Gray Media Inc. (GTN) is Attracting Investor Attention: Here is What You Should Know
Gray Media Inc. (GTN) is drawing investor attention, with its stock returning +2% over the past month, outperforming the S&P 500's -1.7% change and its industry's 6% loss. Despite this, the company holds a Zacks Rank #4 (Sell) due to earnings estimate revisions. While revenue growth is projected upwards for the current and next fiscal years, the consensus EPS estimate for the next fiscal year indicates a significant decrease.
NewsChannel 6 KAUZ Wichita Falls purchased by Gray Media
Gray Media, Inc. has acquired six television stations from American Spirit Media, LLC for $50 million, including NewsChannel 6 KAUZ in Wichita Falls, Texas. This acquisition builds on existing relationships where Gray already provided back-office services and local news content for some of these stations. The deal is being completed in two phases, with the final phase awaiting regulatory approvals.
Gray Media Agrees to Acquire Six Television Stations From American Spirit Media for $50 Million
Gray Media has announced an agreement to acquire six television stations from American Spirit Media for a cash purchase price of $50 million. The transaction is expected to close in the third quarter of 2026, subject to regulatory approvals. This acquisition will expand Gray Media's market presence and portfolio of local television stations.
Gray Media Agrees to Purchase American Spirit Media’s Television Stations
Gray Media has agreed to acquire six television stations from American Spirit Media for $50 million. The company has already completed the first closing of the transaction, funding it with proceeds from a private placement of senior secured notes. Gray expects the acquisition to be cash flow accretive and to strengthen its local presence by creating two-station footprints in attractive markets.
Why Gray Television (GTN) Stock Is Up Today
Gray Television's stock rose 2.8% after the company raised $70 million through an offering of Senior Secured First Lien Notes. These funds were used to acquire six television stations for $40 million and repurchase $30 million in preferred stock. The company stated these actions are expected to be cash flow accretive and will not increase its leverage ratio, which investors viewed positively.
Gray Media Agrees to Purchase American Spirit Media’s Television Stations
Gray Media has reached an agreement to acquire American Spirit Media's six television stations for $50 million. The acquisition will expand Gray Media's local presence and scale, including establishing two-station footprints in attractive markets, and is expected to be cash flow accretive. The transaction involves two closings, with the first already completed for $40 million, funded by a private placement of senior secured notes.
Gray Media to Buy American Spirit Media’s TV Stations
Gray Media, Inc. has announced the acquisition of American Spirit Media, LLC's six television stations for $50 million. The deal leverages existing relationships, as Gray has provided various services to these stations for over a decade. The first phase of the acquisition has been completed, with Gray paying $40 million, funded by a private placement of senior secured notes.
Gray Media agrees to purchase American Spirit Media’s television stations
Gray Media, Inc. has announced an agreement to acquire six television stations from American Spirit Media, LLC for $50 million. Gray Media has historically provided back-office and local news services to five of these stations, and the acquisition aims to strengthen their local presence and expand scale. The transaction is expected to be cash flow accretive and will not increase the company's Consolidated Total Net Leverage Ratio.
Gray Media (NYSE: GTN) adds $70M notes for TV station buy and $50M preferred stock redemption
Gray Media, Inc. (NYSE: GTN) completed a private placement of $70 million in senior secured notes. The proceeds were used to fund a $40 million initial payment for the acquisition of six American Spirit Media television stations and to repurchase $50 million liquidation preference of its Series A Perpetual Preferred Stock for $30 million. These transactions are expected to be cash flow accretive and maintain the company's Consolidated Total Net Leverage Ratio.
Gray Media Agrees to Purchase American Spirit Media’s Television Stations
Gray Media, Inc. has reached an agreement to acquire six television stations from American Spirit Media, LLC for $50 million. The transaction involves two closings, with the first already completed, through which Gray Media gained limited local management responsibility for the stations. Gray Media plans to integrate these stations, leveraging its news, sales, and sports strategies, aiming for a cash flow accretive acquisition without increasing its consolidated total net leverage ratio.
Gray Media Buying Six American Spirit Media Stations
Gray Media has agreed to acquire six television stations from American Spirit Media for $50 million, including five Fox affiliates and one CBS affiliate. Gray will leverage this "tuck-in" acquisition to strengthen its local presence, create two-station footprints in some markets, and expects the deal to be cash flow accretive without increasing its consolidated total net leverage ratio. The acquisition will be completed in two closings, with the first $40 million already paid.
