<SEC-DOCUMENT>0001193125-14-264204-index.html : 20140709
<SEC-HEADER>0001193125-14-264204.hdr.sgml : 20140709
<ACCEPTANCE-DATETIME>20140709161633
ACCESSION NUMBER:		0001193125-14-264204
CONFORMED SUBMISSION TYPE:	SC 13G
PUBLIC DOCUMENT COUNT:		2
FILED AS OF DATE:		20140709
DATE AS OF CHANGE:		20140709
GROUP MEMBERS:		GLENHILL CAPITAL ADVISORS, LLC
GROUP MEMBERS:		GLENHILL CAPITAL MANAGEMENT, LLC
GROUP MEMBERS:		GLENN J. KREVLIN

SUBJECT COMPANY:	

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			GRAY TELEVISION INC
		CENTRAL INDEX KEY:			0000043196
		STANDARD INDUSTRIAL CLASSIFICATION:	TELEVISION BROADCASTING STATIONS [4833]
		IRS NUMBER:				580285030
		STATE OF INCORPORATION:			GA
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		SC 13G
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	005-47013
		FILM NUMBER:		14967470

	BUSINESS ADDRESS:	
		STREET 1:		4370 PEACHTREE ROAD NE
		CITY:			ATLANTA
		STATE:			GA
		ZIP:			30319
		BUSINESS PHONE:		4042668333

	MAIL ADDRESS:	
		STREET 1:		4370 PEACHTREE ROAD NE
		CITY:			ATLANTA
		STATE:			GA
		ZIP:			30319

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	GRAY COMMUNICATIONS SYSTEMS INC /GA/
		DATE OF NAME CHANGE:	19950612

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	GRAY COMMUNICATIONS CORP
		DATE OF NAME CHANGE:	19911011

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	GRAY COMMUNICATIONS SYSTEMS INC
		DATE OF NAME CHANGE:	19880331

FILED BY:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			GLENHILL ADVISORS LLC
		CENTRAL INDEX KEY:			0001137521
		IRS NUMBER:				134153005

	FILING VALUES:
		FORM TYPE:		SC 13G

	BUSINESS ADDRESS:	
		STREET 1:		600 FIFTH AVE
		STREET 2:		11TH FL
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10020
		BUSINESS PHONE:		646-432-0600

	MAIL ADDRESS:	
		STREET 1:		600 FIFTH AVE
		STREET 2:		11TH FL
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10020

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	KREVLIN ADVISORS LLC
		DATE OF NAME CHANGE:	20010402
</SEC-HEADER>
<DOCUMENT>
<TYPE>SC 13G
<SEQUENCE>1
<FILENAME>d755320dsc13g.htm
<DESCRIPTION>SCHEDULE 13G
<TEXT>
Document 1 - file: d755320dsc13g.htm

</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>2
<FILENAME>d755320dex991.htm
<DESCRIPTION>EX-99.1
<TEXT>
Document 2 - file: d755320dex991.htm

</DOCUMENT>
</SEC-DOCUMENT>