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.
The Tegna VP also oversees the groups other seven stations in Texas. He succeeds the retiring Dan Robbins.
Tegna President-CEO Dave Lougee says that ad category is destined to join subscription revenue as a reliable income stream that will inoculate the company from the ups and downs of the economy as a whole.
The $539 million total was attributed to that higher political ad revenue plus $30 million growth in subscription revenue.
The station group names Steve Carter president-GM of KGW Portland, while Mark Cornetta adds to his corporate role to lead KUSA Denver.
As quarterly earnings season gets underway, the two station groups reveal dividend plans.
TV stations are arming themselves with software that allows them to slice and dice social media to gauge audience interest in stories, share viewer feedback and even predict what stories will become larger issues in the future. Other software speeds social integration into newscasts.
A judicial panel has consolidated at least 18 antitrust suits against five TV station groups for allegedly colluding on spot pricing in the federal district court in Chicago. The defendants, which include Tribune, Sinclair and in some cases Gray, Hearst, Nexstar and Tegna, had pushed for the consolidation. The proliferatng suits are an outgrowth of a Justice Department review of the merger of Sinclair and Tribune, which was scuttled after the FCC found evidence of misrepresentation by Sinclair. (Free registration required.)