Gray Media pays $40M now for six TV stations, with $10M left
Gray Media (NYSE: GTN) has agreed to acquire six television stations from American Spirit Media for a total of $50 million. The company completed the first closing by paying $40 million, funded through a $70 million private placement of senior secured notes. The remaining $10 million will be paid in Q4 2026 after regulatory approvals, with Gray anticipating the deal to be cash flow accretive and not increase its net leverage ratio.
Gray Media Completes Offering of $70 Million of Additional
Gray Media, Inc. has successfully closed a private placement offering of $70 million in additional 7.250% Senior Secured First Lien Notes due 2033. The proceeds were utilized to fund a $40 million acquisition for its American Spirit Media, LLC transaction and to repurchase $50 million of Series A Preferred Stock for $30 million. Following these transactions, Gray Media now has $845 million outstanding in these notes and 600,000 shares of Series A Preferred Stock.
Gray Media agrees to purchase WDBD Fox 40, American Spirit Media’s Television Stations
Gray Media, Inc. has announced an agreement to acquire American Spirit Media, LLC's six television stations for $50 million, including WDBD Fox 40 in Jackson. Gray has historically provided back-office services and local news to many of these stations and plans to leverage its strategies for the benefit of the communities. The first of two closings completed, involving a $40 million payment funded by a private placement of senior secured notes.
(GTN.A) and the Role of Price-Sensitive Allocations
This article provides an analysis of Gray Television Inc. Class A (NASDAQ: GTN.A), highlighting weak near and mid-term sentiment and a neutral long-term outlook. It details AI-generated trading strategies for different risk profiles, including position, momentum breakout, and risk hedging, along with multi-timeframe signal analysis. The report also offers support and resistance levels for various time horizons.
Gray Television shares, Monday calendar focus
Gray Television Inc (GTN) starts the week with a focus on its U.S. broadcasting business, with investors watching its upcoming earnings and comparisons to peers like Fox, Sinclair, and Nexstar. The article highlights the importance of advertising demand, retransmission fees, and local-news inventory for media stocks. GTN shares last traded at $4.82 on the New York market.
Gray Media Names Annie Cordell General Manager of WMBF
Gray Media has appointed Annie Cordell as the new General Manager of WMBF, the NBC affiliate in Myrtle Beach and Florence, South Carolina, effective July 13. Cordell previously served as vice president of sales and director of digital for Bahakel Digital and WCCB, and brings extensive experience in broadcast television sales, management, and digital media to her new role. She is a graduate of Goucher College with degrees in Business and Communications.
Gray Media Names Annie Cordell General Manager of WMBF
Gray Media has appointed Annie Cordell as the new General Manager of WMBF, the NBC affiliate for Myrtle Beach and Florence, South Carolina, effective July 13. Cordell previously served as vice president of sales and director of digital for Bahakel Digital and WCCB in Charlotte, North Carolina. Her extensive career includes broadcast television sales, management, and digital media across various affiliations.
Gray Media picks Annie Cordell to run WMBF in Myrtle Beach
Gray Media (NYSE: GTN) has appointed Annie Cordell as the new General Manager of WMBF, the NBC affiliate in Myrtle Beach-Florence, South Carolina, effective July 13, 2026. Cordell brings extensive experience in broadcast sales, station management, and digital media, having previously served leadership roles at Bahakel Digital and WCCB in Charlotte. Following this announcement, Gray Media's stock (GTN) saw a positive market reaction, increasing by 7.61%.
The LocalX app from Gray Television Inc. - local news streaming built for cord-cutters
Gray Television Inc. has launched LocalX, a free streaming app designed for cord-cutters who want access to local news and weather from Gray's stations without a cable subscription. The app aggregates live newscasts, severe weather coverage, and breaking alerts, offering a TV-like layout on smart TVs and a responsive experience on mobile. LocalX is a key part of Gray Television's strategy to expand into direct-to-consumer streaming and strengthen viewer engagement with its local newsrooms.
Gray Media Launches Political 360 Digital Advertising Solution
Gray Media has introduced Political 360, a new digital advertising solution aimed at the growing political ad spending market. Powered by Aristotle's political data and analytics, the platform helps candidates and advocacy groups target voters more precisely across digital channels. This initiative leverages Gray's local market presence with Aristotle's voter intelligence to enhance campaign efficiency and reduce wasted impressions, particularly in what is projected to be a record-breaking election year.
