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Overview
Tegna Inc (TGNA) stands out as a comprehensive media company that integrates traditional broadcast television with robust digital initiatives. The company harnesses the power of a large portfolio of local TV stations and digital platforms to deliver trusted local news, sports, and information across the United States. With a deep focus on broadcast media and digital advertising solutions, Tegna’s multi-platform presence strategically connects with millions of households, enabling advertisers to engage diverse audiences.
Core Business Areas
Tegna operates a dynamic mix of broadcast and digital media assets. On the broadcast front, it owns a diverse range of television stations, including major network affiliates in top U.S. markets. This extensive network ensures that Tegna is positioned at the forefront of local news and sports broadcasting, reaching a significant segment of television households nationwide. Additionally, the company manages a suite of multicast networks such as True Crime Network, Twist, and Quest, which cater to niche audience segments while reinforcing its market presence.
Digital Integration and Strategic Partnerships
Recognizing the digital transformation in media consumption, Tegna has bolstered its footprint through well-positioned digital businesses. The company’s portfolio includes notable digital properties such as Cars.com and CareerBuilder, platforms that offer critical human capital and automotive advertising solutions. Complementing these is G/O Digital, a digital marketing services unit that provides scalable, data-driven advertising solutions designed to deliver measurable results. Tegna’s strategic investments and commercial partnerships, including those in the local sports sector, further exemplify its commitment to innovative content delivery and audience engagement.
Market Position and Industry Influence
Within the competitive landscape of media and broadcasting, Tegna distinguishes itself through its nationally recognized portfolio and a commitment to local community service. By integrating high-quality news delivery with digital innovation, the company serves as a key intermediary between local advertisers and engaged viewers. Its emphasis on reliable and compelling content, paired with a comprehensive advertising model, positions Tegna as a vital player in local media. The firm’s robust operations across the U.S. markets, digital marketing prowess, and strategic sports content partnerships add further depth to its market significance.
Operational Model and Revenue Streams
Tegna generates revenue through a diversified model, including advertising and marketing sales on both broadcast and digital platforms, subscription-based services, and specialized advertising segments such as political advertising. The company’s integrated approach ensures that its content is accessible across all devices—online, mobile, and connected television—maximizing reach and engagement. This multi-faceted revenue model not only facilitates sustained operational stability but also underscores the firm's agility in responding to shifting media consumption trends.
Commitment to Local Communities
At its core, Tegna is deeply committed to serving local communities by providing reliable and locally relevant news and information. The firm’s portfolio of broadcast stations and digital platforms are tailored to address the specific needs of local markets, fostering community engagement and trust. This localized approach is further reinforced by strategic sports and community-centric partnerships, which bring people together through comprehensive media coverage of local events and stories.
Expertise in Digital Transformation
Embracing the digital age, Tegna has continually evolved its business strategy to integrate traditional media with cutting-edge digital solutions. The company’s creation of specialized digital marketing services and targeted content delivery mechanisms demonstrates a forward-thinking approach that is essential for sustained relevance in today’s media landscape. This balanced strategy ensures that Tegna not only preserves the integrity of local broadcast news but also capitalizes on the expansive opportunities offered by digital innovation.
Conclusion
Tegna Inc’s robust blend of broadcast television and diversified digital platforms positions it as a critical conduit for local news, sports, and advertising. By maintaining a strong connection with local communities while leveraging digital transformation, Tegna provides an informative, engaging, and reliable media experience. The company’s commitment to quality journalism, innovative digital marketing, and strategic partnerships continues to solidify its role as an indispensable resource in the evolving media environment.
TEGNA (NYSE: TGNA) has announced two key leadership appointments to strengthen its digital transformation strategy. Melissa Zimyeski joins as vice president of product and Mat Yurow as vice president of growth, both reporting to chief experience officer Dhanusha Sivajee.
Zimyeski, formerly senior vice president at Mayo Clinic, will lead product management and design of TEGNA's consumer digital products, including 50+ streaming apps, mobile apps, and websites across the company's local media portfolio. Her experience spans telecommunications, retail, and healthcare digital transformation.
Yurow, previously at Thrasio and with experience from The New York Times and Tripadvisor, will spearhead audience and revenue growth across digital products. His background includes successful growth marketing initiatives and digital transformation in subscription services, product strategy, and affiliate commerce.
TEGNA (NYSE: TGNA) has announced it will host its first quarter 2025 earnings conference call on Thursday, May 8, 2025, at 11 a.m. (ET). The event will be accessible via webcast through the company's website and is open to investors, financial community, media, and public.
Phone participants must pre-register at investors.TEGNA.com at least 10 minutes before the scheduled start time to receive dial-in numbers and a unique PIN. The earnings announcement will be released before market opens on May 8, with related materials available through the Investor Relations section. The webcast will be archived for future access on the company's investor relations website.
