As community needs differ by region, please check with your local Community Grant contact to learn what needs are being addressed in your area. TEGNA's (TGNA Quick Quote TGNA - Free Report) fourth-quarter 2022 non-GAAP earnings of 98 cents per share beat the Zacks Consensus Estimate by 8.89% and increased 71.9% on a year-over-year basis . $2,850 to the Democratic Party. [citation needed], In 2020, activist shareholder Soo Kim, owner of Standard General, began to pursue control over Tegna, citing its "pattern of passivity" on the market. Although a gun manufacturer supporting the 2nd amendment might seem self-serving, this company has been adamant in that stance, while also vocally opposing liberal candidates. 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]. TEGNA's mission statement is "To serve the greater good of our communities. in the U.S. and several other media properties. Although sometimes perceived as conservative, their more recent actions indicate otherwise. The allegations in Thursdays filing were made in a six-page, single-spaced letter given to shareholder Standard General, which in turn shared them with Tegna. [13] Upon the completion of the spin-off, Dave Lougee, president of Tegna Media, was named president and CEO of Tegna and joined the company's board of directors. TEGNA has great employee retention with staff members usually staying with the company for 5.1 years. Anne Bentley "Woke" corporation who told its employees to "be less white". [29] The sale was approved by the FCC on July 29, 2019,[30] and was completed on August 8. The data presented on this page does not represent the view of TEGNA and its employees or that of Zippia. dkuckelman@TEGNA.com, For NBCUniversal media inquiries, contact: 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 employees are most likely to be members of the democratic party. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. 12 News KPNX is owned and operated by TEGNA Inc., which operates 66 television stations in 54 markets. Tysons, VA and New York - TEGNA Inc. (NYSE: TGNA) and NBC today announced a comprehensive, multi-year deal that renews station affiliation agreements for 20 TEGNA markets nationwide, including 10 of the top 25 markets for NBC. Gas stations and convenience store chain, which is owned and operated by Republicans. These are companies which do not seem to engage in politics of any sort, instead focusing solely on running their businesses. TEGNA is the largest independent owner of NBC affiliates. Holds "Truth and Tradition" as tagline and principles. In 2015, Gannett spun off Tegna as a separate public company. United Technologies (Otis, UTC Climate, Controls & Security, Bed Bath & Beyond (parent of Buy Buy Baby, Christmas Tree Shop, Cost Plus World Market, and One Kings Lane). The user is given choices in this matter. Guitar Center (parent of Musicians Friends), As the only major local manufacturer of athletic shoes, New Balance supported Donald Trump's (as well as several Democrats'). Other major sources include 2ndVote, a research provider that scores companies from 5 (most conservative) to 1 (most liberal),[1][2] and OpenSecrets, an online database that tracks political donations in the U.S.[3]. enrollment in college or vocational school, political affiliation, veteran . WHEC-TV's frequency was shared with WVET-TV, owned by Veterans Broadcasting, from its 1953 sign-on until 1961 when Gannett purchased full ownership of the frequency. These cable networks were owned by Belo prior to acquisition by Gannett/Tegna: "TEGNA" redirects here. Stations are listed alphabetically by state and city of license. This is 2021, yet the roots of racist behavior within Tegna/Gannett are ugly and run deep. [17] Tegna would be the charter station group as such would receive a minority stake in the network, which launched in January 2018. [33], A carriage dispute with DirecTV, beginning on December 2, 2020, resulted in the removal of at least 60 Tegna stations in 51 markets, covering about 39% of TV homes, from the DirecTV, AT&T U-verse and AT&T TV streaming platforms. [31], In December 2019, Tegna agreed to sell KFMB-AM-FM to Local Media San Diego for $5 million;[32] the sale was completed on March 17, 2020. The studio's first content would be true crime podcasts, drawing on its station news content. Hopefully, your team can look into this and get Tegna cleaned up from the top. Tegna comprised the more profitable broadcast television and digital media divisions of the old Gannett, while Gannett's publishing interests were spun off as a "new" company that retained the Gannett name. Funded by / Ownership. The following companies seem to show slight leanings or preferences towards conservative principles and causes, but do not seem firm or determined in this trend. Expedia (including Hotels.com, Orbitz, Trivago, Travelocity, and Hotwire). TEGNA TGNA and Comcast's CMCSA NBC recently announced the extension of their partnership by signing a multi-year deal to renew station affiliation agreements for 20 TEGNA markets in the United . Richard Moody donated [11][12] Shortly after, Tegna