Core Points - Gray Media, Inc. has completed an offering of $775 million in 7.250% senior secured first lien notes due 2033, issued at par [1] - The net proceeds from the notes will be used to repay portions of existing term loans and revolving credit facility, as well as for general corporate purposes [2][6] - The notes are guaranteed by existing and future restricted subsidiaries of Gray, with interest payable semiannually starting February 15, 2026, and maturing on August 15, 2033 [3] Financial Details - $630 million of Term Loan D has been repaid, leaving a balance of $739 million - $80 million of Term Loan F has been repaid, leaving a balance of $10 million - All $50 million outstanding under the Revolving Credit Facility has been repaid, leaving $750 million of undrawn availability [6]

Shares of Paramount are set to open higher Friday after long-awaited FCC approval for its merger erased a big question mark hovering over the company’s future, but amid ongoing uncertainty about its strategic plans under Skydance Media. The stock is up about 1% ahead of the open at $13.40. The deal calls for David Ellison’s company to pay $4.5 billion to buy out a chunk, but far from all, of the Class B shares for $15 each. Federal Communications Commission approval — authorizing the transfer of 28 license ...

Conversation will feature visionary crypto leaders Ryan Zurrer of Dialectic, Robert Leshner of Superstate, and Rhydon Lee of Goff CapitalFRISCO, Texas, July 25, 2025 /PRNewswire/ -- GameSquare Holdings, Inc. (NASDAQ: GAME) today announced that it plans to host a livestream on July 29, 2025 at 12:00 p.m. ET, where the top minds in crypto finance will join management to break down GameSquare's differentiated $250 million Ethereum treasury strategy, built to deliver best-in-class, onchain yields of 8–14%.  The ...

AI disruption and opportunity A sector-by-sector guide for entrepreneurs 更多一手海外资讯和海外投行报告加V：shuimu2026 更多一手海外资讯和海外投行报告加V：shuimu2026 更多一手海外资讯和海外投行报告加V：shuimu2026 更多一手海外资讯和海外投行报告加V：shuimu2026 更多一手海外资讯和海外投行报告加V：shuimu2026 更多一手海外资讯和海外投行报告加V：shuimu2026 Chief Investment Office GWM Investment Research 1639300_015c9594-595d-4448-8951-184c4f45f974.pdf 更多资料加入知识星球：水木调研纪要 关注公众号：水木纪要 A sector-by-sector guide for entrepreneurs AI disruption and opportunity: the end of this document. note the important legal notes and disc ...

The Federal Communications Commission's approval of the merger between Skydance Media and Paramount Global comes with a lot of conditions on the content the company can produce across its programming, which includes CBS and Nickelodeon. The FCC said in a statement Thursday that it approved Skydance's $8 billion acquisition of the media giant. Brendan Carr, chairman of the FCC, said that Americans "no longer trust the legacy national news media" and that Skydance had agreed to make "significant changes" at ...

Photo by Drew Angerer/Getty ImagesGetty Images Walt Disney (NYSE:DIS) is scheduled to announce its Q3 FY'25 results around Wednesday, August 6, 2025. Earnings are anticipated to be approximately $1.44 per share, based on consensus estimates, while revenue is expected to increase by about 2.5% to $23.75 billion. Disney+ and the company's broader streaming portfolio are projected to remain significant financial contributors this quarter. Although subscriber growth may be subdued due to recent price increases, ...

■ AIGC视频生成领域吸引国内外大厂纷纷入局。 2024年2月OpenAI发布Sora成为视频生成模型的标志性突 破，随后各家以DiT为主流架构的AIGC视频应用纷纷发布。从当前AIGC视频产品效果来看，C端应用的呈现 效果相对不高，普遍存在动作不连续、画面扭曲的情况，但是B端AIGC内容品质已经较高，但实际操作上还 需借助"人机共创"。 ■ DiT架构具有较好的扩展性和构图品质，成为当前AIGC视频的主流架构。 在Sora发布之前，主要依赖生成 对抗网络架构（GAN）和扩散模型（Diffusion），但前者在视频等长序列生成上表现不佳，后者通过逐步添加 和去除噪声来快速生成高质量图像，相对其他模式有压倒性优势。直至Sora采用扩散模型（Diffusion Model） 与Transformer结合的DiT架构，该架构不仅在生成质量上保持了扩散模型的长处，更是具有了长视频的生成能 力，因此成为了后续几乎所有AIGC视频模型的主流选择。 但此架构在复杂运动和物理模拟方面仍需提升， 如 在空间分层、运动模块、视频预训练等方向进行迭代优化。 ■ AIGC视频生成正推动内容生产从"人力密集模式"到"AI辅助\主导" ...

EXCLUSIVE: Sony Pictures Entertainment has hired two key strategy executives to round out the team reporting to Jay Levine, Chief Strategy Officer & Business Operations. Eric Marcotte, a longtime Disney and Fox exec, is joining as EVP of Corporate Strategy and DJ Jacobs, who has held posts at Hartbeat, Riot Games and MRC, is coming aboard as EVP of Business Operations. They will work alongside Maria Anguelova, EVP, Global Head of Corporate Development. Levine shared the news with employees Wednesday in a m ...

If you have followed my work for a while now, you would know that I have historically been very bullish about The Walt Disney Company (NYSE: DIS ). It is, in my view, one of the best companies onCrude Value Insights offers you an investing service and community focused on oil and natural gas. We focus on cash flow and the companies that generate it, leading to value and growth prospects with real potential.Subscribers get to use a 50+ stock model account, in-depth cash flow analyses of E&P firms, and live c ...

Core Viewpoint - The article compares two media stocks associated with Donald Trump, Newsmax and Trump Media & Technology Group, evaluating their investment potential based on financial performance and market positioning. Newsmax Overview - Newsmax operates linear TV and digital streaming channels, generating revenue primarily from ads, cable licensing fees, and subscriptions, claiming to reach 40 million Americans [4] - The stock went public on March 31, 2024, with a debut price of $10, soaring to a record closing price of $233 the next day [2] - In 2023, Newsmax's revenue was flat at $135 million, with a net loss of $42 million, largely due to DirecTV dropping its channels temporarily [5] - Revenue rose 27% to $171 million in 2024, but net loss widened to $72 million due to legal settlements and infrastructure costs [6] - In Q1 2025, revenue increased 12% year over year to $45 million, and net loss narrowed to $17 million, attributed to easier year-over-year comparisons [7] - Newsmax has a market cap of $1.85 billion, trading at 11 times last year's sales, making it more reasonably valued compared to Trump Media [11] Trump Media Overview - Trump Media, co-founded by Trump, owns Truth Social and Truth+ streaming platform, but does not disclose key user metrics [8] - The stock went public via SPAC on March 26, 2024, starting at $70.90, a 42% gain from its premerger price [2] - In 2023, Trump Media generated $4.1 million in revenue with a net loss of $58.2 million, and in 2024, revenue declined to $3.6 million with a net loss of $401 million [9] - In Q1 2025, revenue was just $821,000 with a net loss of $31.7 million, but a new crypto ETF filing could potentially improve cash flows [10] - Trump Media has a market cap of $5.13 billion, trading at 1,475 times last year's sales, indicating a much higher valuation compared to Newsmax [11]