STOCK TITAN

Gray Media, Inc. - GTN STOCK NEWS

Welcome to our dedicated page for Gray Media news (Ticker: GTN), a resource for investors and traders seeking the latest updates and insights on Gray Media stock.

Gray Television, Inc. (GTN) is a leading television broadcast company headquartered in Atlanta, Georgia. The company owns and operates television stations and leading digital assets across the United States. Gray's portfolio includes stations in 114 television markets, collectively reaching approximately 36 percent of U.S. television households, with top-rated stations in 79 markets and the first or second highest-rated stations in 102 markets.

Gray Television operates 139 program streams, including 76 affiliates of the country's four major networks—ABC, CBS, NBC, and FOX. Specifically, Gray owns and operates 26 CBS-affiliated channels, 24 NBC-affiliated channels, 16 ABC-affiliated channels, and 10 FOX-affiliated channels. Notably, the company owns and operates the number-one ranked television station in 29 of its 44 markets and the number-one or number-two ranked television station operations in 40 of these markets. This widespread reach allows Gray to influence approximately 8.1 percent of total U.S. television households.

The company operates primarily in two segments: Broadcasting and Production. The Broadcasting segment generates the majority of Gray's revenue by operating local television stations across the U.S. The Production segment includes video program production, marketing, and digital business. Gray Television also owns video program companies such as Raycom Sports, Tupelo Media Group, and PowerNation Studios, as well as studio production facilities like Assembly Atlanta and Third Rail Studios. Additionally, Gray owns a majority interest in Swirl Films.

Recent achievements highlight Gray's commitment to quality journalism and community service. WANF (CBS) in Atlanta won the Large Market category for its investigative series

Rhea-AI Summary

Gray Media (NYSE: GTN) has partnered with the Kansas City Royals to simulcast 10 regular season games on KCTV5 (CBS) and KSMO (MyNetwork). This partnership will provide free access to Royals games for nearly 7 million households across Missouri, Kansas, Nebraska, Iowa, and Arkansas.

All 10 games will be broadcast on KSMO, with at least 6 also airing on KCTV5. The games will be shown on Sundays throughout the season, with specific dates to be announced before Opening Day on March 27. The partnership includes plans for additional programming featuring Royals players, coaches, leadership, and alumni to enhance fan engagement.

This collaboration with FanDuel Sports Network, the Royals' rightsholder partner, aims to expand viewing options for fans across cable, streaming, and local TV platforms.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
none
-
Rhea-AI Summary

Gray Media has renewed its daily news magazine InvestigateTV+ for a third season and its weekend edition for a fifth season in 2025-2026. The renewal follows strong performance metrics, with weekly cumulative reach among Adults 18+ increasing 5.7% in the first 18 weeks of the 2024-2025 season compared to the previous year.

The program has achieved significant impact through its investigative reporting, including an exclusive investigation that led to nationwide changes in DEA's airport cash seizure practices. InvestigateTV+ currently airs in all 113 Gray markets and has expanded to non-Gray markets, reaching 46% of U.S. households daily, while the weekend edition reaches 67% of U.S. households.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
9.19%
Tags
none
-
Rhea-AI Summary

Gray Media (NYSE: GTN) has announced the promotion of Pamela Biddle to Vice President/General Manager of WTVM, the ABC affiliate in Columbus, Georgia, effective February 3, 2025. Biddle brings over 22 years of broadcast media experience and most recently served as Director of Sales for WTVM, which won the Georgia Association of Broadcasters' 2024 Station of the Year award.

Biddle's extensive career includes roles as General Manager of Univision Kansas City, Sales Manager for KSHB, and Director of Sales at WPTA. She has also been actively involved in community organizations including Big Brothers Big Sisters and the United Minority Media Association.

Gray Media, headquartered in Atlanta, is the largest owner of top-rated local television stations in the US, reaching approximately 36% of US television households across 113 markets. The company operates the top-rated station in 77 markets and the first or second-highest-rated station in 100 markets. It also owns the largest Telemundo Affiliate group, serving 43 markets with nearly 1.5 million Hispanic TV Households.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.08%
Tags
none
Rhea-AI Summary

Gray Media (NYSE: GTN) has announced it will release its Q4 2024 earnings results on Thursday, February 27, 2025. The company will host a conference call at 11:00 a.m. Eastern Time to discuss the operating results, with a live dial-in number and webcast available.

