{"filings":[{"id":3373796,"accession_number":"0001437749-26-032446","cik":43196,"company_name":"GRAY MEDIA, INC","ticker":"GTN","form_type":"8-K","filed_at":"2026-10-09T20:16:26+00:00","items":["1.01","2.03","8.01","9.01"],"status":"ready","headline":"Gray Media adds $75 million Term Loan G and redeems $150 million of 10.500% 2029 notes","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Gray Media entered an eighth amendment to its Senior Credit Facility, increasing Term Loan G due July 15, 2030 by $75 million to $675 million aggregate principal.","Proceeds plus cash on hand will fund redemption of $150 million of Gray's 10.500% senior secured notes due 2029 at 105.250% of principal, plus accrued interest, on October 19, 2026.","The redemption is conditioned on funding the incremental Term Loan G, available on a delayed draw basis on or before October 19, 2026; $200 million of 2029 Notes would remain outstanding.","Term Loan G bears interest at Term SOFR plus 3.50% or Base Rate plus 2.50%, with quarterly principal reductions of 0.25% of the initial aggregate principal amount.","Wells Fargo Bank, National Association is administrative agent; Executive Vice President and CFO Jeffrey R. Gignac signed the October 9, 2026 report."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.62,"calibrated_materiality_score":0.62,"market_cap_usd":466171698.1916461,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":3355076,"accession_number":"0001437749-26-032392","cik":43196,"company_name":"GRAY MEDIA, INC","ticker":"GTN","form_type":"8-K","filed_at":"2026-10-09T10:20:52+00:00","items":["1.01","2.03","8.01","9.01"],"status":"ready","headline":"Gray Media closes $600M Term Loan G, trims revolver to $680M; maturities pushed past 2028","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["$600M Term Loan G priced at SOFR + 350 bps with 0.5% original issue discount; matures July 15, 2030; proceeds repaid part of Term Loan D, leaving $150M outstanding.","Revolver commitments cut from $750M to $680M and maturity extended from December 1, 2028 to July 15, 2030; pricing grid unchanged.","Term Loan G and revolver carry springing maturities 91 days before Term D or the 2029 1L Notes if more than $200M of either remains outstanding.","Recaps August 21, 2026 closing of $750M of 7.50% senior secured first lien notes due 2034, proceeds used to repay $675M of 10.5% senior secured first lien notes due 2029.","Gray says refinancings extended maturities on over $1.25B of debt and lowered borrowing costs; nearest maturities are $150M Term Loan D (Dec 2028) and $350M of 2029 Notes (July 2029)."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":466171698.1916461,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":3110197,"accession_number":"0001437749-26-031279","cik":43196,"company_name":"GRAY MEDIA, INC","ticker":"GTN","form_type":"8-K","filed_at":"2026-09-28T10:30:19+00:00","items":["2.02","9.01"],"status":"ready","headline":"Gray Media raises Q3 2026 political ad guidance to $188-195M, lifts total revenue floor to $950M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q3 2026 political advertising guidance raised to $188-195M from the $165-185M given Aug 7; includes about $9M from recent acquisitions.","Total revenue guidance raised at the low end to $950-965M from $935-965M; core advertising now -1% to flat as reported vs. prior flat.","Corporate and administrative expense outlook cut to $30-35M from $35-40M; Q3 2025 actuals: revenue $749M, political $8M, core ads $355M.","Gray expects no outstanding borrowings under its Revolving Credit Facility as of Sept 30, 2026; AR securitization capacity ~$379M, down on prepaid political ads.","Update issued alongside lender meetings to potentially refinance its credit facility; Q3 2026 results scheduled for Friday, Nov 6, 2026."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":466171698.1916461,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":2411276,"accession_number":"0001437749-26-028749","cik":43196,"company_name":"GRAY MEDIA, INC","ticker":"GTN","form_type":"8-K","filed_at":"2026-08-21T20:50:08+00:00","items":["1.01","2.03","8.01","9.01"],"status":"ready","headline":"Gray Media issues $750M of 7.5% senior secured notes due 2034 to refinance 2029 notes","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Issued $750M aggregate principal of 7.500% senior secured first lien notes due 2034, priced at par.","Net proceeds will redeem $675M of 10.500% notes due 2029, repay $21M of revolver borrowings, and pay fees.","Redemption of 2029 notes expected Aug 27, 2026; $350M of 2029 notes expected to remain outstanding.","Notes mature Sep 15, 2034; interest payable semi-annually Mar 15 and Sep 15, first on Mar 15, 2027.","Notes offered unregistered under Rule 144A and Regulation S to qualified institutional buyers."