Nexstar and Sinclair both capitulated to ABC in that they agreed to run the Kimmel show without ABC or Kimmel apologizing or in other ways acceding to demands that Sinclair had made. In this note, we summarize the key lessons for investors from the last week as we head into a historic shift in broadcast ownership, a shift whose implications will filter throughout the media ecosystem.
Now that Kimmel is back on the air, is the saga of his suspension over from a capital markets perspective? We think not. In this note, we outline what we think will be the effect as the media sector wrestles with technological, market, and policy changes, as well as who we think the winners and losers will be in the dynamics that emerge from the twists and turns of the last week.
Altitude Sports Extends Partnership with TEGNA Stations 9NEWS, My20 for Second Consecutive Year, Bringing 20 Nuggets Games, 20 Avalanche Games Free to Denver Fans Altitude+ Continues to Offer Locally Broadcast Games DENVER and TYSONS, Va., Sept. 22, 2025 (GLOBE NEWSWIRE) -- Kroenke Sports & Entertainment (KSE) today announced the extension of its successful agreement with TEGNA (NYSE: TGNA) to broadcast 20 Denver Nuggets games and 20 Colorado Avalanche games for free over-the-air on Denver’s 9NEWS (KUSA-TV) and My20 (KTVD-TV). “We couldn’t be more excited to bring this fan-first partne...
In an interview, FCC Brendan Carr said ABC could lose its broadcast license due to comments Jimmy Kimmel made about Charlie Kirk. Shortly thereafter, ABC announced that it was suspending Kimmel “indefinitely,” and Trump also suggested license revocation was justified. In this note, we review the issues involved with and probabilities of the FCC successfully revoking ABC licenses or otherwise taking further action against ABC.
TEGNA Announces Quarterly Dividend TYSONS, Va., Aug. 26, 2025 (GLOBE NEWSWIRE) -- TEGNA Inc.’s (NYSE: TGNA) Board of Directors declared a regular quarterly dividend of 12.5 cents per share, payable on October 1, 2025, to stockholders of record as of the close of business on September 5, 2025. About TEGNA TEGNA Inc. (NYSE: TGNA) helps people thrive in their local communities by providing the trusted local news and services that matter most. With 64 television stations in 51 U.S. markets, TEGNA reaches more than 100 million people monthly across the web, mobile apps, connected TVs, and li...
TEGNA Names Brent Denny President and General Manager at WTHR in Indianapolis TYSONS, Va., Aug. 21, 2025 (GLOBE NEWSWIRE) -- TEGNA Inc. (NYSE: TGNA) announced that Brent Denny has been named president and general manager at WTHR, TEGNA’s NBC affiliate, and WALV, TEGNA’s MeTV affiliate serving Indianapolis, effective immediately. Denny will be responsible for driving the stations’ financial performance and overall business strategy and overseeing the stations’ operations serving the Central Indiana community. Denny brings more than 30 years of broadcast experience to his new role. He has ...
TEGNA Stations Receive Six National 2025 Edward R. Murrow Awards KING in Seattle is recognized for Overall Excellence in Large Market Television, marking the fourth consecutive year a TEGNA station receives the honor TYSONS, Va., Aug. 15, 2025 (GLOBE NEWSWIRE) -- TEGNA Inc. (NYSE: TGNA) today announced four of its stations have received 2025 National Edward R. Murrow Awards for excellence in broadcast journalism. KING in Seattle was recognized for Overall Excellence, Large Market Television, marking the fourth consecutive year a TEGNA station has received this honor. The Edward R. Murro...
The WSJ is reporting that two large broadcast groups—Nexstar and Tegna—are contemplating a merger. In this note we provide background on the current regulatory hurdles to such a transaction and how the FCC, the DOJ, and courts might react to a deal.
TEGNA Inc. Reports Second Quarter 2025 Results and Provides Third Quarter Guidance Achieves Key Guidance Metrics Reaffirms 2024/2025 Two-Year Adjusted Free Cash Flow guidance TYSONS, Va., Aug. 07, 2025 (GLOBE NEWSWIRE) -- TEGNA Inc. (NYSE: TGNA) today announced financial results for the second quarter ended June 30, 2025. “We delivered on our financial commitments this quarter while making important progress on the strategic initiatives that will shape TEGNA’s future, including accelerating our technology roadmap and expanding our local news coverage by 100 hours a day,” said Mi...
TEGNA to Host Second Quarter 2025 Earnings Conference Call on Thursday, August 7, 2025 TYSONS, Va., July 08, 2025 (GLOBE NEWSWIRE) -- TEGNA Inc. (NYSE: TGNA) will host a conference call to discuss its second quarter 2025 earnings results on Thursday, August 7, 2025, at 11 a.m. (ET). The conference call will be webcast through the , and is open to investors, the financial community, the media and other members of the public. To access the meeting by phone, please visit at least 10 minutes prior to the scheduled start time to access the links and register before the conference call begin...
