Read our profile on the United States government and media. TEGNA Inc. (NYSE:NYSE:TGNA) Q1 2021 Earnings Conference Call May 10, 2021 9:00 AM ETCompany ParticipantsDoug Kuckelman - Head of Investor RelationsDave Lougee - President and CEOVictoria. TEGNA Inc. Reports Fourth Quarter and Full-Year 2022 Results This page was last edited on 4 March 2023, at 07:53. family responsibilities, disability, enrollment in college or vocational school, political . TEGNA Inc. (TGNA) CEO Dave Lougee on Q3 2020 Results - SeekingAlpha In October 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." Total company revenue was $917 million in the fourth quarter, up 18 percent year-over-year, driven by strong growth in political revenue despite advertising and marketing services ("AMS") revenue declines resulting from political displacement and macroeconomic headwinds. Anne Bentley The network saw over 800 million minutes of watch time in 2022, a 502 percent increase year-over-year. The company, therefore, believes that each of the non-GAAP measures presented provides useful information to investors and other stakeholders by allowing them to view our business through the eyes of management and our Board of Directors, facilitating comparisons of results across historical periods and focus on the underlying ongoing operating performance of our business. AMS revenue was $353 million in the fourth quarter, down 12 percent year-over-year due to displacement driven by strong political revenue, continued macroeconomic headwinds, and reduced sports betting advertising with fewer new market launches this year versus the prior year. You can click/tap on the image to go to the full version of the chart. Tegna Inc. - Wikipedia LibGuides: Media Bias: Which Way Does Your News Lean? Automotive advertising revenue rebounded in the quarter with strong year-over-year growth. About TEGNA. enrollment in college or vocational school, political affiliation, veteran . TEGNA stockholders voted to approve the transaction at the special meeting of stockholders held on May 17, 2022. On February 22, 2022, TEGNA Inc. and Standard General L.P. announcedthat TEGNA and an affiliate of Standard General entered into a definitive agreement under which TEGNA will be acquired by. Sunday shows preview: US-China relations remain on shaky ground, 2024 election looms. Forward-looking statements are based on a number of assumptions about future events and are subject to various risks, uncertainties and other factors that may cause actual results to differ materially from the views, beliefs, projections and estimates expressed in such statements. Advertising and sponsored content generate revenue. It owns: Stations are arranged in alphabetical order by state and city of license. The closing of the transaction remains subject to the approval of the Federal Communications Commission (the "FCC") and customary closing conditions. TEGNA offers innovative solutions to help businesses reach consumers across television, digital and over-the-top (OTT) platforms, includingPremion, TEGNAs OTT advertising service. (adsbygoogle = window.adsbygoogle || []).push({}); Ad-Free Login Compared to 2020, total company revenue was up 12 percent driven by record subscription revenue and growth in AMS revenue fueled by Premion, partially offset by reduced political revenue. Standard General is a minority-controlled and operated organization. Julie Heskett Tysons, Va. & Los Angeles, CA - October 28, 2019 TEGNA Inc. (NYSE: TGNA) and Fox Corporation (Nasdaq: FOXA, FOX) ("FOX") today announced a comprehensive, multi-year deal that renews station affiliation agreements for six TEGNA markets, including three stations acquired last month from Nexstar Media Group.. TEGNA owns and operates ABC affiliates in nine markets across the country . AMS revenue was $1.4 billion, down five percent year-over-year due to displacement driven by strong political revenue and continued macroeconomic headwinds. As a result, the TEGNA Foundation approved more than 2,150 employee matching gifts, which combined with TEGNA Foundation matches totaled more than $2 million in donations to the causes and nonprofits employees care about. Information regarding the persons who may, under the rules of the SEC, be deemed participants in the solicitation of the stockholders of the Company in connection with the proposed transaction, including a description of their respective direct or indirect interests, by security holdings or otherwise, will be included in the proxy statement when it is filed with the SEC. "[40][41][42] 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. WZDX, the TEGNA-owned FOX affiliate in Huntsville AL, has an opening for an experienced, versatile Head of Technology and Operations. At all levels, we have been tireless in our efforts to ensure TEGNA effectively serves all of our stakeholders, and I am immensely proud of these efforts. Further, the website does not publish editorial commentary. The Company and certain of its directors, executive officers and employees may be considered to be participants in the solicitation of proxies from the Companys stockholders in connection with the proposed transaction. We have never been more certain of the importance of our role than we are today. The sale was approved by Standard General and Apollo Global Management on May 17, 2022. We encourage and consider all qualified