In September 2015, Gray Television struck a deal that would allow it to grow into the major broadcast media company that it is today. For $442.5 million, Gray agreed to purchase the radio and television assets of multimedia company Schurz Communications. Gray would then spin the radio stations in three deals totaling $16 million.
Today, Schurz is focused on regional broadband companies, through which cable TV services are offered. Now, it has appointed a new President/CEO, effective Feb. 1, 2023.
