Hilton Howell donated Gray purchases Third Rail Studios in Doraville, Georgia. The parties later agreed to a settlement. [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. The Company subsequently announced the divestiture of all the radio stations and certain television stations to facilitate regulatory approvals. And while Gray is officially sticking with its official guidance of $575 million, Howell was even more exuberant in off-the-cuff remarks during the companys quarterly conference call Friday morning. Gray is the largest owner of top-rated local television stations and digital assets in the United States ("U.S."). Gray launches its first NextGen TV (ATSC 3.0) station in Tallahassee, Florida. 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". I consent the use of my personal data in accordance with Future's. Grays Raycom Sports launches Origin Sports Network on the Roku Channel in Canada and XUMO in the United States. The Company merged with Bostick Broadcasting and its television stations, KWTX-TV (Waco, TX), KBTX-TV (Bryan-College Station, TX), and KXII-TV (Sherman, TX). CNN, the Fox News Channel and MSNBC have not previously said publicly what constitutes acceptable political involvement for their paid commentators, which has made it difficult to know where the. 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. [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. The Assembly Atlanta development is a 135-acre mixed-use real estate complex centered around the studio industry in Doraville, Georgia. On January 1, Circle officially launches. In this Gray TV guide to political ads, we'll break down the federal rules on political advertising. 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 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 and ViacomCBS announces multi-year agreement to renew all 47 of Grays CBS affiliations. In remarks that large shared research data from Kantar Medias Campaign Media Analysis Group(CMAG), which monitors political advertising,LaPlatney summarized the trends of the political arena. And now, facing multiple investigations, President Trump can apparently count not only on Fox News nationally but on Sinclair Broadcasting to cover his troubled a ah, backside at the local level, while all three entities fart on democracy. 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 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. Mr. Robinson did not stand for re-election to the Board. The Company opens newly remodeled 20,000 sq. In contrast to this stable and growing ad revenue, you have political - which, as you can see below, is the most volatile revenue line item. 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. [23][24], On July 24, 2014, SJL Broadcasting announced that it would sell WJRT-TV and WTVG to Gray, for $128million. 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. The Company announced that it would directly represent essentially all of its television stations in national sales, ending its long-standing national ad rep relationships as of the first of the new year. I have no business relationship with any company whose stock is mentioned in this article. [3], In August and September 1996, Gray raised additional operating funds by various means. 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's television stations raise $12.6 million in donations benefiting local residents and local organizations in need during . Gray partners with the Salvation Army to produce and broadcast Heal the Heartland to raise money for relief efforts around the massive Midwest tornado. Campaigns turned much more to broadcast television, he said. From this years experience, LaPlatney said he believes broadcast TV will continue to play a major role in campaign advertising even with the growing presence of digital platforms. [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. More alarming,national media outlets are publishing these samefake storieswithout checking facts first. 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 Company purchased KOSA-TV (Odessa, TX) from Investment Company of America. They also don't face any re-contracting risk in 2015 or 2016. James C. Ryan, formerly CFO of Busse Broadcasting Corporation, named Vice President and Chief Financial Officer. The Company opens a significantly remodeled, state-of-the-art facility for KNOE-TV (CBS, ABC) in Monroe, Louisiana. Gray now owns nine of the top ten ranked NBC affiliates in the country. Additionally, the FCC incentive auction starts in 2016 and the current valuation assigns no value to the spectrum assets. They own and operate stations in 44 markets, broadcasting 139 streams including 76 affiliates of the Big Four networks (ABC, CBS, NBC, and Fox). Require all tenants to utilize studio driven green initiatives across all their productions. Please disable your ad-blocker and refresh. 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. Work from Nielsen shows this mid-single-digit growth continuing. Newspaper leaders resigned during this periodfrom the corporate president in late 1995 to the Citizens' editor and publisher. During the construction of the Assembly Studios complex, we have taken the following actions to reduce environmental impact, and even improve the property: Currently, Third Rail Studios and upon completion of the Assembly Studio complex, Assembly Atlanta has or will implement the following actions as part of our commitment to the environment: Copyright 2023 Gray Television, Inc. All Rights Reserved, Senior Vice President, Chief Digital Officer, Senior Vice President, Chief Technology Officer, Senior Vice President, Chief Accounting Officer, Senior Vice President, Financial Reporting, Senior Vice President, Government Relations and Distribution, Vice President, Gray TV Telemundo Station Group, Senior Vice President, Deputy General Counsel, Vice President, Assistant General Counsel, Vice President and General Manager of Washington Operations, Vice President, Sales Training and Development, Senior Executive Administrator, Corporate Support Services, Assistant Secretary, Assistant General Counsel, President and CEO, Tupelo Media Group, LLC, Vice President, Digital Content and Audience Development, SVP, Program Planning and Distribution, Raycom Sports Network, LLC, Assistant Vice President, Shared Services, Vice President, Chief Information Security Officer, Vice President, Senior Programming and Production Counsel, Vice President, Traffic and Sales Systems, 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. 