Barrington Research downgraded Gray Television from Outperform to Mkt Perform

Wells Fargo downgraded Gray Television from Overweight to Underweight and set a new price target of $7.00 from $25.00 previously

Loop Capital reiterated coverage of Gray Television with a rating of Buy and set a new price target of $33.00 from $30.00 previously

Wells Fargo reiterated coverage of Gray Television with a rating of Overweight and set a new price target of $28.00 from $26.00 previously

Wells Fargo resumed coverage of Gray Television with a rating of Overweight and set a new price target of $26.00

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ATLANTA, Jan. 13, 2025 (GLOBE NEWSWIRE) -- Atlanta Braves fans will be able to watch more Spring Training action than ever before as the team makes ten Spring training games available across two dozen Gray Media stations, beginning with the February 27 game versus the Washington Nationals. As part of the Braves' new partnership with Gray Media announced last month, the ten Spring Training games will be exclusively broadcast on local television stations in 24 markets across the Southeast. The Gray schedule includes the second annual Major League Baseball Spring Breakout game, which will feature top prospects from the Braves and the Detroit Tigers on March 16. The Gray Media broadcast sch

ATLANTA, Jan. 09, 2025 (GLOBE NEWSWIRE) -- Gray Media (NYSE:GTN) 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. This unprecedented action by the DOJ is the result of the award-winning investigation, In Plane Sight which originally aired in September 2023 and led to multiple follow up reports through December 2024.   The DOJ ordered the Drug Enforcement Administration to stop searching innocent passengers at departure gates as a direct result of a video recorded by a traveler who sa

ATLANTA, Jan. 07, 2025 (GLOBE NEWSWIRE) --  Four of the nation's largest independent local broadcasting groups have come together to form EdgeBeam Wireless, LLC, a joint venture created to provide robust wireless data services to a wide range of businesses and industries across the country. The E.W. Scripps Company, Gray Media, Inc., Nexstar Media Group, Inc., and Sinclair, Inc. launched the new company ahead of meetings this week at the Consumer Electronics Show in Las Vegas. Leveraging broadcasters' uniquely efficient network architecture and the ATSC 3.0 transmission standard, EdgeBeam Wireless will provide expansive, reliable, and secure data delivery services. Using the broadcasters

ATLANTA, Jan. 07, 2025 (GLOBE NEWSWIRE) -- Gray Media (NYSE:GTN) is thrilled to announce the return of free NHL hockey broadcasts to the St. Louis market and various affiliate stations across the Midwest.   First Alert 4 (KMOV-TV) and its sister station, Matrix Midwest, are proud to partner with the St. Louis Blues to offer a series of games over-the-air during the stretch run of this season: February 22 vs Winnipeg, March 8 at Los Angeles, and March 25 vs. Montreal.   These games will be broadcast in an additional 10 Gray Media markets and Columbia, Missouri, covering more than 4.8 million television households.   This arrangement creates an opportunity for new groups of viewers in the M

ATLANTA, Jan. 03, 2025 (GLOBE NEWSWIRE) -- Gray Media, Inc. (NYSE:GTN) today announced the promotion of Alison Davis to the position of General Manager of WTOK, the ABC/CW/Telemundo affiliate in Meridian, Mississippi, effective January 6, 2025. She will retain her current position as Director of Sales for the station. Alison Davis has more than 30 years experience in media sales. After beginning her broadcast career as a local account executive in Fort Wayne, Indiana, she relocated to Indianapolis, Indiana, and held various sales positions at Comcast Spotlight and subsequently the local CBS and FOX affliliated local television station in sales management. "In my short time in Me

ATLANTA, Jan. 03, 2025 (GLOBE NEWSWIRE) -- Gray Media, Inc. (NYSE:GTN) has named Jacque Harms as the next General Manager of KKTV, the CBS affiliate in Colorado Springs, Colorado. Jacque Harms has more than 35 years of experience in the media business, most recently as the General Manager at WTOK-TV in Meridian, Mississippi, for the past four and a half years. Under her leadership, WTOK -TV was the Mississippi Association of Broadcasters Small Market Station of the Year in 2024 and a National Association of Broadcasters Service to America Finalist in 2021. Jacque is the recipient of multiple AP and MAB awards. Jacque's WTOK team raised the bar in digital storytelling, captivating

