Welcome to our dedicated page for Tegna news (Ticker: TGNA), a resource for investors and traders seeking the latest updates and insights on Tegna stock.
TEGNA Inc. (NYSE: TGNA) is a U.S. media company that operates 64 television stations in 51 markets and emphasizes trusted local news and services. The TGNA news page on Stock Titan aggregates coverage of TEGNA’s corporate announcements, financial results, strategic initiatives and transaction updates, alongside stories highlighting the work of its local stations.
Company press releases feature quarterly and annual financial results, including details on revenue trends, distribution revenue, advertising and marketing services (AMS) revenue, operating expenses, adjusted EBITDA and free cash flow. Investors can follow how factors such as political advertising cycles, macroeconomic conditions and local sports rights influence TEGNA’s reported performance.
News items also cover capital allocation decisions such as regular quarterly dividends, as well as updates on debt redemptions and leverage. TEGNA’s communications describe operational cost‑cutting initiatives and expansions in local programming, including the addition of more than 100 hours of new daily local content across over 50 markets and the appointment of content leaders focused on investigative journalism, weather and cross‑platform storytelling.
A significant stream of news relates to the pending acquisition of TEGNA by Nexstar Media Group, Inc.. Releases and regulatory communications discuss the definitive merger agreement, shareholder approval of the merger, expected closing timing, regulatory review under antitrust and communications laws, and related stockholder litigation and proxy disclosures. These items help readers track the progress and conditions of the transaction and its implications for TGNA stock.
TEGNA‑related news can also highlight station‑level achievements and partnerships, such as Edward R. Murrow Awards for journalism and agreements to broadcast Denver Nuggets and Colorado Avalanche games on Denver’s 9NEWS and My20. Readers interested in TGNA’s role in local news, sports and community programming, as well as the evolution of its ownership structure, can use this page to monitor ongoing developments and historical announcements.
TEGNA Inc. (NYSE: TGNA) announced the appointment of Mark Manders as president and general manager of WGRZ, its NBC affiliate in Buffalo, NY, effective April 4. Manders, who has served as the station's director of sales for 16 years, will oversee operations, emphasizing community service and advertising results. He succeeds Jim Toellner, who is retiring. Manders has a notable background in media and marketing, focused on connecting consumers with businesses in Western New York.
TEGNA Inc. (NYSE: TGNA) has appointed Humberto Hormaza as the new president and general manager of WTIC-WCCT, effective March 7. Hormaza brings extensive experience from Entravision Communications, where he launched successful news and radio initiatives. He is expected to enhance community service and drive advertising results at the Hartford-based stations. Larry Delia, SVP of media operations, expressed confidence in Hormaza's leadership for the station's future success.
TEGNA has announced its acquisition by Standard General for $24.00 per share, pending shareholder and regulatory approvals. In 2021, TEGNA achieved record revenues of $3.0 billion, with subscription revenue up 14% to $1.5 billion, and AMS revenue rising 22% to $1.4 billion. Despite a 17% decline in Q4 total revenue to $775 million, the company reported strong performance in AMS and subscription segments. TEGNA's net income for Q4 was $129 million, and full-year Adjusted EBITDA reached $948 million. The acquisition is expected to close in the second half of 2022, transitioning TEGNA to a private entity.
TEGNA (NYSE: TGNA) announced a regular quarterly dividend of 9.5 cents per share, with a payment date set for April 1, 2022. This will be available to stockholders on record as of March 4, 2022. Additionally, TEGNA and Standard General L.P. confirmed a definitive agreement for TEGNA's acquisition at $24.00 per share in cash, expected to close in the second half of 2022. TEGNA will continue its regular quarterly dividend through this transaction.
TEGNA (NYSE: TGNA) has entered into a definitive agreement for its acquisition by an affiliate of Standard General at $24.00 per share, valuing the transaction at approximately $5.4 billion. This represents a 39% premium over TEGNA’s share price prior to acquisition speculation. The deal aims to maximize shareholder value and will transition TEGNA into a private company, enhancing its capacity to adapt to the evolving media landscape. The transaction is expected to close in the second half of 2022, pending regulatory and shareholder approvals.
TEGNA (NYSE: TGNA) and Mediacom Communications have reached a new agreement to renew the carriage of TEGNA stations on Mediacom. This deal ensures that TEGNA's 12 owned stations will be available to affected Mediacom customers soon. TEGNA’s EVP, Lynn Beall, emphasized the importance of providing subscribers access to local news, sports, and network content. The agreement aims to enhance viewer experience and service delivery in Mediacom markets.
TEGNA Inc. (NYSE: TGNA) announced a significant 48% year-over-year growth in its Locked On Podcast Network, reaching over 115 million podcast listens and views in 2021. The network expanded to 118 active channels since launching its first YouTube channel in May 2021, averaging 3 million views monthly. Notable growth was recorded in NHL (159%), MLB (97%), College Sports (72%), NBA (50%), and NFL (32%) podcasts. Looking ahead, Locked On plans to enhance local sports coverage and live event streaming, including special coverage from Super Bowl LVI.
TEGNA Inc. (NYSE: TGNA) announced that its news stations KARE in Minneapolis and KXTV in Sacramento have won 2022 Alfred I. duPont-Columbia University Awards for excellence in journalism. KARE was recognized for its investigative report on preventable inmate deaths in Minnesota, leading to significant reforms. KXTV's series held Pacific Gas & Electric accountable for its role in the California wildfires. These awards highlight TEGNA's commitment to impactful journalism that effects change in local communities.
TEGNA Inc. (NYSE: TGNA) announced a new carriage agreement with DISH, restoring access to its 64 owned stations for DISH TV subscribers. The deal includes retransmission consent for live local news, national sports, and popular network content. The agreement is expected to enhance TEGNA's service offerings and strengthen its market presence. Lynn Beall, EVP and COO of media operations at TEGNA, expressed gratitude for viewer patience during the negotiation process.
TEGNA (NYSE: TGNA) announces the digital premiere of a three-part investigation series titled "A Different Cry" on January 23, focusing on rising suicide rates among Black youth in America. This series, produced by the award-winning Atticus investigative unit, highlights personal stories of families affected by suicide, exposing how school systems are inadequately equipped to handle bullying complaints. The series aims to illuminate the underreported crisis and encourage community awareness and intervention efforts.