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Gray Media Honored with 2025 Catalyst Award for Outstanding Support of the Ad Council's Project Roadblock
Prnewswire· 2025-10-09 04:01
Core Points - Gray Media has been awarded the 2025 Catalyst Award for its significant contributions to the Ad Council's Project Roadblock initiative, which focuses on preventing buzzed driving during the holiday season [1][2] - In 2024, Gray Media was the top contributor to Project Roadblock, accounting for 17% of all PSA airings nationwide [2] - The 2024 Project Roadblock campaign achieved over 65.9 thousand detections of donated local broadcast TV airtime, generating an estimated media value of $6.5 million, reflecting a year-over-year increase of 9% in detections and 68% in value [3] Company Contributions - Gray Media's support for Project Roadblock demonstrates its commitment to social responsibility and public safety, as highlighted by the Ad Council and TVB executives [5] - The company has been actively involved in the initiative since its inception in 2004, which aims to raise awareness about the dangers of buzzed driving [5][10] - Gray Media operates the largest portfolio of top-rated local television stations in the U.S., reaching approximately 37% of U.S. television households [10] Industry Impact - The Project Roadblock initiative, a collaboration between the Ad Council, TVB, and NHTSA, emphasizes the effectiveness of local TV in disseminating life-saving messages [3][5] - The campaign reached 208 of 210 Designated Market Areas (DMAs) nationwide, covering 99.96% of all U.S. households, showcasing the extensive reach of local broadcast television [3] - The annual Catalyst Award recognizes the impact of media donations in promoting social causes, highlighting the role of communications companies in driving change [2][4]
TV business is shrinking. Then why are broadcasters launching new channels?
MINT· 2025-10-06 00:15
Core Viewpoint - Indian television broadcasters are launching new channels despite stagnating revenues and a shift of advertisers to digital media, betting on targeted categories that cater to large audience segments [1] Group 1: New Channel Launches - Zee Entertainment Enterprises Ltd has launched Kannada and Bengali language channels, Zee Power and Zee BanglaSonar, while Sony Pictures Networks India added Sony MAX 1 to its movie portfolio [2] - The new channels utilize both ad-supported and subscription models [2] Group 2: Market Trends and Audience Engagement - Broadcasters are focusing on categories with mass appeal or underserved niches, where consumption is habitual and differentiation is possible [3] - Movie channels, music, regional language entertainment, and devotional programming are highlighted as areas with steady audiences and predictable advertiser interest [4] - The TV segment revenues fell by 4.5% in 2024, marking a second consecutive year of decline, while TV advertising revenue dropped by 6% due to a 12% reduction in brands using television [5] Group 3: Digital Media vs. Traditional TV - Digital media grew by 17% in 2024, becoming the fastest-growing segment of the Indian media and entertainment sector at ₹802 billion [5] - Despite the rise of digital media, traditional television still reaches a massive viewer base, with total TV subscriptions at 160 million in 2024 compared to 92 million video OTT users [6] Group 4: Regional Market Opportunities - There is untapped potential in television viewership in regions like Bengal, where TV penetration is at 66%, below the national average of 71% [10] - Regional markets have seen a rise in channels launched in languages like Marathi, Bangla, and Bhojpuri, indicating a promising area for broadcasters [11] Group 5: Niche Channels and Monetization - Launching niche or themed channels allows broadcasters to capture specific audience segments at relatively low incremental content creation costs, especially in regional languages [9] - The Hindi movie genre, despite being crowded, still has room for new entrants due to its high repeat value [12] Group 6: Challenges and Strategic Responses - New channels risk fragmenting audiences and advertising revenue, as brands are shifting budgets to digital channels with sharper targeting [13] - Evolving consumer behavior demands faster innovation and integration of new technologies, which can strain traditional broadcasters [14] - Broadcasters expect new channels to drive more viewers towards television, but face immediate challenges in monetization via advertising [15]
Bryan Adams Headlines Citytv's Star-Studded Holiday Programming Slate
Globenewswire· 2025-09-18 11:00
