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Gray TV Posts Loss

Mar 17, 2009  •  Post A Comment

Gray Television posted a fourth-quarter net loss of $206 million after a $240.1 million writedown of its broadcast licenses compared with a year-earlier profit of $1.5 million, MediaPost reports. Sales rose 12% to $94.8 million, helped by political and Internet ad sales, the Web site says.
—Aimee Picchi

2 Comments

  1. Interesting thoughts here. I appreciate you taking the time to share them with us all. It’s people like you that make my day 🙂

  2. Interesting thoughts here. I appreciate you taking the time to share them with us all. It’s people like you that make my day 🙂

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