It has been suggested that this article be split into articles titled List of stations owned or operated by Gray Television and Circle (TV network). (Discuss) (January 2020)
|Gray Communications Systems, Inc.|
|Products||148 terrestrial TV stations|
|Revenue||$1.084 billion USD (2018)|
|$388.7 million USD (2018)|
|$210.8 million USD (2018)|
|US$4.21 billion USD (2018)|
|US$1.187 billion USD (2018)|
Number of employees
|Footnotes / references|
Gray Television, Inc. is an American publicly traded television broadcasting company based in Atlanta, Georgia. Founded in 1946 by James Harrison Gray as Gray Communications Systems, the company owns or operates 145 stations across the United States, based primarily in markets as large as Cleveland and as small as North Platte, Nebraska.
James H. Gray started his communication business with the purchase of The Albany Herald in 1946 after he returned from World War II. Gray launched WALB-TV in 1954. In 1960, Gray purchased WJHG-TV in Panama City, FL, and followed it later in the decade with KTVE serving Monroe, LA and southern Arkansas.
In 1986 Gray died, leaving his 50.5% share of the stock in a trust for his children with stipulation that they run the business together, sell their stock with each other or sell out together. This caused difficulties as two of the three wanted to sell with the third unable to purchase. In 1991, to break the stalemate, the board of directors had the company purchase 25% of their shares.
The company was then taken public on NASDAQ's small-cap market in the 2nd quarter 1992. The price per share dropped to $8. The company put itself-or any part up-for sale by the end of 1992. While the board of directors received about 40 offers, Bull Run Corporation purchased the remaining shares of the Gray siblings, who as part of the deal resigned from the board.
New management was put in place at all three TV stations. Bull Run Corporation, primarily owned by J. Mack Robinson, decided to make Gray a Southeast regional media company, expanding its focus beyond the state of Georgia. Gray purchased two TV stations (WKYT-TV and WYMT) from the failed and government seized Kentucky Central Life Insurance Co. in September 1994 after a court challenge to the sale by Kentucky Central builder Garvie Kincaid.
In 1994 and 1995, Gray purchased two newspapers, the Rockdale Citizen (acquired May 31, 1994) and Gwinnett Post-Tribune (acquired January 1995; quickly renamed Gwinnett Daily Post) and seven advertising weeklies. In 1995, the company moved its stock listing to the New York Stock Exchange. By this time, Robinson, directly or through Bull Run, owned 44% of the company's stock. Gray had started to focus on its TV station segment over the newspaper holding while TV produced more income and the newspapers' income were declining. Just months after doubling the Daily Posts staff, one third were laid off and a quarter of The Albany Heralds staff followed in January 1996. Newspaper leaders resigned during this period–from the corporate president in late 1995 to the Citizens editor and publisher.
In 1996, Gray added additional TV stations while entering additional communication industry segments. The company was considered in 1996 by Fortune magazine as the 81st fastest growing company, having a 48% percent growth rate. WRDW-TV was purchased in January 1996. In September 1996 a basket purchase from First American Media, Inc., Gray got two TV stations (WCTV and WVLT-TV), Satellite and Production Business Services, which was renamed Lynqx Communications and PortaPhone paging business.
In August and September 1996, Gray raised additional operating funds by various means. On August 20, KTVE was sold for cash and accounts receivable. The company issued and sold Class B common stock (through a public offering), senior subordinated notes and preferred stock in September. Also, a new bank credit facility was arranged. This brought the company total to $534.5 million in available funds with $409.5 million directly available.
Also in September 1996, Ralph Gabbard, the newly named president and CEO, died from a heart attack at age 50. Robinson, Bull Run's chair, took over as interim CEO and president with Bull Run CEO Robert Prather as interim executive vice-president, acquisitions.
