Core Insights - Gray Media announced the hiring of Anna Werner, an award-winning investigative reporter, to join InvestigateTV, effective August 18, 2025, bringing over 25 years of experience in investigative journalism [1][3]. Group 1: Anna Werner's Background and Achievements - Anna Werner has a distinguished career covering consumer protection and corporate misconduct, with notable investigations leading to significant outcomes such as the largest tire recall in the U.S. and the shutdown of a major transplant program [3][4]. - Her work has garnered numerous accolades, including 33 Emmy Awards and multiple prestigious journalism awards, highlighting her impact in the field [3][4]. Group 2: InvestigateTV and Gray Media - InvestigateTV is a national investigative unit that features reporting on various critical issues, including aviation safety and dangerous products sold online, and has received several national awards for its impactful journalism [7]. - Gray Media, headquartered in Atlanta, is the largest owner of top-rated local television stations in the U.S., reaching approximately 37% of U.S. television households, and is committed to producing meaningful stories that drive change [8].

When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important? Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about Gray Media (GTN) . Gray Media currently has an average brokerage recommendation (ABR) of 1.80, ...

ATLANTA, July 22, 2025 (GLOBE NEWSWIRE) -- Gray Media, Inc. (“Gray”) (NYSE: GTN) announced today the pricing of its previously announced private offering of $775 million aggregate principal amount of 7.250% senior secured first lien notes due 2033 (the “Notes”). This represents an increase of $75 million over the amount previously announced. The Notes were priced at 100% of par. The offering of the Notes is expected to close on July 25, 2025, subject to customary closing conditions. The Notes are being offe ...

Core Viewpoint - Gray Media, Inc. plans to offer up to $700 million in senior secured first lien notes due 2033, contingent on market conditions [1] Group 1: Offering Details - The offering will be exempt from the registration requirements of the Securities Act of 1933 [1] - The net proceeds will be used to repay portions of term loan D due December 1, 2028, and term loan F due June 4, 2029 [2] - The notes will be guaranteed on a senior secured first lien basis by existing and future restricted subsidiaries of Gray [2] Group 2: Regulatory Information - The notes will be offered only to qualified institutional buyers under Rule 144A and to non-U.S. persons outside the United States under Regulation S [3] - The notes have not been registered under the Securities Act and cannot be offered or sold in the U.S. without registration or an applicable exemption [3] Group 3: Contact Information - For inquiries, Gray's Executive Vice President and Chief Financial Officer, Jeffrey R. Gignac, can be contacted at 404-504-9828 [6] - Kevin P. Latek, Executive Vice President, Chief Legal and Development Officer, is also available at 404-266-8333 [6]

Core Insights - Gray Media, Inc. has increased its revolving credit facility commitments by $50 million, bringing the total to $750 million, and extended the maturity date to December 1, 2028 [1][2] - The company has $700 million of undrawn availability under the revolving credit facility after repaying $402.5 million of its term loan F with proceeds from a $900 million offering of senior secured second lien notes [2] - Gray Media is the largest owner of local television stations in the U.S., reaching approximately 37% of U.S. television households, with a significant portfolio of top-rated stations [3] Financial Details - The company’s revolving credit facility now totals $750 million, with a maturity extension to December 1, 2028 [1] - Following the repayment of $402.5 million of Term Loan F, the outstanding balance is now $90 million [2] - The company has raised $900 million through the issuance of 9.625% senior secured second lien notes due 2032 [2] Company Overview - Gray Media, Inc. operates in 113 television markets and owns the largest Telemundo Affiliate group with 44 markets [3] - The company also includes Gray Digital Media, which provides advanced digital marketing strategies [3] - Additional media properties include video production companies and studio production facilities [3]