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":466171698.1916461,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":2309240,"accession_number":"0001437749-26-028227","cik":43196,"company_name":"GRAY MEDIA, INC","ticker":"GTN","form_type":"8-K","filed_at":"2026-08-17T23:39:19+00:00","items":["8.01","9.01"],"status":"ready","headline":"Gray Media prices $750M of 7.500% senior secured first lien notes due 2034","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Offering priced at 100% of par; expected to close on August 21, 2026.","Proceeds to redeem a portion of outstanding 10.500% senior secured notes due 2029.","Also to repay outstanding borrowings under revolving credit facility and pay fees.","Notes and guarantees offered under Rule 144A and Regulation S; not registered.","Jointly and severally guaranteed on senior secured first lien basis by restricted subsidiaries."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":466171698.1916461,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":2283636,"accession_number":"0001437749-26-028117","cik":43196,"company_name":"GRAY MEDIA, INC","ticker":"GTN","form_type":"8-K","filed_at":"2026-08-17T13:06:08+00:00","items":["8.01","9.01"],"status":"ready","headline":"Gray Media launches $750M senior secured notes offering to refinance 2029 notes and revolver","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Offering $750M aggregate principal of senior secured first lien notes due 2034, exempt from registration.","Proceeds to redeem $675M of 10.500% 2029 notes, repay revolver borrowings, and pay fees.","Conditional redemption of $675M 2029 notes at 105.250% plus accrued interest on Aug 27, 2026.","Redemption conditioned on consummation of the new notes offering; notes guaranteed by restricted subsidiaries.","Offered to QIBs under Rule 144A and non-U.S. persons under Regulation S."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":466171698.1916461,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":2114879,"accession_number":"0001437749-26-026424","cik":43196,"company_name":"GRAY MEDIA, INC","ticker":"GTN","form_type":"8-K","filed_at":"2026-08-07T10:40:44+00:00","items":["7.01","9.01"],"status":"ready","headline":"Gray Media files investor-deck 8-K; slide contents unavailable, no material news discernible","summary_kind":"llm","event_type":"other","confidence":"low","bullets":["Gray Media to meet prospective investors beginning August 7, 2026; presentation slides referenced in this filing.","Slide deck content is not reproduced in the text provided; no financial figures, guidance, or strategy details extractable.","No earnings, M&A, leadership, guidance, or other material corporate event is reported in the filing body.","Filing signed by EVP and CFO Jeffrey R. Gignac on August 7, 2026."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.1,"calibrated_materiality_score":0.1,"market_cap_usd":466171698.1916461,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":2114838,"accession_number":"0001437749-26-026423","cik":43196,"company_name":"GRAY MEDIA, INC","ticker":"GTN","form_type":"8-K","filed_at":"2026-08-07T10:35:22+00:00","items":["8.01","9.01"],"status":"ready","headline":"Gray Media declares quarterly cash dividend of $0.08 per share","summary_kind":"llm","event_type":"dividend","confidence":"high","bullets":["Board authorized $0.08 per share cash dividend on both common and Class A common stock.","Dividend payable September 30, 2026; record date September 15, 2026.","Press release issued August 7, 2026; no change in dividend rate indicated."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.3,"market_cap_usd":466171698.1916461,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":2114796,"accession_number":"0001437749-26-026422","cik":43196,"company_name":"GRAY MEDIA, INC","ticker":"GTN","form_type":"8-K","filed_at":"2026-08-07T10:31:53+00:00","items":["2.02","9.01"],"status":"ready","headline":"Gray Media Q2 revenue up 9% to $839M; political ad revenue jumps to $83M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q2 total revenue $839M (+9% YoY); net income $14M vs $56M loss; adjusted EBITDA $214M (+27%).","Political advertising revenue $83M vs $9M in Q2 2025; core advertising down 1% to $357M.","Net retransmission revenue $150M (+10% YoY); retransmission consent revenue $359M (-3%).","Board authorized up to $250M debt repurchases through Dec 31, 2027; July repurchases totaled $120M.","Q3 guidance: total revenue $935-965M, political $165-185M; FY2026 capex $120-130M."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":466171698.1916461,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":1777957,"accession_number":"0001437749-26-023973","cik":43196,"company_name":"GRAY MEDIA, INC","ticker":"GTN","form_type":"8-K","filed_at":"2026-07-21T21:27:47+00:00","items":["8.01"],"status":"ready","headline":"Gray Media repurchases $120M of senior notes in privately negotiated transaction","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Repurchased $100M of 10.500% senior secured first lien notes due 2029 at par plus accrued interest.","Repurchased $20M of 5.375% senior notes due 2031 at par plus accrued interest.","Funded using available liquidity, including cash on hand and borrowings under revolving credit facility.","Transaction reduces outstanding debt and future interest expense."