Every 8-K that Gray Media, Inc. (GTN) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 8-K covers material events a company has to report between its quarterly reports, so if you follow GTN and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full GTN filings page.
Gray Media, Inc. updated its guidance for the quarter ending September 30, 2026, raising political advertising revenue to $188 million–$195 million from $165 million–$185 million and lifting the low end of total revenue guidance to $950 million from $935 million; the high end remains $965 million. Core advertising guidance changed from “Flat, as reported” to “-1% to Flat, as reported.” Total corporate and administrative expense guidance, excluding depreciation, amortization and gains or losses on asset disposals, moved to $30 million–$35 million from $35 million–$40 million.
The update reflects current operational information while Gray is finalizing third-quarter results, and estimates may change; guidance not revised remains as issued August 7, 2026. Gray’s illustrative 2026 political advertising estimate assumes $192 million for the quarter, including an estimated $9 million from recent acquisitions through September 30, 2026. The company anticipates no outstanding borrowings under its Revolving Credit Facility as of September 30, 2026, and cites approximately $379 million of current capacity under its Accounts Receivable Securitization facility.
Gray Media, Inc. (GTN) completed a private offering of $750 million aggregate principal amount of 7.500% senior secured first lien notes due 2034, issued at par under a new indenture with U.S. Bank Trust Company as trustee and collateral agent.
Gray is using the net proceeds to redeem $675 million of its 10.500% senior secured first lien notes due 2029, repay $21 million of borrowings under its revolving credit facility, and pay related fees and expenses, including call premiums and accrued interest on the 2029 notes.
The new notes mature on September 15, 2034, bear interest from August 21, 2026, and pay interest semiannually on March 15 and September 15, beginning March 15, 2027. They are guaranteed on a senior secured first lien basis by restricted subsidiaries that guarantee Gray’s existing senior credit facility and are subject to customary covenants and events of default, including limits on additional debt, liens, asset sales, dividends and certain transactions.
Gray Media, Inc. is undertaking a private debt financing, having priced an offering of $750 million aggregate principal amount of 7.500% senior secured first lien notes due 2034. The notes were priced at 100% of par, with closing expected on August 21, 2026, subject to customary conditions.
Gray states that proceeds from the notes will be used to redeem a portion of its outstanding 10.500% senior secured first lien notes due 2029, repay a portion of outstanding borrowings under its revolving credit facility, and pay related fees and expenses. The notes will be guaranteed, on a senior secured first lien basis, by each existing and future restricted subsidiary that guarantees Gray’s existing senior credit facility.
The notes and related guarantees are being offered only to qualified institutional buyers under Rule 144A and to certain non‑U.S. persons under Regulation S, and will not be registered under the Securities Act or other securities laws. Gray emphasizes that this communication does not constitute a notice of redemption for the 2029 notes or an offer to sell or solicit an offer to buy the new notes.
Gray Media, Inc. is undertaking a private debt refinancing. The company announced an offering, subject to market conditions, of up to $750 million aggregate principal amount of senior secured first lien notes due 2034 in a transaction exempt from Securities Act registration. The notes will be offered to qualified institutional buyers under Rule 144A and to non-U.S. persons under Regulation S, and will be guaranteed on a senior secured first lien basis by restricted subsidiaries that guarantee Gray’s existing senior credit facility.
Gray intends to use the net proceeds to redeem a portion of its 10.500% senior secured first lien notes due 2029, repay a portion of outstanding borrowings under its revolving credit facility, and pay related fees and expenses. Separately, Gray issued a conditional notice of partial redemption for $675 million of the 2029 Notes, targeted for August 27, 2026, at 105.250% of principal plus accrued and unpaid interest, contingent on consummation of the new notes offering.
Gray Media, Inc. states that beginning on August 7, 2026, it intends to meet from time to time with prospective investors and may use or reference a prepared slide presentation in those meetings. The slide deck is included as Exhibit 99.1 and consists of prospective investor meeting slides. This information is furnished under Regulation FD and is expressly described as not deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, nor incorporated by reference into Securities Act of 1933 filings except where specifically referenced.
Gray Media, Inc. announced that its Board of Directors authorized a quarterly cash dividend of $0.08 per share on both its common stock and Class A common stock. The dividend is payable on September 30, 2026 to shareholders of record at the close of business on September 15, 2026.
Gray Media is a multimedia company based in Atlanta that owns top-rated local television stations and digital assets. It serves 117 full-power television markets reaching approximately 37% of U.S. television households and operates the largest Telemundo affiliate group, along with multiple production and digital media businesses.
