NAB Leadership Foundation names new board members
The NAB Leadership Foundation (NABLF) has appointed seven new members to its board of directors.
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.
The NAB Leadership Foundation (NABLF) has appointed seven new members to its board of directors.
TEGNA attributed its lower revenue to continued pain points in the local and national advertising market.
The Preserve Viewer Choice Coalition pits major broadcast network owners against local affiliate groups in the fight over the streaming television industry’s future.
The goal of the Coalition for Local News is to change federal regulations, so streaming services are required to negotiate carriage deals with broadcasters directly.
The broadcaster expressed interest in TEGNA based on its strong approach to community-driven journalism.
Cox Media, Paramount Global and Fox Corporation have agreed to pay $48 million and cooperate in litigation against other media companies.
Television broadcaster TEGNA says its pending deal to be acquired by Standard General is officially dead.
The judge’s decision will effectively kill Standard General’s deal to acquire TEGNA.
A federal appeals court denied a petition from Standard General that would have forced the FCC to vote on its proposed merger with broadcaster TEGNA. [Fierce Video]
The concession comes as Standard General’s deal to acquire TEGNA appears to be falling apart.