EARNINGS CALL

Gray TV Boosts Political Forecast Again

The station group told analysts today that it expects to equal or exceed its political advertising record of $652 million (pro forma for acquisitions) set in 2020. And, added CEO Hilton Howell, “we remain on track to finish the year at a record retransmission revenue level of $1.5 billion.”

QUARTERLY REPORT

Gray Television 2Q Revenue Up 15%

The increase to $868 million was driven by a big increase in political advertising as well as higher retransmission consent money.

MARKET SHARE

WAVE’s Streaming News Earns ‘OTTy Award’ From Gray

Gray Makes Station Management Changes

Following the resignation of SVP-Local Media Tim Ingram, 10 individuals have been promoted to oversee operations as regional VP/general managers.

Gray Names New GMs In Wichita, Springfield

David Herrmann is promoted to general manager of KWCH-KSCW in Wichita, Kan., while Patience Hettrick is upped to general manager of WGGB/WSHM-LD in Springfield, Mass.

Talking TV: Ernie Anastos On News Anchoring And Fostering Positivity

TVNewsCheck’s Michael Depp talks with veteran New York broadcaster Ernie Anastos, who is returning to television this fall with Positively America with Ernie Anastos, a new syndicated offering through which he plans to share accumulated wisdom and compelling conversations. A transcript of the conversation is included.

Streaming News 2022 Webinar: Maximizing Audience And Revenue

Executives from Estrella Media, NBCUniversal, Scripps Networks, Gray Television, Fox Television Stations and Allen Media will share how they’re maximizing their OTT sales opportunities and cultivating innovative strategies for audience development in part two of a TVNewsCheck webinar event slated for Aug. 25. Register here.

THE PRICE POINT

WLBT And Gray Television Do The Right Thing

Back in the 1960s, WLBT in Jackson, Miss., had its license revoked after it actively promoted segregation, encouraged viewers to defy the government, break the law and mistreat their fellow human beings. Today, WLBT is an example of how to do race relations right, reflecting the needs, interests and employee makeup of a largely African American community. Its current owner, Gray Television, has just created the Gray Media Training Center to develop fully trained, highly qualified minority graduates for Gray’s stations in 113 markets.

KPLC Lake Charles Planning To Rebuild After Hurricane Laura Damaged Building, Studio

TVN FOCUS ON BUSINESS

Gray Television Buying LPTVs To Expand Into Spanish-Language TV

Acquisition of some 40 LPTVs allows Gray to bring Telemundo to 34 new markets, as well as gain spectrum and broadcast strength. Note: This story is available to TVNewsCheck Premium members only. If you would like to upgrade your free TVNewsCheck membership to Premium now, you can visit your Member Home Page, available when you log in at the very top right corner of the site or in the Stay Connected Box that appears in the right column of virtually every page on the site. If you don’t see Member Home, you will need to click Log In or Subscribe.

MARKET SHARE

What WAFF Huntsville Did To Earn Gray’s OTT MVP Award

WAFF, Gray’s NBC affiliate in Huntsville, Alabama, was the OTT MVP Award winner (OTTy Award for short) in May. The OTTy Award is given each month to the Gray Television team using their OTT desk in innovative ways.

KMOV Leaving Downtown St. Louis For New Facility In Suburbs

Gray Television’s KMOV is set to depart downtown St. Louis in 2023 for a new broadcast facility in Maryland Heights, Mo. KMOV has broadcast from Gateway Tower at One Memorial Drive for more than 50 years. In Maryland Heights, KMOV will turn a three-story office building known as 77 Progress Parkway into its new facility with 45,000 square feet available for studios, newsroom and production support spaces.

NYC Broadcaster Ernie Anastos Returns To TV

His new weekly syndicated series, Positively America with Ernie Anastos, will premiere this fall on Gray Television stations across the U.S.

PowerNation Studios And Nashville Superspeedway Present Power Nationals Labor Day Weekend

PowerNation Studios and Nashville Superspeedway have partnered to present the inaugural Power Nationals sponsored by Summit Racing Equipment on Saturday and Sunday, Sept. 3-4, at the Superspeedway, located in Lebanon, Tenn. PowerNation Studios, owned by Gray Television and based in Franklin Tenn., is the production company for how-to programs for auto enthusiasts including Detroit Muscle, Music […]

Gray Names Chris Fedele GM Of Ft. Wayne Duopoly

The station group moves him from WTVG Toledo, Ohio, to oversee WPTA and WISE in Indiana.

NBCU To Operate Gray’s Assembly Atlanta Studio Complex

NBCU’s long-term lease with Gray will include a full suite of facilities needed to support television and film production. The new facilities will include multiple soundstages, production office space, warehouses and mill space, as well as parking and other necessary amenities.

Gray’s InvestigateTV Announces Two Additions To Reporting Team

InvestigateTV, the investigative unit owned by Gray Television, announced the addition of investigative reporter Joce Sterman and consumer investigative reporter Caresse Jackman. Joce Sterman is a National Headliner, Murrow and Emmy award-winning investigative journalist with more than 20 years of experience in television and radio news. Prior to joining InvestigateTV, she was the lead national […]

Ron Bartholomew Named GM Of WNDU South Bend

Gray Television moves the sales executive from its WMC Memphis to oversee operations of its Indiana NBC affiliate.

EARNINGS CALL

Gray TV Sees ‘Gargantuan Year’ In Political Ads

Gray Television Chairman-CEO Hilton Howell: “I think [2022] will likely rival, if not exceed, any previous presidential election.”

