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Broadcasting & Cable
Broadcasting & Cable
Business
Jon Lafayette

FORGOTTEN HISTORY: Gray reports 53 million loss for third quarter - The Untold Story

Gray Television.

Gray Television reported a loss in the third quarter as a charge against earnings related to sports rights outweighed a small gain in core advertising revenue.

The third-quarter loss was $53 million, or 57 cents a share, compared to net income of $95 million or $1.04 a share a year ago.

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