What is Gray Television?
Local television broadcasting company with $3.10B FY2025 revenue.
- Category
- Local television broadcasting
- Headquarters
- Atlanta, GA
- Founded
- 1897
- Employees
- ~8,500
- Revenue
- $3.10B FY2025
- Status
- Public company (NYSE: GTN)
What is Gray Television?
Gray Television is a local television broadcasting company headquartered in Atlanta, GA. As of June 2026, it reports $3.10B FY2025, has ~8,500 employees, and is listed as Public company (NYSE: GTN).
Gray Television is a local television broadcasting company headquartered in Atlanta, GA. As of June 2026, it reports $3.10B FY2025, has ~8,500 employees, and is listed as Public company (NYSE: GTN). The company sells into consumers, advertisers, merchants, banks, venues, or enterprise buyers depending on its vertical, and its public filings make revenue mix and operating scale visible. Its directory profile is written as a seller-facing snapshot, so the most useful facts are the buyer groups, budget owners, revenue model, and market peers.
The current scale signal is $3.10B FY2025 and ~8,500 employees. Gray Television's product surface includes Local TV stations, Gray Digital Media, Political advertising, Local news, and that breadth means vendors should map outreach to the exact business line rather than treating the company as one generic account. Public-company status also means procurement, security, privacy, and finance reviews are more formal than at an early-stage startup.
What does Gray Television offer?
Gray Television's main offerings are Local TV stations, Gray Digital Media, Political advertising, Local news and related services.
- Local TV stations· Core
- Gray Digital Media· Core
- Political advertising· Adjacent
- Local news· Adjacent
- Production services· Adjacent
- Broadcast technology· Adjacent
How does Gray Television make money?
Gray earns advertising, political advertising, retransmission consent, digital advertising, and production-services revenue from local-market media assets.
Gray earns advertising, political advertising, retransmission consent, digital advertising, and production-services revenue from local-market media assets. The commercial model is mature enough to support public-company reporting, so revenue is tied to contracted customers, transactions, advertising demand, subscription usage, or distribution fees rather than one-time pilots. Growth usually depends on expanding customer count, increasing usage or volume, attaching more modules, and improving renewal or distribution economics.
Broadcast and digital advertising rates vary by market, audience, daypart, inventory, and election-cycle demand; distribution fees are negotiated. Where public prices exist, they are useful entry points for SMB or consumer products; for enterprise, media, payment, or banking deals, terms are negotiated by volume, market, implementation scope, service levels, and risk. For sellers, that means budget discovery should start with the revenue line your product improves: advertising yield, transaction margin, software attach, fraud loss, uptime, or customer acquisition.
Who leads Gray Television?
Gray Television is led by Hilton H. Howell Jr., Executive Chairman and CEO.
- Hilton H. Howell Jr.Executive Chairman and CEOLong-time leaderLeads corporate strategy and broadcaster acquisitions.
- Pat LaPlatneyPresident and Co-CEOSenior operatorOversees station and operating execution.
- Jim RyanChief Financial OfficerFinance leaderOwns finance, reporting, and capital planning.
How do you contact Gray Television's leadership?
Gray Television publishes role-based investor or media contacts; personal executive emails are not treated as verified unless published by the company.
investorrelations@graymedia.comHow much funding has Gray Television raised?
Gray Television is tracked here as a public-market company: Public company (NYSE: GTN), with $3.10B FY2025 reported in its latest annual filing.
Gray Television's capital history is best understood through public-market events rather than private venture rounds. For this page, the relevant funding signal is Public company (NYSE: GTN), the latest annual revenue base of $3.10B FY2025, and the company's ability to fund operations through public equity, debt markets, cash flow, or strategic transactions disclosed in SEC filings.
The major capital milestones are listed in the timeline and funding facet instead of invented venture rounds. For sales teams, the practical read is that Gray Television has public-company purchasing processes: larger budgets are available, but buying decisions generally require procurement, security, finance, and legal alignment. The strongest trigger is not a raise; it is an annual report, acquisition, restructuring, product launch, or leadership change that creates a new operating priority.
How did Gray Television get here?
Gray Television's path includes founding, public-market milestones, strategic acquisitions or separations, and its latest annual revenue scale.
- 1897Corporate roots in Georgia mediaGray traces roots to a Georgia newspaper business.
- 1990sBroadcast expansionGray grows as a local television operator.
- 2018Raycom acquisition announcedGray expands materially in local TV.
- 2021Meredith Local Media acquiredGray adds major local broadcast assets.
- 2024Gray Television becomes Gray MediaBrand updated to reflect broader local media operations.
- 2025$3.10B revenueRetransmission and advertising remain key revenue streams.
Who are Gray Television's competitors?
Gray Television competes with public and private companies across local television broadcasting and adjacent software, media, or payments markets.
- Nexstar Media GroupThe largest U.S. local-TV station group and a retransmission peer.
- SinclairA large station owner with local broadcast, sports, and multicast assets.
- TEGNAA major local broadcaster operating under Nexstar ownership after its 2026 acquisition.
- E.W. ScrippsCompetes in local stations, national networks, and political advertising.
Gray Television — frequently asked questions
