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Gray Television renews four expired carriage deals

Feb. 05, 2016 1:10 PM ETGray Television, Inc. (GTN) StockGTN.ABy: Jason Aycock, SA News Editor
  • Gray Television (NYSE:GTN -4.8%) has wrapped (quietly, relative to recent dramas) new retransmission consent deals that had expired at 2015's end with four cable operators, including Time Warner Cable and Buckeye Cable.
  • The deals cover more than 900,000 subscribers tied to affiliates of the Big Four broadcast networks, in 16 markets.
  • "While retransmission negotiations are never easy, these operators shared our commitment to find common ground quickly and quietly to ensure that our mutual customers continue to enjoy uninterrupted delivery of our local television stations," says Gray's deputy general counsel, Robert J. Folliard III.
  • There's one more expired agreement Gray needs to settle, the company says, and it covers a "relatively small" number of customers.
  • It doesn't have any material retransmission deals expiring before the end of 2016.

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