Gray Stations Add Local News Live to Daily Programming Lineup
- ATLANTA, March 17, 2025 (GLOBE NEWSWIRE) -- Local News Live's signature afternoon newscast joins the programming lineup on 37 of Gray Media's local television stations starting today. The one-hour newscast featuring top stories from local journalists in Gray newsrooms across the country will air weekdays at 2:00 p.m. (ET) in most markets. This expansion means Local News Live now airs Monday through Friday in a total of 46 television markets and reaches more than 19 million households according to Nielsen.
- 03/17/2025
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Atlanta Braves Spring Training Games to Air in Spanish on Gray Media's Telemundo Affiliate Stations Across the Southeast
- ATLANTA, March 11, 2025 (GLOBE NEWSWIRE) -- For the first time, Atlanta Braves fans will be able to watch two Spring Training games in Spanish on Telemundo this March. As an extension of its broadcast deal to exclusively air ten Atlanta Braves Spring Training games in 2025, Gray Media will air two of these games simultaneously in Spanish across its 21 Telemundo Affiliate Stations across the Southeast:
- 03/11/2025
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Gray Media Promotes Ellenann Yelverton to General Counsel
- ATLANTA, March 04, 2025 (GLOBE NEWSWIRE) -- Gray Media has named Ellenann Yelverton as its General Counsel. Since the closing of the Gray/Raycom Media merger in 2019, Ellenann has overseen the company's legal matters for its operating divisions as our Deputy General Counsel. Prior to the merger, she served as Raycom's General Counsel and managed a host of legal matters for the company across a wide range of disciplines and through numerous acquisitions of television stations and related businesses.
- 03/04/2025
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GRAY ANNOUNCES QUARTERLY CASH DIVIDEND OF $0.08 PER SHARE
- ATLANTA, Feb. 27, 2025 (GLOBE NEWSWIRE) -- Gray Media, Inc. (“Gray”) (NYSE: GTN) announced today that its Board of Directors has authorized a quarterly cash dividend of $0.08 per share of its common stock and Class A common stock. The dividend is payable on March 31, 2025, to shareholders of record at the close of business on March 14, 2025.
- 02/27/2025
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Gray Media's Fourth Quarter Financial Results Exceeded Expectations
- ATLANTA, Feb. 27, 2025 (GLOBE NEWSWIRE) -- Gray Media, Inc. (“Gray,” “Gray Media,” “we,” “us” or “our”) (NYSE: GTN) today announced its financial results for the quarter ended December 31, 2024, which included revenues and expenses both finishing slightly better than guidance. For the full-year 2024, our portfolio of leading television stations earned $497 million of political advertising revenue, which we estimate to be the highest level of political advertising revenue among our peers, in total and on a per television household basis. Total operating expenses (before depreciation, amortization and loss on disposal of assets) in the fourth quarter of 2024 were $648 million, which was 2% below the low end of our previously announced guidance for the quarter. In addition, during 2024, we reduced the outstanding principal amount of our outstanding debt by $520 million, and we finished the year with a slightly lower Leverage Ratio, as defined in our Senior Credit Agreement, than we began the year.
- 02/27/2025
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Atlanta Dream and Gray Media Renew Broadcast Partnership for 2025
- Gray will be the Official Broadcast Partner of the Dream, Peachtree TV and Peachtree Sports Network to air Dream games and additional content across the region Gray will be the Official Broadcast Partner of the Dream, Peachtree TV and Peachtree Sports Network to air Dream games and additional content across the region
- 02/11/2025
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Gray Media Launches New NEXTGEN TV Enhancements for the Big Game on Sunday
- ATLANTA, Feb. 07, 2025 (GLOBE NEWSWIRE) -- Gray Media will broadcast Super Bowl LIX using High Dynamic Range (HDR) at all their NEXTGEN TV FOX affiliates, allowing viewers in eight markets to watch the biggest game of the year with improved contrast between the brightest and darkest colors on the screen.
- 02/07/2025
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Gray Media Renews InvestigateTV+ and InvestigateTV+ Weekend for 2025-2026 Season
- ATLANTA, Feb. 04, 2025 (GLOBE NEWSWIRE) -- Gray Media has renewed its daily, 30-minute news magazine InvestigateTV+ for a third season. The renewal naturally followed from continued ratings growth for the program in its second season, including weekly cumulative reach with Adults 18+ is up 5.7% in the first 18 weeks of the 2024-2025 season compared to the same period in 2023-2024 according to Nielsen. Gray also renewed the weekend edition of the show, InvestigateTV+ Weekend, for 2025-2026, its fifth season.
- 02/04/2025
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Gray Media Promotes Pamela Biddle to General Manager of WTVM in Columbus, Georgia
- ATLANTA, Jan. 31, 2025 (GLOBE NEWSWIRE) -- Gray Media, Inc. (NYSE: GTN) announced today the promotion of Pamela Biddle to the position of Vice President/General Manager of WTVM, the ABC affiliate in Columbus, Georgia, effective February 3, 2025.
- 01/31/2025
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GRAY SETS DATE FOR FOURTH QUARTER EARNINGS RELEASE AND EARNINGS CONFERENCE CALL
- ATLANTA, Jan. 22, 2025 (GLOBE NEWSWIRE) -- Gray Media, Inc. (NYSE: GTN) today announced that it will release its earnings results for the quarter ended December 31, 2024 on Thursday, February 27, 2025.
- 01/22/2025
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Charlotte Hornets Partner With Gray Media To Simulcast Five Games On Free, Over-The-Air Television Throughout The Carolinas
- Team Returns to Over-the-Air Television for the First Time Since 2007-08 Season Team Returns to Over-the-Air Television for the First Time Since 2007-08 Season
- 01/22/2025
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Braves Announce Exclusive Gray Media Spring Training Action
- Ten Atlanta Braves Spring Training Games will be Available for Fans to Watch on Gray Media Network of Stations in 2025 Ten Atlanta Braves Spring Training Games will be Available for Fans to Watch on Gray Media Network of Stations in 2025
- 01/13/2025
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U.S. Department of Justice Suspends Warrantless Airport Search Program After InvestigateTV Reporting
- ATLANTA, Jan. 09, 2025 (GLOBE NEWSWIRE) -- Gray Media (NYSE: GTN) today announced that following an investigation by Gray's InvestigateTV and Atlanta News First Investigates, the U.S. Department of Justice (DOJ) ended a nationwide search program that seized untold millions in cash from airline passengers without arrests.
- 01/09/2025
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Local Broadcasters Form Joint Venture to Provide High-Speed Data Transmission Services to Clients Across the United States
- “EdgeBeam Wireless” Will Use ATSC 3.0 to Provide Faster, More Secure, and Less Expensive Data Delivery “EdgeBeam Wireless” Will Use ATSC 3.0 to Provide Faster, More Secure, and Less Expensive Data Delivery
- 01/07/2025
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Gray Media Promotes Alison Davis to General Manager of WTOK-TV in Meridian, Mississippi
- ATLANTA, Jan. 03, 2025 (GLOBE NEWSWIRE) -- Gray Media, Inc. (NYSE: GTN) today announced the promotion of Alison Davis to the position of General Manager of WTOK, the ABC/CW/Telemundo affiliate in Meridian, Mississippi, effective January 6, 2025. She will retain her current position as Director of Sales for the station.
