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. It has an unusually high proportion of employees who are members of the Democratic Party, at 87.0%. 15% of TEGNA employees are Hispanic or Latino. We are a drug free, EEO employer committed to a diverse workforce. Other major sources include 2ndVote, a research provider that scores companies from 5 (most conservative) to 1 (most liberal), and OpenSecrets, an online database that tracks political donations in the U.S. 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 . Our estimates are verified against BLS, Census, and current job openings data for accuracy. The local affiliate I work for in Des Moines is very poorly managed. One of the most dominant and far-reaching media companies in U.S. history just got even bigger, and there's a chance it could affect the way huge swaths of people get news but there's a good. maison boulud dress code. Our portfolio of "Big 4" NBC, CBS, ABC and FOX stations operate under long-term network affiliation agreements . She was succeeded by Dave Lougee on 1 June 2017. TEGNA Marketing Solutions offers innovative solutions to help businesses reach consumers across television, digital and over-the-top (OTT) platforms, including Premion, TEGNAs OTT advertising service. dkuckelman@TEGNA.com, For NBCUniversal media inquiries, contact: The wages at ION Media Networks average higher than the other similar companies, where the median salary is $72,169 per year. The new agreement includes full carriage of the NBC broadcast network, including TODAY,NBC Nightly News with Lester Holt, Sunday Night Football, the Summer and Winter Olympic Games, This Is Us, The Voice, The Tonight Show Starring Jimmy Fallon and more. [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. The studio's first content would be true crime podcasts, drawing on its station news content. The document was filed with the SEC by Standard General. The staff at TEGNA come from unusually diverse demographic backgrounds. We remain committed to ensuring that Tegna effectively serves and represents all of our communities., Other alleged incidents in the letter include Black and Latino on-air talent being hammered for their dialect and a marketing executive promoting the use of purple graphics that African American audiences might enjoy.. Richard Moody donated Dave Lougee is President/CEO at Tegna Inc. See Dave Lougee's compensation, career history, education, & memberships. In a statement, she explained that the split plans were "significant next steps in our ongoing initiatives to increase shareholder value by building scale, increasing cash flow, sharpening management focus, and strengthening all of our businesses to compete effectively in today's increasingly digital landscape." WPMT FOX43 is owned and operated by TEGNA Inc., an innovative media company that serves the greater good of its communities. The company creates and delivers television programming and digital content, and information across various platforms. As community needs differ by region, please check with your local Community Grant contact to learn what needs are being addressed in your area. Trustworthy, Impactful Journalism TEGNA produces trusted, impactful and innovative news content across platforms, helping to keep our communities informed and safe. A large media company with 6,883 employees and an annual revenue of $3.0B, TEGNA is headquartered in Virginia. Tegnas Board of Directors, management team and station leadership continue to take concerted action to build a more diverse, equitable and inclusive Tegna all of which is publicly detailed, the spokesperson added. [33], A carriage dispute with DirecTV, beginning on December 2, 2020, resulted in the removal of at least 60 Tegna stations in 51 markets, covering about 39% of TV homes, from the DirecTV, AT&T U-verse and AT&T TV streaming platforms. [29] The sale was approved by the FCC on July 29, 2019,[30] and was completed on August 8. Target of asset manager Blackrock's pressure campaign for its support for conservative causes. 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. Based on our research, similar companies to TEGNA are ION Media Networks, Discovery, and Univision Holdings, Inc. TEGNA is ranked #13 on the Best Media Companies to Work For in Virginia list. Took the lead to drop mask mandate during COVID-19 pandemic. If any inaccurate entries are found in this list, please update them! Founder/CEO is very vocal about voter fraud after the 2020 US presidential election. The average employee at TEGNA makes $56,684 per year. TEGNA and NBC Renew Affiliation Agreement. 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. A newSecurities and Exchange Commission (SEC) filingconcerningTegna includesaccusations of broad pattern of bias and racially-insensitive behavior that were shared with the media company by its largest active shareholder. Christian-oriented restaurant whose mission is to glorify God by positively impacting the world we live in. Research Summary. Read our profile on the United States government and media. Unsurprisingly, Tom's and Seventh Generation jump to the top of left-leaning companies. The new agreement includes full carriage of the FOX broadcast network . Head of Investor Relations [4][9][10], In September 2016, Tegna announced plans to spin off Cars.com to create two independent publicly traded companies. 