| Business Summary | | Gray
Communications
Systems,
Inc.
owns
13
network-affiliated
television
stations
in
11
medium-size
markets
in
the
southeastern
(Southeast),
southwestern
(Southwest)
and
midwestern
(Midwest)
United
States.
Ten
of
the
stations
are
affiliated
with
the
CBS
Television
Network,
a
division
of
CBS,
Inc.
(CBS),
and
three
are
affiliated
with
the
NBC
Television
Network,
a
division
of
the
National
Broadcasting
Company,
Incorporated
(NBC).
The
Company
also
owns
and
operates
four
daily
newspapers
and
an
advertising
shopper
located
in
the
Southeast
and
the
Midwest
and
a
paging
business
located
in
the
Southeast. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Gray
Communications
System
owns
and
operates
13
television
stations
in
11
medium
sized
markets
and
also
provides
satellite,
production
services
and
paging
services.
For
the
six
months
ended
6/30/01,
revenues
decreased
7%
to
$76.9
million.
Net
loss
applicable
to
Common
increased
32%
to
$7.6
million.
Revenues
reflect
a
slowdown
in
the
placement
of
advertising.
Net
loss
reflects
higher
newsprint
prices
and
increased
depreciation
expense
related
to
the
acquisitions. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| William Mayher III, 62 Chairman
of Directors | -- | J. Mack Robinson, 77 Director,
Pres and CEO | $227K | James Ryan, 40 CFO,
VP | -- | Hilton Howell, Jr., 39 Exec.
VP, Director | -- | Robert Prather, Jr., 56 Director
and Exec. VP - Acquisitions | -- | Dollar amounts are as of 31-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|