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. 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. 1897 [3], In 1994 and 1995, Gray purchased two newspapers, the Rockdale Citizen (acquired May 31, 1994) and Gwinnett Post-Tribune (acquired January 1995; quickly renamed Gwinnett Daily Post) and seven advertising weeklies. The Company launches a syndicated Weekend Political Show "Full Court Press" with Greta Van Susteren. Report of unscheduled material events or corporate event. Gray Television's roots begin in January 1891 with the creation of the Albany Herald in Albany, Georgia. [13], The company had overpaid for a pair of stations and was over leveraged like many other station groups entering the Great Recession. Gray Television's mission statement is "To include the capability of tuning and decoding over-the-air digital signals by 2007.". 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. James C. Ryan, formerly CFO of Busse Broadcasting Corporation, named Vice President and Chief Financial Officer. The Company closes the acquisition of KDLT-TV (NBC, Sioux Falls, South Dakota). 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 purchased KCRG-TV (Cedar Rapids, IA) from The Gazette Company. The Company and NBC enter into TV Everywhere Agreement, and the Company launches all of its CBS stations on the CBS All Access platform. Gray Television ( NYSE: GTN, NYSE: GTN.A) is a television broadcast company based in Atlanta. InvestigateTV was launched in 2018 and provides innovative, original journalism from a dedicated investigative team and key partners. . Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. Vermonts own little TV station, WCAX, formerly locally owned and managed, was scooped up last year not by Sinclair but by Gray Television. 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. Not to be outdone are the fans of our hockey team, the Toledo Walleye. And not to be paranoid but its worth being watchful of our neighbor states media scene. Didn't like having to work most holidays. Gray and Meredith amend purchase agreement to increase purchase price to $2.825 billion and make certain other changes favorable to Gray. Gray Television is ranked #13 on the Best Media Companies to Work For in Georgia list. At Fox, Van Susteren once wondered if the government was wasting our tax dollars at NASA because of the long delay getting satellite images from Pluto back to Earth. 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. Afsaneh Beschloss, NPR Board of. The Company purchased WAGM-TV (Presque, ME) from NEPSK, Inc. In May 2017 the station became part of Gray Television, a large corporation based in Atlanta, GA, with 144 local TV stations covering 10.4% of U.S. households. During 2020, Gray's stations were ranked first in 70 markets, and ranked first and/or second in 86 markets, as calculated by Comscores audience measurement service. I consent the use of my personal data in accordance with Future's. Good foot in the door to broadcasting. NY 10036. Robinson, Robert S. Prather, and Hilton H. Howell, Jr. joined Gray's 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. 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. Zippia's Best Places to Work lists provide unbiased, data-based evaluations of companies. I have no business relationship with any company whose stock is mentioned in this article. In 1960, Gray purchased WJHG-TV in Panama City, Florida, and followed it later in the decade with KTVE serving Monroe, Louisiana and southern Arkansas. Kevin Latek, Nick Waller, Bob Smith, and Jason Effinger named Senior Vice Presidents. The Company began providing sales and other services to KJCT-TV (Grand Junction, CO). 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. 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. From community outreach efforts to green initiatives, we are striving to make a meaningful difference in the world in which we live. In this Gray TV guide to political ads, we'll break down the federal rules on political advertising. The Company renewed essentially all of its affiliation agreements with the ABC, CBS, NBC, FOX, and CW networks. . 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. 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 Company moved to the New York Stock Exchange (NYSE), trading under the symbol GCS. And of course, the four year cycle is different than the two year cycle. They also named three other Gray stations as finalists for these prestigious awards. 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. Governor Miller resigned from the Board of Directors. We have a strong and influential leadership team that empowers each member of our company to grow, thrive and deliver positive impact to those around us. The employee data is based on information from people who have self-reported their past or current employments at Gray Television. I enjoy the people I've worked with and come across. Health Care, Dental Care, & Free Parking (if in the city). Atlanta, April 08, 2019 (GLOBE NEWSWIRE) -- Gray Television, Inc. ("Gray," "we," or "our") (NYSE: GTN) announced today that it will launch a new weekly program this September called "Full. The company drug screens all potential hires during the pre-employment period, once a job offer has been made. I am not receiving compensation for it (other than from Seeking Alpha). We use cookies to ensure that we give you the best experience on our website. Gray owns local television station and leading digital platforms serving the local markets of Savannah, Augusta, Albany, Columbus, and Thomasville, Georgia. I think its going to be a gargantuan year in this mid-year election. The smarter way to stay on top of broadcasting and cable industry. [19] Three weeks later, on November 20, Gray announced it would purchase Hoak Media and Parker Broadcasting for $335million, and North Dakota's Fox affiliate KNDX/KXND for $7.5million. Wells Fargo provided a valuation analysis for Sinclair's spectrum. The Company acquired WJDM-TV (Panama City, FL) and changed the call letters to WJHG-TV to complement Mr. Gray's initials. 