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Strategies & Market Trends : Value Investing

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Sean Collett
To: Sean Collett who wrote (75058)2/8/2024 1:04:30 PM
From: E_K_S1 Recommendation  Read Replies (1) of 78751
 
Re: GTN

Gray Television Statement on Newly Announced Streaming Service

ATLANTA, Feb. 07, 2024 (GLOBE NEWSWIRE) -- Gray Television, Inc. (“Gray”) (NYSE: GTN) issued the following statement today in response to numerous...

That deal may actually play into Gray's expansion plan into streaming. The DIS & FOX deal initially may not add any significant revenues to Gray, it may/could get more viewers/subscribers to their own platform and/or allow Gray to monetize their local sports broadcasts. It's more about the general move to streaming.

There is/was some mention by the sports bettors that there is a lag in the sport streaming services that can impact their betting and they prefer 'Live' real time broadcast. Not sure GTN can fix that lag using their own platform.
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