Atlanta, Dec. 31, 2024 (GLOBE NEWSWIRE) -- Gray Media (NYSE:GTN) today announced that longtime KTUU and KYES General Manager Nancy Johnson will retire on January 3, 2025.   Nancy joined KTUU, Gray's NBC affiliate in Anchorage, Alaska, in 1981. While at KTUU, she served in a variety of leadership roles including Director of Marketing, Programming Director, and General Sales Manager. During her tenure as General Manager, she facilitated the expansion of local news to more than 22 hours of content each week, encouraged the development and production of original programming, and crafted one of the most influential media organizations in Alaska.    Under her stewardship, Alaska's News Sour

ATLANTA, Dec. 30, 2024 (GLOBE NEWSWIRE) -- Gray Television, Inc. (NYSE:GTN) today announced that its Board of Directors has unanimously voted to change the company's name to Gray Media, Inc. effective as of 12:01 a.m. on January 1, 2025. The Board's action aligns the company's formal name with the widespread practice over the past few years of referring to the company as "Gray Media" or simply "Gray" both internally and externally. Executive Chairman, Hilton H. Howell, explained, "Over the past decade, Gray has grown into new geographic and business markets, while also expanding content and product offerings for our loyal viewers. Our reach has diversified beyond local media, and we're in

Atlanta, Dec. 30, 2024 (GLOBE NEWSWIRE) -- Gray Television, Inc. (NYSE:GTN) announced today that it has entered into agreements with The Walt Disney Company that extend and renew the network affiliations for all of Gray's ABC affiliated television stations across 25 markets through December 31, 2028. "We are pleased to announce the further extension of our decades-long relationship with Disney for ABC station affiliations," said Gray's President and Co-CEO, Pat LaPlatney. "These agreements recognize our ABC affiliates' commitment to public service and will help them continue to serve their communities." "Disney/ABC is incredibly proud of our long-established partnership with Gray to serv

ATLANTA, Dec. 18, 2024 (GLOBE NEWSWIRE) -- The Atlanta Braves (NASDAQ:BATRA, BATRK)) and Gray Media (NYSE:GTN) have agreed on a multi-year partnership starting in 2025 for Gray to simulcast 15 regular season games alongside FanDuel Sports Network, the Braves' rightsholder partner. The 15 regular season games will be spread across the season, and selected games will be announced at a later date.   Gray will also exclusively produce and air 10 spring training games. The deal will increase the reach of the selected games, providing a new way to watch Braves baseball for more than 15 million households. Gray will carry the Braves in 24 markets across six states of the Braves' home television

ATLANTA, Nov. 08, 2024 (GLOBE NEWSWIRE) -- Gray Television, Inc. ("Gray") (NYSE: GTN) 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 December 31, 2024, to shareholders of record at the close of business on December 13, 2024. About Gray Television: We are a multimedia company headquartered in Atlanta, Georgia. We are the nation's largest owner of top-rated local television stations and digital assets serving 113 television markets that collectively reach approximately 36 percent of US television households. The portfolio includes 77 markets with the top-rated t

ATLANTA, Nov. 08, 2024 (GLOBE NEWSWIRE) -- Gray Television, Inc. ("Gray," "Gray Media," "we," "us" or "our") (NYSE:GTN) today announced a strong third quarter ended September 30, 2024. Gray also projected full-year 2024 political advertising revenue of $500 million, as well as full-year 2024 Net Debt reduction of $500 million. SUMMARY OF THIRD QUARTER RESULTS OPERATING HIGHLIGHTS: Total revenue in the third quarter of 2024 was $950 million, an increase of 18% from the third quarter of 2023.Core advertising revenue in the third quarter of 2024 was $365 million, an increase of 1% from the third quarter of 2023.Retransmission consent revenue in the third quarter of 2024 was $369 million, a

ATLANTA, Oct. 09, 2024 (GLOBE NEWSWIRE) --  Gray Media (NYSE:GTN) today announced that it will release its earnings results for the quarter ended September 30, 2024 on Friday, November 8, 2024. Earnings Conference Call Information Gray Media will host a conference call to discuss its operating results for the quarter ended September 30, 2024 on Friday, November 8, 2024. The call will begin at 11:00 a.m. Eastern Time. The live dial-in number is 1-800-285-6670. The call will be webcast live and available for replay at www.graymedia.com. The taped replay of the conference call will be available at 1-888-556-3470 Passcode: 898476# until December 8, 2024. About Gray Media: Gray Media, or Gr

ATLANTA, Aug. 08, 2024 (GLOBE NEWSWIRE) -- Gray Television, Inc. ("Gray") (NYSE: GTN) 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 September 30, 2024, to shareholders of record at the close of business on September 13, 2024. About Gray Television: We are a multimedia company headquartered in Atlanta, Georgia. We are the nation's largest owner of top-rated local television stations and digital assets serving 113 television markets that collectively reach approximately 36 percent of US television households. The portfolio includes 77 markets with the top-r