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":466171698.1916461,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":1693798,"accession_number":"0001437749-26-023725","cik":43196,"company_name":"GRAY MEDIA, INC","ticker":"GTN","form_type":"8-K/A","filed_at":"2026-07-16T21:01:38+00:00","items":["9.01"],"status":"ready","headline":"Gray Media files audited statement for $171M Allen Media stations acquisition","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["Total purchase price $171M all-cash; net assets acquired $171M as of May 1, 2026.","Broadcast licenses valued at $106M, goodwill $42M, property & equipment $22M.","Acquisition completed in two phases: three markets for $56M (Mar 27) and seven markets for $115M (May 1).","Liabilities assumed total $9M, primarily operating lease liabilities and current liabilities.","Filing satisfies SEC waiver for Rule 3-05 financial statements; no change to prior disclosures."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":466171698.1916461,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":1371677,"accession_number":"0001437749-26-022218","cik":43196,"company_name":"GRAY MEDIA, INC","ticker":"GTN","form_type":"8-K","filed_at":"2026-07-01T13:25:15+00:00","items":["1.01","8.01","2.03","7.01","9.01"],"status":"ready","headline":"Gray Media issues $70M notes, buys American Spirit stations for $50M, repurchases $50M preferred at $30M","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Issued $70M of 7.250% Senior Secured First Lien Notes due 2033 at par plus accrued interest from Feb 15, 2026.","Used $40M of proceeds for first closing of acquisition of six TV stations from American Spirit Media for total $50M.","Used $30M to repurchase 50,000 shares Series A Preferred Stock ($50M liquidation preference), a discount to par.","Acquired stations: WUPW (Toledo), WDBD (Jackson), WSFX-TV (Wilmington), WXTX (Columbus), KAUZ-TV (Wichita Falls), KVHP (Lake Charles).","Second closing expected Q4 2026 pending regulatory approvals; Gray expects transaction to be cash flow accretive with no increase in leverage."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":466171698.1916461,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":98149,"accession_number":"0001437749-26-015616","cik":43196,"company_name":"GRAY MEDIA, INC","ticker":"GTN","form_type":"8-K","filed_at":"2026-05-07T23:59:59+00:00","items":["2.01","7.01","9.01"],"status":"ready","headline":"Gray Media closes $171M station acquisition from Allen Media Group","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["Total purchase price of $171M plus working capital adjustments for 13 stations across multiple markets.","First tranche of 3 stations (WTVA, WTHI, WLFI) closed March 27, 2026 for $56M.","Second tranche of 10 stations (e.g., WAAY, WSIL, WEVV, WFFT, WCOV, WIYE, KADN, KLAF, WREX) closed May 1, 2026 for $115M.","Both acquisitions funded from Gray Media's available cash on hand.","SEC granted waiver under Rule 3-13; audited Statement of Assets Acquired to be filed within 71 days."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":466171698.1916461,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":98148,"accession_number":"0001437749-26-015346","cik":43196,"company_name":"GRAY MEDIA, INC","ticker":"GTN","form_type":"8-K","filed_at":"2026-05-07T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"Gray Media furnishes prospective investor presentation slides","summary_kind":"llm","event_type":"other_material","confidence":"low","bullets":["Presentation slides furnished as Exhibit 99.1 for use in investor meetings starting May 7, 2026.","No financial results, guidance, or operational updates disclosed in the filing.","Filing is a routine Regulation FD disclosure; slides content not textually available for analysis."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.1,"calibrated_materiality_score":0.1,"market_cap_usd":466171698.1916461,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":98147,"accession_number":"0001437749-26-015345","cik":43196,"company_name":"GRAY MEDIA, INC","ticker":"GTN","form_type":"8-K","filed_at":"2026-05-07T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"Gray Media declares $0.08/share quarterly dividend payable June 30, 2026","summary_kind":"llm","event_type":"dividend","confidence":"high","bullets":["Quarterly cash dividend of $0.08 per share on common stock and Class A common stock.","Dividend payable on June 30, 2026 to shareholders of record at close of business on June 15, 2026.","Board of Directors authorized the dividend on May 7, 2026."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.35,"calibrated_materiality_score":0.35,"market_cap_usd":466171698.1916461,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":98146,"accession_number":"0001437749-26-015344","cik":43196,"company_name":"GRAY MEDIA, INC","ticker":"GTN","form_type":"8-K","filed_at":"2026-05-07T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Gray Media Q1 revenue $768M at high end of guidance; core ad up 2% YoY; net loss widens to $20M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Core advertising revenue $352M, +2% YoY, exceeding guidance of flat; political revenue $30M (high end of $25-30M).","Net retransmission revenue $142M, -3% YoY; retrans consent $339M, -11% due to subscriber declines and distribution dispute.","Net loss $20M vs $9M loss in Q1 2025; Adjusted EBITDA $154M, down 4% from $160M.","Q2 2026 guidance: total revenue $780-800M, political $60-70M (vs $9M in Q2 2025), core down mid-single digits.","Closed acquisitions of TV stations: $115M from Allen Media (May 1) and $80M from Block Communications (May 6)."