Gray Media has expanded its partnership with Telemundo, adding new affiliates and enhancing Spanish-language content reach.
Quiver AI Summary
Gray Media has announced a multi-year affiliation agreement with Telemundo Network, enhancing their partnership as Telemundo's largest affiliate group. The agreement introduces new local affiliates in Dayton, Ohio; Chattanooga, Tennessee; and Lafayette, Louisiana, expanding Gray's reach to over 1.6 million Hispanic TV households nationwide. This initiative aims to provide tailored news and entertainment programming, including locally produced Spanish-language newscasts. Susan Sim Oh, SVP of Strategy and Operations, emphasized Gray's commitment to serving the Hispanic community and delivering quality content, aligning with the company's mission to be a trusted news source. Gray Media operates extensively in local television and digital markets, making it a significant player in the local Spanish-language news landscape in the U.S.
Potential Positives
- Gray Media has expanded its partnership with Telemundo, enhancing its position as the largest Telemundo affiliate group, which is significant for brand recognition and market presence.
- The new affiliation adds local affiliates in key markets, increasing accessibility to Spanish-language content for over 1.6 million Hispanic TV households, demonstrating a commitment to serving diverse communities.
- Gray Media's commitment to providing comprehensive news and entertainment programming tailored to US Hispanics aligns with the growing demand for localized Spanish-language media, potentially boosting viewership and advertising revenue.
Potential Negatives
- Expansion into new local affiliates may divert resources and attention from existing stations, potentially impacting overall performance in those markets.
- The increased reliance on affiliation agreements may suggest a vulnerability in Gray Media’s own content production capabilities.
- Competition with other local broadcasters could intensify, possibly leading to market share erosion in key demographics.
FAQ
What is the new agreement between Gray Media and Telemundo?
Gray Media has entered a multi-year affiliation agreement with Telemundo, expanding their existing partnership and adding new affiliates.
How many Hispanic households does Gray's Telemundo portfolio reach?
Gray’s expanded Telemundo portfolio reaches over 1.6 million Hispanic TV households across the United States.
What type of programming will Gray Media provide with Telemundo?
Gray Media will deliver comprehensive news and entertainment programming tailored to US Hispanics, including local Spanish-language newscasts.
What sports events will Telemundo cover under this agreement?
Telemundo is the exclusive Spanish-language broadcaster for the FIFA World Cup 2026™ and Super Bowl LX.
What is the mission of Gray Media in serving communities?
Gray Media aims to be the trusted news source in every community, emphasizing commitment to serving growing viewer segments.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$GTN Insider Trading Activity
$GTN insiders have traded $GTN stock on the open market 1 times in the past 6 months. Of those trades, 0 have been purchases and 1 have been sales.
Here’s a breakdown of recent trading of $GTN stock by insiders over the last 6 months:
- RICHARD LEE BOGER sold 20,000 shares for an estimated $116,460
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$GTN Revenue
$GTN had revenues of $749M in Q3 2025. This is a decrease of -21.16% from the same period in the prior year.
You can track GTN financials on Quiver Quantitative's GTN stock page.
$GTN Hedge Fund Activity
We have seen 104 institutional investors add shares of $GTN stock to their portfolio, and 100 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- FMR LLC added 3,112,082 shares (+8189.5%) to their portfolio in Q3 2025, for an estimated $17,987,833
- CHARLES SCHWAB INVESTMENT MANAGEMENT INC added 1,280,205 shares (+43.9%) to their portfolio in Q3 2025, for an estimated $7,399,584
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$GTN Analyst Ratings
Wall Street analysts have issued reports on $GTN in the last several months. We have seen 3 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
- Benchmark issued a "Buy" rating on 11/10/2025
- Barrington Research issued a "Outperform" rating on 09/23/2025
- Guggenheim issued a "Buy" rating on 08/14/2025
To track analyst ratings and price targets for $GTN, check out Quiver Quantitative's $GTN forecast page.
$GTN Price Targets
Multiple analysts have issued price targets for $GTN recently. We have seen 5 analysts offer price targets for $GTN in the last 6 months, with a median target of $7.0.
Here are some recent targets:
- Daniel L. Kurnos from Benchmark set a target price of $10.0 on 11/10/2025
- Steven Cahall from Wells Fargo set a target price of $5.5 on 11/10/2025
- Patrick Sholl from Barrington Research set a target price of $6.5 on 09/23/2025
- Curry Baker from Guggenheim set a target price of $7.0 on 08/14/2025
Full Release
ATLANTA, Feb. 05, 2026 (GLOBE NEWSWIRE) -- Gray Media has entered into a multi-year affiliation agreement with Telemundo Network that extends an expanded partnership between Telemundo’s largest affiliate group and the popular Spanish-language television network that is also the exclusive Spanish-language home of popular sporting events such as the FIFA World Cup 2026™ and Super Bowl LX.
The new agreement includes new local affiliates in Dayton, Ohio (WZCD-LD); Chattanooga, Tennessee (WTVL-CD, WDNN-CD); and Lafayette, Louisiana (KNGC-LD), on Gray-owned stations in those markets. Gray’s expanded Telemundo portfolio now reaches over 1.6 million Hispanic TV households across the country, delivering comprehensive news and entertainment programming tailored to US Hispanics including the first and/or only Spanish-language locally produced newscasts in numerous markets.
“This expanded relationship with Telemundo demonstrates Gray’s deep commitment to serving this fast-growing viewer and business segment in America,” said Susan Sim Oh, SVP of Strategy and Operations of the Gray Telemundo Affiliate Station Group. “We are excited to continue our strong partnership with Telemundo to deliver high-quality Spanish-language content, sports, and news that resonates with US Hispanic audiences. This growth directly reflects our corporate mission to be the trusted news source in every community we serve.”
Gray Media’s Telemundo stations deliver more than 1,100 hours of local Spanish-language news and investigative news programs each month across all markets and have more than 50 million digital impressions annually across local news sites and apps, making it one of the most important local Spanish-language news operations in America.
About Gray Media:
Gray Media, Inc. (NYSE: GTN) is a multimedia company headquartered in Atlanta, Georgia. The company is the nation’s largest owner of top-rated full-power local television stations and digital assets serving 113 television markets that collectively reach approximately 37 percent of US television households. The portfolio includes 78 markets with the top-rated television station and 99 markets with the first and/or second highest rated television station during 2024, as well as the largest Telemundo Affiliate group with 47 markets. The company also owns Gray Digital Media, a full-service digital agency offering national and local clients digital marketing strategies with the most advanced digital products and services. Gray’s additional media properties include video production companies Raycom Sports, Tupelo Media Group, and PowerNation Studios, and studio production facilities Assembly Atlanta and Third Rail Studios. For more information, please visit www.graymedia.com.
Contact:
Susan Sim Oh
, SVP Strategy & Operations, Gray Telemundo Affiliate Station Group, [email protected]
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