Gray Media, Inc. reported stronger results for the quarter ended June 30, 2026 and authorized a new $250 million debt repurchase program. Total revenue was $839 million, up from $772 million in Q2 2025, as political advertising rose to $83 million from $9 million and production revenue increased.
Net income was $14 million versus a $56 million loss a year earlier, and Adjusted EBITDA grew to $214 million from $169 million. Net Retransmission Revenue increased to $150 million from $136 million, even with lower gross retransmission revenue and a blackout that ended on May 1. Corporate and transaction-related expenses rose, reflecting acquisition activity.
At June 30, 2026, cash was $176 million and total outstanding debt principal was $5.87 billion, producing a Consolidated Total Net Leverage Ratio of 5.73, below the 7.00 covenant limit. For Q3 2026, Gray forecasts total revenue of $935–$965 million and political advertising of $165–$185 million, compared with $749 million and $8 million, respectively, in Q3 2025.
Gray Media, Inc. repurchased, in a privately negotiated transaction on July 21, 2026, $100 million aggregate principal amount of its 10.500% senior secured first lien notes due 2029 and $20 million aggregate principal amount of its 5.375% senior notes due 2031. Each tranche was bought at a purchase price of par plus accrued and unpaid interest to the date of repurchase.
The company funded these note repurchases using available liquidity, including cash on hand and borrowings under its existing revolving credit facility.
Gray Media, Inc. has obtained SEC relief under Rule 3-13 of Regulation S-X and is providing an Audited Abbreviated Statement of Assets Acquired and Liabilities Assumed for the television stations purchased from Allen Media Group. The statement presents the fair values of assets acquired and liabilities assumed as of March 27, 2026 and May 1, 2026 under U.S. GAAP.
The Allen Acquired Stations were purchased for an all-cash price of $171 million, including $56 million for three new markets and $115 million for seven existing markets. At acquisition, assets acquired totaled $180 million and liabilities assumed were $9 million, resulting in net assets of $171 million. Key amounts assigned were $106 million to broadcast licenses, $22 million to property and equipment, and $42 million to goodwill reflecting enhanced scale, expected synergies, assembled workforce and other strategic benefits.
Gray Media, Inc. completed a private placement of $70.0 million of 7.250% Senior Secured First Lien Notes due 2033. The notes, issued at par plus accrued interest, form a single series with $775.0 million of existing notes, bringing total notes outstanding to $845.0 million.
Gray used the proceeds to pay $40.0 million of the $50.0 million purchase price for six American Spirit Media television stations and to repurchase 50,000 shares of Series A Perpetual Preferred Stock with a $50.0 million liquidation preference for $30.0 million plus accrued dividends. After these steps, 600,000 Series A shares with a $600.0 million liquidation preference remain outstanding.
Gray Media, Inc. completed its previously announced acquisition of television stations from Allen Media Group for a total purchase price of $171 million plus working capital adjustments, funded with cash on hand.
The company first acquired the “Allen 3” stations on March 27, 2026 for $56 million, then closed on additional stations in seven overlap markets on May 1, 2026 for $115 million. These Allen Media Stations expand Gray’s footprint into new and overlapping markets while adding multiple ABC, CBS, FOX, NBC and independent affiliates.
Gray obtained from the SEC, under Rule 3-13 of Regulation S-X, a waiver from providing full Rule 3-05 financial statements and Article 11 pro forma information for the acquired stations. Instead, it will file an audited Statement of Assets Acquired and Liabilities Assumed no later than 71 days after the required filing date.
Gray Media, Inc. filed a current report stating that beginning on May 7, 2026, the company intends to hold periodic meetings and presentations with prospective investors. The company has prepared an investor presentation, included as Exhibit 99.1, which contains slides that may be used or referenced in these meetings. The disclosure is furnished under Regulation FD, meaning it is not deemed filed for liability purposes under Section 18 of the Exchange Act and is not automatically incorporated into other securities filings unless specifically referenced.
Gray Media, Inc. announced that its Board of Directors has authorized a quarterly cash dividend of $0.08 per share on both its common stock and Class A common stock. The dividend will be paid on June 30, 2026 to shareholders of record as of the close of business on June 15, 2026.
Gray describes itself as a multimedia company headquartered in Atlanta, operating top-rated local television stations and digital assets in 120 full-power television markets, reaching approximately 37% of U.S. television households.
Gray Media, Inc. reported first quarter 2026 revenue of $768 million, down 2% from $782 million a year earlier, as lower retransmission revenue offset stronger political advertising.
