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. Read More
ATLANTA, Sept. 12, 2025 (GLOBE NEWSWIRE) -- Local News Live, Gray Media’s 24-hour national digital news network, is set to premiere a new uplifting weekly program, The Good Side, on September 13th. The Good Side will air every weekend on Gray stations nationwide and on Local News Live at 12pm ET Saturdays and Sundays.
When Wall Street turns bearish on a stock, it’s worth paying attention.
These calls stand out because analysts rarely issue grim ratings on companies for fear their firms will lose out in other business lines such as M&A advisory.
A number of stocks fell in the afternoon session after markets pulled back, reversing early gains, as investor sentiment remained cautious despite a softer-than-expected inflation reading.
A number of stocks fell in the afternoon session after a significant downward revision of U.S. job creation data raised concerns about the health of the economy.
ATLANTA, Sept. 08, 2025 (GLOBE NEWSWIRE) -- InvestigateTV+, Gray Media’s national investigative program, is set to premiere its third season on Monday, September 8th, bringing viewers a fresh slate of episodes uncovering critical issues and providing tangible solutions. InvestigateTV+ airs weekdays in all 113 Gray markets and has expanded its reach into numerous non-Gray markets, cleared in more than 70% of the U.S. daily.
ATLANTA, Aug. 25, 2025 (GLOBE NEWSWIRE) -- InvestigateTV, Gray Media’s award-winning national investigative team, and Gray stations today launched a new multiplatform investigative project to educate viewers about the unseen ways artificial intelligence is impacting various parts of their everyday lives. The project, “Manipulated: A Disinformation Nation,” brings together InvestigateTV’s national unit and Gray’s local newsrooms to explore how AI is already shaping what people see online and how audiences can protect themselves. Stories will air across InvestigateTV’s free streaming apps, on investigatetv.com, and on Gray news platforms nationwide.
ATLANTA, Aug. 22, 2025 (GLOBE NEWSWIRE) -- Gray Media is proud to announce two historic achievements for television stations broadcasting in the ATSC 3.0 (NEXTGEN TV) format.
ATLANTA, Aug. 21, 2025 (GLOBE NEWSWIRE) -- Gray Media today announced a new, cutting-edge video streaming deal for a full end-to-end solution on Google Cloud, powered by Quickplay, that will redefine the streaming experience for viewers. This partnership combines the power of Google Cloud's AI infrastructure with Quickplay’s flexible, cloud-native platform to deliver deeply personalized viewing experiences. By harnessing real-time data and advanced machine learning, Gray will transform how content is delivered and consumed, establishing a new benchmark for the media and entertainment industry.
While strong cash flow is a key indicator of stability, it doesn’t always translate to superior returns.
Some cash-heavy businesses struggle with inefficient spending, slowing demand, or weak competitive positioning.
In a landmark move set to reshape the American broadcast television landscape, Nexstar Media Group (NASDAQ: NXST) has announced its definitive agreement to acquire Tegna Inc. (NYSE: TGNA), a prominent owner of television stations, for $22.00 per share in an all-cash transaction. This colossal deal, valued at approximately $6.
ATLANTA, Aug. 18, 2025 (GLOBE NEWSWIRE) -- Gray Media announced today that the Radio Television Digital News Association (RTDNA) awarded 10 National Edward R. Murrow Awards for excellence in journalism to seven of its local stations. This represents a record number of National Murrow Awards for Gray in a single year and the most wins by any broadcast television group this year.
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.
ATLANTA, Aug. 15, 2025 (GLOBE NEWSWIRE) -- Gray Media has promoted Bob Kroeger Chief Technology Officer for the company, effective immediately. Bob has served as Chief Information Officer for both Gray and Raycom Media. He succeeds David Burke, who retired on July 31 and will continue advising Gray through the end of the year.
Small-cap stocks in the Russell 2000 (^RUT) can be a goldmine for investors looking beyond the usual large-cap names.
But with less stability and fewer resources than their bigger counterparts, these companies face steeper challenges in scaling their businesses.
Consumer discretionary businesses are levered to the highs and lows of economic cycles. This sensitive demand profile can cause discretionary stocks to plummet when macro uncertainty enters the fray,
and over the past six months, the industry has shed 4.1%. This drop was disappointing since the S&P 500 climbed 5.4%.
A number of stocks jumped in the afternoon session after the latest Consumer Price Index (CPI) report showed inflation holding steady, bolstering investor optimism for a potential interest rate cut by the Federal Reserve. The data, which revealed that inflation remained at 2.7% for the year ending in July, was seen as a positive sign by investors. This stability increases the likelihood that the Federal Reserve might lower interest rates at its upcoming September meeting. Lower interest rates can stimulate the economy by making borrowing cheaper for both consumers and businesses, which often translates into higher consumer spending. This is particularly beneficial for the Consumer Discretionary sector, which includes companies selling non-essential goods and services like apparel, travel, and electronics.
Shares of local television broadcasting and media company Gray Television (NYSE:GTN)
jumped 19.4% in the morning session after multiple analysts raised their price targets on the stock, citing benefits from recent acquisitions and improvements to the company's balance sheet. The positive sentiment from Wall Street came from at least two firms. Benchmark raised its price target significantly to $9.00 from $7.00, maintaining a Buy rating. The firm's analyst noted that Gray's recent refinancing has 'completely revitalized' its balance sheet and that recent acquisitions were 'massively accretive and deleveraging.' Similarly, Wells Fargo increased its price target to $5.00 from $4.50, citing future benefits from deleveraging and free cash flow accretion tied to the company's mergers and acquisitions strategy. These upgrades followed Gray's announcement on August 8th that it would acquire television stations in ten markets from Allen Media Group.
