tegna inc political affiliation

TEGNA offers innovative solutions to help businesses reach consumers across television, digital and over-the-top (OTT) platforms, includingPremion, TEGNAs OTT advertising service. 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. TEGNA Inc. (NYSE: TGNA) is an innovative media company that serves the greater good of our communities. The split was completed on June 29, 2015. Employees at the parent company, TEGNA, earn $56,684. Press Freedom Rating: MOSTLY FREE On February 22, 2022, TEGNA Inc. and Standard General L.P. announced that TEGNA and an affiliate of Standard General entered into a definitive agreement under which TEGNA will be acquired by the Standard General affiliate for $24.00 per share in cash. 12news.com is the website for KPNX that covers news, sports, and weather. TEGNA Employees Give Back to Their Local Communities During 2022, TEGNA employees gave back to their local communities by volunteering and donating to their favorite causes. Living as the station's "chief brand officer", evangelizing the brand and championing all brand-related matters inside the organization.. TEGNA has great employee retention with staff members usually staying with the company for 5.1 years. As part of the separation, the company announced that the broadcasting and digital company would be named Tegnaa partial anagram of "Gannett". For Gannett as a publishing company, see, This list related to film, television, or video is, Sale to Standard General and Apollo Global Management, Satellites, semi-satellites and translators. In review, 12 News KPNX reports local news primarily through TV news video and accompanying text. Included are stations WOI-DTKCWI-DT in Des Moines and WQAD-TV, based in Moline, Illinois but also serving neighboring Davenport and Pennsylvania (WPMT/Harrisburg and WNEP-TV/ScrantonWilkes-Barre). (Press Release). The broadcasting company retained KPNX, which took the name, 12 News KPNX is owned and operated by TEGNA Inc., which operates 66 television stations in 54 markets. 12news.com is the website for KPNX that covers news, sports, and weather. abentley@TEGNA.com, George Sard/Andy Duberstein TEGNA Inc (TGNA) - Strategy, SWOT and Corporate Finance Report, is a source of comprehensive company data and information. We have clear processes for promptly investigating and addressing inappropriate workplace conduct at all levels of the organization. On February 22, 2022, TEGNA Inc. and Standard General L.P. announcedthat TEGNA and an affiliate of Standard General entered into a definitive agreement under which TEGNA will be acquired by. A new Securities and Exchange Commission (SEC) filing concerning Tegna includes accusations of "broad pattern of bias and racially-insensitive behavior" that were shared with the media company. (adsbygoogle = window.adsbygoogle || []).push({}); Ad-Free Login Cooper Media's president and general manager Brian Weiss transferred to Tegna and continue managing the two networks. [29] The sale was approved by the FCC on July 29, 2019,[30] and was completed on August 8. TEGNA Inc. (NYSE: TGNA) is an innovative media company that serves the greater good of our communities. 3 min read TEGNA TGNA and Comcast 's CMCSA NBC recently announced the extension. [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. Across platforms, TEGNA tells empowering stories, conducts impactful investigations and delivers innovative marketing solutions. Senior Vice President, Financial Planning & Analysis With 49 television stations and two radio stations in 41 markets, TEGNA delivers relevant content and information to consumers across platforms. Corporate offers a lot of good benefits and seems to care about employees. Owned by Sander Media from 2013 to 2015 and operated by Gannett/Tegna prior to its acquisition by Tegna Inc. in 2015. Automotive advertising revenue rebounded in the quarter with strong year-over-year growth. Across platforms, TEGNA tells empowering stories, conducts impactful investigations and delivers innovative marketing solutions. KPNX also has a section dedicated to politics covering national politics through the Associated Press and local Arizona politics through 12 News TV. TMS is a one-stop shop that helps businesses thrive through an unmatched suite of services and solutions that reach consumers across television, email, social and over-the-top (OTT) platforms, including Premion, TEGNA's OTT advertising service. [25][26] The FCC approved the sale on September 16. Record subscription revenue of $1.5 billion was up four percent year-over-year, driven by rate increases and partially offset by subscriber declines. Bias Rating: LEAST BIASED For the former Swiss municipality, see, This article is about Tegna, formerly Gannett, as a broadcast and digital media company. 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. Cautionary Statement Regarding Forward-Looking Statements. 15% of TEGNA employees are Hispanic or Latino. [56], In January 2018, Tegna announced a partnership with Sony Pictures Television to handle syndication distribution and advertising sales for its original programs.[57]. In comparison, some of its highest paying competitors, like. The broadcasting company retained KPNX, which took the name TEGNA. TEGNA employees are most likely to be members of the democratic party. 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. The new agreement includes full carriage of the FOX broadcast network . Free cash flow3 was $297 million for the quarter. TEGNA INC MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS (form 10-K) . The largest donation made to a political party by a TEGNA employee was by Richard Moody. [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. On TikTok, which represents the brands fastest growing audience, VERIFYS followers grew from 4,000 to nearly 140,000 year-over-year. Based on our research, similar companies to TEGNA are ION Media Networks, Discovery, and Univision Holdings, Inc. The studio's first content would be true crime podcasts, drawing on its station news content. Across platforms, TEGNA tells empowering stories, conducts impactful investigations and delivers innovative marketing solutions. The series debuted on September 12 on most, if not all Tegna-owned stations, as well as several large markets, including Baltimore (WMAR-TV), Detroit (WMYD), Orlando (WFTV/WRDQ), Chicago (WCIU-TV), San Antonio (KSAT-TV), and San Diego (KGTV). Texas GOP votes to censure Rep. Tony Gonzales over support on gun, same-sex Trump backs flying cars, calls for new cities in campaign video, Texas property tax bill excludes divorced, LGBTQ couples from getting relief. Traffic/Popularity: Medium Traffic The document was filed with the SEC by Standard Generalin preparation forTegnas annual shareholders meeting scheduled for May 7. 