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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

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Gray Television (NYSE: GTN) announced the appointment of Eric Walters as the new General Manager of KMVT (CBS) and KSVT-LD (FOX) in Twin Falls, Idaho, effective June 12, 2023. He succeeds Kathy Silk, who retired after nearly 30 years in the broadcast industry. Eric brings over 31 years of experience, having been the News Director at WDBJ in Roanoke, Virginia, where he led the station to significant ratings growth and multiple awards, including the Edward R. Murrow Awards.

Gray Television is the largest owner of local television stations in the U.S., serving 113 markets and reaching approximately 36% of U.S. television households. The company also owns video program companies and production facilities, enhancing its operational capabilities.

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Gray Television (NYSE: GTN) announces the launch of a new weekday news magazine program, InvestigateTV+, set to debut on September 11, 2023. This program follows the success of its weekend counterpart, InvestigateTV, which attracts an average viewership of 1.2 million households per week. InvestigateTV+ will feature investigative journalism, consumer health stories, and original content from Gray’s 113 local markets, broadening its audience reach.

The program will be hosted by renowned journalists Lee Zurik and Tisha Powell, who will leverage their extensive experience to provide impactful storytelling. Gray aims to enrich viewer engagement through a network of local newsrooms and dedicated reporting teams, enhancing its position as a leading multimedia company.

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Gray Television, Inc. (NYSE: GTN) will announce its earnings for the quarter ending March 31, 2023, on May 5, 2023. An earnings conference call will be held at 11:00 a.m. Eastern Time on the same day, with a live dial-in number of 1-800-285-6670. The call will also be available for live streaming and replay on www.gray.tv. Gray Television is the largest owner of local television stations in the U.S., reaching approximately 36% of U.S. households through its extensive portfolio that includes top-rated stations in major markets. The company is headquartered in Atlanta, Georgia, and operates in various multimedia sectors, including video programming and production facilities.

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Gray Television has appointed Blanca Esparza Pap and Micheal Smith as Assistant Vice Presidents of Gray Media Group, effective April 1, 2023. Esparza Pap, previously the Station Manager for Arizona’s Family 3TV, has extensive experience in community relations and marketing. Smith, who was the first Station Manager for PeachtreeTV, brings over 25 years of experience in broadcast management and marketing. Gray Television continues to expand its leadership team to enhance its local programming capabilities in Atlanta and other markets, further solidifying its position as the nation’s largest owner of local television stations.

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Gray Television has announced the promotion of five Senior Vice Presidents to the new role of Senior Managing Vice President, effective immediately. The individuals promoted are Sandy Breland, Ronna Corrente, Colin Gaston, Matt Jaquint, and Mike King. This recognition highlights their leadership and contributions to Gray's television stations and digital businesses. Gray Television is the largest owner of local TV stations in the U.S., operating in 113 markets that reach about 36% of U.S. TV households. The company's portfolio features 79 top-rated stations and includes video program companies and production facilities.

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FAQ

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

The current stock price of Gray Media (GTN) is $4.21 as of February 5, 2025.

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

The market cap of Gray Media (GTN) is approximately 414.1M.

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

414.12M
86.79M
6.52%
73.01%
4.69%
Broadcasting
Television Broadcasting Stations
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United States of America
ATLANTA