News of Note—Tegna, Gray Television, Microsoft and Netflix

Here are the other stories we're following today:

> Tegna today announced quarterly results that were highlighted by a 12% increase in revenues year over year. Release

> Gray Television reported first-quarter revenue of $226.3 million, increasing $22.8 million, or 11%, from the first quarter of 2017. TVNewsCheck article

> Microsoft will attempt to buy Netflix in an effort to crack into the streaming business, veteran media analyst Porter Bibb predicted on Tuesday. CNBC article

> The Special Projects Desk of Gizmodo Media Group, which is owned by Univision, put together a particularly brutal account on the current state of Univision. Article