Gray Renews All Fox Affiliation Agreements
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Rhea-AI Summary
Gray Media (NYSE: GTN) has announced the renewal of its Fox Television Network affiliation agreements across 27 markets, including major cities like Portland, Cincinnati, Las Vegas, and Birmingham.
Gray Media is currently the nation's largest owner of top-rated local television stations, reaching approximately 37% of US television households through 113 television markets. The company maintains leadership positions with the #1 rated station in 78 markets and the #1 or #2 rated station in 99 markets as of 2024. Additionally, Gray operates the largest Telemundo Affiliate group spanning 44 markets.
Positive
- Secured renewal of Fox affiliations in 27 key markets
- Maintains strong market position reaching 37% of US TV households
- Holds #1 rated position in 78 markets
- Operates largest Telemundo Affiliate group with 44 markets
Negative
- None.
Details
News Market Reaction – GTN
On Aug 18, the day this news came out, GTN closed 1.53% below the previous close.
Data tracked by StockTitan Argus for the Aug 18 session.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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 Media, Inc. (NYSE: GTN) is a multimedia company headquartered in Atlanta, Georgia. The company is the nation’s largest owner of top-rated local television stations and digital assets serving 113 television markets that collectively reach approximately 37 percent of US television households. The 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. The company also owns Gray Digital Media, a full-service digital agency offering national and local clients digital marketing strategies with the most advanced digital products and services. Gray’s additional media properties include video production companies Raycom Sports, Tupelo Media Group, and PowerNation Studios, and studio production facilities Assembly Atlanta and Third Rail Studios. For more information, please visit www.graymedia.com.
Gray Contact:
Kevin P. Latek, Executive Vice President, Chief Legal and Development Officer, 404-266-8333
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