- 01/03/2025
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Gray Media Names Jacque Harms as General Manager of KKTV in Colorado Springs, Colorado
- ATLANTA, Jan. 03, 2025 (GLOBE NEWSWIRE) -- Gray Media, Inc. (NYSE: GTN) has named Jacque Harms as the next General Manager of KKTV, the CBS affiliate in Colorado Springs, Colorado.
- 01/03/2025
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Gray Announces KTUU/KYES General Manager Retirement
- Atlanta, Dec. 31, 2024 (GLOBE NEWSWIRE) -- Gray Media (NYSE: GTN) today announced that longtime KTUU and KYES General Manager Nancy Johnson will retire on January 3, 2025.
- 12/31/2024
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Gray Television, Inc. Will Officially Become Gray Media, Inc.
- ATLANTA, Dec. 30, 2024 (GLOBE NEWSWIRE) -- Gray Television, Inc. (NYSE: GTN) today announced that its Board of Directors has unanimously voted to change the company's name to Gray Media, Inc. effective as of 12:01 a.m. on January 1, 2025. The Board's action aligns the company's formal name with the widespread practice over the past few years of referring to the company as “Gray Media” or simply “Gray” both internally and externally.
- 12/30/2024
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Gray Renews All ABC Affiliation Agreements
- Atlanta, Dec. 30, 2024 (GLOBE NEWSWIRE) -- Gray Television, Inc. (NYSE: GTN) announced today that it has entered into agreements with The Walt Disney Company that extend and renew the network affiliations for all of Gray's ABC affiliated television stations across 25 markets through December 31, 2028.
- 12/30/2024
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Atlanta Braves Partner with Gray Media to Simulcast 15 Regular Season Games
- Partnership also includes 10 spring training games airing only on Gray TV plus opportunity to create additional Braves content for fans throughout Braves Country. Braves significantly increase fans' options to watch the selected games and other Braves-related content Partnership also includes 10 spring training games airing only on Gray TV plus opportunity to create additional Braves content for fans throughout Braves Country. Braves significantly increase fans' options to watch the selected games and other Braves-related content
- 12/18/2024
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Gray Announces Two General Manager Retirements
- ATLANTA, Dec. 13, 2024 (GLOBE NEWSWIRE) -- Gray Media (NYSE: GTN) today announced the upcoming retirements of two veteran broadcasters at year-end. In Columbus, Georgia, Holly Steuart will retire as the General Manager of WTVM, the local ABC affiliate, and in Myrtle Beach, South Carolina, Scott Sanders will retire as the General Manager of WMBF, the local NBC affiliate.
- 12/13/2024
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GRAY MEDIA AND THE NATIONAL COLLEGIATE HOCKEY CONFERENCE TEAM UP TO BRING ELITE COLLEGE HOCKEY FREE OVER-THE-AIR TO VIEWERS ACROSS THE COUNTRY
- ATLANTA, Dec. 06, 2024 (GLOBE NEWSWIRE) -- Gray Media (NYSE: GTN) and the National Collegiate Hockey Conference (NCHC) today announced that select NCHC college hockey games will appear free, over-the-air on Gray's market-leading television stations and over-the-air broadcast sports networks across the country. The first game, pitting No. 2-ranked and defending national champion Denver and No. 8-ranked Colorado College, will air in more than 20 Gray markets, including in St. Louis on Matrix Midwest Sports, throughout Louisiana on the Gulf Coast Sports & Entertainment Network, and across South Carolina on the Palmetto Sports & Entertainment Network on Friday, December 13, 2024 at 7 p.m. Mountain Time.
- 12/06/2024
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Derek Rogers Joins Gray Media as General Manager of KXII and FXII in Sherman, Texas
- ATLANTA, Dec. 05, 2024 (GLOBE NEWSWIRE) -- Gray Television, Inc. (“Gray” or “Gray Media”) (NYSE: GTN) announced that Derek Rogers will join the company as the next General Manager and Director of Sales for KXII (CBS) and FXII (FOX) in Sherman, Texas, on January 6, 2025. He will succeed Rick Dean, who is retiring after 39 years at the stations, including the last 23 years as General Manager.
- 12/05/2024
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Gray Television Makes Significant Progress on Debt Reduction and Replenishes Authorization for Additional Debt Reduction
- ATLANTA, Nov. 20, 2024 (GLOBE NEWSWIRE) -- Gray Television, Inc. (“Gray,” “Gray Media,” the “Company,” “we,” “us” or “our”) (NYSE: GTN) has completed a series of transactions that collectively reduced the Company's principal amount of debt outstanding by $278 million since October 1, 2024, bringing the Company's total principal debt reduction to $519 million since January 1, 2024. Accordingly, our Board of Directors today has authorized an increase in our previously announced debt repurchase authorization, replenishing the authorization to a total of $250 million of available liquidity to repurchase our outstanding indebtedness. We anticipate that the meaningful reduction in our outstanding debt this year will result in a significant reduction of cash interest expense going forward.
- 11/20/2024
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Gray Announces Three General Manager Retirements
- ATLANTA, Nov. 18, 2024 (GLOBE NEWSWIRE) -- Gray Media (NYSE: GTN) today announced the retirements of three veteran broadcasters occurring this month. In Presque Isle, Maine, Kelly Landeen is retiring as the General Manager and Director of Sales of WAGM. In Hazard, Kentucky, Neil Middleton is retiring as the General Manager of WYMT. In Topeka, Kansas, Roger Brokke is retiring as the General Manager and Director of Sales of WIBW.
- 11/18/2024
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GRAY ANNOUNCES QUARTERLY CASH DIVIDEND OF $0.08 PER SHARE
- ATLANTA, Nov. 08, 2024 (GLOBE NEWSWIRE) -- Gray Television, Inc. (“Gray”) (NYSE: GTN) announced today that its Board of Directors has authorized a quarterly cash dividend of $0.08 per share of its common stock and Class A common stock. The dividend is payable on December 31, 2024, to shareholders of record at the close of business on December 13, 2024.
- 11/08/2024
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Gray Announces Third Quarter Financial Results, Additional Cost Containment Initiatives, and Approximately $500 Million of Full-Year 2024 Political Ad Revenue and Projected $500 Million Full-Year 2024 Net Debt Reduction
- ATLANTA, Nov. 08, 2024 (GLOBE NEWSWIRE) -- Gray Television, Inc. (“Gray,” “Gray Media,” “we,” “us” or “our”) (NYSE: GTN) today announced a strong third quarter ended September 30, 2024. Gray also projected full-year 2024 political advertising revenue of $500 million, as well as full-year 2024 Net Debt reduction of $500 million.
- 11/08/2024
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Local News Live Announces Election Night Coverage
- ATLANTA, Oct. 28, 2024 (GLOBE NEWSWIRE) -- Gray Media (NYSE: GTN) today announced comprehensive election night coverage plans on Local News Live, its 24/7 news network. Starting at 7 p.m. EST on November 5th, Local News Live will stream election coverage on Roku, Amazon Fire, Apple TV, iOS, and Android streaming devices. The Local News Live feed will also be carried on localnewslive.com and more than 500 Gray Media digital properties.
