We expect 2022 to be another extraordinary. In these roles, she has served as a key member of the leadership teams responsible for the successful acquisition, integration, and operation of more than 90 stations. Again, the wording is low biased such as this: What Arizona lawmakers have to say about Wednesdays Iran briefing. Continued Progress on Achieving 2025 Diversity, Equity and Inclusion Goals Following our stated five-pillar plan, at the end of 2022, we continued to make progress against our 2025 DE&I goals to grow Black, Indigenous and People of Color (BIPOC) representation in content teams, content leadership and company leadership. The national average salary for a TEGNA employee in the United States is $56,684 per year. Rankings are based on government and proprietary data on salaries, company financial health, and employee diversity. Additionally, the company announced that it would buy out the remainder of Classified Ventures (a joint venture between Tegna and several other media companies) for $1.8billion, giving it full ownership of properties such as Cars.com.[5][6]. Read our profile on the United States government and media. [3] [4] It was created on June 29, 2015, when the Gannett Company split into two publicly traded companies. TEGNA offers innovative solutions to help businesses reach consumers across television, digital and over-the-top (OTT) platforms, includingPremion, TEGNAs OTT advertising service. With 63 television stations in 51 U.S. markets, TEGNA is the largest owner of top 4 network affiliates in the top 25 markets among independent station groups, reaching approximately 39 percent of all television households nationwide. TEGNA (TGNA) and NBC Ink Multi-Year Deal to Renew Affiliation TEGNAs stations have earned excellent reputations as leading local content providers, and TEGNAs digital and content assets are a key part of its future in an evolving media landscape. TEGNA Employees Receive Industry Honors TEGNA employees received industry honors, including Boyd Huppert, reporter at KARE and TEGNAs chief storytelling coach, who is receiving a Lifetime Achievement Award from the Radio Television Digital News Foundation. [3][4] It was created on June 29, 2015, when the Gannett Company split into two publicly traded companies. Subscription revenue was a fourth quarter record of $372 million, up 11 percent year-over-year, due to rate increases, partially offset by subscriber declines and the comparison to the DISH disruption in 2021. They specifically cited statements by Standard General regarding plans for a Washington, D.C. bureau to produce content for local newscasts, and arguing that Tegna's stations had "too many employees". Tegna's digital advertising subsidiary Premion will be held as a standalone business between Standard and CMG. TEGNA Inc Company Profile - Overview - GlobalData Advertising and sponsored content generate revenue. Other major sources include 2ndVote, a research provider that scores companies from 5 (most conservative) to 1 (most liberal), and OpenSecrets, an online database that tracks political donations in the U.S. The data presented on this page does not represent the view of TEGNA and its employees or that of Zippia. TEGNA Inc. (NYSE: TGNA) is an innovative media company that serves the greater good of our communities. However, the distorted picture of Tegna and its stations painted by Standard General to advance its ill-conceived proxy fight will not distract from our significant focus on DE&I [diversity, equity and inclusion] as well as our strong financial performance.. Also after closing, Premion is expected to operate as a standalone business majority owned by Cox Media Group and Standard General. Best Media Companies to Work For in Virginia, Best Media Companies to Work For in McLean, VA. Help other job seekers by rating TEGNA. TEGNA also owns leading multicast networks True Crime Network, Twist and Quest. Gracia Martore, president and CEO of Tegna, retired and stepped down from the board. [54], Other shows Tegna Media has on first-run syndication across most of its stations are Sister Circle (also shown on cable network TV One),[55] and reality competition Sing Like A Star. The employee data is based on information from people who have self-reported their past or current employments at TEGNA. Owned by Sander Media from 2013 to 2015 and operated by Gannett/Tegna prior to its acquisition by Tegna Inc. in 2015. TEGNA also delivers innovative and unparalleled solutions for advertisers through TEGNA Marketing Solutions (TMS). Free cash flow3 was $297 million for the quarter. TEGNAs employees deserve tremendous credit for their commitment to serving our viewers with high-quality news and content that informs and supports our local communities. Information regarding the persons who may, under the rules of the SEC, be deemed participants in the solicitation of the stockholders of the Company in connection with the proposed transaction, including a description of their respective direct or indirect interests, by security holdings or otherwise, will be included in the proxy statement when it is filed with the SEC. These achievements are a credit to the hard work of TEGNAs dedicated employees, who are the Companys most valuable asset. CBS and TEGNA Renew Affiliation Agreement - Paramount The transaction has an equity value of approximately $5.4 billion and an enterprise value of approximately $8.6 billion, including the assumption of debt. Tegna also owns three digital multicast networks (True Crime Network, Quest, and Twist). Robert Dickey who led Gannett's newspaper group would continue as CEO of the company as a sole newspaper publisher, leaving the former broadcasting and digital operations under the leadership of Gracia Martore. It also provides operational services to another Fox affiliate, WUPW in Toledo, through a shared services agreement