Tegna Inc.

TEGNA Completes Acquisition of Leading Multicast Networks Justice and Quest

Retrieved on: 
Tuesday, June 18, 2019

TEGNA Inc. (NYSE: TGNA) today announced that it has completed its previously announced acquisition of leading 24/7 multicast networks Justice Network and Quest from Cooper Media.

Key Points: 
  • TEGNA Inc. (NYSE: TGNA) today announced that it has completed its previously announced acquisition of leading 24/7 multicast networks Justice Network and Quest from Cooper Media.
  • TEGNA paid approximately $77 million in cash for the approximately 85 percent of the two networks it did not previously own, valuing Justice and Quest at $91 million.
  • Brian Weiss, former president and general manager of Cooper Media, has joined TEGNA as president of Justice Network and Quest.
  • TEGNA also owns leading multicast networks Justice Network and Quest that reach more than 87 million U.S. television homes.

TEGNA Foundation Announces Grants to Serve Local Community Needs

Retrieved on: 
Wednesday, June 12, 2019

The TEGNA Foundation, the charitable foundation sponsored by TEGNA Inc. (NYSE: TGNA), announced today it will award 106 community grants in its first-of-two rounds of annual community grantmaking for 2019.

Key Points: 
  • The TEGNA Foundation, the charitable foundation sponsored by TEGNA Inc. (NYSE: TGNA), announced today it will award 106 community grants in its first-of-two rounds of annual community grantmaking for 2019.
  • The grants are recommended by TEGNAs local stations, which identify pressing needs in their local communities and address these needs through a combination of grantmaking, storytelling and employee volunteerism.
  • In addition to TEGNA Foundation Community Grants, individual stations are actively involved in community engagement, raising more than $100 million each year to support local causes and leveraging on-air and digital storytelling to call attention to urgent issues.
  • TEGNA Foundation Community Grants support the diverse needs of the communities where TEGNA does business, with the majority of distributed grants falling into four of the United Nations Sustainable Development Goal Categories: Good Health and Well-Being, Quality Education, No Poverty, and Zero Hunger.

TEGNA to Acquire Dispatch Broadcast Group’s Leading, Top Ranked Stations in Indianapolis, IN and Columbus, OH

Retrieved on: 
Tuesday, June 11, 2019

TEGNA is also acquiring WBNS Radio (1460 AM and 97.1 FM), the leader in sports radio in Central Ohio among adults 25-54.

Key Points: 
  • TEGNA is also acquiring WBNS Radio (1460 AM and 97.1 FM), the leader in sports radio in Central Ohio among adults 25-54.
  • The city is home to major league teams and sports events like the Indianapolis 500, which air on NBC.
  • Once the transaction concludes, TEGNA stations will serve two-thirds of all television households in Ohio.
  • With 49 television stations and two radio stations in 41 markets, TEGNA delivers relevant content and information to consumers across platforms.

TEGNA to Webcast Second Quarter 2019 Earnings Conference Call on Tuesday, August 6

Retrieved on: 
Tuesday, May 14, 2019

TEGNA Inc. (NYSE: TGNA) will host its second quarter 2019 earnings conference call with financial analysts on Tuesday, August 6, 2019 at 8:30 a.m. (ET).

Key Points: 
  • TEGNA Inc. (NYSE: TGNA) will host its second quarter 2019 earnings conference call with financial analysts on Tuesday, August 6, 2019 at 8:30 a.m. (ET).
  • The call will be accessible live to the media and general public via webcast and through a limited number of dial-in conference lines.
  • TEGNAs earnings announcement will be released to news outlets and wire services before the market opens on August 6.
  • To listen to the live webcast, access investors.TEGNA.com and click on the link to the webcast.

Michael Mejia Promoted to Sales Manager at Colling Media Advertising Agency

Retrieved on: 
Tuesday, May 14, 2019

SCOTTSDALE, Ariz., May 14, 2019 /PRNewswire/ --Colling Media Advertising Agency announced today the promotion of Michael Mejia to Sales Manager, effective immediately.

Key Points: 
  • SCOTTSDALE, Ariz., May 14, 2019 /PRNewswire/ --Colling Media Advertising Agency announced today the promotion of Michael Mejia to Sales Manager, effective immediately.
  • In his previous role as National Accounts Manager, Mejia was responsible for maximizing return on advertising budgets and directing advertising strategy for key Colling Media clients.
  • As Sales Manager, Mejia will oversee the day-to-day sales activities of the agency sales team, and account management team while generating new agency partners.
  • Mejia spent 22 years at KPNX-TV (NBC) Phoenix, AZ holding roles as National Sales Manager, Regional Sales Manager, Local Sales Manager, Local Account Executive, and political advertising specialist for 12 News.

