Quincy Media

Gray Television Announces CFO Jim Ryan’s Upcoming Retirement and Appointment of Jeff Gignac to Succeed Him

Retrieved on: 
Tuesday, February 20, 2024

Gray and Jim have agreed that he will remain with Gray as a Senior Advisor through his retirement to assist with a seamless transition of his duties.

Key Points: 
  • Gray and Jim have agreed that he will remain with Gray as a Senior Advisor through his retirement to assist with a seamless transition of his duties.
  • To succeed Jim as CFO, Gray announced the hiring of Jeff Gignac, who currently serves as a Managing Director and Head of Media & Telecom Investment Banking at Wells Fargo Securities.
  • Jeff has worked closely with Jim and the Company as one of its lead bankers for the past several years.
  • Jim joined Gray as its CFO in 1998 upon our acquisition of Busse Broadcasting, where Jim had also served as CFO.

Gray Renews CBS Network Affiliations Covering All 54 Existing Markets

Retrieved on: 
Thursday, June 22, 2023

ATLANTA, June 22, 2023 (GLOBE NEWSWIRE) -- Gray Television, Inc. (“Gray”) (NYSE: GTN) has entered into a new agreement with Paramount Global that renews all of Gray’s existing CBS network affiliations, encompassing seven markets acquired from Meredith Corporation and 47 legacy markets.

Key Points: 
  • ATLANTA, June 22, 2023 (GLOBE NEWSWIRE) -- Gray Television, Inc. (“Gray”) (NYSE: GTN) has entered into a new agreement with Paramount Global that renews all of Gray’s existing CBS network affiliations, encompassing seven markets acquired from Meredith Corporation and 47 legacy markets.
  • In 2022, according to Comscore, Gray’s CBS affiliated stations had the highest all-day ratings among all local stations in 29 markets and the first or second highest all-day ratings in 45 markets, comprising 83 percent of Gray’s CBS portfolio.
  • Nearly all of Gray’s CBS affiliates have been broadcasting CBS network programming from their very first days on the air.
  • In fact, Gray is now recruiting to fill an additional 74 open positions in those seven CBS markets.

BYRON ALLEN'S ALLEN MEDIA GROUP SIGNS PURCHASE AGREEMENT FOR $28.5 MILLION CASH ACQUISITION OF MONTGOMERY, ALABAMA FOX AFFILIATE WCOV-TV

Retrieved on: 
Thursday, December 16, 2021

LOS ANGELES, Dec. 15, 2021 /PRNewswire/ -- Byron Allen's Allen Media Group division Allen Media Broadcasting is proud to announce it has signed a purchase agreement for its acquisition of the Montgomery, Alabama broadcast television station WCOV-TV (Fox 20) -- UHF digital channel 22 -- from David Woods and his Woods Communications Corporation for $28.5 million in cash. This acquisition is expected to close in 2022.

Key Points: 
  • The most recent television station acquisition by Allen Media Broadcasting was Honolulu's KIKU-TVin September, 2021.
  • In August 2021, Allen Media Broadcasting completed its $380 million cash acquisition of 10 local television stations in seven markets divested from the Gray Television transaction with Quincy Media.
  • In a separate deal in July, 2021, Allen purchased Flint, Michigan's ABC affiliate WJRT-TV from Gray Television for $70 million.
  • Allen Media Group was founded by Byron Allen in 1993.

Gray Names New General Managers

Retrieved on: 
Tuesday, November 16, 2021

ATLANTA, Nov. 16, 2021 (GLOBE NEWSWIRE) -- Gray Television, Inc. (Gray) (NYSE: GTN) today named several new General Managers across its television station portfolio.

Key Points: 
  • ATLANTA, Nov. 16, 2021 (GLOBE NEWSWIRE) -- Gray Television, Inc. (Gray) (NYSE: GTN) today named several new General Managers across its television station portfolio.
  • Since 2018, Matt has served as General Manager of WSAZ (NBC) and WQCW (CW) in Charleston-Huntington, West Virginia, which he originally joined as general sales manager in 2013.
  • Earlier this year, Jim became the General Manager of WEEK (NBC/ABC) in Peoria, Illinois, following an 11-year tenure as the General Manager of KWWL (ABC) in Cedar Rapids, Iowa.
  • In Charlottesville, Virginia (DMA 178), Laura Serbon will become the General Manager/General Sales Manager of WVIR (NBC), where she currently holds the position as general sales manager.

Gray Television Announces New General Managers for Certain Meredith Markets

Retrieved on: 
Monday, November 15, 2021

Grays senior leadership appreciates the loyal service that these stations current General Managers have provided to these Meredith television stations and their local communities.

Key Points: 
  • Grays senior leadership appreciates the loyal service that these stations current General Managers have provided to these Meredith television stations and their local communities.
  • Nevertheless, after careful consideration and extensive analysis over the past several months, Gray concluded that immediate changes in certain Meredith markets would facilitate the prompt integration of these stations into the Gray portfolio of leading local television stations and local digital platforms.
  • Prior to that, she was the General Manager of (then-Raycom, now Gray) television stations KOLD in Tucson, Arizona, and WFIE in Evansville, Indiana.
  • Upon its anticipated acquisition of the television stations of Meredith Corporation, Gray will become the nations second largest television broadcaster, with television stations serving 113 markets that reach approximately 36 percent of US television households.

