Gray Media, Inc.

Gray Media, Inc. (NYSE: GTN), headquartered in Atlanta, Georgia, is a premier American multimedia company and the nation's largest owner of top-rated local television stations. Operating under its current corporate identity—having rebranded from Gray Television in January 2025 to reflect its increasingly diverse footprint—the company serves 117 full-power television markets that collectively reach approximately 37% of U.S. television households. Gray Media stands as a powerhouse in local broadcasting, maintaining the number one or two highest-rated television stations in the vast majority of its markets, alongside operating the largest group of Telemundo affiliates in the country.

The company's operations are strategically divided between its expansive Broadcasting and Production segments. Beyond its core local news and television network affiliations, Gray Media owns a robust portfolio of video production, event, and content companies, including Raycom Sports, Tupelo Media Group, and PowerNation Studios. It also operates major film and television production facilities, most notably the sprawling Assembly Atlanta complex and Third Rail Studios. Complementing its broadcast reach, the company runs Gray Digital Media, a full-service agency providing advanced digital marketing strategies and streaming solutions to local and national clients.

Guided by Executive Chairman and CEO Hilton H. Howell, Gray Media is currently focused on disciplined capital allocation, strategic market expansion, and digital innovation. Moving through 2026, the company is heavily capitalizing on a highly favorable political advertising cycle to execute its deleveraging strategy while smoothly integrating targeted acquisitions, such as WBBJ-TV in Tennessee. Furthermore, Gray Media continues to adapt to modern viewer habits by prioritizing new personalized streaming infrastructures, securing highly lucrative live sports rights—including recent free, over-the-air simulcast partnerships with the Atlanta Braves and Cincinnati Reds—and consistently delivering award-winning local journalism.