During the corresponding time, Gray Media Inc saw a revenue deteriorated by -1.79 % year on year, sequentially revenue fell by -3.03 %. While revenue at the Gray Media Inc 's corporate clients
Gray Media Inc's Comment on Sales, Marketing and Customers
The company generates a significant portion of its non-political broadcast advertising revenue from advertisers in the services sector, including financial, legal, and medical services, as well as the automotive industry. In 2025, 2024, and 2023, approximately 26%, 23%, and 27% of broadcast advertising revenue (excluding political advertising) originated from the services sector, respectively. Automotive advertisers accounted for about 17%, 20%, and 20% of such revenue in those years. The company’s stations are affiliated with major networks ABC, CBS, NBC, FOX, and secondary channels affiliated with networks such as the CW Network, CW Plus Network, MY Network, MeTV Network, Telemundo, THE365, and Outlaw. The Big Four networks—ABC, CBS, NBC, and FOX—dominate broadcast television viewership, with CBS, NBC, and ABC providing most daily programming to affiliates. Affiliates derive brand identity primarily from locally produced news programs, and network affiliations significantly influence programming, revenues, expenses, and operations. Affiliates compete with other local stations, cable networks, and video streaming services to acquire programming that maximizes revenue.
Gray Media Strengthens Financial Resources, Leadership, and Local Content Strategy ATLANTA, July 18, 2025In a series of strategic moves demonstrating its robust growth trajectory and commitment to local communities, Gray Media, Inc. (NYSE: GTN) has announced key financial, leadership, and operational updates that signal its continued dominance and adaptability in the media landscape. Revolving Credit Facility Expansion On July 18, 2025, Gray Media announced an increase in its revolving credit facility by $50 million, elevating the total commitment to an impressive $750 million. This expansion in financial resources underlines Gray s intent to bolster its financial flexibility and support its various strateg...
Atlanta News First Finds New Independence Amid Gray Media s Buoyant Market Performance Gray Media Inc. a significant player in the media industry, continues to make strategic moves cementing its influence. The recent expansion of WANF s commitment to Atlanta News First as an independent local television station marks a pivotal step in Gray Media s strategy. This change is particularly noteworthy in Gray Media s home market of Atlanta, as it comes during a month when the company s shares have outperformed the broader market, showing a robust 4.25% performance. On a year-to-date basis, Gray Media has consistently outpaced market performance, reflecting investor confidence in its strategic direction.The severa...
Gray Media Expands Financial Footprint with Increased AR Securitization Facility and Revolving Credit Line ATLANTA, March 31, 2025 Gray Media, Inc. (Gray or the Company) (NYSE: GTN) has today made significant moves to bolster its financial positioning by announcing an increase in its accounts receivable securitization facility (the AR Facility) and its revolving credit facility. Gray has raised the aggregate commitments under the AR Facility by $100 million, bringing the total available to $400 million. Moreover, the maturity of this innovative financial instrument has been extended from February 23, 2026, to March 31, 2028. This adjustment signifies the Company’s strategic efforts to manage its capital...
Jaime Sayre Kawaja Takes the Helm at Gray Media s WKYT and WYMT: A New Era for CBS Affiliates in Kentucky Jaime Sayre Kawaja is set to make her triumphant return to Kentucky, bringing a wealth of experience and dynamic leadership to the television landscape as she assumes the role of General Manager and Director of Sales for Gray Media s WKYT and WYMT. Starting April 1, 2025, she will take over the reins from Jeff Anderson, who has decided to embark on new opportunities beyond the realm of local television.Kawaja, who is well-versed in the nuances of broadcasting, comes to the Lexington/Hazard market at a pivotal time for both stations. With a distinct commitment to fostering local news coverage and enhancin...
Innovative Media Agreement to Revolutionize Regional Sports ViewingThe sports broadcasting landscape is set to experience a monumental shift as Gray Media Group, Inc. (Gray Media) and the New Orleans Pelicans have announced a groundbreaking broadcast partnership that will immensely broaden the outreach of Pelicans games. This unprecedented rights deal will ensure that Pelicans games are distributed free over-the-air (OTA) to more than 4 million homes across a multitude of states, significantly enhancing accessibility for fans of the NBA team. The announcement, marked by a detailed press release, underscores a pivotal moment in regional sports broadcasting, promising substantial benefits for fans, sponsors, a...
