GRAY TELEVISION, INC.


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Locations: TENNESSEE, LOS ANGELES, MEREDITH, EUROPE, MAINE, BUCKS, AR, ERNST, NOTRE DAME, DISH, BALLY, EAGLE PASS, WALL STREET, ATLANTA, GA, US, GREY, GEORGIA, NEVADA, SOUTH CAROLINA, NORTH CAROLINA, UNITED STATES, RYE, NY, NEW YORK CITY

Gray Television Launches Its First NextGen TV Station

Retrieved on: 
Monday, December 7, 2020

Atlanta, Dec. 07, 2020 (GLOBE NEWSWIRE) -- On December 2, 2020, Gray Television, Inc. (Gray, we, or our) (NYSE: GTN) launched our first NextGen TV (ATSC 3.0) station when we lit up WNXG, our low power television station in Tallahassee, Florida, using the new transmission standard.

Key Points: 
  • Atlanta, Dec. 07, 2020 (GLOBE NEWSWIRE) -- On December 2, 2020, Gray Television, Inc. (Gray, we, or our) (NYSE: GTN) launched our first NextGen TV (ATSC 3.0) station when we lit up WNXG, our low power television station in Tallahassee, Florida, using the new transmission standard.
  • What this team created with WNXG is remarkable in its own right and also creates a significant Gray Television milestone!
  • Gray currently owns and/or operates television stations and leading digital properties in 94 television markets, including the number-one rated television station in 68 markets and the first or second highest rated television station in 86 markets.
  • Grays television stations cover approximately 24 percent of US television households and broadcast approximately 400 separate programming streams, including nearly 150 affiliates of the CBS/NBC/ABC/FOX networks.

Gray Files Supreme Court Brief Supporting Modernized Television Station Ownership Rules

Retrieved on: 
Tuesday, November 24, 2020

Atlanta, Georgia, Nov. 24, 2020 (GLOBE NEWSWIRE) -- Gray Television, Inc. (Gray, we, or our) (NYSE: GTN) announced today that it has filed in the US Supreme Court an amicus brief supporting the reversal of a lower court decision that hinders efforts by the Federal Communication Commission (FCC) to modernize its broadcast ownership rules.

Key Points: 
  • Atlanta, Georgia, Nov. 24, 2020 (GLOBE NEWSWIRE) -- Gray Television, Inc. (Gray, we, or our) (NYSE: GTN) announced today that it has filed in the US Supreme Court an amicus brief supporting the reversal of a lower court decision that hinders efforts by the Federal Communication Commission (FCC) to modernize its broadcast ownership rules.
  • Grays brief also argues that the Third Circuits decision harms small and mid-sized communities around the nation by depriving them of the benefits of the FCCs updated broadcast ownership rules.
  • Gray anticipates a ruling by the Supreme Court by June 2021.
  • Gray currently owns and/or operates television stations and leading digital properties in 94 television markets, including the number-one rated television station in 68 markets and the first or second highest rated television station in 86 markets.

Gray Television Announces $150 Million Expansion of Share Repurchase Authorization

Retrieved on: 
Thursday, November 5, 2020

This additional authorization increases the total capacity under Grays share repurchase program to $220 million when combined with the approximately $70 million remaining under its previous authorization.

Key Points: 
  • This additional authorization increases the total capacity under Grays share repurchase program to $220 million when combined with the approximately $70 million remaining under its previous authorization.
  • Share repurchases would be implemented through purchases made from time to time in either the open market or private transactions.
  • The new authorization prohibits the Company from purchasing shares directly from the Companys officers, directors, or the Gray Television, Inc. Capital Accumulation Plan (401K plan).
  • Gray currently owns and/or operates television stations and leading digital properties in 94 television markets that collectively reach approximately 24 percent of US television households.

Gray Announces Closing of Offering of $800 Million of 4.750% Senior Notes Due 2030

Retrieved on: 
Monday, October 19, 2020

Atlanta, Oct. 19, 2020 (GLOBE NEWSWIRE) -- Gray Television, Inc. (Gray, we, us or our) (NYSE: GTN) announced today that it has completed its previously announced offering of $800 million in aggregate principal amount of 4.750% senior notes due 2030 (the Notes).

Key Points: 
  • Atlanta, Oct. 19, 2020 (GLOBE NEWSWIRE) -- Gray Television, Inc. (Gray, we, us or our) (NYSE: GTN) announced today that it has completed its previously announced offering of $800 million in aggregate principal amount of 4.750% senior notes due 2030 (the Notes).
  • The Notes are guaranteed, jointly and severally, by each existing and future restricted subsidiary of Gray that guarantees Grays existing senior credit facility.
  • Interest on the Notes accrues from October 19, 2020 and is payable semiannually, on April 15 and October 15 of each year, commencing April 15, 2021.
  • Gray Contacts: www.gray.tv Jim Ryan, Executive Vice President and Chief Financial Officer, 404-504-9828 Kevin P. Latek, Executive Vice President, Chief Legal and Development Officer, 404-504-9828

Four Gray Television Stations Honored with National Edward R. Murrow Awards

Retrieved on: 
Monday, October 12, 2020

ATLANTA, Oct. 12, 2020 (GLOBE NEWSWIRE) -- Gray Television, Inc. (Gray) (NYSE: GTN) announced today that the Radio Television Digital News Association (RTDNA) has selected four of Gray Televisions local stations as National Edward R. Murrow winners for excellence in journalism in the Small Market Television Station category.

