Gray Media, Inc. is an American multimedia and television broadcasting company headquartered in Atlanta, Georgia. The company is one of the largest owners of top-rated local television stations in the United States, operating in over 113 markets. It primarily broadcasts network-affiliated programming from major networks like ABC, CBS, NBC, and FOX, alongside locally produced news, weather, and sports content. In addition to its traditional broadcast portfolio, Gray Media operates Gray Digital Media, a full-service digital agency offering digital marketing strategies. The company also owns video production companies such as Raycom Sports, Tupelo Media Group, and PowerNation Studios, as well as studio production facilities like Assembly Atlanta and Third Rail Studios. Gray Media generates the majority of its revenue from broadcast and digital advertising, as well as retransmission consent fees.