Gray Media, Inc. reports developments across a multimedia business built around local television stations, digital assets, and production properties. Its recurring news includes advertising demand, political revenue, retransmission consent economics, station acquisitions, and quarterly financial results for a broadcasting portfolio serving 120 full-power television markets.
Company updates also cover Gray Digital Media, digital and streaming distribution, Telemundo affiliates, sports and video production properties such as Raycom Sports, Tupelo Media Group, PowerNation Studios, Assembly Atlanta, and Third Rail Studios, as well as dividends, investor events, leadership appointments, and governance matters.
Gray Media (NYSE: GTN) announced a content partnership with Hoda Kotb’s wellness company, Joy 101, beginning in January 2027.
Weekly “The Doctor Is In with Joy 101” segments will appear in Aging Untold episodes and Gray local newscasts. Produced by Joy 101, the segments pair journalist Karen Swensen with cardiologist Dr. Stephanie Moore. Kotb will also appear on several Aging Untold episodes each year. The series reached more than seven million viewers age 18 and older during its March 2026 debut season and is now cleared in nearly 40% of television households nationwide.
Gray Media (GTN) has announced a multi-year partnership with the St. Louis Blues to simulcast games on local over-the-air television. The package includes 10 Blue Note+ telecasts during the 2026-27 season, beginning October 22 on St. Louis’ newly acquired ABC 32 and reaching 10 other Gray markets. The team’s five-state broadcast territory covers more than 4.8 million television households.
The partnership also includes the return of a Blues Weekly show and a weekly feature on KMOV news programs. Gray plans to syndicate the games to Morgan Murphy television in Joplin, Missouri. ABC 32 simulcasts will exclude Blue Note+ pregame and postgame shows.
Gray Media (NYSE: GTN) entered into a credit agreement amendment to add $75 million to its existing Term Loan G.
The delayed-draw funding is expected by October 19, 2026, subject to customary conditions. Gray expects to use the proceeds and cash on hand to redeem $150 million of 10.500% senior secured notes due 2029 and pay related costs. The planned October 19 redemption depends on loan funding and carries a price of 105.250% of principal, plus accrued and unpaid interest.
The additional borrowing will have identical terms to the existing loan, which matures July 15, 2030. After completion, Gray expects outstanding principal of $200 million in 2029 notes and $675 million in Term Loan G.
Gray Media (NYSE: GTN) closed a new $600 million Term Loan G and extended its revolving credit facility maturity. The loan matures July 15, 2030, carries a margin of 350 basis points over the Standard Overnight Financing Rate and was issued at a 0.5% discount. Proceeds repaid part of Term Loan D and covered related fees and expenses.
The revolver was reduced from $750 million to $680 million, with maturity extended from December 1, 2028 to July 15, 2030; its pricing grid is unchanged. Together with an August 2026 notes offering, the refinancings extended maturities on over $1.25 billion of debt and lowered overall borrowing costs. The nearest maturities are $150 million of Term Loan D in December 2028 and $350 million of notes in July 2029.
Gray Media (GTN) signed a distribution agreement with TEGNA and DAZN to simulcast 15 Minnesota Timberwolves games free over-the-air. Coverage spans Rochester, Duluth and Mankato, Minnesota, plus La Crosse-Eau Claire, Wisconsin. TEGNA’s KARE 11 leads distribution as the Minneapolis-St. Paul broadcast partner. Gray’s current schedule starts October 28 against the Golden State Warriors and remains subject to change.
Gray Media (NYSE: GTN) will release its third-quarter earnings results on November 6, 2026, and host a conference call that day. The results cover the quarter ending September 30, 2026. The call begins at 11:00 a.m. Eastern Time and will be webcast live, with a replay available at www.graymedia.com.
Gray Media (GTN) raised its third-quarter 2026 political advertising revenue guidance to $188 million–$195 million while finalizing results.
The previous range was $165 million–$185 million, versus $8 million of political revenue a year earlier. Total revenue guidance is now $950 million–$965 million, compared with $935 million–$965 million previously and $749 million a year earlier. Core advertising guidance changed to down 1% to flat, as reported, from flat, as reported.
Corporate and administrative expense guidance fell to $30 million–$35 million from $35 million–$40 million. The political estimate includes an estimated $9 million from recent acquisitions through September 30.
Gray expects no revolving credit facility borrowings at September 30; current receivables-securitization borrowing capacity is approximately $379 million. The update accompanies lender meetings on a possible credit-facility refinancing. Other August 7 guidance remains unchanged.
Gray Media (GTN) is bringing more than 100 candidate debates and forums to local audiences ahead of the 2026 midterm elections.
Gray stations have already carried more than 90 political debates and forums, most of which they hosted or co-hosted. They have provided candidates with several hundred hours of free airtime and production support. Upcoming events include Georgia governor and U.S. Senate debates on October 6 and October 8, respectively, alongside debates and forums in Alaska, Iowa, Maine, South Carolina and Texas. Viewers can check local station listings for broadcast and streaming details.
Gray Media (GTN) has entered a new broadcast partnership with the Charlotte Hornets to air 2026-27 NBA games free over-the-air across additional markets in the Carolinas and Roanoke, Virginia, starting in October 2026.
Hornets games will be carried on Gray’s local affiliates and the Palmetto Sports & Entertainment Network in Charleston, Columbia, Greenville-New Bern, Greenville-Spartanburg-Asheville-Anderson, Myrtle Beach, Wilmington and Roanoke. Stations will air combinations of approximately 2–8 games on primary network channels and up to approximately 75 games on affiliated multicast or MyNet/Palmetto channels in each market, with pregame and postgame shows included.
Gray Media (GTN) renewed its partnership with the Ohio Valley Conference to air OVC collegiate sporting events on free over-the-air stations in twenty Gray markets across eight states for the 2026–27 season.
The package includes select men’s and women’s basketball games plus expanded coverage of three men’s soccer, three women’s soccer and four volleyball contests, all simulcast nationally on ESPN+ and via the ESPN app without digital blackouts.