QAV America 17 – Gray Gold: Finding Value in America’s Forgotten TV Empire (GTN)

07/08/2025 36 min
QAV America 17 – Gray Gold: Finding Value in America’s Forgotten TV Empire (GTN)

Listen "QAV America 17 – Gray Gold: Finding Value in America’s Forgotten TV Empire (GTN)"

Episode Synopsis

In Episode 17 of QAV America, Cameron and Tony dive deep into the murky waters of the US media landscape with a pulled pork on Gray Television (GTN) — a classic “cigar butt” Berkshire-style stock that’s generating mountains of cash, trading at absurdly cheap levels, and doubling down on local television and film production while Wall Street yawns. They dissect Gray’s sprawling empire of local stations, film studios, and sports networks, and discuss how its political ad revenue, cash flow, and real estate assets might be wildly mispriced. It’s old media, new math, and some good old-fashioned cynicism.