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Why Gray Television (GTN) Dipped More Than Broader Market Today
ZACKS· 2025-01-08 00:16
Gray Television (GTN) closed the most recent trading day at $3.66, moving -1.35% from the previous trading session. This move lagged the S&P 500's daily loss of 1.11%. Elsewhere, the Dow saw a downswing of 0.42%, while the tech-heavy Nasdaq depreciated by 1.89%.The broadcast television company's stock has dropped by 9.73% in the past month, falling short of the Consumer Discretionary sector's loss of 5.46% and the S&P 500's loss of 1.7%.Investors will be eagerly watching for the performance of Gray Televisi ...
Local Broadcasters Form Joint Venture to Provide High-Speed Data Transmission Services to Clients Across the United States
GlobeNewswire· 2025-01-07 15:00
“EdgeBeam Wireless” Will Use ATSC 3.0 to Provide Faster, More Secure, and Less Expensive Data DeliveryATLANTA, Jan. 07, 2025 (GLOBE NEWSWIRE) -- Four of the nation’s largest independent local broadcasting groups have come together to form EdgeBeam Wireless, LLC, a joint venture created to provide robust wireless data services to a wide range of businesses and industries across the country. The E.W. Scripps Company, Gray Media, Inc., Nexstar Media Group, Inc., and Sinclair, Inc. launched the new company ahe ...
St. Louis Blues Partner with Gray Media to Broadcast Three Games Free Over-the-Air on First Alert 4 & Matrix Midwest
GlobeNewswire· 2025-01-07 13:00
The NHL Club Will Expand Its Regional Reach for These Select Games with Broadcasts Extending to 12 Affiliate Stations Across Five StatesATLANTA, Jan. 07, 2025 (GLOBE NEWSWIRE) -- Gray Media (NYSE: GTN) is thrilled to announce the return of free NHL hockey broadcasts to the St. Louis market and various affiliate stations across the Midwest. First Alert 4 (KMOV-TV) and its sister station, Matrix Midwest, are proud to partner with the St. Louis Blues to offer a series of games over-the-air during the stretch r ...
Gray Media Promotes Alison Davis to General Manager of WTOK-TV in Meridian, Mississippi
GlobeNewswire· 2025-01-03 13:15
Company Announcement - Alison Davis has been promoted to General Manager of WTOK, effective January 6, 2025, while retaining her role as Director of Sales [1] - Alison Davis has over 30 years of experience in media sales, including roles at Comcast Spotlight and local CBS/FOX affiliated stations [2] - Alison Davis expressed her commitment to maintaining community relationships and continuing WTOK's 70-year legacy [3] Company Overview - Gray Media is a multimedia company headquartered in Atlanta, Georgia, and is the largest owner of top-rated local TV stations and digital assets in the US [4] - The company serves 113 TV markets, reaching approximately 36% of US TV households [4] - Gray Media owns 77 markets with the top-rated TV station and 100 markets with the first and/or second highest-rated TV station [4] - The company has the largest Telemundo Affiliate group, covering 43 markets with nearly 1.5 million Hispanic TV households [4] - Gray Media owns Gray Digital Media, a full-service digital agency, and additional media properties including video production companies and studio production facilities [4] Contact Information - Sandy Breland is the Executive Vice President and Chief Operating Officer of Gray Media, with contact number 404-266-8333 [5]
Gray Media Names Jacque Harms as General Manager of KKTV in Colorado Springs, Colorado
Newsfilter· 2025-01-03 13:00
ATLANTA, Jan. 03, 2025 (GLOBE NEWSWIRE) -- Gray Media, Inc. (NYSE:GTN) has named Jacque Harms as the next General Manager of KKTV, the CBS affiliate in Colorado Springs, Colorado. Jacque Harms has more than 35 years of experience in the media business, most recently as the General Manager at WTOK-TV in Meridian, Mississippi, for the past four and a half years. Under her leadership, WTOK -TV was the Mississippi Association of Broadcasters Small Market Station of the Year in 2024 and a National Association o ...
Gray Television, Inc. Will Officially Become Gray Media, Inc.
GlobeNewswire· 2024-12-30 21:05
ATLANTA, Dec. 30, 2024 (GLOBE NEWSWIRE) -- Gray Television, Inc. (NYSE: GTN) today announced that its Board of Directors has unanimously voted to change the company’s name to Gray Media, Inc. effective as of 12:01 a.m. on January 1, 2025. The Board’s action aligns the company’s formal name with the widespread practice over the past few years of referring to the company as “Gray Media” or simply “Gray” both internally and externally. Executive Chairman, Hilton H. Howell, explained, “Over the past decade, Gra ...
Gray Renews All ABC Affiliation Agreements
Newsfilter· 2024-12-30 15:00
Atlanta, Dec. 30, 2024 (GLOBE NEWSWIRE) -- Gray Television, Inc. (NYSE:GTN) announced today that it has entered into agreements with The Walt Disney Company that extend and renew the network affiliations for all of Gray's ABC affiliated television stations across 25 markets through December 31, 2028. "We are pleased to announce the further extension of our decades-long relationship with Disney for ABC station affiliations," said Gray's President and Co-CEO, Pat LaPlatney. "These agreements recognize our ABC ...
Gray Television Makes Significant Progress on Debt Reduction and Replenishes Authorization for Additional Debt Reduction
GlobeNewswire News Room· 2024-11-20 21:46
ATLANTA, Nov. 20, 2024 (GLOBE NEWSWIRE) -- Gray Television, Inc. ("Gray," "Gray Media," the "Company," "we," "us" or "our") (NYSE: GTN) has completed a series of transactions that collectively reduced the Company's principal amount of debt outstanding by $278 million since October 1, 2024, bringing the Company's total principal debt reduction to $519 million since January 1, 2024. Accordingly, our Board of Directors today has authorized an increase in our previously announced debt repurchase authorization, ...
Gray Television(GTN) - 2024 Q3 - Earnings Call Transcript
2024-11-08 20:59
Gray Television, Inc. (NYSE:GTN) Q3 2024 Earnings Conference Call November 8, 2024 11:00 AM ET Company Participants Hilton Howell - Chairman and Chief Executive Officer Pat LaPlatney - President & Co-Chief Executive Officer Sandy Breland - Chief Operating Officer Kevin Latek - Chief Legal & Development Officer Jeff Gignac - Executive Vice President and Chief Financial Officer Conference Call Participants Aaron Watts - Deutsche Bank Patrick Sholl - Barrington Research Doug Pardon - Brigade Capital Management ...
Gray Television(GTN) - 2024 Q3 - Quarterly Report
2024-11-08 17:34
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark one) ☒ Quarterly report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the quarterly period ended September 30, 2024 or ☐ Transition report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the transition period from _________ to _________ . Commission file number 1-13796 Gray Television, Inc. (Exact name of registrant as specified in its charter) Georgia 58-0285030 (S ...