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Gray Television, Inc. - GTN STOCK NEWS

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

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Gray Television's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Gray Television's position in the market.

Rhea-AI Summary
Gray Television Inc. (GTN) successfully completes renewals of retransmission consent agreements with over 70% of its total subscriber footprint among traditional MVPDs. Negotiations conducted without consumer disruption. Anticipates completing current renewal cycle by 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.75%
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Rhea-AI Summary
Gray Television Inc. (GTN) announces distribution agreements with Cox Media Group, Nexstar, and Tegna to broadcast Cleveland Cavaliers games for free over-the-air in Ohio and parts of West Virginia. The deal includes five games and aims to expand the coverage of Cavaliers basketball in the region, providing an exceptional viewing experience with increased reach.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.05%
Tags
partnership
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Rhea-AI Summary
Gray Television Inc. (GTN) announced a partnership with the Dallas Mavericks to broadcast ten games for free over-the-air in the Lubbock and Sherman-Ada regions. The games will not be available on Bally Sports or Bally Sports+ streaming platforms. The agreement includes games against notable teams like the Golden State Warriors, Utah Jazz, and Atlanta Hawks.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.05%
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Rhea-AI Summary
The WNBA's Atlanta Dream partners with Gray Television (NYSE:GTN) to broadcast games on Peachtree TV and Peachtree Sports Network during the 2024 season. The partnership aims to reach more fans across the Southeast region, offering a wide range of viewing options on various platforms. Dream games will be available on Peachtree TV, major cable and satellite pay-tv systems, YouTube TV, Hulu Live, and Peachtree Sports Network. The 2024 WNBA season kicks off in May, with the Dream playing against the Los Angeles Sparks. The collaboration with Gray Television expands the reach of Dream games to a broader audience, enhancing the viewing experience for fans.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.18%
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partnership
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Rhea-AI Summary
Gray Television, Inc. (GTN) declares a quarterly cash dividend of $0.08 per share for its common stock and Class A common stock, payable on March 28, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.77%
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dividends
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Rhea-AI Summary
Gray Television, Inc. announced strong financial results for Q4 2023 with total revenue of $864 million, a 20% increase from 2021. Core advertising revenue rose by 2%, and automobile advertising saw a 16% increase. NBCUniversal began leasing facilities at Assembly Studios. Gray received $110 million from the sale of BMI and extended its revolving credit facility. CFO Jim Ryan will retire in 2025, with Jeff Gignac taking over.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-22.77%
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Rhea-AI Summary
Gray Television Inc. announced the retirement of CFO Jim Ryan after 2025 and the appointment of Jeff Gignac as the new CFO. Jim will assist in the transition until his retirement. Jeff, previously from Wells Fargo, will join Gray in April 2024 and take over as CFO in July 2024. Jim's significant contributions during his 25-year tenure have been highlighted, with Jeff's expertise in finance and media praised for leading Gray's future financial functions.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.6%
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management
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Rhea-AI Summary
Gray Television, Inc. (GTN) closes refinancing and upsizing of revolving credit facility, postpones term loan refinancing, and receives $110 million in pre-tax cash proceeds from the sale of Broadcast Music, Inc. Gray upsized its revolving credit facilities to $625 million due to strong demand.
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Gray Television, Inc. launches InvestigateTV+ en Español in 26 Telemundo markets, expanding its award-winning investigative program to a Spanish-speaking audience. The show, hosted by Luis Carlos Mendoza, aims to provide in-depth, inspirational stories in Spanish, reaching a broader viewership and enhancing Gray's mission of investigative journalism.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
6.91%
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none
Rhea-AI Summary
The Milwaukee Bucks will be broadcasted on Gray Television, Inc. stations in Wisconsin, offering 10 games for free to fans in Green Bay, Eau Claire, La Crosse, and Wausau. The partnership with Weigel Broadcasting Co. ensures widespread access to Bucks games on broadcast television.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.14%
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Gray Television, Inc.

NYSE:GTN

GTN Rankings

GTN Stock Data

558.92M
76.25M
6.15%
87.69%
5.65%
Television Broadcasting
Information
Link
US
Atlanta

About GTN

gray television is a television broadcast company headquartered in atlanta, georgia, that owns and/or operates television stations and leading digital assets in markets throughout the united states. gray owns and operates television stations in 44 television markets broadcasting 139 program streams including 76 affiliates of the big four networks (abc, cbs, nbc and fox). gray's owned and/or operated stations include 26 channels affiliated with the cbs network, 24 channels affiliated with the nbc network, 16 channels affiliated with the abc network and 10 channels affiliated with the fox network. the company owns and operates the number-one ranked television station in 29 of those 44 markets and the number-one or number-two ranked television station operations in 40 of those 44 markets. gray reaches approximately 8.1 percent of total united states television households.