Gray Media (GTN) closed the latest trading day at $3.35, indicating a -0.59% change from the previous session's end. The stock's change was less than the S&P 500's daily gain of 1.81%. Elsewhere, the Dow gained 1.56%, while the tech-heavy Nasdaq added 2.06%.The broadcast television company's shares have seen a decrease of 19.95% over the last month, not keeping up with the Consumer Discretionary sector's loss of 7.73% and the S&P 500's loss of 6.14%.Market participants will be closely following the financia ...

ATLANTA, April 10, 2025 (GLOBE NEWSWIRE) -- Gray Media and the Military Basketball Association today announced a broadcast partnership to air select MBA playoff games and other content on Gray’s local television stations and broadcast sports networks.   The first MBA over-the-air game airs on the Gray Media platforms on Sunday, April 13 at 6 p.m. ET.  The initial airing features the MBA’s Eastern Conference Finals from the campus of Queens University of Charlotte in Charlotte, North Carolina. Game productio ...

Group 1 - Gray Media and the Military Basketball Association (MBA) have formed a broadcast partnership to air select MBA playoff games on Gray's local television stations and sports networks [1][5] - The first MBA over-the-air game will be broadcast on April 13, 2025, featuring the Eastern Conference Finals from Queens University of Charlotte [2][3] - Gray Media's sports networks, including Palmetto Sports & Entertainment Network and Peachtree Sports Network, will air the game, which targets military communities [3][5] Group 2 - The MBA is a non-profit organization focused on preventing veteran suicide and promoting mental health through sports, supporting nearly 1,000 players across 50 teams globally [4][7] - Gray Media aims to foster community engagement and support military personnel through this partnership, highlighting the importance of resiliency in sports [5][6] - The MBA emphasizes the message of "Life Through Basketball" and aims to bridge the gap for veterans facing mental health challenges [5][7] Group 3 - Gray Media, headquartered in Atlanta, is the largest owner of local television stations in the U.S., reaching approximately 37% of U.S. television households [6] - The company operates in 113 television markets and includes a significant number of top-rated stations, enhancing its broadcasting capabilities [6]

Gray Media (GTN) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term. Over the past month, shares of this broadcast television company have returned +17.1%, compared to the Zacks S&P 500 composite's -5.6% change. During this period, the Zacks Broadcast Radio and Television industry, which Gray Media falls in, has lost 4.8%. The key question now is: What could be the stock's future directio ...

Twins return to over-the-air TV for first time since 2012 with 10 Tuesday games on FOX 9; 10 Gray Media stations ensure first outer market Twins Territory OTA coverage since 1988 About Gray Media: "Gray appreciates the opportunity to join with the Minnesota Twins and FOX 9 to bring free, over-the-air baseball back to Twins Territory for the first time in decades," said Sandy Breland, Chief Operating Officer of Gray Media. "We know Twins fans across the outer market Twins Territory will love it." Beyond the ...

Twins return to over-the-air TV for first time since 2012 with 10 Tuesday games on FOX 9; 10 Gray Media stations ensure first outer market Twins Territory OTA coverage since 1988 ATLANTA, April 01, 2025 (GLOBE NEWSWIRE) -- Bringing Minnesota Twins baseball back to free, over- the-air television for the first time since 2012, the Twins, FOX 9 (KMSP-TV) and Gray Media today announced a new, multi-year partnership to broadcast 10 Tuesday night regular season games per season. All 10 simulcasts of Major League ...

Our research shows that these estimate changes are directly correlated with near-term stock prices. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional rating system. Gray Media (GTN) closed the most recent trading day at $4.32, moving +0.23% from the previous trading session. This move lagged the S&P 500's daily gain of 0.55%. Elsewhere, the Dow saw an upswing of 1.01%, while the tech-heavy Nasdaq depreciated by 0.14%. Headin ...

ATLANTA, March 31, 2025 (GLOBE NEWSWIRE) -- Gray Media, Inc. ("Gray" or the "Company") (NYSE:GTN) today announced that it has increased the aggregate commitments under its revolving accounts receivable securitization facility (the "AR Facility") by $100 million, resulting in aggregate commitments under the AR Facility of up to $400 million, and extended the maturity of the facility from February 23, 2026 to March 31, 2028. Gray Contacts: Jeffrey R. Gignac, Executive Vice President, Chief Financial Officer, ...

ATLANTA, March 31, 2025 (GLOBE NEWSWIRE) -- Gray Media, Inc. ("Gray" or the "Company") (NYSE: GTN) today announced that it has increased the aggregate commitments under its revolving accounts receivable securitization facility (the "AR Facility") by $100 million, resulting in aggregate commitments under the AR Facility of up to $400 million, and extended the maturity of the facility from February 23, 2026 to March 31, 2028. About Gray: The Company also announced that it has increased the commitments under i ...

Summary of Key Points from the Conference Call Industry Overview - The conference call primarily discusses the **High Yield (HY) Telecom, Cable, and Media** sectors, highlighting the competitive landscape and investment needs that are affecting credit outlooks across these industries [11][67]. Core Insights and Arguments 1. **Cautious Outlook for HY Telecom and Cable**: The overall outlook for HY telecom and cable remains cautious due to intense competition and significant investment needs, which are expected to keep leverage elevated [11][67]. 2. **Media Sector Pressures**: The HY media sector faces secular pressures such as cord-cutting and macroeconomic uncertainties that may adversely impact advertising revenues this year [11][12]. 3. **Credit Spread Risks**: Risks to credit spreads are skewed to the downside, prompting recommendations for more defensive sector trades while identifying attractive relative-value buying opportunities [12][67]. 4. **CHTR HY/IG Differential**: Expectations for the CHTR HY/IG differential to decompress in 2025, with a recommendation to sell certain CHTR bonds while buying others to capitalize on this shift [14][17]. 5. **Debt Issuance and Leverage**: CHTR is projected to issue approximately $1.1 billion in net debt this year, with year-end 2025 pro forma net leverage expected to be around 4.25x [17]. 6. **Potential M&A Activity**: The call suggests that ATUS/CSCHLD might benefit from potential M&A activity, with recommendations to buy lower-dollar guaranteed notes [18][21]. 7. **SATS Opportunities**: SATS is highlighted for refinancing prospects and spectrum valuation, with specific trade recommendations for secured and unsecured notes [22][27]. 8. **LUMN's Mass Markets Segment**: A potential sale of LUMN's Mass Markets segment is seen as a catalyst for the company, with a valuation of approximately $6.6 billion [31][30]. 9. **SBGI vs. GTN Leverage**: SBGI's net leverage is expected to increase more significantly than GTN's in 2025, with specific trade recommendations to sell SBGI and buy GTN bonds [37][41]. 10. **CCO's High Leverage Risks**: CCO's high leverage presents downside risks, with expectations for spreads to widen due to macroeconomic uncertainties and investor fatigue [46][42]. Additional Important Insights - **Consolidation Trends**: The call notes that consolidation and M&A could increase as telecom and cable players seek to remain competitive and profitable [21]. - **Market Pricing Dynamics**: The market is currently pricing in hypothetical scenarios for various companies, indicating a complex landscape for credit assessments [72][70]. - **Strategic Uncertainties in Media**: The media sector is facing strategic uncertainties while waiting for direct-to-consumer (DTC) gains to outpace pressures from traditional linear models [73][74]. This summary encapsulates the key points discussed in the conference call, providing insights into the current state and future outlook of the HY Telecom, Cable, and Media sectors.