Gray Television Reports 88% Increase in Net Income
Gray Television reported higher first-quarter profits as it incorporated acquired stations and benefited from the start of year that will feature mid-term elections.
Gray Completes Its Telemundo/Atlanta Buy
Until its merger with Meredith Corporation, Atlanta-headquartered Gray Television didn’t own a broadcast TV station in its home market, it now owns three over-the-air broadcast TV stations in The A.
Gray Announces Management Changes
Gray Television announced the promotion of six general managers as part of an expanded senior operations management team of experienced leaders of local television stations.
Gray 4Q Broadcast Revenue Down 9%
However, total core ad revenue (which excludes political) climbed 26% to $359 million from 4Q 2020. Also, retrans money grew 35% to $294 million.
Gray Expands Its Atlanta Media Investments With Purchase of Telemundo Atlanta
Gray Television, Inc. has reached an agreement with Capital Media Group, to acquire WKTB-CD, which broadcasts top-tier Spanish and Korean broadcast networks, including Telemundo, and which ultimately serves the fastest growing minority groups in Atlanta with a reach of over one million viewers.