gray television political donations

They also don't face any re-contracting risk in 2015 or 2016. James Murdoch, who left the family Fox News business, donated over $2.25 million. In this Gray TV guide to political ads, we'll break down the federal rules on political advertising. The Company launches Full Court Press Now a late night newscast providing the latest developments on COVID-19 Pandemic. The Albany Herald converted to a morning publication to serve better the needs of southwest Georgia. Gray Televisions InvestigateTV receives two first place National Headliner Awards. Kevin P. Latek named General Counsel. Senators and Representatives serving their communities. The Company closed its acquisition of television stations from Schurz Communications, Inc. and related station acquisitions and divestitures with other counter-parties. If they are able to grow by 77% again this cycle you're looking at political revenue of $152 million. Gray Television is a well-established company. ", "Gray Buying Hoak, Prime Stations For $342.5M", "Re: Prime Cities Broadcasting, Inc. Request for Dismissal of Group Application for Assignment of Broadcast Station License(s)". Gray Television's mission statement is "To include the capability of tuning and decoding over-the-air digital signals by 2007.". Subsidiaries to Gray Television include KY3. The Company selected by TVNewsCheck as "2016 Station Group of the Year". These records will be broken in 2024, he predicted, but he admitted, It hard for me to put that into context.. I think its going to be a gargantuan year in this mid-year election. As President of Arlen Communications LLC, he has provided analyses about the development of applications and services for entertainment, marketing and e-commerce. Our staff is truly a family that works together to continue the tradition of excellence that defines WTOK and our community. Kevin Latek, chief legal and development officer at Gray, noted that the target of $575 million is already 25% ahead of 2020 after excluding the spending for the presidential race and two Senate runoffs in Georgia, which wont exist this year. The Assembly Atlanta development is a 135-acre mixed-use real estate complex centered around the studio industry in Doraville, Georgia. Gray had started to focus on its TV station segment over the newspaper holding while TV produced more income and the newspapers' income were declining. Gray Television, Inc. 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. The Company announces that Greta Van Susteren has joined Gray as Chief National Political Analyst. In a new digital-centric arena, our leadership team featured here provides the support and vision that empowers each member of our company to navigate industry shifts as well as grow, thrive and deliver positive impact to those around us. Gray announces significant expansion to National Investigative Team. To stay at the top we need to work hard every day and hire the right people. NABs Leadership Foundation selects two Gray stations as national winners in their categories and three Gray stations as finalists in its coveted Service to America Awards competition. [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. AllSides Media Bias Chart. Circle is a Country lifestyle network joint venture with partner Opry Entertainment Group, a subsidiary of Ryman Hospitality Properties. I think it will likely rival, if not exceed, any previous presidential election, the CEO said. 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. Yes, Gray Television drug tests. Political advertising will be a big boost to EPS. Gray expects political advertisements for these two races will continue running through January 5, 2021, the date of the special elections. 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 wins 57 Regional Edward R. Murrow Awards for excellence in journalism in 23 Markets. Want to be in the middle of it all There are plenty of new and renovated condos ready for you to call home. Gray Television Digital Content Producer Jobs, Gray Television Investigative Reporter Jobs, Gray Television Freelance Videographer/Editor Jobs, Gray Television Production Assistant Jobs, Gray Television Digital Marketing Coordinator Jobs, Phase 3 Marketing and Communications Jobs. Grays Raycom Sports launches Origin Sports Network on the Roku Channel in Canada and XUMO in the United States. 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. The Company agrees to acquire WVIR (NBC) in Charlottesville, Virginia, and to divest television stations WCAV (CBS/FOX) and WVAW (ABC) in that market. No concrete was hauled off site or shipped to landfills. Just last month, Gray Television Inc. and Raycom Media Inc. announced a $3.6 billion merger that would make them the third-largest TV . The Company purchased WJRT-TV (Flint-Saginaw-Bay City, MI) and WTVG-TV (Toledo, OH) from SJL Holdings, LLC. Best Companies to Work For in Atlanta, GA, Best Media Companies to Work For in Georgia, Best Media Companies to Work For in Atlanta, GA. What Is The Dress Code At Gray Television? The pattern gets more interesting as you dig into the segments. One concern that is popular today is the risk of "cord cutters" - the younger generation that opts for Hulu and Netflix over traditional television. Loan covenants could have forced the company into default. 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's 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. Gray forms a new sales and sponsorship entity called Gray Sports + Entertainment Sales. Install LED lighting technology across studio complex. [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. We are working hard as a company to reduce our carbon footprint on the planet. [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. A single Democratic leadership-aligned nonprofit called Majority Forward poured a record-breaking $46 million into 2018 elections from the left. The Company purchased WAGM-TV (Presque, ME) from NEPSK, Inc. Sign up below. Copyright 2023 Gray Television, Inc. All Rights Reserved. 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. The Company and NBC enter into TV Everywhere Agreement, and the Company launches all of its CBS stations on the CBS All Access platform. [16][17][18], Prather left the company in 2013 and Howell took over the president title. 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. [4], In September 2015, Gray announced that it would acquire the television and radio stations of Schurz Communications for $442.5million. 