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.
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'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.
TEGNA Inc. (NYSE: TGNA) has announced it will host its fourth quarter and full-year 2024 earnings conference call on Thursday, February 27, 2025, at 9 a.m. ET. The conference call will be accessible via webcast through the company's website and is open to investors, financial community, media, and the public.
Participants joining by phone must register through 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 February 27, with related materials available through the Investor Relations section of TEGNA's website. The webcast will be archived for future access.
TEGNA Inc. (NYSE: TGNA) has appointed Scott Dempsey as president and general manager of WLTX, its CBS affiliate in Columbia, South Carolina. Dempsey brings significant experience from his 2015-2022 role as vice president and general manager at WBTV in Charlotte, where he led the station to achieve top market position for the first time in 35 years.
During his career, Dempsey served as a regional vice president for Raycom Media, overseeing multiple stations across the Southeast. His background includes sales positions at ABC National Sales, WABC-TV, and WFTS-TV, as well as entrepreneurial experience as CEO of a Florida-based home building business.
In his new role at WLTX, Dempsey will be responsible for managing station operations across all platforms and driving advertiser results. The appointment is effective immediately.
TEGNA (NYSE: TGNA) has announced its Board of Directors' declaration of a regular quarterly dividend of 12.5 cents per share. The dividend will be paid on January 2, 2025, to stockholders who are recorded as of the close of business on December 6, 2024.
TEGNA (NYSE: TGNA) has appointed Dhanusha Sivajee as senior vice president and chief experience officer, effective immediately. Reporting to CEO Mike Steib, Sivajee will oversee the end-to-end journey of local community members across TEGNA's portfolio, reaching approximately 100 million people monthly. She will manage research, communications, brand, performance and lifecycle marketing, and consumer digital product development. Sivajee joins from Angi, Inc., where she served as CMO, and brings extensive experience from previous roles at The Knot Worldwide, AOL Brand Group, Bloomberg Media, and HBO.
TEGNA (TGNA) reported strong Q3 2024 results with total revenue increasing 13% to $807 million, driven by record political advertising of $126 million and positive growth in advertising and marketing services. Subscription revenue decreased 6% to $356 million due to subscriber declines. The company achieved $270 million in Adjusted EBITDA, up 62%. GAAP earnings per share reached $0.89, while non-GAAP EPS was $0.94. TEGNA returned over $90 million to shareholders through share repurchases and dividends, maintaining its commitment to return approximately $350 million in 2024.
TEGNA has announced a new multi-year agreement with FuboTV, the sports-first live TV streaming platform. The deal enables Fubo subscribers to access live telecasts from KFAA in Dallas, with KONG in Seattle and KTVD in Denver launching soon. KFAA will broadcast 70+ Dallas Mavericks games, KONG will air 70+ Seattle Kraken games, and KTVD will broadcast 20 Denver Nuggets games and 20 Colorado Avalanche games.
TEGNA has appointed Carolyn Mungo as president and general manager at WFAA-KFAA, its ABC affiliate serving Dallas-Ft. Worth. Mungo, who previously served as vice president and station manager since 2019, will oversee station operations across all platforms, community outreach, and advertising results. Under her leadership, WFAA has earned numerous prestigious awards, including ten National Edward R. Murrow awards and their first Overall Excellence award in 2023. She brings extensive experience in journalism and leadership, having previously served as executive news director and led coverage of major national stories.
TEGNA Inc. (NYSE: TGNA) has appointed Alex Tolston as senior vice president and chief legal officer, effective immediately. Tolston will lead the company's legal department and serve on the leadership team, reporting to CEO Mike Steib. His responsibilities include overseeing legal functions across corporate governance, content creation and distribution, regulatory matters, ethics and compliance, M&A, capital markets, and litigation.
Previously, Tolston was executive vice president, chief legal officer, and corporate secretary at Hemisphere Media Group, where he executed growth strategies and managed complex transactions. His experience includes acquisitions, joint ventures, and intellectual property strategy. Tolston holds a B.A. from Tulane University and a J.D. from New York Law School, and has prior experience at Paul, Weiss, Rifkind, Wharton & Garrison LLP and Bear, Stearns & Co., Inc.
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