Tegna Inc. Explained

Tegna Inc.
Type:Public
Predecessor:Broadcasting arm of the Gannett Company
Hq Location City:Tysons, Virginia
Hq Location Country:U.S.
Revenue Year:2023
Income Year:2023
Net Income Year:2023
Assets Year:2023
Equity Year:2023
Num Employees Year:2023
Subsid:King Broadcasting Company
Footnotes:[1] [2]

Tegna Inc. (stylized in all caps as TEGNA) is an American publicly traded broadcast, digital media and marketing services company headquartered in Tysons Corner, Virginia.[3] [4] It was created on June 29, 2015, when the Gannett Company split into two publicly traded companies. Tegna comprised the more profitable broadcast television and digital media divisions of the old Gannett, while Gannett's publishing interests were spun off as a "new" company that retained the Gannett name. Tegna owns or operates 68 television stations in 54 markets, and holds properties in digital media.

In terms of audience reach, Tegna is the largest group owner of NBC-affiliated stations, ahead of Hearst Television and Sinclair Broadcast Group, and the fourth-largest group owner of ABC affiliates, behind Hearst, the E. W. Scripps Company, and Sinclair. Tegna also owns two digital multicast networks (True Crime Network, Quest).

History

In June 2015, Gannett spun off its broadcasting division. Robert Dickey – who led Gannett's newspaper group – would continue as CEO of the company as a sole newspaper publisher, leaving the former broadcasting and digital operations under the leadership of Gracia Martore. In a statement, she explained that the split plans were "significant next steps in our ongoing initiatives to increase shareholder value by building scale, increasing cash flow, sharpening management focus, and strengthening all of our businesses to compete effectively in today's increasingly digital landscape". Additionally, the company announced that it would buy out the remainder of Classified Ventures (a joint venture between Tegna and several other media companies) for $1.8 billion, giving it full ownership of properties such as Cars.com.[5] [6]

As part of the separation, the company announced that the broadcasting and digital company would be named Tegna—a partial anagram of "Gannett".[7] The spin-out was structured so that "old" Gannett changed its name to Tegna, Inc., then spun off its newspaper holdings into a "new" Gannett. The split was completed on June 29, 2015. Tegna retained "old" Gannett's stock price history, though it trades under a new ticker symbol, TGNA. The "new" Gannett inherited old Gannett's longtime ticker symbol, GCI.[8] The two companies, however, continued to share a headquarters complex.

Tegna also retained G/O Digital, a digital marketing services brand that it launched in August 2013, and the 20 broadcast stations it acquired from Belo Corporation in December 2013 and the six stations it acquired from London Broadcasting Company in July 2014.[4] [9] [10]

In September 2016, Tegna announced plans to spin off Cars.com to create two independent publicly traded companies. Tegna shareholders approved an initial public offering of Cars.com as a publicly traded spin-off in May 2017.[11] [12] Shortly after, Tegna completed the spin-off of Cars.com, which now trades under a new ticker symbol, CARS.[13] Upon the completion of the spin-off, Dave Lougee, president of Tegna Media, was named president and CEO of Tegna and joined the company's board of directors. Gracia Martore, president and CEO of Tegna, retired and stepped down from the board.[14]

Prior to the company's completion of the spin-off of Cars.com, it was reported by DealReporter that Nexstar Media Group may be considering a bid to acquire Tegna.[15] In June 2017, Tegna announced it had entered into a definitive agreement, together with the other owners of CareerBuilder, to sell CareerBuilder to an investor group led by investments funds managed by affiliates of Apollo Global Management and the board of the Ontario Teachers’ Pension Plan.[16]

Tegna and Cooper Media, parent corporation of the Justice Network, announced on November 7, 2017, a new multicast network, Quest.[17] Tegna would be the charter station group as such would receive a minority stake in the network, which launched in January 2018.[18] The range of programming on the network would be engineering and science, human achievements, military history and natural history.[19]

On December 18, 2017, Tegna announced it would acquire KFMB-AM-FM-TV in San Diego from Midwest Television, Inc. for $325 million, pending approval from the Federal Communications Commission.[20] The acquisition was completed on February 15, 2018.

On August 20, 2018, Tegna agreed to purchase two stations spun off from the Gray Television-Raycom Media merger, CBS affiliate WTOL-TV in Toledo (the sale likely includes rights to an existing shared services agreement with American Spirit Media-owned Fox affiliate WUPW) and NBC affiliate KWES-TV in Odessa in order to alleviate ownership conflicts involving Gray's ownership of ABC affiliate WTVG in the Toledo market and CBS affiliate KOSA-TV in the Odessa market.[21] [22]

In March 2019, Tegna announced its formation of VAULT Studios, its first, in-house digital content studio. The studio's first content would be true crime podcasts, drawing on its station news content.[23]

On March 20, 2019, Tegna entered an agreement with Nexstar Media Group to acquire eleven stations for $740 million in order to reduce Nexstar's national ownership reach under the federally imposed 39% cap and alleviate ownership conflicts with existing Nexstar properties once it completes a merger with Tribune Media. Included are stations WOI-DTKCWI-DT in Des Moines and WQAD-TV, based in Moline, Illinois but also serving neighboring Davenport and Pennsylvania (WPMT/Harrisburg and WNEP-TV/ScrantonWilkes-Barre). Other Nexstar/Tribune stations going to Tegna are WZDX/Huntsville, KFSM-TV/Fort Smith–Fayetteville, WTIC-TVWCCT-TV/Hartford, and WATN-TVWLMT/Memphis.[24] [25] The FCC approved the sale on September 16.[26]

On May 6, 2019, it was reported that Tegna was going to acquire the 85% of the Justice Network and Quest from Cooper Media that it did not own already for $77 Million to close by the end of the second quarter. Cooper Media's president and general manager Brian Weiss transferred to Tegna and continued managing the two networks.[27]

On June 11, 2019, it was reported Tegna Inc. purchased the Dispatch Broadcast Group's television and radio assets, subject to regulatory approval, for $535 million. The purchase includes the WBNS television (CBS affiliate WBNS-TV) and radio (WBNS (AM) and WBNS-FM) stations in Columbus, the Ohio News Network, and NBC affiliate WTHR television in Indianapolis.[28] The sale was approved by the FCC on July 29, 2019,[29] and was completed on August 8.[30]

