Tegna

The decrease to $732 million is attributed to lower political advertising compared to 2022’s mid-term election cycle.

Executives from NBCUniversal Local, Disney Advertising Sales Local, E.W. Scripps, Tegna and Ticker News will share the revenue upsides and expectations they’re framing up for different streaming platforms in a panel at TVNewsCheck’s TV2025: Monetizing the Future conference at the NAB Show New York on Oct. 25. Register here.

Leaders from Graham, Tegna, Cox and Gray told a TVNewsCheck webinar last week that station projects with a strong local value proposition — and a deeper collaboration between the newsroom and creative services — can yield remarkable audience engagement.

Tegna taps the news director of NBC’s KXAS Dallas to oversee its Texas stations in Midland-Odessa, Abilene and San Angelo beginning July 31.

Austin is now the second-fastest growing city in the country, and KVUE’s Boomtown project reveals how that growth is affecting housing pricing and its very identity.

Executives from Warner Bros. Discovery, Sinclair, Tegna, Ross Video and TAG shared the latest in how they’re using the cloud to gain new flexibility and efficiency, from unlocking AI’s progress to “decomposing” news workflows and building “digital backlots,” in a TVNewsCheck webinar last week.

Collaborating journalists at eight Tegna stations across the country took a deeper look at gun violence to reclaim a signal out of crime reporting’s usual noise. The result, 7 Days, 1,000 Shootings, charts a path to more impactful local journalism on the epidemic.

Marketing leaders from Cox Media Group, Graham Media Group, Gray Television and Tegna will discuss projects that get to the heart of localism and how they’ve successfully built high audience engagement around them in a TVNewsCheck Working Lunch Webinar on July 13. Register here.

Tegna said it received 8.64 million of its shares from Standard General, whose effort to buy the broadcaster failed as regulatory review extended beyond the data its financing expired. Standard General’s deal with Tegna called for a $136 million termination fee, and Tegna said the shares it received satisfied that obligation.

Thwarted in his bid to buy Tegna by an overlong and deal-breaking FCC review process, Soo Kim (and his right hand Deb McDermott) is indeed a victim of prejudice and discrimination. Only it’s probably not the sort you may think.

Leaders from Warner Bros. Discovery, Sinclair, Tegna, TAG Video Systems and Ross Video will discuss how the cloud’s use for live production is likely to advance this year in a TVNewsCheck Working Lunch Webinar on June 22 at 1 p.m. ET. Register here.

In the company’s first call with analysts since 2021, the CEO said “I did not have a lot of interaction with the FCC,” during concerning the now-scuttled buyout by Standard General. “Nor did Standard General have a lot of interaction, or as much as they would have liked,” he added.

Tegna has been named a 2023 honoree of The Civic 50 by Points of Light and the Telecommunications Sector Leader. The Civic 50 honors the most community-minded companies in the United States. This year marks Tegna’s fourth consecutive year on the list, and the third year as Telecommunications Sector Leader.

The Republican leadership of the House and Senate committees overseeing the FCC has asked the regulator’s acting Inspector General, Sharon Diskin, to look into FCC Chair Jessica Rosenworcel’s handling of the review of the Standard General-Tegna merger.

With Standard General’s deal to buy Tegna hanging by a thread, the broadcaster may continue on its pre-deal trajectory or be sold in pieces, analysts say. But the FCC’s glacial review process, which may have been triggered by private equity’s role in the deal, has had a chilling impact on other potential large transactions in the industry. Note: This story is available to TVNewsCheck Premium members only. If you would like to upgrade your free TVNewsCheck membership to Premium now, you can visit your Member Home Page, available when you log in at the very top right corner of the site or in the Stay Connected Box that appears in the right column of virtually every page on the site. If you don’t see Member Home, you will need to click Log In or Subscribe.

The increase to $917 million is tagged to the absence of political revenue and Winter Olympics on NBC, the company’s largest Big 4 affiliate portfolio, as well as the Super Bowl airing on NBC last year compared to Fox stations this year.

Even before the U.S. Court of Appeals for the D.C. Circuit denied Standard General’s petition to force the FCC to vote on its proposed $8.6 billion acquisition of Tegna, company founder Soo Kim knew his last-ditch legal maneuvers were a long shot. Nevertheless, Kim seemed disappointed, frustrated and chagrined that the deal appears likely to die when the financing he assembled expires on May 22.