with that station's owner American Spirit Media (agreements that were carried over from WTOL's previous ownership; ASM had acted in a similar capacity with several stations). Mr. Kim is supported by a diverse, highly experienced 17-person team, including seven investment professionals with over 120 years of collective investing experience. [7] The spin-out was structured so that "old" Gannett changed its name to Tegna, Inc., then spun off its newspaper holdings into a "new" Gannett. Readers are cautioned not to place undue reliance on forward-looking statements made by or on behalf of the Company. Investors will be able to obtain a free copy of the proxy statement and other related documents (when available) filed by the Company with the SEC at the website maintained by the SEC at www.sec.gov. In February, Tegna entered into a definitive agreement to be acquired by an affiliate of Standard General for $24 per share in cash and become a private company. We remain committed to ensuring that Tegna effectively serves and represents all of our communities., Other alleged incidents in the letter include Black and Latino on-air talent being hammered for their dialect and a marketing executive promoting the use of purple graphics that African American audiences might enjoy.. Tegna Inc (TGNA) Q3 2021 Earnings Call Transcript Tegna Inc. - Wikipedia For the former Swiss municipality, see, This article is about Tegna, formerly Gannett, as a broadcast and digital media company. Im very excited about what the future holds for TEGNA.. The most directly comparable GAAP financial measure to Adjusted EBITDA is Net income attributable to TEGNA. Overall, we rate 12 News KPNX Least Biased based on neutral wording and minimal editorial content. Affiliates of AGM, as well as Cox Media Group (which is principally owned by AGM, with Cox Enterprises as a minority shareholder) and other investors, will hold non-voting shares in the company. Richard Moody donated $2,850 to the Democratic Party. The split was completed on June 29, 2015. As a result of the pending transaction and as previously announced, TEGNA expects to continue to pay its regular quarterly dividend through the closing of the transaction, but has suspended share repurchases under our previously announced share repurchase program. [37] In March 2020, Tegna stated that it had turned down two acquisition offers by Gray Television and Apollo Global Management, stating that "these two parties made their proposals shortly before the recent market dislocation due to the COVID-19 pandemic and both subsequently informed Tegna that they were ceasing discussions." TEGNA (TGNA) and NBC Ink Multi-Year Deal to Renew Affiliation The transaction is subject to approval by TEGNA shareholders, regulatory approvals, and other customary closing conditions, and is expected to close in the second half of 2022. All plans give access to our growing exclusive content! Employees seem to enjoy working in an otherwise diverse workplace that is dominated by members of the Democratic Party. Founded in 1953, 12 News KPNX is an NBC affiliate based in Phoenix, Arizona. TEGNA Inc. (TGNA) CEO Dave Lougee on Q1 2021 Results - SeekingAlpha Across platforms, TEGNA tells empowering stories, conducts impactful investigations and delivers innovative marketing solutions. . TEST POSITION-DO NOT APPLY Job in Phoenix, AZ at Tegna We are a drug free, EEO employer committed to a diverse workforce. Other Nexstar/Tribune stations going to Tegna are WZDX/Huntsville, KFSM-TV/Fort SmithFayetteville, WTIC-TVWCCT-TV/Hartford, and WATN-TVWLMT/Memphis. The company believes that such expenses and gains are not indicative of normal, ongoing operations. TEGNA Inc. (NYSE: TGNA) is an innovative media company that serves the greater good of our communities. TEGNA Foundation The document was filed with the SEC by Standard General. TEGNAs purpose is to serve the greater good of our communities. About TEGNA. (Press Release). TEGNA may also be known as or be related to TEGNA, TEGNA Inc, TEGNA Inc., Tegna, Tegna Inc. and Tegna, Inc. TEGNA produces trusted, impactful and innovative content across platforms. The salaries at Discovery average $66,912 per year, and the salaries at Univision Holdings, Inc. come in at $65,488 per year. TEGNA Inc. is a proud equal opportunity employer. When used in this communication, the words "believes," "estimates," "plans," "expects," "should," "could," "outlook," and "anticipates" and similar expressions as they relate to the Company or its management are intended to identify forward-looking statements. Achieved record year for company revenue, subscription revenue, net income, and Adjusted EBITDA, Achieved sustained progress toward TEGNAs 2025 Diversity, Equity and Inclusion (DE&I) goals to grow Black, Indigenous and People of Color (BIPOC) representation in company leadership as well as content teams. AMS revenue was $1.4 billion, down five percent year-over-year due to displacement driven by strong political revenue and continued macroeconomic headwinds. They also referenced image consultants advising Asian reporters how to use makeup so their eyes looked more Western and requiring Latinx employees to disclose their own immigration status when broadcasting about such issues. The letter did not mention how recently those two instances or practices occurred. This blackout by Tegna is an increasingly common tactic that channel owners use to force cable and satellite companies to pay unreasonable rate increases during contract negotiations. Dave Lougee - President and Chief Executive . 