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.34,"consensus_revenue_estimate":null,"consensus_revenue_actual":768000000.0,"consensus_period":"2026-Q1","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":466171698.1916461,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":98145,"accession_number":"0001437749-26-015225","cik":43196,"company_name":"GRAY MEDIA, INC","ticker":"GTN","form_type":"8-K","filed_at":"2026-05-06T23:59:59+00:00","items":["5.07"],"status":"ready","headline":"Gray Media shareholders elect directors, approve advisory pay vote, ratify auditor at 2026 annual meeting","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["All 10 director nominees elected; Hilton H. Howell, Jr. received 149.8M for, 3.2M withheld.","Advisory say-on-pay proposal approved with 138.5M for, 14.4M against, 130.8k abstain.","Ratification of RSM US LLP as auditor for 2026 approved with 177.4M for, 1.1M against.","Broker non-votes totaled 25.5M for both director and say-on-pay proposals."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.2,"calibrated_materiality_score":0.15,"market_cap_usd":466171698.1916461,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":98144,"accession_number":"0001437749-26-010908","cik":43196,"company_name":"GRAY MEDIA, INC","ticker":"GTN","form_type":"8-K","filed_at":"2026-04-01T23:59:59+00:00","items":["1.01","2.03","9.01"],"status":"ready","headline":"Gray Media enters sixth amendment to credit facility; plans to repay remaining $10M Term F loan","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["No new borrowings; revolving commitments, principal amounts, or stated maturities unchanged.","Revolving loans bear SOFR plus 1.75%-2.75%; Term D Loan SOFR+3.00%, Term F Loan SOFR+5.25%.","Quarterly principal reductions of $3.75M (Term D) and $1.25M (Term F) prepaid in advance.","Company provided prepayment notice to repay remaining $10M of Term F Loan on April 2, 2026.","Sixth amendment restated credit agreement, reaffirmed liens and guarantees by subsidiaries."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.3,"market_cap_usd":466171698.1916461,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":113433,"accession_number":"0001437749-26-005742","cik":43196,"company_name":"GRAY MEDIA, INC","ticker":"GTN","form_type":"8-K","filed_at":"2026-02-26T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"Gray Media announces investor meetings; no material financial disclosures","summary_kind":"llm","event_type":"other_material","confidence":"low","bullets":["Gray Media to hold prospective investor meetings starting Feb 26, 2026.","Presentation slides provided as Exhibit 99.1 contain no new material information.","No financial results, guidance, or material events disclosed in the 8-K."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.1,"calibrated_materiality_score":0.1,"market_cap_usd":466171698.1916461,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":113432,"accession_number":"0001437749-26-005741","cik":43196,"company_name":"GRAY MEDIA, INC","ticker":"GTN","form_type":"8-K","filed_at":"2026-02-26T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"Gray Media declares $0.08 quarterly cash dividend payable March 31, 2026","summary_kind":"llm","event_type":"dividend","confidence":"high","bullets":["$0.08 per share dividend on common stock and Class A common stock declared.","Payable on March 31, 2026 to shareholders of record on March 13, 2026.","Board of Directors authorized the quarterly dividend on February 26, 2026."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":466171698.1916461,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":113431,"accession_number":"0001437749-26-005740","cik":43196,"company_name":"GRAY MEDIA, INC","ticker":"GTN","form_type":"8-K","filed_at":"2026-02-26T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Gray Media Q4 revenue $792M beats guidance; net loss $10M on political cycle comparison","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Total revenue $792M exceeded high-end guidance of $782M; net loss $10M vs income $169M in Q4 2024.","Core advertising $392M (+3% YoY) and net retrans $134M (+3%) both beat high-side guidance.","Q1 2026 guidance: revenue $755-770M, core advertising ~$344M flat; includes $11M Super Bowl and $15M Olympics revenue.","Completed WBBJ-TV acquisition for $25M on Feb 13, 2026; pending deals expected to close H1 2026 subject to approvals."],"consensus_eps_estimate":null,"consensus_eps_actual":-1.41,"consensus_revenue_estimate":null,"consensus_revenue_actual":3095000000.0,"consensus_period":"2025-FY","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":466171698.1916461,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":129822,"accession_number":"0001437749-25-038207","cik":43196,"company_name":"GRAY MEDIA, INC","ticker":"GTN","form_type":"8-K","filed_at":"2025-12-18T23:59:59+00:00","items":["8.01"],"status":"ready","headline":"Gray Media redeems all 5.875% senior notes due 2026 on Jan 20 at par","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Notice of redemption issued Dec 18, 2025 for $250M aggregate principal amount of 5.875% notes due 2026.","Redemption date Jan 20, 2026; redemption price 100% of principal plus accrued interest.","All outstanding 2026 Notes will be redeemed; no solicitation or offer to purchase involved.","Reduction of debt liability ahead of maturity; no new debt issuance announced."