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Gray Television Inc - GTN STOCK NEWS

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

Company Overview

Gray Media Inc (NYSE: GTN), formerly known as Gray Television Inc, is a leading multimedia company headquartered in Atlanta, Georgia. With a robust presence in the broadcast industry and a comprehensive suite of digital assets, Gray Media partners with communities nationwide by owning and operating top-rated local television stations and offering innovative digital marketing solutions. The company’s expansive portfolio spans numerous television markets, granting it significant influence in delivering local news, sports, and entertainment to millions of households.

Business Model & Operations

Gray Media operates through a multi-faceted business model that includes:

  • Local Broadcasting: Owning and operating an impressive network of television stations in key markets with affiliations to major networks such as ABC, CBS, NBC, and FOX. This ensures a dominant market position in delivering local, reliable content.
  • Digital Innovation: Gray Digital Media, the company’s full-service digital agency, crafts advanced digital marketing strategies, offering clients a range of digital products and services that leverage the evolving capabilities of the online ecosystem.
  • Content Production: The company further diversifies its operations with subsidiaries in video production, including established groups that produce sports and entertainment content from studio production facilities, ensuring high-quality and innovative media offerings.
  • Advertising & Revenue Streams: Revenue is generated not only through traditional broadcast advertising and retransmission fees but also via digital advertising, making it resilient against market fluctuations and attuned to changing audience consumption patterns.

Digital Transformation and Industry Expertise

With the convergence of traditional media and digital delivery, Gray Media has embraced technological insights to remain at the forefront of the rapidly changing broadcast landscape. Through strategic investments in ATSC 3.0 and other digital transmission innovations, the company ensures faster, more secure, and cost-effective data delivery, positioning itself uniquely against competitors. Its simultaneous commitment to both over-the-air broadcasts and enhanced digital services reinforces its reputation as a pioneer in adapting classic media platforms for the digital age.

Competitive Landscape & Market Significance

Occupying a critical space in the American media landscape, Gray Media’s extensive network reaches a significant portion of television households nationally. The company leverages its dual platforms—broadcast and digital—to create synergies that amplify its market presence. By collaborating on live sports, local news, and community-driven entertainment across diverse channels, Gray Media not only reinforces its competitive status but also showcases its capacity to innovate while maintaining high audience engagement.

Commitment to Quality & Local Impact

Gray Media places strong emphasis on producing high-quality, local content tailored to the unique tastes and needs of regional audiences. With a deep-rooted commitment to local journalism, sports broadcasting, and community storytelling, the company consistently demonstrates its expertise and experience. Whether through award-winning investigative journalism, comprehensive live-event coverage, or cutting-edge digital marketing campaigns, Gray Media delivers reliable and engaging content that builds trust among viewers and advertisers alike.

Summary

In summary, Gray Media Inc stands as a multifaceted multimedia powerhouse whose operations extend well beyond traditional television broadcasting. Its strategic integration of digital assets, content production capabilities, and strong local market presence positions the company as a foundational entity in media evolution. For investors and analysts, Gray Media’s diversified structure, emphasis on technological advancement, and solid operational practices offer a clear insight into its robust and dynamic business model within an ever-evolving industry.