2022, 2020, etc.) Tegna shareholders approved an initial public offering of Cars.com as a publicly traded spin-off in May 2017. 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). The average employee at TEGNA makes $56,684 per year. Tegna Inc. (stylized in all caps as TEGNA) is an American publicly traded broadcast, digital media and marketing services company headquartered in Tysons Corner, Virginia. TEGNA's mission statement is "To serve the greater good of our communities. To get the most updated information, readers are encouraged to make sure the sources used reflect the companies' current status. Individual donations showed somewhat balanced support for both sides in 2020. 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). For TEGNA media and investor inquiries, contact: [22][23], In March 2019, Tegna announced its formation of VAULT Studios, its first, in-house digital content studio. 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. 7-Eleven PAC donated 95% Republican in 2020. [56], In January 2018, Tegna announced a partnership with Sony Pictures Television to handle syndication distribution and advertising sales for its original programs.[57]. accusations of broad pattern of bias and racially-insensitive behavior that were shared with the media company by its largest active shareholder. We also rate them High for factual reporting due to proper sourcing and a clean fact check record. Living as the station's "chief brand officer", evangelizing the brand and championing all brand-related matters inside the organization.. Dr. Pepper Snapple Group (Dr. Pepper, 7UP, Mott's, Snapple, A&W Root Beer, Crush, etc.). We are a drug free, EEO employer committed to a diverse workforce. [31], In December 2019, Tegna agreed to sell KFMB-AM-FM to Local Media San Diego for $5 million;[32] the sale was completed on March 17, 2020. Tegna owns or operates 66 television stations in 54 markets, and holds properties in digital media. As part of the separation, the company announced that the broadcasting and digital company would be named Tegnaa partial anagram of "Gannett". Our purpose is to serve the greater good of our communities through empowering stories, impactful investigations and innovative marketing services. This is 2021, yet the roots of racist behavior within Tegna/Gannett are ugly and run deep. TEGNA also owns leading multicast networks True Crime Network and Quest. [24], On March 20, 2019, Tegna entered an agreement with Nexstar Media Group to acquire eleven stations for $740 million in order to reduce Nexstar's national ownership reach under the federally imposed 39% cap and alleviate ownership conflicts with existing Nexstar properties once it completes a merger with Tribune Media. We have made significant progress in recent years, but our record is not perfect, the spokesperson said in an emailed statement. TEGNA (TGNA) and NBC Ink Multi-Year Deal to Renew . Founded by a liberal and supports liberal causes. 1998 - 2023 Nexstar Media Inc. | All Rights Reserved. In 2015, Gannett spun off Tegna as a separate public company. On. The following are companies which actively engage in activities against conservative values. (AMS) revenues, which include local and national non-political television advertising, digital marketing services (including Premion), and advertising on stations' websites, tablet and mobile products and OTT apps; 3) political . Note that indicators of conservative interest can change suddenly. Cofactor Digital (ShopLocal) On December 15, 2016, sold Cofactor to Liquidus, a digital marketing solutions company. 703-873-6764 [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. The broadcasting company retained KPNX, which took the name TEGNA. To check for specific companies, try using your browser's "find" function. However, the distorted picture of Tegna and its stations painted by Standard General to advance its ill-conceived proxy fight will not distract from our significant focus on DE&I [diversity, equity and inclusion] as well as our strong financial performance.. The 20 markets renewed cover 17 percent of the U.S. audience and nearly 21 million households. Cooper Media's president and general manager Brian Weiss transferred to Tegna and continue managing the two networks. 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. 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. The company is 49.5% female and 39.7% ethnic minorities. 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. The following is a non-exhaustive list of for-profit companies which generally support conservative principles, individuals, and/or organizations. Total company Adjusted EBITDA 2 was a record of $1.1 billion, representing an increase of 19 percent compared . And as Reagan's son assumed, Apple, Google, and most other major tech companies side with Democrats too. Other Nexstar/Tribune stations going to Tegna are WZDX/Huntsville, KFSM-TV/Fort SmithFayetteville, WTIC-TVWCCT-TV/Hartford, and WATN-TVWLMT/Memphis. The most common ethnicity at TEGNA is White (60%). 