1998 - 2023 Nexstar Media Inc. | All Rights Reserved. NEW YORK and TYSONS, Va., June 6, 2019 /PRNewswire/ -- CBS Corporation (NYSE: CBS.A and CBS) and TEGNA Inc. (NYSE: TGNA) today announced a comprehensive, multi-year deal that renews station affiliation agreements for 11 TEGNA markets nationwide, including two top 10 markets - Washington, D.C. and Houston, Texas. The average employee at TEGNA makes $56,684 per year. Dave Lougee, Tegna Inc: Profile and Biography - Bloomberg Markets Traffic/Popularity: Medium Traffic Here's one research-based answer to the question of liberal bias: The documentary The Myth of the Liberal Media: The Propaganda Model of News uses empirical evidence to look at ownership of the mainstream news media, filters that affect what news gets published, and examples of actual news coverage in order to show that conservative political and corporate . Unsurprisingly, Tom's and Seventh Generation jump to the top of left-leaning companies. Weighted average number of common shares outstanding: The company uses non-GAAP financial performance measures to supplement the financial information presented on a GAAP basis. WBNS-TV, Central Ohio's News Leader, seeks a passionate, ambitious Anchor/Reporter to join our team. These are the most credible media sources. Forward-looking statements in this communication may include, without limitation: statements about the potential benefits of the proposed acquisition, anticipated growth rates, the Companys plans, objectives, expectations, and the anticipated timing of closing the proposed transaction. In a statement, she explained that the split plans were "significant next steps in our ongoing initiatives to increase shareholder value by building scale, increasing cash flow, sharpening management focus, and strengthening all of our businesses to compete effectively in today's increasingly digital landscape." TEGNA Stations Live, Local and Always on Streaming Apps Reach Nearly 800,000 Installs and over 1 billion Minutes Viewed in 2022 During 2022, TEGNA stations streaming apps were installed nearly 800,000 times on Roku and Fire TV and audiences logged more than 1 billion minutes of viewing. This communication includes forward-looking statements within the meaning of the safe harbor provisions of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. TEGNA Inc. (NYSE: TGNA) is an innovative media company that serves the greater good of our communities. Good health benefits and great PTO. As a result, the TEGNA Foundation approved more than 2,150 employee matching gifts, which combined with TEGNA Foundation matches totaled more than $2 million in donations to the causes and nonprofits employees care about. [17] Tegna would be the charter station group as such would receive a minority stake in the network, which launched in January 2018. To serve the greater good of our communities. Where do news sources fall on the political bias spectrum? - "Fake News Jakes' Talk Show This Summer With 44 Blue Productions, TDJ Enterprises and Enlight Productions TEGNA", "EMPOWERING NEW DAILY TALK SHOW "T.D. 12news.com is the website for KPNX that covers news, sports, and weather. See all Least Biased Sources. Sunday shows preview: US-China relations remain on shaky ground, 2024 election looms. [36] However, on February 4, 2022, Dish Network finally reached to an agreement with Tegna, resulting with all Tegna owned stations coming back. Will Become Nations Largest Minority-Owned, Woman-Led Broadcast Group. TEGNA owns and operates ABC affiliates in nine markets across the country . In comparison, the salaries at Central Newspapers, Florida Today, and THV11 are $49,030, $43,214, and $40,711. enrollment in college or vocational school, political affiliation, veteran . Compared to 2020, total company revenue was up 12 percent driven by record subscription revenue and growth in AMS revenue fueled by Premion, partially offset by reduced political revenue. On June 29, 2015, the Gannett Company split in two, specializing in print media and the other specializing in broadcast and digital media. We encourage and consider all qualified candidates regardless of race, color, religion, national origin, sex, age, marital status, personal appearance, sexual orientation, gender identity, family responsibilities, disability . We have clear processes for promptly investigating and addressing inappropriate workplace conduct at all levels of the organization. Therefore, while we may incur or recognize these types of expenses and gains in the future, the company believes that removing these items for purposes of calculating the non-GAAP financial measures provides investors with a more focused presentation of our ongoing operating performance. Tysons, Va. and New York TEGNA Inc. (NYSE: TGNA) and Standard General L.P. today announced that TEGNA and an affiliate of Standard General have entered into a definitive agreement under which TEGNA will be acquired by the Standard General affiliate for $24.00 per share in cash. by Richard Moody. WDAN-TV changed call letters to WICD following its sale, and in 1967 was merged with WCHU (channel 33) in Champaign into the present-day. THE HILL 1625 K STREET, NW SUITE 900 WASHINGTON DC 20006 | 202-628-8500 TEL | 202-628-8503 FAX. The TEGNA Foundation supports nonprofit organizations in communities served by TEGNA Inc. Free cash flow is calculated as non-GAAP Adjusted EBITDA (as defined above), further adjusted by adding back (1) stock-based compensation, (2) non-cash 401(k) company match, (3) syndicated programming amortization, (4) dividends received from equity method investments (5) reimbursements from spectrum repacking, and (6) proceeds from company-owned life insurance policies. Tegna owns or operates 66 television stations in 54 markets, and holds properties in digital media. These cable networks were owned by Belo prior to acquisition by Gannett/Tegna: "TEGNA" redirects here. Total company revenue was down two percent from the fourth quarter of 2020 due to reduced political revenue compared to 2020s presidential election cycle, partially offset by record fourth quarter subscription revenue in 2022.
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