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PRESS-RELEASE ·Filed Sep 21, 2026

GTN

Gray Media
NEUTRAL
Impact 3/10
Horizonmonths Processed1mo ago WireGlobeNewswire
Press release · Announcement
Actionable Insight • Neutral

Monitor Gray Media's next quarterly filing for any mention of sports rights revenue or costs associated with this renewed OVC partnership. The deal is small relative to Gray's overall scale (117 markets) and is unlikely to move the stock.

DirectionNeutral
Confidencemedium
Horizonmonths
Latest settled — T+20d
GTN ▼ -3.03% at T+20d
NEUTRAL call -3.03% · α vs SPY -2.12% · entry $4.62 → $4.48
Next anchor: T+60d in 7w
Latest observation: T+24 -3.41% FF3 residual α
Entry = T+0 close
Sep 21, 2026
via day close
T+1d
+0.65%
call +0.65% · α +0.66%
$4.65
settled 5w ago
T+5d
-0.65%
call -0.65% · α +0.37%
$4.59
settled 29d ago
T+20d
-3.03%
call -3.03% · α -2.12%
$4.48
settled 8d ago
T+60d
Pending
in 7w

Price Chart

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Executive Summary

Gray Media renewed its multi-year partnership with the Ohio Valley Conference to broadcast OVC athletic events across twenty Gray markets in eight states, with national simulcast on ESPN+. The deal expands coverage to include men's and women's soccer and volleyball in addition to basketball, but no financial terms were disclosed.

Key Facts

  • Renewed multi-year partnership with Ohio Valley Conference for broadcast rights across 20 Gray markets in 8 states
  • Package includes men's and women's basketball, plus expanded coverage with men's soccer, women's soccer, and volleyball
  • All games will be simulcast nationally on ESPN+ and the ESPN app without digital blackouts
  • Financial terms of the deal were not disclosed

Financial Impact

Undisclosed — no financial terms provided in the press release

revenue

Risk Factors

  • No financial terms disclosed — revenue contribution is uncertain and likely immaterial
  • Sports rights costs could pressure margins if not offset by advertising or subscriber revenue

Investment Themes

Media & Telecom

Documents Analyzed

This report is based on 1 press release from GlobeNewswire.

DocumentAccession Number
PRESS-RELEASE Data (Synthetic)press-3365774
43 reports for GTN
Performance horizon
75% Hit rate @ T+5 3 of 4 directional calls Went positive at some point 3 of 4 best @ T+60▲ +22.02%Mar 11, 2026
Filters
Rows
Reports for GTN — sortable, filterable
TypeNow
Oct 26, 2026
1d ago
Press Release
NEUTRAL ★ 2/10
$4.55awaiting T+5—$4.39 (−3.41%)
Oct 20, 2026
7d ago
Press Release
NEUTRAL ★ 3/10
$4.63awaiting T+5—$4.39 (−5.18%)
Oct 15, 2026
12d ago
Press Release
NEUTRAL ★ 3/10
$4.46 $4.70▲ +5.38%▲ +6.40%$4.39 (−1.57%)
Oct 9, 2026
17d ago
8-K
MIXED ★ 6/10
$4.43 $4.48▲ +1.13%▲ +2.62%$4.39 (−0.90%)
Oct 9, 2026
18d ago
8-K
NEUTRAL ★ 5/10
$4.54 $4.38▼ −3.52%▼ −1.56%$4.39 (−3.30%)
Oct 2, 2026
24d ago
Press Release
NEUTRAL ★ 2/10
$4.54 $4.54· 0.00%▼ −1.16%$4.39 (−3.30%)
Sep 28, 2026
29d ago
8-K
BULLISH ★ 6/10
$4.59 $4.63▲ +0.87%▼ −0.33%$4.39 (−4.36%)
Sep 28, 2026
29d ago
Press Release
MIXED ★ 5/10
$4.59 $4.63▲ +0.87%▼ −0.33%$4.39 (−4.36%)
Sep 28, 2026
29d ago
Press Release
NEUTRAL ★ 2/10
$4.59 $4.63▲ +0.87%▼ −0.33%$4.39 (−4.36%)
Sep 23, 2026
4w ago
Press Release
NEUTRAL ★ 3/10
$4.58 $4.50▼ −1.75%▼ −1.07%$4.39 (−4.15%)
Showing 10 of 43

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Report published Sep 21, 2026