Core Viewpoint - Gray Media, Inc. has successfully completed an offering of $900 million in senior secured second lien notes with a 9.625% interest rate, maturing in 2032 [1] Group 1: Financial Details - The net proceeds from the notes will be utilized to redeem all outstanding 7.000% senior notes due 2027, repay a portion of Term Loan F amounting to $402.5 million, and cover fees and expenses related to the offering [2] - After the repayment, the remaining balance of Term Loan F is $90 million [2] - Interest on the notes will accrue from July 18, 2025, and will be paid semiannually starting January 15, 2026 [3] Group 2: Legal and Regulatory Information - The notes and related guarantees are not registered under the Securities Act of 1933 and can only be offered to qualified institutional buyers under Rule 144A and to persons outside the United States under Regulation S [4]

Core Insights - A groundbreaking partnership has been established between University of Tennessee Athletics, the Vol Network, and Gray Media, designating WVLT in Knoxville, WSMV in Nashville, and WMC in Memphis as the Official Television Stations of the Tennessee Volunteers, enhancing local coverage of Tennessee Athletics [1][2] Group 1: Partnership Details - The partnership will cover Tennessee's three largest markets through Gray's newly launched Tennessee Valley Sports Network (TVSN), with future plans to expand to Chattanooga and Jackson [2] - TVSN will provide over seven hours of exclusive Tennessee Athletics-related programming, including a new football pre-game show called Volunteer Gameday, which will air live two hours before kickoff [2][5] - The partnership aims to broadcast Tennessee sports content statewide, reaching audiences across East, Middle, and West Tennessee [4][5] Group 2: Stakeholder Statements - Gray's Regional Vice President, Jasmine Hardin, expressed excitement about serving one of the largest fan bases in college sports and establishing a new standard in college sports media partnerships [3] - Tennessee Deputy Athletics Director, Alicia Longworth, highlighted the initiative's goal to connect the entire Volunteer State and provide fans with unique year-round content [6] - Brandon Parks, Vice President and General Manager of the Vol Network, emphasized the opportunity to showcase the UT campus and introduce innovative programming through this partnership [6] Group 3: Future Programming and Content - Additional programming announcements are expected this fall, with regular exclusive analysis and insights from Volquest personalities [5] - The partnership will continue through June 2028, with the Vol Network overseeing all sponsorship agreements for Tennessee Athletics [6]

In the latest trading session, Gray Media (GTN) closed at $5.16, marking a -3.73% move from the previous day. This change lagged the S&P 500's 0.32% gain on the day. Meanwhile, the Dow experienced a rise of 0.53%, and the technology-dominated Nasdaq saw an increase of 0.26%. The stock of broadcast television company has risen by 35.01% in the past month, leading the Consumer Discretionary sector's gain of 5.77% and the S&P 500's gain of 4.51%.The investment community will be paying close attention to the ea ...

Gray Media (GTN) ended the recent trading session at $5.36, demonstrating a -4.63% change from the preceding day's closing price. The stock trailed the S&P 500, which registered a daily loss of 0.33%. Meanwhile, the Dow lost 0.63%, and the Nasdaq, a tech-heavy index, lost 0.22%. Shares of the broadcast television company witnessed a gain of 43.73% over the previous month, beating the performance of the Consumer Discretionary sector with its gain of 4.98%, and the S&P 500's gain of 4.07%.The upcoming earning ...

Core Points - Gray Media is broadcasting a special program titled "Together for Texas" to document the impact of devastating floods in Central Texas and the Hill Country [1][2] - The program will air on July 11, 2025, at 6:30 p.m. CST across nine Texas markets and will also be available on Gray's 24/7 streaming network [1] - Gray Media has launched a donation drive in partnership with Graham Media Group to support the Salvation Army's relief efforts, raising over $243,000 so far [4] Company Overview - Gray Media, Inc. is headquartered in Atlanta, Georgia, and is the largest owner of top-rated local television stations in the U.S., serving 113 markets [5] - The company reaches approximately 37% of U.S. television households and includes 78 markets with the top-rated television station [5] - Gray Media also operates Gray Digital Media, offering advanced digital marketing strategies, and owns various media properties including video production companies and studio facilities [5]