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":466171698.1916461,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":129821,"accession_number":"0001437749-25-037759","cik":43196,"company_name":"GRAY MEDIA, INC","ticker":"GTN","form_type":"8-K","filed_at":"2025-12-12T23:59:59+00:00","items":["1.01","2.03","8.01","9.01"],"status":"ready","headline":"Gray Media closes $250M add-on of 9.625% senior secured notes due 2032","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Issued $250M additional 9.625% senior secured second-lien notes at 102% of par plus accrued interest.","Notes form single series with existing $900M 9.625% notes due 2032; total now $1.15B.","Net proceeds used to redeem a portion of 10.500% first-lien notes due 2029, pay fees, and for general corporate purposes.","Interest payable semiannually starting Jan 15, 2026; maturity July 15, 2032.","Issued in private placement under Section 4(a)(2) and Regulation D."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":466171698.1916461,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":129820,"accession_number":"0001437749-25-037077","cik":43196,"company_name":"GRAY MEDIA, INC","ticker":"GTN","form_type":"8-K","filed_at":"2025-12-08T23:59:59+00:00","items":["1.01","8.01","9.01"],"status":"ready","headline":"Gray Media sells $250M 9.625% senior secured notes; to redeem $125M of 10.5% first lien notes","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Sold $250M aggregate principal of 9.625% Senior Secured Second Lien Notes due 2032 at 102% of par plus accrued interest.","Notes are an additional issuance to the existing $900M of same series (July 2025), forming a single series.","Net proceeds used to redeem $125M of 10.500% Senior Secured First Lien Notes due 2029 at 103% of principal (conditional redemption on Dec 19, 2025).","Closing expected December 12, 2025, subject to customary conditions."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":466171698.1916461,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":129819,"accession_number":"0001437749-25-033709","cik":43196,"company_name":"GRAY MEDIA, INC","ticker":"GTN","form_type":"8-K","filed_at":"2025-11-07T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"Gray Media files investor slides; no material financial updates disclosed","summary_kind":"llm","event_type":"other","confidence":"low","bullets":["Company will hold meetings with prospective investors starting November 7, 2025.","Exhibit 99.1 contains presentation slides but is only an image placeholder; no textual data provided.","No changes to operations, guidance, or financial position are reported in this filing."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.0,"calibrated_materiality_score":0.0,"market_cap_usd":466171698.1916461,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":129818,"accession_number":"0001437749-25-033708","cik":43196,"company_name":"GRAY MEDIA, INC","ticker":"GTN","form_type":"8-K","filed_at":"2025-11-07T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"Gray Media declares quarterly cash dividend of $0.08 per share","summary_kind":"llm","event_type":"dividend","confidence":"high","bullets":["Quarterly dividend of $0.08 per share on common stock and Class A common stock.","Dividend payable on December 31, 2025 to shareholders of record as of December 15, 2025.","Tickers: GTN (common) and GTN.A (Class A) on NYSE."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.25,"calibrated_materiality_score":0.25,"market_cap_usd":466171698.1916461,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":129817,"accession_number":"0001437749-25-033706","cik":43196,"company_name":"GRAY MEDIA, INC","ticker":"GTN","form_type":"8-K","filed_at":"2025-11-07T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Gray Media Q3 revenue $749M beats guidance; net loss $23M; announces station acquisitions","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Total revenue $749M (high end of guidance); core advertising $355M (high end).","Net loss attributable to common stockholders $23M vs $83M net income in Q3 2024 due to political ad cycle.","Adjusted EBITDA $162M; broadcast expenses $542M significantly below guidance.","Agreed to acquire stations from Scripps (swap), SGH ($2M), BCI ($80M), AMG ($171M); adds 6 markets, 11 duopolies.","Issued $900M 9.625% second lien notes due 2032 and $775M 7.25% first lien notes due 2033; refinanced debt."],"consensus_eps_estimate":null,"consensus_eps_actual":-1.19,"consensus_revenue_estimate":null,"consensus_revenue_actual":2303000000.0,"consensus_period":"2025-Q3","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":466171698.1916461,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":146406,"accession_number":"0001437749-25-025557","cik":43196,"company_name":"GRAY MEDIA, INC","ticker":"GTN","form_type":"8-K","filed_at":"2025-08-08T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"Gray Media schedules prospective investor meetings with slide deck","summary_kind":"llm","event_type":"other","confidence":"low","bullets":["Company will meet with prospective investors starting August 8, 2025.","No specific financial data or guidance provided in the filing.","Slides furnished as Exhibit 99.1 contain no material new information.","Presentation is routine investor relations activity."