STOCK TITAN

St. Louis Cardinals, Gray Media, First Alert 4 and Matrix Midwest Expand Partnership with Launch of Home Plate Programming Package To Bring Fans Hundreds of Hours of Free Over-the-Air Cardinals Programming

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Very Positive)
Tags
partnership

St. Louis Cardinals (GTN) and Gray Media launched Home Plate, a new over-the-air programming package beginning Feb. 23, 2026 that expands free Cardinals coverage across multiple Midwestern markets.

Key elements include 8 Spring Training games, 10 regular-season Friday-night simulcasts, at least 12 Memphis Redbirds and 10 Springfield Cardinals games, plus next-day one-hour condensed replays on Matrix Midwest. Coverage airs in St. Louis and Cape Girardeau in full, with parts distributed to 13 additional Midwestern markets; local listings and updates available at Cardinals.com/watch.

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Positive

  • Free over-the-air access to Cardinals content across multiple markets
  • Ten regular-season Cardinals games simulcast on Friday nights
  • Eight Spring Training games simulcast beginning Feb. 23, 2026
  • At least 12 Memphis Redbirds and 10 Springfield Cardinals live games

Negative

  • Package airs in full only in St. Louis and Cape Girardeau; limited distribution in 13 markets
  • Programming subject to change, with some game dates/times pending announcement

News Market Reaction – GTN

-3.33%
1 alert
-3.33% News Effect

On the day this news was published, GTN declined 3.33%, reflecting a moderate negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

Key Figures

Spring Training games: 8 games Regular-season games: 10 games Memphis Redbirds games: At least 12 games +5 more
8 metrics
Spring Training games 8 games Cardinals Spring Training simulcast on Matrix Midwest
Regular-season games 10 games Cardinals regular-season games free over-the-air across multiple markets
Memphis Redbirds games At least 12 games AAA affiliate games airing live on Matrix Midwest
Springfield Cardinals games At least 10 games AA affiliate games airing live on Matrix Midwest
Next-day replays 2 slots per game day Condensed replays at noon and 5 p.m. on Matrix Midwest
Regular-season TV markets 15 markets List of markets carrying 10 regular-season Cardinals games
Current share price $4.80 Prior to Cardinals partnership announcement
52-week range $3.13–$6.31 GTN trading <b>23.87%</b> below 52-week high, <b>53.35%</b> above low

Market Reality Check

Price: $4.87 Vol: Volume 1,184,686 is below...
normal vol
$4.87 Last Close
Volume Volume 1,184,686 is below the 1,347,826 share 20-day average. normal
Technical Trading slightly below the 200-day MA at $4.81 with price at $4.80.

Peers on Argus

GTN fell 1.23% with key peers also lower: SBGI -1.11%, IHRT -1.37%, FUBO -8.61%,...

GTN fell 1.23% with key peers also lower: SBGI -1.11%, IHRT -1.37%, FUBO -8.61%, SSP -4.46%, indicating broader broadcasting weakness rather than momentum buying on this news.

Previous Partnership Reports

5 past events · Latest: Feb 03 (Positive)
Same Type Pattern 5 events
Date Event Sentiment Move Catalyst
Feb 03 Sports partnership Positive -2.0% Extended Kansas City Royals broadcast partnership for 2026 across multiple markets.
Nov 11 Sports partnership Positive -3.2% Expanded Memphis Grizzlies simulcast package across six markets in four states.
Aug 28 Sports partnership Positive -2.4% Partnered to simulcast 17 Dallas Stars NHL games across 15 markets.
Jul 18 College sports deal Positive -1.4% Signed TV partnership making Gray stations the home of Tennessee Volunteers content.
Jun 04 NFL partnership Positive -7.8% Extended New Orleans Saints deal with preseason rights and expanded team programming.
Pattern Detected

Partnership announcements have historically been followed by negative next-day moves, with an average change of -3.33% across five prior partnership headlines.

Recent Company History

Over the past year, Gray Media has repeatedly used partnership deals to expand free over-the-air sports content. Prior agreements covered the Kansas City Royals, Memphis Grizzlies, Dallas Stars, University of Tennessee Athletics, and the New Orleans Saints, often spanning multiple markets and states with dedicated programming blocks. Despite these seemingly positive strategic moves, next-day stock reactions were negative after each event. Today’s Cardinals partnership fits the same playbook of leveraging local sports rights across Gray’s station footprint.

Historical Comparison

-3.3% avg move · Past five partnership announcements averaged a -3.33% next-day move, suggesting that similar sports-...
partnership
-3.3%
Average Historical Move partnership

Past five partnership announcements averaged a -3.33% next-day move, suggesting that similar sports-rights expansions have not translated into short-term share price strength.

Gray has systematically built a multi-sport rights portfolio across MLB, NFL, NBA, NHL, and college athletics, focusing on free over-the-air regional coverage through its station network.