- 10/28/2024
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Gray Sets Date for Third Quarter Earnings Release and Earnings Conference Call
- ATLANTA, Oct. 09, 2024 (GLOBE NEWSWIRE) -- Gray Media (NYSE: GTN) today announced that it will release its earnings results for the quarter ended September 30, 2024 on Friday, November 8, 2024.
- 10/09/2024
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Local News Live Launches New Streaming Apps
- Atlanta, Oct. 07, 2024 (GLOBE NEWSWIRE) -- Gray Media (NYSE: GTN) today announced that Local News Live, its 24/7 streaming news network, launched standalone apps for connected TVs and smartphones. These new apps are now available to download for free by searching “LNL” on Roku, Amazon Fire, Apple TV, iOS, and Android streaming devices.
- 10/07/2024
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Gray Announces Two General Manager Retirements
- ATLANTA, Oct. 04, 2024 (GLOBE NEWSWIRE) -- Gray Media (NYSE: GTN) today announced the retirements of two veteran broadcasters. In Monroe, Louisiana, Laura Long is retiring as the General Manager of KNOE effective October 4, 2024. In Sherman, Texas, Rick Dean will retire as the General Manager of KXII effective December 31, 2024.
- 10/04/2024
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Gray Media and Stations Raise More Than $340,000 for Hurricane Helene Relief
- ATLANTA, Oct. 04, 2024 (GLOBE NEWSWIRE) -- Gray Media (NYSE: GTN) today announced that its local television stations have raised more than $290,000 for Hurricane Helene response efforts, and Gray itself will donate an additional $50,000 to the relief fund. The money raised will provide immediate aid as well as long-term assistance for residents impacted by the deadly storm system that took the lives of more than 200 people and left a path of destruction across six states.
- 10/04/2024
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InvestigateTV+ Grows Clearances for 2024 – 2025 Season
- ATLANTA , Sept. 04, 2024 (GLOBE NEWSWIRE) -- Gray Media (NYSE: GTN) today announced that InvestigateTV+, its award-winning 30-minute news magazine, is now cleared on weekends in 67% of the U.S for the 2024 – 2025 season. The weekday edition of the program is also expanding its reach to 46% of the U.S. this fall. InvestigateTV+ and InvestigateTV+ Weekend will launch their new seasons the week of September 9th.
- 09/04/2024
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Gray Media Announces Coverage Plans for 2024 Democratic National Convention
- ATLANTA, Aug. 19, 2024 (GLOBE NEWSWIRE) -- Gray Media (NYSE: GTN) today announced comprehensive coverage plans for the 2024 Democratic National Convention.
- 08/19/2024
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Gray Television: Bumpy Ride But Thesis Intact
- Gray Television is the second-largest local television broadcaster in the US, with stations in 114 markets. Gray Television's stock price plunged after mixed second-quarter results, but the company still has potential for growth. GTN is expected to benefit from a surge in political advertising revenue for the 2024 general election. Every dollar of debt paid off should translate into accretion for equity holders.
- 08/10/2024
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GRAY ANNOUNCES QUARTERLY CASH DIVIDEND OF $0.08 PER SHARE
- ATLANTA, Aug. 08, 2024 (GLOBE NEWSWIRE) -- Gray Television, Inc. (“Gray”) (NYSE: GTN) announced today that its Board of Directors has authorized a quarterly cash dividend of $0.08 per share of its common stock and Class A common stock. The dividend is payable on September 30, 2024, to shareholders of record at the close of business on September 13, 2024.
- 08/08/2024
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Gray Announces Operating Results for the Second Quarter
- ATLANTA, Aug. 08, 2024 (GLOBE NEWSWIRE) -- Gray Television, Inc. (“Gray Media,” “Gray,” “we,” “us” or “our”) (NYSE: GTN) today announced financial results for the second quarter ended June 30, 2024, including total revenue of $826 million and total operating expenses (before depreciation, amortization and loss on disposal of assets) of $607 million. While we are overall pleased with our results in the second quarter, macro-economic and other factors largely beyond our control appear likely to result in somewhat lower revenues for the year than we previously anticipated.
- 08/08/2024
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PALMETTO SPORTS & ENTERTAINMENT TO LAUNCH STATEWIDE ON GRAY MEDIA STATIONS
- Contact: Robby ThomasVice President & General ManagerWIS 10 – wistv.com(803) 799-1010 – robby.thomas@wistv.com
- 08/01/2024
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Rock Entertainment Group and Gray Media Join Forces to Launch Rock Entertainment Sports Network
- The new Rock Entertainment Sports Network will be the 24/7 home of local Ohio sports, including the Cleveland Monsters, Cleveland Charge, St. Edward High School and Lake Erie Crushers Programming The new Rock Entertainment Sports Network will be the 24/7 home of local Ohio sports, including the Cleveland Monsters, Cleveland Charge, St. Edward High School and Lake Erie Crushers Programming
- 07/25/2024
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Gray Media Partners with Harlem Globetrotters for their Historic Return to Live Television Across the Nation for First Time in 40 Years
- ATLANTA, July 18, 2024 (GLOBE NEWSWIRE) -- The Harlem Globetrotters and Gray Media (NYSE:GTN) proudly announce the live broadcast of a Harlem Globetrotters game from their historic sports residency at American Dream in New Jersey on August 18, 2024. The event tips off at 7pm ET on local television stations owned by Gray, including Peachtree TV (WPCH) in Atlanta, and more than ninety other markets.
- 07/18/2024
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Gray Media's InvestigateTV and WVUE Honored with the Society of Professional Journalists' Sigma Delta Chi Awards
- Atlanta, July 16, 2024 (GLOBE NEWSWIRE) -- The Society of Professional Journalists has awarded InvestigateTV, Gray Media's (“Gray”) (NYSE: GTN) national investigative team and WVUE, Gray's FOX affiliated television station in New Orleans, Louisiana, with three prestigious 2023 Sigma Delta Chi Award for Excellence in Journalism. Founded in 1909 as Sigma Delta Chi, the Society of Professional Journalists (SPJ) is the nation's most broad-based journalism organization, dedicated to the free flow of information and protecting free speech.
- 07/16/2024
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Taking A (Speculative) Position In Gray Television
- Reviewed Gray Television Inc. stock, decided not to buy more but wrote puts that expired worthless, now considering buying 1,000 shares for a speculative portfolio. Financial snapshot shows profits dropped in 2023 due to revenue decrease and higher input costs, but improved compared to pre-pandemic levels. Valuation compared to 10 Year Treasury Note shows the dividend can drop 10% annually and still match Note returns, suggesting solid investment at current prices.
- 07/10/2024
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GRAY SETS DATE FOR SECOND QUARTER EARNINGS RELEASE AND EARNINGS CONFERENCE CALL
- ATLANTA, July 01, 2024 (GLOBE NEWSWIRE) -- Gray Television, Inc. (NYSE: GTN) today announced that it will release its earnings results for the quarter ended, June 30, 2024 on Thursday, August 8, 2024.
- 07/01/2024
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Gray Stations Honored by IRE Awards for Outstanding Investigative Journalism
- Atlanta, June 24, 2024 (GLOBE NEWSWIRE) -- The Investigative Reporters and Editors (IRE) awarded three Gray Television, Inc. (“Gray”) (NYSE: GTN) stations for outstanding watchdog journalism. The IRE annual ceremony on Saturday, June 22 saluted the best investigative journalism across broadcast, print, and online media.