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Gray Television, Inc. responds to inquiries about a proposed new streaming service by Disney, Fox, and Warner Bros. Discovery, Inc. The service would include live signals of local affiliates of ABC and Fox broadcast networks, potentially expanding the pay-TV ecosystem and offering benefits to viewers, local communities, and local broadcasters.
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Gray Television, Inc. (NYSE: GTN) has announced an agreement with Marquee Broadcasting, Inc. to swap television stations. Gray will sell its stations in Cheyenne-Scottsbluff and Casper to Marquee in exchange for Marquee's FCC permit for a new station in Salt Lake City. The swap is expected to close in the second quarter of 2024, with no additional cash or consideration involved.
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Gray Television, Inc. (GTN) announces a proposal to refinance its existing senior credit facilities, with updates to its previously announced guidance for Q4 2023. The proposed refinancing includes extending the maturity of its term loan and revolving credit facility, subject to market and other conditions.
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Columbia Journalism School announced the 2024 winners of the duPont-Columbia Awards, including Gray Television Inc.'s national investigative unit and Atlanta CBS affiliate WANF. The award recognizes their multi-part investigative series 'The Sixth' that exposed a critical shortage of public defenders in Georgia and other states. Gray Television Inc. commits to investigative journalism to uncover injustices and solutions. The duPont-Columbia Awards have been recognizing outstanding journalism for over 80 years.
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Gray Television, Inc. (GTN) will release its earnings results for the quarter ended December 31, 2023, on February 23, 2024. The company will host a conference call to discuss its operating results on the same day at 11:00 a.m. Eastern Time. The call will be webcast live and available for replay at www.gray.tv. Investors can access the live dial-in number at 1-800-285-6670, and the taped replay will be available until March 22, 2024, at 1-888-556-3470 Passcode: 898476#.
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Gray Television, Inc. (NYSE: GTN) appoints Liz Knight as the new General Manager of WALB and WGCW, local NBC, ABC, and CW affiliates in Albany, Georgia. Liz Knight has 18 years of multimedia experience in Southwest Georgia and has previously served as General Sales Manager at WALB-TV, WGCW, and WTSG. She has received recognition from the Georgia Association of Broadcasters, is involved in community service, and is active in women's leadership and the Lee County School System advisory board.
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Gray Television, Inc. (NYSE: GTN) and the New Orleans Pelicans have reached a new sports rights deal, making ten Pelicans games available during the 2023-24 NBA season to more than three million households across Louisiana, Mississippi, and Alabama. The deal includes distribution on leading local television stations and major cable and satellite pay TV systems, expanding the reach of live games in the region.
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Atlanta Hawks (WPCH) returns home to Peachtree TV after almost 30 years, broadcasting every Friday night game for the 2023-24 NBA season. The agreement includes over-the-air distribution and cable and satellite pay-tv systems, expanding the games' reach to a larger audience. The Hawks' first two Friday night games will be simulcast on Gray TV's CBS affiliate WANF and Peachtree TV. The return to broadcast marks a homecoming for the franchise, with a 10-game package featuring marquee matchups against top teams. The games will be produced by Bally Sports Southeast and feature the on-air crew of Dominique Wilkins, Bob Rathbun, and Tabitha Turner.
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Gray Television, Inc. (NYSE: GTN) has reached an agreement with the NBC Network to extend and renew all of its NBC network affiliations, which otherwise would have expired at year-end 2023. Gray owns and operates NBC affiliated television stations serving 56 markets. In the current 2023-24 television season, NBC is the #1 network and ranks first in all key demos, as well as first in primetime, morning/afternoon news, late night, primetime sports, scripted and alternative program categories. Gray Television, Inc. is the nation’s largest owner of top-rated local television stations and digital assets in the United States, serving 113 television markets that collectively reach approximately 36 percent of US television households. Its portfolio includes 80 markets with the top-rated television station and 102 markets with the first and/or second highest rated television station.
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Gray Television, Inc. (NYSE: GTN) appoints Bruce Austin as the new General Manager of WVLT and WBXX, local CBS and CW affiliates in Knoxville, Tennessee. With over 15 years of experience in the broadcasting industry, Austin has a proven track record of success in expanding local service and programming. His appointment reflects Gray's commitment to enhancing its local broadcasting operations.
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FAQ

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

The current stock price of Gray Television (GTN) is $3.32 as of April 23, 2025.

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

The market cap of Gray Television (GTN) is approximately 341.3M.

What is Gray Media Inc?

Gray Media Inc, formerly Gray Television Inc, is a multimedia company headquartered in Atlanta, Georgia that owns and operates top-rated local television stations and digital assets across the United States.

How does Gray Media generate revenue?

Gray Media generates revenue through traditional broadcast advertising, retransmission consent fees, digital advertising, and through its diversified operations in digital marketing and content production.

What are the main business segments of Gray Media?

The company primarily operates through local broadcasting, digital marketing via Gray Digital Media, and content production through its various media properties including video production companies and studio facilities.

What makes Gray Media significant in the broadcast industry?

Gray Media is a significant player with a powerful portfolio that includes a large number of local television stations in key markets, extensive digital assets, and innovative use of technology to enhance broadcast and digital service delivery.

How is Gray Media adapting to digital trends?

Gray Media has embraced digital transformation by investing in advanced transmission technologies like ATSC 3.0, enhancing its digital marketing strategies, and expanding its digital asset portfolio to meet evolving viewer habits.

What competitive advantages does Gray Media hold?

Its extensive network of top-rated local stations, deep integration of digital and traditional media, and diversified revenue streams provide Gray Media with a strong competitive edge in a rapidly evolving media landscape.

Does Gray Media produce local content?

Yes, Gray Media maintains a strong commitment to local content by producing tailored local news, sports, and entertainment programming that resonates with regional audiences and strengthens community engagement.

What role does Gray Digital Media play in the company?

Gray Digital Media acts as a full-service digital agency offering advanced digital marketing strategies and products, thereby complementing the traditional broadcasting operations and helping the company remain relevant in the digital space.
Gray Television Inc

NYSE:GTN

GTN Rankings

GTN Stock Data

341.28M
87.61M
7.31%
73.18%
3.63%
Broadcasting
Television Broadcasting Stations
Link
United States
ATLANTA