5 days ago - globenewswire.com

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.

1 week ago - globenewswire.com

Atlanta, June 24, 2024 (GLOBE NEWSWIRE) -- The Investigative Reporters and Editors (IRE) awarded three Gray Television, Inc. (“Gray”) (NYSE: GTN) stations for outstanding watchdog journalism.   The IRE annual ceremony on Saturday, June 22 saluted the best investigative journalism across broadcast, print, and online media.

1 month ago - globenewswire.com

ATLANTA, June 04, 2024 (GLOBE NEWSWIRE) -- Gray Television, Inc. (“Gray” or the “Company”) (NYSE: GTN) announced today that it has closed a refinancing of its $1.15 billion term loan due in 2026 and upsizing of its revolving credit facility.

1 month ago - globenewswire.com

ATLANTA, June 04, 2024 (GLOBE NEWSWIRE) -- Gray Television, Inc. (“Gray”) (NYSE: GTN) announced today the early tender results of its previously announced offer to purchase for cash (the “Tender Offer”) any and all of its outstanding 5.875% Senior Notes due 2026 (the “Notes”), subject to certain terms and conditions set forth in the Offer to Purchase dated May 20, 2024 (the “Offer to Purchase”).

1 month ago - globenewswire.com

ATLANTA, June 03, 2024 (GLOBE NEWSWIRE) -- Gray Television, Inc. (“Gray”) (NYSE: GTN) announced today that the Radio Television Digital News Association (RTDNA) awarded a combined 78 regional Edward R. Murrow awards for excellence in journalism to 35 of Gray's local stations, led by nine separate awards to WVUE in New Orleans, Louisiana, and six to Hawaii News Now in Honolulu, Hawaii. Among the highest honors:

1 month ago - globenewswire.com

Atlanta, June 03, 2024 (GLOBE NEWSWIRE) -- Gray Television, Inc. (“Gray”) (NYSE: GTN) announced today that it has completed its previously announced offering of $1.25 billion aggregate principal amount of 10.500% senior secured first lien notes due 2029 (the “Notes”). The Notes were issued at par.

1 month ago - globenewswire.com

ATLANTA, May 30, 2024 (GLOBE NEWSWIRE) -- Gray Television, Inc. (“Gray”) (NYSE: GTN) today announced that Greg Connor will join Gray as the next General Manager of WRDW (CBS) and WAGT (NBC) in Augusta, Georgia, on June 3, 2024. He will succeed Mike Oates, who is retiring after 33 years at the stations, including the last 7 years as General Manager.

1 month ago - globenewswire.com

ATLANTA, May 23, 2024 (GLOBE NEWSWIRE) -- Gray Television, Inc. (“Gray”) (NYSE: GTN) announced today the pricing of its previously announced private offering of $1.25 billion aggregate principal amount of 10.500% senior secured first lien notes due 2029 (the “Notes”). This represents an increase of $250 million over the amount previously announced. The Notes were priced at 100% of par. The offering of the Notes is expected to close on June 3, 2024, subject to customary closing conditions and the closing of the refinancing of its senior credit facility.

1 month ago - globenewswire.com

ATLANTA, May 20, 2024 (GLOBE NEWSWIRE) -- Gray Television, Inc. (“Gray,” the “Company,” “we,” or “our”) (NYSE: GTN) announced today the commencement of an offer to purchase for cash (the “Tender Offer”), subject to certain terms and conditions, any and all of its outstanding 5.875% Senior Notes due 2026 (the “Notes”).

1 month ago - globenewswire.com

ATLANTA, May 20, 2024 (GLOBE NEWSWIRE) -- Gray Television, Inc. (“Gray,” “we,” “us” or “our”) (NYSE: GTN) announced today that it intends to offer up to $1 billion aggregate principal amount of senior secured first lien notes due 2029, subject to market conditions. The offering will be exempt from the registration requirements of the Securities Act of 1933 (the “Securities Act”).

1 month ago - globenewswire.com

ATLANTA, May 15, 2024 (GLOBE NEWSWIRE) -- Gray Television, Inc. (“Gray,” the “Company,” “we,” or “our”) (NYSE: GTN) announced today the commencement of a refinancing process for its existing $1.15 billion term loan due 2026 and up to $450 million of its 5.875% senior notes due 2026, with the goal of extending a significant portion of its near-term debt maturities.   Overall, the Company is targeting refinancing that outstanding debt with approximately $750 million of new senior secured term loans maturing in 2029 and approximately $750 million of additional senior secured debt, together with cash on hand and borrowings of approximately $100 million under its revolving credit facility due 2027.

1 month ago - globenewswire.com

ATLANTA, May 13, 2024 (GLOBE NEWSWIRE) -- Gray Television Inc. (“Gray”) (NYSE: GTN) is pleased to announce an agreement to bring select American Association of Professional Baseball (AAPB) games to free, over-the-air local television stations in multiple Midwestern markets and across three of Gray's local sports networks: Arizona Family Sports in Arizona, Peachtree Sports Network in Georgia, and Silver State Sports and Entertainment Network in Nevada. The AAPB is a Professional Partner League of Major League Baseball.