With its additional funds, Gray continued purchasing in 1997 with two announcements in January and February. The company bought Gulflink Communications, Inc., a transportable satellite uplink business based in Baton Rouge, Louisiana, in April 1997 to go along with Lynqx. With Raycom Media acquiring a station from AFLAC Broadcast Group, Inc., forcing them to sell WITN-TV to Gray, which was finalized on August 1, 1997. The Gwinnett Daily Post increased circulation in 1997 through a deal with Genesis Cable Communications to provide the paper to its metro Atlanta subscribers at Genesis's expense.
In 1998, Gray started to expand beyond its Southeast region. As the company agreed to purchase the Busse Broadcasting Corporation, which owned KOLN, KGIN-TV and WEAU. Gray's ownership of a newspaper and TV station in Albany, Georgia while grandfathered was examined under the Media cross-ownership rule of the FCC due to this potential purchase. WALB was thus sold to Liberty Corp.'s Cosmos Broadcasting in August 1998.
In 2002, Robinson became Chairman and CEO, his son-in-law Hilton Howell vice chairman, Prather president/COO and Jim Ryan senior vice president. They had Gray purchase 14 Benedek Broadcasting stations while that company was in bankruptcy.
In 2006, the company spun off its five daily newspapers and wireless messaging business into the newly formed Triple Crown Media, later (in 2010) is renamed Southern Community Newspapers. A new strategy of purchasing stations in college towns or capitals was put into place.
The company had overpaid for a pair of stations and was over leveraged like many other station groups entering the Great Recession. Advertising revenues dropped. The twin problems caused its shares to trade at its lowest at 16 cents in 2008, thus the NYSE indicated they might delist the company. Loan covenants could have forced the company into default. Robinson stepped down with Howell replacing him in 2008.
On July 30, 2009, Gray was awarded a contract to manage seven Young Broadcasting-owned stations. Through December 31, 2012, Gray would earn $2.2 million and an opportunity to earn additional specified incentive fees if certain performance targets were exceeded.
Prather left the company in 2013 and Howell took over the president title. On November 4, 2013, Gray Television announced that it would purchase Yellowstone Holdings for $23 million, adding local stations: KGNS-TV, KGWN, KCWY, and KCHY-LP. Three weeks later, on November 20, Gray announced it would purchase Hoak Media and Parker Broadcasting for $335 million, and North Dakota's Fox affiliate KNDX/KXND for $7.5 million. As part of the deal, stations KAQY, KHAS-TV, and KXJB, were proposed to be sold to Excalibur Broadcasting and operated by Gray under a "local marketing agreements". On December 19, it was announced that stations KREX-TV and WMBB would be sold to Nexstar Broadcasting Group, while KFQX would be sold to Mission Broadcasting. On March 25, 2014, Prime Cities Broadcasting, owner of KNDX/KXND, requested that the FCC dismiss the sale of KNDX/KXND to Excalibur.
The sale was completed on June 13, 2014. However, some stations were forced to go off the air and their programming was moved to a multicast stream on adjacent channels, due to some stations unable to receive regulatory approval, after the FCC's ruling on joint sales agreements. Those silent stations would then be sold off to minority interest, pending FCC approval.
In July 2015, Gray closed its accounting and human resources offices in Albany (housed in the same building as The Albany Herald), combining them with the corporate offices in Atlanta.
In September 2015, Gray announced that it would acquire the television and radio stations of Schurz Communications for $442.5 million. It also purchased KCRG-TV in Cedar Rapids, Iowa from the locally owned Gazette Company, who owned the station from its sign-on in 1953.
In January 2016, Gray Television opened a national news bureau in Washington, D.C., led by former APTV journalist Jacqueline Policastro. The bureau was designed to provide enhanced coverage of national political issues for Gray's local stations.
