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.
Nexstar DEI philosophy could complicate TEGNA deal at FCC
A high-level Nexstar executive confirms DEI elements remain part of its "corporate philosophy," creating a possible catch-22 at the FCC as it weighs the Nexstar-TEGNA deal.
EXCLUSIVE
Newsmax urges FCC to deny Nexstar-TEGNA merger
The company warned the deal would increase retransmission fees and further concentrate power among local TV station owners.
Nexstar CEO says Trump, Congress favor broadcast deregulation
Nexstar CEO Perry Sook said he expects support from the Trump administration for the company’s $6.2 billion proposed merger with TEGNA.
FCC seeks public comment on Nexstar-TEGNA merger
The FCC has started a pleading cycle that seeks public comment on Nexstar Media Group's $6 billion acquisition of peer broadcaster TEGNA.
TEGNA SVP Larry Delia announces retirement
Larry Delia has announced his retirement from local television broadcaster TEGNA after a career in the industry that spans the better part of four decades.
EXECUTIVE MOVES
Broadcast TV stocks dip after Trump opines about ownership rules
President Trump appeared to side against reforming broadcast ownership rules in a post on Truth Social on Sunday.
Nexstar readies FCC applications to acquire TEGNA stations
Nexstar CEO Perry Sook reiterated that broadcast TV consolidation needs to happen to effectively compete against streaming platforms.
TEGNA shareholders approve proposed Nexstar acquisition
Shareholders of TEGNA have signaled their approval of a proposed merger involving Nexstar Media Group, the companies announced on Tuesday.
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.