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. In 1991, to break the stalemate, the board of directors had the company purchase 25% of their shares. 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. Newspaper leaders resigned during this periodfrom the corporate president in late 1995 to the Citizens' editor and publisher. Please disable your ad-blocker and refresh. 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. Omaha is a cultural gem right in the middle of the country. We are business leaders in our local economies and servant leaders in our communities. The Company selected by TVNewsCheck as "2016 Station Group of the Year". 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. Gray partners with the Salvation Army to produce and broadcast Lift Up Louisiana to raise money for Hurricane Ida relief efforts. 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. If approved, Gray would sell WJRT-TV to acquire competing station WNEM-TV, owned by Meredith. This fall, just in time for the 2020 presidential race, Gray-owned stations will begin airing Full Court Press, a Sunday public-affairs program featuring FoxNews veteran Greta Van Susteren. The new Young Broadcasting still held the final say on overall operations for their stations, including programming and personnel.[16][18]. Robinson, Bull Run's chair, took over as interim CEO and president with Bull Run CEO Robert Prather as interim executive vice-president, acquisitions. raised $80 million online during that period; Ms. Loeffler and Mr. Perdue combined for closer to $75 million. Work from Nielsen shows this mid-single-digit growth continuing. More alarming,national media outlets are publishing these samefake storieswithout checking facts first. 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. This time-proven company loves to hire graduates from Florida State University, with 12.8% of its employees having attended Florida State University. Bryan and College Station are routinely recognized as a leader in quality of life and as one of the fastest growing communities in the country. The Company revives the daily tradition of airing the National Anthem by its stations each morning. The Company agrees to acquire WVIR (NBC) in Charlottesville, Virginia, and to divest television stations WCAV (CBS/FOX) and WVAW (ABC) in that market. 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. 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. Jon Decker White House Correspondent and Senior National Editor. The Company changed its name to Gray Communications Systems, Inc. and launched an initial public stock offering . During that period, Gray Television divested all the newspapers and television stations that it owned prior to 1993 other than WJHG. But thats precisely why some staffers were so troubled by it. The Company wins 57 Regional Edward R. Murrow Awards for excellence in journalism in 23 Markets. We are working hard as a company to reduce our carbon footprint on the planet. Broadcast TV stations rely on advertising to make money. Please refresh the page and try again. * To subscribe, you must consent to Futures privacy policy. Gray Television's roots begin in January 1891 with the creation of the Albany Herald in Albany, Georgia. Gray completes its acquisition of Quincy Media and its sale of ten Quincy stations to Allen Media. Gray forms a new sales and sponsorship entity called Gray Sports + Entertainment Sales. Unfortunately,some members of the national mediaare using their platforms to push their own personal bias and agenda to control exactly what people think This isextremelydangerous to our democracy., Then the anchors are supposed to strike a more positive tone and say that their local station pursues the truth. The Company subsequently announced the divestiture of all the radio stations and certain television stations to facilitate regulatory approvals. A large media company with 8,018 employees and an annual revenue of $2.1B, Gray Television is headquartered in Atlanta, GA. To include the capability of tuning and decoding over-the-air digital signals by 2007. Politicians buy ad time to help them reach voters. Focusing on the four largest segments of the pie, local, national and political refer to advertising dollars. In addition, Ralph W. Gabbard became the Company's President and CEO. Gray, The Grand Ole Opry and Circle Network partner for live Opry broadcasts to raise money for Feeding America. The Company acquired WITN-TV (Greenville-Washington-New Bern, NC). Meeting new people in the reporting area of the business. Gary has taught media-focused courses on the adjunct faculties at George Mason University and American University and has guest-lectured at MIT, Harvard, UCLA, University of Southern California and Northwestern University and at countless media, marketing and technology industry events. 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? (January 2nd, 2019). In addition to network diversification, the business is also well diversified by source of revenue.
