Press Releases

 
Jun 14, 2016
Category: Press Release
Gray Television, Inc. announced today that it has completed its previously announced offering of $500.0 million in aggregate principal amount of its 5.875% Senior Notes due 2026.
Jun 7, 2016
Category: Press Release
Gray Television, Inc. announced today that it has priced its offering of $500.0 million aggregate principal amount of 5.875% senior notes due 2026, an increase of $75.0 million over its previously announced offer size. The Notes were priced at 100% of par. The Company’s existing, and certain future, subsidiaries will guarantee the Notes on a senior unsecured basis. The sale of the Notes is expected to be completed on June 14, 2016, subject to customary closing conditions.
Jun 7, 2016
Category: Press Release
Gray Television, Inc. announced today that it has commenced an offering of $425.0 million aggregate principal amount of senior notes due 2026 in a private offering that is exempt from the registration requirements of the Securities Act of 1933. The Notes will be the Company’s senior unsecured obligations and will be guaranteed by all of the Company’s existing, and certain future, subsidiaries.
Jun 3, 2016
Category: Press Release
Gray Television, Inc. announced today that it has reached an agreement with Nexstar Broadcasting Group, Inc. to acquire, for $270 million in cash, two television stations that Nexstar will divest upon its merger with Media General, Inc.: WBAY (ABC), in Green Bay, Wisconsin, and KWQC (NBC) in Davenport, Iowa, both currently owned and operated by Media General.
May 13, 2016
Category: Press Release
Gray Television, Inc. announced today that it has reached an agreement with Withers Broadcasting Company to acquire WDTV (CBS) and WVFX (FOX/CW) in Clarksburg, West Virginia, for $26.5 million in cash.
May 9, 2016
Category: Press Release
Gray Television, Inc. today announced that its stations and professionals have been honored with an unprecedented number of major awards and recognitions for their high-quality news, community support, and leadership.
May 9, 2016
Category: Press Release
Gray Television, Inc. today announced results of operations for the three-months ended March 31, 2016.
Apr 22, 2016
Category: Press Release
Gray Television, Inc. will host a conference call to discuss its operating results for the quarter ended March 31, 2016 on Monday, May 9, 2016. The call will begin at 11:00 a.m. Eastern Time.
Apr 14, 2016
Category: Press Release
Atlanta, GA – April 14, 2016. . . Gray Television, Inc. (“Gray” or “we” or “our”) (NYSE: GTN and GTN.A) today announced that it has 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 – live and on-demand. In addition, Gray’s Chief Digital and Technology Officer, Jason Effinger, has joined Syncbak’s Board of Directors.
Feb 26, 2016
Category: Press Release
Atlanta, Georgia – February 26, 2016. . . Gray Television, Inc. (“Gray,” “we,” “us” or “our”) (NYSE: GTN and GTN.A) today announced results of operations for the three-months and year ended December 31, 2015.
Feb 16, 2016
Category: Press Release
ATLANTA, Feb. 16, 2016 /PRNewswire/ -- Gray Television, Inc. ("Gray," "we," "us" or "our") (NYSE: GTN and GTN.A) announced that it has closed its acquisition of television stations from Schurz Communications, Inc. ("Schurz") and related station acquisitions and divestitures with other counter-parties.
Feb 10, 2016
Category: Press Release
ATLANTA, Feb. 10, 2016 /PRNewswire/ -- Gray Television, Inc. (NYSE: GTN and GTN.A) today announced that it will release its earnings results for the quarter ending December 31, 2015 on Friday, February 26, 2016. Gray Television, Inc.
Feb 5, 2016
Category: Press Release
ATLANTA, Feb. 5, 2016 /PRNewswire/ -- Gray Television, Inc. ("Gray" or "we" or "our") (NYSE: GTN and GTN.A) announced today that it has successfully completed the renewal of retransmission consent agreements with four cable operators that expired at the end of 2015. The new long-term agreements with our valued cable partners, including Time Warner Cable and Buckeye Cable, cover more than 900,000 Big Four affiliated subscribers in sixteen markets across the country.
Feb 1, 2016
Category: Press Release
Atlanta, GA – February 1, 2016. . . Gray Television, Inc. (“Gray” or “we” or “our”) (NYSE: GTN and GTN.A) announced today that William E. Mayher, III, the Chairman of our Board since August 1993, passed away peacefully yesterday in Athens, Georgia. He was 77 years old.
Jan 27, 2016
Category: Press Release
ATLANTA, Jan. 27, 2016 /PRNewswire/ -- Gray Television, Inc. ("Gray" or "we" or "our") (NYSE: GTN and GTN.A) announced today the promotion of its five Senior Vice Presidents to new positions in response to the company's growing scale, diversification and profile. The changes will be effective on February 1, 2016.
Dec 22, 2015
Category: Press Release
ATLANTA, Dec. 22, 2015 /PRNewswire/ -- Gray Television, Inc. ("Gray," "we," "us" or "our") (NYSE: GTN and GTN.A) today announced that it and Schurz Communications, Inc. ("Schurz") have reached an agreement with the U.S. Department of Justice ("DOJ") that should enable the parties to complete Gray's acquisition of the broadcast stations owned by Schurz and to complete the related divestures previously announced by Gray.
Dec 15, 2015
Category: Press Release
ATLANTA and BURBANK, Calif., Dec. 15, 2015 /PRNewswire/ -- Gray Television, Inc. (NYSE: GTN and GTN.A) and The CW Network today announced a multi-year extension of their affiliation agreements, covering 23 markets around the country. The agreements include four new Gray stations to carry The CW in Madison, Wis.; Fargo, N. D.; Alexandria, La.; and Laredo, Texas.
Nov 9, 2015
Category: Press Release
ATLANTA, Nov. 9, 2015 /PRNewswire/ -- Gray Television, Inc. ("Gray" or "we" or "our") (NYSE: GTN and GTN.A) announced today that it has hired Karen Youger and Jim Curtin to assist Gray's local news, sales, and management teams in their continual efforts to enhance Gray's programming and sales offerings. In addition, Ms. Youger and Mr. Curtin will provide significant support to Gray's new in-house national sales initiative that launches in January 2016.
Nov 3, 2015
Category: Press Release
ATLANTA, Nov. 3, 2015 /PRNewswire/ -- Gray Television, Inc. ("Gray," "we," "us" or "our") (NYSE: GTN and GTN.A) today announced results of operations for the three and nine-month periods ended September 30, 2015. Gray achieved record revenue during the three and nine-month periods ended September 30, 2015, and Gray's free cash flow per diluted weighted average share was $0.22 and $0.96, respectively, and net income per diluted weighted average share was $0.09 and $0.36, respectively. Excluding the special charges discussed below relating to the termination of certain national sales representation agreements and transaction costs relating to our closed and pending acquisitions, our net income per diluted weighted average share was approximately $0.18 and $0.45 for the three and nine-month periods ended September 30, 2015, respectively.
Nov 2, 2015
Category: Press Release
ATLANTA, Nov. 2, 2015 /PRNewswire/ -- Gray Television, Inc. ("Gray" or "we" or "our") (NYSE: GTN and GTN.A) announced today that it has reached agreements to sell all of the radio stations that are included in Gray's pending acquisition of the broadcast assets of Schurz Communications, Inc. ("Schurz"). 
Oct 22, 2015
Category: Press Release
ATLANTA, Oct. 22, 2015 /PRNewswire/ -- Gray Television, Inc. ("Gray" or "we" or "our") (NYSE: GTN and GTN.A) has been selected "Station Group of the Year" for 2016 by TVNewsCheck, a leading industry publication focusing on news and newsmakers in the broadcast television business