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.1,"calibrated_materiality_score":0.1,"market_cap_usd":466171698.1916461,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":146405,"accession_number":"0001437749-25-025556","cik":43196,"company_name":"GRAY MEDIA, INC","ticker":"GTN","form_type":"8-K","filed_at":"2025-08-08T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"Gray Media declares $0.08 quarterly dividend payable Sept 30, 2025","summary_kind":"llm","event_type":"dividend","confidence":"high","bullets":["Dividend of $0.08 per share on common stock (GTN) and Class A common stock (GTN.A).","Payable September 30, 2025 to shareholders of record at close of business on September 15, 2025.","Dividend amount unchanged from prior quarter; declared under same Board authorization."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.25,"calibrated_materiality_score":0.25,"market_cap_usd":466171698.1916461,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":146404,"accession_number":"0001437749-25-025554","cik":43196,"company_name":"GRAY MEDIA, INC","ticker":"GTN","form_type":"8-K","filed_at":"2025-08-08T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Gray Media Q2 net loss $69M; revenue down 7% to $772M; impairment of $28M from CBS affiliation loss","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Total revenue $772M (-7% YoY); core advertising $361M (-3%); political $9M (-81%) due to off-year cycle.","Net loss attributable to common stockholders $69M vs. net income $9M in Q2 2024; Adjusted EBITDA $169M vs. $225M.","Recorded $28M impairment from non-renewal of CBS affiliation at Atlanta station WANF.","Completed $900M 9.625% senior secured notes due 2032 and $775M 7.25% notes due 2033; used proceeds to refinance debt.","Pending acquisitions: station swap with Scripps (no cash), SGH purchase (<$2M), BCI purchase ($80M); expected Q4 2025 close."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.95,"consensus_revenue_estimate":null,"consensus_revenue_actual":1554000000.0,"consensus_period":"2025-Q2","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.85,"calibrated_materiality_score":0.85,"market_cap_usd":466171698.1916461,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":146403,"accession_number":"0001437749-25-023531","cik":43196,"company_name":"GRAY MEDIA, INC","ticker":"GTN","form_type":"8-K","filed_at":"2025-07-25T23:59:59+00:00","items":["1.01","2.03","8.01","9.01"],"status":"ready","headline":"Gray Media issues $775M 7.25% senior secured notes due 2033; refinances term loans and revolver","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Issued $775M of 7.250% Senior Secured First Lien Notes due 2033 at par.","Net proceeds used to repay $630M of Term Loan D (balance now $739M), $80M of Term Loan F (balance $10M), and $50M revolving credit facility (undrawn availability now $750M).","Interest payable semiannually from Feb 15, 2026; callable after Aug 15, 2028 at specified redemption prices.","Notes guaranteed on senior secured first lien basis by existing and future restricted subsidiaries that guarantee Gray's senior credit facility."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":466171698.1916461,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":146402,"accession_number":"0001437749-25-023262","cik":43196,"company_name":"GRAY MEDIA, INC","ticker":"GTN","form_type":"8-K","filed_at":"2025-07-23T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"Gray Media prices $775M of 7.250% senior secured notes due 2033; upsized by $75M","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Priced $775M aggregate principal of 7.250% senior secured first lien notes due 2033 at 100% of par.","Upsized by $75M from the previously announced offering amount.","Proceeds to repay portions of term loan D (Dec 2028), term loan F (Jun 2029), and revolver balance.","Closing expected July 25, 2025, subject to customary closing conditions."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":466171698.1916461,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":146401,"accession_number":"0001437749-25-023151","cik":43196,"company_name":"GRAY MEDIA, INC","ticker":"GTN","form_type":"8-K","filed_at":"2025-07-22T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"Gray Media announces $700M senior secured note offering to refinance existing term loans","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["$700M aggregate principal of senior secured first lien notes due 2033 offered via private placement.","Proceeds plus revolver borrowings to repay part of term loan D (due Dec 2028) and term loan F (due June 2029).","Notes guaranteed by existing and future restricted subsidiaries on a senior secured first lien basis.","Offering exempt from Securities Act registration; sold to QIBs under Rule 144A and non-US persons under Reg S."