On May 13, 2016, Gray announced that it would acquire WDTV and WVFX in Clarksburg, West Virginia from Withers Broadcasting for $26.5 million. On June 3, 2016, it was announced that Gray would acquire two stations that were spun-off from the Nexstar-Media General merger; KWQC-TV in Davenport, Iowa and WBAY-TV in Green Bay, Wisconsin for $270 million. On February 16, 2017, Gray announced that it will acquire WABI-TV in Bangor, Maine and WCJB-TV in Gainesville, Florida from Diversified Communications for $85 million. On May 4, 2017, Gray announced its intent to acquire WCAX-TV in Burlington, Vermont from Mount Mansfield Television for $29 million.
In April 2017, Gray Television filed a lawsuit against Nick Prueher and Joe Pickett, founders of the Found Footage Festival, for fraud and copyright infringement, after having booked an appearance on the morning show of a Gray station as a fake strongman act, "Chop and Steele", and utilizing the footage during their show. The parties later agreed to a settlement.
On June 25, 2018, Gray Television announced its intent to acquire Raycom Media for $3.65 billion, pending regulatory approval. The combined company would be led by Raycom's current president and CEO Pat LaPlatney, with current Gray CEO Hilton Howell acting as executive chairman and co-CEO. The acquisition, which Gray expected to close in late 2018, would give Gray 142 stations in 92 markets, making Gray the third-largest owner of television stations in the United States, with a total market share of 24%.
Although Gray foresaw that the acquisition would receive regulatory approval quickly, due to limited market overlap between the two companies and its still-relatively low total market reach post-acquisition. Gray would divest nine stations in markets where Gray and Raycom both already owned stations, including WTNZ, WTOL, KXXV, WTXL, WFXG, KWES-TV, WPGX, WSWG, and WDFX-TV. The sale was approved by the FCC on December 20, 2018. The deal was completed on January 2, 2019.
Gray had announced on April 24, 2019 a joint venture unnamed country music service with Grand Old Opry Entertainment Group, a subsidiary of Ryman Hospitality Properties, a former owner of The Nashville Network. The services would consist of a broadcast diginet and an OTT streaming platform. The joint venture would be based in Nashville under General Manager Drew Riefenberger. Gray would contribute distribution and marketing capabilities, multicast knowledge and affiliate all Gray TV stations. The Circle TV network made its launch on January 1, 2020.
It has been suggested that this section be split out into another article titled List of stations owned or operated by Gray Television. (Discuss) (December 2019)
|Founded||April 24, 2019|
|Slogan||Country Plays Here.|
|January 1, 2020|
|480i (SDTV; widescreen)|
(widescreen availability varies depending on the market)
|Affiliates||List of affiliates|
Circle is an American digital multicast television network that is owned by Circle Media, a joint venture of Gray Television and Ryman Hospitality Properties subsidiary Opry Entertainment Group. The network's programming consists of country music and lifestyle programs--much of it made up of original productions--as well as other programming (including classic television series from the 1960s to the 1990s, and music-focused documentary films) with a country music or rural living focus.
The network--which broadcasts in 480i standard definition--is available primarily through the digital subchannels of broadcast television stations, as well as on select cable television and IPTV providers through a local affiliate of the network. Circle's programming, advertising and administrative operations are headquartered in Nashville, Tennessee.
Circle is Ryman Hospitality Properties' third entry into television network ownership. From its founding in 1983 until 1997, the company--known then as the Gaylord Entertainment Company--was owner of The Nashville Network (TNN; later converted into Spike in 2003 and then as Paramount Network in 2018); Gaylord later bought a second country music-oriented cable network, Country Music Television (CMT), in 1991. Gaylord Entertainment sold both networks were sold by Gaylord to the CBS Cable unit of CBS Corporation in 1997.
Towards the end of the 2010s, Ryman Hospitality was looking to venture back into television. While the company retained ownership of Nashville's pioneering country radio station WSM (650 AM), Ryman had lacked a television partner to broadcast the Grand Ole Opry's music revues since Great American Country removed Opry Live from its schedule in 2012. By 2018, Ryman had settled on developing a broadcast television network, feeling country music fans were underserved in the television marketplace. Ryman tested nine potential programs via a sizzle reel with strongly positive responses from participants involved in the focus group sessions.