In December 2019, Tegna agreed to sell KFMB-AM-FM to Local Media San Diego for $5 million;[31] the sale was completed on March 17, 2020.[32]

A carriage dispute with DirecTV, beginning at 7 p.m. ET on December 1, 2020, resulted in the removal of at least 60 Tegna stations in 51 markets, covering about 39% of TV homes, from the DirecTV, AT&T U-verse and AT&T TV services.[33] [34] The dispute was resolved on December 20, 2020.[35]

A carriage dispute with Dish Network, beginning on October 6, 2021, resulted in the removal of at least 64 Tegna stations in 53 markets, covering about nearly 3 million customers.[36] On October 18, Dish Network filed a complaint with the Federal Communications Commission against Tegna.[37] However, on February 4, 2022, Dish Network reached an agreement with Tegna, resulting in all Tegna owned stations returning.[38]

Another carriage dispute with DirecTV in late 2023 resulted in the removal of 66 Tegna stations from the DirecTV, AT&T U-verse, AT&T TV and DirecTV Stream services at 8 p.m. ET on November 30.[39] [40] The dispute was resolved on January 13, 2024.[41] The following month, TEGNA affirmed the dispute with DirecTV caused it to see lower subscription and overall revenue during 2023.[42]

Aborted sale to Standard General and Apollo Global Management

In 2020, activist shareholder Soo Kim, owner of Standard General, began to pursue control over Tegna, citing its "pattern of passivity" on the market.[43] In March 2020, Tegna stated that it had turned down two acquisition offers by Gray Television and Apollo Global Management, stating that "these two parties made their proposals shortly before the recent market dislocation due to the COVID-19 pandemic and both subsequently informed Tegna that they were ceasing discussions". In regards to other rumored offers from Byron Allen and religious broadcaster TBN (the latter in partnership with Jahm Najafi), the company stated that "the other two parties have not signed confidentiality agreements to enable due diligence and have not delivered any information on financing sources".[44]

Kim began to engage in a proxy fight, with Standard General proposing four nominations to Tegna's board of directors at its next shareholders' meeting in April.[45] Tegna's shareholders chose to re-elect all 12 current board members. Kim accepted the result of the vote, stating that the actions had helped to "[challenge] management's narrative about the Company's performance and seeking greater transparency about Tegna's numbers, acquisition metrics, and engagement with third parties".[46] [47] [48] In 2021, Standard General once again put forward nominees to Tegna's board of directors, alleging that the company was underperforming and had issues with diversity, equity, and inclusion; the latter came after a Black nominee put forward by Standard General withdrew, citing a previous incident involving CEO Dave Lougee in 2014.[49] [50] [51] The company stated that Lougee "immediately acknowledged the incident and has stated that he made a mistake, for which he had apologized immediately at the time".

On February 22, 2022, Tegna announced that it had agreed to be taken private by a group led by Standard General and Apollo Global Management for $24 per-share, valuing the company at $5.4 billion. The company, which will retain the Tegna name, will be controlled by an affiliate of Standard General, with Standard Media CEO Deb McDermott (who previously led Young Broadcasting and Media General) becoming CEO. Affiliates of AGM, as well as Cox Media Group (which is principally owned by AGM, with Cox Enterprises as a minority shareholder) and other investors, will hold non-voting shares in the company. Tegna's digital advertising subsidiary Premion will be held as a standalone business between Standard and CMG. The sale includes a clause that will slowly increase the value that Standard and Apollo will pay per-share if the sale takes longer than nine months to close.[52]

The sale will also result in the realignment of station holdings presently associated with both companies: Standard Media's four stations WDKA, WLNE, KBSI, and KLKN will be sold to Cox Media Group, which will then divest its Boston station WFXT to an affiliate of Standard General, and acquire WFAA/KMPX, KHOU/KTBU, and KVUE, from Tegna.[53] [52]

The sale was approved by Standard General and Apollo Global Management on May 17, 2022.[54]

On October 6, 2022, Chair of the House Energy and Commerce Committee Frank Pallone and Speaker of the House Nancy Pelosi issued a letter to the FCC expressing concerns for the transaction, arguing that it "would violate the FCC's mandate by restricting access to local news coverage, cutting jobs at local television stations, and raising prices on consumers". They specifically cited statements by Standard General regarding plans for a Washington, D.C. bureau to produce content for local newscasts, and arguing that Tegna's stations had "too many employees".[55] Standard General responded to the letter, denying that they planned to cut jobs or hub content, and promoting that Tegna would become the largest female-run and minority-owned broadcaster in the United States. They also responded to objections by NewsGuild-CWA describing Standard General as "backed by anonymous investors located in the Cayman Islands", stating that the entirety of its board is represented by U.S. interests.

On February 24, 2023, it was confirmed that FCC staff had referred the deal to an administrative law judge, effectively killing the deal since the hearing process would necessarily run longer than the merger agreement's deadline to close the deal.[56] The deal was terminated on May 22, 2023.[57]

Properties

Tegna owns or operates 68 television stations located in 54 markets (including fourteen duopolies); it also owns two radio stations in Columbus, Ohio.[58] [59] Twenty-two of the company's stations are affiliated with NBC (including one digital subchannel of KBMT and two semi-satellites of KCEN-TV and WCSH), fifteen are affiliated with CBS, thirteen are affiliated with ABC, and six are affiliated with Fox. In addition, the company owns seven CW affiliates (including three digital subchannels of KFMB-TV, KYTX, and WMAZ-TV), three Estrella TV affiliates (including two digital subchannels of KENS and KVUE), ten MyNetworkTV affiliates (including five digital subchannels of KFMB-TV, KIDY, KXVA, WQAD-TV, and WZDX), three independent stations (including two digital subchannels of KTVB and its satellite of KTFT-LD), a low-powered MeTV affiliate, and a Quest owned-and-operated station. It also provides operational services to another Fox affiliate, WUPW in Toledo, through a shared services agreement with that station's owner American Spirit Media (agreements that were carried over from WTOL's previous ownership; ASM had acted in a similar capacity with several stations).

Television stations

Stations are listed alphabetically by state and city of license.

