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Posts Tagged ‘Gray Television’

Gray Television Streamlines Management Team

Gray Television has announced a streamlined management team that eliminates the positions of COO and regional vice president and creates a team of five who will report to Gray’s president and CEO Hilton Howell.

The five named in the press release are: Nick Waller, who was named senior vice president of the Mid-Atlantic and South regions, Bob Smith, who was named senior vice president of the Midwest and West regions, Jason Effinger, who was named SVP for media and technology, Jim Ryan, who will maintain his title of SVP of finance and CFO, and Kevin Latek, who was named SVP of Business Affairs.

“We are excited to create a new management structure that will allow us to be decisive, innovative, and agile,” said Howell. “Just as important, our new structure is scalable in a way that allows us to grow our company and our local brands quickly.”

Gray also announced Charlie Effinger will become the VP of Corporate Development and will be responsible for acquiring programming and maintaining relationships with networks and syndicators. Lisa Gull was also named VP of Production. Gull will report to Jason Effinger and will support Gray’s production projects as well as overseeing the Gray Graphics hub.

Gray Television President Bob Prather Resigns

Bob Prather has resigned from his post as president and chief operating officer of Gray Television.

“I want to thank Bob Prather for his service to the Company.  As we continue to move ahead, I am looking forward to continuing to work closely with our corporate leadership team, as well as all the other members of Gray’s outstanding operational leadership team at our television stations,” Gray CEO Hilton H. Howell, Jr. said in a statement. “This is an exciting and dynamic time in the television broadcasting industry, and after our record year in 2012 we continue to be on track for a very solid year in 2013.”

Howell has been appointed to serve as president of Gray Television.

Gray Television Adds Internet Streaming Platform to All Stations

Gray Television has announced it will add the Syncbak internet TV platform to all of its 41 TV stations.

“Gray Television was one of the very first broadcasters to launch mobile DTV service,” said Bob Prather, Gray’s president and COO.  “Over the past few months, Syncbak has proven that they can provide another critical route to reach our local viewers.  We are therefore excited to be able to improve our local products by adding all of our stations to the Syncbak platform.”

The Syncbak platform allows stations to stream their signals over the internet to mobile and connected devices. Syncbak uses a “location-based authentication technology” to keep station signals within its market reach.

Syncbak is being tested by all the major networks in over 150 TV stations in 98 markets. Gray Television has stations in 30 markets including Wichita, KS, Winchester, VA, Rockford, IL, and Knoxville, KY. 21 of Gray’s stations are CBS affiliates, 11 are affiliated with NBC, eight are with ABC and five are FOX affiliates.

[TVNewsCheck]

Gray Television Revenue Down 3% in Q1

Gray Television total revenue was $2.5 million in the first quarter of 2013, a 3% decrease from the year-ago quarter. The decline was “due to the expected decreases in political advertising and consulting revenue, offset, in part, by increased retransmission consent revenue and local and national advertising revenue,” according to Gray.

Local advertising revenue increased 1% to $46.4 million and national advertising revenue increased 3% to $13.4 million. Internet advertising revenue was flat and retransmission revenue increased 14%, according to the company.

In a statement, Gray Television said the company is  “pleased with our operating results for the first quarter of 2013.”

Gray TV Revenue Rises 50% in Q4

Gray Television reported revenue of $126.6 million in 2012, an increase of +50% than the year ago quarter. It was a record for the company’s fourth quarter earnings.

The company reported an increase in retransmission consent revenue and Internet advertising revenue and a decrease in local and national advertising revenue, which the company attributed to available advertising time reserved by political ads.

Total revenue for the year was up 32% to $404.8 million.

Q3 Earnings: Gray Television Reports 34% Increase in Revenue

Gray Television reported record revenue of $102.9 million for the third quarter of 2012, a +34% increase compared to the same time period in 2011. The company attributed the gain to increased political advertising, the Summer Olympics and retransmission consent.

Gray said their 10 NBC affiliates, which broadcast the 2012 Summer Olympics in August, earned $4 million in revenue from local and national advertisers and $1.1 million in revenue from political advertisers during those two weeks.

In the lead up to the election, political advertising revenue increased +367%, to $24.5 million. The company also reported retransmission consent revenue increased +65% to $8.5 million.

Gray Names New GMs in Lexington and Greenville: Mossman to WKYT, Gentner Promoted at WITN

After five years as general manager of WITN in Greenville, Chris Mossman will move within Gray Television to take over as GM of WKYT in Lexington.

Mossman will also serve as regional vice president of Gray’s Kentucky and Tennesse stations, which include WBKO in Bowling Green, WYMT in Hazard and WVLT in Knoxville.

Mark Gentner, who has been general sales manager at WITN since 2007, will be promoted to general manager at the NBC affiliate. In his new role, he will oversee the final stages of construction on WITN’s new studio building in Greenville, N.C. Read more

Panama City Gets Its Own CBS Affiliate Today

Television viewers in Panama City, FL can now get their favorite CBS shows with a local feel.  WECP, the market’s first CBS affiliate since the 1960s, takes to the airwaves today.

While the station’s Facebook page has been keeping residents updated on the process of the launch, the station is only currently available the old fashioned way, the Panama City News Herald reports,

The new station, WECP, will be available over the air — that is, using rabbit ears — on channel 18 at mid-morning. Viewers will need to rescan their TVs to pick up the signal, said Curt Molander, general manager for WJHG, the sister station of WECP and WTVY in Dothan, Ala., which has served as the Panama City market’s CBS affiliate since the early 1960s.

Read more

Gray Television Scores Revenue Record

Gray Television, which currently owns and operates stations in 30 markets, today announced record revenue for the second quarter of 2012.

Gray stations brought in $94.7 million in revenue during the second quarter–a 24% increase from the same period last year and the highest second quarter total ever for the company.  The record haul was driven by increases in political advertising, retrans revenue, and both local and national advertising.

The station group marked a 467% increase in political advertising for the second quarter, bringing in $13.1 million.  Internet advertising was up 31%, to $6.4 million, and local advertising notched a 1% increase, to $48.4 million. Read more

Gray Television Signs CBS Affiliation Agreements for Three Stations

Gray Television, the owner of more CBS-affiliates than any other group operator, announced today that is has signed affiliation agreements with CBS for three of its stations: WECP in Panama City, FL; WSVF in Harrisonburg, VA; and WIYE in Parkersburg, WV.

“We welcome this exciting opportunity to expand our long-standing successful partnership with CBS with these new affiliation agreements,” Bob Prather, Gray’s president and COO, said in a statement.  “We highly value the quality entertainment, news, and sports programming the network provides to our viewers and advertisers.”

Gray currently operates 36 stations, 17 of which broadcast CBS programming.

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