TEGNA
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 Arlington County, Virginia.
Until 2015, TEGNA was part of Gannett Company.
TEGNA reports lower distribution, ad revenue during Q3
Overall revenue was depressed by a predictable drop in political advertising spend against TEGNA-owned local TV stations during Q3.
EARNINGS REPORT
Nexstar CEO: Still optimistic about TEGNA deal, NextGen TV push
Nexstar CEO Perry Sook said the regulatory environment favors mass-media consolidation and the launch of NextGen TV as the new digital broadcast standard.
Nexstar grabs $1.2 billion during Q3, advertising revenue drops
Nexstar saw its overall revenue dip more than 12 percent during the third financial quarter of the year.
EARNINGS REPORT
Colorado lawmakers voice opposition to Nexstar-TEGNA deal
The state lawmakers say the proposed merger would be a disservice to residents of their state.
S&P: Cord-cutting continues to impact TV retransmission fee revenue
Retransmission fees are expected to reach $7.4 billion by 2030, up nearly 2 percent from current rates, according to S&P Global Market Intelligence.
DATA
Prosecutors outline possible motive for KXTV shooting
Sacramento prosecutors accuse Anibal Hernandez Santana of fired multiple shots into ABC10’s newsroom in a politically motivated attack, leading to state and federal charges carrying up to 17 years in prison.
TEGNA renews broadcast agreement with Kroenke Sports for Colorado sports
Kroenke Sports & Entertainment will once again make a slate of Denver Nuggets and Colorado Avalanche games available on free broadcast television through a renewed agreement with TEGNA.
Man arrested for drive-by shooting at Sacramento ABC TV station
Police in Northern California are still attempting to determine a motive for the Friday afternoon shooting.
Broadcasters who criticized Jimmy Kimmel have deals pending before FCC
Nexstar wants to merge with TEGNA, and Sinclair is in the process of buying and selling TV stations — all of which require approval from the FCC.
DirecTV expands “MySports” package to include more broadcast stations
Independently-owned ABC, CBS and NBC affiliates are joining a wide number of Fox stations and affiliates available through the plan.
CNN exec Javier Morgado joins TEGNA as VP of Content
Local television broadcaster TEGNA has hired a long-time CNN executive to serve as its new Vice President of Content
Newsmax CEO: FCC lacks authority to eliminate broadcast ownership cap
Newsmax CEO Chris Ruddy says raising or eliminating the FCC's ownership cap would harm localism and raise costs for consumers to the benefit of executives and shareholders.