City of license / MarketStationPrimary affiliation
Huntsville, ALWZDX54 (18) 2019 Fox
Flagstaff, AZKNAZ-TV2 (22) 1997 NBC
Phoenix, AZKPNX12 (18) 1979 NBC
Tucson, AZKMSB11 (25) 2015 Fox
KTTU18 (19) 2013 MyNetworkTV
Fort Smith–Fayetteville, ARKFSM-TV5 (18) 2019 CBS
Little Rock, ARKTHV11 (12) 1994 CBS
Sacramento, CAKXTV10 (10) 1999 ABC
San Diego, CAKFMB-TV8 (8) 2018 CBS
Denver, COKUSA9 (9) 1979 NBC
KTVD20 (31) 2006 MyNetworkTV
HartfordNew HavenWaterbury, CTWTIC-TV61 (34) 2019 Fox
20 (33) 2019 The CW
Washington, D.C.WUSA9 (9) 1986 CBS
Jacksonville, FLWJXX25 (10) 2000 ABC
WTLV12 (13)1987[60] NBC
TampaSt. Petersburg, FLWTSP10 (10) 1996 CBS
Atlanta, GA11 (10) 1979 NBC
WATL36 (25) 2006 MyNetworkTV
Macon, GAWMAZ-TV13 (13) 1995 CBS
Boise, IDKTVB7 (7) 2013 NBC
Twin Falls, IDKTFT-LD7.7 (20) 2013 NBC
Moline, ILDavenport, IA8 (31) 2019 ABC
Indianapolis, INWTHR13 (13) 2019 NBC
WALV-CD46 (17) 2019 MeTV
AmesDes Moines, IAWOI-DT5 (5) 2019 ABC
KCWI-TV23 (23) 2019 The CW
Louisville, KYWHAS-TV11 (11)2015ABC
New Orleans, LAWWL-TV4 (27) 2013 CBS
WUPL54 (17) 2013 MyNetworkTV
Portland, MEWCSH6 (31)1998NBC
Bangor, MEWLBZ2 (2)1998NBC
Grand RapidsKalamazoo, MIWZZM13 (13)1997ABC
MinneapolisSaint Paul, MNKARE11 (31)1983NBC
St. Louis, MOKSDK5 (35)1995NBC
Buffalo, NYWGRZ2 (33)1997NBC
Charlotte, NCWCNC-TV36 (24)2013NBC
GreensboroWinston-SalemHigh Point, NCWFMY-TV2 (35)1987CBS
Cleveland, OHWKYC3 (19) 1995 NBC
Columbus, OHWBNS-TV10 (21) 2019 CBS
Toledo, OHWTOL11 (11) 2019 CBS
WUPW36 (26) 2019 Fox
Portland, ORKGW8 (26) 2015 NBC
ScrantonWilkes-Barre, PAWNEP-TV16 (21)2019ABC
YorkHarrisburgLancasterLebanon, PAWPMT43 (36)2019Fox
Columbia, SCWLTX19 (15)1998CBS
Knoxville, TNWBIR-TV10 (10)1995NBC
Memphis, TNWATN-TV24 (25)2019ABC
WLMT30 (31)2019The CW/MyNetworkTV
AbileneSweetwater, TX15 (15) 2014 Fox
Austin, TXKVUE24 (33) 2013 ABC
BeaumontPort ArthurOrange, TX12 (12) 2014 ABC
Corpus Christi, TX3 (8) 2014 ABC
Dallas–Fort Worth, TXWFAA8 (8) 2013 ABC
KMPX29 (30)2020Estrella TV
Houston, TXKHOU11 (11)2013CBS
KTBU55 (33)2020Quest
OdessaMidland, TXKWES-TV9 (9) 2019 NBC
San Angelo, TXKIDY6 (19) 2014 Fox
San Antonio, TXKENS5 (29) 2013 CBS
NacogdochesTylerLongview, TXKYTX19 (15) 2014 CBS
WacoTemple, TXKCEN-TV6 (9) 2014 NBC
BryanCollege Station, TXKAGS-LD23 (23) 2014 NBC
HamptonNorfolkVirginia Beach, VAWVEC13 (13)2013ABC
SeattleTacoma, WAKING-TV5 (25)2013NBC
KONG16 (31)2013Independent
Spokane, WAKREM2 (20)2013CBS
KSKN22 (36)2013The CW

Networks

Radio stations

AM Station FM Station
City of license / MarketStationOwned sinceCurrent format
Columbus, OHWBNS 14602019Sports radio
WBNS-FM 97.12019Sports radio

Television shows

In 2015, Tegna Media test-ran a limited-run informative talk show hosted by Dallas-based bishop T. D. Jakes on its owned stations in Dallas, Atlanta, Minneapolis and Cleveland. The show, titled T.D. Jakes, was co-produced by Debmar-Mercury, Tegna Media, 44 Blue Productions, Jakes' own production company, TDJ Enterprises and EnLight Productions and lasted from August 17, 2016, to September 8, 2017.[61]

On December 9, Tegna greenlit the series for an entire run for the 2016–2017 broadcast season. The series debuted on September 12 on most, if not all Tegna-owned stations, as well as several large markets, including Baltimore (WMAR-TV), Detroit (WMYD), Orlando (WFTV/WRDQ), Chicago (WCIU-TV), San Antonio (KSAT-TV), and San Diego (KGTV). Debmar-Mercury, however, is not participating in the production run, being replaced by independent company Flow Media Partners.[62]

T.D. Jakes ended in September 2017 and was replaced with news and entertainment show Daily Blast Live, which premiered on September 11, 2017.[63]

Other shows Tegna Media has on first-run syndication across most of its stations are Sister Circle (also shown on cable network TV One),[64] and reality competition Sing Like A Star.[65]

In January 2018, Tegna announced a partnership with Sony Pictures Television to handle syndication distribution and advertising sales for its original programs.[66]

Daily Blast Live will conclude its run on September 6, 2024.

Digital sites

Gannett Company spun-off most of its internet media properties to Tegna.[67] When the total internet media division was part of the Gannett Company, it managed the websites for USA Today, as well as Gannett's newspaper and broadcast properties throughout the United States. It owns:

Former digital sites

Former broadcast assets

Television stations

Stations are arranged in alphabetical order by state and city of license. The list includes stations owned by Tegna, Inc. during its former existence as the Gannett Company subsidiary Gannett Broadcasting, Inc.

