WKTB-CD

GRAY CLOSES ITS PURCHASE OF TELEMUNDO ATLANTA

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Friday, April 1, 2022
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ATLANTA, April 01, 2022 (GLOBE NEWSWIRE) -- Gray Television, Inc. (Gray) (NYSE: GTN) today closed on its previously announced acquisition of WKTB-CD, which broadcasts top-tier Spanish and Korean broadcast networks, including Telemundo and which ultimately serves the fastest growing minority groups in Atlanta with a reach of over one million viewers.

Key Points: 
  • ATLANTA, April 01, 2022 (GLOBE NEWSWIRE) -- Gray Television, Inc. (Gray) (NYSE: GTN) today closed on its previously announced acquisition of WKTB-CD, which broadcasts top-tier Spanish and Korean broadcast networks, including Telemundo and which ultimately serves the fastest growing minority groups in Atlanta with a reach of over one million viewers.
  • The purchase also included sister company Surge Digital Media, a full-service, boutique digital agency that excels at multi-cultural, multi-lingual marketing and video production.
  • Concurrent with the closing, the stations former owners joined Gray Television along with the rest of the station and Surge Digital employees.
  • Kevin P. Latek, Executive Vice President, Chief Legal and Development Officer, 404-266-8333
    Susan Sim Oh, Vice President of Strategy and Operations, Telemundo Station Group, 404-388-6560.