candidates regardless of race, color, religion, national origin, sex, age, marital status, personal appearance, sexual orientation, gender identity, family responsibilities, disability . In these roles, she has served as a key member of the leadership teams responsible for the successful acquisition, integration, and operation of more than 90 stations. (M. Huitsing 01/12/2020) Updated (03/21/2022), Last Updated on March 21, 2022 by Media Bias Fact Check, Left vs. For more information, visit www.TEGNA.com. Employees at the parent company, TEGNA, earn $56,684. TEGNAs purpose is to serve the greater good of our communities. The most directly comparable GAAP financial measure to free cash flow is Net income attributable to TEGNA. Jakes' Talk Show This Summer With 44 Blue Productions, TDJ Enterprises and Enlight Productions TEGNA", "EMPOWERING NEW DAILY TALK SHOW "T.D. TEGNA Inc. (NYSE: TGNA) is an innovative media company that serves the greater good of our communities. Tegna Inc (TGNA) Q3 2021 Earnings Call Transcript TEGNA offers innovative solutions to help businesses reach consumers across television, digital and over-the-top (OTT) platforms, including Premion, TEGNAs OTT advertising service. This communication includes forward-looking statements within the meaning of the "safe harbor" provisions of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Best Media Companies to Work For in Virginia, Best Media Companies to Work For in McLean, VA. TEGNA Inc (TGNA) - Strategy, SWOT and Corporate Finance Report, is a source of comprehensive company data and information. Unsurprisingly, Tom's and Seventh Generation jump to the top of left-leaning companies. Readers are cautioned not to place undue reliance on forward-looking statements made by or on behalf of the Company. Across platforms, TEGNA tells empowering stories, conducts impactful investigations and delivers innovative marketing solutions. We look forward to building on the Companys strong foundation and leveraging Debs deep industry experience to drive further growth.. Revenues increased 6.2% year over . CBS and TEGNA Renew Affiliation Agreement - Paramount TEGNA INC MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS (form 10-K) . Jakes ended in September 2017 and was replaced with news and entertainment show Daily Blast Live, which premiered on September 11, 2017. Posted: March 02, 2023. In June 2015, Gannett spun off its broadcasting division. All waiting periods under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended, applicable to the Merger and related transactions have expired. Wrong-way driver stopped on I-10 Sunday morning, What Arizona lawmakers have to say about Wednesdays Iran briefing. (AMS) revenues, which include local and national non-political television advertising, digital marketing services (including Premion), and advertising on stations' websites, tablet and mobile products and OTT apps; 3) political . Stations streaming apps are a one-stop destination for local stories that matter and include local twenty-four-hour "Watch" streams, live local news, extended coverage, weather, station specials and investigations. Help other job seekers by rating TEGNA. 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. Political revenue was $179 million, up nine percent from 2018, the last non-presidential election year, on a pro forma basis1. In comparison, the salaries at Central Newspapers, Florida Today, and THV11 are $49,030, $43,214, and $40,711. We tell stories that matter, are an advocate for those in need and help bring positive change to our communities. 12 News (KPNX) - Media Bias/Fact Check interests.[49]. [33], A carriage dispute with DirecTV, beginning on December 2, 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 streaming platforms. Upon completion of the transaction, TEGNA will become a private company and its shares will no longer be traded on the New York Stock Exchange. [39] Tegna's shareholders chose to re-elect all 12 current board members. Tegna shareholders approved an initial public offering of Cars.com as a publicly traded spin-off in May 2017. We are a drug free, EEO employer committed to a diverse workforce. [35] On October 18, Dish Network filed a complaint with the Federal Communications Commission against Tegna. . THE HILL 1625 K STREET, NW SUITE 900 WASHINGTON DC 20006 | 202-628-8500 TEL | 202-628-8503 FAX. Dave Lougee is President/CEO at Tegna Inc. See Dave Lougee's compensation, career history, education, & memberships. The company defines Adjusted EBITDA as net income attributable to TEGNA before (1) net income attributable to redeemable noncontrolling interest, (2) income taxes, (3) interest expense, (4) equity loss in unconsolidated investments, net, (5) other non-operating items, net, (6) M&A-related costs, (7) advisory fees related to activism defense, (8) spectrum repacking reimbursements and other, net, (9) depreciation and (10) amortization. Sports Multi-Skilled Journalist Job in Indianapolis, IN at Tegna J.P. Morgan Securities LLC is acting as lead financial advisor, with Greenhill & Co. also acting as a financial advisor to TEGNA, and Wachtell Lipton Rosen & Katz and Covington & Burling LLP are acting as its legal advisors. Tegna owns more than 60 local television stations in the U.S. and several other media properties. Compared to 2020, fourth quarter AMS revenue was up slightly driven by strong