City of license / marketStationChannel
TV (RF)
Years ownedCurrent status
WALA-TV10 (9)1986Fox affiliate owned by Gray Television
Kingman, AZKMOH-TV6 (19)1997–2004MeTV affiliate owned by Weigel Broadcasting
PhoenixMesa, AZKTVK3 (24)2013–20141, 2Independent station owned by Gray Television
KASW61 (49)2013–20141, 2Independent station owned by the E. W. Scripps Company
Tucson, AZKOLD-TV13 (32)1986CBS affiliate owned by Gray Television
Little Rock, ARKARK-TV4 (32)1979–1983NBC affiliate owned by Nexstar Media Group
Sacramento–StocktonModesto, CAKOVR13 (25)1958–1959CBS owned-and-operated station (O&O)
DanvilleChampaignUrbana, ILWDAN-TV **241953–1960ABC affiliate, WICD, owned by Sinclair Broadcast Group
Rockford, ILWREX-TV13 (13)1963–1969NBC affiliate owned by Allen Media Broadcasting
Fort Wayne, INWPTA21 (24)1979–1983ABC affiliate owned by Gray Television
Louisville, KYWLKY-TV32 (26)1979–1983CBS affiliate owned by Hearst Television
CambridgeBoston, MAWLVI56 (41)1983–1994The CW affiliate owned by Sunbeam Television
St. Louis, MOKMOV4 (24)2013–20141, 2CBS affiliate owned by Gray Television
Binghamton, NYWINR-TV **40 (8)1957–1971Fox affiliate, WICZ-TV, owned by Imagicomm Communications
Rochester, NYWHEC-TV **10 (10)1953–1979NBC affiliate owned by Hubbard Broadcasting
Cincinnati, OHWLWT5 (35)1995–1997NBC affiliate owned by Hearst Television
Oklahoma City, OKKOCO-TV5 (7)1979–1997ABC affiliate owned by Hearst Television
KTVY4 (27)1986NBC affiliate, KFOR-TV, owned by Nexstar Media Group

Cable networks

These cable networks were owned by Belo prior to acquisition by Gannett/Tegna:

Broadcast networks

Radio stations

(a partial listing)

AM Station FM Station
City of license / MarketStationYears ownedCurrent status
Los Angeles, CAKPRZ/KIIS 11501979–1997KEIB, owned by iHeartMedia
KIIS-FM 102.71979–1997Owned by iHeartMedia
San Diego, CAKSDO 11301979–1997Owned by Hi-Favor Broadcasting
KFMB 7602018–2020KGB, owned by iHeartMedia
KFMB-FM 100.72018–2020KFBG, owned by Local Media San Diego
1979–1997KLQV, owned by Univision Communications
Hartford, CTWTHT 1230 **1936–1954Defunct, went silent in 1954, frequency now used by WNEZ
CocoaMelbourne, FLWEZY 13501966–1970WMMV, owned by iHeartMedia
WEZY-FM 99.31966–1970WLRQ-FM, owned by iHeartMedia
TampaSt. Petersburg, FLWDAE 12501987–1997WHNZ, owned by iHeartMedia
WJYW/WUSA-FM 100.71980–1997WMTX, owned by iHeartMedia
Macon, GAWMAZ 9401995–1996WMAC, owned by Cumulus Media
WMAZ-FM/WAYS 99.11995–1996WDEN-FM, owned by Cumulus Media
Chicago, ILWVON/WGCI 13901979–1997WGRB, owned by iHeartMedia
WGCI-FM 107.51979–1997Owned by iHeartMedia
Detroit, MIWLQV 15001979–1986Owned by Salem Media Group
WCZY-FM 95.51979–1986WKQI, owned by iHeartMedia
Kansas City, MOKCMO 8101986–1993WHB, owned by Union Broadcasting
KCMO-FM 94.91986–1993Owned by Cumulus Media
St. Louis, MOKSD/KUSA 5501979–1993KTRS, owned by iHeartMedia
KCFM/KSD 93.71979–1993Owned by iHeartMedia
Danville, ILWDAN 1490sold in 1971Owned by Neuhoff Communications
WDAN-FM 102.1 **1967–1971WDNL, owned by Neuhoff Communications
Albany, NYWABY 1400WAMC, owned by WAMC, Inc.
Binghamton, NYWINR 6801957–1971Owned by iHeartMedia
Elmira, NYWENY 1230 **sold in 1969WMAJ, owned by Seven Mountains Media
WENY-FM 92.7 **1965–1969WCBF 96.1, owned by Seven Mountains Media
Olean, NYWHDL 1450
mid 1930s-late 1950sWOLY, owned by Seven Mountains Media
WHDL-FM 95.7 **1949–late 1950sWPIG, owned by Seven Mountains Media
Rochester, NYWHEC 14601936–1972WHIC, owned by Holy Family Communications
Cleveland, OHWWWE 11001979–1985WTAM, owned by iHeartMedia
WDOK 102.11979–1985Owned by Audacy, Inc.
Marietta, OHWBRJ 9101974–1979WLTP, owned by iHeartMedia
Wilmington, OHWKFI 10901974–early 1980sOwned by Town and Country Broadcasting
Denton–Dallas–Fort Worth, TXKOAI/KHKS 106.11986–1997Owned by iHeartMedia
Houston–Pasadena, TXKKBQ 7901984–1997KBME, owned by iHeartMedia
KKBQ-FM 92.91984–1997Owned by Cox Media Group
BremertonSeattleTacoma, WAKNUA 106.91986–1990KRWM, owned by Hubbard Broadcasting

