6. TEGNA INC., McLean, VA
2016 Revenue: $1.407 billion Stations: 55 in 39 markets Coverage: 31.3% Ownership: Tegna Inc. (NYSE: TGNA) Key Executives: David Lougee, president-CEO; Lynn Beall, EVP-COO of media operations; Ed Busby, SVP of strategy.
What’s Up:
On June 1, the company completed the spinoff off its Cars.com into a separate publicly traded company. At that time, Gracia Martore, Tegna Inc. president-CEO, retired and was succeeded by Dave Lougee, formerly the president of Tegna Media. Lynn Beall is Tegna Inc.’s EVP-COO of media operations.
In January, Lougee challenged his stations to come up with new ideas for first-run shows that it could take group-wide — and possibly nationally. That yielded five pilots and, of those, two from WXIA Atlanta and WWL New Orleans were deemed worthy to produce locally.
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