Market Pulse Summary

This announcement expands Gray Media’s portfolio of free, over-the-air sports content, adding extens...
Analysis

This announcement expands Gray Media’s portfolio of free, over-the-air sports content, adding extensive St. Louis Cardinals coverage from Spring Training through regular season and minor leagues. It mirrors prior partnerships with MLB, NFL, NBA, NHL and college programs. Investors may track how these packages translate into audience share and advertising performance alongside forthcoming earnings, while also monitoring broader broadcasting sector trends that have weighed on peer valuations.

Key Terms

over-the-air, simulcast
2 terms
over-the-air technical
"gives fans free and over-the-air access to the team they love"
Over-the-air means sending data, software or updates wirelessly to devices without needing a physical connection or in-person visit, like receiving a new app or firmware update through your phone or car’s cellular connection. Investors care because it lets companies fix bugs, add features, or patch security remotely, reducing recall costs and boosting user experience and recurring revenue, while also introducing regulatory and cybersecurity risks that can affect value.
simulcast technical
"Eight Cardinals Spring Training games simulcast live on Matrix Midwest"
A simulcast is a live event or announcement transmitted at the same time across multiple channels—such as webcast, radio, TV, or social platforms—so all viewers hear the same information simultaneously. For investors it matters because simultaneous distribution reduces the chance that some people get material news earlier than others, improving fairness and allowing everyone to react based on the same real-time information, much like multiple rooms watching the same live feed.

AI-generated analysis. Not financial advice.

        ATLANTA, Feb. 12, 2026 (GLOBE NEWSWIRE) -- Ahead of the 2026 season, the St. Louis Cardinals and Gray Media announce the launch of Home Platea sweeping package of Cardinals live games and other programming that gives fans free and over-the-air access to the team they love – from the minor leagues to the majors. The package will air in full in St. Louis and Cape Girardeau, and parts of the package will air on Gray’s television stations in 13 other Midwestern markets. The expanded Home Plate programming begins February 23rd in Spring Training and includes:

  • Eight Cardinals Spring Training games simulcast live on Matrix Midwest
  • Ten regular-season Cardinals games simulcast on First Alert 4 (KMOV-TV), Matrix Midwest, and Gray Media-owned or syndicated third-party television stations in Missouri, Illinois, Tennessee, Arkansas, Iowa, Indiana, and Kentucky
  • At least twelve Memphis Redbirds (AAA affiliate) games airing live on Matrix Midwest
  • At least ten Springfield Cardinals (AA affiliate) games airing live on Matrix Midwest
  • Next-day one-hour, edited and condensed replays of the prior day’s game airing at noon and 5 p.m. on Matrix Midwest for most Cardinals games

       "We're thrilled to expand our partnership with the St. Louis Cardinals and bring fans even closer to the team they love at every level,” said JD Sosnoff, General Manager of KMOV-TV & Matrix Midwest. “From watching future stars develop in Springfield and Memphis to experiencing Cardinals baseball at Busch Stadium, Home Plate gives our viewers unprecedented access to the entire organization. We're grateful for the Cardinals' trust in Matrix Midwest to deliver the exclusive content that connects fans with this storied franchise."

       The free, over-the-air broadcasts of 10 regular-season Cardinals games are slated for Friday nights, and will be available on Gray Media-owned or syndicated third-party television stations in the following markets*:

  • St. Louis, Missouri
  • Springfield, Missouri
  • Cape Girardeau, Missouri / Paducah, Kentucky
  • Champaign, Illinois
  • Peoria, Illinois
  • Quincy, Illinois
  • Rochester-Mason City, Illinois
  • Rockford, Illinois
  • Cedar Rapids, Iowa
  • Davenport, Iowa
  • Ottumwa, Iowa
  • Sioux City, Iowa
  • Evansville, Indiana
  • Jonesboro, Arkansas
  • Memphis, Tennessee

*Viewers should refer to local listings.

       St. Louis Cardinals’ regular season game times below are CDT*:

  • April 24 – St. Louis Cardinals vs. Seattle Mariners at 7:00 p.m.
  • May 22 – St. Louis Cardinals @ Cincinnati Reds at 5:30 p.m.
  • May 29 – St. Louis Cardinals vs. Chicago Cubs at 6:00 p.m.
  • June 12 – St. Louis Cardinals @ Minnesota Twins at 7:00 p.m.
  • June 26 – St. Louis Cardinals vs. Miami Marlins at 7:00 p.m.
  • July 3 – St. Louis Cardinals @ Chicago Cubs at 3:00 p.m.
  • July 24 – St. Louis Cardinals vs. Cincinnati Reds at 7:00 p.m.
  • August 7 – St. Louis Cardinals vs. Colorado Rockies at 7:00 p.m.
  • August 28 – St. Louis Cardinals vs. Pittsburgh Pirates at 7:00 p.m.
  • Sept. 11 – St. Louis Cardinals vs. Chicago White Sox at 7:00 p.m.                        

*Programming subject to change.

