Gray Television is a media company that focuses on the acquisition and operation of television stations across the United States
The company owns and operates numerous network-affiliated stations, producing and broadcasting a variety of local news, entertainment programming, and informational content. Gray Television emphasizes localism and community engagement, striving to provide relevant news and services tailored to the unique needs of the regions they serve. In addition to television operations, the company is also involved in digital and online media initiatives, further extending its reach and enhancing its presence in the evolving media landscape.
ATLANTA, March 04, 2025 (GLOBE NEWSWIRE) -- Gray Media has named Ellenann Yelverton as its General Counsel. Since the closing of the Gray/Raycom Media merger in 2019, Ellenann has overseen the company’s legal matters for its operating divisions as our Deputy General Counsel. Prior to the merger, she served as Raycom’s General Counsel and managed a host of legal matters for the company across a wide range of disciplines and through numerous acquisitions of television stations and related businesses.
Local television broadcasting and media company Gray Television (NYSEGTN) reported Q4 CY2024 results exceeding the market’s revenue expectations, with sales up 20.9% year on year to $1.05 billion. On the other hand, next quarter’s revenue guidance of $769.5 million was less impressive, coming in 3.7% below analysts’ estimates. Its GAAP profit of $1.59 per share was 25.7% above analysts’ consensus estimates.
ATLANTA, Feb. 27, 2025 (GLOBE NEWSWIRE) -- The Memphis Grizzlies, Gray Media, and FanDuel Sports Network will simulcast five upcoming Grizzlies games this season that will be broadcast in Tennessee’s three largest media markets, Memphis, Nashville, and Knoxville. This partnership will provide fans with a variety of options to watch and cheer on Tennessee’s only NBA franchise, the Memphis Grizzlies, including free, over-the-air broadcast television.
ATLANTA, Feb. 27, 2025 (GLOBE NEWSWIRE) -- Gray Media, Inc. (“Gray”) (NYSEGTN) announced today that its Board of Directors has authorized a quarterly cash dividend of $0.08 per share of its common stock and Class A common stock. The dividend is payable on March 31, 2025, to shareholders of record at the close of business on March 14, 2025.
Local television broadcasting and media company Gray Television (NYSEGTN)
will be reporting results tomorrow before market hours. Here’s what to look for.
Most consumer discretionary businesses succeed or fail based on the broader economy. Lately, it seems like demand trends have worked in their favor as the industry has returned 15.5% over the past six months,
outpacing S&P 500 by 6.6 percentage points.
ATLANTA, Feb. 14, 2025 (GLOBE NEWSWIRE) -- Gray Media has named Blake Sebo as the next General Manager of KTUU and KYES, Gray’s NBC and CBS affiliates in Anchorage, Alaska.
Gray will be the Official Broadcast Partner of the Dream, Peachtree TV and Peachtree Sports Network to air Dream games and additional content across the region
ATLANTA, Feb. 07, 2025 (GLOBE NEWSWIRE) -- Gray Media will broadcast Super Bowl LIX using High Dynamic Range (HDR) at all their NEXTGEN TV FOX affiliates, allowing viewers in eight markets to watch the biggest game of the year with improved contrast between the brightest and darkest colors on the screen.
ATLANTA, Feb. 04, 2025 (GLOBE NEWSWIRE) -- Gray Media has renewed its daily, 30-minute news magazine InvestigateTV+ for a third season. The renewal naturally followed from continued ratings growth for the program in its second season, including weekly cumulative reach with Adults 18+ is up 5.7% in the first 18 weeks of the 2024-2025 season compared to the same period in 2023-2024 according to Nielsen. Gray also renewed the weekend edition of the show, InvestigateTV+ Weekend, for 2025-2026, its fifth season.
ATLANTA, Jan. 31, 2025 (GLOBE NEWSWIRE) -- Gray Media, Inc. (NYSEGTN) announced today the promotion of Pamela Biddle to the position of Vice President/General Manager of WTVM, the ABC affiliate in Columbus, Georgia, effective February 3, 2025.
ATLANTA, Jan. 22, 2025 (GLOBE NEWSWIRE) -- Gray Media, Inc. (NYSEGTN) today announced that it will release its earnings results for the quarter ended December 31, 2024 on Thursday, February 27, 2025.
ATLANTA, Jan. 21, 2025 (GLOBE NEWSWIRE) -- The Cleveland Cavaliers, Rock Entertainment Sports Network, Gray Media, and FanDuel Sports Network will simulcast five upcoming Cavaliers games, giving fans across Northeast Ohio a variety of options to watch at no additional cost to fans. This season’s five-game slate will be available for local over-the-air distribution as part of the NBA’s agreement with Main Street Sports Group (formerly Diamond Sports Group), the owner of FanDuel Sports Network Ohio.
What a brutal six months it’s been for Gray Television. The stock has dropped 34.1% and now trades at $3.37, rattling many shareholders. This was partly due to its softer quarterly results and may have investors wondering how to approach the situation.
ATLANTA, Jan. 09, 2025 (GLOBE NEWSWIRE) -- Gray Media (NYSEGTN) today announced that following an investigation by Gray’s InvestigateTV and Atlanta News First Investigates, the U.S. Department of Justice (DOJ) ended a nationwide search program that seized untold millions in cash from airline passengers without arrests.
Quarterly earnings results are a good time to check in on a company’s progress, especially compared to its peers in the same sector. Today we are looking at E.W. Scripps (NASDAQSSP) and the best and worst performers in the broadcasting industry.