On April 24, 2019, Ryman (through its Opry Entertainment Group subsidiary) announced a joint venture with Atlanta, Georgia-based broadcasting company Gray Television to launch a subchannel-originated television network--with most of Gray's stations slated to serve as charter affiliates--in early 2020, and a companion premium streaming service to launch in the Spring of that same year. Plans for the then-unnamed network called for it to feature content from the Grand Ole Opry archives and performances from the Opry and its other music venues. On October 17, 2019, the joint venture partners announced the network would be named Circle, derived from the 360° media platform that the network would encompass to "bring viewers into country music's inner circle" as well as a nod to the wooden circle of the Grand Ole Opry stage. On December 11, 2019, in a press release announcing the network's slate of original programming, Circle Media disclosed that Circle would launch on January 1, 2020. Circle launched at 10:00 a.m. Eastern Time on January 1, 2020, with a television simulcast of the WSM Radio morning program Coffee, Country & Cody (hosted by Country Music Disc Jockey Hall of Fame inductee, television personality and Grand Ole Opry announcer Bill Cody) as its inaugural broadcast.
Circle features programming geared toward both fans of the country music genre and rural audiences, a similar demographic targeted by competing country music-oriented multicast network Heartland (which, incidentally from 2013 until 2015, used The Nashville Network moniker once used by Ryman's original cable network venture). Circle's programming primarily features a mix of original and acquired series with a country music or Southern lifestyle-centric format.
As the network was under development, Circle Media developed several original productions for the network's inaugural programming slate--aiming to make it is one of a handful of digital multicast services that carry original programming, and one of the few (alongside the Live Well Network, which reduced its national distribution outside of sister networks ABC's owned-and-operated stations in January 2015) to have offered a large original content slate. On December 11, 2019, Circle Media announced that it had greenlit 16 original programs slated to debut on the network in Circle's first five months of operation, including a simulcast of WSM Radio's Coffee, Country & Cody (which had previously aired on competing country music-oriented multicast network Heartland, which incidentally was originally named The Nashville Network), the music and interview series The Dailey & Vincent Show (which encompassed production of new episodes as well as archived episodes from the show's prior four-year run on RFD-TV) and several docu-series (including Craig's World, a reality program centering on country artist Craig Morgan; Fandom, focusing on the artist-fan relationship in country music; Upstream, a fishing/interview program hosted by Elizabeth Cook; and several Grand Ole Opry-focused series such as Opry Debut).
Circle also maintains limited program licensing agreements with Warner Bros. Television Distribution and CBS Television Distribution as well as various independent distributors to supply acquired series and documentary programming for the network's schedule. Among the initial acquired offerings were the rights to all surviving episodes of Hee Haw, marking the first time that full episodes of the popular music and comedy sketch show would be shown on television since TNN stopped airing reruns in May 1998. Although it debuted when the Federal Communications Commission (FCC) put into effect changes to the Children's Television Act that eliminated requirements for digital subchannel services to offer compliant content, Circle provides one hour of educational programming aimed at older children and teenagers on Sunday mornings, consisting of shows originally distributed for syndication by Steve Rotfeld Productions and Bellum Entertainment Group.
As of January 2020media markets encompassing 37 states, covering 49.42% (or a total population of 154,430,505 residents) of all households in the United States that own at least one television set., Circle has current or pending affiliation agreements with 81 television stations in 80
Before its launch, Circle Media actively sought affiliation agreements with various television station owners to make the Circle network widely available throughout the United States. The network launched with clearance rate of, at minimum, 50% of overall American television households, in part due to affiliation agreements with stations owned by network co-parent Gray Television (initially encompassing 56 of the group's stations, with no clearance in approximately 15 other small-sized markets with a Gray-owned station) and CBS Television Stations, which provided Circle broad clearance in the 25 largest U.S. markets (including New York City, Los Angeles, Philadelphia, San Francisco, Boston, Miami-Fort Lauderdale and Dallas-Fort Worth) through the group's CW, MyNetworkTV and independent stations. In at least ten of the Gray markets tapped to receive the network (including Birmingham, Green Bay, Charleston and Memphis), Circle displaced either Ion Television (which the group had begun carrying in several of its markets as a subchannel service in 2019 as part of Ion's ongoing distributive expansion beyond its owned-and-operated stations) or another subchannel service (mainly Katz Broadcasting-owned Grit), resulting in them being moved to newly created subchannels on their existing Gray-owned affiliates to make room for Circle.