       The Cardinals plan to simulcast the following Spring Training games on Matrix Midwest.
All times are CDT:

  • Monday, Feb. 23 – St. Louis Cardinals vs. Miami Marlins at 12:00 p.m.
  • Saturday, March 7 – St. Louis Cardinals vs. New York Mets at 12:00 p.m.
  • Sunday, March 8 – St. Louis Cardinals @ Miami Marlins at 12:00 p.m.
  • Monday, March 9 – St. Louis Cardinals vs. Baltimore Orioles at 12:00 p.m.
  • Thursday, March 12 – St. Louis Cardinals vs. New York Mets at 12:00 p.m.
  • Friday, March 13 – St. Louis Cardinals vs. Houston Astros at 5:00 p.m.
  • Wednesday, March 18 – St. Louis Cardinals vs. Houston Astros at 12:00 p.m.
  • Monday, March 23 – St. Louis Cardinals @ Springfield Cardinals* at 6:00 p.m.
    (*at Hammons Field)

        Programming dates for the Memphis games, Springfield games and St. Louis Cardinals next-day condensed replays on Matrix Midwest will be announced on a later date. For the latest programming updates included in the Home Plate programming package and a comprehensive list of local listing information, fans can visit Cardinals.com/watch.

        “We are excited to continue our partnership with Gray Media and expand Cardinals baseball coverage across the St. Louis television market. The feedback we heard from our fans after showing Cardinals games on KMOV, Matrix Midwest, and regional Gray-TV affiliate stations last season was overwhelmingly positive,” said Anuk Karunaratne, Cardinals Senior Vice President of Business Operations. “Their free, over-the-air platform makes it easy for fans across Cardinals Nation to access the comprehensive Cardinals content they've been asking for. This is a unique opportunity for our fans to conveniently follow the team all season long."

# # #

About Matrix Midwest:

        Matrix Midwest is a provider of sports, lifestyle, and entertainment programming for the St. Louis region. Matrix Midwest is owned by Gray Media. Available now over-the-air on channel 32 and channel 6 on Spectrum/Charter. Based out of St. Louis, Matrix Midwest operates alongside sister station, First Alert 4 (KMOV-TV).

About First Alert 4:

        First Alert 4 (KMOV-TV) is a local media organization in St. Louis, MO. Serving the Midwest since 1954, KMOV is an award-winning provider of local news, weather, sports and entertainment content on multiple broadcast and digital platforms. First Alert 4 is owned by Gray Media.

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 47 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.

About the St. Louis Cardinals:

       The St. Louis Cardinals are one of the most storied franchises in all of baseball. Since joining the National League in 1892, the Cardinals have won more than 10,000 games and finished in first place 28 times, winning 3 National League Eastern Division Titles, 13 National League Central Division Titles, 19 National League Pennants and 11 World Series Championships. There are 56 former players, managers and executives with ties to the Cardinals organization enshrined in the National Baseball Hall of Fame in Cooperstown, New York.

Contact:

Tom Zupanci, Creative Services Director, Matrix Midwest & KMOV-TV, 314-566-1477 office
tom.zupanci@firstalert4.com


FAQ

What is the Home Plate broadcast package announced by the St. Louis Cardinals (GTN)?

Home Plate is a free, over-the-air programming package featuring live and condensed Cardinals games. According to the Cardinals, it includes 8 Spring Training games, 10 Friday-night regular-season simulcasts, and affiliate coverage of minor-league games starting Feb. 23, 2026.

How many regular-season St. Louis Cardinals games will air free on TV under Home Plate (GTN)?

Ten regular-season Cardinals games will be simulcast free on TV, primarily on Friday nights. According to Gray Media, those games will air on First Alert 4, Matrix Midwest, and Gray stations or syndicated affiliates across listed Midwestern markets.

When do Home Plate Spring Training broadcasts for Cardinals (GTN) begin and how many games are included?

Spring Training simulcasts begin Feb. 23, 2026 and include eight Cardinals preseason games. According to the company schedule, those games span Feb. 23 through March 23 with listed kickoff times in CDT on Matrix Midwest.

Will minor-league Cardinals affiliate games be included in the Home Plate (GTN) lineup?

Yes. The package includes at least 12 Memphis Redbirds (AAA) and at least 10 Springfield Cardinals (AA) live games. According to Gray Media, those affiliate game dates will be announced separately with local airtime details.

Which markets will receive Home Plate St. Louis Cardinals (GTN) broadcasts over-the-air?

Full coverage is in St. Louis and Cape Girardeau; portions will air in 13 additional Midwestern markets. According to the announcement, participating markets include cities across Missouri, Illinois, Iowa, Indiana, Kentucky, Arkansas, and Tennessee.

Where can fans find the latest Home Plate (GTN) broadcast schedule and local listings?

Fans can find updated schedules and channel listings at the team’s watch portal. According to the Cardinals, comprehensive programming and local listing information are available at Cardinals.com/watch with updates posted as needed.
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