicated Weekend Political Show "Full Court Press" with Greta Van Susteren. Gray Television Chairman-CEO Hilton Howell was upbeat, to say the least, when describing the outlook for political ad spending this year. [The Mueller investigation later vigorously denied the claim in a court filing]. In September 1996 a basket purchase from First American Media, Inc., Gray got two TV stations (WCTV and WVLT-TV), Satellite and Production Business Services, which was renamed Lynqx Communications and PortaPhone paging business. Gray launched WALB-TV in 1954. Gray and Meredith amend purchase agreement to increase purchase price to $2.825 billion and make certain other changes favorable to Gray. Sinclair Broadcasting, the largest owner of local TV stations in the U.S., is widely known as a champion of right-wing GOP causes. Gray, The Grand Ole Opry and Circle Network partner for live Opry broadcasts to raise money for Feeding America. 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. Gray is the nations second largest television broadcaster, with television stations serving 113 markets that reach approximately 36 percent of US television households. Wells Fargo provided a valuation analysis for Sinclair's spectrum. Gray purchases Third Rail Studios in Doraville, Georgia. The Company closed its acquisition of television stations from Schurz Communications, Inc. and related station acquisitions and divestitures with other counter-parties. "The television station portfolios . The 2016 presidential primary and general election brought in upwards of $100 million on political ads in broadcast and cable television in New England markets. Gray partners with the Salvation Army to produce and broadcast Heal the Heartland to raise money for relief efforts around the massive Midwest tornado. Meridian, MS is a place people love to call home. To ensure this doesnt happen in the future, please enable Javascript and cookies in your browser. Gray Television competitors include Nexstar Media Group, KY3, KESQ, WTOP News, Media Production, WBOC TV16, KKTV 11 News, WLUK-TV FOX 11, WSOC-TV, WTHR-TV, WKTV, KOTA Territory News, KCBD, WBKO, Kndu-tv, WJTV, Landmark Community Newspapers, Inc., WEVV 44News, WDBJ7, KPTV Fox 12 Oregon. Gray names Bob Smith as Chief Operating Officer and Nick Waller as its Chief Administrative Officer. Zippia's Best Places to Work lists provide unbiased, data-based evaluations of companies. [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. And not to be paranoid but its worth being watchful of our neighbor states media scene. The current share price is valuing the existing business and assigns no value to future deals. Gray Television, Inc. is an American publicly traded television broadcasting company based in Atlanta, Georgia. Total revenue has increased 88% from 2009 to 2014 in almost a straight line. 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.. WCAXs catch phrase was once Vermonts Own News station but no more. 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