Ironically as of the network's launch, Circle is not available over-the-air in the network's headquarters of Nashville, despite its status as the hub of the country music industry; Gray Television does not own any television stations in the Nashville television market (one of three Tennessee markets without a Gray station, along with the adjacent Jackson market and the Tri-Cities) and did not secure a local affiliate prior the network's debut.
Note: Affiliate list current as of January 2020:
|City of license/market||Station||Virtual
(on main feed)
|Owner||Launch date||Notes +|
|WBRC||6.3||29||Fox||Gray Television||January 1, 2020||Displaced Grit|
(network moved to 6.5)
|WAFF||48.3||48 -> 15||NBC||Gray Television||January 1, 2020||Displaced Grit|
(network moved to 48.5)
|Montgomery/Selma||WSFA||12.3||12 -> 8||NBC||Gray Television||January 1, 2020|
|Anchorage||KTUU-TV||2.3||10||NBC||Gray Television||January 1, 2020|
|Tucson||KOLD-TV||13.3||32||CBS||Gray Television||January 1, 2020|
|Los Angeles||KCAL-TV||9.3||9||Independent||CBS Television Stations||January 1, 2020|
|KMAX-TV||31.5||21 -> 24||CW||CBS Television Stations||January 1, 2020|
|KBCW||44.5||45 -> 28||CW||CBS Television Stations||January 1, 2020|
|Colorado Springs||KKTV||11.3||26||CBS||Gray Television||January 6, 2020|
|WMDE||36.4||5||WRNN License Company||January 1, 2020|
|Gainesville/Ocala||WCJB-TV||20.4||16||ABC||Gray Television||January 1, 2020|
|Miami/Fort Lauderdale||WBFS-TV||33.5||32||MyNetworkTV||CBS Television Stations||January 1, 2020|
|Panama City||WECP-LD||18.3||35||CBS||Gray Television||January 1, 2020||Displaced Heroes & Icons|
(network moved to 18.4)
|Sarasota||WWSB||40.2||24||ABC||Gray Television||January 1, 2020|
|St. Petersburg/Tampa||WTOG||44.5||44 -> 19||CW||CBS Television Stations||January 1, 2020|
|West Palm Beach||WFLX||29.3||35||Fox||Gray Television
(operated by the E. W. Scripps Company under an SSA)
|January 1, 2020|
|Albany||WALB||10.5||10||NBC||Gray Television||January 1, 2020|
|WGCW-LD||36.2||36||CW||Gray Television||January 1, 2020|
|Augusta||WRDW-TV||12.4||12||CBS||Gray Television||January 1, 2020|
|Columbus||WTVM||9.3||11||ABC||Gray Television||January 1, 2020|
|Savannah||WTOC-TV||11.3||11||CBS||Gray Television||January 1, 2020|
|WCTV||6.3||46 -> 20||CBS||Gray Television||January 1, 2020|
|Honolulu||KGMB||5.2||23||CBS||Gray Television||January 1, 2020|
|Caldwell/Boise||KNIN-TV||9.4||10||Fox||Gray Television||January 1, 2020|
|Evansville||WFIE||14.3||26||NBC||Gray Television||January 1, 2020||Displaced Grit|
(network moved to 14.4)
|South Bend||WNDU-TV||16.3||27||NBC||Gray Television||January 1, 2020|
|Cedar Rapids||KCRG-TV||9.6||9||ABC||Gray Television||January 1, 2020|
|Ottumwa/Kirksville, MO||KYOU-TV||15.3||15||Fox||American Spirit Media
(operated by Gray Television under an SSA)
|January 1, 2020|
|Topeka||WIBW-TV||13.3||13||CBS||Gray Television||January 1, 2020|
|Hutchinson/Wichita||KWCH-DT||12.4||19||CBS||Gray Television||January 1, 2020|