- 06/24/2024
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Gray Announces Closing of Term Loan and Revolving Credit Facility Refinancing
- ATLANTA, June 04, 2024 (GLOBE NEWSWIRE) -- Gray Television, Inc. (“Gray” or the “Company”) (NYSE: GTN) announced today that it has closed a refinancing of its $1.15 billion term loan due in 2026 and upsizing of its revolving credit facility.
- 06/04/2024
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Gray Television Announces Early Tender Results of Its Cash Tender Offer for Its 5.875% Senior Notes Due 2026
- ATLANTA, June 04, 2024 (GLOBE NEWSWIRE) -- Gray Television, Inc. (“Gray”) (NYSE: GTN) announced today the early tender results of its previously announced offer to purchase for cash (the “Tender Offer”) any and all of its outstanding 5.875% Senior Notes due 2026 (the “Notes”), subject to certain terms and conditions set forth in the Offer to Purchase dated May 20, 2024 (the “Offer to Purchase”).
- 06/04/2024
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RTNDA Awards 78 Regional Edward R. Murrow Awards to 35 Gray Television Stations
- ATLANTA, June 03, 2024 (GLOBE NEWSWIRE) -- Gray Television, Inc. (“Gray”) (NYSE: GTN) announced today that the Radio Television Digital News Association (RTDNA) awarded a combined 78 regional Edward R. Murrow awards for excellence in journalism to 35 of Gray's local stations, led by nine separate awards to WVUE in New Orleans, Louisiana, and six to Hawaii News Now in Honolulu, Hawaii. Among the highest honors:
- 06/03/2024
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Gray Announces Closing of Offering of $1.25 Billion of 10.500% Senior Secured First Lien Notes due 2029
- Atlanta, June 03, 2024 (GLOBE NEWSWIRE) -- Gray Television, Inc. (“Gray”) (NYSE: GTN) announced today that it has completed its previously announced offering of $1.25 billion aggregate principal amount of 10.500% senior secured first lien notes due 2029 (the “Notes”). The Notes were issued at par.
- 06/03/2024
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Gray Names Greg Connor as General Manager of WRDW and WAGT in Augusta, Georgia
- ATLANTA, May 30, 2024 (GLOBE NEWSWIRE) -- Gray Television, Inc. (“Gray”) (NYSE: GTN) today announced that Greg Connor will join Gray as the next General Manager of WRDW (CBS) and WAGT (NBC) in Augusta, Georgia, on June 3, 2024. He will succeed Mike Oates, who is retiring after 33 years at the stations, including the last 7 years as General Manager.
- 05/30/2024
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Gray Announces Upsizing and Pricing of $1.25 Billion of 10.500% Senior Secured First Lien Notes due 2029
- ATLANTA, May 23, 2024 (GLOBE NEWSWIRE) -- Gray Television, Inc. (“Gray”) (NYSE: GTN) announced today the pricing of its previously announced private offering of $1.25 billion aggregate principal amount of 10.500% senior secured first lien notes due 2029 (the “Notes”). This represents an increase of $250 million over the amount previously announced. The Notes were priced at 100% of par. The offering of the Notes is expected to close on June 3, 2024, subject to customary closing conditions and the closing of the refinancing of its senior credit facility.
- 05/23/2024
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Gray Television Commences Cash Tender Offer for Its 5.875% Senior Notes Due 2026
- ATLANTA, May 20, 2024 (GLOBE NEWSWIRE) -- Gray Television, Inc. (“Gray,” the “Company,” “we,” or “our”) (NYSE: GTN) announced today the commencement of an offer to purchase for cash (the “Tender Offer”), subject to certain terms and conditions, any and all of its outstanding 5.875% Senior Notes due 2026 (the “Notes”).
- 05/20/2024
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Gray Announces Private Offering of Senior Secured Notes
- ATLANTA, May 20, 2024 (GLOBE NEWSWIRE) -- Gray Television, Inc. (“Gray,” “we,” “us” or “our”) (NYSE: GTN) announced today that it intends to offer up to $1 billion aggregate principal amount of senior secured first lien notes due 2029, subject to market conditions. The offering will be exempt from the registration requirements of the Securities Act of 1933 (the “Securities Act”).
- 05/20/2024
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Gray Television Announces Commencement of Proposed $1.6 Billion Refinancing Process and a Further Increase to its Revolving Credit Facility
- ATLANTA, May 15, 2024 (GLOBE NEWSWIRE) -- Gray Television, Inc. (“Gray,” the “Company,” “we,” or “our”) (NYSE: GTN) announced today the commencement of a refinancing process for its existing $1.15 billion term loan due 2026 and up to $450 million of its 5.875% senior notes due 2026, with the goal of extending a significant portion of its near-term debt maturities. Overall, the Company is targeting refinancing that outstanding debt with approximately $750 million of new senior secured term loans maturing in 2029 and approximately $750 million of additional senior secured debt, together with cash on hand and borrowings of approximately $100 million under its revolving credit facility due 2027.
- 05/15/2024
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Gray Television Partners with American Association of Professional Baseball to Bring Summer Baseball to Viewers Free Over-The-Air
- ATLANTA, May 13, 2024 (GLOBE NEWSWIRE) -- Gray Television Inc. (“Gray”) (NYSE: GTN) is pleased to announce an agreement to bring select American Association of Professional Baseball (AAPB) games to free, over-the-air local television stations in multiple Midwestern markets and across three of Gray's local sports networks: Arizona Family Sports in Arizona, Peachtree Sports Network in Georgia, and Silver State Sports and Entertainment Network in Nevada. The AAPB is a Professional Partner League of Major League Baseball.
- 05/13/2024
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GRAY ANNOUNCES QUARTERLY CASH DIVIDEND OF $0.08 PER SHARE
- ATLANTA, May 08, 2024 (GLOBE NEWSWIRE) -- Gray Television, Inc. (“Gray”) (NYSE: GTN) announced today that its Board of Directors has authorized a quarterly cash dividend of $0.08 per share of its common stock and Class A common stock. The dividend is payable on June 28, 2024, to shareholders of record at the close of business on June 14, 2024.
- 05/08/2024
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Gray's Operating Results for the First Quarter Driven by Continued Strong Demand and Execution; Gray Announces New $250 Million Debt Repurchase Authorization
- ATLANTA, May 07, 2024 (GLOBE NEWSWIRE) -- Gray Television, Inc. (“Gray,” “we,” “us” or “our”) (NYSE: GTN) today announced financial results for the first quarter ended March 31, 2024, reflecting our total revenue of $823 million and total operating expenses (before depreciation, amortization and loss on disposal of assets) of $632 million.
- 05/07/2024
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GRAY TELEVISION ROLLING OUT ADVANCED FEATURES WITH NEXTGEN TV
- LOUISVILLE, Ky., April 29, 2024 (GLOBE NEWSWIRE) -- With Derby Week kicking off in Louisville, Kentucky, Gray Television, Inc. (NYSE: GTN) (“Gray”) is proud to announce several key initiatives to advance the NEXTGEN TV transition and bring more of the benefits of this new standard to viewers in Gray's local communities. Among many other consumer benefits, NEXTGEN allows broadcasters to deliver superior picture quality and immersive sound, and Gray is increasing its efforts to roll out these features for viewers.
