Tim Thomas will lead KWES Midland-Odessa, while Paul Bergen is promoted to oversee KBMT Beaumont.
Tegna, Hearst and EW Scripps are all planning on submitting final offers for Cox Media Group’s 14 TV stations at the end of January, according to people familiar with the matter. Final bids are due by Jan. 30, said the people, who asked not to be named because the process is private. A deal could fetch more than $2 billion, and possibly close to $3 billion, the people said.
The new deal reups WFAA Dallas; KXTV Sacramento, Calif.; KVUE Austin, Texas; WVEC Norfolk, Va.; WZZM Grand Rapids, Mich.; WJXX Jacksonville, Fla.; WHAS Louisville, Ky.; KIII Corpus Christi, Texas; and KBMT Beaumont, Texas.
It closes on the $105 million purchase from Gray Television of the CBS affiliate in Toledo and the NBC affiliate in Midland-Odessa, Texas.
Tegna television stations in three markets — Washington, D.C. (WUSA-CBS), Norfolk, Va. (WVEC-ABC) and Buffalo, N.Y. (WGRZ-NBC) — went dark to Verizon Communications Fios TV customers on Monday at 5 p.m. ET, after the parties failed to reach a retransmission consent agreement.
Premion, the seller of OTT advertising inventory for a number of platforms, says it is refunding money to advertisers for specific campaigns that ran during 2018 due to “system issues.” Premion, owned by Tegna, says its Premium Audience Selects segments have “not been delivered correctly,” and that it affects up to 17% of Premion total revenue.
Tegna and Dish Network said they reached a multi-year carriage agreement just hours after Tegna’s stations went dark to Dish subscribers Saturday morning. The companies said that the stations’ signals will be restored to the Dish lineup immediately.
Tegna’s premium CTV/OTT advertising solution adds Shawn Edwards, Doug Tierney and Tony Mastromatteo to lead its efforts in the Los Angeles, San Francisco, Boston and Philadelphia markets.
Hearst, Tegna and the ABC Stations are producing shows for Facebook’s new national platform that is looking for original news programs.