|Hazard||WYMT-TV||57.3||12||CBS||Gray Television||January 1, 2020|
|Lexington||WKYT-TV||27.3||21||CBS||Gray Television||January 1, 2020|
|Louisville||WAVE||3.3||36||NBC||Gray Television||January 1, 2020|
|WXIX-TV||19.3||15||Fox||Gray Television||January 1, 2020||Displaced Grit|
(Grit moved to 19.4, forcing the displacement of Ion Television to 19.5)
|Baton Rouge||WAFB||9.3||9||CBS||Gray Television||January 1, 2020|
|New Orleans||WVUE-DT||8.3||29||Fox||Gray Television||January 1, 2020|
|Shreveport||KSLA||12.2||17 -> 23||CBS||Gray Television||January 1, 2020|
|Bangor||WABI-TV||5.4||13||CBS||Gray Television||January 1, 2020|
|Boston||WSBK-TV||38.5||21||MyNetworkTV||CBS Television Stations||January 1, 2020|
|Detroit||WKBD-TV||50.5||34||CW||CBS Television Stations||January 1, 2020|
|WJRT-TV||12.3||12||ABC||Gray Television||January 1, 2020|
|Onondaga/Lansing||WILX-TV||10.3||10||NBC||Gray Television||January 1, 2020|
|Jackson||WLBT||3.3||30||NBC||Gray Television||January 1, 2020|
|KFVS-TV||12.3||12 -> 11||CBS||Gray Television||January 1, 2020|
|Springfield||KYTV||3.5||19||NBC||Gray Television||January 1, 2020|
|Grand Island/Hastings||KGIN||11.5||11||CBS||Gray Television||January 1, 2020||Satellite of KOLN|
|Lincoln||KOLN||10.5||10||CBS||Gray Television||January 1, 2020|
|Reno||KOLO-TV||8.4||8||ABC||Gray Television||January 1, 2020|
(New York City)
|WWOR-TV||48.2||25||MyNetworkTV||Fox Television Stations||January 1, 2020|
(New York City)
|WLNY-TV||55.5||29||Independent||CBS Television Stations||January 1, 2020|
|Charlotte||WBTV||3.3||23||CBS||Gray Television||January 1, 2020|
|WITN-TV||7.6||34||NBC||Gray Television||January 1, 2020|
|Wilmington||WECT||6.3||44 -> 23||NBC||Gray Television||January 1, 2020|
|Bismarck||KFYR-TV||5.4||31||NBC||Gray Television||January 1, 2020|
|Dickinson||KQCD-TV||7.4||7||NBC||Gray Television||January 1, 2020||Satellite of KFYR-TV|
|Minot||KMOT||10.4||10||NBC||Gray Television||January 1, 2020||Satellite of KFYR-TV|
|Williston||KUMV-TV||8.4||8||NBC||Gray Television||January 1, 2020||Satellite of KFYR-TV|
|Shaker Heights/Cleveland||WOIO||43.2||10||CBS||Gray Television||January 1, 2020|
|Toledo||WTVG||13.4||13||ABC||Gray Television||January 1, 2020|
|Philadelphia||WPSG||57.5||33||CW||CBS Television Stations||January 1, 2020|
|Jeannette/Pittsburgh||WPCW||19.5||11||CW||CBS Corporation||January 1, 2020|
|Charleston||WCSC-TV||5.3||19||CBS||Gray Television||January 1, 2020||Displaced Grit|
(network moved to 5.4)
|Columbia||WIS||10.3||10||NBC||Gray Television||January 1, 2020|
|Myrtle Beach||WMBF-TV||32.3||32||NBC||Gray Television||January 1, 2020||Displaced Grit|
(network moved to 32.5)
|Lead||KHSD-TV||11.2||5||ABC||Gray Television||January 1, 2020||Satellite of KOTA-TV|
|Rapid City||KOTA-TV||3.2||7||ABC||Gray Television||January 1, 2020|
|Knoxville||WVLT-TV||8.4||34||CBS||Gray Television||January 1, 2020|
|Memphis||WMC-TV||5.3||5||NBC||Gray Television||January 1, 2020||Displaced Grit|
(network moved to 5.4)