- 04/29/2024
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Gray Renews InvestigateTV+ For 2024-2025 Season
- ATLANTA, April 18, 2024 (GLOBE NEWSWIRE) -- Gray Television, Inc. (“Gray” or the “Company”) (NYSE: GTN) announced today that its daily, 30-minute news magazine InvestigateTV+ is renewed for a second season in 2024-2025. The renewal is the direct result of impressive, double-digit ratings growth in the show's debut season. InvestigateTV+ built audience throughout its first season with an average of 25% growth with Adults 18+ across all Gray markets since its launch in September 2023 (Source: Nielsen).
- 04/18/2024
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GRAY SETS DATE FOR FIRST QUARTER EARNINGS RELEASE AND EARNINGS CONFERENCE CALL
- ATLANTA, April 09, 2024 (GLOBE NEWSWIRE) -- Gray Television, Inc. (NYSE: GTN) today announced that it will release its earnings results for the quarter ended, March 31, 2024 on Tuesday, May 7, 2024.
- 04/09/2024
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Gray Announces Paydown of Debt
- Atlanta, Georgia, April 05, 2024 (GLOBE NEWSWIRE) -- Gray Television, Inc. (“Gray” or the “Company”) (NYSE: GTN) announced today that it has completed a series of debt principal payments totaling $53.75 million.
- 04/05/2024
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Gray Promotes Peter Zampa to Senior National Correspondent
- ATLANTA, April 04, 2024 (GLOBE NEWSWIRE) -- Gray Television, Inc. (“Gray”) (NYSE: GTN) announced today the promotion of Peter Zampa to Senior National Correspondent for the Gray Television Washington News Bureau. In his new role, Peter will be based in New York City covering the local impact of national and international stories for Gray affiliates, including Wall Street and the United Nations. He will also provide unique analysis for Local News Live, Gray's streaming network that provides live news coverage on more than 500 Gray station websites, connected TV apps, and mobile apps.
- 04/04/2024
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Local News Live and Gray Stations to Stream Continuous Live Eclipse Coverage
- ATLANTA, April 03, 2024 (GLOBE NEWSWIRE) -- Gray Television, Inc. (“Gray”) (NYSE: GTN) announced today that Local News Live, a streaming news network that provides live news coverage from Gray's 114 television markets and Washington DC Bureau, and Gray stations will stream continuous live coverage of the total solar eclipse on April 8th. The programming will be available as a live stream on more than 500 Gray Television station websites, connected TV apps, and mobile apps. Gray stations in the path of totality will also provide complete local coverage to their communities on every screen.
- 04/03/2024
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Gray to Provide Research and Consulting Services to CBS Owned and Operated Television Stations
- ATLANTA, April 02, 2024 (GLOBE NEWSWIRE) -- Gray Television, Inc. (“Gray”) (NYSE: GTN) announced today that CBS has retained Gray's in-house news research and consulting group, Strategic Insights & Activation Team (“Strat Team”), as a provider of market research and news consulting services to all 14 CBS owned and operated television stations. The first-of-its-kind partnership began on April 1, 2024.
- 04/02/2024
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Gray Television: Tune In To The Main Event
- Gray Television is the second largest local television broadcaster in the US, with stations in 114 markets. My speculative buy thesis is based on America's increasing political divide and the potential for record-high political ad spending in the 2024 election cycle. Provided we get a normal ad cycle, GTN should be able to generate hundreds of millions in free cash flow that can go towards reducing debt and improving equity valuations.
- 04/02/2024
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Gray Television's BEAT THE ODDS and SportsGrid Launch Partnership for National Syndication of Five Sports Betting Specials
- NEW YORK, April 02, 2024 (GLOBE NEWSWIRE) -- Gray Television Inc. “Gray” (NYSE: GTN) is pleased to announce that Gray's Emmy Award-winning Tupelo Media Group and Las Vegas station KVVU have teamed with SportsGrid FAST Channel to produce five major sporting event specials. The specials will be part of the “ BEAT THE ODDS ” nationally syndicated sports betting and entertainment television series produced by Tupelo Media Group and KVVU. The specials begin this weekend for college basketball and will also air on dozens of Gray's television stations.
- 04/02/2024
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Gray Television Partners with Revamped Arena Football League to Bring Local Spring Football to Viewers Free Over-The-Air Starting April 27
- ATLANTA, March 28, 2024 (GLOBE NEWSWIRE) -- Gray Television Inc. (“Gray”) (NYSE: GTN) is pleased to announce a multi-year agreement with the Arena Football League to bring Saturday arena football games over-the-air to local audiences in at least thirty-four markets across the United States. The first AFL games on Gray's television stations will air on Saturday, April 27, 2024, and continue for the ten-week 2024 AFL season.
- 03/28/2024
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Gray Television Surpasses Major Retrans Renewal Milestone with No Consumer Disruptions
- Atlanta, March 04, 2024 (GLOBE NEWSWIRE) -- Gray Television Inc. (“Gray”) (NYSE: GTN) announced today that it has successfully completed renewals of retransmission consent agreements representing more than 70 percent of its total subscriber footprint among cable, satellite, and telco multichannel video programming distributors (“traditional MVPDs”) in its current three-year retransmission renewal cycle that began with the successful renewal of agreements with three of the largest traditional MVPDs in the first quarter of 2023.
- 03/04/2024
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Atlanta Dream and Gray Television Announce Broadcast Partnership
- Peachtree TV and Peachtree Sports Network to air Dream games across the region Peachtree TV and Peachtree Sports Network to air Dream games across the region
- 02/28/2024
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GRAY ANNOUNCES QUARTERLY CASH DIVIDEND OF $0.08 PER SHARE
- ATLANTA, Feb. 26, 2024 (GLOBE NEWSWIRE) -- Gray Television, Inc. (“Gray”) (NYSE: GTN) announced today that its Board of Directors has authorized a quarterly cash dividend of $0.08 per share of its common stock and Class A common stock. The dividend is payable on March 28, 2024, to shareholders of record at the close of business on March 15, 2024.
- 02/26/2024
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Why Gray Television Stock Tanked Today
- The TV channel operator didn't have a great fourth quarter. Its revenue, net loss, and top-line guidance didn't meet analyst expectations.
- 02/23/2024
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Gray Finishes 2023 In A Strong Position and Issues Positive Outlook for 2024
- ATLANTA, Feb. 23, 2024 (GLOBE NEWSWIRE) -- Gray Television, Inc. (“Gray,” “we,” “us” or “our”) (NYSE: GTN) today announced strong financial results for the fourth quarter ended December 31, 2023, including total revenue of $864 million, which was in-line with the high end of our revenue guidance and total operating expenses (before depreciation, amortization, impairment and loss on disposal of assets) of $664 million, which was below the low end of our expense guidance for the quarter.
- 02/23/2024
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Gray Television Announces CFO Jim Ryan's Upcoming Retirement and Appointment of Jeff Gignac to Succeed Him
- ATLANTA, Feb. 20, 2024 (GLOBE NEWSWIRE) -- Gray Television Inc. (“Gray,” the “Company,” “we,” “us,” or “our”) (NYSE: GTN) announced today that Chief Financial Officer Jim Ryan has notified the Company of his voluntary decision to transition into retirement after 2025. Gray and Jim have agreed that he will remain with Gray as a Senior Advisor through his retirement to assist with a seamless transition of his duties.
