Gray Television Responds to Inquiries on Proposed Streaming Service
ATLANTA, Feb. 07, 2024 - Gray Television, Inc. (Gray) (NYSE: GTN) has issued a statement in response to numerous inquiries from stakeholders regarding the recently announced streaming service by The Walt Disney Company (Disney), Fox Corporation (Fox), and Warner Bros. Discovery, Inc. (WBD).
The announcement of this new streaming service has generated significant interest and speculation among industry experts and stakeholders alike. In response to these inquiries, Gray Television has released a statement affirming its position on the matter.
Gray Television acknowledges the proposed streaming service by Disney, Fox, and WBD but has not provided any specific details or plans regarding its involvement in the platform. As a leading American television broadcasting company, Gray Television operates numerous television stations across the United States. However, it has not announced any partnerships or agreements related to the new streaming service at this time.
It is important to note that Gray Television has recently announced the date for its fourth quarter earnings release and earnings conference call. On January 25, 2024, the company declared that it will release its earnings results for the quarter ended December 31, 2023, on Friday, February 23, 2024.
Gray Television’s response to inquiries about the proposed streaming service indicates its interest and awareness of the industry’s latest developments. However, the company has not provided any substantial information regarding its participation in the streaming platform.
In conclusion, Gray Television has acknowledged the announcement of the new streaming service by Disney, Fox, and WBD but has not disclosed any specific plans or partnerships related to the platform. The company’s recent statement highlights its awareness of the industry trends and the upcoming release of its fourth-quarter earnings results.
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