InvestigateTV+ Expands Its Reach: The News Magazine Making Waves Across America In an exciting development for viewers nationwide, Gray Media has announced that its acclaimed news magazine, InvestigateTV+, has secured a significant expansion for the 2024-2025 season. With an impressive 67% of the U.S. now cleared to air the weekend editions and 46% set to feature the weekday segments by this fall, the program is on track to deliver thought-provoking stories and in-depth investigations to an even wider audience.The investigative journalism landscape is transforming, and InvestigateTV+ is at the forefront of this evolution. Featuring compelling stories that dive deep into current events, social issues, and tre...
Gray Medias InvestigateTV and WVUE, Gray Television s FOX affiliated television station in New Orleans, have recently been honored with three prestigious 2023 Sigma Delta Chi Awards for Excellence in Journalism by the Society of Professional Journalists (SPJ). The SPJ, established in 1909, is the nation s leading journalism organization, dedicated to upholding the principles of free speech and the unhindered flow of information.This recognition highlights Gray Medias relentless pursuit of impactful investigative journalism. InvestigateTV, Gray Medias national investigative team, has consistently demonstrated exceptional reporting, bringing to light critical stories that impact communities across the United...
Gray Media Announces Extensive Coverage Plans for 2024 Republican National ConventionATLANTA, July 10, 2024 - Gray Media (NYSE: GTN), a leading media company, has just unveiled its comprehensive coverage plans for the upcoming highly anticipated Republican National Convention in 2024. As one of the largest media companies in the United States, Gray Media aims to provide the public with in-depth, unbiased, and live coverage of this significant political event.With the 2024 Republican National Convention being a pivotal moment in American politics, Gray Media is fully committed to delivering accurate and thorough reporting. The convention will take place in the heart of the country, where delegates, politician...
Gray Television, Inc. (NYSE: GTN) has recently unveiled a series of impactful announcements that shed light on the company s strategic direction and its focus on embracing emerging technologies. With the promotion of three individuals to new leadership positions, Gray is positioning itself to take full advantage of the digital revolution driven by NextGenTV and Generative Artificial Intelligence (AI). Additionally, the company has successfully completed a cash tender offer for its outstanding 5.875% Senior Notes due 2026.Firstly, Gray Television has set a pivotal date for its second-quarter earnings release - Thursday, August 8, 2024. This quarterly update will shed light on the company s financial performan...
Gray Media Inc’s Comment on Sales, Marketing and Customers
The company generates a significant portion of its non-political broadcast advertising revenue from advertisers in the services sector, including financial, legal, and medical services, as well as the automotive industry. In 2025, 2024, and 2023, approximately 26%, 23%, and 27% of broadcast advertising revenue (excluding political advertising) originated from the services sector, respectively. Automotive advertisers accounted for about 17%, 20%, and 20% of such revenue in those years. The company’s stations are affiliated with major networks ABC, CBS, NBC, FOX, and secondary channels affiliated with networks such as the CW Network, CW Plus Network, MY Network, MeTV Network, Telemundo, THE365, and Outlaw. The Big Four networks—ABC, CBS, NBC, and FOX—dominate broadcast television viewership, with CBS, NBC, and ABC providing most daily programming to affiliates. Affiliates derive brand identity primarily from locally produced news programs, and network affiliations significantly influence programming, revenues, expenses, and operations. Affiliates compete with other local stations, cable networks, and video streaming services to acquire programming that maximizes revenue.
Sources:
Gray Media Inc’s official press releases and regulatory filings; CSIMarket.com’s market research; and the financial filings and press releases of other companies cited in this report.
Updated on:
Focus of this report: Gray Media Inc’s corporate clients.
For your research, we’ve provided 9 tables on Gray Media Inc corporate clients.
You can find them in the navigation menu under Customers & Markets.
To download the tables, please subscribe.
Intraday data delayed per exchange requirements. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com
Disclaimer: Information provided by CSIMarket.com is for informational purposes only and does not constitute investment advice, recommendation, or solicitation to buy or sell any security.
70.31 %