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":466171698.1916461,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":146400,"accession_number":"0001437749-25-023021","cik":43196,"company_name":"GRAY MEDIA, INC","ticker":"GTN","form_type":"8-K","filed_at":"2025-07-18T23:59:59+00:00","items":["1.01","2.03","8.01","9.01"],"status":"ready","headline":"Gray Media issues $900M of 9.625% second lien notes due 2032; upsizes revolver to $750M","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Issued $900M of 9.625% senior secured second lien notes due July 15, 2032 at par.","Proceeds used to redeem all 7.000% senior notes due 2027 and repay $402.5M of term loan F.","Revolving credit facility increased by $50M to $750M; maturity extended to Dec 1, 2028.","Term loan F balance reduced to $90M; $700M undrawn revolver (excl. ~$8M letters of credit).","Interest on new notes payable semiannually Jan 15/Jul 15, beginning Jan 15, 2026."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":466171698.1916461,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":146399,"accession_number":"0001437749-25-022378","cik":43196,"company_name":"GRAY MEDIA, INC","ticker":"GTN","form_type":"8-K","filed_at":"2025-07-09T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"Gray Media prices $900M 9.625% senior secured second lien notes due 2032, upsized by $150M","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["$900M aggregate principal, 9.625% coupon, due 2032; 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political revenue drops to $8-$9M from $47M.","Repurchased $7.7M of 5.875% notes due 2026; made $15M amortization payments on Term Loans D and F.","Expects $29M non-cash impairment on WANF intangible assets due to CBS affiliation loss on Aug 16, 2025.","Offers $750M senior secured second lien notes due 2032 to redeem all 7.000% 2027 notes and repay Term Loan F."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.95,"consensus_revenue_estimate":null,"consensus_revenue_actual":1554000000.0,"consensus_period":"2025-Q2","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":466171698.1916461,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":164777,"accession_number":"0001437749-25-019117","cik":43196,"company_name":"GRAY MEDIA, INC","ticker":"GTN","form_type":"8-K","filed_at":"2025-06-02T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"Gray Media renews CBS affiliations for 52 stations; 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no material new info","summary_kind":"llm","event_type":"other","confidence":"low","bullets":["Slides furnished as Exhibit 99.1 for use in presentations to prospective investors beginning May 8, 2025.","Filing does not include updated financial guidance, M&A plans, or operational changes.","No earnings release, dividend change, or leadership transition announced in this filing."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.1,"calibrated_materiality_score":0.1,"market_cap_usd":466171698.1916461,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":164775,"accession_number":"0001437749-25-015254","cik":43196,"company_name":"GRAY MEDIA, INC","ticker":"GTN","form_type":"8-K","filed_at":"2025-05-08T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"Gray Media declares quarterly cash dividend of $0.08 per share","summary_kind":"llm","event_type":"dividend","confidence":"high","bullets":["Quarterly cash dividend of $0.08 per share on common stock and Class A common stock.","Dividend payable June 30, 2025, to shareholders of record on June 13, 2025.","Board of Directors authorized the dividend on May 8, 2025."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.15,"calibrated_materiality_score":0.15,"market_cap_usd":466171698.1916461,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":164774,"accession_number":"0001437749-25-015250","cik":43196,"company_name":"GRAY MEDIA, INC","ticker":"GTN","form_type":"8-K","filed_at":"2025-05-08T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Gray Media Q1 revenue $782M, down 5% YoY; net loss $22M vs net income $75M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net loss attributable to common stockholders $22M ($0.23 loss per share) vs net income $75M ($0.80) in Q1 2024.","Adjusted EBITDA $160M (down 19% YoY); total revenue $782M (down 5%), above high end of guidance.","Retransmission consent revenue $379M (flat YoY); core advertising $344M (down 8% due to Super Bowl and Leap Day).","Political advertising $13M (down 52% YoY, but 225% above guidance high end, driven by Wisconsin).","Q2 2025 guidance: core ad down mid-single digits, political $2-3M vs $47M; cost savings exceeding $60M annualized."