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Cord-cutting is speeding up in a "turn for the worst" for pay TV providers, Wells Fargo says, and the news isn't likely to improve any time soon. The exodus from pay television will remain "elevated given all the content shifting to streaming, and consumers looking to trim their sub...
US broadcaster Tegna is getting acquired by a consortium of PE buyers, including Standard General and Apollo. The merger arbitrage setup is currently offering a ~37% annualized return if the transaction closes before the end of the year. Regulatory approval seems likely as the com...
Seth Klarman's Baupost Fund recently in its 13F filing indicated new positions in New Oriental Education & Technology ( EDU ) with 8M shares, Amazon ( AMZN ) with 0.6M shares; the fund has a total worth of $6.77B. For further details see: Baupost takes new positi...
Seth Klarman’s 13F portfolio value decreased from $9.30B to $6.77B this quarter. Baupost Group added Warner Bros. Discovery and Amazon while reducing Alphabet, Intel Corp., Nexstar Media, and Verint Systems. The portfolio continues to be heavily concentrated with the top th...
ATLANTA, Aug. 09, 2022 (GLOBE NEWSWIRE) -- Gray Television, Inc. (“Gray,” “we,” “us” or “our”) (NYSE: GTN) announced today that Michelle Robinson Harper will join Gray as the General Manager of WBTV (CBS) in Charlotte, North Caroli...
Q2 exceeds expectations. The company reported quarterly revenue of $868 million, 11% above our estimate of $782 million. Adj. EBITDA was also strong, at $309 million, which beat our estimate of $280 million by 10.4%. Inundated with Political. The skeptical management became a believer that Pol...
Image source: The Motley Fool. Gray Television (NYSE: GTN) Q2 2022 Earnings Call Aug 05, 2022 , 11:00 a.m. ET Operator Continue reading For further details see: Gray Television (GTN) Q2 2022 Earnings Call Transcript
Gray Television, Inc. (GTN) Q2 2022 Earnings Conference Call August 5, 2022 11:00 a.m. ET Company Representatives Hilton Howell - Executive Chairman, Chief Executive Officer Pat LaPlatney - President, Co-CEO Kevin Latek - Chief Legal and Development Officer J...
ATLANTA, Aug. 05, 2022 (GLOBE NEWSWIRE) -- Gray Television, Inc. (“Gray,” “we,” “us” or “our”) (NYSE: GTN) today announced its strong financial results for the second quarter ended June 30, 2022, including a 231% increase in net in...
Gray Television ( NYSE: GTN ) is scheduled to announce Q2 earnings results on Thursday, August 4th, before market open. The consensus EPS Estimate is $0.90 (+233.3% Y/Y) and the consensus Revenue Estimate is $854.97M (+56.3% Y/Y). Over the last 2 years, GTN has beate...
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CLEVELAND, July 25, 2024 (GLOBE NEWSWIRE) -- Rock Entertainment Group (REG), the umbrella entity that houses Dan Gilbert’s sports and entertainment properties under the ROCK Family of Companies, and Gray Media (“Gray”) (NYSE: GTN), owner of WOIO and WUAB in Cleveland and WX...
ATLANTA, July 18, 2024 (GLOBE NEWSWIRE) -- The Harlem Globetrotters and Gray Media (NYSE:GTN) proudly announce the live broadcast of a Harlem Globetrotters game from their historic sports residency at American Dream in New Jersey on August 18, 2024. The event tips off at 7pm ET on local televisio...
2024-07-18 01:00:00 ET Stock Traders Daily has produced this trading report using a proprietary method. This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This...