Install LED lighting technology across studio complex. In September 2021, Gray Television purchased Doraville-based Third Rail Studios for $27.5 million. 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). The lack of work/life balance & the overall culture of the specific newsroom I worked in. Gray announces that legendary news anchor and journalist Monica Kaufman Pearson has joined its Atlanta television stations, CBS46 and Peachtree TV. Health Care, Dental Care, & Free Parking (if in the city). While that is good news and bad news to some degree, its a clear victory for in-house health and political sales teams, and our core stations have done outstanding work in developing this category. Gray Television is a television broadcast company headquartered in Atlanta, Georgia. [15] A new strategy of purchasing stations in college towns or capitals was put into place. Politics begins in local markets, Van Susteren said. Gray Television (NYSE:GTN, NYSE:GTN.A) is a television broadcast company based in Atlanta. 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. I think it will likely rival, if not exceed, any previous presidential election, the CEO said. We own and/or operate television stations and leading digital properties in 113 television markets that collectively reach approximately 36 percent of US television households. Gray Television is a group of inspired innovators and thought leaders in the television industry. John T. Williams named President and Chief Executive Officer. 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. Elected to bring all storm water structures above ground instead of underground in vaults allowing for a healthier and more natural flow of the water. The entire downtown area has been re-imagined with top tier restaurants, shopping, bars, clubs and a variety of art galleries. Please refresh the page and try again. 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. (Gene) Elder joined the Board of Directors. [51] The Circle TV network made its launch on January 1, 2020. Gray Television's mission statement is "To include the capability of tuning and decoding over-the-air digital signals by 2007.". The Company announced that it had reached a multi-year deal that renews station affiliation agreements covering all 32 markets in which Gray own and operates its 39 CBS-affiliate television stations. Gray Television supports local community interests by providing quality television broadcasting and exceptional service in each market we serve. The Company closed its acquisition of television stations from Schurz Communications, Inc. and related station acquisitions and divestitures with other counter-parties. Copyright 2023 Gray Television, Inc. All Rights Reserved. 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. NY 10036. Through December 31, 2012, Gray would earn $2.2million and an opportunity to earn additional specified incentive fees if certain performance targets were exceeded. Subsidiaries to Gray Television include KY3. They also named three other Gray stations as finalists for these prestigious awards. The Company partners with Loyola University New Orleans School of Mass Communications to create a "Producer Incubator Lab.". Mr. Deaver resigned from the Board of Directors. Putting all the segments together, we use management's forecast for retransmission fees as outlined in the May investor presentation. To ensure this doesnt happen in the future, please enable Javascript and cookies in your browser. He writes regularly about trends and media/marketing for the Consumer Technology Association's i3 magazine plus several blogs. Harriett J. Robinson joined the Board of Directors. Gray is the largest owner of top-rated local television stations and digital assets in the United States ("U.S."). 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. [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 Atlanta-based television broadcaster Gray Television Inc., which owns stations in 51 markets, recently announced it was reducing its forecast for political ad spending for the remainder. Jacqueline Policastro, the Washington bureau chief for Gray Television, was among those at a special White House dinner after Trump addressed Congress last year. Zippia's Best Places to Work lists provide unbiased, data-based evaluations of companies. The Company purchased KCRG-TV (Cedar Rapids, IA) from The Gazette Company. 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. [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. [25][26] The sale was completed on September 15. 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. The data presented on this page does not represent the view of Gray Television and its employees or that of Zippia. The joint venture is based in Nashville under general manager Drew Riefenberger. Management will handle it instead. ft. facility for KEVN and KOTA Stations in Rapid City, South Dakota. During the presidential election Sinclair and the Trump campaign struck a deal in order to gain favorable media coverage .Recently they started a promotional campaign for their local news outlets to broadcast. Gray announces the initiation of a quarterly cash dividend, the first since the Great Recession. Although not considered to be as openly right-wing as Sinclair Broadcasting which stipulates all outlets must carry conservative political content Gray TV may be Foxifying WCAX a bit. 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. John Thune, Marsha Blackburn, Amy Klobuchar, and Ted Cruz, sit on the Senate subcommittee tasked with overseeing the FCC. Broadcast TV stations rely on advertising to make money. 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. But that's probably not the whole story. Gray Televisions InvestigateTV receives two first place National Headliner Awards. Gray Television is ranked #13 on the Best Media Companies to Work For in Georgia list. Have you worked at Gray Television? Gray forms a new sales and sponsorship entity called Gray Sports + Entertainment Sales. Management of Young Broadcasting stations. Hilton Howell donated The promo script, they say, belies Sinclair managements actual agenda to tilt reporting to the right. Gray Television, Inc. is a broadcast company headquartered in Atlanta, Georgia. 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. Gray Television Chairman-CEO Hilton Howell was upbeat, to say the least, when describing the outlook for political ad spending this year. That's why we are continually examining our own business practices and initiatives to see how we can make changes to promote sustainability for the good of tomorrow. The Company purchased Yellowstone Television stations KGNS-TV (Laredo, TX), KGWN-TV/KSTF-TV and KCHY-LP (Cheyenne, WY) and KCWY-TV (Casper, WY). Local news is the most desired location for most political advertisers. John Dean (of Watergate notoriety) observed. [4] This caused difficulties as two of the three wanted to sell with the third unable to purchase. I am not receiving compensation for it (other than from Seeking Alpha). The Company purchased WNDU-TV (South Bend, IN) from the University of Notre Dame. Gray and ViacomCBS announces multi-year agreement to renew all 47 of Grays CBS affiliations. James C. Ryan, formerly CFO of Busse Broadcasting Corporation, named Vice President and Chief Financial Officer. The Company agrees to acquire WVIR (NBC) in Charlottesville, Virginia, and to divest television stations WCAV (CBS/FOX) and WVAW (ABC) in that market. [3], With its additional funds, Gray continued purchasing in 1997 with two announcements in January and February. 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. [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. Gray Televisions Chairman and CEO, Hilton H. Howell, Jr. is named Broadcast & Cables Broadcaster of the Year (2019). 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 . The Company and NBC enter into TV Everywhere Agreement, and the Company launches all of its CBS stations on the CBS All Access platform. Spot TV Forecast: After Political Bonanza In 22, Flat Will Suffice For 23, Top 30 Station Groups: Standard General Leaps Into Second Place With Tegna Acquisition, 13th Annual Women In Technology Awards Reception, Revenue Strategies: Advanced Targeting for Local TV. Its not only Fox News that covers Trumps back. Grays Raycom Sports launches Origin Sports Network on the Roku Channel in Canada and XUMO in the United States. Future US, Inc. Full 7th Floor, 130 West 42nd Street, Collaborate with our long-term tenant to monitor in real time critical infrastructure, HVAC, and power systems to reduce waste. WCAX/Gray TVs Greta Van Susteren: I am now the local media.. The dress code at Gray Television is business casual. Here is the near term catalyst, we know 2015 will be a down year for political but 2016 will be a dramatically higher year for the presidential election. The Company announced record-setting audience rankings during the November 2017 sweeps period conducted by the Nielsen Company. . Latek had earlier spelled out just how much political demand is up this year. November 2017 sweeps period conducted by the Nielsen Company Hilton H. Howell, Jr. is broadcast! Bend, in ) from the University of Notre Dame code at gray Television a... 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