TEGNA Inc. Reports Solid 2019 First Quarter Results

Retrieved on: 
Thursday, May 9, 2019

Guidance includes stations acquired in the first quarter of 2019; excludes acquisitions announced but not yet closed.

Key Points: 
  • Guidance includes stations acquired in the first quarter of 2019; excludes acquisitions announced but not yet closed.
  • Content Transformation Process - Initiatives continue to show results with audience share increases in key large markets.
  • Four TEGNA stations were awarded Walter Cronkite Awards for Excellence in Political Journalism, again more than any other news organization.
  • TEGNA Inc. (NYSE: TGNA) will host its first quarter 2019 earnings conference call with financial analysts on Thursday, May 9, 2019 at 8:30 a.m. (ET).

TEGNA to Acquire Leading Multicast Networks Justice and Quest

Retrieved on: 
Monday, May 6, 2019

TEGNA Inc. (NYSE: TGNA) today announced the company has entered into a definitive agreement with Cooper Media to acquire leading 24/7 multicast networks Justice Network and Quest.

Key Points: 
  • TEGNA Inc. (NYSE: TGNA) today announced the company has entered into a definitive agreement with Cooper Media to acquire leading 24/7 multicast networks Justice Network and Quest.
  • TEGNA will pay approximately $77 million in cash for the approximately 85 percent of Justice Network and Quest that it does not currently own, valuing the networks at $91 million.
  • The acquisition provides TEGNA with two leading multicast television networks that reach more than 87 million U.S. television homes.
  • Justice Network and Quest each offer unique ad-supported programming and are among the fastest-growing and top entertainment multicast networks in the U.S.
    Justice Network , which launched in 2015, is focused on the popular category of true-crime, mystery and investigation.

Court TV Adds More Multi-Platform Distribution As Iconic Brand Readies for Return May 8 at 9:00 a.m. (ET)

Retrieved on: 
Thursday, May 2, 2019

Court TV has entered into agreements directly with more than a dozen mid-sized cable providers, including GCI Cable; Massillon Cable TV; Buckeye Cable; Skitter TV; CDE Lightband and Hotwire Communications.

Key Points: 
  • Court TV has entered into agreements directly with more than a dozen mid-sized cable providers, including GCI Cable; Massillon Cable TV; Buckeye Cable; Skitter TV; CDE Lightband and Hotwire Communications.
  • Court TV unveiled the following new over-the-air agreements, which add 48 markets:
    Meredith Broadcasting will carry the network in Atlanta and Nashville, Tennessee.
  • TEGNA will launch Court TV in Minneapolis; Charlotte, North Carolina; Jacksonville, Florida; Louisville, Kentucky and Spokane, Washington.
  • Court TV will be seen in Knoxville, Tennessee; Augusta, Georgia, Panama City, Florida and Dothan, Alabama on Lockwood Broadcast Group stations.

TEGNA Shareholders Overwhelmingly Re-elect Board Members and Approve Say on Pay Proposal at Annual Meeting

Retrieved on: 
Thursday, April 25, 2019

Shareholders of TEGNA Inc. (NYSE: TGNA) today overwhelmingly approved the re-election of Board members, an advisory resolution on the compensation of the companys named executive officers and ratified the appointment of PricewaterhouseCoopers LLP.

Key Points: 
  • Shareholders of TEGNA Inc. (NYSE: TGNA) today overwhelmingly approved the re-election of Board members, an advisory resolution on the compensation of the companys named executive officers and ratified the appointment of PricewaterhouseCoopers LLP.
  • Directors will serve one-year terms ending at TEGNAs 2020 annual meeting.
  • With 49 television stations and two radio stations in 41 markets, TEGNA delivers relevant content and information to consumers across platforms.
  • TEGNA also delivers innovative and unparalleled solutions for advertisers through TEGNA Marketing Solutions (TMS).

TEGNA Announces Quarterly Dividend

Retrieved on: 
Wednesday, April 24, 2019

TEGNA Inc. (NYSE: TGNA) is an innovative media company that serves the greater good of our communities.

Key Points: 
  • TEGNA Inc. (NYSE: TGNA) is an innovative media company that serves the greater good of our communities.
  • With 49 television stations and two radio stations in 41 markets, TEGNA delivers relevant content and information to consumers across platforms.
  • TEGNA has been consistently honored with the industrys top awards, including Edward R. Murrow, George Polk, Alfred I. DuPont and Emmy Awards.
  • TEGNA also delivers innovative and unparalleled solutions for advertisers through TEGNA Marketing Solutions (TMS).