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. Gray names Bob Smith as Chief Operating Officer and Nick Waller as its Chief Administrative Officer. Sinclair is already the biggest owner of local television stations in the country with 173 it either owns or operates and Tribune will give it dozens more, furthering the companys ambitions. 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. As impressive as that $79 million was for the first half of 2020 was, we expect to blow well past that figure for the first half of 2022, Latek said. Additionally, the FCC incentive auction starts in 2016 and the current valuation assigns no value to the spectrum assets. 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. I have no business relationship with any company whose stock is mentioned in this article. [13] On November 4, 2013, Gray Television announced that it would purchase Yellowstone Holdings for $23million, adding local stations: KGNS-TV, KGWN, KCWY, and KCHY-LP. 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. 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. [4] Gray purchased two TV stations (WKYT-TV and WYMT-TV) from the failed and government-seized Kentucky Central Insurance Company in September 1994 after a court challenge to the sale by Kentucky Central builder Garvice Kincaid. Fortune Magazine announced that Gray Television ranked 77th in its ranking of the Top 100 Fastest Growing Companies in the World for 2016. Gray launches its first NextGen TV (ATSC 3.0) station in Tallahassee, Florida. It was founded way back in 1897. Broadcast TV stations rely on advertising to make money. 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. At Fox, Van Susteren once wondered if the government was wasting our tax dollars at NASA because of the long delay getting satellite images from Pluto back to Earth. The National Association of Broadcasting Educational Foundation chose Gray's WJRT (ABC) in Flint, Michigan, as the winner of its 2018 Service to Community Award in the Media Market category and WCTV (CBS) in Tallahassee, Florida, as the winner in the Small Market category. The Company purchased KEVN-TV/KIVV-TV (Rapid City, SD) from Mission TV, LLC. The Company announced the passing of Second Founder J. Mack Robinson. [57], On May 3, 2021, Gray announced plans to buy the television division of Meredith Corporation for $2.7 billion. Gray intended to turn KNHL into a satellite of its NBC affiliate KSNB-TV. They own and operate stations in 44 markets, broadcasting 139 streams including 76 affiliates of the Big Four networks (ABC, CBS, NBC, and Fox). "Gray Buys Stations in Flint, Toledo For $128M", "TV in the news Channels 24, 13 expanding newscasts; CW13 to replace WT05", Gray Closes on Flint, Toledo Station Buys, "Schurz Communications to sell WSBT and other TV, radio stations", "Gray Acquiring TV, Radio Stations from Schurz for $442.5 Million", "Gray Opens Washington, D.C. News Bureau", "Gray Buying Two Nexstar Spinoffs For $270M", "Gray Buys Nexstar Stations in Green Bay, Davenport", Gray Buys Diversified's Stations in Bangor, Gainesville, "Gray Buying CBS Affil WCAX Burlington, Vt", "Pranksters sued by TV company over morning show antics", "Meet the comedy duo who got sued for pranking the news", "Gray TV to Buy Raycom in $3.65 Billion Deal", "Gray Acquiring Raycom For $3.65B, Forming No. . WRDW-TV was purchased in January 1996. Not much. 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. The price per share dropped to $8. Although the automotive category is struggling, other categories are growing. [30][31], In January 2016, Gray Television opened a national news bureau in Washington, D.C., led by former APTV journalist Jacqueline Policastro. December 16, 2020 08:53 ET 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. The Herald Publishing Company was founded with the creation of the Albany Herald in Albany, Georgia. 1897 While mostly unnoticed until now, after getting the rights to broadcast the gubernatorial debate, it may not go unnoticed . ft. facility for KEVN and KOTA Stations in Rapid City, South Dakota. 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. [3], In August and September 1996, Gray raised additional operating funds by various means. Overall, at Gray TV stations in 95 markets - even through a longer-than-ever political process which began in early 2019 - 53% Politics begins in local markets, Van Susteren said. [34] On June 3, 2016, it was announced that Gray would acquire two stations that were spun-off from the Nexstar-Media General merger; KWQC-TV in Davenport, Iowa and WBAY-TV in Green Bay, Wisconsin for $270million. David Zaslav, who led the merger with CNN and Discovery, donated over $240,000. 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). [20] On December 19, it was announced that stations KREX-TV and WMBB would be sold to Nexstar Broadcasting Group, while KFQX would be sold to Mission Broadcasting. [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. I felt like that job gave me very important skills that Ill take with me in every job to come & be extremely valuable for. * To subscribe, you must consent to Futures privacy policy. Mansfield Television, Inc. to acquire WCAX (CBS) in Burlington, Vermont-Plattsburgh, New York. The Company reached an agreement with Diversified Communications to acquire WABI (CBS/CW) in Bangor, Maine and WCJB (ABC/CW) in Gainesville, Florida. 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. Robinson, Robert S. Prather, and Hilton H. Howell, Jr. joined Gray's Board of Directors. Copyright 2023 Gray Television, Inc. All Rights Reserved, GRAY ANNOUNCES QUARTERLY CASH DIVIDEND OF $0.08 PER SHARE, Q4 2022 Gray Television, Inc. Earnings Conference Call, Gray Television Investor Presentation, March 2022, 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, LOCAL TV REVIVES A BYGONE TRADITION: AIRING THE NATIONAL ANTHEM | It is one of popular culture's generational divides: whether you are old enough to remember when television stations concluded the night's programming with "The Star-Spangled Banner. [37] On May 4, 2017, Gray announced its intent to acquire WCAX-TV in Burlington, Vermont from Mount Mansfield Television for $29million. 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. Newspaper leaders resigned during this periodfrom the corporate president in late 1995 to the Citizens' editor and publisher. InvestigateTV was launched in 2018 and provides innovative, original journalism from a dedicated investigative team and key partners. Afsaneh Beschloss, NPR Board of. His summary confirmed earlier reports on the extraordinary reliance on broadcast political advertising this year, even with the impact of early voting in many states. 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.
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