Exhibit 99.1 NEWS RELEASE Gray's Operating Results for the First Quarter Driven by Continued Strong Demand and Execution; Gray Announces New 250MillionDebtRepurchaseAuthorizationAtlanta,Georgia–May7,2024...GrayTelevision,Inc.("Gray,""we,""us"or"our")(NYSE:GTN)todayannouncedfinancialresultsforthefirstquarterendedMarch31,2024,reflectingourtotalrevenueof823 million and total operating expenses (before depreciation, amortization and loss on disposal of assets) of $632 m ...