Core Points - Citytv is set to deliver a holiday lineup featuring live events, including the Original Santa Claus Parade on November 23 and a new edition of The Price is Right in December 2025 [1][6][4] Group 1: Holiday Programming - Citytv will broadcast the Original Santa Claus Parade live from downtown Toronto on November 23, hosted by Breakfast Television's team [4] - A new one-hour special titled "Bryan Adams and Friends: A Great Big Holiday Jam" will feature performances from various Canadian artists, including Alessia Cara and Barenaked Ladies [2][3] - The Price is Right Tonight, hosted by Howie Mandel, will allow Canadians to participate as contestants, airing in Spring 2026 [6][7] Group 2: Company Overview - Rogers Sports & Media, a subsidiary of Rogers Communications Inc., engages over 30 million Canadians monthly through a diverse portfolio of media assets, including Citytv and Citytv+ [8][10] - Citytv offers a range of programming, including dramas, reality TV, and local news, positioning itself as a distinctive alternative to conventional programming [9]
Gray Renews All Fox Affiliation Agreements
Globenewswire· 2025-08-18 11:00
# # # ATLANTA, Aug. 18, 2025 (GLOBE NEWSWIRE) -- Gray Media, Inc. ("Gray," "we," or "our") (NYSE: GTN) has reached an agreement with the Fox Television Network that extends and renews the network affiliations for all of Gray's Fox affiliated television stations across 27 markets, including Portland, Oregon; Cincinnati, Ohio; Las Vegas, Nevada; and Birmingham, Alabama. About Gray Media: Gray Contact: Kevin P. Latek, Executive Vice President, Chief Legal and Development Officer, 404-266-8333 Gray Media, Inc. ...
X @The Wall Street Journal
Exclusive: Nexstar Media Group, the largest local television broadcaster in the U.S., is in advanced talks to acquire rival Tegna https://t.co/87OEFVGc5x ...
Gray Media Agrees to Purchase Block Communications’ Television Stations
Globenewswire· 2025-08-01 14:40
Group 1 - Gray Media, Inc. has agreed to acquire television stations from Block Communications, Inc. for $80 million, aiming to enhance its presence in the Midwest and create a Big Four duopoly in one market [1][3] - The acquisition includes WDRB and WBKI in Louisville, Kentucky, WAND in Springfield-Champaign-Decatur, Illinois, and WLIO in Lima, Ohio, all of which are top-rated local news stations in their respective markets [3][4] - Gray anticipates closing the transaction in the fourth quarter of 2025, pending regulatory approval and customary closing conditions [4] Group 2 - Gray Media is the largest owner of top-rated local television stations in the U.S., serving 113 television markets and reaching approximately 37% of U.S. television households [6] - The company operates in 78 markets with the top-rated television station and 99 markets with the first or second highest-rated station as of 2024 [6]
3 Value Stocks Flying Under the Radar—For Now
MarketBeat· 2025-07-28 13:22
Group 1: Value Stocks Performance - Value stocks have underperformed growth peers in recent quarters, potentially making some companies in the value category more attractive due to deeper discounts relative to intrinsic value [1] - Current market volatility and economic uncertainty may present a favorable opportunity for long-term investors in value stocks [2] Group 2: Tsakos Energy Navigation (TEN) - Tsakos Energy Navigation Ltd. provides sea-based crude oil and petroleum transportation services, with a current stock price of $19.44 and a dividend yield of 6.17% [2][4] - The company reported mixed earnings for Q1, with EPS exceeding analyst predictions but revenue falling short by approximately $0.5 million; however, it has a significant backlog of $3.7 billion with an average contract duration of over 12 years [2][3] - Tsakos is on track to sell six older vessels by year-end, following the sale of 14 vessels, which will free up about $100 million for new builds and dividends [3] - The stock's P/E ratio of 4.5 is substantially lower than the transportation sector average of 13.1, indicating potential undervaluation despite a 12% increase in shares this year [4] Group 3: Gray Media (GTN) - Gray Media Inc. operates in television broadcasting and has recently engaged in a station swap with The E.W. Scripps Co., which is expected to enhance growth by creating a duopoly in certain markets [5] - The company refinanced $700 million in debt, extending maturities to 2032, alleviating near-term financial pressure [6] - GTN shares have surged by approximately 58% YTD, but with a P/E ratio of 2.3 compared to the sector average of 21.6, it may still be considered a value play [7] Group 4: NCR Voyix (VYX) - NCR Voyix Corp. specializes in digital commerce technology, reporting a 13% year-over-year revenue decline in Q1, yet still outperforming analyst expectations [9][10] - The company's annual recurring revenue (ARR) now constitutes two-thirds of total sales, indicating a positive shift towards a subscription model with the upcoming launch of its cloud-native Voyage Commerce Platform [10] - VYX shares have increased by about 9% YTD, supported by stock repurchase actions potentially totaling $200 million, while maintaining an attractive price-to-sales ratio of 0.71 [11]
