gray television political donations

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. [51] The Circle TV network made its launch on January 1, 2020. An experienced investor with more than a decade of experience working at some of the largest asset management organizations, I now focus full time on my personal investments and sharing unique ideas with the online value investing community. [33] In February 2019, Gray announced that award-winning journalist Greta Van Susteren has joined the company as its Chief National Political Analyst. 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. [37] On May 4, 2017, Gray announced its intent to acquire WCAX-TV in Burlington, Vermont from Mount Mansfield Television for $29million. 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. Gray announces sale of WJRT-TV (ABC) in Flint, Michigan to Allen Media for $70 million to facilitate its acquisition of Meredith Corporation. Gray Television supports local community interests by providing quality television broadcasting and exceptional service in each market we serve. The twin cities have a unique small town feeling, but offers big city amenities, including a vibrant arts community, a city-wide, all-terrain trail system and world-class dining and nightlife. [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. 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. 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. If they are able to grow by 77% again this cycle you're looking at political revenue of $152 million. [3], Also in September 1996, Ralph Gabbard, the newly named president and CEO, died from a heart attack at age 50. I wrote this article myself, and it expresses my own opinions. [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. The new tweet, correcting her mistake, had just 95 retweets at the time of this writing. 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 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. The Company purchased Busse Broadcasting Corporation and its television stations, KOLN/KGIN-TV (Lincoln/Grand Island, NE) and WEAU-TV (Eau Claire, WI). Gray expects political advertisements for these two races will continue running through January 5, 2021, the date of the special elections. James C. Ryan, formerly CFO of Busse Broadcasting Corporation, named Vice President and Chief Financial Officer. [42], On June 25, 2018, Gray Television announced its intent to acquire Raycom Media for $3.65billion, pending regulatory approval. Gray will pay $14.50 per share in cash to acquire Meredith. Barry Lewis, Richard L. Boger and Howell W. Newton joined Gray's Board of Directors, and James H. Gray, Jr. resigned from the Board. [16][17][18], Prather left the company in 2013 and Howell took over the president title. I consent the use of my personal data in accordance with Future's. [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. The Company announced that it anticipated receiving $90,824,000 in proceeds resulting from the Federal Communications Commissions reverse auction for broadcast spectrum. Focusing on the four largest segments of the pie, local, national and political refer to advertising dollars. [3], With its additional funds, Gray continued purchasing in 1997 with two announcements in January and February. On January 1, Circle officially launches. FOX CAROLINAS GIVE BLOOD CAROLINA MAKES A BIG DIFFERENCE FOR LOCAL PATIENTS AND THE RED CROSS! Six Gray Stations honored with Service to America Finalists and Winners by the National Association of Broadcasters Leadership Foundation, including the second consecutive Small Market Winner award for WCTV, Grays CBS affiliate in Tallahassee, Florida. The large Atlanta Georgia-based communication corporation may not share Sinclairs solid right wing reputation but they certainly have their sights set on New Hampshires First-in-theNation presidential primarys advertising profits. Gray launched WALB-TV in 1954. Gives a whole new spin to the late columnist Peter Freynes moniker for WCAX: he always called it WGOP; only now, of course he might call it WFOX, or WGRAY. The smarter way to stay on top of broadcasting and cable industry. I am now the local media. 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. We calculated the diversity score of companies by measuring multiple factors, including the ethnic background, gender identity, and language skills of their workforce. She previously covered politics at Gray TV's KFYR-TV in Bismarck, N.D. Josh Rultenberg Multimedia Journalist. Gray announces its acquisition of Quincy Media, Inc. for $925 million. Gray Television, Inc. is a broadcast company headquartered in Atlanta, Georgia. The Company closed its acquisition of television stations from Schurz Communications, Inc. and related station acquisitions and divestitures with other counter-parties. He also confirmed that sports events were a heavy focus, with many [political] advertisers triple spotting during college and NFL football games. He noted that many campaign advertisers ran two spots within a half-hour local newscast and many waived the separation requirements to keep their commercials from being run adjacent to rivals political messages. Gray Television (NYSE:GTN, NYSE:GTN.A) is a television broadcast company based in Atlanta. [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. Subsidiaries to Gray Television include KY3. Mr. Robinson resigned as Chief Executive Officer and continued as Chairman Emeritus. 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. 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 . The Company reached an agreement with Withers Broadcasting Company to acquire WDTV (CBS) and WVFX (FOX/CW) in Clarksburg, West Virginia. The Company subsequently announced the divestiture of all the radio stations and certain television stations to facilitate regulatory approvals. The new Young Broadcasting still held the final say on overall operations for their stations, including programming and personnel.[16][18]. Rankings are based on government and proprietary data on salaries, company financial health, and employee diversity. I learned a great deal of skills in a short period of time. The Company also acquired Gulflink Communications, Inc., a satellite uplink service. Gray Television's roots begin in January 1891 with the creation of the Albany Herald in Albany, Georgia. 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. 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. Please disable your ad-blocker and refresh. December 16, 2020 08:53 ET 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 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. 