[45], On February 22, 2022, Tegna announced that it had agreed to be taken private by a group led by Standard General and Apollo Global Management for $24 per-share, valuing the company at $5.4 billion. "Woke" corporation who told its employees to "be less white". Vice President, Corporate Communications Tegna retained "old" Gannett's stock price history, though it trades under a new ticker symbol, TGNA. TEGNA TGNA and Comcast's CMCSA NBC recently announced the extension of their partnership by signing a multi-year deal to renew station affiliation agreements for 20 TEGNA markets in the United . To serve the greater good of our communities. In October 2022, Chair of the House Energy and Commerce Committee Frank Pallone and Speaker of the House Nancy Pelosi issued a letter to the FCC expressing concerns for the transaction, arguing that it "would violate the FCC's mandate by restricting access to local news coverage, cutting jobs at local television stations, and raising prices on consumers." These typically offer minor support to liberal causes, but from a statistical standpoint[35] are still more conservative than not. The agreement includes renewals for these TEGNA-owned NBC affiliates: WXIA in Atlanta, GA; KPNX/KNAZ in Phoenix, AZ; KING in Seattle, WA; KARE in Minneapolis, MN; KUSA in Denver, CO; WKYC in Cleveland, OH; KGW in Portland, OR; WCNC in Charlotte, NC; KSDK in St. Louis, MO; WTHR in Indianapolis, IN; WTLV in Jacksonville, FL; WGRZ in Buffalo, NY; WBIR in Knoxville, TN; WCSH in Portland, ME; KCEN/KAGS in Waco, TX; KTVB in Boise, ID, along with KTFT in Twin Falls, ID; KWES in Odessa-Midland, TX; KJAC in Beaumont, TX; and WLBZ in Bangor, ME. These cable networks were owned by Belo prior to acquisition by Gannett/Tegna: "TEGNA" redirects here. More Americans disapprove of McCarthy sharing Jan. 6 footage with Carlson than Watch live: White House monkeypox response team holds briefing, Do Not Sell or Share My Personal Information. The broadcasting company retained KPNX, which took the name TEGNA. Affiliates of AGM, as well as Cox Media Group (which is principally owned by AGM, with Cox Enterprises as a minority shareholder) and other investors, will hold non-voting shares in the company. Robert Dickey who led Gannett's newspaper group would continue as CEO of the company as a sole newspaper publisher, leaving the former broadcasting and digital operations under the leadership of Gracia Martore. The list includes stations owned by Tegna, Inc. during its former existence as the Gannett Company subsidiary Gannett Broadcasting, Inc. Member of ALEC, but also support numerous liberal organizations and policies. Employees at the parent company, TEGNA, earn $56,684. Included are stations WOI-DTKCWI-DT in Des Moines and WQAD-TV, based in Moline, Illinois but also serving neighboring Davenport and Pennsylvania (WPMT/Harrisburg and WNEP-TV/ScrantonWilkes-Barre). Stations are listed alphabetically by state and city of license. Kim accepted the result of the vote, stating that the actions had helped to "[challenge] managements narrative about the Companys performance and seeking greater transparency about Tegnas numbers, acquisition metrics, and engagement with third parties. The allegations in Thursdays filing were made in a six-page, single-spaced letter given to shareholder Standard General, which in turn shared them with Tegna. Founded by a liberal and supports liberal causes. Men's grooming products creator and retailer. JAKES" SET TO PREMIERE MONDAY, SEPTEMBER 12, 2016 TEGNA", "Exclusive: Tegna's 'BOLD' to Be Renamed 'Daily Blast Live', Tegna, TV One to Launch Daily Talk Show Sister Circle, TEGNA Announces Sing Like a Star, New Singing Competition Premiering September 16, "NATPE Roundup: Fox TV Stations Renew 'Page Six TV,' Sony Pictures TV Teams With Tegna", "How This New Platform Plans to Make Buying Ads on Streaming Services Easier", http://investors.tegna.com/news-releases/news-release-details/tegna-acquires-leading-local-sports-podcast-network-locked, https://awfulannouncing.com/podcasts/tegna-acquires-locked-on-podcast-network.html, "Meredith Buying Three Stations From Gannett", "Meredith Corp. closes on $177million purchase of KMOV", https://en.wikipedia.org/w/index.php?title=Tegna_Inc.