TEGNA Inc. (NYSE: TGNA) has partnered with Amazon Fire TV Channels to launch 'Fire TV Channels Bracket Breakdown,' a free series providing comprehensive coverage of the men's and women's NCAA Basketball Tournament. The series, produced by TEGNA's Locked On Podcast Network, runs from Selection Sunday (March 16) through the National Championship game (April 6, 2025).
The show features an impressive roster of experts including:
- Gordon Hayward - Former NBA All-Star and Butler Bulldogs standout
- Monique Billings - WNBA veteran and former UCLA star
- Jordan Robinson - WNBA insider and women's basketball expert
- Howard Megdal - Locked On Women's Basketball host
- Kylen Mills - Big Ten Network broadcaster
- Tenitra Batiste - ESPN commentator
The series will be produced at TEGNA's WFAA studios in Dallas and will be accessible on Fire TV, Fire tablet, and Echo Show devices with no downloads or fees required.
TEGNA (NYSE: TGNA) has appointed John Treviño as president and general manager at WKYC, NBC's Cleveland affiliate, effective March 24. Treviño will oversee station operations and lead advertising initiatives as director of sales.
Treviño joins WKYC from KBMT-KJAC, where he served as president and general manager, achieving significant growth in broadcast share and streaming revenue. Under his leadership, the station ranked #1 in key newscasts and received a Regional Edward R. Murrow Award for Breaking News.
With over 30 years of industry experience, Treviño previously served as vice president and general manager at KDAF in Dallas-Fort Worth, where he launched Morning After, a live multi-platform daily news magazine. He also spent 11 years with NBCUniversal Local in leadership roles at KXTX-Telemundo39 and KXAS-NBC5.
TEGNA Inc. (TGNA) reported strong Q4 and full-year 2024 results, with Q4 total revenue increasing 20% to $871 million, driven by political advertising. Q4 highlights include:
- Political advertising revenue of $187 million
- Subscription revenue up 5% to $357 million
- AMS revenue down 11% to $314 million
- GAAP earnings per share of $1.11
Full-year 2024 performance showed:
- Total revenue up 7% to $3.1 billion
- Political advertising revenue of $373 million
- Subscription revenue decreased 5% to $1.46 billion
- GAAP earnings per share of $3.53
The company returned $356 million to shareholders in 2024 through share repurchases ($275M) and dividends ($81M). TEGNA also announced new distribution agreements with FuboTV and WNBA's Dallas Wings.
TEGNA (NYSE: TGNA) has announced its 2025 Annual Meeting of Shareholders will be held virtually on Wednesday, May 21 at 9 a.m. (ET). Shareholders who own stock as of the close of business on March 24, 2025, will be eligible to vote and receive meeting notifications. The meeting will be conducted via live webcast, with registration details to be provided later on the company's investor relations website at investors.tegna.com.
TEGNA (NYSE: TGNA) has appointed news veteran Adrienne Roark as chief content officer, effective March 31, reporting to CEO Mike Steib. Roark brings over three decades of experience in news leadership and local TV station management. She joins from CBS News and Stations, where she managed CBS-owned stations in New York and Boston, launched weather network coverage, and led the data journalism team.
Prior to CBS, Roark held various leadership positions including general manager roles at Portland stations and vice president positions in Dallas-Fort Worth. She also served in news leadership roles across multiple markets including Miami, Orlando, New Orleans, and at TEGNA stations in Cleveland and Columbus.
TEGNA (NYSE: TGNA) has expanded Tom Cox's role as Chief Growth Officer to include oversight of the company's distribution efforts. Cox will now manage TEGNA's station affiliation partnerships with major networks (NBC, CBS, ABC, and Fox) and multichannel distribution of local news, network content, and live sports.
Cox, who joined TEGNA in 2011, will maintain his existing responsibilities directing M&A, business development, and overseeing Premion's connected TV advertising business. During his tenure, he has completed over fifty transactions totaling nearly $10 billion, significantly expanding TEGNA's portfolio of local stations.
CEO Mike Steib praised Cox's 20 years of cross-functional media experience as important for strengthening the media ecosystem and supporting local news communities. Cox expressed commitment to serving TEGNA's 100 million monthly users through enhanced distribution partnerships.
TEGNA's KFAA and the Dallas Wings have announced an exclusive local broadcast rights agreement. Starting in 2025, all Wings games not designated for national television will be available for free over-the-air in the Dallas-Fort Worth area on KFAA (Ch. 29), with select games potentially airing on WFAA (Ch. 8). KFAA and TEGNA will manage local and regional advertising and sponsorship sales for all local games.
This partnership follows several significant developments for the Dallas Wings, including plans to relocate to downtown Dallas, play in a renovated Dallas Memorial Auditorium, and build a new practice facility. The team has also restructured its Front Office and secured the No. 1 pick in the 2025 WNBA Draft. KFAA (Ch. 29) games will be accessible through various providers including cable, satellite, streaming services, or HD antenna.
TEGNA (NYSE: TGNA) has announced that its Board of Directors has declared a regular quarterly dividend of $0.125 per share. The dividend will be paid on April 1, 2025, to stockholders who are recorded as owners at the close of business on March 7, 2025.