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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.

Rhea-AI Summary
Gray Television (GTN) and Universal Production Services launch Assembly Studios, a state-of-the-art television and film studio complex in Doraville, GA, creating thousands of jobs for Georgians. The studios offer 19 sound stages, essential production amenities, and filmable facades, contributing to the growth of Georgia's fast-growing film industry.
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Gray Television, Inc. (NYSE: GTN) authorizes $0.08 quarterly cash dividend per share, payable on December 29, 2023, to shareholders of record at the close of business on December 15, 2023.
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Gray Television, Inc. (NYSE: GTN) announced strong financial results for Q3 2023, with total revenue of $803 million, exceeding revenue guidance. Political advertising revenue exceeded expectations, leading to a 33% increase in full-year 2023 political advertising revenue guidance. Gray's television stations saw a 1% increase in core advertising revenue and an 18% year-over-year increase in automobile advertising. The agreement with the CW Network and expansion into sports broadcasting indicate continued growth potential. The company also completed the delivery of leased facilities to NBCUniversal in Atlanta.
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Gray Television, Inc. to release Q3 2023 earnings results on November 8, 2023
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Gray Television promotes Jason Hall to Vice President of Spanish Media Sales
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Gray Television, Inc. announced that Local News Live is now available 24/7 on more than 500 Gray Television station websites, connected TV apps, and mobile apps. It is also available on Gray stations during non-local news hours on several FAST channels. The goal is to give viewers flexibility to watch all the content they are looking for, at any time, from a trusted source.
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Peachtree Sports Network, Gray Television's new sports broadcast channel, will launch on October 1st, focusing on live, local sports programming in Georgia. The channel will feature teams from multiple sports and will soon expand to other cities in the state. The first live event will be on October 6th. Gray Television, Inc. (NYSE:GTN) owns WANF & WPCH, and is the largest owner of local television stations in the US.
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Gray Television stations raise over $225,000 for fire relief efforts in Hawaii
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Gray Television, Inc. announces the launch of InvestigateTV+ on September 11, 2023, leveraging a large team of investigative journalists to provide daily solutions-based journalism. The program will extend Gray's reach and be available to non-owned local television stations. The weekend program already has an average of 1.3 million households watching. Hosted by Lee Zurik and Tisha Powell, InvestigateTV+ will feature content from Gray's InvestigateTV unit, consumer, health, and original content.
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Gray Television promotes Garrett Pope to Senior Vice President, Sales 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