12 News KPNX is owned and operated by TEGNA Inc., which operates 66 television stations in 54 markets. [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. TEGNA employees are most likely to be members of the democratic party. "[40][41][42] In 2021, Standard General once again put forward nominees to Tegna's board of directors, alleging that the company was underperforming and had issues with diversity, equity, and inclusion; the latter came after a Black nominee put forward by Standard General withdrew, citing a previous incident involving CEO Dave Lougee in 2014. 96% organizational and 59% individual donations went conservatives in 2020. THE HILL 1625 K STREET, NW SUITE 900 WASHINGTON DC 20006 | 202-628-8500 TEL | 202-628-8503 FAX. Hopefully, your team can look into this and get Tegna cleaned up from the top. [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. 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. 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. The companies are categorized of the extent of their support for, as well as opposition to, conservative causes. Men's grooming products creator and retailer. 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. Other major sources include 2ndVote, a research provider that scores companies from 5 (most conservative) to 1 (most liberal),[1][2] and OpenSecrets, an online database that tracks political donations in the U.S.[3]. 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. [15] In June 2017, Tegna announced it had entered into a definitive agreement, together with the other owners of CareerBuilder, to sell CareerBuilder to an investor group led by investments funds managed by affiliates of Apollo Global Management and the board of the Ontario Teachers Pension Plan. TEGNA, Inc. (NYSE: TGNA) is an innovative media company that serves the greater good of our communities. Among the first to drop MyPillow following Lindell's allegation of voter fraud in the 2020 Presidential Election. abentley@TEGNA.com, Doug Kuckelman Being a big, bold thinker/innovator and at times, disruptor, for the station. Employees seem to enjoy working in an otherwise diverse workplace that is dominated by members of the Democratic Party. Employees at the parent company, TEGNA, earn $56,684. TEGNA (TGNA) and NBC extend partnership with multi-year deal to renew station affiliation agreements for 20 TEGNA markets in the United States. 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, The filing comes less than a month after media attorney and consultant Adonis Hoffman. Good health benefits and great PTO. These cable networks were owned by Belo prior to acquisition by Gannett/Tegna: "TEGNA" redirects here. Zales Jewelers (parent of Jared, Kay Jewelers, Peoples Jewellers, etc.). TMS is a one-stop shop that helps businesses thrive through an unmatched suite of services and solutions that reach consumers across television, email, social and over-the-top (OTT) platforms, including Premion, TEGNA's OTT advertising service. Corporate Communications 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. In regards to other rumored offers from Byron Allen and religious broadcaster TBN (the latter in partnership with Jahm Najafi), the company stated that "the other two parties have not signed confidentiality agreements to enable due diligence and have not delivered any information on financing sources". Sends 5% of its users' price to pro-life, pro-family charities. They state TEGNA's purpose is to serve the greater good of our communities. Eight Iowa state GOP lawmakers propose constitutional amendment to ban same-sex China, Belarus call for cease-fire, negotiations in Ukraine, Vance pitches PPP for Ohio while other Republicans say to wait, What Bidens FHA mortgage fee cut means for buyers. Self-proclaimed as "what progressives have been waiting for". About 11Alive WXIA. [28], On June 11, 2019, it was reported Tegna Inc. purchased the Dispatch Broadcast Group's television and radio assets, subject to regulatory approval, for $535 million. $2,850 to the Democratic Party. This conflicting activity makes their beliefs and intentions difficult to discern with certainty, warranting some debate. Covid-19 pandemic within Tegna/Gannett are ugly and run deep companies are categorized of FOX! Unsurprisingly, Tom & # x27 ; s purpose is to serve the greater good of our.. This is 2021, yet the roots of racist behavior within Tegna/Gannett are ugly and run.... 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Going to TEGNA are WZDX/Huntsville, KFSM-TV/Fort SmithFayetteville, WTIC-TVWCCT-TV/Hartford, and.! Statement is `` to serve the greater good of our communities 54 markets, and.! Female and 39.7 % ethnic minorities following are companies which generally support conservative principles, individuals, and/or.... Going to TEGNA are WZDX/Huntsville, KFSM-TV/Fort SmithFayetteville, WTIC-TVWCCT-TV/Hartford, and information across various tegna inc political affiliation in. To acquisition by Gannett/Tegna: `` TEGNA '' redirects here, at 87.0 % current job openings data for.... For accuracy for in Des Moines is very vocal about voter fraud in the 2020 US presidential election Tom. Them high for factual reporting due to proper sourcing and a clean fact check record active shareholder openings for... Is 2021, yet the roots of racist behavior within Tegna/Gannett are ugly and deep. 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