|Borger/Amarillo||KEYU||31.3||31||Telemundo||Gray Television||January 1, 2020|
|Fort Worth/Dallas||KTXA||21.4||18||Independent||CBS Television Stations||January 1, 2020|
|Lubbock||KCBD||11.2||11||NBC||Gray Television||January 1, 2020|
|Tyler/Longview||KLTV||7.2||7||ABC||Gray Television||January 1, 2020|
|KWTX-TV||10.3||10||CBS||Gray Television||January 1, 2020|
|Burlington||WCAX-TV||3.3||20||CBS||Gray Television||January 1, 2020||Displaced Ion Television|
(network moved to 3.5)
|Harrisonburg||WSVW-LD||30.3||30||CBS||Gray Television||January 1, 2020|
|Richmond||WWBT||12.3||12 -> 10||NBC||Gray Television||January 1, 2020|
|Roanoke||WDBJ||7.2||30||CBS||Gray Television||January 1, 2020||Displaced Heroes & Icons|
(network moved to 7.3)
|Tacoma/Seattle||KSTW||11.5||11||CW||CBS Television Stations||January 1, 2020|
|Huntington/Charleston||WSAZ-TV||3.3||22||NBC||Gray Television||January 1, 2020|
|Weston/Clarksburg||WDTV||5.4||5||CBS||Gray Television||January 1, 2020|
|Green Bay||WBAY-TV||2.3||23||ABC||Gray Television||January 1, 2020||Displaced Ion Television|
(network moved to 2.6)
On July 22, 2009, a New York bankruptcy judge approved a plan transferring ownership of Young Broadcasting and its stations to the company's secured lenders. The plan included Gray Television coming in as an outside party and advise on operations of Young-owned stations in seven markets through December 2012. The new Young Broadcasting still has final word on the stations' operations, including programming and personnel.
The former Young-owned stations managed by Gray Television include:
Young Broadcasting would retain ownership of all of its stations, including three stations that Gray would not operate: KRON-TV in San Francisco, California, WATE-TV in Knoxville, Tennessee, and WLNS-TV in Lansing, Michigan, the latter two due to Gray already owning stations in those markets. Gray considered the possibility of purchasing the Young stations if they go on the market.
The agreement ended without any further extensions on December 31, 2012, and Young agreed to a merger with Media General in mid-2013. Gray would eventually buy KWQC and WBAY when Nexstar Broadcasting Group acquired Media General in 2017, as Nexstar already owned 2 CBS stations WHBF-TV and WFRV-TV.
By January 20, 2016, Gray had set up their Washington News Bureau by Jacqueline Policastro to enable stations to get interviews with U.S. Senators and Representatives serving their communities. The bureau cooperates with Lilly Broadcasting's Washington bureau, previously started by Policastro, and is located at the NBC News Capitol Hill Bureau, 400 N. Capitol Street. In February 2019, Gray announced that award-winning journalist Greta Van Susteren has joined the company as its Chief National Political Analyst. Gray then announced in April 2019 Greta Van Susteren as host of a Sunday morning syndicated show, Full Court Press with Greta Van Susteren, which was launched in September 2019.