TEGNA

TEGNA, Inc. is a media company, which serves the greater good of its communities through empowering stories, impactful investigations and innovative marketing services. It also owns multicast networks Justice Network and Quest. The firm also offers marketing solutions to help businesses reach consumers across television, email, social and over-the-top (OTT) platforms, including Premion, TEGNA’s OTT advertising service. The company was founded by Frank E. Gannett in 1906 and is headquartered in Tysons, VA.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

TEGNA terminates merger, focuses on growth strategies amid revenue challenges

TEGNA navigated the termination of a merger agreement, focusing on stand-alone operations with a strong financial strategy.
Despite revenue challenges from political and major event absences, the company saw growth in subscription revenue and OTT advertising.
Recruitment hurdles, political revenue limitations in Texas, and a single account loss for Premion present challenges and opportunities for TEGNA.

TEGNA reports record Q2 revenue, eyes growth opportunities ahead

TEGNA delivered a strong performance in Q2 with record subscription revenue and improved advertising trends.
Despite challenges like slowed net retrans growth, the company's focus on local advertising and strong balance sheet position it well for the future.
Opportunities in repricing, national advertising growth, and shareholder value creation through accretive opportunities are key focus areas.
Transition to a new CFO signals leadership changes while maintaining confidence in the company's future trajectory.

TEGNA achieves record Q3 revenue, faces CFO transition challenges

TEGNA reported strong performance in subscription revenue and advertising verticals, emphasizing shareholder return and strategic growth initiatives.
Challenges include future negotiations with partners, CFO transition, and uncertainties in ATSC 3.0 adoption and business models.
Opportunities lie in driving revenue growth, audience engagement, and exploring M&A opportunities to capitalize on evolving market trends.
Overall, TEGNA's focus on capital allocation, market presence, and adapting to industry changes positions it for continued growth and shareholder value.

TEGNA reports robust financials, eyes streaming growth amid regulatory changes

TEGNA's Q4 and Full Year '23 performance was strong, meeting or exceeding guidance metrics and revenue targets
The company's new capital allocation framework aims to enhance shareholder value over the next 2 years
Strategic acquisitions like Octillion and focus on streaming advertising present growth opportunities for TEGNA
Navigating regulatory challenges and market dynamics while capitalizing on strengths will be key for TEGNA's future success

TEGNA delivers strong Q1 results, eyes local market growth

TEGNA's Q1 performance was solid with positive growth in key areas. While facing challenges in sports rights negotiations and uncertain national trends, the company remains optimistic about local market opportunities. Strong focus on shareholder returns and cost-saving initiatives.

TEGNA meets Q2 guidance, anticipates ad spend uptick in Q3

TEGNA delivered solid Q2 results driven by local ad performance, with optimism for increased ad spend in Q3. The company's focus on cost reduction and growth opportunities sets a positive outlook for the future.

TEGNA reports revenue growth in Q3, eyes cost efficiency and strategic acquisitions

TEGNA's Q3 performance was driven by political advertising and marketing services, with a focus on cost efficiency and shareholder returns
Challenges include subscription revenue decline and cautious outlook post-election, balanced by growth opportunities in local sports rights and strategic acquisitions
Overall, TEGNA remains resilient in revenue streams and committed to optimizing operations for future growth

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Apollo Global Management

Big publicly traded broadcaster Tegna, which has been in play for months, agreed to sell itself to Standard General and a group of funds including Apollo Global Management, the owner of Cox Media Group. It's a a cash deal for $24 a share. That's $5.4 billion, or $8.6 billion including the assumption of debt. The...

Big Broadcaster Tegna Sold To Standard General, Apollo Global

Tegna — spun off from newspaper giant Gannett in 2015 as a separate, publicly traded company — operates 64 TV and 2 radio stations across 54 US markets.

Soo Kim's Standard General partners with Apollo to buy Tegna for $8.7B

Tegna Inc. TGNA, +0.14% announced Tuesday an agreement to be acquired by privately held Standard General L.P. in a deal with an equity value of about $5.4 billion.

Tegna to be taken private in a $5.4 billion cash deal by Standard General

TYSONS, Va. & NEW YORK--(BUSINESS WIRE)-- #TEGNA--TEGNA and an affiliate of Standard General have entered into a definitive agreement under which TEGNA will be acquired for $24.00 per share in cash.

TEGNA to be Acquired by Standard General for $24.00 Per Share

Standard General and Apollo Global Management Inc (NYSE: APO) agreed to acquire television broadcaster Tegna Inc (NYSE: TGNA). They will acquire Tegna in a transaction valued at $24 a share.

Why Tegna Shares Are Trading Higher Today?

TYSONS, Va. and MEDIACOM PARK, N.Y.--(BUSINESS WIRE)--TEGNA Inc. (NYSE: TGNA) and Mediacom Communications today announced they have reached a new agreement regarding renewed carriage of TEGNA stations on Mediacom. All TEGNA stations will return to impacted Mediacom homes as soon as possible. “We are pleased to announce that we have reached a new agreement,” said Lynn Beall, EVP and COO, media operations, TEGNA, and Italia Commisso-Weinand, EVP of programming and human resources for Mediacom. “T

TEGNA and Mediacom Communications Reach New Retransmission Consent Agreement

TYSONS, Va.--(BUSINESS WIRE)-- #TEGNA--Locked On Podcast Network's audience grew by 48 percent year-over-year, ending 2021 with a total audience of more than 115 million listens and views.

