13. GRAY TELEVISION
13. GRAY TELEVISION, Atlanta
2015 Spot Revenue: $535.3 million Stations: 107 in 52 markets Coverage: 9.6% Ownership: Gray Television Inc. (NYSE: GTN) Key Executives: Hilton Howell, president-CEO/vice chairman; Kevin Latek, EVP/chief legal and development officer; James Ryan, EVP/chief financial officer; Bob Smith, EVP/co-COO; Nick Waller, EVP/co-CEO; Jason Effinger, EVP/chief digital and technology officer.
What’s Up: Gray has been busy in the past 12 months buying and selling stations. Last September, it spent $442.5 million on Schurz Communications’ TV and radio stations (it then sold off the radio assets for $16 million). It’s most recent purchase came in May when it announced it was buying WDTV-WVFX Clarksburg, W.Va., from Withers Broadcasting for $26.5 million.
Gray also made news with its decision last fall to bring its rep business in-house. And in April it invested $3 million in Syncbak, a technology company that replicates over-the-air broadcasts for delivery over-the-top via the internet — live and on-demand.
TVNewsCheck named Gray Television its Station Group of the Year.
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