1 month ago - globenewswire.com

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.

2 months ago - globenewswire.com

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.

2 months ago - globenewswire.com

LOUISVILLE, Ky., April 29, 2024 (GLOBE NEWSWIRE) -- With Derby Week kicking off in Louisville, Kentucky, Gray Television, Inc. (NYSE: GTN) (“Gray”) is proud to announce several key initiatives to advance the NEXTGEN TV transition and bring more of the benefits of this new standard to viewers in Gray's local communities. Among many other consumer benefits, NEXTGEN allows broadcasters to deliver superior picture quality and immersive sound, and Gray is increasing its efforts to roll out these features for viewers.

2 months ago - globenewswire.com

ATLANTA, April 18, 2024 (GLOBE NEWSWIRE) -- Gray Television, Inc. (“Gray” or the “Company”) (NYSE: GTN) announced today that its daily, 30-minute news magazine InvestigateTV+ is renewed for a second season in 2024-2025. The renewal is the direct result of impressive, double-digit ratings growth in the show's debut season.   InvestigateTV+ built audience throughout its first season with an average of 25% growth with Adults 18+ across all Gray markets since its launch in September 2023 (Source: Nielsen).

2 months ago - globenewswire.com

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.

3 months ago - globenewswire.com

Atlanta, Georgia, April 05, 2024 (GLOBE NEWSWIRE) -- Gray Television, Inc. (“Gray” or the “Company”) (NYSE: GTN) announced today that it has completed a series of debt principal payments totaling $53.75 million.

3 months ago - globenewswire.com

ATLANTA, April 04, 2024 (GLOBE NEWSWIRE) -- Gray Television, Inc. (“Gray”) (NYSE: GTN) announced today the promotion of Peter Zampa to Senior National Correspondent for the Gray Television Washington News Bureau.   In his new role, Peter will be based in New York City covering the local impact of national and international stories for Gray affiliates, including Wall Street and the United Nations.   He will also provide unique analysis for Local News Live, Gray's streaming network that provides live news coverage on more than 500 Gray station websites, connected TV apps, and mobile apps.

3 months ago - globenewswire.com

ATLANTA, April 03, 2024 (GLOBE NEWSWIRE) -- Gray Television, Inc. (“Gray”) (NYSE: GTN) announced today that Local News Live, a streaming news network that provides live news coverage from Gray's 114 television markets and Washington DC Bureau, and Gray stations will stream continuous live coverage of the total solar eclipse on April 8th.   The programming will be available as a live stream on more than 500 Gray Television station websites, connected TV apps, and mobile apps. Gray stations in the path of totality will also provide complete local coverage to their communities on every screen.

3 months ago - globenewswire.com

ATLANTA, April 02, 2024 (GLOBE NEWSWIRE) -- Gray Television, Inc. (“Gray”) (NYSE: GTN) announced today that CBS has retained Gray's in-house news research and consulting group, Strategic Insights & Activation Team (“Strat Team”), as a provider of market research and news consulting services to all 14 CBS owned and operated television stations.   The first-of-its-kind partnership began on April 1, 2024.

3 months ago - seekingalpha.com

Gray Television is the second largest local television broadcaster in the US, with stations in 114 markets. My speculative buy thesis is based on America's increasing political divide and the potential for record-high political ad spending in the 2024 election cycle. Provided we get a normal ad cycle, GTN should be able to generate hundreds of millions in free cash flow that can go towards reducing debt and improving equity valuations.

3 months ago - globenewswire.com

NEW YORK, April 02, 2024 (GLOBE NEWSWIRE) -- Gray Television Inc. “Gray” (NYSE: GTN) is pleased to announce that Gray's Emmy Award-winning Tupelo Media Group and Las Vegas station KVVU have teamed with SportsGrid FAST Channel to produce five major sporting event specials.  The specials will be part of the “ BEAT THE ODDS ” nationally syndicated sports betting and entertainment television series produced by Tupelo Media Group and KVVU.  The specials begin this weekend for college basketball and will also air on dozens of Gray's television stations.

3 months ago - globenewswire.com

ATLANTA, March 28, 2024 (GLOBE NEWSWIRE) -- Gray Television Inc. (“Gray”) (NYSE: GTN) is pleased to announce a multi-year agreement with the Arena Football League to bring Saturday arena football games over-the-air to local audiences in at least thirty-four markets across the United States. The first AFL games on Gray's television stations will air on Saturday, April 27, 2024, and continue for the ten-week 2024 AFL season.

4 months ago - globenewswire.com

Atlanta, March 04, 2024 (GLOBE NEWSWIRE) -- Gray Television Inc. (“Gray”) (NYSE: GTN) announced today that it has successfully completed renewals of retransmission consent agreements representing more than 70 percent of its total subscriber footprint among cable, satellite, and telco multichannel video programming distributors (“traditional MVPDs”) in its current three-year retransmission renewal cycle that began with the successful renewal of agreements with three of the largest traditional MVPDs in the first quarter of 2023.