Gray Media Updates Q2 Guidance As New Note Offer Surfaces

Updated at 2:30pm Eastern

In a move directly linked to a private offering of senior secured second lien notes, announced prior to the start of trading on the NYSE Tuesday, Atlanta-based Gray Media has offered a “pre-issue” of its yet-to-be-completed second quarter 2025 results.

It is not a delay, as RBR+TVBR had initially reported. And, the data indicate better guidance than the company previously indicated.

To our readers: A previous version of this story contained erroneous information regarding the status of Gray Media’s second quarter 2025 earnings release. RBR+TVBR apologizes for the error and for any confusion it may have caused to the company and its investors.