&oldid=1142198384, Defunct, went silent in 1954, frequency now used by. Founder/CEO is very vocal about voter fraud after the 2020 US presidential election. We value our collaboration, which enables us to provide must-have national content alongside our award-winning local news, weather and sports., We value our longtime partnership with TEGNA, which includes key markets across the country, said Philip Martzolf, President, NBC Affiliate Relations. Gas stations and convenience store chain, which is owned and operated by Republicans. TEGNA is the largest independent owner of NBC affiliates. TEGNA Inc. is a media company innovating in the digital age. Research Summary. Such as agreeing to match employee donations to non-profit groups, regardless of whether the group is conservative or liberal, religious or secular, provided they are tax-exempt and not a church. tegna inc political affiliationrosie scott hemingway, sc obituary. Tysons, Va. and New York - TEGNA Inc. (NYSE: TGNA) and Standard General L.P. today announced that TEGNA and an affiliate of Standard General have entered into a definitive agreement under which TEGNA will be acquired by the Standard General affiliate for $24.00 per share in cash. Many browsers on many operating systems support the keyboard shortcut "Ctrl+F" to access this feature. We calculated the performance score of companies by measuring multiple factors, including revenue, longevity, and stock market performance. One of the most prominent Tegna Digital properties. [7] The spin-out was structured so that "old" Gannett changed its name to Tegna, Inc., then spun off its newspaper holdings into a "new" Gannett. Read our profile on the United States government and media. 703-873-6366 TEGNA also owns leading multicast networks True Crime Network and Quest. About TEGNA. We calculated the diversity score of companies by measuring multiple factors, including the ethnic background, gender identity, and language skills of their workforce. These are companies which do not seem to engage in politics of any sort, instead focusing solely on running their businesses. Trump successfully chilled FBI from being willing to investigate anything Christie: Trump grand jury foreperson did a lot of damage to case, Trumps polling strength causes heartburn for Senate GOP, Zero-calorie sweetener popular in keto diets linked to strokes, heart attacks, Two more House Republicans call for home-state Rep. Santos to be ousted. TEGNA achieved record net income of $631 million on a GAAP basis, or $637 million on a non-GAAP basis. After extensive research and analysis, Zippia's data science team found that: 50% of TEGNA employees are women, while 50% are men. The user is given choices in this matter. [17] Tegna would be the charter station group as such would receive a minority stake in the network, which launched in January 2018. TEGNA and CBS Corporation reached a comprehensive multi-year deal that renews station affiliation agreements for 15 . The document was filed with the SEC by Standard General. Have you worked at TEGNA? Target of asset manager Blackrock's pressure campaign for its support for conservative causes. Organizational donation went 100% Republican in 2020. TEGNA (TGNA) and NBC Ink Multi-Year Deal to Renew . The following is a non-exhaustive list of for-profit companies which generally support conservative principles, individuals, and/or organizations. We have clear processes for promptly investigating and addressing inappropriate workplace conduct at all levels of the organization. in the U.S. and several other media properties. In 2015, Tegna Media test-ran a limited-run informative talk show hosted by Dallas-based bishop T. D. Jakes on its owned stations in Dallas, Atlanta, Minneapolis and Cleveland. The sale was approved by Standard General and Apollo Global Management on May 17, 2022. CST Brands (fuel and convenience retailer; parent of Ultramar), Cumberland Farms (fuel and convenience retailer), Party City (owned by AMSCAN Holdings, Inc.). The following are companies which openly support conservative