This is a routine content licensing deal with no disclosed financial terms. Monitor Gray's next quarterly earnings for any commentary on advertising revenue or subscriber impact from this partnership. No immediate trading catalyst.
Price Chart
Executive Summary
Gray Media announced a partnership with the Orlando Magic to broadcast approximately 70 regular season games over-the-air in Gainesville, Panama City, and Tallahassee during the 2026-27 season. This is a routine content distribution deal that expands Gray's sports programming footprint in Florida but does not include financial terms or material revenue guidance. The announcement is neutral for Gray's stock given the absence of disclosed deal value or financial impact.
Key Facts
- Gray Media will telecast approximately 70 Orlando Magic regular season games in Gainesville, Panama City, and Tallahassee during the 2026-27 season.
- Games will air on WTGB 34.3, WJHG 7.6, and WCTV 6.3, all affiliated with the 365BLK network.
- Select games will also air on Gray's ABC, NBC, CBS, and MyNetwork stations in these markets.
- No financial terms, deal value, or revenue guidance were disclosed in the press release.
- Gray Media is the largest owner of top-rated local TV stations in the U.S., reaching ~37% of TV households.
Financial Impact
No financial terms disclosed; deal value not stated.
Risk Factors
- No disclosed financial terms — revenue contribution may be immaterial.
- Partnership covers only three Florida markets, limiting overall impact on Gray's nationwide portfolio.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 press release from GlobeNewswire.
| Document | Accession Number |
|---|---|
| PRESS-RELEASE Data (Synthetic) | press-3355295 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 26, 2026 1d ago | Press Release | $4.55 | awaiting T+5 | — | $4.31 (−5.17%) |
Oct 20, 2026 7d ago | Press Release | $4.63 | awaiting T+5 | — | $4.31 (−6.91%) |
Oct 15, 2026 12d ago | Press Release | $4.46 $4.70 | ▲ +5.38% | ▲ +6.40% | $4.31 (−3.36%) |
Oct 9, 2026 17d ago | 8-K | $4.43 $4.48 | ▲ +1.13% | ▲ +2.62% | $4.31 (−2.71%) |
Oct 9, 2026 18d ago | 8-K | $4.54 $4.38 | ▼ −3.52% | ▼ −1.56% | $4.31 (−5.07%) |
Oct 2, 2026 24d ago | Press Release | $4.54 $4.54 | · 0.00% | ▼ −1.16% | $4.31 (−5.07%) |
Sep 28, 2026 29d ago | 8-K | $4.59 $4.63 | ▲ +0.87% | ▼ −0.33% | $4.31 (−6.10%) |
Sep 28, 2026 29d ago | Press Release | $4.59 $4.63 | ▲ +0.87% | ▼ −0.33% | $4.31 (−6.10%) |
Sep 28, 2026 29d ago | Press Release | $4.59 $4.63 | ▲ +0.87% | ▼ −0.33% | $4.31 (−6.10%) |
Sep 23, 2026 4w ago | Press Release | $4.58 $4.50 | ▼ −1.75% | ▼ −1.07% | $4.31 (−5.90%) |
US Market Status
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