Key Points: 
  • ATLANTA, Oct. 12, 2020 (GLOBE NEWSWIRE) -- Gray Television, Inc. (Gray) (NYSE: GTN) announced today that the Radio Television Digital News Association (RTDNA) has selected four of Gray Televisions local stations as National Edward R. Murrow winners for excellence in journalism in the Small Market Television Station category.
  • In May 2020, RTDNA awarded a combined 49 regional Edward R. Murrow awards for excellence in journalism to 21 of Gray Televisions local stations, including:
    1.
  • RTDNA has been honoring outstanding achievements in electronic journalism with the Edward R. Murrow Awards since 1971.
  • Gray currently owns and/or operates television stations and leading digital properties in 94 television markets that collectively reach approximately 24 percent of US television households.

GRAY ANNOUNCES UPSIZING AND PRICING OF $800 MILLION OF 4.750% SENIOR NOTES DUE 2030

Retrieved on: 
Thursday, October 8, 2020

The offering of the Notes is expected to close on October 19, 2020, subject to customary closing conditions.

Key Points: 
  • The offering of the Notes is expected to close on October 19, 2020, subject to customary closing conditions.
  • The Notes will be senior unsecured obligations of Gray and will be guaranteed, jointly and severally, by each existing and future restricted subsidiary of Gray that guarantees Grays existing senior credit facility.
  • Furthermore, the foregoing does not constitute a notice of redemption for, or an offer to purchase, any of the existing 2024 notes.
  • Gray Contacts: www.gray.tv Jim Ryan, Executive Vice President and Chief Financial Officer, 404-504-9828 Kevin P. Latek, Executive Vice President, Chief Legal and Development Officer, 404-504-9828

GRAY ANNOUNCES PRIVATE OFFERING OF SENIOR NOTES

Retrieved on: 
Thursday, October 8, 2020

The Notes will be the Companys senior unsecured obligations and will be guaranteed, jointly and severally, by each existing and future restricted subsidiary of Gray that guarantees Grays existing senior credit facility.

Key Points: 
  • The Notes will be the Companys senior unsecured obligations and will be guaranteed, jointly and severally, by each existing and future restricted subsidiary of Gray that guarantees Grays existing senior credit facility.
  • Gray intends to use the net proceeds of the offering to (i) redeem all of its outstanding $525.0 million aggregate principal amount of 5.125% senior notes due 2024 (the existing 2024 notes), (ii) pay all fees and expenses in connection with the offering, including the redemption premium applicable to the existing 2024 notes and (iii) for general corporate purposes.
  • On October 8, 2020, Gray also issued a conditional notice of redemption to the holders of the existing 2024 notes, notifying such holders that Gray intends to redeem all of the existing 2024 notes on October 19, 2020.
  • The redemption of the existing 2024 notes is conditioned upon the consummation of offering of Notes discussed above.

GRAY SETS DATE FOR THIRD QUARTER EARNINGS RELEASE AND EARNINGS CONFERENCE CALL

Retrieved on: 
Wednesday, October 7, 2020

ATLANTA, Oct. 07, 2020 (GLOBE NEWSWIRE) -- Gray Television, Inc. (NYSE: GTN) today announced that it will release its earnings results for the quarter ending September 30, 2020 on Thursday, November 5, 2020.

Key Points: 
  • ATLANTA, Oct. 07, 2020 (GLOBE NEWSWIRE) -- Gray Television, Inc. (NYSE: GTN) today announced that it will release its earnings results for the quarter ending September 30, 2020 on Thursday, November 5, 2020.
  • Gray Television, Inc. will host a conference call to discuss its operating results for the quarter ended September 30, 2020 on Thursday, November 5, 2020.
  • The taped replay of the conference call will be available at 1-855-859-2056 Confirmation Code: 5369129 until December 4, 2020.
  • Gray Contacts: www.gray.tv Jim Ryan, Executive Vice President and Chief Financial Officer, 404-504-9828 Kevin P. Latek, Executive Vice President, Chief Legal and Development Officer, 404-266-8333

Gray Names Jay Webb as General Manager of WHSV and WSVF

Retrieved on: 
Monday, August 31, 2020

ATLANTA, Aug. 31, 2020 (GLOBE NEWSWIRE) -- Gray Television, Inc. (Gray) (NYSE: GTN) has named Jay Webb the General Manager of WHSV (ABC) and WSVF (CBS/Fox) in Harrisonburg, Virginia (DMA 175).

Key Points: 
  • ATLANTA, Aug. 31, 2020 (GLOBE NEWSWIRE) -- Gray Television, Inc. (Gray) (NYSE: GTN) has named Jay Webb the General Manager of WHSV (ABC) and WSVF (CBS/Fox) in Harrisonburg, Virginia (DMA 175).
  • For the past five years, Jay has served as the News Director for this operation, a position he will continue to hold as General Manager.
  • Jay first joined WHSV in 2000, left for Grays WDBJ (CBS) in Roanoke in 2006, and returned to Harrisonburg in 2013.
  • Jay succeeds Sacha Purciful, who recently became General Manager of Grays KSLA News12 (CBS) in Shreveport, Louisiana.