Gray Media is a multimedia company based in Atlanta, Georgia, and stands as the nation's largest owner of top-rated local television stations and digital assets. Their portfolio reaches approximately 36 percent of US television households across 113 television markets. The company holds dominant positions in 77 markets with top-rated stations and 100 markets with first/second highest-rated stations. Additionally, they operate the largest Telemundo Affiliate group spanning 43 markets with nearly 1.5 million Hispanic TV Households.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.91%
Tags
conferences earnings
-
Rhea-AI Summary

Gray Media (NYSE: GTN) has partnered with the Charlotte Hornets and FanDuel Sports Southeast to simulcast five NBA games on free, over-the-air television across the Carolinas. This marks the Hornets' return to local, over-the-air TV for the first time since the 2007-08 season.

The games will be distributed through the Palmetto Sports & Entertainment Network and other Gray affiliates, covering multiple markets including Columbia, Charleston, Greenville, Myrtle Beach, and others. The schedule includes matchups against high-profile teams like the Lakers, Clippers, Bucks, Mavericks, and Warriors between January 27 and March 3, 2025.

The broadcasts will feature the Hornets' team of Eric Collins, Dell Curry, and Shannon Spake. This initiative is part of the NBA's agreement with Main Street Sports Group and aims to expand the team's reach across both North and South Carolina.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.88%
Tags
none
-
Rhea-AI Summary

Cleveland Cavaliers and Gray Media have announced a partnership to simulcast five upcoming Cavaliers games across multiple platforms. The games will be broadcast on Rock Entertainment Sports Network and WUAB Channel 43, providing free over-the-air access to fans across Northeast Ohio.

The five-game slate, running from February to April 2025, includes matchups against the Timberwolves, Grizzlies, Nets, Spurs, and Knicks. The broadcasts will be available statewide on Rock Entertainment Sports Network, with specific channel assignments for different regions. The Cavaliers, currently leading the NBA with a 36-6 record, have shown exceptional performance this season, including a historic 15-0 season start.

The broadcasting team remains unchanged, with John Michael handling play-by-play, alongside analysts Brad Daugherty and Austin Carr, while Serena Winters and Cayleigh Griffin continue their roles as sideline reporter and host respectively.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.2%
Tags
none
Rhea-AI Summary

The Atlanta Braves have announced that ten of their Spring Training games in 2025 will be available for fans to watch on Gray Media Network stations. This follows the Braves' new partnership with Gray Media, which was announced last month. The broadcast schedule begins on February 27 with a game against the Washington Nationals and includes the second annual Major League Baseball Spring Breakout game on March 16, featuring top prospects from the Braves and the Detroit Tigers.

The games will be broadcast on Peachtree TV Atlanta's CW (WPCH 17.1), Peachtree Sports Network (PSN), and other Gray Media stations across 24 markets in the Southeast. Some games will also air on Gray's ABC, CBS, FOX, NBC, and CW affiliates. The full schedule and tickets are available at Braves.com/SpringTraining.

Gray Media, a multimedia company headquartered in Atlanta, is the nation's largest owner of top-rated local television stations, serving 113 markets and reaching approximately 36% of US television households. Their portfolio includes the largest Telemundo Affiliate group and additional media properties like Raycom Sports and PowerNation Studios.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.54%
Tags
none
-
Rhea-AI Summary

Gray Media (NYSE: GTN) announced that following an investigation by its InvestigateTV and Atlanta News First Investigates, the U.S. Department of Justice has suspended a nationwide airport search program that seized cash from airline passengers without arrests. The suspension came after the 'In Plane Sight' investigation, which aired in September 2023 with follow-ups through December 2024.

The investigation led to concrete results when the DOJ ordered the Drug Enforcement Administration to stop searching innocent passengers at departure gates. InvestigateTV's daily program is cleared in 46% of the U.S., while its weekend edition reaches 67% of U.S. markets. The investigation also prompted action from Georgia U.S. Senator Jon Ossoff, who questioned the DOJ about DEA practices at Hartsfield-Jackson Atlanta International Airport.