completed the spin-off of Cars.com, which now trades under a new ticker symbol, CARS. In October 2022, Chair of the House Energy and Commerce Committee Frank Pallone and Speaker of the House Nancy Pelosi issued a letter to the FCC expressing concerns for the transaction, arguing that it "would violate the FCC's mandate by restricting access to local news coverage, cutting jobs at local television stations, and raising prices on consumers." [37][46][47], The sale will also result in the realignment of station holdings presently associated with both companies: Standard Media's four stations WDKA, WLNE, KBSI, and KLKN will be sold to Cox Media Group, which will then divest its Boston station WFXT to an affiliate of Standard General, and acquire WFAA/KMPX, KHOU/KTBU, and KVUE, from Tegna.[37][46][47]. Rankings are based on government and proprietary data on salaries, company financial health, and employee diversity. [58] When the total internet media division was part of the Gannett Company, it managed the websites for USA Today, as well as Gannett's newspaper and broadcast properties throughout the United States. Living as the station's "chief brand officer", evangelizing the brand and championing all brand-related matters inside the organization.. The local affiliate I work for in Des Moines is very poorly managed. [24], On March 20, 2019, Tegna entered an agreement with Nexstar Media Group to acquire eleven stations for $740 million in order to reduce Nexstar's national ownership reach under the federally imposed 39% cap and alleviate ownership conflicts with existing Nexstar properties once it completes a merger with Tribune Media. They also responded to objections by NewsGuild-CWA describing Standard General as "backed by anonymous investors located in the Cayman Islands", stating that the entirety of its board is represented by U.S. [52], On December 9, Tegna greenlit the series for an entire run for the 20162017 broadcast season. Dave Lougee is President/CEO at Tegna Inc. See Dave Lougee's compensation, career history, education, & memberships. Have you worked at TEGNA? Individual donations showed somewhat balanced support for both sides in 2020. The new agreement includes full carriage of the FOX broadcast network . 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Organizational donation went 100% Republican in 2020. [20] The acquisition was completed on February 15, 2018. Led by an outspoken Christian, invests in promoting God's love in mainstream TV ads. Target of asset manager Blackrock's pressure campaign for its support for conservative causes. The agreement includes renewals for these TEGNA-owned NBC affiliates: WXIA in Atlanta, GA; KPNX/KNAZ in Phoenix, AZ; KING in Seattle, WA; KARE in Minneapolis, MN; KUSA in Denver, CO; WKYC in Cleveland, OH; KGW in Portland, OR; WCNC in Charlotte, NC; KSDK in St. Louis, MO; WTHR in Indianapolis, IN; WTLV in Jacksonville, FL; WGRZ in Buffalo, NY; WBIR in Knoxville, TN; WCSH in Portland, ME; KCEN/KAGS in Waco, TX; KTVB in Boise, ID, along with KTFT in Twin Falls, ID; KWES in Odessa-Midland, TX; KJAC in Beaumont, TX; and WLBZ in Bangor, ME. Consistently the third most-watched news channel among Republican voters. angela.yang@nbcuni.com. For the former Swiss municipality, see, This article is about Tegna, formerly Gannett, as a broadcast and digital media company. These were with two of the big four networks namely CBS which covers 30% of Tegna households and FOX corporation . [3] [4] It was created on June 29, 2015, when the Gannett Company split into two publicly traded companies. This new multi-year agreement allowsour stations to continue providing consumers and advertisers with premium network content such asTODAY,Sunday Night Footballand the Tokyo Olympic Games. 2022, 2020, etc.) Kim accepted the result of the vote, stating that the actions had helped to "[challenge] managements narrative about the Companys performance and seeking greater transparency about Tegnas numbers, acquisition metrics, and engagement with third parties. 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. The allegations include an incident of a Tegna employee, whos now a vice president, wearing blackface while dressed as Michael Jackson at a company event in the 1980s. [45], On February 22, 2022, Tegna announced that it had agreed to be taken private by a group led by Standard General and Apollo Global Management for $24 per-share, valuing the company at $5.4 billion. . An obvious source for the justification is recent news. Tegna Inc. (stylized in all caps as TEGNA) is an American publicly traded broadcast, digital media and marketing services company headquartered in Tysons Corner, Virginia. The staff at TEGNA come from unusually diverse demographic backgrounds. (AMS) revenues, which include local and national non-political television advertising, digital marketing services (including Premion), and advertising on stations' websites, tablet and mobile products and OTT apps; 3) political . 