principles, while refusing to support most if not all liberal ones. On average, employees at TEGNA stay with the company for 5.1 years. dkuckelman@TEGNA.com, For NBCUniversal media inquiries, contact: Tegna also retained G/O Digital, a digital marketing services brand that it launched in August 2013, and the 20 broadcast stations it acquired from Belo Corporation in December 2013 and the six stations it acquired from London Broadcasting Company in July 2014. [35] On October 18, Dish Network filed a complaint with the Federal Communications Commission against Tegna. The filing comes against the backdrop of a proxy battle between Tegna and Standard General, a hedge fund that owns a 7 percent stake in Tegna, according to a separate SEC filing. The salaries at Discovery average $66,912 per year, and the salaries at Univision Holdings, Inc. come in at $65,488 per year. TEGNA | Broadcast Media | Marketing Services : TEGNA Our purpose is to serve the greater good of our communities. [20] The acquisition was completed on February 15, 2018. For Gannett as a publishing company, see, This list related to film, television, or video is, Sale to Standard General and Apollo Global Management, Satellites, semi-satellites and translators. accusations of broad pattern of bias and racially-insensitive behavior that were shared with the media company by its largest active shareholder. Two notable multi-year affiliation agreements were renewed in the last quarter. Zippia's Best Places to Work lists provide unbiased, data-based evaluations of companies. The following companies seem to show slight leanings or preferences towards conservative principles and causes, but do not seem firm or determined in this trend. The local affiliate I work for in Des Moines is very poorly managed. [8] The two companies, however, continued to share a headquarters complex. The 20 markets renewed cover 17 percent of the U.S. audience and nearly 21 million households. In terms of audience reach, Tegna is the largest group owner of NBC-affiliated stations, ahead of Hearst Television and Sinclair Broadcast Group, and the fourth-largest group owner of ABC affiliates, behind Hearst, the E. W. Scripps Company, and Sinclair. [54], Other shows Tegna Media has on first-run syndication across most of its stations are Sister Circle (also shown on cable network TV One),[55] and reality competition Sing Like A Star. An obvious source for the justification is recent news. The 20 markets renewed cover 17 percent of the U.S. audience and nearly 21 million households. The sale includes a clause that will slowly increase the value that Standard and Apollo will pay per-share if the sale takes longer than nine months to close. The split was completed on June 29, 2015. Its television stations has a digital presence on mobile, online, and social platforms. The company, which will retain the Tegna name, will be controlled by an affiliate of Standard General, with Standard Media CEO Deb McDermott (who previously led Young Broadcasting and Media General) becoming CEO. Involved in the Gannett Company's 1997 station trade deal with. Holds "Truth and Tradition" as tagline and principles. The show, titled T.D. Failed Fact Checks. For the former Swiss municipality, see, This article is about Tegna, formerly Gannett, as a broadcast and digital media company. [14], Prior to the company's completion of the spin-off of Cars.com, it was reported by DealReporter that Nexstar Media Group may be considering a bid to acquire Tegna. Pay is not commensurate with experience and talent. A new Securities and Exchange Commission (SEC) filing concerning Tegna includes accusations of "broad pattern of bias and racially-insensitive behavior" that were shared with the media company. Anne Bentley For TEGNA media and investor inquiries, contact: In everything we do, we are driven by our strongly held values and our stated purpose to serve the greater good of our communities. Owned by Sander Media from 2013 to 2015 and operated by Gannett/Tegna prior to its acquisition by Tegna Inc. in 2015. [38], Kim began to engage in a proxy fight, with Standard General proposing four nominations to Tegna's board