They had Gray purchase 14 Benedek Broadcasting stations while that company was in bankruptcy. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. AllSides Media Bias Chart. Yes, Gray Television drug tests. Gray Television Chairman-CEO Hilton Howell was upbeat, to say the least, when describing the outlook for political ad spending this year. 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.
[3], In 1998, Gray started to expand beyond its Southeast region. From community outreach efforts to green initiatives, we are striving to make a meaningful difference in the world in which we live. Senator and Georgia Governor Zell B. Miller joined from the Board of Directors. We understandTruth is neither politically left or right. Our commitment to factual reporting is the foundation of our credibility, now more than ever.. The new Young Broadcasting still held the final say on overall operations for their stations, including programming and personnel.[16][18]. 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. 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. If you continue to use this site we will assume that you are happy with it. There was a problem. Future US, Inc. Full 7th Floor, 130 West 42nd Street, In 2013 Wells Fargo provided a valuation analysis for Sinclair's spectrum, valuing it at $2.9 billion, 35% above the companies total market cap at that time. [25][26] The sale was completed on September 15. Connecting with communities will always remain central to our mission. Meridian is also home to several highly impactful military installations, including NAS Meridian, one of only a few Navy jet fighter training units in the Country. Even so, the original tweet, which had accumulated thousands of retweets, remained up and continued to be shared. 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 forms a new sales and sponsorship entity called Gray Sports + Entertainment Sales. Over the next several decades, the company transformed in parallel to the ever-changing media landscape, expanding with additional newspaper acquisitions and later television stations to eventually became known as Gray Communications Systems.
We use cookies to ensure that we give you the best experience on our website. On the right, a nonprofit called 45 Committee poured more than $23 million into the 2016 presidential race to support President Donald Trump. [30][31], In January 2016, Gray Television opened a national news bureau in Washington, D.C., led by former APTV journalist Jacqueline Policastro. Fortune Magazine announced that Gray Television ranked 77th in its ranking of the Top 100 Fastest Growing Companies in the World for 2016. [35][36] At that time, Gray had already acquired Sioux Falls rival station KSFY. Several recipients of Nexstar donations, including Sens. The Company reached an agreement with Diversified Communications to acquire WABI (CBS/CW) in Bangor, Maine and WCJB (ABC/CW) in Gainesville, Florida. While mostly unnoticed until now, after getting the rights to broadcast the gubernatorial debate, it may not go unnoticed . 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. 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.. If they are able to grow by 77% again this cycle you're looking at political revenue of $152 million. 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]. 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. Gray leads fundraising round for Texas-based Envy Gaming. The Company purchased KCRG-TV (Cedar Rapids, IA) from The Gazette Company. Attending the Trump administrations effort to court and spark local TV news markets were reporters from Hearst, Scripps, Cox, Nexstar, and naturally, Sinclair. 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. Meanwhile, though, Gray has added more local news programs in many markets, effective April 1, as three syndicated shows came to an end. [58] It is revealed that Allen Media Group would purchase WJRT-TV in Flint for $70 million. Gray Televisions WVUE (FOX, New Orleans, Louisiana) receives three Sigma Delta Chi Awards from The Society of Professional Journalists. The smarter way to stay on top of broadcasting and cable industry. This brought the company total to $534.5 million in available funds with $409.5 million directly available. The employee data is based on information from people who have self-reported their past or current employments at Gray Television. Concurrent with the Benedek acquisition, Gray acquired KOLO-TV (Reno, NV) from Smith Television Group, T.L. Gray would divest nine stations in markets where Gray and Raycom both already owned stations, including WTNZ, WTOL, KXXV, WTXL, WFXG, KWES-TV, WPGX, WSWG, and WDFX-TV. 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. WCAX/Gray TVs Greta Van Susteren: I am now the local media.. Gray launches its first NextGen TV (ATSC 3.0) station in Tallahassee, Florida. This time-proven company loves to hire graduates from Florida State University, with 12.8% of its employees having attended Florida State University. 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. At today's valuation of 17x earnings this accounts for the entire market cap. 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. He said that its stations in Charlotte and Cleveland will launch NextGen TV transmissions in 2021 and hes looking forward to the competitive advantages we never had before.. [4], In September 2015, Gray announced that it would acquire the television and radio stations of Schurz Communications for $442.5million. 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. [45], By January 20, 2016, Gray had set up their Washington News Bureau by Jacqueline Policastro to enable stations to get interviews with U.S. [55][56] The "studio city" is set to include multiple film studios, as well as apartments, townhomes, a hotel, corporate offices, restaurants and retail space. Grays television stations raise $12.6 million in donations benefiting local residents and local organizations in need during March and April 2020. I am now the local media. The Company acquired WJDM-TV (Panama City, FL) and changed the call letters to WJHG-TV to complement Mr. Gray's initials. Gray Television Chairman-CEO Hilton Howell was upbeat, to say the least, when describing the outlook for political ad spending this year. Want to explore some other great places to work in Atlanta, GA? 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. Van Susteren told The LA Times: [] she expects Grays geographical reach to help in booking presidential candidates to appear on the program. 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. The Company made a $3 million strategic equity investment in Syncbak, a technology company that replicates over-the-air broadcasts for delivery over-the-top (OTT) of the Internet. 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). There will be markets where ATSC 3.0 will matter, he said and it will increase during the next four year. I consent the use of my personal data in accordance with Future's. 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. The Company announced the opening of its Washington D.C. News Bureau. 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. WRDW-TV was purchased in January 1996. The lack of work/life balance & the overall culture of the specific newsroom I worked in. [46][47][48] The deal was completed on January 2, 2019. 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 Television's roots begin in January 1891 with the creation of the Albany Herald in Albany, Georgia. Jon Decker White House Correspondent and Senior National Editor. During that period, Gray Television divested all the newspapers and television stations that it owned prior to 1993 other than WJHG. In addition, Ralph W. Gabbard became the Company's President and CEO. Jacqueline Policastro, the Washington bureau chief for Gray Television, was among those at a special White House dinner after Trump addressed Congress last year. Its station base consists all ranges of media markets, from as large as Atlanta, to one of the smallest markets, North Platte, Nebraska. Gray Television, Inc.
Now some will read that as a "fair" or "full" price. Building from $26 million in political spending for the first quarter, Gray is expecting $65 million to $70 million this quarter, to take the first half total to a range of $91 million to $96 million. [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. Because of your generous donations, our #HealTheHeartland campaign has raised more than half-a-million dollars to date!" Kolo-Tv ( Reno, NV ) from Smith Television Group, T.L was completed on January 2,.! Ensure that we give you the best experience on our website from people who have self-reported past! You are happy with it Louisiana ) receives three Sigma Delta Chi Awards from Society. 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