Michele Gors Promoted to General Manager of KEYC in Mankato

Retrieved on: 
Tuesday, October 19, 2021

ATLANTA, Oct. 19, 2021 (GLOBE NEWSWIRE) -- Gray Television, Inc. (Gray) (NYSE: GTN) announced today that it has promoted Michele Gors to General Manager of KEYC News Now (CBS/Fox) in Mankato, Minnesota.

Key Points: 
  • ATLANTA, Oct. 19, 2021 (GLOBE NEWSWIRE) -- Gray Television, Inc. (Gray) (NYSE: GTN) announced today that it has promoted Michele Gors to General Manager of KEYC News Now (CBS/Fox) in Mankato, Minnesota.
  • Michele is an Emmy Award winning broadcast professional with more than three decades in the industry.
  • Michele has served as a News Manager and News Director in several markets including Memphis (WREG), Tampa (WTSP), Las Vegas (KTNV) and Wichita (KWCH), among others.
  • Michele begins her new role at KEYC on November 15, 2021.

MAGNA Global, Omnicom Media Group, Nexstar Media, Meredith Local Media Group, Quincy Media, Univision Communications Dominate Awards at TVB’s 2021 Forward Conference

Retrieved on: 
Thursday, September 30, 2021

Winners of the 2021 TVB Excellence Awards and TVB NEXT Awards were announced earlier today at the annual TVB Forward Conference .

Key Points: 
  • Winners of the 2021 TVB Excellence Awards and TVB NEXT Awards were announced earlier today at the annual TVB Forward Conference .
  • Every year, TVB , the not-for-profit trade association representing Americas multi-billion-dollar local broadcast television industry, celebrates individuals and organizations who are shaping the future of local media.
  • In 2021, brands and their media partners were tasked with navigating an intense period of change and disruption.
  • A 20+ year veteran of IPG/MAGNA, Kathy oversees all local activity for clients including Amazon, Rocket Mortgage, Gilead, BMW, Coca-Cola, T-Mobile, and Arbys.

Charity Holman Promoted to General Manager of WVVA in Bluefield, WV

Retrieved on: 
Tuesday, August 3, 2021

ATLANTA, Aug. 03, 2021 (GLOBE NEWSWIRE) -- Gray Television, Inc. (Gray) (NYSE: GTN) has promoted Charity Holman to the position of General Manager of WVVA (NBC) in Bluefield, West Virginia.

Key Points: 
  • ATLANTA, Aug. 03, 2021 (GLOBE NEWSWIRE) -- Gray Television, Inc. (Gray) (NYSE: GTN) has promoted Charity Holman to the position of General Manager of WVVA (NBC) in Bluefield, West Virginia.
  • Charity succeeds Frank Brady, who recently retired as the stations General Manager after more than 15 years with the television station and 47 years in broadcasting.
  • Since joining WVVA in September 2006, Charity has held a number of sales positions for the station.
  • She has served as the stations General Sales Manager since 2014, and she added the position Station Manager to her responsibilities in January 2019.

Gray Television Closes Quincy Acquisition

Retrieved on: 
Monday, August 2, 2021

Gray Television, Inc. (NYSE: GTN) announced today that it has completed its acquisition of Quincy Media, Inc. (QMI) and its divestment of ten QMI stations in the seven Gray/QMI overlap markets to Byron Allens Allen Media Broadcasting, LLC (Allen Media).

Key Points: 
  • Gray Television, Inc. (NYSE: GTN) announced today that it has completed its acquisition of Quincy Media, Inc. (QMI) and its divestment of ten QMI stations in the seven Gray/QMI overlap markets to Byron Allens Allen Media Broadcasting, LLC (Allen Media).
  • As a result of these transactions, Gray has become the owner of 12 additional local television stations serving eight new markets as well as WGEM(AM)/FM in Quincy, Illinois.
  • Gray now owns television stations serving 102 television markets that collectively reach 25.4 percent of US television households, including the number-one ranked television station in 76 markets and the first and/or second highest ranked television station in 93 markets according to Comscores average all-day ratings for calendar year 2020.
  • At that time, Gray will become the nations second largest television broadcaster, with a portfolio of television stations serving 113 local markets reaching approximately 36 percent of US television households.

BYRON ALLEN’S ALLEN MEDIA BROADCASTING BUYS ABC AFFILIATE WJRT-TV IN FLINT, MICHIGAN FROM GRAY FOR $70 MILLION

Retrieved on: 
Wednesday, July 14, 2021

ATLANTA, July 14, 2021 (GLOBE NEWSWIRE) -- Gray Television, Inc. (Gray) (NYSE: GTN) has reached an agreement to divest WJRT-TV, its ABC affiliate for the Flint-Saginaw, Michigan, television market, to Byron Allens Allen Media Broadcasting, LLC (Allen Media) for $70 million dollars in cash.

Key Points: 
  • ATLANTA, July 14, 2021 (GLOBE NEWSWIRE) -- Gray Television, Inc. (Gray) (NYSE: GTN) has reached an agreement to divest WJRT-TV, its ABC affiliate for the Flint-Saginaw, Michigan, television market, to Byron Allens Allen Media Broadcasting, LLC (Allen Media) for $70 million dollars in cash.
  • Allen Media Group was founded by Byron Allen in 1993.
  • On April 29, 2021, Gray and Allen Media Group announced that Allen Media Group would acquire ten television stations currently owned by Quincy Media, Inc. for $380 million upon Grays anticipated acquisition of Quincy in the third quarter.
  • We are delighted to win the process to add this wonderful local television station and its great employees to the fast-growing Allen Media Group family, said Byron Allen, Founder, Chairman, and CEO of Allen Media Group.