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Gray Television Inc Stock Price, News & Analysis

GTN NYSE

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 (NYSE: GTN) is a leading multimedia company specializing in local television broadcasting, digital marketing solutions, and content production. This news hub provides investors and industry professionals with timely updates on corporate developments, financial performance, and strategic initiatives shaping Gray Media's position in the evolving media landscape.

Access comprehensive coverage of earnings announcements, operational milestones, and regulatory filings alongside analysis of market trends affecting broadcast networks and digital advertising. Our curated news collection offers insights into Gray Media's station acquisitions, technology investments, and partnerships driving innovation in local journalism and multimedia services.

Key updates include:

• Financial Reporting: Quarterly results and annual reports
• Strategic Expansions: Market entries and station acquisitions
• Technology Initiatives: ATSC 3.0 deployment and digital platform enhancements
• Industry Leadership: Awards, recognitions, and regulatory developments

Bookmark this page for direct access to verified information from primary sources, including official press releases and SEC filings. Regularly updated to reflect Gray Media's latest business activities, this resource supports informed decision-making for stakeholders tracking the convergence of traditional broadcasting and digital media innovation.

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Gray Media (NYSE: GTN) has appointed Shalayna Valencia as the new General Manager and Director of Sales for KOSA, their CBS affiliate station in Odessa, Texas. Valencia brings over 20 years of media industry experience, having previously served as Market President at Townsquare Media and Digital Sales Director at Hearst. She started her career as an Account Executive at KWES in Midland/Odessa. Gray Media is a leading multimedia company, owning the largest portfolio of top-rated local television stations and digital assets across 113 markets, reaching approximately 37% of US television households. The company maintains the top-rated station in 78 markets and first/second-highest rated stations in 99 markets as of 2024. Gray's portfolio includes the largest Telemundo Affiliate group spanning 44 markets, along with various media properties including Raycom Sports, Tupelo Media Group, PowerNation Studios, and production facilities.
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Gray Media has extended its broadcast partnership with the New Orleans Saints through the 2029 NFL season. The agreement includes broadcasting rights for all three 2025 preseason games across Gray's 15-station Saints Pre-Season Network and Gulf Coast Sports and Entertainment Network (GCSEN). The partnership expands content offerings with new Saints-related programming, including live shows, documentaries, and podcasts. WVUE will produce five weekly Saints-related programs, while Gray Media will premiere an NFL Films documentary about new Head Coach Kellen Moore. The deal reinforces Gray Media's position as a major regional sports broadcaster, reaching approximately 37% of US television households across 113 markets.
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Gray Media's WANF television station in Atlanta will end its 31-year CBS Network affiliation on August 15, 2025, to become an independent station. The transition aims to give WANF complete control over its programming schedule and expand its local news coverage. Since acquiring WANF in December 2021, Gray has invested significantly in the station, increasing weekly local newscast hours by 50% to 60 hours, creating the Southeast's largest weather team, and adding over 50 new jobs. The station has earned numerous prestigious awards and launched new initiatives including Peachtree Sports Network and Telemundo Atlanta. Gray expects this transition to help reduce leverage, improve its balance sheet, and enhance financial flexibility while following the successful model of other independent stations in markets like Phoenix, Jacksonville, and Boston.
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CBS and Gray Media have announced the renewal of CBS network affiliations for 52 of Gray's existing 53 markets. The agreement ensures that the renewing CBS affiliates will maintain their availability to local subscribers on Paramount+ and across traditional and virtual MVPD platforms. However, Gray's Atlanta station WANF will end its CBS Network affiliation on August 16, 2025, transitioning to become an independent television station focused specifically on the Atlanta market. This strategic move represents a significant shift in Gray's broadcast portfolio while maintaining strong ties with CBS across the majority of its markets.
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Gray Media (NYSE: GTN) has been awarded 81 regional Edward R. Murrow Awards for journalistic excellence across 38 of its local television stations. Notable achievements include four Overall Excellence awards to stations in Anchorage, Knoxville, Fort Wayne, and Madison. WMTV in Madison led with 9 awards, followed by WVUE in New Orleans with 8 awards. The recognition spans multiple categories including News Series (9 awards), Best Newscast (7 awards), Investigative Reporting (6 awards), Excellence in Innovation (6 awards), and several others. The regional winners will advance to the national competition, with results expected in August. Gray Media reaches approximately 37% of US television households across 113 markets, with leadership positions in 78 markets and strong presence in 99 markets.
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Gray Media (NYSE: GTN) has announced key leadership changes in its Nebraska markets. Shannon Booth has been appointed as General Manager of WOWT (NBC) in Omaha, succeeding Jim McKernan, who is retiring after 44 years in broadcasting. Jacque Harms will take over Booth's previous role, managing KOLN (CBS), KSNB (NBC) in Lincoln, and KNOP (NBC) and KNPL (CBS) in North Platte.