growth in most categories including entertainment, services, and travel and tourism, partially offset by macroeconomic headwinds impacting, auto, insurance, and retail in this two-year comparison. TEGNA Inc. (NYSE:TGNA) Q3 2020 Earnings Conference Call November 9, 2020 9:00 AM ET. Media Type: TV Station Completed Five Year Renewal of Affiliation Agreement with ABC - In January, TEGNA entered into a comprehensive, five year deal through late 2023 with the ABC network that renews the station affiliation agreements for all of the company's ABC-affiliated stations. Dear Mediacom Customer, As you may be aware, Tegna has been blocking Mediacom customers from watching the local broadcast stations it owns since December 31st. Adjusted EBITDA is not intended to purport to be an alternate to net income as a measure of operating performance or to cash flows from operating activities as a measure of liquidity. Funding. Does the media have a liberal bias? 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. The most common ethnicity at TEGNA is White (60%). Conservative companies - Conservapedia [17] Tegna would be the charter station group as such would receive a minority stake in the network, which launched in January 2018. TEGNA Inc. (NYSE: TGNA) is an innovative media company that serves the greater good of our communities. TEGNA Inc. (TGNA) Up 0.8% Since Last Earnings Report: Can It Continue? TEGNA has renewed retransmission consent agreements representing approximately 30 percent of our subscribers since our prior quarterly release on November 9, 2022. In Q4, Locked On set a quarterly record with a total audience of more than 66 million listens and views. TEGNA Inc. Reports Fourth Quarter and Full-Year 2022 Results Investors will be able to obtain a free copy of the proxy statement and other related documents (when available) filed by the Company with the SEC at the website maintained by the SEC at www.sec.gov. The report covers the company's structure, operation, SWOT analysis, product and service offerings and corporate actions, providing a 360 view of the company Key Highlights TEGNA Inc (TEGNA) is a provider of media services. With 64 television stations in 51 U.S. markets, TEGNA is the largest owner of top 4 network affiliates in the top 25 markets among independent station groups. CBS and TEGNA Renew Affiliation Agreement | TEGNA You can obtain free copies of these documents from the Company using the contact information above. Ad-Free Sign up [16], Tegna and Cooper Media, parent corporation of the Justice Network, announced on November 7, 2017, a new multicast network, Quest. On February 22, 2022, TEGNA Inc.and Standard General L.P. announcedthat TEGNAand an affiliate of Standard General entered into a definitive agreement under which TEGNAwill be acquired by the Standard General affiliate for $24.00per share in cash. TEGNA Inc. (NYSE: TGNA) is an innovative media company that serves the greater good of our communities. in the U.S. and several other media properties. 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. When used in this communication, the words "believes," "estimates," "plans," "expects," "should," "could," "outlook," and "anticipates" and similar expressions as they relate to the Company or its management are intended to identify forward-looking statements. Tegna retained "old" Gannett's stock price history, though it trades under a new ticker symbol, TGNA. KPNX also has a section dedicated to politics covering national politics through the Associated Press and local Arizona politics through 12 News TV. This swot analysis features 13 companies, including Charter Communications Inc, Gray Television Inc, Comcast Corp, The E. W. Scripps Co, Google LLC, Meta Platforms Inc They state TEGNAs purpose is to serve the greater good of our communities. The studio's first content would be true crime podcasts, drawing on its station news content. We have made significant progress in recent years, but our record is not perfect, the spokesperson said in an emailed statement. The Company undertakes no obligation to update or to revise any forward-looking statements. TEGNA Inc. Reports Fourth Quarter and Full-Year 2022 Results What you need to know from Costco's earnings call TEGNA Inc. Reports Fourth Quarter and Full-Year 2022 Results February 27,. TEGNA Inc. Reports Third Quarter 2022 Results The filing comes against the backdrop of a proxy battle between Tegna and Standard General, a hedge fund that owns a 7 percent stake in Tegna, according to, The filing comes less than a month after media attorney and consultant Adonis Hoffman. Founded in 1953, 12 News KPNX is an NBC affiliate based in Phoenix, Arizona. TEGNA Inc. is a media company innovating in the digital age. Across platforms, TEGNA tells empowering stories, conducts impactful investigations and delivers innovative marketing solutions. [27], 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. TEGNA and FOX Renew Affiliation Agreement - foxcorporation With 63 television stations in 51 U.S. markets, TEGNA is the largest owner of top 4 network affiliates in the top . How a quiet right-wing TV behemoth just got super-sized, thanks to Fair Use Policy TEGNA (TGNA) and NBC Ink Multi-Year Deal to Renew . TEGNA INC. : Shareholders Board Members Managers and Company Profile
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tegna inc political affiliation