TEGNA, Standard General merger gets green light from committee
A group weighing Standard General’s proposed acquisition of TEGNA has told the FCC that the merger has their blessing.
TEGNA ($TGNA) is a local broadcast company that operates more than five dozen local television stations in 66 markets across the country. The company is based in Tysons, Virginia.
A group weighing Standard General’s proposed acquisition of TEGNA has told the FCC that the merger has their blessing.
TEGNA says it was able to renew affiliation agreements with CBS and Fox for nearly two dozen of its local broadcast stations.
Carriage fee revenue outpaced traditional advertisement revenue for at least the second straight quarter at TEGNA, the company affirmed this week.
Sacramento ABC station KXTV is returning to the studio with an updated news set and a refreshed morning news program.
The FCC demanded an explanation as to how Standard General’s acquisition of TEGNA would serve the public interest.
Revenue from cable carriage fees eclipsed that of traditional and digital ad revenue for the first time last year at TEGNA.
TEGNA is rolling out a new streaming news initiative that will see dozens of its broadcast stations launching individual applications over the next few weeks.
Local broadcaster TEGNA is being acquired by a well-known hedge fund.
Sacramento sports anchor and “Boards for Change” co-founder Lina Washington is leaving for a TV role in Phoenix, Arizona.
The trick, which was ultimately revealed on “Last Week Tonight,” was part of a broader commentary on the practice of sponsored content.