Gray Telemundo Stations to Air Carolina Panthers Preseason Games in Spanish for the First Time
GlobeNewswire News Room· 2025-07-10 13:30
Core Insights - Gray Media and the NFL's Carolina Panthers have formed a partnership to broadcast all three Panthers preseason games live in Spanish, targeting Spanish-speaking fans in the Carolinas [1][4] - The broadcasts will be available on six Telemundo affiliate stations in South Carolina and Eastern North Carolina, enhancing accessibility for Latino fans [1][4] - The partnership aims to create inclusive experiences that resonate with Spanish-speaking communities, reflecting a commitment to cultural and linguistic representation [4] Company Overview - Gray Media, Inc. is the largest owner of local television stations in the U.S., reaching approximately 37% of U.S. television households, with a significant presence in the Telemundo affiliate market [5] - Tepper Sports & Entertainment operates the Carolina Panthers and is focused on making the greater Charlotte area a premier destination for sports and entertainment [7] Broadcast Details - The Spanish-language broadcasts will feature experienced sportscasters Carlos Ramirez and Ariana Figueroa, enhancing the viewing experience for fans [3] - The preseason schedule includes games against the Cleveland Browns, Houston Texans, and Pittsburgh Steelers, with specific dates and times outlined [6]
Gray Media Names Stephanie Plant as General Manager of WTAP in Parkersburg, West Virginia
Globenewswire· 2025-07-01 11:00
Group 1 - Gray Media has appointed Stephanie Plant as the new General Manager of WTAP, the NBC affiliate in Parkersburg, West Virginia, effective July 2, 2025, succeeding Ken Long who is retiring after 44 years in the media industry [1] - Stephanie Plant is a native of Parkersburg with nearly 20 years of sales experience, having joined WTAP as an Account Manager in 2016 and serving as Local Sales Manager for the past 8 years [3] - Gray Media, Inc. is the largest owner of top-rated local television stations and digital assets in the U.S., reaching approximately 37 percent of U.S. television households across 113 markets [5] Group 2 - The company's portfolio includes 78 markets with the top-rated television station and 99 markets with the first and/or second highest rated television station during 2024, as well as the largest Telemundo Affiliate group with 44 markets [5] - Gray Media also owns Gray Digital Media, which provides digital marketing strategies and services, along with video production companies and studio production facilities [5] - Stephanie Plant is actively involved in community service, serving on the Board of Directors for Camden Clark Memorial Hospital Foundation and as Race Director for Thriving Beyond Breast Cancer [4]
Kaltura and APTN Bring Indigenous Voices to Screens Across Canada with Streaming Service APTN lumi
Globenewswire· 2025-06-16 15:00
Core Insights - Kaltura has partnered with APTN to launch APTN lumi, a streaming service aimed at delivering Indigenous-language content to communities in Canada and globally [1][2][3] Company Overview - Kaltura is an AI Video Cloud company that provides an end-to-end OTT video platform, which includes a robust content management system, multi-platform distribution, monetization capabilities, and AI-driven personalization [4][6] - APTN, established in 1999, is the first national Indigenous broadcaster in the world, focusing on programming that celebrates Indigenous cultures and stories [7] Service Features - APTN lumi offers the largest curated collection of Indigenous stories and Indigenous-language content, accessible via web and mobile platforms [3][4] - The platform supports VOD in multiple Indigenous languages and includes infrastructure for subscription purchases [4] Strategic Goals - APTN aims to expand its digital footprint and promote understanding and dialogue around Indigenous perspectives through the launch of APTN lumi [2][5] - The partnership with Kaltura is seen as a way to enhance the reach of Indigenous voices and stories to a broader audience [5]