Notes

Satellites, semi-satellites and translators

References

  1. Web site: TEGNA Leadership Team – Board of Directors . live . https://web.archive.org/web/20180711192806/http://www.tegna.com/our-leadership/ . 2018-07-11 .
  2. Web site: Tegna Inc. 2023 Annual Report (Form 10-K) . 2024-02-29 . U.S. Securities and Exchange Commission.
  3. https://www.tegna.com/contact-us/ Corporate contact
  4. Web site: Gannett Dives Deeper Into Agency Business With 'G/O Digital'. Alex Kantrowitz. Advertising Age. August 13, 2013.
  5. News: Media Giant Gannett to Spin Off USA Today and Print Business. The New York Times. August 5, 2014. August 5, 2014.
  6. News: Gannett Reorganizing, Buying Cars.com. TVNewsCheck. NewsCheck Media. August 5, 2014. August 5, 2014.
  7. News: Gannett to change name to TEGNA amid print unit spinoff. Roger Yu. USA Today. April 21, 2015. April 21, 2015.
  8. Web site: Separation of Gannett into two public companies completed TEGNA. Tegna. June 29, 2015. June 29, 2015.
  9. News: Gannett completes its Belo acquisition. Paul Davidson. USA Today . December 23, 2013.
  10. Web site: Gannett Completes London Broadcasting Buy. TVNewsCheck. NewsCheck Media. July 8, 2014.
  11. Web site: Cars.com Spins Off From Parent TEGNA, Goes Through IPO. Search Marketing Daily. MediaPost Publications. 5 May 2017.
  12. Web site: McLean-based Tegna spins off Cars.com. WTOP-FM. Hubbard Broadcasting. May 5, 2017.
  13. Web site: Tegna completes its Cars.com spinoff. Andy Medici. Washington Business Journal. June 1, 2017.
  14. Web site: Tegna Spins Off Cars.com; Lougee New CEO. Mark K. Miller. TVNewsCheck. June 1, 2017.
  15. Web site: Report: Nexstar may eye bid for Tegna in stations buyout. Jason Aycock. Seeking Alpha. May 26, 2017.
  16. News: Apollo Global-led investor group to buy CareerBuilder. Reuters. June 19, 2017.
  17. News: Miller. Mark K.. Tegna, Cooper Media to Launch Quest Diginet. November 9, 2017. TVNewsCheck. NewsCheck Media. November 7, 2017. en.
  18. News: Lafayette. Jon. Tegna Launching Quest, New Multicast Net, With Cooper. November 9, 2017. Broadcasting & Cable. November 7, 2017.
  19. News: Hayes. Dade. Tegna And Cooper Media Plan Adventure-Themed Multicast Network Quest. November 9, 2017. Deadline Hollywood. November 7, 2017.
  20. Web site: TEGNA to Acquire Midwest Television, Inc.'s Broadcasting Stations in San Diego, CA . December 18, 2017 . TEGNA, Inc. . December 24, 2017.
  21. Web site: Tegna, Scripps in Deals to Buy Network Affiliates. Jon Lafayette. Broadcasting & Cable. August 20, 2018. August 21, 2018.
  22. Web site: Gray Spins Land With Lockwood, TEGNA, Scripps. Adam Jacobson. Radio-Television Business Report. Streamline-RBR, Inc.. August 20, 2018. August 21, 2018.
  23. News: Guaglione . Sara . Tegna Debuts VAULT Studios, Uses TV Reporting To Create Digital Shows . August 21, 2019 . Publishers Daily . Media Post . March 12, 2019 . en.
  24. Web site: Nexstar Selling 19 TVs In 15 Markets For $1.32B. Mark K. Miller. TVNewsCheck. NewsCheck Media. March 20, 2019.
  25. News: Nexstar to Sell Stations to Tegna, Scripps for $1.32 Billion. Nabila Ahmed. Anousha Sakoui. Bloomberg News. Bloomberg, L.P.. March 20, 2019.
  26. https://docs.fcc.gov/public/attachments/FCC-19-89A1.pdf "Memorandum Opinion and Order"
  27. News: Hayes . Dade . Tegna Acquires Multicast Networks Quest And Justice Network In $91M Deal . August 21, 2019 . Deadline . May 6, 2019 . en.
  28. News: Weiker . Jim . Wolfe family sells broadcast group, including WBNS-10TV, for $535 million . 11 June 2019 . The Columbus Dispatch . en.
  29. Web site: Notice of Consent to Transfer. CDBS Public Access. Federal Communications Commission. July 29, 2019. July 30, 2019.
  30. Web site: TEGNA Completes Acquisition of Dispatch Broadcast Group's Leading, Top Ranked Stations in Indianapolis, IN and Columbus, OH. Tegna Inc.. August 8, 2019. August 8, 2019.
  31. News: Venta . Lance . Local Media San Diego Acquires KFMB AM/FM . December 30, 2019 . RadioInsight . December 30, 2019 .
  32. News: Venta . Lance . Local Media San Diego Closes KFMB AM/FM Purchase; Sells 760 To iHeartMedia . March 17, 2020 . RadioInsight . March 17, 2020.
  33. News: TV tussle: DirecTV, Tegna dispute turns TV channels dark in 51 markets including Houston, Seattle . Snider . Mark . December 2, 2020 . . December 11, 2020 .
  34. Web site: AT&T Loses Tegna Owned Locals, American Television Alliance Responds. CordCuttersNews.com. Barnes. Jess. December 2, 2020.
  35. Web site: AT&T and Tegna Reach an Agreement to Bring Locals Back to DirecTV, AT&T TV, AT&T TV Now & U-Verse. CordCuttersNews.com. Barnes. Jess. December 20, 2020.
  36. Web site: Tegna Local TV Stations Removed From Dish TV In 53 Markets Amid Carriage Fee Dispute. Deadline Hollywood. Tom. Tapp. October 6, 2021. October 7, 2021.
  37. Web site: DISH Files Bad Faith Complaint Against Tegna. Yahoo! Finance. October 19, 2021. October 19, 2021.
  38. Web site: Tegna TV stations back on Dish Network ahead of Super Bowl after 4-month dispute. USAToday.com. Tyko. Kelly. February 4, 2022.