ATLANTA, Aug. 08, 2024 (GLOBE NEWSWIRE) -- Gray Television, Inc. ("Gray Media," "Gray," "we," "us" or "our") (NYSE:GTN) today announced financial results for the second quarter ended June 30, 2024, including total revenue of $826 million and total operating expenses (before depreciation, amortization and loss on disposal of assets) of $607 million. While we are overall pleased with our results in the second quarter, macro-economic and other factors largely beyond our control appear likely to result in somewhat lower revenues for the year than we previously anticipated. Our core advertising revenue in the second quarter was $373 million, which was slightly below the low end of our guidance

ATLANTA, July 01, 2024 (GLOBE NEWSWIRE) -- Gray Television, Inc. (NYSE:GTN) today announced that it will release its earnings results for the quarter ended, June 30, 2024 on Thursday, August 8, 2024. Earnings Conference Call Information Gray Television, Inc. will host a conference call to discuss its operating results for the quarter ended June 30, 2024 on Thursday, August 8, 2024. The call will begin at 11:00 a.m. Eastern Time. The live dial-in number is 1-800-285-6670. The call will be webcast live and available for replay at www.graymedia.com. The taped replay of the conference call will be available at 1-888-556-3470 Passcode: 898476# until September 6, 2024. About Gray Media: Gray

ATLANTA, May 08, 2024 (GLOBE NEWSWIRE) -- Gray Television, Inc. ("Gray") (NYSE:GTN) 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 June 28, 2024, to shareholders of record at the close of business on June 14, 2024. About Gray Television: We are a multimedia company headquartered in Atlanta, Georgia and the nation's largest owner of top- rated local television stations and digital assets. Our television stations serve 114 television markets that collectively reach approximately 36 percent of US television households. This portfolio includes 79 markets with the

ATLANTA, May 07, 2024 (GLOBE NEWSWIRE) -- Gray Television, Inc. ("Gray," "we," "us" or "our") (NYSE:GTN) today announced financial results for the first quarter ended March 31, 2024, reflecting our total revenue of $823 million and total operating expenses (before depreciation, amortization and loss on disposal of assets) of $632 million. Overall, we believe that our businesses have started 2024 in a strong position. The first quarter of 2024 produced strong core advertising results, including $372 million in core advertising revenue, an increase of $15 million or 4% compared to 2023. Our core advertising business has more than fully recovered from the pandemic, with core advertising reve

ATLANTA, April 09, 2024 (GLOBE NEWSWIRE) -- Gray Television, Inc. (NYSE:GTN) today announced that it will release its earnings results for the quarter ended, March 31, 2024 on Tuesday, May 7, 2024. Earnings Conference Call Information Gray Television, Inc. will host a conference call to discuss its operating results for the quarter ended March 31, 2024, on Tuesday, May 7, 2024. The call will begin at 10:00 a.m. Eastern Time. The live dial-in number is 1-800-285-6670. The call will be webcast live and available for replay at www.gray.tv. The taped replay of the conference call will be available at 1-888-556-3470 Passcode: 898476# until June 6, 2024. About Gray: Gray Television,

ATLANTA, Feb. 26, 2024 (GLOBE NEWSWIRE) -- Gray Television, Inc. ("Gray") (NYSE: GTN) 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 28, 2024, to shareholders of record at the close of business on March 15, 2024. About Gray Television: We are a multimedia company headquartered in Atlanta, Georgia. We are the nation's largest owner of top-rated local television stations and digital assets. Our television stations serve 113 television markets that collectively reach approximately 36 percent of US television households. This portfolio includes 7

ATLANTA, Jan. 07, 2025 (GLOBE NEWSWIRE) --  Four of the nation's largest independent local broadcasting groups have come together to form EdgeBeam Wireless, LLC, a joint venture created to provide robust wireless data services to a wide range of businesses and industries across the country. The E.W. Scripps Company, Gray Media, Inc., Nexstar Media Group, Inc., and Sinclair, Inc. launched the new company ahead of meetings this week at the Consumer Electronics Show in Las Vegas. Leveraging broadcasters' uniquely efficient network architecture and the ATSC 3.0 transmission standard, EdgeBeam Wireless will provide expansive, reliable, and secure data delivery services. Using the broadcasters