The company posted a net loss of $20 million, compared with a $9 million loss, while Adjusted EBITDA declined 4% to $154 million. Core advertising rose modestly to $352 million, up 2%, and political advertising more than doubled to $30 million, up 131%. Retransmission consent revenue fell 11% to $339 million, and net retransmission revenue slipped 3% to $142 million, reflecting a recently resolved dispute with a distribution partner.
Gray ended March 31, 2026 with $259 million of cash and total debt principal of $5.81 billion, for Consolidated Total Net Debt of $5.56 billion and a Consolidated Total Net Leverage Ratio of 5.94. For the second quarter of 2026, management guides total revenue to $780–$800 million, political advertising of $60–$70 million, net retransmission revenue of $141–$143 million, and broadcasting expenses of $545–$550 million. Full‑year 2026 guidance includes interest expense of $440 million and capital expenditures of $140 million.
Gray Media, Inc. reported the results of its 2026 Annual Meeting of Shareholders held on May 6, 2026. Shareholders elected all nominated directors to serve until the 2027 annual meeting or until successors are elected and qualified.
Shareholders also approved, on a non-binding advisory basis, the compensation of the company’s named executive officers and ratified the appointment of RSM US LLP as Gray Media’s independent registered public accounting firm for 2026.
Gray Media, Inc. amended and restated its Senior Credit Facility through a sixth amendment without changing total revolving commitments, term loan principal amounts, or stated maturities, and without incurring new borrowings.
The Revolving Credit Facility now bears interest at Term SOFR plus a margin of 1.75%–2.75% or the Base Rate plus 0.75%–1.75%, depending on a Consolidated First Lien Net Leverage Ratio. Term D and Term F Loans carry higher fixed margins, and required quarterly principal payments of $3.750 million and $1.250 million, respectively, have already been prepaid. Gray Media has also notified lenders it intends to repay the remaining $10 million Term F Loan principal on April 2, 2026, while maintaining existing collateral and covenant structures.
Gray Media, Inc. filed a current report stating that, beginning on February 26, 2026, the company intends to meet periodically and make presentations to prospective investors. These meetings will use or reference an investor slide presentation included as Exhibit 99.1.
The company notes that the information in this investor presentation is being furnished under Regulation FD and is not considered filed for liability purposes under the Exchange Act or automatically incorporated into Securities Act filings unless specifically referenced.
Gray Media, Inc. announced that its Board of Directors has authorized a quarterly cash dividend of $0.08 per share on its common stock and Class A common stock. The dividend will be paid on March 31, 2026, to shareholders of record as of March 13, 2026.
Gray describes itself as a multimedia company headquartered in Atlanta and the nation’s largest owner of top-rated local television stations and digital assets, serving 114 full-power television markets that collectively reach about 37% of U.S. television households.
Gray Media, Inc. reported weaker 2025 results, swinging to a net loss despite meeting and exceeding guidance in key areas. For the fourth quarter ended December 31, 2025, total revenue was $792 million, down from $1.045 billion a year earlier, as political advertising dropped sharply following the 2024 elections. Full-year 2025 revenue was $3.095 billion versus $3.644 billion, a decline of 15%, and net loss was $85 million compared with net income of $375 million in 2024.
Adjusted EBITDA, a non-GAAP profit measure, fell to $179 million in the fourth quarter from $402 million, and to $670 million for the year from $1.162 billion. Management highlighted cost controls, including a 3% reduction in full-year broadcasting expenses, and slightly higher quarterly Net Retransmission Revenue of $134 million. Debt remained high but was reshaped: total outstanding principal was $5.81 billion at year-end, with no maturities before 2028, and the leverage ratio under its credit agreement was 5.80 times, within covenant limits.
Gray Media, Inc. plans to redeem all of its 5.875% senior notes due 2026 on January 20, 2026. These 2026 notes will be redeemed at 100% of their principal amount, plus any accrued and unpaid interest up to the redemption date.
The company has issued a formal notice of redemption to holders of the 2026 notes. It also states that this disclosure does not constitute an offer to purchase, a notice of redemption, or a solicitation of an offer to purchase any of the 2026 notes.
Gray Media, Inc. has issued $250,000,000 of 9.625% Senior Secured Second Lien Notes due 2032 to accredited investors under a supplemental indenture to its existing 2032 notes. The notes were sold at 102.000% of par plus accrued interest and form a single series, with identical terms, to the existing $900,000,000 9.625% Senior Secured Second Lien Notes issued in July 2025.
Gray plans to use the net proceeds to redeem a portion of its outstanding 10.500% Senior Secured First Lien Notes due 2029, pay related fees and expenses, and for general corporate purposes. The notes are senior secured second lien obligations, bear interest from July 18, 2025, payable semiannually on January 15 and July 15, and mature on July 15, 2032, with various optional redemption features and customary covenants and events of default.
