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Gray Television (GTN) Stock News

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Welcome to our dedicated page for Gray Television news (Ticker: GTN), a resource for investors and traders seeking the latest updates and insights on Gray Television stock.

Gray Media, Inc. reports developments across a multimedia business built around local television stations, digital assets, and production properties. Its recurring news includes advertising demand, political revenue, retransmission consent economics, station acquisitions, and quarterly financial results for a broadcasting portfolio serving 120 full-power television markets.

Company updates also cover Gray Digital Media, digital and streaming distribution, Telemundo affiliates, sports and video production properties such as Raycom Sports, Tupelo Media Group, PowerNation Studios, Assembly Atlanta, and Third Rail Studios, as well as dividends, investor events, leadership appointments, and governance matters.

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Gray Media (NYSE: GTN) closed a $70 million private placement of 7.250% Senior Secured First Lien Notes due 2033 on June 30, 2026. The notes were issued at par plus accrued interest and form a single series with $775 million of existing 7.250% notes.

Proceeds funded $40 million for the first closing of the American Spirit Media transaction and the repurchase of 50,000 Series A Preferred shares with a $50 million aggregate liquidation preference for $30 million plus accrued dividends. Gray now has $845 million of these notes outstanding and 600,000 Series A Preferred shares with a $600 million aggregate liquidation preference.

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Gray Media (NYSE: GTN) agreed to acquire American Spirit Media’s six television stations for $50 million, including FOX and CBS affiliates in markets such as Toledo, Jackson, Wilmington, Columbus (GA), Wichita Falls, and Lake Charles.

Gray has completed a first closing, paying $40 million and entering a limited local management agreement. This portion was funded from a $70 million private placement of 7.250% Senior Secured First Lien Notes due 2033. Gray plans to use cash on hand to complete the second closing in Q4 2026, after regulatory approvals. The company expects the deal, along with related debt issuance and preferred stock redemption, to be cash flow accretive, not increase its Consolidated Total Net Leverage Ratio, and to support balance sheet goals.

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Gray Media (NYSE:GTN) named Annie Cordell General Manager of WMBF, the NBC affiliate serving Myrtle Beach-Florence, effective July 13, 2026. She brings experience in broadcast sales, station management, and digital media, including leadership roles at Bahakel Digital and WCCB in Charlotte.

Gray Media reports operating top-rated local TV stations and digital assets across 117 U.S. markets, reaching about 37% of TV households as of May 15, 2026.

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Gray Media (NYSE:GTN) launched Political 360, an enhanced political digital advertising solution powered by Aristotle data. The platform integrates Aristotle’s political and consumer databases into Gray’s go-to-market strategy to help campaigns target precise voter segments across devices and digital channels.

Political 360 uses Aristotle’s National Voter File of over 235 million registered voters and a National Consumer File of more than 267 million consumer records. According to Gray, this data-driven approach is designed to reduce wasted impressions, improve campaign efficiency, and support party-specific and issue-based targeting.

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Gray Media (NYSE:GTN) announced that four of its properties earned honors at the 2026 NAB Leadership Foundation Service to America Awards, including one winner and three finalists.

KOLN 10/11 won for a domestic violence prevention special, while InvestigateTV, WKYT and WJHG were recognized as finalists for projects on AI, tornado relief and breast cancer screening.

Gray Media operates top-rated local TV stations and digital assets in 117 US markets, reaching about 37% of US TV households.

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Gray Media (NYSE:GTN) announced that 41 of its local television stations received a combined 93 regional Edward R. Murrow Awards from RTDNA for excellence in journalism. Honors span Overall Excellence, Investigative Reporting, Digital, Hard News, Podcast, Excellence in Video, Continuing Coverage and Excellence in Innovation.

Stations such as WVUE, WMTV, WANF and WRDW earned multiple awards. Regional winners move on to the national Murrow Awards competition later this summer.

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Gray Media (NYSE: GTN) named longtime WFIE executive Jamie Bremer as General Manager of WFIE, the NBC affiliate in Evansville, Indiana, effective immediately.

Bremer has 13 years at WFIE in sales and leadership roles. Gray Media serves 117 TV markets, reaching about 37% of US TV households.

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Gray Media (NYSE: GTN) appointed Jay Hiett as General Manager of WDRB, WAVE, and WBKI in Louisville, Kentucky, effective immediately.

Hiett brings 25+ years of broadcast leadership, most recently leading WFIE in Evansville. Gray Media serves 117 markets, reaching about 37% of US TV households as of May 15, 2026.

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Gray Media (NYSE:GTN) closed a cash-free, even exchange of television stations with E.W. Scripps across five mid-sized and small markets.

Gray acquired WSYM (Fox) in Lansing, Michigan, and KATC (ABC) in Lafayette, Louisiana, and has now completed all previously announced station transactions.

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FAQ

What is the current stock price of Gray Television (GTN)?

The current stock price of Gray Television (GTN) is $4.11 as of July 4, 2026.

What is the market cap of Gray Television (GTN)?

The market cap of Gray Television (GTN) is approximately 422.3M.