Gray Television, Inc.

Last price update: 04 Oct 24 23:00 GMT

Price:
$5.44
Open:
$5.43
Previous close:
$5.34
Day's range:
$5.39 - $5.48
Year's range:
$4.15 - $10.07
Net Income per Share:
0.07
Price-to-Earnings ratio:
77.71
52-week Price Range:
$5.09
Volume:
$651,543.00
Average volume:
$1,511,435.00

Company profile for Gray Television, Inc.

Gray Television, Inc. logo

Gray Television, Inc. is a publicly-traded television broadcasting company headquartered in Atlanta, Georgia. Founded in 1891, Gray Television has ownership and/or operates television stations and digital assets in the United States. It broadcasts secondary digital channels affiliated to major networks such as ABC, CBS, NBC, and FOX, as well as multiple other networks and program services, including CW Plus Network, MY Network, the MeTV Network, Justice, This TV Network, Antenna TV, Telemundo, Cozi, Heroes and Icons, and MOVIES! Network. Additionally, it also provides video program production services and operates local news/weather channels in various markets.

As of 2020, Gray Television owns and operates television stations and digital assets in 113 different television markets across the United States, making it one of the largest owners of television stations in the country. The company’s portfolio includes 93 stations affiliated with ABC, NBC, CBS, and Fox, serving over 79 million US television households. Thanks to its expansive network of stations, the company has a total reach of approximately 24.2% of all US households.

Gray Television has also expanded its online offerings and has created various digital platforms as part of its digital strategis. Digital platforms include webpages and apps for mobile devices, providing viewers with up-to-date local news and digital content. It also owns and operates a portfolio of digital multicast networks that broadcast the latest movie titles, classic movies, and other entertainment content.

In addition to its television broadcasting operations, Gray Television also operates a marketing solutions division which provides digital advertising solutions to local and national advertisers. This division works to maximize revenue by providing services that produce customized advertising campaigns targeting specific audiences. The company also operates several subsidiaries, such as Gray Digital Media, which owns and operates local digital media websites and a digital publishing platform.

The company has continued to expand its operations and has acquired several other media companies in recent years. It acquired Raycom Media in 2018, further increasing its reach to 94 new markets, and Schurz Communications in 2019, adding 15 more television stations to its portfolio.

Gray Television continues to be a leader in the television broadcasting industry, and its dedication to providing quality content and digital platforms has allowed it to remain a top media company in the United States.

Stock exchanges:
NYSE
Sector:
Communication Services
Industries:
Broadcasting
Ticker:
GTN
CIK:
43196
ISIN:
US3893751061
Website:
https://www.gray.tv
Phone:
404 504 9828
Origin:
United States
Employees:
8,608