QUARTERLY REPORT

Gray 1Q Revenue Up 10%

The increase to $827 million was driven by increase in local, national and political advertising as well as retransmission consent money.

Talking TV: How GMs Are Tackling Programming Needs

TVNewsCheck‘s Michael Depp talks with Kym Grinnage, regional VP for Gray Television and GM of its WWBT Richmond, Va., about spot TV’s resurgence, OTT growth and how he’s reconciling widening programming needs with a newsroom still exhausted and recovering from the pandemic.

WGCL-WPCH Atlanta Expand Newscasts

Gray Television’s Atlanta duopoly of WGCL (CBS) and WPCH (independent) are increasing their local news offerings with the addition of a 7 p.m. newscast on WGCL and a 7 a.m. broadcast on WPCH. CBS46 News at 7pm debuted this week at the No. 1 spot among the local news competition, according to the station. The […]

MARKET SHARE

Gray Recognizes WMC Memphis’ Streaming News Coverage With ‘OTTy Award’

Gray And Telemundo Expand Affiliation Partnership

In addition to extending its 12 current affiliations, the station group will launch Telemundo affiliations in 22 additional markets.

TVN FOCUS ON PROGRAMMING

Local TV Content Still The ‘Best Stuff,’ But Only If Investments Are Made In Its Producers

Executives from Fox Television Stations, E.W. Scripps, Tegna, Gray and Blackbird said in a TVNewsCheck webinar Thursday that local content is becoming increasingly crucial in a world of shrinking syndication options, but to pull it off more resources need to be invested in local people and the technology to support them.

John O’Brien Named GM Of WAVE Louisville

Gray Television moves him from WNDU South Bend, Ind., to succeed Ronna Corrente as head of its Kentucky NBC affiliate.

Gray Closes Its Purchase Of WKTB-CD Atlanta

Susan Sim Oh now leads Gray’s Telemundo station group.

Former WBKO Bowling Green Anchor Laura Rogers Fighting Non-Compete Clause So She Can Get Back to Work

Gray, Hearst, Graham, CoxReps Invest In Matrix Solutions’ Media Sales Gateway

Matrix Solutions, a provider of global media revenue management technology, today rolled out the next-phase development of its Media Sales Gateway with investment and expertise from partnerships with Gray Television, CoxReps, Graham Media, and Hearst Television. Cox Enterprises’ Videa software will serve as the initial back-end technology for traditional linear spot and all future development will be built on Azure […]

MARKET SHARE

WTVG’s Live Streaming News Coverage Earns March Award From Gray

Gray Television Officers Got Large Stock Awards In 2021

Top officers at Gray Television received sizable stock awards in connection with the acquisitions of Quincy Media and Meredith Corp.’s local media group, boosting their total compensation. CEO Hilton Howell Jr., received $11.5 million in total compensation in 2021, up 77% from 2020’s $6.5 million, according to the company’s proxy statement, released Friday.

TVN Webinar: Producing More Programming Without Breaking The Bank (Or Your Staff)

Executives from Fox Television Stations, Gray Television, Tegna, Blackbird and E.W. Scripps will discuss how they’re diversifying local programming to replace syndicated content and create new options for their linear and streaming channels, all while containing costs, in a TVNewsCheck Working Lunch Webinar on April 14 at 1 p.m. ET. Register here.

WGCL Atlanta Plans 40+ Person Expansion Of Newsroom

Atlanta-based Gray Television is in the midst of a massive expansion of the CBS affiliate’s newsroom since it took over in December.

Gray Announces Management Changes

Following the resignation of Senior Vice President-Local Media Chris Mossman, the company has promoted Ronna Corrente to senior vice president-local media to oversee Gray’s television markets in the Southeast and has also given five GM’s more responsibility as regional vice president/general managers.

Rob Boenau Named KOLD Tucson GM

Gray Television promotes the marketing director of it Cleveland stations to oversee its CBS affiliate in Tucson, Ariz.

QUARTERLY EARNINGS ANALYSIS

Political Ad Projections Keep Rising

Broadcasters widely increased their political revenue guidance for 2022 following an earnings season in which spot saw continued growth across categories except for the still-beleaguered automotive industry.

advertising, political advertising, quarterly earnings analysis

Gray Names Lorri McClain To Its Board Of Directors

Gray Television on Monday announced that its board of directors unanimously voted to expand the board by one seat and elected Lorri McClain as an independent director to fill that position, effective March 1. Like all directors, Ms. McClain’s term will run through the company’s next annual meeting. McClain is the president of Reicon Management, […]

MARKET SHARE MONDAY MEMO

WVLT’s Live Streaming News Coverage Earns Award From Gray

WVLT’s live streaming news coverage of two men trapped in a collapsed trench and a 6-year-old boy lost in the woods earned an award from its owner, Gray Television.

EARNINGS CALL

Gray TV Boosts Political Revenue Target

Hilton Howell: “We are increasing our 2022 political revenue guidance by approximately 10% from the $525 million announced on our November 2021 earnings call, to $575 million today. This … represents a whopping 55% increase over the $372 million of political revenue that we achieved on a combined historical basis in the last mid-term election year of 2018.”

Lisa Allen Upped To GM Of Gray’s DC Operations

The executive producer of Full Court Press with Greta Van Susteren will now oversee the various elements of Gray’s operations on Capitol Hill and ensure their close integration with other newsrooms and resources across the company.