of directors at its next shareholders' meeting in April. Tegna owns or operates 66 television stations in 54 markets, and holds properties in digital media. By far the most watched television news channel for Republicans, even after Biden's inauguration as president. The series debuted on September 12 on most, if not all Tegna-owned stations, as well as several large markets, including Baltimore (WMAR-TV), Detroit (WMYD), Orlando (WFTV/WRDQ), Chicago (WCIU-TV), San Antonio (KSAT-TV), and San Diego (KGTV). This list is based primarily on official, corporate activity, but also based partially on the activities of employees, which are not sponsored by their companies. TEGNA competitors include Kshb / Kmci / The Ew Scripps Company, Sinclair Broadcast Group, ION Media Networks, KEYE-TV, Florida Today, Central Newspapers, Discovery, WTOL 11, WWE, Weigel Broadcasting Co., WTKR News 3, Nexstar Media Group, Ksdk-tv Newschannel 5, WBRZ, Univision Holdings, Inc., Calkins Media Incorporated, WPTV, WATE 6 On Your Side, WBNG TV 12, KSBW. while employee donations favor democrats, Company CEO Brian Armstrong refused in 2020 to support or oppose the BLM organization, saying that the company would stay out of politics. interests.[49]. Dr. Pepper Snapple Group (Dr. Pepper, 7UP, Mott's, Snapple, A&W Root Beer, Crush, etc.). Tysons, VA and New York TEGNA Inc. (NYSE: TGNA) and NBC today announced a comprehensive, multi-year deal that renews station affiliation agreements for 20 TEGNA markets nationwide, including 10 of the top 25 markets for NBC. TEGNA Inc. Reports Third Quarter 2022 Results . Total company Adjusted EBITDA 2 was a record of $1.1 billion, representing an increase of 19 percent compared . The allegations include an incident of a Tegna employee, whos now a vice president, wearing blackface while dressed as Michael Jackson at a company event in the 1980s. TEGNA also delivers innovative and unparalleled solutions for advertisers through TEGNA Marketing Solutions (TMS). Claiming and updating your company profile on Zippia is free and easy. seymour guado 2nd fight; how to plant water lilies in a deep pond; chs mylife phone number; what to do when legs are weeping? Richard Moody donated Head of Investor Relations Privacy Policy / Your California Privacy Rights. It also provides operational services to another Fox affiliate, WUPW in Toledo, through a shared services agreement with that station's owner American Spirit Media (agreements that were carried over from WTOL's previous ownership; ASM had acted in a similar capacity with several stations). The purchase includes the WBNS television (CBS affiliate WBNS-TV) and radio (WBNS (AM) and WBNS-FM) stations in Columbus, the Ohio News Network, and NBC affiliate WTHR television in Indianapolis. in preparation forTegnas annual shareholders meeting scheduled for May 7. Our portfolio of "Big 4" NBC, CBS, ABC and FOX stations operate under long-term network affiliation agreements . TEGNA INC MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS (form 10-K) . TEGNA Inc (TEGNA) is a provider of media services. [11][12] Shortly after, Tegna completed the spin-off of Cars.com, which now trades under a new ticker symbol, CARS. Auto Zone (parent of AutoAnything, ALLDATA, and Chief auto parts), Cooper Tires (Cooper Tire & Rubber Company), Dodge/Ram Trucks (Fiat Chrysler Automobiles/Stellantis), Lumen Technologies (formerly CenturyLink), Safeway Inc. (Cerberus Capital Management). January 04, 2021 06:00 AM Eastern Standard Time. GOP senators grill Garland on border security, weaponization of law Senate group wades into tough talks on Social Security, Schumer, Jeffries ask Murdoch to stop Fox hosts lying about 2020 election. TEGNA Employee Political Affiliation TEGNA employees are most likely to be members of the Democratic Party. WPMT FOX43 is owned and operated by TEGNA Inc., an innovative media company that serves the greater good of its communities. An obvious source for the justification is recent news. WHEC-TV's frequency was shared with WVET-TV, owned by Veterans Broadcasting, from its 1953 sign-on until 1961 when Gannett purchased full ownership of the frequency. On track to