Standard General, the largest active shareholder of Tegna, is questioning the station group’s handling of an investigation into a 2014 incident where CEO Dave Lougee mistook a Black executive for a valet.
Soo Kim’s ill-timed persistence for seats on Tegna’s board has been undermined by statements from three influential proxy advisers. And that’s a good thing. Current management led by CEO David Lougee may have its faults, but it beats Kim, whose goal is to merge or sell the company out of existence.
The multi-year deal renews station affiliation agreements for six Tegna markets in Texas, Penn., Conn. and Ariz.
Tegna’s Dave Lougee, Shooting Star’s Diane Sutter, Patrick Communications’ Larry Patrick and TVNewsCheck’s Harry Jessell are among this years Ward L. Quaal Leadership Awards. In addition, William Duhamel, will be presented with the nonprofit’s Chairman’s Award. They will be honored on April 26 in Las Vegas.
In today’s earnings call, Tegna Media President Dave Lougee and Tegna CEO Gracia Matore were unconcerned about a shortfall in political in the second quarter, saying 3Q and 4Q would be significantly greater than in comparable years with Trump spending ramping up. In addition, core should rebound in the 3Q because of the Olympics airing on Tegna’s NBC affiliates next month. “Olympics are really strong,” Lougee said, noting that sales are up in “high single digits” percentage over the $48 million the group booked from the games in the 2012.
“Between now and March 22, we have presidential primaries in 31 of our 38 markets. We know we will end up at record levels for the primary season,” said Tegna Media President Dave Lougee. “Between political, net retrans, the Olympics and digital sales growth, Tegna Media will have a record year.”
Since Gracia Martore took the helm as CEO in December 2011 she has doubled the size of the TV station group, bolstered digital operations into an industry leader and jettisoned the newspapers that were dragging down profits. “She’s second to none in terms of staying on top of businesses and where they are heading,” says Dave Lougee, head of Tegna’s broadcasting division.
The Broadcasters Foundation of America (BFOA) has elected four broadcast industry leaders to its board of directors. The new members were voted into office during the board meeting, held last week. The new members are: Peter Dunn, president, CBS Television Stations David T. Lougee, president, Gannett Broadcasting Elizabeth “Beth” Neuhoff, president-CEO, Neuhoff Communications Michael “Mike” […]
On Wednesday evening, the Radio Television Digital News Foundation honored Gannett’s David Lougee, NBC News’ Lester Holt, ABC News’ Robin Sproul, CBS News’ Bill Plante and The Associated Press for their commitment to press freedoms at the 24th Annual First Amendment Awards Dinner in Washington.
The recipients of the First Amendment Awards presented annually by the Radio Television Digital News Foundation are Gannett Co.’s David Lougee, NBC News’ Lester Holt, ABC News’ Robin Sproul and the Associated Press’ Gary Pruitt. In addition, CBS News’ Bill Plante will receive the Lifetime Achievement Award. The ceremony takes place in Washington on March 12, 2014.
Overlapping stations in Phoenix and St. Louis will continue to battle it out for ratings and revenue as the “ability of local broadcasters to compete and thrive” is key to their viability, says Gannett’s head of broadcasting David Lougee. “We will operate those stations and hold them to the same standards and accountability that we do today.”
The TV trade group was the source of the FCC’s recent recommendation that the federal government divert its advertising dollars from the national media to local media. And TVB didn’t stop there. Now it’s hard after the government money. For starters, it’s trying to get a better accounting of exactly how much money there is and where exactly it is coming from. Then it’s off to Washington. TVB has to convince the bureaucrats not only of the efficacy of local media, but of the relative merits of local TV. Good job.