STOCK TITAN

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, Inc. announces quarterly cash dividend of $0.08 per share of common stock and Class A common stock payable on September 29, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
20.27%
Tags
dividends
-
Rhea-AI Summary
Gray Television, Inc. reports strong financial results for Q2 2023 with total revenue of $813 million, exceeding guidance. Core advertising revenue increased by 4% YoY. Political advertising revenue in a non-political year was strong at $12 million. Construction on the Assembly Studios portion of Assembly Atlanta is substantially complete.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
20.27%
Tags
none
-
Rhea-AI Summary
Gray Television, Inc. announced Brian Daugherty as the new General Manager of WCSC, the local CBS affiliate in Charleston, South Carolina.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.39%
Tags
none
Rhea-AI Summary
Gray Television, Inc. (NYSE: GTN) will release its earnings results for the quarter ended June 30, 2023 on August 4, 2023. A conference call to discuss the results will be held on the same day at 11:00 a.m. ET.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.65%
Tags
-
Rhea-AI Summary
Gray Television renews agreement with Paramount Global, ensuring continued investment in local news and community services. Gray's CBS affiliates will remain available on Paramount+ and other platforms. Gray is the largest independent owner of CBS affiliates in the US, covering 18% of US television households.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.62%
Tags
none
-
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.53%
Tags
none
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.35%
Tags
none
-
Rhea-AI Summary
Gray Television, Inc. received the 2023 Celebration of Service to America Award for TV Ownership Group. Gray's InvestigateTV unit and its series, 'The Sixth,' exposed a critical shortage of public defenders. Gray's KTTC in Rochester, Minnesota, won the Small Market Television Winner for its cancer telethon that raised over $22 million. Gray's KWCH in Wichita, Kansas, was a Finalist for its program 'Wildfire Relief Efforts.' Gray's WTVY in Dothan, Alabama, was a Finalist for its program 'Miracle on Foster Food Drive.' WVUE in New Orleans, Louisiana, received the National Headliner Award for its investigations. Gray's stations also received numerous other awards and recognitions.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.86%
Tags
none
-
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.51%
Tags
none
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.4%
Tags
none

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