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. by Hilton Howell. [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. [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. Management of Young Broadcasting stations. [51] The Circle TV network made its launch on January 1, 2020. Gray Television's roots begin in January 1891 with the creation of the Albany Herald in Albany, Georgia. . 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. The Company announced the opening of its Washington D.C. News Bureau. Gray completes its acquisition of Quincy Media and its sale of ten Quincy stations to Allen Media. AllSides Media Bias Chart. And Gray has been introducing its sales training throughout the newly acquired Meredith stations as it did previously with the former Quincy Media stations. Related: Stations, Networks Eye Boom in Political Ad Spending. The acquisition, which Gray expected to close in late 2018, would give Gray 142 stations in 92 markets, making Gray the third-largest owner of television stations in the United States, with a total market share of 24%. Gray leads fundraising round for Texas-based Envy Gaming. 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. Omaha is a cultural gem right in the middle of the country. Install LED lighting technology across studio complex. The Company purchased Busse Broadcasting Corporation and its television stations, KOLN/KGIN-TV (Lincoln/Grand Island, NE) and WEAU-TV (Eau Claire, WI). 1897 $21,800 to the Republican Party. Knowing the political bias of media outlets allows you to consume a balanced news diet and avoid manipulation, misinformation, and fake news. For those not familiar with her, Van Susteren spent 14years as a prime-time FoxNews host replaced by Tucker Carlson in 2016.Then in 2017 she was on MSNBC but was dropped after six months. 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. Sign up below. In 1991, to break the stalemate, the board of directors had the company purchase 25% of their shares. The Company reached an agreement with Diversified Communications to acquire WABI (CBS/CW) in Bangor, Maine and WCJB (ABC/CW) in Gainesville, Florida. 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. Gray COO Bob Smith noted that there was already some displacement of regular advertisers by political spots in the first quarter. Connecting with communities will always remain central to our mission. 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. Jacqueline Policastro, the Washington bureau chief for Gray Television, was among those at a special White House dinner after Trump addressed Congress last year. []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. [22], The sale was completed on June 13, 2014. 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. As the company agreed to purchase the Busse Broadcasting Corporation, which owned KOLN, KGIN-TV and WEAU. Fortune Magazine announced that Gray Television ranked 77th in its ranking of the Top 100 Fastest Growing Companies in the World for 2016. I think it will likely rival, if not exceed, any previous presidential election, the CEO said. 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. NextGen TV Will Help Broadcasters Compete with Digital Political Platforms, He Tells Media Institute. The Company launches a syndicated Weekend Political Show Full Court Press with Greta Van Susteren. 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. In fact, the health category is pacing just slight behind auto. WCAX/Gray TVs Greta Van Susteren: I am now the local media.. Total revenue has increased 88% from 2009 to 2014 in almost a straight line. 3 Local TV Group", "Gray Receives Regulatory Approvals for Raycom Media and Divestiture Transactions", "Gray Completes Acquisitions for Raycom Media and Related Transactions", "Gray Teams With Grand Ole Opry On TV Network", "Circle TV Network Lineup Announced: Opry Live, Elizabeth Cook Series - Rolling Stone", "Gray Television Acquires Quincy Media For $925 Million In Cash", "Gray Television Closes Quincy Acquisition", "Gray TV company to remake former GM plant into Georgia's largest 'Studio City', "Former GM plant set to transform into massive film production site", "Gray Television purchases Doraville's Third Rail Studios for $27.5 million", "Gray Television to Acquire Meredith TV Stations for $2.7 Billion", "Allen Media Group Pays $70M To Acquire Gray Television's WJRT, An ABC Affiliate In Michigan", "Gray Television Closes On Acquisition of Meredith Corporations Local Media Group", "Gray Sees Young Stations As Possible Buy", "Greta Van Susteren to Launch 'Full Court Press' for Gray Television", sorted by primary channel network affiliations, https://en.wikipedia.org/w/index.php?title=Gray_Television&oldid=1130568035, 1946 establishments in Georgia (U.S. state), Companies listed on the New York Stock Exchange, Television broadcasting companies of the United States, Articles with dead external links from April 2019, Articles with permanently dead external links, Creative Commons Attribution-ShareAlike License 3.0, This page was last edited on 30 December 2022, at 21:04. 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