- 02/20/2024
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GRAY SETS DATE FOR FOURTH QUARTER EARNINGS RELEASE AND EARNINGS CONFERENCE CALL
- ATLANTA, Jan. 25, 2024 (GLOBE NEWSWIRE) -- Gray Television, Inc. (NYSE: GTN) today announced that it will release its earnings results for the quarter ended, December 31, 2023 on Friday, February 23, 2024.
- 01/25/2024
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Gray Television: Divesting But Appears Undervalued
- Gray Television is reshaping its balance sheet through recent acquisitions and divestitures, potentially leading to improved cash flow and stock valuation. In my view, the recent acquisitions of the television station WPGA in Macon, Georgia market, and the divestiture of KNIN may bring cash in hand and incoming FCF growth from new synergies. GTN's experienced management team and expertise in M&A suggest further inorganic growth and higher free cash flow margins in the future.
- 11/30/2023
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Gray Television Can Unlock A Lot Of Shareholder Value By Simply Paying Down Its Debt
- Gray Television's stock has lost two-thirds of its value since early 2022, creating an opportunity for brave investors. The company has a large number of well-received TV channels, with one channel in the top spot in 70% of its markets. Gray's high debt levels and concerns about the TV industry have led to a lack of faith from investors, but its cash generation and growing revenues indicate potential for upside.
- 08/21/2023
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GRAY SETS DATE FOR SECOND QUARTER EARNINGS RELEASE AND EARNINGS CONFERENCE CALL
- ATLANTA, July 03, 2023 (GLOBE NEWSWIRE) -- July 3, 2023 . . . Gray Television, Inc. (NYSE: GTN) today announced that it will release its earnings results for the quarter ended, June 30, 2023 on Friday, August 4, 2023.
- 07/03/2023
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Gray Television: A Strong Brand in Local Television
- Gray Television ( GTN , Financial) is a media company that owns and operates high-quality stations in 113 television markets, collectively reaching 36% of U.S. households, including markets like Atlanta, Tampa, Cleveland, Charlotte, Orlando, Jacksonville and Knoxville. Yet, the company doesn't get much press because it's focused on local TV stations.
- 06/21/2023
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Dividends and Capital Gains Opportunities at Gray Television
- Gray Television Inc. ( GTN , Financial) is a broadcasting powerhouse, the second largest in the U.S. Its stations serve 113 television markets that reach 36% of American households. Of those stations, 79 are ranked number one in their markets, while 101 enjoy the highest or second-highest rankings.
- 04/26/2023
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GRAY SETS DATE FOR FIRST QUARTER EARNINGS RELEASE AND EARNINGS CONFERENCE CALL
- ATLANTA, April 06, 2023 (GLOBE NEWSWIRE) -- Gray Television, Inc. (NYSE: GTN) today announced that it will release its earnings results for the quarter ended, March 31, 2023 on Friday, May 5, 2023.
- 04/06/2023
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Gray Sets Date for Fourth Quarter Earnings Release and Earnings Conference Call
- ATLANTA, Jan. 27, 2023 (GLOBE NEWSWIRE) -- Gray Television, Inc. (NYSE: GTN) today announced that it will release its earnings results for the quarter ended, December 31, 2022 on Friday, February 24, 2023.
- 01/27/2023
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GRAY SETS DATE FOR THIRD QUARTER EARNINGS RELEASE AND EARNINGS CONFERENCE CALL
- ATLANTA, Oct. 10, 2022 (GLOBE NEWSWIRE) -- Gray Television, Inc. (NYSE: GTN) today announced that it will release its earnings results for the quarter ended, September 30, 2022 on Friday, November 4, 2022.
- 10/10/2022
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Gray Television announces it will adopt $18 hourly minimum wage
- Gray Television is set to raise its minimum hourly wage to $18 in October. The new rate will apply to full-time, non-commissioned and non-contracted employees.
- 08/29/2022
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Gray Television gives raises to 2,000 employees by raising minimum wage to $18/hour
- Gray Television Inc. GTN, -0.40% said Monday that it will start paying a minimum wage of $18 per hour, effective Oct. 1. The TV station owner's new hourly wage, for all full-time, non-commissioned and non-contracted employees, will give a raise to about 2,000 employees.
- 08/29/2022
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GRAY SETS DATE FOR SECOND QUARTER EARNINGS RELEASE AND EARNINGS CONFERENCE CALL
- ATLANTA, July 06, 2022 (GLOBE NEWSWIRE) -- Gray Television, Inc. (NYSE: GTN) today announced that it will release its earnings results for the quarter ending June 30, 2022 on Friday, August 5, 2022.
- 07/06/2022
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Is Gray Television (GTN) Stock Outpacing Its Consumer Discretionary Peers This Year?
- Here is how Gray Television (GTN) and Nintendo Co. (NTDOY) have performed compared to their sector so far this year.
- 04/13/2022
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Has Gray Television (GTN) Outpaced Other Consumer Discretionary Stocks This Year?
- Here is how Gray Television (GTN) and Nintendo Co. (NTDOY) have performed compared to their sector so far this year.
- 03/24/2022
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Fast-paced Momentum Stock Gray Television (GTN) Is Still Trading at a Bargain
- Gray Television (GTN) made it through our 'Fast-Paced Momentum at a Bargain' screen and could be a great choice for investors looking for stocks that have gained strong momentum recently but are still trading at reasonable prices.
- 03/24/2022
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Is Gray Television (GTN) Outperforming Other Consumer Discretionary Stocks This Year?
- Here is how Gray Television (GTN) and Rocky Brands (RCKY) have performed compared to their sector so far this year.
- 03/08/2022
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Fast-paced Momentum Stock Gray Television (GTN) Is Still Trading at a Bargain
- Gray Television (GTN) made it through our 'Fast-Paced Momentum at a Bargain' screen and could be a great choice for investors looking for stocks that have gained strong momentum recently but are still trading at reasonable prices.
- 03/08/2022
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Gray Television, Inc.'s (GTN) CEO Hilton Howell on Q4 2021 Results - Earnings Call Transcript
- Gray Television, Inc.'s (GTN) CEO Hilton Howell on Q4 2021 Results - Earnings Call Transcript
- 02/25/2022
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Gray Television (GTN) Q4 Earnings and Revenues Top Estimates
- Gray Television (GTN) delivered earnings and revenue surprises of 254.55% and 8.34%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?
- 02/25/2022
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Earnings Preview: Gray Television (GTN) Q4 Earnings Expected to Decline
- Gray Television (GTN) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
- 02/18/2022
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Gray Television: An Overlooked Broadcasting Company
- Gray Television: An Overlooked Broadcasting Company
- 01/26/2022
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Should Value Investors Pick Gray Television (GTN) Stock Now?
- Is Gray Television (GTN) a great pick from the value investor's perspective right now? Read on to know more.
- 12/09/2021
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Gray Television, Inc. (GTN) CEO Hilton Howell on Q3 2021 Results - Earnings Call Transcript
- Gray Television, Inc. (GTN) CEO Hilton Howell on Q3 2021 Results - Earnings Call Transcript
- 11/06/2021
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Gray Television (GTN) Reports Q3 Loss, Tops Revenue Estimates
- Gray Television (GTN) delivered earnings and revenue surprises of -196.97% and 0.81%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?
