Business Summary
Gray Media, Inc. (formerly Gray Television, Georgia corporation incorporated 1897) is the nation's largest owner of top-rated local television stations, operating in 114 full-power television markets reaching ~37% of U.S. TV households. The company owns 77 markets with the #1 rated station and 97 with #1 or #2 rated stations. Gray also owns Gray Digital Media (full-service digital agency), video production companies (Raycom Sports, Tupelo Media Group, PowerNation Studios), and studio production facilities (Assembly Atlanta, Third Rail Studios).
Products & Services
- Local television broadcasting (primary Big Four affiliations: CBS ~37% of revenue, NBC ~27%, FOX ~14%, ABC ~11%)
- Local news programming (key brand differentiator)
- Telemundo Affiliate group (47 markets, 1.6M+ Hispanic TV households — largest Telemundo affiliate group)
- Secondary digital channels (CW, MY Network, MeTV, THE365, Outlaw, others)
- Gray Digital Media: digital marketing agency for national and local clients
- Video...
AI-generated summary of Item 1 (Business) from the 10-K filed Feb 26, 2026 — View filing on SEC.gov. May contain errors — refer to the filing for authoritative information.
Across SEC filings
Institutional holders · 13F
Q2 2026| Largest holders | Reported value |
|---|---|
| MILLER VALUE PARTNERS LLC | $28.8M |
| CAPITAL MANAGEMENT CORP VA | $28.1M |
| BlackRock Inc | $27.8M |
| DIMENSIONAL FUND ADVISORS LP | $18.5M |
| Retirement Systems of Alabama | $16.4M |
5%+ holders · 13D/G
4 filers| Filer | % of class | Filed |
|---|---|---|
| MILLER VALUE PARTNERS LLC 13G | 8.1% | 2026-08-07 |
| CAPITAL MANAGEMENT CORP VA 13G | 7.6% | 2026-07-06 |
| DIMENSIONAL FUND ADVISORS LP 13G | 5.3% | 2025-07-15 |
| BlackRock Inc 13G | 6.9% | 2025-04-24 |
Latest Schedule 13D or 13G from each filer; stakes a filer has reported closed are left out.
Federal lobbying · LD-2
Insider trades · Form 4
Annual results · 10-K
Fiscal 2025- Revenue
- $3.1B
- Net loss
- -$85.0M
As reported in the fiscal 2025 annual report.