  39. Web site: DIRECTV & DIRECTV STREAM Just Lost 66 ABC, CBS, FOX & NBC Locals After Tegna Rejects Surprising A La Carte Plan. CordCuttersNews.com. Cheng. Roger. November 30, 2023.
  40. Web site: TEGNA drops local stations from DirecTV satellite, U-Verse; DirecTV responds with a-la-carte term offer . December 2023 .
  41. Web site: DIRECTV, DIRECTV STREAM, & Tegna Reach a Deal to Restore 64 TV Stations Ending The Blackout. CordCuttersNews.com. Bouma. Luke. January 13, 2024.
  42. Web site: Keys . Matthew . 2024-02-29 . TEGNA says DirecTV dispute hurt revenue during Q4 . 2024-02-29 . The Desk . en-us.
  43. Web site: Szalai. Alex Weprin,Georg. Weprin. Alex. Szalai. Georg. 2022-02-22. Local TV Giant TEGNA Sold to Private Equity Firms in Mega-Deal. 2022-02-22. The Hollywood Reporter. en-US.
  44. Web site: Littleton. Cynthia. 2020-03-29. Tegna Confirms Two Acquisition Offers Withdrawn Amid Coronavirus Upheaval. 2020-03-30. Variety. en.
  45. Web site: Kirman. Igor. Wong. Natalie. Niles. Sabastian. 2021-05-13. Lessons from TEGNA's Second Straight Proxy Fight Win. 2022-02-22. The Harvard Law School Forum on Corporate Governance. English.
  46. News: 2020-04-30. Tegna wins proxy contest as investors re-elect all 12 board members. en. Reuters. 2022-02-22.
  47. Web site: Jacobson. Adam. 2020-04-02. TEGNA's Tit-For-Tat With Soo Kim Continues Radio & Television Business Report. 2022-02-22. en-US.
  48. Web site: Jacobson. Adam. 2020-03-31. The TEGNA/Soo Tussle Continues With Shareholder Letters Radio & Television Business Report. 2022-02-22. en-US.
  49. News: 2021-05-07. U.S. TV firm Tegna defeats hedge fund Standard General in proxy vote. en. Reuters. 2022-02-22.
  50. Web site: Lafayette. Jon. 2021-05-07. Tegna Wins Proxy Battle, With 12 Directors Re-Elected. 2022-02-22. Broadcasting Cable. en.
  51. Web site: Hayes. Dade. 2021-03-09. Tegna CEO Apologizes For Racial Incident That Led A Black Executive To Withdraw His Board Nomination. 2022-02-22. Deadline. en-US.
  52. Web site: Radio Implications To Today's Standard General Acquisition of TEGNA. 2022-02-22. RadioInsight. February 22, 2022 . en-US.
  53. Web site: 2022-02-22. WFAA and Houston, Austin TV stations expected to go to Cox Media in Tegna's $5.4 billion sale. 2022-02-22. Dallas News. en.
  54. Web site: Goldsmith. Jill. Tegna Shareholders Approve Sale Of Broadcaster To Standard General, Apollo Global. Deadline Hollywood. May 17, 2022.
  55. Web site: Johnson . Ted . 2022-10-06 . Nancy Pelosi Tells FCC She Has Concerns Over Local News Impact With Sale Of Tegna To Standard General . 2022-10-08 . Deadline . en-US.
  56. Web site: Johnson. Ted. Standard General Blasts FCC Decision On Tegna Merger, Calls For Full Commission Vote. Deadline Hollywood. February 27, 2023.
  57. News: 2023-05-22 . Standard General's Tegna Takeover Doomed After Money Dries Up . en . Bloomberg.com . 2023-05-26.
  58. Web site: Media TEGNA. Tegna. June 29, 2015.
  59. News: Miller. Mark K.. Tegna Completes KFMB San Diego Purchase. February 15, 2018. TVNewsCheck. en.
  60. https://worldradiohistory.com/hd2/IDX-Business/Magazines/Archive-BC-IDX/87-OCR/BC-1987-12-07-OCR-Page-0094.pdf
  61. Web site: TEGNA Media and Debmar-Mercury Partner on Preview of 'T.D. Jakes' Talk Show This Summer With 44 Blue Productions, TDJ Enterprises and Enlight Productions – TEGNA. July 9, 2015. Tegna. en-US. 2016-06-07.
  62. Web site: EMPOWERING NEW DAILY TALK SHOW "T.D. JAKES" SET TO PREMIERE MONDAY, SEPTEMBER 12, 2016 – TEGNA. May 10, 2016. Tegna. en-US. 2016-06-07.
  63. News: Exclusive: Tegna's 'BOLD' to Be Renamed 'Daily Blast Live'. Broadcasting & Cable. April 18, 2017. Paige Albiniak.
  64. https://variety.com/2017/tv/news/tegna-sister-circle-tv-one-talk-show-1202506858/ Tegna, TV One to Launch Daily Talk Show ‘Sister Circle’
  65. http://www.tegna.com/tegna-announces-sing-like-a-star-new-singing-competition-premiering-september-16/ TEGNA Announces “Sing Like a Star,” New Singing Competition Premiering September 16
  66. Web site: NATPE Roundup: Fox TV Stations Renew 'Page Six TV,' Sony Pictures TV Teams With Tegna. Littleton. Cynthia. 2018-01-16. Variety. en. 2019-01-04.
  67. http://gannettdigital.com/index.php/advertising-solutions/brands Gannett Digital brand
  68. http://www.godigitalmarketing.com G/O Digital
  69. Web site: How This New Platform Plans to Make Buying Ads on Streaming Services Easier. Sami Main. Ad Week. November 2, 2016.
  70. http://investors.tegna.com/news-releases/news-release-details/tegna-acquires-leading-local-sports-podcast-network-locked & https://awfulannouncing.com/podcasts/tegna-acquires-locked-on-podcast-network.html
  71. One of the most prominent Tegna Digital properties.
  72. Web site: TEGNA Sells Cofactor. Tegna. December 15, 2016.
  73. Web site: Meredith Buying Three Stations From Gannett. TVNewsCheck. December 23, 2013. NewsCheck Media. December 23, 2013.
  74. News: Brown. Lisa. Meredith Corp. closes on $177 million purchase of KMOV. February 28, 2014. St. Louis Post-Dispatch. Lee Enterprises. February 28, 2014.
  75. http://www.tvnewscheck.com/article/77182/gannettsander-complete-phoenix-sale Gannett-Sander Complete Phoenix Sale

