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Gray Television, Inc. (GTN) is a leading television broadcast company headquartered in Atlanta, Georgia. The company owns and operates television stations and leading digital assets across the United States. Gray's portfolio includes stations in 114 television markets, collectively reaching approximately 36 percent of U.S. television households, with top-rated stations in 79 markets and the first or second highest-rated stations in 102 markets.
Gray Television operates 139 program streams, including 76 affiliates of the country's four major networks—ABC, CBS, NBC, and FOX. Specifically, Gray owns and operates 26 CBS-affiliated channels, 24 NBC-affiliated channels, 16 ABC-affiliated channels, and 10 FOX-affiliated channels. Notably, the company owns and operates the number-one ranked television station in 29 of its 44 markets and the number-one or number-two ranked television station operations in 40 of these markets. This widespread reach allows Gray to influence approximately 8.1 percent of total U.S. television households.
The company operates primarily in two segments: Broadcasting and Production. The Broadcasting segment generates the majority of Gray's revenue by operating local television stations across the U.S. The Production segment includes video program production, marketing, and digital business. Gray Television also owns video program companies such as Raycom Sports, Tupelo Media Group, and PowerNation Studios, as well as studio production facilities like Assembly Atlanta and Third Rail Studios. Additionally, Gray owns a majority interest in Swirl Films.
Recent achievements highlight Gray's commitment to quality journalism and community service. WANF (CBS) in Atlanta won the Large Market category for its investigative series
Gray Television has secured a new agreement with Telemundo Network Group, extending affiliations across 12 existing markets and enabling launches in 22 new markets. This move will enhance Gray's operations to provide Telemundo programming to a total of 34 markets with over 3.75 million Hispanic viewers. Notably, the new 'Telemundo Georgia' network will serve several cities in Georgia, prioritizing local content and news aimed at underserved Hispanic communities. The strategic expansion aligns with significant Hispanic growth in the Southern U.S. over the past decade.
Gray Television has received the First Place National Headliner Award for its investigative report, Collision Division, which highlights federal crash standards that favor men over women. The investigation showed that only one out of three main safety tests incorporates female crash test dummies, despite the higher risk of injury for women. This report prompted lawmakers to act, leading to a congressional provision for a thorough investigation of crash-testing protocols. Gray Television's commitment to impactful journalism continues to drive change in safety regulations.
Gray Television (GTN) has been recognized as five of its stations were selected as finalists for the Service to America Awards by the National Association of Broadcasters Leadership Foundation.
The awards celebrate community service by local broadcasters, with winners announced at a gala on June 7, 2022. Notably, all finalists in the Medium Market category are Gray Television stations, showcasing its leadership in quality journalism and commitment to improving local communities.
Gray Television has appointed John O’Brien as the new General Manager of WAVE3, the NBC affiliate in Louisville, Kentucky, effective April 25, 2022. O’Brien previously served as General Manager at Gray's WNDU in South Bend, Indiana, for 14 years, where he significantly expanded local news programming and earned accolades such as the Indiana Broadcasters Association's 'Station of the Year.' O’Brien replaces Ronna Corrente, recently promoted to Senior Vice President-Local Media.
Gray Television (NYSE: GTN) has successfully acquired WKTB-CD, enhancing its reach in the Atlanta market with over one million viewers, primarily targeting Spanish and Korean audiences. The acquisition also includes Surge Digital Media, a digital marketing agency specializing in multicultural marketing. Susan Sim Oh has been appointed as Vice President of Strategy and Operations for the Telemundo Station Group, while Coline Sim takes on the role of Director of Telemundo Atlanta Operations. This acquisition expands Gray's operations across 12 markets, enhancing its leadership in local broadcasting.
Gray Television, Inc. (NYSE: GTN) will announce its earnings results for Q1 2022 on May 6, 2022. The earnings conference call is scheduled for the same day at 11:00 a.m. ET, accessible via phone at 1-855-493-3489 (confirmation code: 8298523) and online at www.gray.tv. Gray Television is the largest owner of local television stations in the U.S., serving 113 markets and reaching approximately 36% of U.S. households.
Gray Television, Inc. (NYSE: GTN) announced the promotion of six General Managers to enhance its senior management team. Ronna Corrente is appointed Senior Vice President-Local Media, overseeing Southeast television markets. The newly created Regional Vice President/General Manager position has five General Managers now managing additional markets. This restructuring follows the resignation of Chris Mossman, former Senior Vice President-Local Media, to pursue other opportunities. Gray operates the largest portfolio of top-rated local television stations in the U.S., reaching approximately 36% of U.S. households.
Gray Television has appointed Rob Boenau as the new General Manager of KOLD (CBS) in Tucson, Arizona. Boenau brings over 20 years of marketing experience from his previous role as Marketing Director for Gray’s WOIO and WUAB in Cleveland, where he led successful brand launches and digital initiatives, including the introduction of Telemundo Cleveland. Gray Television, based in Atlanta, is the largest owner of local television stations in the U.S., operating in 113 markets and reaching about 36% of U.S. households.
Gray Television, Inc. (NYSE: GTN) announced the election of Lorri McClain as an independent Director, effective March 1, 2022. The Board voted to expand by one seat to accommodate her. McClain is the President of Reicon Management, Inc. and possesses substantial experience in the media sector, previously leading Prestige Communications. With her diverse background in both business and philanthropy, McClain aims to contribute valuable insights to Gray’s Board. CEO Hilton H. Howell, Jr. expressed enthusiasm for her appointment, highlighting the fresh perspective she brings.
Gray Television, Inc. has promoted Lisa Allen to Vice President and General Manager of Washington Operations. Effective immediately, she will oversee Gray's Capitol Hill operations, ensuring integration with newsrooms across the company. Allen has been with Gray since 2019 as Executive Producer of 'Full Court Press with Greta Van Susteren.' Gray's Washington operations include a news bureau, political analysis, and a team of investigative journalists. The company aims to enhance its political content and journalism quality under her leadership.
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