Gray Media launches political ad platform with Aristotle data By Investing.com
Gray Media Inc. has introduced Political 360, a new digital advertising platform for political campaigns, leveraging data from Aristotle, a prominent political data and analytics provider. This initiative aims to expand Gray Media's digital revenue streams by offering targeted advertising solutions to political entities. The platform integrates Aristotle's extensive voter and consumer databases to help campaigns reach specific voter segments through digital channels, operating in 78 markets across the U.S.
Gray Media Launches Political 360 Digital Advertising Solution Powered by Aristotle Data
Gray Media has launched an enhanced political digital advertising solution called Political 360, powered by Aristotle's political and consumer data. This solution aims to provide candidates and advocacy groups with more precise voter targeting across digital channels by leveraging Aristotle's National Voter File and National Consumer File. The collaboration combines Gray's local market strength with Aristotle's data to improve campaign efficiency and reach the right constituents with tailored messages.
Why Gray Television’s Local News Live app quietly changes channel-surfing habits
Gray Television's "Local News Live" app offers a free, ad-supported streaming service that bundles live local newscasts, alerts, and on-demand clips from its numerous US stations into a single interface. This helps cord-cutters access local weather, traffic, and politics in a streamlined manner. The app leverages Gray's extensive network of local stations, providing a continuous 24/7 stream and offering a digital-first experience that reuses existing content and talent.
Gray Media launches political ad platform with Aristotle data
Gray Media Inc. has introduced Political 360, a new digital advertising platform designed for political campaigns, incorporating comprehensive voter and consumer data from Aristotle. This platform aims to help campaigns target specific voter segments more effectively through digital channels, leveraging Aristotle's National Voter File and National Consumer File. This initiative represents Gray Media's strategic shift toward expanding its digital revenue streams and political advertising services beyond traditional broadcast offerings.
Gray Media Launches Political 360 Digital Advertising Solution Powered by Aristotle Data
Gray Media has launched an enhanced Political 360 digital advertising solution, powered by Aristotle's political and consumer data. This new offering aims to provide candidates and advocacy groups with more precise voter targeting across digital channels. The solution leverages Aristotle's National Voter File and National Consumer File to improve campaign efficiency and engagement with specific voter segments.
Gray Media uses voter data to target political ads more precisely
Gray Media (NYSE: GTN) has launched "Political 360," an enhanced digital advertising solution that leverages Aristotle's extensive political and consumer databases. This platform aims to help political campaigns target specific voter segments more precisely, reducing wasted impressions and improving efficiency across various digital channels. The solution integrates Aristotle's National Voter File (235 million registered voters) and National Consumer File (267 million consumer records) to enable data-driven targeting for candidates, issue campaigns, and advocacy organizations.
Surprisingly capable for local broadcasters: Gray TV’s GTN ad-sales platform explained
Gray Television's GTN platform serves as a crucial ad-sales engine for numerous US local broadcasters, evolving from a national rep firm into a data-driven marketplace. It aggregates linear and digital inventory from Gray-owned and partner stations, enabling unified proposals for national agencies. GTN's role is particularly significant in political advertising cycles and for expanding digital video and CTV offerings, enhancing monetization for local stations.
Gray Announces Plans to Expand Lansing, Mich. Broadcast HQ
Gray Media is expanding and renovating its Lansing, Michigan broadcast facility, which currently houses WILX News 10, to also accommodate WSYM Fox 47, a recently acquired station. The project will combine NBC and Fox operations, creating a modern, 30,000-square-foot media center designed to support multiplatform content creation and flexible production capabilities. The expansion is expected to be completed in December 2027 and represents Gray Media's commitment to local journalism and the Lansing community.
Gray Local Media finalizes purchase of Lima TV stations
Gray Local Media has completed its acquisition of Lima's television stations, including ABC, CBS, Fox, and NBC affiliates, from Lima Communications Corporation. The purchase, which involved a $546,700 property closing for the station on Rice Ave., was part of an $80 million deal announced in August 2025 to acquire stations in Lima, Louisville, and Decatur, Illinois. The property transaction was officially recorded by the Allen County Recorder’s Office.
Gray Media Inc. (NYSE:GTN) Receives Consensus Recommendation of "Hold" from Analysts
Gray Media Inc. (NYSE:GTN) has received a consensus "Hold" rating from six brokerages, with an average 12-month target price of $7.88. The company's Q1 earnings missed expectations with an EPS of -$0.34, although revenue was in line at $768 million. Gray Media recently declared a quarterly dividend of $0.08 per share, resulting in an annualized dividend of $0.32 and a high yield of approximately 7.9%.