External links

  1. Web site: TEGNA Leadership Team – Board of Directors . live . https://web.archive.org/web/20180711192806/http://www.tegna.com/our-leadership/ . 2018-07-11 .
  2. Web site: Tegna Inc. 2023 Annual Report (Form 10-K) . 2024-02-29 . U.S. Securities and Exchange Commission.
  3. https://www.tegna.com/contact-us/ Corporate contact
  4. Web site: Gannett Dives Deeper Into Agency Business With 'G/O Digital'. Alex Kantrowitz. Advertising Age. August 13, 2013.
  5. News: Media Giant Gannett to Spin Off USA Today and Print Business. The New York Times. August 5, 2014. August 5, 2014.
  6. News: Gannett Reorganizing, Buying Cars.com. TVNewsCheck. NewsCheck Media. August 5, 2014. August 5, 2014.
  7. News: Gannett to change name to TEGNA amid print unit spinoff. Roger Yu. USA Today. April 21, 2015. April 21, 2015.
  8. Web site: Separation of Gannett into two public companies completed TEGNA. Tegna. June 29, 2015. June 29, 2015.
  9. News: Gannett completes its Belo acquisition. Paul Davidson. USA Today . December 23, 2013.
  10. Web site: Gannett Completes London Broadcasting Buy. TVNewsCheck. NewsCheck Media. July 8, 2014.
  11. Web site: Cars.com Spins Off From Parent TEGNA, Goes Through IPO. Search Marketing Daily. MediaPost Publications. 5 May 2017.
  12. Web site: McLean-based Tegna spins off Cars.com. WTOP-FM. Hubbard Broadcasting. May 5, 2017.
  13. Web site: Tegna completes its Cars.com spinoff. Andy Medici. Washington Business Journal. June 1, 2017.
  14. Web site: Tegna Spins Off Cars.com; Lougee New CEO. Mark K. Miller. TVNewsCheck. June 1, 2017.
  15. Web site: Report: Nexstar may eye bid for Tegna in stations buyout. Jason Aycock. Seeking Alpha. May 26, 2017.
  16. News: Apollo Global-led investor group to buy CareerBuilder. Reuters. June 19, 2017.
  17. News: Miller. Mark K.. Tegna, Cooper Media to Launch Quest Diginet. November 9, 2017. TVNewsCheck. NewsCheck Media. November 7, 2017. en.
  18. News: Lafayette. Jon. Tegna Launching Quest, New Multicast Net, With Cooper. November 9, 2017. Broadcasting & Cable. November 7, 2017.
  19. News: Hayes. Dade. Tegna And Cooper Media Plan Adventure-Themed Multicast Network Quest. November 9, 2017. Deadline Hollywood. November 7, 2017.
  20. Web site: TEGNA to Acquire Midwest Television, Inc.'s Broadcasting Stations in San Diego, CA . December 18, 2017 . TEGNA, Inc. . December 24, 2017.
  21. Web site: Tegna, Scripps in Deals to Buy Network Affiliates. Jon Lafayette. Broadcasting & Cable. August 20, 2018. August 21, 2018.
  22. Web site: Gray Spins Land With Lockwood, TEGNA, Scripps. Adam Jacobson. Radio-Television Business Report. Streamline-RBR, Inc.. August 20, 2018. August 21, 2018.
  23. News: Guaglione . Sara . Tegna Debuts VAULT Studios, Uses TV Reporting To Create Digital Shows . August 21, 2019 . Publishers Daily . Media Post . March 12, 2019 . en.
  24. Web site: Nexstar Selling 19 TVs In 15 Markets For $1.32B. Mark K. Miller. TVNewsCheck. NewsCheck Media. March 20, 2019.
  25. News: Nexstar to Sell Stations to Tegna, Scripps for $1.32 Billion. Nabila Ahmed. Anousha Sakoui. Bloomberg News. Bloomberg, L.P.. March 20, 2019.
  26. https://docs.fcc.gov/public/attachments/FCC-19-89A1.pdf "Memorandum Opinion and Order"
  27. News: Hayes . Dade . Tegna Acquires Multicast Networks Quest And Justice Network In $91M Deal . August 21, 2019 . Deadline . May 6, 2019 . en.
  28. News: Weiker . Jim . Wolfe family sells broadcast group, including WBNS-10TV, for $535 million . 11 June 2019 . The Columbus Dispatch . en.
  29. Web site: Notice of Consent to Transfer. CDBS Public Access. Federal Communications Commission. July 29, 2019. July 30, 2019.
  30. Web site: TEGNA Completes Acquisition of Dispatch Broadcast Group's Leading, Top Ranked Stations in Indianapolis, IN and Columbus, OH. Tegna Inc.. August 8, 2019. August 8, 2019.
  31. News: Venta . Lance . Local Media San Diego Acquires KFMB AM/FM . December 30, 2019 . RadioInsight . December 30, 2019 .
  32. News: Venta . Lance . Local Media San Diego Closes KFMB AM/FM Purchase; Sells 760 To iHeartMedia . March 17, 2020 . RadioInsight . March 17, 2020.
  33. News: TV tussle: DirecTV, Tegna dispute turns TV channels dark in 51 markets including Houston, Seattle . Snider . Mark . December 2, 2020 . . December 11, 2020 .
  34. Web site: AT&T Loses Tegna Owned Locals, American Television Alliance Responds. CordCuttersNews.com. Barnes. Jess. December 2, 2020.
  35. Web site: AT&T and Tegna Reach an Agreement to Bring Locals Back to DirecTV, AT&T TV, AT&T TV Now & U-Verse. CordCuttersNews.com. Barnes. Jess. December 20, 2020.
  36. Web site: Tegna Local TV Stations Removed From Dish TV In 53 Markets Amid Carriage Fee Dispute. Deadline Hollywood. Tom. Tapp. October 6, 2021. October 7, 2021.
  37. Web site: DISH Files Bad Faith Complaint Against Tegna. Yahoo! Finance. October 19, 2021. October 19, 2021.
  38. Web site: Tegna TV stations back on Dish Network ahead of Super Bowl after 4-month dispute. USAToday.com. Tyko. Kelly. February 4, 2022.
