Gray Media's roots begin in January 1891 with the creation of the Albany Herald in Albany, Georgia. Over the next several decades, the company transformed in parallel to the ever-changing media landscape, expanding with additional newspaper acquisitions and later television stations to eventually become known as Gray Communications Systems.
Between the early 1990s and today, the company was transformed through strategic acquisitions and subtle, yet critical transitions. During that period, Gray divested all the newspapers and television stations that it owned prior to 1993 other than WJHG. In their place, Gray acquired and, in some cases, built from scratch market-leading television stations focused on local communities. On January 2, 2019, Gray Media completed its acquisition of Raycom, transforming it from a small, regional broadcaster to a leading media company with nationwide scale. This was followed by the acquisitions of Quincy Media and Meredith Corporation’s Local Media Group.
Today, Gray is the nation’s largest owner of top-rated local television stations and digital assets serving 113 television markets that collectively reach approximately 37 percent of US television households. The portfolio includes 78 markets with the top-rated television station and 99 markets with the first and/or second highest rated television station during 2024, as well as the largest Telemundo Affiliate group with 44 markets. The company also owns Gray Digital Media, a full-service digital agency offering national and local clients digital marketing strategies with the most advanced digital products and services. Gray’s additional media properties include video production companies Raycom Sports, Tupelo Media Group, and PowerNation Studios, and studio production facilities Assembly Atlanta and Third Rail Studios.