{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-24-005289","form_type":"8-K","ticker":"GTN","cik":"0000043196","company_name":"GRAY MEDIA, INC","filed_at":"2024-02-23T23:59:59+00:00","discovered_at":"2026-05-14T18:03:26.617516+00:00","generated_at":"2026-06-05T17:45:58.779575+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Gray TV Q4 revenue $864M, net loss $22M; Q1 guidance strong; CFO succession plan","bullets":["Q4 total revenue $864M, down 19% YoY due to political comp, but up 20% vs 2021; core ad +2% YoY; net loss $22M ($0.24/share).","Q1 2024 guidance: total revenue $810-830M, core ad $365-375M (low-mid single digit growth), retrans $375-380M, political $30-33M.","CFO Jim Ryan to retire after 2025; Jeff Gignac hired as EVP Finance Apr 1, 2024, to become CFO Jul 1, 2024.","BMI sale closed Feb 8, 2024, net $110M pre-tax; $50M used to pay down revolver; credit facility upsized to $625M.","NBCUniversal began lease at Assembly Studios; $52M capex expected in 2024 for studio complex; $31M in incentive payments."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-24-005289","json":"https://secwatch.observer/filing/0001437749-24-005289.json","markdown":"https://secwatch.observer/filing/0001437749-24-005289.md","text":"https://secwatch.observer/filing/0001437749-24-005289.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/43196/000143774924005289/0001437749-24-005289-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/43196/000143774924005289/gtn20240220c_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-05T17:45:58.779575+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"a37a8c33b3db4cf9673b45596b387e42f79f7814","claim":"GRAY MEDIA, INC reported the fourth quarter ended December 31, 2023 results: revenue $864 million, net income $22 million, EPS $0.24 per share.","evidence_excerpt":"Inc. ( “ Gray, ” “ we, ” “ us ” or “ our ” ) (NYSE: GTN) today announced strong financial results for the fourth quarter ended December 31, 2023, including total revenue of $864 million, which was in-line with the high end of our revenue guidance and total operating expenses (before depreciation, amortization, impairment and loss on disposal of assets) of $664","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/43196/000143774924005289/0001437749-24-005289-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the fourth quarter ended December 31, 2023"},{"label":"Revenue","value":"$864 million"},{"label":"Net income","value":"$22 million"},{"label":"EPS","value":"$0.24 per share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}