Gray Media's Local Playbook: Turning Community Trust into a Strategic Asset
Gray Media is leveraging a strategy of hyperlocal engagement and community problem-solving to differentiate itself in the fragmented media landscape. This approach has led to significant accolades, including four honors from the NABLF, recognizing its stations' deep community integration in addressing crises like domestic violence and natural disasters. By transforming local newsrooms into hubs for problem-solving and defending against misinformation, Gray Media is building brand loyalty and trust, which it sees as a sustainable competitive advantage and essential service.
Gray Media Stations and InvestigateTV Earn Four NAB Service to America Honors
Gray Media announced its stations and InvestigateTV received four NAB Service to America Honors for their community service and investigative journalism. KOLN 10/11 won for its domestic violence prevention project. Other honors recognized Gray Media's investigation into AI misinformation, WKYT's tornado coverage and relief efforts, and WJHG's breast cancer screening campaign.
Gray Media Stations and InvestigateTV Earn Four NAB Service to America Honors
Gray Media announced that its stations and InvestigateTV received four honors at the 2026 NAB Leadership Foundation's Service to America Awards, including one winner and three finalists. KOLN 10/11 won the Service to Community Award for its domestic violence prevention project. Other stations and InvestigateTV were recognized for investigative journalism, tornado coverage, and a breast cancer screening campaign.
Gray Media Lansing sets groundbreaking for studio, newscast expansion
Gray Media Lansing is holding a groundbreaking for a new 14,000 square foot facility expansion and renovation at its 500 American Road location on June 15, 2026. This project will consolidate NBC and Fox operations under the News 10 brand, creating a modern media center for multi-platform content creation and supporting community initiatives. The facility, expected to be completed in December 2027, signifies Gray Media's commitment to local journalism and the Lansing community.
Gray Television Inc stock (US3893751061): shares ease while market eyes next earnings date
Gray Television Inc (GTN) shares traded slightly lower after a weak first-quarter 2026 earnings report, missing analyst expectations with negative earnings per share. Investors are looking ahead to the next earnings date, estimated for mid-August 2026, as the stock trades below its average analyst price target. The company's performance highlights its reliance on advertising sales and the U.S. election cycle.
RTDNA Awards 93 Regional Edward R. Murrow Awards to 41 of Gray Media’s Television Stations
Gray Media announced that 41 of its local television stations received a total of 93 regional Edward R. Murrow Awards for journalistic excellence from the Radio Television Digital News Association (RTDNA). WVUE in New Orleans led with nine awards, followed by WMTV with six. These awards include top honors for Overall Excellence, Investigative Reporting, Digital media, Hard News, Podcasts, Excellence in Video, Continuing Coverage, and Excellence in Innovation.
RTDNA Awards 93 Regional Edward R. Murrow Awards to 41 of Gray Media’s Television Stations
Gray Media announced that 41 of its local television stations received a total of 93 regional Edward R. Murrow Awards for journalistic excellence from the RTDNA. WVUE in New Orleans received the most awards with nine, and several stations were recognized with top honors including Overall Excellence and awards for Investigative Reporting, Digital, and Hard News. These regional winners will now compete in the national round of the competition.
Q1 Rundown: Gray Television (NYSE:GTN) Vs Other Consumer Discretionary - Broadcasting Stocks
This article provides a Q1 rundown of consumer discretionary broadcasting stocks, focusing on Gray Television (NYSE:GTN) and comparing its performance to peers like FOX, iHeartMedia, AMC Networks, and Paramount. While the sector as a whole had a satisfactory Q1, Gray Television showed the weakest performance against analyst estimates. FOX, however, reported a strong quarter, outperforming expectations.
Gray Television Inc stock (US3893751061): NYSE price steadies as investors digest recent earnings an
Gray Television Inc. (GTN) stock traded around USD 4 on the NYSE on May 29, 2026, as investors considered its weak first-quarter earnings and a high dividend yield of approximately 7.7%. The company's shares remain near post-earnings levels, reflecting a negative price-to-earnings ratio and substantial balance-sheet risk. The future performance of GTN will depend on how its leverage, earnings recovery, and dividend policy evolve throughout 2026.
Q1 Rundown: Gray Television (NYSE:GTN) Vs Other Consumer Discretionary - Broadcasting Stocks
This article provides a Q1 2026 rundown of consumer discretionary broadcasting stocks, focusing on Gray Television (NYSE:GTN) compared to its peers. Gray Television reported inline revenues but missed EPS and adjusted operating income estimates, leading to a significant stock drop. The article also highlights FOX (NASDAQ:FOXA) as the best performer and iHeartMedia (NASDAQ:IHRT) as the weakest, while touching on market shifts from AI concerns to geopolitical risks.