TEGNA's Locked On Podcast Network Grows Audience and Expands Video Offerings

TYSONS, Va.--(BUSINESS WIRE)-- #TEGNA--TEGNA's KARE and KXTV receive 2022 Alfred I. duPont-Columbia University Awards which honor excellence in broadcast, online and documentary journalism.

TEGNA Stations KARE and KXTV Win Prestigious 2022 Alfred I. duPont-Columbia University Awards

TEGNA Inc. (TGNA) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.

TEGNA Inc. (TGNA) Soars 7.4%: Is Further Upside Left in the Stock?

Tegna Inc (NYSE: TGNA) and DISH Network Corp (NASDAQ: DISH) forged a new carriage agreement. The agreement helped restore the local stations immediately on DISH TV, in time for the Winter Olympics and Super Bowl LVI.

Tegna, DISH Reaches Carriage Deal: All You Need To Know

TYSONS, Va.--(BUSINESS WIRE)-- #TEGNA--TEGNA announced it has reached a new carriage agreement with DISH.

TEGNA Reaches New Retransmission Consent Agreement with DISH

Shares in local TV station owner Tegna jumped more than 7% today after a report it is in advanced talks to sell itself to Standard General, one of its largest shareholders. Private equity giant Apollo Global Management, a longtime investor in local TV, would provide financial backing in exchange for preferred shares, according to the...

Tegna Stock Jumps On Report Of New Sale Talks As Station Group Seals Carriage Deal With Dish, Ending 4-Month Blackout

TEGNA Inc. (TGNA) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.

TEGNA Inc. (TGNA) Surges 5.3%: Is This an Indication of Further Gains?

Standard General and Apollo Global Management Inc (NYSE: APO) closed in on a $9-billion deal for television station owner Tegna Inc (NYSE: TGNA), New York Post reports. The buyers and Tegna have cleared a major stumbling block of how much the Standard General-Apollo team would need to pay if the deal takes more than a year to win the Federal Communications Commission and other regulators.

Why Are Tegna Shares Trading Higher?

Standard General and Apollo Global Management are closing in on a roughly $9 billion deal for television station owner Tegna, sources close to the situation say.

Standard General, Apollo close in on $9B deal for Tegna, sources say

TYSONS, Va.--(BUSINESS WIRE)-- #TEGNA--TEGNA announced that Rebecca Cantu has been named president and general manager at KIII-TV, the ABC affiliate in Corpus Christi, Texas.

TEGNA Names Rebecca Cantu President and General Manager of KIII in Corpus Christi

TYSONS, Va.--(BUSINESS WIRE)-- #TEGNA--TEGNA will host a conference call to discuss its fourth quarter and full-year 2021 earnings results on Monday, February 28 at 9:00 a.m. (ET).

TEGNA to Webcast Fourth Quarter and Full-Year 2021 Earnings Conference Call on Monday, February 28

TV-station empire Tegna has hit a roadblock in negotiations with suitors who are looking to buy the company in a deal worth $8.4 billion, sources close to the situation said.

Tegna's talks to sell TV empire for $8.4 billion hit roadblock

TYSONS, Va.--(BUSINESS WIRE)-- #TEGNA--TEGNA was honored by the Women's Forum of New York for achieving 42 percent female representation on its board of directors.

TEGNA Honored by the Women's Forum of New York for Leadership in Board Gender Parity

TYSONS, Va.--(BUSINESS WIRE)-- #TEGNA--TEGNA enters multi-year partnership with Law&Crime Productions and Cineflix Rights to co-produce original true crime and investigative docuseries.

TEGNA Partners with Dan Abrams' Law&Crime Productions and Cineflix Rights to Produce Up to 250 True Crime and Investigative Originals for the Worldwide Market

TEGNA Inc. (TGNA) CEO Dave Lougee on Q3 2021 Results - Earnings Call Transcript

TEGNA's (TGNA) third-quarter 2021 results reflect strong growth in subscription revenues, and advertising and marketing services revenues.

TEGNA (TGNA) Q3 Earnings Beat Estimates, Revenues Rise Y/Y

Media entrepreneur Byron Allen has raised $10 billion in preferred equity and debt for his bid for U.S. regional TV station operator Tegna Inc, hoping to prevail over a rival offer from investment firms Apollo Global Management Inc and Standard General LP, people familiar with the matter said.

Media mogul Byron Allen raises $10 billion for Tegna bid, debt refinancing -sources

TYSONS, Va.--(BUSINESS WIRE)-- #TEGNA--TEGNA Inc. has filed a response to DISH's baseless complaint to the FCC and, in addition, has filed its own cross-complaint against DISH.

TEGNA Files Cross-Complaint Against DISH for Bad-Faith Conduct and Responds to Its False Claims

TYSONS, Va.--(BUSINESS WIRE)-- #TEGNA--TEGNA Inc. Announces Record Third Quarter Revenue and Provides Fourth Quarter Guidance

News for TEGNA Stock (TGNA)