The Company acquired WKYT-TV (Lexington, KY) and WYMT-TV (Hazard, KY), at which time their General Manager, Ralph W. Gabbard, joined Gray as Vice President and Chief Operating Officer. Hilton H. Howell, Jr. named Chief Executive Officer. Those silent stations would then be sold off to minority interest, pending FCC approval. Latek had earlier spelled out just how much political demand is up this year. The Company opens a significantly remodeled, state-of-the-art facility for KNOE-TV (CBS, ABC) in Monroe, Louisiana. 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 reached an agreement with Mt. The transaction completes Gray's 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. Gray is a well run-business with a number of near-term tailwinds. Gray is the nations second largest television broadcaster, with television stations serving 113 markets that reach approximately 36 percent of US television households. "The television station portfolios . As a result, Grays total net political revenue for the calendar year 2020 will exceed the $400 million level that was crossed yesterday. I felt like that job gave me very important skills that Ill take with me in every job to come & be extremely valuable for. Gray Television, Inc. is a broadcast company headquartered in Atlanta, Georgia. Its not only Fox News that covers Trumps back. 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. FOX CAROLINAS GIVE BLOOD CAROLINA MAKES A BIG DIFFERENCE FOR LOCAL PATIENTS AND THE RED CROSS! [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 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. The Board of Directors unanimously voted to expand the Board by one seat and elected Luis A. Garcia as a Director to fill that position. Ballots will include all 435. I have no business relationship with any company whose stock is mentioned in this article. These records will be broken in 2024, he predicted, but he admitted, It hard for me to put that into context.. 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. The Company entered the television business when it constructed WALB-TV (Albany, GA) to complement its radio station, WALB(AM). [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. [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. 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 . Meanwhile, though, Gray has added more local news programs in many markets, effective April 1, as three syndicated shows came to an end. Layoffs hit the WCAX newsroom about a year later. We support local community interests by providing quality television broadcasting and exceptional service in each market we serve. None of the information on this page has been provided or approved by Gray Television.
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. [35][36] At that time, Gray had already acquired Sioux Falls rival station KSFY. And the Federal Communications Commission makes the rules. [45] The sale was approved by the FCC on December 20, 2018. We are committed to working hard to reduce the construction's impact on the environment. Gray closes Hoak deal; completes refinancing. Gray consummated its transformative transaction with Raycom Media, Inc., including the divestitures of nine television stations in overlap markets. Gray is the largest owner of top-rated local television stations and digital assets in the United States ("U.S."). Recycled all the steel and rebar previously on the site. Gray COO Bob Smith noted that there was already some displacement of regular advertisers by political spots in the first quarter. Rankings are based on government and proprietary data on salaries, company financial health, and employee diversity. The Company launched start-up station WCAV-TV in Charlottesville, VA. Former U.S. Gray launches its first NextGen TV (ATSC 3.0) station in Tallahassee, Florida. 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. We understandTruth is neither politically left or right. Our commitment to factual reporting is the foundation of our credibility, now more than ever.. Gray Television, Inc. announced today that its Board of Directors has authorized a quarterly cash dividend of $0.08 per share of its common stock and Class A common stock. 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. [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. Fortune Magazine announced that Gray Television ranked 77th in its ranking of the Top 100 Fastest Growing Companies in the World for 2016. 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 . They also paid me extremely poorly and never wanted to talk about a raise. Help other job seekers by rating Gray Television. 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. The show, R [60], On July 22, 2009, a New York bankruptcy judge approved a plan transferring ownership of Young Broadcasting and its stations to the company's secured lenders. Management of Young Broadcasting stations. We calculated the diversity score of companies by measuring multiple factors, including the ethnic background, gender identity, and language skills of their workforce. While mostly unnoticed until now, after getting the rights to broadcast the gubernatorial debate, it may not go unnoticed . Even so, the original tweet, which had accumulated thousands of retweets, remained up and continued to be shared. 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. During the first two quarters of 2020, on a combined historical basis, our television stations sold $79 million in political ads. 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