Gray Closes the Book on Record Year


Gray-TelevisionFor the first time in its history, Gray Television exceeded $500 million in net revenue and $200 million in broadcast cash flow, all while closing ten separate transactions involving 23 television stations during Q4 2014.

In unadorned numbers for Q4, net revenue was up 86% to $177.886M, including a 2554% gain in political income to $48.538M. Broadcast cash flow increased 148% to $91.399M.

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