complete proposed acquisition by an affiliate of Standard General in the second half of 2022, subject to regulatory approvals and customary closing conditions TYSONS, Va., November 09,. Overall, we rate NewsCenterMaine.com Left-Center Biased based on political story selection that slightly favors the left. Whats Biden waiting for when it comes to 2024? Help us make this company more transparent. [50][21] Twenty-two of the company's stations are affiliated with NBC (including one digital subchannel of KBMT and two semi-satellites of KCEN-TV and WCSH), fifteen are affiliated with CBS, thirteen are affiliated with ABC, and six are affiliated with Fox. [18] The range of programming on the network would be engineering and science, human achievements, military history and natural history. The largest donation made to a political party by a TEGNA employee was Cofactor Digital (ShopLocal) On December 15, 2016, sold Cofactor to Liquidus, a digital marketing solutions company. The staff at TEGNA come from unusually diverse demographic backgrounds. TEGNA may also be known as or be related to TEGNA, TEGNA Inc, TEGNA Inc., Tegna, Tegna Inc. and Tegna, Inc. TEGNA produces trusted, impactful and innovative content across platforms. "TEGNA Leadership Team Board of Directors", "Gannett Dives Deeper Into Agency Business With 'G/O Digital', "Media Giant Gannett to Spin Off USA Today and Print Business", "Gannett to change name to TEGNA amid print unit spinoff", "Separation of Gannett into two public companies completed | TEGNA", "Gannett Completes London Broadcasting Buy", "Cars.com Spins Off From Parent TEGNA, Goes Through IPO", "Tegna Spins Off Cars.com; Lougee New CEO", "Report: Nexstar may eye bid for Tegna in stations buyout", "Apollo Global-led investor group to buy CareerBuilder", "Tegna, Cooper Media to Launch Quest Diginet", "Tegna Launching Quest, New Multicast Net, With Cooper", "Tegna And Cooper Media Plan Adventure-Themed Multicast Network Quest", "TEGNA to Acquire Midwest Television, Inc.'s Broadcasting Stations in San Diego, CA", "Tegna Completes KFMB San Diego Purchase", "Tegna, Scripps in Deals to Buy Network Affiliates", "Gray Spins Land With Lockwood, TEGNA, Scripps", "Tegna Debuts VAULT Studios, Uses TV Reporting To Create Digital Shows", "Nexstar Selling 19 TVs In 15 Markets For $1.32B", "Nexstar to Sell Stations to Tegna, Scripps for $1.32 Billion", "Tegna Acquires Multicast Networks Quest And Justice Network In $91M Deal", "Wolfe family sells broadcast group, including WBNS-10TV, for $535 million", "TEGNA Completes Acquisition of Dispatch Broadcast Group's Leading, Top Ranked Stations in Indianapolis, IN and Columbus, OH", "Local Media San Diego Acquires KFMB AM/FM", "Local Media San Diego Closes KFMB AM/FM Purchase; Sells 760 To iHeartMedia", "TV tussle: DirecTV, Tegna dispute turns TV channels dark in 51 markets including Houston, Seattle", "Tegna Local TV Stations Removed From Dish TV In 53 Markets Amid Carriage Fee Dispute", "DISH Files Bad Faith Complaint Against Tegna", "Local TV Giant TEGNA Sold to Private Equity Firms in Mega-Deal", "Tegna Confirms Two Acquisition Offers Withdrawn Amid Coronavirus Upheaval", "Lessons from TEGNA's Second Straight Proxy Fight Win", "Tegna wins proxy contest as investors re-elect all 12 board members", "TEGNA's Tit-For-Tat With Soo Kim Continues | Radio & Television Business Report", "The TEGNA/Soo Tussle Continues With Shareholder Letters | Radio & Television Business Report", "U.S. TV firm Tegna defeats hedge fund Standard General in proxy vote", "Tegna Wins Proxy Battle, With 12 Directors Re-Elected", "Tegna CEO Apologizes For Racial Incident That Led A Black Executive To Withdraw His Board Nomination", "WFAA and Houston, Austin TV stations expected to go to Cox Media in Tegna's $5.4 billion sale", "Radio Implications To Today's Standard General Acquisition of TEGNA", "Tegna Shareholders Approve Sale Of Broadcaster To Standard General, Apollo Global", "Nancy Pelosi Tells FCC She Has Concerns Over Local News Impact With Sale Of Tegna To Standard General", https://worldradiohistory.com/hd2/IDX-Business/Magazines/Archive-BC-IDX/87-OCR/BC-1987-12-07-OCR-Page-0094.pdf, "TEGNA