- 11/04/2021
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Herb Bruce Promoted to General Manager of KALB in Alexandria
- ATLANTA, Oct. 18, 2021 (GLOBE NEWSWIRE) -- Gray Television, Inc. (“Gray”) (NYSE: GTN) announced today its promotion of Herb Bruce to General Manager/General Sales Manager of Alexandria, Louisiana's powerhouse television station, NBC affiliate KALB.
- 10/18/2021
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Gray Television Purchases Third Rail Studios
- ATLANTA, Sept. 13, 2021 (GLOBE NEWSWIRE) -- Gray Television, Inc. (“Gray”) (NYSE: GTN ) announced today that it has purchased Third Rail Studios in Doraville, Georgia, from The Integral Group for $27.5 million.
- 09/13/2021
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Gray Television: A Cyclical Recovery Play With M&A Upside
- Gray Television: A Cyclical Recovery Play With M&A Upside
- 09/02/2021
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Gray Television, Inc. (GTN) CEO Hilton Howell on Q2 2021 Results - Earnings Call Transcript
- Gray Television, Inc. (GTN) CEO Hilton Howell on Q2 2021 Results - Earnings Call Transcript
- 08/07/2021
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Gray Reports Second Quarter Operating Results
- ATLANTA, Aug. 05, 2021 (GLOBE NEWSWIRE) -- Gray Television, Inc. (“Gray,” “we,” “us” or “our”) (NYSE: GTN) today announced financial results for the second quarter ended June 30, 2021. We experienced strong momentum in the first half of 2021 that we believe will continue throughout the remainder of the year. Key financial results were as follows:
- 08/05/2021
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GRAY CHANGES TIME OF SECOND QUARTER EARNINGS RELEASE AND EARNINGS CONFERENCE CALL
- ATLANTA, July 23, 2021 (GLOBE NEWSWIRE) -- Gray Television, Inc. (NYSE: GTN) today announced that it has changed the time of its earnings results for the quarter ending June 30, 2021 on Thursday, August 5, 2021 to 10:00 a.m. Eastern.
- 07/23/2021
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Gray Television Forms New Sports and Entertainment Revenue Group
- ATLANTA, June 18, 2021 (GLOBE NEWSWIRE) -- Gray Television, Inc. (“Gray”) (NYSE: GTN) has formed a new sales and sponsorship entity called Gray Sports + Entertainment Sales to represent the company's internal content production portfolio to brands and advertising agencies. The new group is responsible for revenue generation of Gray-owned media and sponsorship assets.
- 06/18/2021
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GRAY AMENDS MERGER AGREEMENT WITH MEREDITH CORPORATION
- ATLANTA, June 03, 2021 (GLOBE NEWSWIRE) -- Gray Television, Inc. (“Gray”) (NYSE: GTN) today confirmed that Meredith Corporation (“Meredith”) recently informed Gray that, after announcing the definitive agreement with Gray, it had received an unsolicited proposal to acquire its Local Media Group (“LMG”) division, including all of Meredith's broadcast television stations, from another party. Gray subsequently offered to amend the parties' Merger Agreement to increase the total consideration payable by Gray from approximately $14.50 per share in cash, or $2.7 billion in total enterprise value (after the spin off of Meredith's National Media Group to the current Meredith shareholders), to $16.99 per share in cash, or $2.825 billion in total enterprise value; to increase certain fees due to the other party under certain termination events under the Merger Agreement; and to make certain other revisions. On June 2, 2021, Gray and Meredith entered into an amendment to reflect the revised terms.
- 06/03/2021
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Here's What Could Help Gray Television (GTN) Maintain Its Recent Price Strength
- Gray Television (GTN) could be a solid choice for shorter-term investors looking to capitalize on the recent price trend in fundamentally sound stocks. It is one of the many stocks that passed through our shorter-term trading strategy-based screen.
- 05/27/2021
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Gray Television's (GTN) CEO Hilton Howell on Q1 2021 Results - Earnings Call Transcript
- Gray Television's (GTN) CEO Hilton Howell on Q1 2021 Results - Earnings Call Transcript
- 05/08/2021
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MEREDITH INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Meredith Corporation - MDP
- NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Meredith Corporation's Local Media Group (NYSE: MDP) to Gray Television, Inc. (NYSE: GTN). Under the terms of the proposed transaction, shareholders of Meredith will receive $14.50 in cash for each share of Meredith that they own. KSF is seeking to determine whether this consideration and the process that led
- 05/07/2021
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RTDNA Awards 57 Regional Edward R. Murrow Awards to 26 Gray Television Stations
- Atlanta, May 06, 2021 (GLOBE NEWSWIRE) -- Gray Television, Inc. (“Gray ” ) (NYSE: GTN) announced today that the Radio Television Digital News Association (RTDNA) awarded a combined 57 regional Edward R. Murrow awards for excellence in journalism to 26 of Gray's local stations, led by nine separate awards to WVUE in New Orleans. Among the highest honors:
- 05/06/2021
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Here Is Why Bargain Hunters Would Love Fast-paced Mover Gray Television (GTN)
- If you are looking for stocks that have gained strong momentum recently but are still trading at reasonable prices, Gray Television (GTN) could be a great choice. It is one of the several stocks that passed through our 'Fast-Paced Momentum at a Bargain' screen.
- 05/06/2021
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Gray Television: Stretching Its Geographical Footprint
- GTN has secured two deals this year that will propel it to becoming the second-largest television broadcaster in the US. Q1 revenue increased by 2% quarter over quarter and printed a positive net income of $39 million, down 36% from the same quarter last year.
- 05/05/2021
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Gray Television (GTN) Beats Q1 Earnings and Revenue Estimates
- Gray Television (GTN) delivered earnings and revenue surprises of 80.00% and 2.40%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?
- 05/03/2021
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Gray Television In Major Expansion Is Buying Meredith's Station Group For $2.7 Billion
- Gray Television announced Monday a giant leap forward in a deal to acquire Meredith Corp.'s local media group — comprising 17 stations — for $2.7 billion in a deal that Grey said will transform it into the second largest television broadcast group in the nation. Gray will basically acquire all outstanding shares of Meredith for...
- 05/03/2021
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Meredith's stock soars after $2.7 billion deal to sell local TV broadcasting business to Gray Television
- Shares of Meredith Corp. shot up 12.9% in premarket trading Monday, after the TV broadcasting and magazine advertising company announced a deal to sell its Local Media Group to Gray Television Inc. in a deal valued at $2.7 billion. Under terms of the deal, Meredith will spin off its National Media Group to shareholders, who will receive $14.50 per share in cash and a 1-for-1 equity share in the company after the deal closes.