Booth brings extensive experience from her eight-year tenure managing multiple market-leading television, digital, and streaming products in Nebraska, along with 18 years at KCRG in Cedar Rapids. Harms, returning to Nebraska with over 35 years of media experience, previously led WTOK to win Mississippi Association of Broadcasters Small Market Station of the Year in 2024.

Gray Media operates the nation's largest network of top-rated local television stations, reaching approximately 37% of US television households across 113 markets.

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Gray Media (NYSE: GTN) has declared a quarterly cash dividend of $0.08 per share for both its common stock and Class A common stock. The dividend will be paid on June 30, 2025, to shareholders who are recorded as stockholders as of the close of business on June 13, 2025.

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Gray Media (NYSE: GTN) reported Q1 2025 financial results with total revenue of $782 million, down 5% year-over-year. Core advertising revenue decreased 8% to $344 million, while retransmission consent revenue fell 1% to $379 million. The company posted a net loss of $22 million compared to net income of $75 million in Q1 2024. Adjusted EBITDA declined to $160 million from $197 million. Notable achievements include reducing debt by $17 million and expanding credit facilities. The company increased its AR Facility commitments from $300M to $400M and Revolving Credit Facility from $680M to $700M. For Q2 2025, Gray expects core advertising revenue to decline by mid-single digits due to macroeconomic uncertainties, though digital advertising continues to show strong double-digit growth.
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Gray Media and its stations have received multiple prestigious industry awards recognizing their excellence in journalism and community service. Sandy Breland, Gray's EVP and COO, was selected for RTDNA's 2025 John F. Hogan Distinguished Service Award. WANF Atlanta won first place in the National Headliner Awards for their investigative documentary "In Plane Sight: The Fix" and received an Emmy nomination. Other notable achievements include WIBW Topeka winning the 2025 Celebration of Service to America Award for their mental health awareness campaign. Multiple Gray stations received Eric Sevareid Awards, with WBAY Green Bay earning six awards. The company's stations also garnered numerous state broadcasting awards, demonstrating Gray Media's commitment to impactful local journalism across its network of 113 television markets reaching approximately 37% of US television households.
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Gray Media has announced the promotion of Dana Neves to Senior Managing Vice President, overseeing television markets in the Northeast and Mid-Atlantic regions. Neves, who previously served as General Manager of WFSB (CBS) in Hartford, Connecticut for 7 years, began her career as an intern and progressively advanced through various leadership roles.

Her experience includes positions as News Director, Regional News Director, and Senior Vice President for Meredith , where she managed labor relations across multiple facilities. Following Gray's acquisition of Meredith's Local Media Group, she supervised stations in Connecticut, Maine, and Massachusetts while maintaining her WFSB leadership role. She was recently appointed Chair of Gray's Innovation Lab.

Neves, an Elon University graduate, actively participates in numerous nonprofit and civic boards, including The Denise D'Ascenzo Foundation and the American Heart Association's Go Red for Women campaign.

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FAQ

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

The current stock price of Gray Television (GTN) is $3.91 as of June 12, 2025.

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

The market cap of Gray Television (GTN) is approximately 374.6M.
Gray Television Inc

NYSE:GTN

GTN Rankings

GTN Stock Data

374.60M
87.36M
7.31%
73.18%
3.63%
Broadcasting
Television Broadcasting Stations
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United States
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