Gray Media operates as the nation's largest owner of top-rated local television stations, serving 113 television markets reaching approximately 36% of US television households. The company holds the top-rated station in 77 markets and first/second-highest rated stations in 100 markets.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
none
-
Rhea-AI Summary

EdgeBeam Wireless, a new joint venture formed by four major broadcasting groups (E.W. Scripps, Gray Media, Nexstar Media Group, and Sinclair), aims to provide nationwide wireless data services using ATSC 3.0 technology. The venture will leverage existing broadcast infrastructure to deliver data services across multiple industries.

The company targets three main markets with significant revenue potential: automotive connectivity ($3.7B/year), content delivery networks ($3.65B/year), and enhanced GPS ($220M/year). EdgeBeam will deliver data to any civilian or military device with an ATSC 3.0 receiver, including vehicles, drones, phones, and TVs.

The partnership creates a spectrum footprint larger than any individual broadcaster could achieve, with plans to partner with additional broadcasters for nationwide coverage. The service can also provide a backup to existing GPS capabilities, enhancing U.S. economic security.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.35%
Tags
none
Rhea-AI Summary

Gray Media (NYSE: GTN) has partnered with the St. Louis Blues to broadcast three NHL games free over-the-air on First Alert 4 (KMOV-TV) and Matrix Midwest. These games will be available to over 4.8 million television households across 12 affiliate stations in five states. The games include:

  • Feb 22 vs Winnipeg
  • Mar 8 at Los Angeles
  • Mar 25 vs Montreal

This marks the first time in 15 years that Blues games will be available free on local broadcast TV. The broadcasts will extend to markets including Kansas City, Springfield, Cape Girardeau, Quincy, Peoria, Topeka, Cedar Rapids, Davenport, Evansville, Ottumwa, and Columbia. The Blues will use the on-air talent and production crew of FanDuel Sports Network for consistency. Gray Media's portfolio includes top-rated TV stations in 113 markets, reaching 36% of US TV households. Gray also owns digital marketing agency Gray Digital Media and several media production companies.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.35%
Tags
none

FAQ

What is the current stock price of Gray Media (GTN)?

The current stock price of Gray Media (GTN) is $4.04 as of February 4, 2025.

What is the market cap of Gray Media (GTN)?

The market cap of Gray Media (GTN) is approximately 384.7M.

What is Gray Television, Inc.?

Gray Television, Inc. (GTN) is a television broadcast company based in Atlanta, Georgia. It owns and operates television stations and digital assets across the U.S.

What networks does Gray Television affiliate with?

Gray Television affiliates with ABC, CBS, NBC, and FOX, operating a total of 76 affiliates of these major networks.

How many television markets does Gray Television serve?

Gray Television serves 114 television markets, reaching approximately 36 percent of U.S. television households.

What are the main business segments of Gray Television?

Gray Television operates primarily in two segments: Broadcasting and Production. The Broadcasting segment generates the majority of its revenue.

What recent achievements has Gray Television accomplished?

Recent achievements include investigative reporting awards for WANF in Atlanta and community service awards for WJHG in Panama City.

What is Gray Television's financial strategy?

Gray has announced commitments to increase its revolving credit facility from $552.5 million to $680 million, showcasing strong support from its banking partners.

How many program streams does Gray Television operate?

Gray Television operates 139 program streams, including significant affiliations with major networks such as ABC, CBS, NBC, and FOX.

What other media assets does Gray Television own?

In addition to television stations, Gray Television owns video program companies like Raycom Sports and Tupelo Media Group, as well as production facilities like Assembly Atlanta.

What is the market influence of Gray Television?

Gray Television's top-rated stations influence approximately 36 percent of U.S. television households, making it the largest owner of top-rated local stations in the nation.

How does Gray Television engage with local communities?

Gray Television engages with local communities through initiatives like the 'Chapter Chat' program by WJHG, aimed at closing the reading gap among children in Panama City, Florida.
Gray Media, Inc.

NYSE:GTN

GTN Rankings

GTN Stock Data

384.72M
86.76M
6.52%
73.01%
4.69%
Broadcasting
Television Broadcasting Stations
Link
United States of America
ATLANTA