- 05/03/2021
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Gray Television, Inc. (GTN) CEO Hilton Howell on Q4 2020 Results - Earnings Call Transcript
- Gray Television, Inc. (GTN) CEO Hilton Howell on Q4 2020 Results - Earnings Call Transcript
- 02/27/2021
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GRAY NAMES STERLING SPAINHOUR TO ITS BOARD OF DIRECTORS
- ATLANTA, Feb. 25, 2021 (GLOBE NEWSWIRE) -- Gray Television, Inc. (“Gray,” “we,” “us” or “our”) (NYSE: GTN) today announced that its Board of Directors unanimously voted to expand the Board by one seat and elected Sterling A. Spainhour, Jr. as an independent Director to fill that position, effective at the close of business today. Like all Directors, Mr. Spainhour's term will run through our next Annual Meeting.
- 02/25/2021
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GRAY INITIATES QUARTERLY CASH DIVIDEND OF $0.08 PER SHARE
- ATLANTA, Feb. 25, 2021 (GLOBE NEWSWIRE) -- Gray Television, Inc. (“Gray,” “we,” “us” or “our”) (NYSE: GTN) announced today that its Board of Directors has authorized the initiation of a regular quarterly cash dividend of $0.08 per share of its common stock and Class A common stock. The first dividend is payable on March 31, 2021, to shareholders of record at the close of business on March 15, 2021. Gray last paid a dividend to common stock and Class A common stockholders on October 15, 2008.
- 02/25/2021
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Gray Reports Record Operating Results
- ATLANTA, Feb. 25, 2021 (GLOBE NEWSWIRE) -- Gray Television, Inc. (“Gray,” “we,” “us” or “our”) (NYSE: GTN) today announced financial results for the fourth quarter ended December 31, 2020. Despite the impact of the novel coronavirus and its disease (collectively, “COVID-19”) on economic activity, our strong political revenues, prudent cost management, strategic sales initiatives and training, and focused management at every level during the last three quarters of 2020, and especially the fourth quarter of 2020, resulted in record operating results for the fourth quarter and the full-year. Key financial results are as follows:
- 02/25/2021
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Gray Television, Grand Ole Opry and Circle Network Partner on Opry's Live Sat., Feb. 27 Broadcast to Benefit Feeding America
- Atlanta, Feb. 24, 2021 (GLOBE NEWSWIRE) -- Gray Television, Inc. (NYSE: GTN) , The Grand Ole Opry and Circle Network are coming together on Saturday, February 27 during the live Opry broadcast to help raise money and awareness of food insecurity. A rising demand for nutrition assistance due to the pandemic has been compounded by extreme weather across several states last week, including multiple markets served by Gray television stations. All proceeds will benefit Feeding America, a network of 200 food banks and more than 60,000 food pantries in nearly every community across the country. Viewers will be directed to make a donation at www.feedingamerica.org/circle .
- 02/24/2021
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Gray Sets Date for Fourth Quarter Earnings Release and Earnings Conference Call
- Atlanta, Feb. 08, 2021 (GLOBE NEWSWIRE) -- Gray Television, Inc. (NYSE: GTN) today announced that it will release its earnings results for the quarter ending December 31, 2020 on Thursday, February 25, 2021.
- 02/08/2021
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Gray Television Acquires Quincy Media For $925 Million In Cash
- Big indie broadcaster Gray Television Monday has acquired smaller family-owned Quincy Media for $925 million in cash in a deal that will land it with stations in 102 markets reaching over 25% of U.S. TV households. Atlanta-based Gray said Monday its portfolio will include the top-ranked stations in 77 markets and first or second-ranked in...
- 02/01/2021
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Gray Television to acquire Quincy Media for $925 million in cash
- Gray Television Inc. said Monday it has reached an agreement to acquire Quincy Media Inc. for $925 million in cash. Once the deal closes, Gray will own television stations serving 102 TV markets that collectively reach 25.4% of U.S. TV households, the company said in a statement.
- 02/01/2021
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Gray Television Is Still A Buy
- The company had a spectacular 2020, and is stronger in many ways now than it's been in years. In spite of that fact, the shares are trading near multi-year low valuations. I think this combination represents an excellent opportunity.
- 01/26/2021
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Gray Expands Its Washington DC News Team With Two More Senior Journalists
- Atlanta, Jan. 05, 2021 (GLOBE NEWSWIRE) -- Gray Television, Inc. (“Gray”) (NYSE: GTN) announced today that it has hired two additional experienced journalists for its Washington, DC-based news operations.
- 01/05/2021
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Gray Television Has Surpassed $400 Million in Net Political Advertising Revenue for 2020
- Atlanta, Ga, Dec. 16, 2020 (GLOBE NEWSWIRE) -- Gray Television, Inc. (“Gray”) (NYSE: GTN) today announced that its local television stations and digital platforms have now run more than $400 million in political advertisements since January 1, 2020, net of commissions and agency fees.
- 12/16/2020
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Google Selects Gray Television for 2021 News Innovation Challenge
- Atlanta, Dec. 15, 2020 (GLOBE NEWSWIRE) -- Gray Television, Inc. (“Gray” or “our”) (NYSE: GTN) announced that Google's GNI Innovation Challenge has selected Gray Television, Inc. for $200,000 in funding to support a multi-platform journalism project focused on health disparities in the Mississippi Delta and Appalachia regions of the country.
- 12/15/2020
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Gray Television Launches Its First NextGen TV Station
- Atlanta, Dec. 07, 2020 (GLOBE NEWSWIRE) -- On December 2, 2020, Gray Television, Inc. (“Gray,” “we,” or “our”) (NYSE: GTN) launched our first NextGen TV (ATSC 3.0) station when we lit up WNXG, our low power television station in Tallahassee, Florida, using the new transmission standard.
- 12/07/2020
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Gray Television Shares Can Gain More Through Cost Efficiency Focus
- Gray Television has been growing substantially over the last couple of years, for the large part driven by acquisitions. Shares have also provided attractive returns. Year-to-Date 2020, however, share prices have declined in spite of a recovery that has already followed the big pandemic related plunge in last March.
- 12/04/2020
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Gray Television, Inc.'s (GTN) CEO Hilton Howell on Q3 2020 Results - Earnings Call Transcript
- Gray Television, Inc.'s (GTN) CEO Hilton Howell on Q3 2020 Results - Earnings Call Transcript
- 11/07/2020
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Gray Television Announces $150 Million Expansion of Share Repurchase Authorization
- ATLANTA, Nov. 05, 2020 (GLOBE NEWSWIRE) -- Gray Television, Inc. (“Gray,” the “Company,” “we,” or “our”) (NYSE: GTN and GTN.A) announced today that its Board of Directors has authorized an expansion of Gray's share repurchase authorization for up to an additional $150 million of outstanding common stock (GTN) and/or Class A common stock (GTN.A) through December 31, 2023. This additional authorization increases the total capacity under Gray's share repurchase program to $220 million when combined with the approximately $70 million remaining under its previous authorization.
- 11/05/2020
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Gray Reports Record Operating Results for the Quarter Ended September 30, 2020
- ATLANTA, Nov. 05, 2020 (GLOBE NEWSWIRE) -- Gray Television, Inc. (“Gray,” “we," “us” or “our”) (NYSE: GTN) today announced financial results for the third quarter ended September 30, 2020. The impact of the novel coronavirus and its disease (collectively, “COVID-19”) on economic activity continued to impact our revenues and results for the third quarter and nine-months ended September 30, 2020. Despite these macroeconomic challenges, we increased our cash on hand by $88 million in the third quarter and repurchased $10 million of our common stock. Key financial results are as follows:
- 11/05/2020
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