Gray Media, Inc. is raising new debt and refinancing existing notes. The company agreed to privately place $250 million of 9.625% Senior Secured Second Lien Notes due 2032, issued at 102.000% of par, as additional notes under its existing 9.625% second lien series first issued in July 2025. These Additional Notes rank equally with the currently outstanding 9.625% Senior Secured Second Lien Notes and have substantially identical terms.
Gray plans to use the net proceeds to redeem part of its higher-coupon 10.500% Senior Secured First Lien Notes due 2029, pay transaction fees and expenses, and for general corporate purposes. The company has issued a conditional notice to redeem $125 million of the 2029 Notes on December 19, 2025 at 103.000% of principal plus accrued and unpaid interest, with the redemption conditional on receiving proceeds from the new Additional Notes.
Gray Media, Inc. (NYSE: GTN, GTN.A) furnished an 8-K to share investor presentation materials. Beginning on November 7, 2025, the company intends to meet and present to prospective investors, with the slide deck provided as Exhibit 99.1. The materials are furnished under Item 7.01 and are not deemed filed under the Exchange Act or incorporated into Securities Act filings unless specifically referenced.
Gray Media, Inc. (GTN) reported a routine corporate action. The Board authorized a quarterly cash dividend of $0.08 per share on its common stock and Class A common stock. The dividend is payable on December 31, 2025 to shareholders of record at the close of business on December 15, 2025.
This announcement, disclosed under Item 8.01 (Other Events), confirms cash returns to shareholders on both listed classes (GTN and GTN.A) without changing capital structure details or guidance.
Gray Media, Inc. (NYSE: GTN, GTN.A) furnished a Form 8‑K announcing it issued a press release with financial results for the three- and nine‑month periods ended September 30, 2025.
The press release is included as Exhibit 99.1. The information under Item 2.02 is being furnished and is not deemed filed under the Exchange Act, nor incorporated by reference under the Securities Act except as specifically referenced.
Gray Media, Inc. submitted a Current Report disclosing that it added investor-facing materials as exhibits, specifically Exhibit 99.1: Prospective Investor Meeting Slides and an interactive cover page (Exhibit 104). The report identifies the company's publicly traded classes as GTN.A and GTN on the New York Stock Exchange. The filing provides no operational results, transaction details, or financial tables; it appears focused on making investor presentation materials formally available to the market.
Gray Media, Inc. (NYSE: GTN, GTN.A) filed an 8-K to report that its Board of Directors declared a quarterly cash dividend of $0.08 per share on both its Class A and common stock.
- Payable date: September 30, 2025
- Record date: September 15, 2025
- The announcement was issued via press release (Exhibit 99.1) and is incorporated by reference.
No other material events, financial results, or transactions were disclosed in this filing.
On August 8, 2025, Gray Media, Inc. furnished a Form 8-K stating that it issued a press release reporting the company’s financial results for the three- and six-month periods and the year ended June 30, 2025. The press release is attached as Exhibit 99.1, and the filing also references a Cover Page Interactive Data File (104) embedded within the Inline XBRL document. The company specifies that the information is being furnished and shall not be deemed “filed” for purposes of Section 18 of the Exchange Act.
The Form 8-K is signed by Jeffrey R. Gignac, Executive Vice President and Chief Financial Officer, dated August 8, 2025. The 8-K notifies investors that the press release contains the announced financial results but does not itself present those financial results within the body of the filing.
Gray Media, Inc. (NYSE: GTN) filed an 8-K dated July 8, 2025 disclosing two material matters:
- Item 2.02 – Guidance Update: The company issued a press release (Exhibit 99.1) providing updated financial guidance for the quarter ended June 30, 2025. Specific revenue, EBITDA or EPS figures were not included in the 8-K; investors must refer to the accompanying press release for details.
- Item 8.01 – Capital Structure Actions: The company launched an offering of $750 million senior secured second-lien notes due 2032 (Rule 144A/Reg S). Along with borrowings under its revolving credit facility, proceeds will be used to: (i) redeem 100% of its outstanding 7.00% senior notes due 2027; (ii) repay a portion of Term Loan F maturing 2029; and (iii) cover related fees and expenses.
Concurrently, Gray Media issued a conditional notice of redemption for the 2027 notes, targeting a July 18, 2025 redemption date at par plus accrued interest, subject to successful completion of the new notes offering.
No offer or sale of the new notes is being made via this filing; the instruments remain unregistered under the Securities Act. Exhibits 99.1 and 99.2 contain the full guidance update and launch details, respectively.