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.23,"consensus_revenue_estimate":null,"consensus_revenue_actual":782000000.0,"consensus_period":"2025-Q1","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":466171698.1916461,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":164773,"accession_number":"0001437749-25-015140","cik":43196,"company_name":"GRAY MEDIA, INC","ticker":"GTN","form_type":"8-K","filed_at":"2025-05-07T23:59:59+00:00","items":["5.02","5.07","9.01"],"status":"ready","headline":"Gray Media shareholders approve amended equity plan, adding 5.7M common and 3.1M Class A shares","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Shareholders approved Plan amendment increasing common share reserve by 5,720,088 to total 11,220,088 shares.","Class A common share reserve increased by 3,080,047 to total 5,280,047 shares.","Plan termination extended to 10th anniversary of approval (May 7, 2035); 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no material new disclosures","summary_kind":"llm","event_type":"other","confidence":"low","bullets":["Company to begin prospective investor meetings on February 27, 2025.","Slides referenced in 8-K but their content is not provided in this filing.","No financial guidance, material events, or operational updates disclosed.","Filing is a routine Regulation FD disclosure; no stock-moving information."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.1,"calibrated_materiality_score":0.1,"market_cap_usd":466171698.1916461,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":182479,"accession_number":"0001437749-25-005350","cik":43196,"company_name":"GRAY MEDIA, INC","ticker":"GTN","form_type":"8-K","filed_at":"2025-02-27T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"Gray Media declares $0.08 quarterly cash dividend payable March 31","summary_kind":"llm","event_type":"dividend","confidence":"high","bullets":["Quarterly dividend of $0.08 per share on common stock and Class A common stock.","Payable March 31, 2025 to shareholders of record as of March 14, 2025.","Dividend authorized by Board of Directors on February 27, 2025.","Gray Media common and Class A common trade on NYSE under GTN and GTN.A."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.3,"market_cap_usd":466171698.1916461,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":182478,"accession_number":"0001437749-25-005348","cik":43196,"company_name":"GRAY MEDIA, INC","ticker":"GTN","form_type":"8-K","filed_at":"2025-02-27T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Gray Media Q4 net income $156M, political revenue $250M; debt reduced $520M in 2024","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q4 total revenue $1,045M (+21% YoY); net income $156M vs. $(22)M loss in Q4 2023.","Political advertising revenue $250M (+658% YoY); full-year political $497M, highest among peers.","Core advertising $380M (-8% YoY) due to political displacement; retransmission $361M (-1%).","Adjusted EBITDA $402M (+86% YoY); debt reduced by $520M in 2024; leverage ratio 5.49x.","Q1 2025 guidance: revenue $764-775M, core advertising $342-347M; cost cuts targeting $60M run-rate."],"consensus_eps_estimate":null,"consensus_eps_actual":3.36,"consensus_revenue_estimate":null,"consensus_revenue_actual":3644000000.0,"consensus_period":"2024-FY","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":466171698.1916461,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":182482,"accession_number":"0001437749-25-000051","cik":43196,"company_name":"GRAY MEDIA, INC","ticker":"GTN","form_type":"8-K","filed_at":"2025-01-02T23:59:59+00:00","items":["5.03","9.01"],"status":"ready","headline":"Gray Television changes name to Gray Media, effective Jan 1, 2025","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["Name change to Gray Media, Inc. effective 12:01 a.m. on Jan 1, 2025.","Board unanimously approved the change; no shareholder vote required under Georgia law.","Trading symbols (GTN, GTN.A) and CUSIPs unchanged; new name expected on NYSE from Jan 10, 2025.","Exec Chair cites diversification beyond broadcast; change aligns with common internal/external usage."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.15,"calibrated_materiality_score":0.15,"market_cap_usd":466171698.1916461,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":199096,"accession_number":"0001437749-24-038532","cik":43196,"company_name":"GRAY MEDIA, INC","ticker":"GTN","form_type":"8-K","filed_at":"2024-12-30T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"Gray Television renews all ABC affiliate agreements through December 31, 2028 across 25 markets","summary_kind":"llm","event_type":"other_material","confidence":"medium","bullets":["Renewed multiyear agreements with The Walt Disney Company cover all 25 Gray ABC-affiliated stations.","Agreements extend network affiliations through December 31, 2028, strengthening long-term partnership.","No financial terms of the renewal were disclosed in the press release.","Stations covered include WWSB, WBAY-TV, WTVG, KCRG-TV, KOLO-TV, and 20 others across the U.S.","Gray President & Co-CEO Pat LaPlatney cited commitment to public service and community service."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":466171698.1916461,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":199095,"accession_number":"0001437749-24-035877","cik":43196,"company_name":"GRAY MEDIA, INC","ticker":"GTN","form_type":"8-K","filed_at":"2024-11-20T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"Gray Television reduces debt $519M YTD; 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