Launching a syndicated show is never easy, and it’s made even more difficult when there’s no established syndicator attached. That doesn’t seem to faze T.D. Jakes. “Everything I ever did started at ground level zero,” he says. “It is the fight that attracts me. If everything were nice and neat and all put together, I’m not sure I would be as energetic.”
Nicholas Lehman, former president of digital at NBCUniversal will work across Tegna’s companies to identify and develop new business opportunities.
Digital leaders at CNN, Tegna and the BBC said Tuesday at the NewsTECHForum that the shift was necessary, and pointed to their own incremental improvements toward story-centricity as evidence of its attainability.
Tegna announced Saturday that it has reached a multi-year agreement insuring continued carriage of its TV stations on DirecTV and AT&T U-verse with no interruption of service to viewers. Tegna Media comprises 46 television stations, reaching approximately one-third of all television households nationwide.
AT&T’s DirecTV and U-Verse units and station owner Tegna have agreed to delay a potential blackout for 24 hours in hopes they can resolve their retransmission dispute. The existing contract is now set to expire at midnight Friday. The agreement covers 47 stations.
Tegna has assembled a group of employees to make local broadcast television, including news, more interesting to a younger audience. It is also trying to create more original programming and discussing ways to better integrate its lineup with social media, CEO Gracia Martore says.
Labor unions are claiming KGW Portland owner Tegna is looking to bust up the NBC affiliate’s unions in order to replace union workers with cheaper help — and that they are currently fighting for their lives. In bargaining with the station’s four unions, Tegna is pushing to get rid of the clause on union jurisdiction.
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.
Tegna Inc.’s board of directors today declared a dividend of 14 cents per share, payable on Jan. 4, 2016, to stockholders of record as of the close of business on Dec. 4. “Tegna has top-performing assets and scale in both the broadcast and digital industries, consistently strong and dependable cash flows, high-growth, high-margin businesses and a shareholder-focused capital structure,” said Gracia Martore, Tegna president-CEO. “Our strong cash generation will enable us to invest for growth while simultaneously returning capital to shareholders.”