Former analyst John Janedis is returning to Wall Street as managing director and head of the media team at Wolfe Research after 15 months at Tegna. Janedis had been a top-ranked analyst at UBS and Wells Fargo before joining Tegna as senior VP, capital markets and investor relations at Tegna.
Tegna Inc. today said that John Janedis is joining the company as senior vice president, capital markets and investor relations. Janedis, who was previously managing director and senior equity research analyst for media, cable and telecom at Jefferies LLC, will be responsible for leading Tegna’s treasury and investor relations functions. This newly created role will […]
While TV’s upfront advertising market continues early negotiation talks, one estimate now says total dollar volume will be down by mid-single-digit percentages — reversing versus gains of a year ago. John Janedis, managing director/media analyst of Jefferies LLC, estimates total volume will be down 3% to 5% for all national TV inventory, with broadcast networks generally outperforming cable networks.
You might be in trouble if you look to Wall Street analysts to help you anticipate how this year’s upfront ad sales season will play out. In reports out this morning, Jefferies’ John Janedis predicts it will be “weaker than a year ago,” while BMO Capital Markets’ Daniel Salmon expects it to be “stronger than ever.”