Q1 Rundown: Gray Television (NYSE:GTN) Vs Other Consumer Discretionary - Broadcasting Stocks
This article analyzes the Q1 performance of consumer discretionary broadcasting stocks, focusing on Gray Television (GTN) and comparing it to peers like FOX, iHeartMedia, AMC Networks, and Paramount. It highlights GTN's soft quarter with revenue in line but significant misses on EPS and operating income, leading to a stock decline. In contrast, FOX demonstrated strong results by outperforming analyst expectations for revenues, EPS, and EBITDA.
Gray Television Inc stock (US3893751061): shares edge lower as investors await next catalysts
Gray Television Inc's shares saw a modest decline on the New York Stock Exchange on May 28, 2026, as investors assessed the recent Q1 2026 earnings report and awaited new catalysts. The company, focused on local television stations, is navigating a changing media landscape with ongoing shifts from traditional TV to streaming, emphasizing local content, advertising sales, and political advertising cycles as key revenue drivers.
Gray Television, Harley-Davidson, 1-800-FLOWERS, and Frontier Stocks Trade Down, What You Need To Know
Several consumer discretionary stocks, including Gray Television, Harley-Davidson, 1-800-FLOWERS, and Frontier, experienced a decline in trading due to persistent inflation concerns and slowing demand. The broader market correction particularly impacted the consumer discretionary sector, which is closely tied to economic cycles and sensitive to consumer spending. This drop also reflects investor worries about high energy costs and overall economic uncertainty.
Gray Media Names New Station General Managers
Gray Media has announced new General Manager appointments in Louisville, Kentucky, and Evansville, Indiana. Jay Hiett will now lead WDRB, WAVE, and WBKI in Louisville, while Jamie Bremer has been promoted to General Manager of WFIE in Evansville, replacing Hiett. Both Hiett and Bremer bring extensive experience in broadcast leadership and sales, respectively, to their new roles.
Gray Media (GTN) director reports 57,000-share sale to cover restricted stock taxes
Richard Lee Boger, a director at Gray Media (GTN), sold a total of 57,000 company shares on May 19, 2026. This transaction included 2,000 shares of Class A Common Stock at $10.12 per share and 55,000 shares of Common Stock at $4.19 per share. The sales, totaling approximately $250,690, were made to cover tax obligations arising from the vesting of restricted stock.
Gray Television, Harley-Davidson, 1-800-FLOWERS, and Frontier Stocks Trade Down, What You Need To Know
Several consumer discretionary stocks, including Gray Television, Harley-Davidson, 1-800-FLOWERS, and Frontier, experienced declines due to broader market sell-offs driven by inflation concerns and slowing demand. Investors are worried about persistent inflation and its impact on consumer spending, especially in non-essential sectors. The article highlights that despite recent volatility, such price drops can sometimes present buying opportunities for high-quality stocks.
Gray Television, Harley-Davidson, 1-800-FLOWERS, and Frontier Stocks Trade Down, What You Need To Know
Several consumer discretionary stocks, including Gray Television (GTN), Harley-Davidson (HOG), 1-800-FLOWERS (FLWS), and Frontier (ULCC), dropped in the afternoon trading session. This decline was attributed to broader market sell-offs, persistent inflation concerns, and worries about slowing consumer demand, particularly impacting companies reliant on non-essential purchases. The article highlights that these "big price drops can present good opportunities to buy high-quality stocks" for investors.
Gray Television, Harley-Davidson, 1-800-FLOWERS, and Frontier Stocks Trade Down, What You Need To Know
Several consumer discretionary stocks, including Gray Television, Harley-Davidson, 1-800-FLOWERS, and Frontier, experienced a decline following increased market pressure due to persistent inflation and concerns about slowing consumer demand. The consumer discretionary sector has been particularly impacted by high energy costs and reduced spending, with consumer sentiment hitting a record low. The article highlights 1-800-FLOWERS's volatility and its significant drop linked to surging Brent crude prices and eroding consumer confidence.
Gray Media: Jamie Bremer Named General Manager Of WFIE In Evansville
Jamie Bremer has been appointed General Manager of WFIE, the NBC affiliate in Evansville, Indiana, by Gray Media. Bremer, a 13-year veteran of WFIE, previously served as Director of Sales and was instrumental in driving revenue growth. She is also actively involved in the local community as the President of Tristate Senior Wishes and a youth soccer coach.
