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Gray and Telemundo Significantly Expand Affiliation Partnership

Retrieved on: 
Tuesday, May 3, 2022
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ATLANTA, May 03, 2022 (GLOBE NEWSWIRE) -- Gray Television, Inc. (Gray, we, or our) (NYSE: GTN) has reached an agreement with Telemundo Network Group, LLC that extends the term of Grays affiliation agreements with Telemundo Network for its existing 12 markets, including Atlanta and 7 markets in Texas.

Key Points: 
  • ATLANTA, May 03, 2022 (GLOBE NEWSWIRE) -- Gray Television, Inc. (Gray, we, or our) (NYSE: GTN) has reached an agreement with Telemundo Network Group, LLC that extends the term of Grays affiliation agreements with Telemundo Network for its existing 12 markets, including Atlanta and 7 markets in Texas.
  • The new agreement also awards Gray the right to launch the first-ever local Telemundo affiliations on Grays television stations in 22 additional markets.
  • The newest Telemundo TV markets are located primarily in the South, which aligns with the Hispanic population growth within the US.
  • Initially, Telemundo Georgia will distribute the signal of Telemundo Atlanta (WKTB) in all markets.

GRAY EXPANDS ITS ATLANTA MEDIA INVESTMENTS WITH PURCHASE OF TELEMUNDO ATLANTA

Retrieved on: 
Monday, February 7, 2022
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The purchase also includes sister company, Surge Digital Media, a full-service, boutique digital agency that excels at multi-cultural, multi-lingual marketing and video production.

Key Points: 
  • The purchase also includes sister company, Surge Digital Media, a full-service, boutique digital agency that excels at multi-cultural, multi-lingual marketing and video production.
  • Gray entered the Atlanta media market just a few weeks ago with its acquisition of CBS46 and PeachtreeTV as part of its Meredith Corporation transaction.
  • Grays Chairman and CEO Hilton Howell remarked, We are very excited to add Telemundo Atlanta and Surge Digital to our growing local presence in our hometown.
  • Today, Telemundo Atlanta provides the most local news in Spanish in the Atlanta DMA with daily 5:30pm, 6pm and 11pm live newscasts.