  39. Web site: DIRECTV & DIRECTV STREAM Just Lost 66 ABC, CBS, FOX & NBC Locals After Tegna Rejects Surprising A La Carte Plan. CordCuttersNews.com. Cheng. Roger. November 30, 2023.
  40. Web site: TEGNA drops local stations from DirecTV satellite, U-Verse; DirecTV responds with a-la-carte term offer . December 2023 .
  41. Web site: DIRECTV, DIRECTV STREAM, & Tegna Reach a Deal to Restore 64 TV Stations Ending The Blackout. CordCuttersNews.com. Bouma. Luke. January 13, 2024.
  42. Web site: Keys . Matthew . 2024-02-29 . TEGNA says DirecTV dispute hurt revenue during Q4 . 2024-02-29 . The Desk . en-us.
  43. Web site: Szalai. Alex Weprin,Georg. Weprin. Alex. Szalai. Georg. 2022-02-22. Local TV Giant TEGNA Sold to Private Equity Firms in Mega-Deal. 2022-02-22. The Hollywood Reporter. en-US.
  44. Web site: Littleton. Cynthia. 2020-03-29. Tegna Confirms Two Acquisition Offers Withdrawn Amid Coronavirus Upheaval. 2020-03-30. Variety. en.
  45. Web site: Kirman. Igor. Wong. Natalie. Niles. Sabastian. 2021-05-13. Lessons from TEGNA's Second Straight Proxy Fight Win. 2022-02-22. The Harvard Law School Forum on Corporate Governance. English.
  46. News: 2020-04-30. Tegna wins proxy contest as investors re-elect all 12 board members. en. Reuters. 2022-02-22.
  47. Web site: Jacobson. Adam. 2020-04-02. TEGNA's Tit-For-Tat With Soo Kim Continues Radio & Television Business Report. 2022-02-22. en-US.
  48. Web site: Jacobson. Adam. 2020-03-31. The TEGNA/Soo Tussle Continues With Shareholder Letters Radio & Television Business Report. 2022-02-22. en-US.
  49. News: 2021-05-07. U.S. TV firm Tegna defeats hedge fund Standard General in proxy vote. en. Reuters. 2022-02-22.
  50. Web site: Lafayette. Jon. 2021-05-07. Tegna Wins Proxy Battle, With 12 Directors Re-Elected. 2022-02-22. Broadcasting Cable. en.
  51. Web site: Hayes. Dade. 2021-03-09. Tegna CEO Apologizes For Racial Incident That Led A Black Executive To Withdraw His Board Nomination. 2022-02-22. Deadline. en-US.
  52. Web site: Radio Implications To Today's Standard General Acquisition of TEGNA. 2022-02-22. RadioInsight. February 22, 2022 . en-US.
  53. Web site: 2022-02-22. WFAA and Houston, Austin TV stations expected to go to Cox Media in Tegna's $5.4 billion sale. 2022-02-22. Dallas News. en.
  54. Web site: Goldsmith. Jill. Tegna Shareholders Approve Sale Of Broadcaster To Standard General, Apollo Global. Deadline Hollywood. May 17, 2022.
  55. Web site: Johnson . Ted . 2022-10-06 . Nancy Pelosi Tells FCC She Has Concerns Over Local News Impact With Sale Of Tegna To Standard General . 2022-10-08 . Deadline . en-US.
  56. Web site: Johnson. Ted. Standard General Blasts FCC Decision On Tegna Merger, Calls For Full Commission Vote. Deadline Hollywood. February 27, 2023.
  57. News: 2023-05-22 . Standard General's Tegna Takeover Doomed After Money Dries Up . en . Bloomberg.com . 2023-05-26.
  58. Web site: Media TEGNA. Tegna. June 29, 2015.
  59. News: Miller. Mark K.. Tegna Completes KFMB San Diego Purchase. February 15, 2018. TVNewsCheck. en.
  60. https://worldradiohistory.com/hd2/IDX-Business/Magazines/Archive-BC-IDX/87-OCR/BC-1987-12-07-OCR-Page-0094.pdf
  61. Web site: TEGNA Media and Debmar-Mercury Partner on Preview of 'T.D. Jakes' Talk Show This Summer With 44 Blue Productions, TDJ Enterprises and Enlight Productions – TEGNA. July 9, 2015. Tegna. en-US. 2016-06-07.
  62. Web site: EMPOWERING NEW DAILY TALK SHOW "T.D. JAKES" SET TO PREMIERE MONDAY, SEPTEMBER 12, 2016 – TEGNA. May 10, 2016. Tegna. en-US. 2016-06-07.
  63. News: Exclusive: Tegna's 'BOLD' to Be Renamed 'Daily Blast Live'. Broadcasting & Cable. April 18, 2017. Paige Albiniak.
  64. https://variety.com/2017/tv/news/tegna-sister-circle-tv-one-talk-show-1202506858/ Tegna, TV One to Launch Daily Talk Show ‘Sister Circle’
  65. http://www.tegna.com/tegna-announces-sing-like-a-star-new-singing-competition-premiering-september-16/ TEGNA Announces “Sing Like a Star,” New Singing Competition Premiering September 16
  66. Web site: NATPE Roundup: Fox TV Stations Renew 'Page Six TV,' Sony Pictures TV Teams With Tegna. Littleton. Cynthia. 2018-01-16. Variety. en. 2019-01-04.
  67. http://gannettdigital.com/index.php/advertising-solutions/brands Gannett Digital brand
  68. http://www.godigitalmarketing.com G/O Digital
  69. Web site: How This New Platform Plans to Make Buying Ads on Streaming Services Easier. Sami Main. Ad Week. November 2, 2016.
  70. http://investors.tegna.com/news-releases/news-release-details/tegna-acquires-leading-local-sports-podcast-network-locked & https://awfulannouncing.com/podcasts/tegna-acquires-locked-on-podcast-network.html
  71. One of the most prominent Tegna Digital properties.
  72. Web site: TEGNA Sells Cofactor. Tegna. December 15, 2016.
  73. Web site: Meredith Buying Three Stations From Gannett. TVNewsCheck. December 23, 2013. NewsCheck Media. December 23, 2013.
  74. News: Brown. Lisa. Meredith Corp. closes on $177 million purchase of KMOV. February 28, 2014. St. Louis Post-Dispatch. Lee Enterprises. February 28, 2014.
  75. http://www.tvnewscheck.com/article/77182/gannettsander-complete-phoenix-sale Gannett-Sander Complete Phoenix Sale