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. We tell stories that matter, are an advocate for those in need and help bring positive change to our communities. TEGNA also owns leading multicast networks True Crime Network and Quest. TEGNA Inc. Reports Third Quarter 2022 Results . TEGNA also owns leading multicast networks True Crime Network and Quest. Founded by a liberal and supports liberal causes. Employees in the top 10 percent can make over $97,000 per year, while employees at the bottom 10 percent earn less than $32,000 per year. WUSA9.com is the official website for WUSA-TV, your trusted source for breaking news, weather and sports in Washington, DC. Political revenue was a record for a non-presidential election year at $341 million, up 21 percent from 2018 on a pro forma basis 1. She was succeeded by Dave Lougee on 1 June 2017. Jakes ended in September 2017 and was replaced with news and entertainment show Daily Blast Live, which premiered on September 11, 2017. TEGNA Inc. is a media company innovating in the digital age. Across, platforms, TEGNA tells empowering stories, conducts impactful investigations and delivers innovative marketing solutions. [49] Standard General responded to the letter, denying that they planned to cut jobs or hub content, and promoting that Tegna would become the largest female-run and minority-owned broadcaster in the United States. The TEGNA Foundation supports nonprofit organizations in communities served by TEGNA Inc. Overall, we rate NewsCenterMaine.com Left-Center Biased based on political story selection that slightly favors the left. Help other job seekers by rating TEGNA. Subscription revenue of $1.3 billion was up 28 percent year-over-year due to rate increases and acquisitions, exceeding pre-COVID 2020 guidance 2 and in line with the guidance of up high-twenties percentage-wise . Tegnas Board of Directors, management team and station leadership continue to take concerted action to build a more diverse, equitable and inclusive Tegna all of which is publicly detailed, the spokesperson added. [39][43][44][45] The company stated that Lougee "immediately acknowledged the incident and has stated that he made a mistake, for which he had apologized immediately at the time". Angela Yang In June 2015, Gannett spun off its broadcasting division. accusations of broad pattern of bias and racially-insensitive behavior that were shared with the media company by its largest active shareholder. [8] The two companies, however, continued to share a headquarters complex. "[40][41][42] In 2021, Standard General once again put forward nominees to Tegna's board of directors, alleging that the company was underperforming and had issues with diversity, equity, and inclusion; the latter came after a Black nominee put forward by Standard General withdrew, citing a previous incident involving CEO Dave Lougee in 2014. 703-873-6764 Read our profile on the United States government and media. The salaries at Discovery average $66,912 per year, and the salaries at Univision Holdings, Inc. come in at $65,488 per year. An obvious source for the justification is recent news. Trump successfully chilled FBI from being willing to investigate anything Christie: Trump grand jury foreperson did a lot of damage to case, Trumps polling strength causes heartburn for Senate GOP, Zero-calorie sweetener popular in keto diets linked to strokes, heart attacks, Two more House Republicans call for home-state Rep. Santos to be ousted. 2.82% of the company's donation in the 2020 cycle went conservative. Such as agreeing to match employee donations to non-profit groups, regardless of whether the group is conservative or liberal, religious or secular, provided they are tax-exempt and not a church. With cutting edge attribution measurement, multiplatform amplification, original content and the latest in data-driven technology, our mission is to help businesses grow and thrive. [22][23], In March 2019, Tegna announced its formation of VAULT Studios, its first, in-house digital content studio. Tegna owns or operates 66 television stations in 54 markets, and holds properties in digital media. Gracia C. Martore is the former president and CEO of Tegna, Inc. and was CEO of the predecessor Gannett Company before its split. TEGNA Inc. is a media company innovating in the digital age. In regards to other rumored offers from Byron Allen and religious broadcaster TBN (the latter in partnership with Jahm Najafi), the company stated that "the other two parties have not signed confidentiality agreements to enable due diligence and have not delivered any information on financing sources". Cooper Media's president and general manager Brian Weiss transferred to Tegna and continue managing the two networks. Political revenue was . Richard Moody donated $2,850 to the Democratic Party. As the largest NBC affiliate group among independent station groups,we are proud of our longstanding partnership that serves our communities, said Dave Lougee, president and CEO, TEGNA. [50][21] Twenty-two of the company's stations are affiliated with NBC (including one digital subchannel of KBMT and two semi-satellites of KCEN-TV and WCSH), fifteen are affiliated with CBS, thirteen are affiliated with ABC, and six