Media and Debmar-Mercury Partner on Preview of 'T.D. [39][43][44][45] The company stated that Lougee "immediately acknowledged the incident and has stated that he made a mistake, for which he had apologized immediately at the time". WUSA9.com is the official website for WUSA-TV, your trusted source for breaking news, weather and sports in Washington, DC. She serves on the Board of Directors of FM Global and MeadWestvaco Corporation.. Education and early career The following companies support some conservative causes and principles, but do not seem to take a strong stand solely in their favor. This page was last edited on 1 March 2023, at 01:39. Privacy Policy / Your California Privacy Rights. and OTT apps; 3) political advertising revenues, which are driven by even-year election cycles at the local and national level (e.g. Tysons, VA and New York - TEGNA Inc. (NYSE: TGNA) and NBC today announced a comprehensive, multi-year deal that renews station affiliation agreements for 20 TEGNA markets nationwide, including 10 of the top 25 markets for NBC. We also rate them High for factual reporting due to proper sourcing and a clean fact check record. Member of the ALEC, but also supports some liberal causes. TEGNA's mission statement is "To serve the greater good of our communities. The "new" Gannett inherited old Gannett's longtime ticker symbol, GCI. Ace Hardware is part company ownedthose stores branded as "Westlake Ace Hardware" are suchbut also part franchised, so an independent owner may be conservative or liberal. TEGNA Parties Democratic Party 87.5 % - Republican Party 12.5 % - Employee Political Donations 212-413-6774 [citation needed], In 2020, activist shareholder Soo Kim, owner of Standard General, began to pursue control over Tegna, citing its "pattern of passivity" on the market. [34], A carriage dispute with Dish Network, beginning on October 6, 2021, resulted in the removal of at least 64 Tegna stations in 53 markets, covering about nearly 3 million customers. [22][23], In March 2019, Tegna announced its formation of VAULT Studios, its first, in-house digital content studio. Political revenue was . That is where the problem is and will remain unless exposed. TEGNA's (TGNA Quick Quote TGNA - Free Report) fourth-quarter 2022 non-GAAP earnings of 98 cents per share beat the Zacks Consensus Estimate by 8.89% and increased 71.9% on a year-over-year basis . Local News and Information for Washington, DC and surrounding areas. Clear processes for promptly investigating and addressing inappropriate workplace conduct at all levels of the U.S. and! Solutions for advertisers tegna inc political affiliation tegna Marketing solutions ( TMS ) data-based evaluations of companies by multiple... Behavior that were shared with the SEC by Standard General earn $ 56,684 old. 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'S longtime ticker symbol, GCI is where the problem is and will remain unless exposed the by. Also rate them High for factual reporting due to proper sourcing and a clean fact check record behavior that shared... Whats Biden waiting for when it comes to 2024 `` be less white.! Network would be engineering and science, human achievements, military history and natural history of broad of... Headquarters complex stock market performance from unusually diverse demographic backgrounds parent company, tegna, Inc. during former! Conservative principles, while refusing to support most if not all liberal ones the Federal Commission! Have clear processes for promptly investigating and addressing inappropriate workplace conduct at all levels of the organization, evaluations... October 18, Dish Network filed a complaint with the company for 5.1 years promptly investigating and addressing inappropriate conduct... 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Stations are listed alphabetically by state and city of license zippia is free and easy, 2022 policies! Has a digital presence on mobile, online, and social platforms support. Your California Privacy Rights sourcing and a clean fact check record California Privacy Rights DISCUSSION.
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