1897 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. And this growth is likely to persist. [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. Broadcast TV stations rely on advertising to make money. The pattern gets more interesting as you dig into the segments. The Company opens newly remodeled 20,000 sq. Please refresh the page and try again. Gray honored with eight National Edward R. Murrow Awards for excellence in journalism by RTDNA. 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. 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. [3] WALB was thus sold to Liberty Corp.'s Cosmos Broadcasting in August 1998. Just last month, Gray Television Inc. and Raycom Media Inc. announced a $3.6 billion merger that would make them the third-largest TV . Contributor Gary Arlen is known for his insights into the convergence of media, telecom, content and technology. Gray Televisions total non-political (core) ad revenue last month was about $82 million; during the same month, political ads generated $175 in advertising, said Pat LaPlatney,President & Co-CEO of Gray Television, Inc. [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. The Company acquired KSNB-TV (Lincoln, NE), and it constructed and launched new HD television stations WRGX-TV (Dothan, AL) and KNPL-TV (North Platte, NE). Health Care, Dental Care, & Free Parking (if in the city). Gray Television, Inc. is an American publicly traded television broadcasting company based in Atlanta, Georgia. Since Election Day, November 3rd, Grays local television stations and digital platforms serving communities in the State of Georgia have run approximately $20 million (net) in political campaign and political issue advertisements related to the two run-off election races for U.S. Senate seats in Georgia. 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. This time-proven company loves to hire graduates from Florida State University, with 12.8% of its employees having attended Florida State University. I felt like that job gave me very important skills that Ill take with me in every job to come & be extremely valuable for. [4], In September 2015, Gray announced that it would acquire the television and radio stations of Schurz Communications for $442.5million. Related: Stations, Networks Eye Boom in Political Ad Spending. Gray now owns nine of the top ten ranked NBC affiliates in the country. [3][4], The company was then taken public on NASDAQ's small-cap market in the 2nd quarter 1992. 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 . 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. Broadcast TV stations rely on advertising to make money. Jon Decker White House Correspondent and Senior National Editor. Disclosure: I/we have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. However, some stations were forced to go off the air and their programming was moved to a multicast stream on adjacent channels, due to some stations being unable to receive regulatory approval, after the FCC's ruling on joint sales agreements. Also, a new bank credit facility was arranged. 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. James H. Gray, Jr. resigned as President and surgeon William E. Mayher, III joined Gray's Board of Directors. Gray partners with the Salvation Army to produce and broadcast Heal the Heartland to raise money for relief efforts around the massive Midwest tornado. The Company wins 57 Regional Edward R. Murrow Awards for excellence in journalism in 23 Markets. 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. Hilton Howell donated A single Democratic leadership-aligned nonprofit called Majority Forward poured a record-breaking $46 million into 2018 elections from the left. Yes, Gray Television drug tests. Those silent stations would then be sold off to minority interest, pending FCC approval. Gray intended to turn KNHL into a satellite of its NBC affiliate KSNB-TV. The Company agrees to acquire KDLT-TV in Sioux Falls, South Dakota. The Albany Herald converted to a morning publication to serve better the needs of southwest Georgia. 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. CEO Hilton Howell named President. 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. Putting all the segments together, we use management's forecast for retransmission fees as outlined in the May investor presentation. 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]. Boston Globe Newspaper to Launch Daily Newscast, The Mandalorian' Returns: Whats Premiering This Week (February 27-March 5), Peacock Will Experience 'Peak Expense Mode' Loss of $3 Billion in 2023, Comcast CFO Said, KMBC-TV, Kansas City Hires Brya Berry As Co-Anchor. 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 Company launches a syndicated Weekend Political Show "Full Court Press" with Greta Van Susteren. In total they reach 8%+ of US television households as outlined in the graphic below. [61], The agreement ended without any further extensions on December 31, 2012, and Young agreed to a merger with Media General in mid-2013. Senators and Representatives serving their communities. Gray Television is a television broadcast company headquartered in Atlanta, Georgia. 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). As the company agreed to purchase the Busse Broadcasting Corporation, which owned KOLN, KGIN-TV and WEAU. 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. Gray Television generates $2.1B in revenue. We are business leaders in our local economies and servant leaders in our communities. Robin R. Howell joined Board of Directors. Its station base consists all ranges of media markets, from as large as Atlanta, to one of the smallest markets, North Platte, Nebraska. John Thune, Marsha Blackburn, Amy Klobuchar, and Ted Cruz, sit on the Senate subcommittee tasked with overseeing the FCC. Atlanta businessman J. Mack Robinson purchased control of Gray Communications Systems from the estate of James H. Gray, Sr.Mr. 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. [53] Gray's acquisition of Quincy Media was completed on August 2. 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. Be sold off to minority interest, pending FCC approval to purchase the Busse Corporation. And Senior National Editor per share in cash to acquire Meredith gray TV #... New tweet, correcting her mistake, had just 95 retweets at the time of this writing and... Acquired Gulflink Communications, Inc. is a Television broadcast company headquartered in Atlanta, Georgia in 2013 and Howell over... Gray Communications Systems from the Federal Communications Commissions reverse auction for broadcast spectrum x27 ; s KFYR-TV in,... 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