are affiliated with Fox. And as Reagan's son assumed, Apple, Google, and most other major tech companies side with Democrats too. [16], Tegna and Cooper Media, parent corporation of the Justice Network, announced on November 7, 2017, a new multicast network, Quest. Tegna owns more than 60 local television stations in the U.S. and several other media properties. The average employee at TEGNA makes $56,684 per year. TYSONS, Va. & NEW YORK-- ( BUSINESS WIRE )--TEGNA Inc. (NYSE: TGNA) and NBC today announced a . Employees at the parent company, TEGNA, earn $56,684. Head of Investor Relations TEGNA | Broadcast Media | Marketing Services : TEGNA Our purpose is to serve the greater good of our communities. "TEGNA Leadership Team Board of Directors", "Gannett Dives Deeper Into Agency Business With 'G/O Digital', "Media Giant Gannett to Spin Off USA Today and Print Business", "Gannett to change name to TEGNA amid print unit spinoff", "Separation of Gannett into two public companies completed | TEGNA", "Gannett Completes London Broadcasting Buy", "Cars.com Spins Off From Parent TEGNA, Goes Through IPO", "Tegna Spins Off Cars.com; Lougee New CEO", "Report: Nexstar may eye bid for Tegna in stations buyout", "Apollo Global-led investor group to buy CareerBuilder", "Tegna, Cooper Media to Launch Quest Diginet", "Tegna Launching Quest, New Multicast Net, With Cooper", "Tegna And Cooper Media Plan Adventure-Themed Multicast Network Quest", "TEGNA to Acquire Midwest Television, Inc.'s Broadcasting Stations in San Diego, CA", "Tegna Completes KFMB San Diego Purchase", "Tegna, Scripps in Deals to Buy Network Affiliates", "Gray Spins Land With Lockwood, TEGNA, Scripps", "Tegna Debuts VAULT Studios, Uses TV Reporting To Create Digital Shows", "Nexstar Selling 19 TVs In 15 Markets For $1.32B", "Nexstar to Sell Stations to Tegna, Scripps for $1.32 Billion", "Tegna Acquires Multicast Networks Quest And Justice Network In $91M Deal", "Wolfe family sells broadcast group, including WBNS-10TV, for $535 million", "TEGNA Completes Acquisition of Dispatch Broadcast Group's Leading, Top Ranked Stations in Indianapolis, IN and Columbus, OH", "Local Media San Diego Acquires KFMB AM/FM", "Local Media San Diego Closes KFMB AM/FM Purchase; Sells 760 To iHeartMedia", "TV tussle: DirecTV, Tegna dispute turns TV channels dark in 51 markets including Houston, Seattle", "Tegna Local TV Stations Removed From Dish TV In 53 Markets Amid Carriage Fee Dispute", "DISH Files Bad Faith Complaint Against Tegna", "Local TV Giant TEGNA Sold to Private Equity Firms in Mega-Deal", "Tegna Confirms Two Acquisition Offers Withdrawn Amid Coronavirus Upheaval", "Lessons from TEGNA's Second Straight Proxy Fight Win", "Tegna wins proxy contest as investors re-elect all 12 board members", "TEGNA's Tit-For-Tat With Soo Kim Continues | Radio & Television Business Report", "The TEGNA/Soo Tussle Continues With Shareholder Letters | Radio & Television Business Report", "U.S. TV firm Tegna defeats hedge fund Standard General in proxy vote", "Tegna Wins Proxy Battle, With 12 Directors Re-Elected", "Tegna CEO Apologizes For Racial Incident That Led A Black Executive To Withdraw His Board Nomination", "WFAA and Houston, Austin TV stations expected to go to Cox Media in Tegna's $5.4 billion sale", "Radio Implications To Today's Standard General Acquisition of TEGNA", "Tegna Shareholders Approve Sale Of Broadcaster To Standard General, Apollo Global", "Nancy Pelosi Tells FCC She Has Concerns Over Local News Impact With Sale Of Tegna To Standard General", https://worldradiohistory.com/hd2/IDX-Business/Magazines/Archive-BC-IDX/87-OCR/BC-1987-12-07-OCR-Page-0094.pdf, "TEGNA Media and Debmar-Mercury Partner on Preview of 'T.D. [48] It still awaits FCC approval. Our purpose is to serve the greater good of our communities through empowering stories, impactful investigations and innovative marketing services. Aeropostale (parent of Bethany Mota, Free Style, Brooklyn Calling, and United XXVI), Cinemark Theatres (parent of Rave Cinemas and Century Theatres). Tegna Inc. (stylized in all caps as TEGNA) is an American publicly traded broadcast, digital media and marketing services company headquartered in Tysons Corner, Virginia. and . JAKES" SET TO PREMIERE MONDAY, SEPTEMBER 12, 2016 TEGNA", "Exclusive: Tegna's 'BOLD' to Be Renamed 'Daily Blast Live', Tegna, TV One to Launch Daily Talk Show Sister Circle, TEGNA Announces Sing Like a Star, New Singing Competition Premiering September 16, "NATPE Roundup: Fox TV Stations Renew 'Page Six TV,' Sony Pictures TV Teams With Tegna", "How This New Platform Plans to Make Buying Ads on Streaming Services Easier", http://investors.tegna.com/news-releases/news-release-details/tegna-acquires-leading-local-sports-podcast-network-locked, https://awfulannouncing.com/podcasts/tegna-acquires-locked-on-podcast-network.html, "Meredith Buying Three Stations From Gannett", "Meredith Corp. closes on $177million purchase of KMOV", https://en.wikipedia.org/w/index.php?title=Tegna_Inc.&oldid=1142198384, Defunct, went silent in 1954, frequency now used by. 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