TEGNA Appoints Three New Vice Presidents of Content TEGNA veterans Carol Fowler and Julie Wolfe and former Univision executive Chris Peña join the company’s content leadership team TYSONS, Va., June 23, 2025 (GLOBE NEWSWIRE) -- TEGNA Inc. (NYSE: TGNA) today announced the appointment of Carol Fowler, Julie Wolfe and Chris Peña as vice presidents of content, effective June 30. These strategic appointments, which are part of TEGNA’s commitment to invest in content as the company continues to build a sustainable future for local news, follow the company’s recent that its stations will be a...
TEGNA Announces Major Local News Expansion: Adding More than 100 Hours of New Daily Programming Across 50+ Markets Broadcaster adding dedicated 7-9 a.m. streaming programming to meet increased demand for local coverage on connected TV platforms TYSONS, Va., June 16, 2025 (GLOBE NEWSWIRE) -- TEGNA Inc. (NYSE: TGNA) today announced that its stations will be significantly expanding their already substantial local news programming by launching live and on-demand, local newscasts from 7 to 9 a.m. daily in 50+ markets through streaming, connected TV apps, and station websites. This unprecede...
TEGNA Stations Honored with 59 Regional Edward R. Murrow Awards TYSONS, Va., June 03, 2025 (GLOBE NEWSWIRE) -- TEGNA Inc. (NYSE: TGNA) today announced its stations received 59 Regional Edward R. Murrow Awards. TEGNA stations garnered three in overall excellence, the highest achievement awarded, including KING in Seattle which received 11 awards total in the large market television category. “We are delivering impactful journalism that empowers communities with the information, resources and tools they need to thrive,” said Adrienne Roark, chief content officer, TEGNA. “Congratulations to...
TEGNA Shareholders Approve All Board of Directors’ Proposals at 2025 Annual Meeting TYSONS, Va., May 21, 2025 (GLOBE NEWSWIRE) -- Shareholders of TEGNA Inc. (NYSE: TGNA) today overwhelmingly approved all the Board of Directors’ proposals at the Company’s 2025 annual shareholder meeting. TEGNA shareholders have re-elected Board chair Howard D. Elias, CEO Mike Steib, and independent directors Gina L. Bianchini, Catherine Dunleavy, Stuart J. Epstein, Scott K. McCune, Henry W. McGee, Neal B. Shapiro, Denmark West and Melinda C. Witmer. Karen H. Grimes has retired from TEGNA’s Board of D...
TEGNA Announces Quarterly Dividend TYSONS, Va., May 20, 2025 (GLOBE NEWSWIRE) -- TEGNA Inc.’s (NYSE: TGNA) Board of Directors declared a regular quarterly dividend of 12.5 cents per share, payable on July 1, 2025, to stockholders of record as of the close of business on June 6, 2025. About TEGNA TEGNA Inc. (NYSE: TGNA) helps people thrive in their local communities by providing the trusted local news and services that matter most. Together, we are building a sustainable future for local news. With 64 television stations in 51 U.S. markets, TEGNA reaches more than 100 million people on a...
TEGNA Inc. Reports First Quarter 2025 Results and Provides Second Quarter Guidance Achieves first quarter key guidance metrics Reaffirms 2024/2025 two-year Adjusted Free Cash Flow guidance TYSONS, Va., May 08, 2025 (GLOBE NEWSWIRE) -- TEGNA Inc. (NYSE: TGNA) today announced financial results for the first quarter ended March 31, 2025. “We’re making important progress on the key initiatives that are shaping TEGNA’s future,” said Mike Steib, CEO. “While the macro environment remains volatile, we’re staying focused on execution, reinventing how we serve our local communities to maxi...
Indiana Fever and WTHR announce extension of their multi-year broadcast agreement to deliver record number of games to fans TYSONS, Va. and INDIANAPOLIS, April 17, 2025 (GLOBE NEWSWIRE) -- The Indiana Fever and WTHR, the TEGNA owned NBC affiliate in Indianapolis, today announced a multi-year extension of their landmark distribution agreement to deliver more exciting basketball action to central Indiana fans than ever before. WTHR and WALV, TEGNA’s MeTV affiliate, will air 18 games locally, giving fans across central Indiana unprecedented access to watch the Fever in action as they figh...
Premion Expands Omnichannel and Ad Tech Capabilities to Drive Cross-Channel Performance and Fuel Next Growth Phase NEW YORK, April 15, 2025 (GLOBE NEWSWIRE) -- , the leading premium CTV/OTT advertising solution for regional and local advertisers, today announced the launch of its expanded capabilities and new tools for advertisers to execute and optimize campaigns across channels. With the integration of , Premion has further strengthened its purpose-built local CTV platform and demand side platform (DSP) to drive full-funnel outcomes. Premion’s DSP transforms local CTV advertising with ...
A director at Tegna Inc sold 40,000 shares at 15.920USD and the significance rating of the trade was 69/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years clearly showi...
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