Tegna brings him back to its Florida NBC-ABC duopoly to oversee all operations.

Tegna appoints the former marketing director at WCNC Charlotte, N.C., to lead its NBC affiliates in central Texas.

The increase to $917 million is helped by 9% growth in political revenue compared to 2018, the last nonpresidential year.

Meredith Conte, Tegna’s VP of marketing, shares how some of the Tegna stations are celebrating Black History Month this year. See the examples and hear from the content creators themselves about their approaches.

The satellite company calls Cox Media Group’s claims “misleading at best.”

The increase to $803 million is driven by 28% growth in political revenue compared to 2018, the last nonpresidential year.

Tegna’s Verify investigative team has won a following of 100,000 and growing on TikTok, where a younger demographic has been drawn to its simple reportorial mission and authentic voice. TVNewsCheck’s Michael Depp talks with Verify’s Ariane Datil and Casey Decker about the dos and don’ts of making TikTok work for news. A full transcript of the conversation is included.

Tech executives from Tegna, Sinclair and CBS Owned Stations are looking to the cloud for major changes to their processes that offer new flexibility and scalability for their businesses. A single, cloud-based control room is near top of their wish list. Above (l-r): Tegna’s Kurt Rao, Sinclair’s Mike Kralec, Vizrt’s Jon Raidel and CBS Owned Stations’ Jeff Birch (Alyssa Wesley photo).

The increase to $785 million is driven by growth in both political and subscription revenues.

Standard General (SGCI) has told the FCC that the two-week comment extension it has granted on the proposed Standard General-Tegna merger could cost the company millions of dollars. SGCI, in opposing a comment extension the FCC ultimately granted, told the FCC that the way the deal is structured the per-share price SGCI has to pay escalates based on the closing date.

The NewsGuild-CWA and and the National Association of Broadcast Employees and Technicians (NABET)-CWA filed a petition to dismiss or deny the deal with the FCC on Wednesday (June 22), the deadline for such filings. They say the deal, which was approved by Tegna shareholders in May, and interrelated transactions — what they labeled an “unprecedented array of sequenced transactions and swaps” — are actually an attempt to “game the commission’s ownership and retransmission consent rules in ways that contravene the commission’s public interest standard.”

In a highly unusual move during a takeover, Standard Media CEO Deb McDermott tries to calm rumors and concerns about staff cuts.

The FCC is asking more questions about private equity company Standard General’s planned purchase of Tegna and take it private. Tegna’s shareholders recently voted to approve the acquisition and the deal is still expected to close on schedule sometime in the second half of this year. But the transaction must still get regulatory approval and other customary closing conditions. Among its new questions, the FCC is asking how Standard General would negotiate retransmission agreements with cable providers for rights to carry TV station signals. It also asked about possible layoffs. And it asked for a detailed explanation with supporting data describing how the transaction would serve the public interest.

He moves from KDAF Dallas to oversee the Tegna ABC and NBC duopoly in southeast Texas.

The NewsGuild-CWA is asking President Biden to urge the FCC to block the purchase of Tegna TV stations by investment fund Standard General and Apollo Global Management. The guild, the nation’s largest union representing journalists, told the President in an open letter circulated widely Thursday (June 2) that the deal “would kill journalism jobs, undermine local news and raise prices for American families.”

Tegna Inc. said that at a special meeting of shareholders held earlier today, its shareholders voted to adopt the merger with an affiliate of Standard General L.P. According to the preliminary results announced at the special meeting, subject to certification by the independent inspector of election, approximately 78% of Tegna’s outstanding common shares voted to adopt the merger agreement. Tegna said the transaction is expected to close in the second half of 2022, subject to regulatory approvals and other customary closing conditions. Upon closing, Tegna will become a private company, and its shares will no longer be traded on the New York Stock Exchange.

Critics of the $8 billion-plus purchase of Tegna’s TV station group by investment fund Standard General have told the FCC it needs to collect more data on the proposed merger before it rules on whether it is in the public interest. Common Cause, joined by the NewsGuild-CWA union and Public Knowledge, have filed a formal motion for both additional documents that the FCC and the public can peruse and an extension of time to weigh in. Currently, the FCC has set a May 23 deadline for those wishing to formally oppose the deal.