ATLANTA, Jan. 03, 2025 (GLOBE NEWSWIRE) -- Gray Media, Inc. (NYSE:GTN) has named Jacque Harms as the next General Manager of KKTV, the CBS affiliate in Colorado Springs, Colorado. Jacque Harms has more than 35 years of experience in the media business, most recently as the General Manager at WTOK-TV in Meridian, Mississippi, for the past four and a half years. Under her leadership, WTOK -TV was the Mississippi Association of Broadcasters Small Market Station of the Year in 2024 and a National Association of Broadcasters Service to America Finalist in 2021. Jacque is the recipient of multiple AP and MAB awards. Jacque's WTOK team raised the bar in digital storytelling, captivating

ATLANTA, Dec. 05, 2024 (GLOBE NEWSWIRE) -- Gray Television, Inc. ("Gray" or "Gray Media") (NYSE:GTN) announced that Derek Rogers will join the company as the next General Manager and Director of Sales for KXII (CBS) and FXII (FOX) in Sherman, Texas, on January 6, 2025. He will succeed Rick Dean, who is retiring after 39 years at the stations, including the last 23 years as General Manager. Derek has more than 25 years of experience in the media business, most recently as the General Manager at WCBI in Columbus-Tupelo, Mississippi. Derek began his broadcast career as a production manager at WCBI, and over time he served as the station's production manager, promotions director, local sale

ATLANTA, Feb. 20, 2024 (GLOBE NEWSWIRE) -- Gray Television Inc. ("Gray," the "Company," "we," "us," or "our") (NYSE:GTN) announced today that Chief Financial Officer Jim Ryan has notified the Company of his voluntary decision to transition into retirement after 2025. Gray and Jim have agreed that he will remain with Gray as a Senior Advisor through his retirement to assist with a seamless transition of his duties.   To succeed Jim as CFO, Gray announced the hiring of Jeff Gignac, who currently serves as a Managing Director and Head of Media & Telecom Investment Banking at Wells Fargo Securities. Jeff has worked closely with Jim and the Company as one of its lead bankers for the past sever

ATLANTA, Jan. 12, 2024 (GLOBE NEWSWIRE) -- Gray Television, Inc. ("Gray") (NYSE:GTN) today announced its appointment of Liz Knight as the next General Manager of WALB and WGCW, the local NBC, ABC and CW affiliates, in Albany, Georgia. For the past five years, Liz Knight has served as the General Sales Manager at WALB-TV (NBC), WGCW (CW) and WTSG (Telemundo) in Albany, Georgia. Previously, she served as the stations' Local Sales Manager for nine years and Digital Sales Manager for one year. Prior to management at WALB she was an Account executive and has eighteen years of multimedia experience in Southwest Georgia. A native of Southwest Georgia, Liz grew up watching WALB-TV, which Gray put

ATLANTA, Dec. 20, 2023 (GLOBE NEWSWIRE) -- Gray Television, Inc. ("Gray") (NYSE:GTN) today announced its appointment of Bruce Austin as the next General Manager of WVLT and WBXX, the local CBS and CW affiliates, in Knoxville, Tennessee. For the past five years, Bruce Austin has served as the General Manager at WALB-TV (NBC), WGCW (CW) and WTSG (Telemundo) in Albany, Georgia. Previously, he served as the stations' General Sales Manager for ten years. A native of Southwest Georgia, Bruce grew up watching WALB-TV, which Gray put on the air in 1954. Under his leadership, the operation expanded its local service and added additional local programming. In 2020, the Georgia Association of Broadc

ATLANTA, Sept. 25, 2023 (GLOBE NEWSWIRE) -- Peachtree Sports Network, Gray Television's newest sports broadcast channel, will launch Sunday, October 1st on WPCH 17.2. The channel will focus on live, local sports programming all year long and will feature teams from multiple sports across the state. The broadcast network will launch in Atlanta but will soon air on Gray-owned over-the-air channels in Albany, Augusta, Columbus, Macon, and Savannah in the coming months. "As a lifelong sports fan, I know firsthand I became a fan by watching my local teams play on broadcast television," said WANF and WPCH Vice President and General Manager Erik Schrader. "While existing fans may follow

ATLANTA, March 30, 2023 (GLOBE NEWSWIRE) -- Gray Television, Inc. ("Gray") (NYSE:GTN) today announced that it has appointed Blanca Esparza Pap and Micheal Smith as Assistant Vice Presidents of Gray Media Group, Inc., effective April 1, 2023. Blanca Esparza Pap has served as the Station Manager for Arizona's Family 3TV (KTVK) and CBS5 (KPHO) in Phoenix, Arizona, since 2019. She first joined 3TV in 2005 as its Community and Public Relations Manager, and she later became the Director of Marketing for both 3TV and KPHO. Blanca is a graduate of Arizona State University's Walter Cronkite School of Journalism and Mass Communication. She graduated from the National Association of Broadcasters