WEST PALM BEACH, FLA. — Until Nexstar Media Group wins regulatory approval of its intended merger with Raycom Media, the largest operator of broadcast TV stations in the U.S. is Gray Television.
That’s thanks to its merger with Raycom Media, which is already accretive to the company led by Hilton Howell III.
Gray on Thursday unveiled its Q4 and full-year 2018 results, and there’s many positives to report — once one gets beyond a $134.43 million income tax benefit that make net income comparisons a tad difficult for financial novices.
Meanwhile, a longtime FOX News and former CNN face is joining Gray.