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. Local information is presented with minimally loaded wording such as this: Media Bias Fact Check offers a number of sustaining Ad-Free membership plans to fit your budget! After evaluating this opportunity against TEGNAs standalone prospects and other strategic alternatives, our Board concluded that this transaction maximizes value for TEGNA shareholders. $2,850 to the Democratic Party. We calculated the performance score of companies by measuring multiple factors, including revenue, longevity, and stock market performance. GAAP and non-GAAP operating expenses of $2.3 billion were up five percent and four percent year-over-year, respectively, with the increases predominantly driven by investments in Premions growth and programming costs. 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. WBNS-TV, Central Ohio's News Leader, seeks a passionate, ambitious Anchor/Reporter to join our team. Research Summary. 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. Several categories grew year-over-year such as entertainment, travel and tourism, services, and home improvement. Completed Five Year Renewal of Affiliation Agreement with ABC - In January, TEGNA entered into a comprehensive, five year deal through late 2023 with the ABC network that renews the station affiliation agreements for all of the company's ABC-affiliated stations. 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. You can click/tap on the image to go to the full version of the chart. TEGNA employees are most likely to be members of the Democratic Party. The data presented on this page does not represent the view of TEGNA and its employees or that of Zippia. In addition, we have excluded certain income tax special items associated with a valuation allowance on a deferred tax asset related to an equity method investment, a partial capital loss valuation allowance release, and deferred tax benefits related to state tax planning strategies. 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. We expect 2022 to be another extraordinary. GAAP and non-GAAP operating income totaled $328 million and $331 million, respectively. in the U.S. and several other media properties. The transaction consideration represents a premium of approximately 39% to TEGNAs unaffected closing share price on September 14, 2021, the last full trading day prior to media speculation about a potential sale of TEGNA, and a premium of approximately 11% to TEGNAs all-time high closing price since separation from the Gannett publishing business in 2015. Total company revenue was $917 million in the fourth quarter, up 18 percent year-over-year, driven by strong growth in political revenue despite advertising and marketing services ("AMS") revenue declines resulting from political displacement and macroeconomic headwinds. Numerical coincidence prompted $754M Powerball winner to buy ticket: It was a sign, Texas GOP votes to censure Rep. Tony Gonzales over support on gun, same-sex legislation, Three things to know about what critics are calling Mississippis Jim Crow bill, Want to save the climate? TEGNA Inc (TGNA) - Strategy, SWOT a Also, our non-GAAP measures may not be comparable to similarly titled measures of other companies. Across platforms, TEGNA tells empowering stories, conducts impactful investigations and delivers innovative marketing solutions. Richard Moody donated TEGNA also owns leading multicast networks True Crime Network, Twist and Quest. Investors also will be able to obtain a free copy of the proxy statement and other documents (when available) filed by the Company with the SEC by accessing the Investors section of the Companys website at http://tegna.com. Help us make this company more transparent. With 64 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. The company believes these adjustments facilitate company-to-company operating performance comparisons by removing potential differences caused by variations unrelated to operating performance, such as capital structures (interest expense), income taxes, and the age and book appreciation of property and equipment (and related depreciation expense). 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 . Sard Verbinnen & Co. Revenues increased 6.2% year over . The Company will mail to its stockholders a definitive proxy statement in connection with the proposed transaction. investorrelations@TEGNA.com. The company creates and delivers television programming and digital content, and information across various platforms. Doug Kuckelman - Head of Investor Relations. TEGNA Inc. - 2020 Annual Report Letter To Shareholders Dear Fellow Shareholders, TEGNA's purpose is to serve the greater good of our communities through empowering stories, impactful investigations and innovative marketing services. Despite its diversity in other areas, TEGNA employees are noticeably lacking in political diversity. THE HILL 1625 K STREET, NW SUITE 900 WASHINGTON DC 20006 | 202-628-8500 TEL | 202-628-8503 FAX. These risks, uncertainties and other factors include, but are not limited to, those discussed under Risk Factors in the Companys Annual Report on Form 10-K for the fiscal year ended December 31, 2020 and Quarterly Reports on Form 10-Q for the quarters ended March 31, 2021, June 30, 2021 and September 30, 2021, and the following: (1) the timing, receipt and terms and conditions of any required governmental or regulatory approvals of the proposed transaction and the related transactions involving the parties that could reduce the anticipated benefits of or cause the parties to abandon the proposed transaction, (2) risks related to the satisfaction of the conditions to closing the proposed transaction (including the failure to obtain necessary regulatory approvals or the approval of the Companys stockholders), and the related transactions involving the parties, in the anticipated timeframe or at all, (3) the risk that any announcements relating to the proposed transaction could have adverse effects on the market price of the Companys common stock, (4) disruption from the proposed transaction making it more difficult to maintain business and operational relationships, including retaining and hiring key personnel and maintaining relationships with the Companys customers, vendors and others with whom it does business, (5) the occurrence of any event, change or other circumstances that could give rise to the termination of the merger agreement entered into pursuant to the proposed transaction or of the transactions involving the parties, (6) risks related to disruption of managements attention from the Companys ongoing business operations due to the proposed transaction, (7) significant transaction costs, (8) the risk of litigation and/or regulatory actions related to the proposed transaction or unfavorable results from currently pending litigation and proceedings or litigation and proceedings that could arise in the future, (9) other business effects, including the effects of industry, market, economic, political or regulatory conditions, (10) information technology system failures, data security breaches, data privacy compliance, network disruptions, and cybersecurity, malware or ransomware attacks, and (11) changes resulting from the COVID-19 pandemic, which could exacerbate any of the risks described above.

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