[37] In March 2020, Tegna stated that it had turned down two acquisition offers by Gray Television and Apollo Global Management, stating that "these two parties made their proposals shortly before the recent market dislocation due to the COVID-19 pandemic and both subsequently informed Tegna that they were ceasing discussions." 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. Target of asset manager Blackrock's pressure campaign for its support for conservative causes. 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.. TEGNA also owns leading multicast networks True Crime Network and Quest. TEGNA achieved record net income of $631 million on a GAAP basis, or $637 million on a non-GAAP basis. 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The companies are categorized of the extent of their support for, as well as opposition to, conservative causes. Political revenue was . She serves on the Board of Directors of FM Global and MeadWestvaco Corporation.. Education and early career They state TEGNA's purpose is to serve the greater good of our communities. [3] [4] It was created on June 29, 2015, when the Gannett Company split into two publicly traded companies. For the former Swiss municipality, see, This article is about Tegna, formerly Gannett, as a broadcast and digital media company. We have made significant progress in recent years, but our record is not perfect, the spokesperson said in an emailed statement. Its television stations has a digital presence on mobile, online, and social platforms. Tegna shareholders approved an initial public offering of Cars.com as a publicly traded spin-off in May 2017. in the U.S. and several other media properties. [48] It still awaits FCC approval. Gracia Martore, president and CEO of Tegna, retired and stepped down from the board. Organizational donation went 100% Republican in 2020. Although a gun manufacturer supporting the 2nd amendment might seem self-serving, this company has been adamant in that stance, while also vocally opposing liberal candidates. With 63 television stations in 51 U.S. markets, TEGNA is the largest owner of top 4 network affiliates in the top 25 markets among independent station groups, reaching approximately 39 percent of. Exposing corruption and wrongdoing, holding elected officials and those in power accountable, giving a voice to the voiceless and telling empowering stories that impact our lives is at the heart of our purpose to serve the greater good.". Zales Jewelers (parent of Jared, Kay Jewelers, Peoples Jewellers, etc.). Many browsers on many operating systems support the keyboard shortcut "Ctrl+F" to access this feature. 2022, 2020, etc.) Gannett Company spun-off most of its internet media properties to Tegna. The information is 100% accurate and fairly easy to verify. [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. Armed with our award-winning portfolio of offerings, our team of marketing experts have driven results for thousands of businesses across the country. Stations are listed alphabetically by state and city of license. Research Summary. Supports conservative causes; some of their trucks have been seen bearing the Bible reference "John 3:16". It has an unusually high proportion of employees who are members of the Democratic Party, at 87.0%. 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. These are organizations which historically may have shown conservative interests, but no longer seem to do so. This conflicting activity makes their beliefs and intentions difficult to discern with certainty, warranting some debate. Subsidiaries to TEGNA include Central Newspapers, Florida Today, and THV11. Individual donations showed somewhat balanced support for both sides in 2020. 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 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. 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 20 markets renewed cover 17 percent of the U.S. audience and nearly 21 million households. $2,850 to the Democratic Party. 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. Men's grooming products creator and retailer. The 20 markets renewed cover 17 percent of the U.S. audience and nearly 21 . 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. Cooper Media's president and general manager Brian Weiss transferred to Tegna and continue managing the two networks. Note that indicators of conservative interest can change suddenly. [52], On December 9, Tegna greenlit the series for an entire run for the 20162017 broadcast season. 96% organizational and 59% individual donations went conservatives in 2020. To get the most updated information, readers are encouraged to make sure the sources used reflect the companies' current status. [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. Self-proclaimed as "what progressives have been waiting for". Overall, we rate NewsCenterMaine.com Left-Center Biased based on political story selection that slightly favors the left. Founder/CEO is very vocal about voter fraud after the 2020 US presidential election. Richard Moody donated $2,850 to the Democratic Party. WDAN-TV changed call letters to WICD following its sale, and in 1967 was merged with WCHU (channel 33) in Champaign into the present-day. 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. Supports military organizations with donations and products. A large media company with 6,883 employees and an annual revenue of $3.0B, TEGNA is headquartered in Virginia. TEGNA (TGNA) and NBC Ink Multi-Year Deal to Renew . [17] Tegna would be the charter station group as such would receive a minority stake in the network, which launched in January 2018. The 20 markets renewed cover 17 percent of the U.S. audience and nearly 21 million households. Member of ALEC, but also support numerous liberal organizations and policies. Help us make this company more transparent. United Technologies (Otis, UTC Climate, Controls & Security, Bed Bath & Beyond (parent of Buy Buy Baby, Christmas Tree Shop, Cost Plus World Market, and One Kings Lane). TEGNA INC. (Exact name of registrant as specified in its charter) . That is where the problem is and will remain unless exposed. TEGNA and NBC Renew Affiliation Agreement. The broadcasting company retained KPNX, which took the name TEGNA. 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. Member of the ALEC, but also supports some liberal causes. [3][4] It was created on June 29, 2015, when the Gannett Company split into two publicly traded companies. [4][9][10], In September 2016, Tegna announced plans to spin off Cars.com to create two independent publicly traded companies. Our portfolio of "Big 4" NBC, CBS, ABC and FOX stations operate under long-term network affiliation agreements . To serve the greater good of our communities. TEGNA has great employee retention with staff members usually staying with the company for 5.1 years. 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. In everything we do, we are driven by our strongly held values and our stated purpose to serve the greater good of our communities. TEGNA Parties Democratic Party 87.5 % - Republican Party 12.5 % - Employee Political Donations 11Alive currently employs more than 200 men and women in the areas of news, engineering, production, promotion, accounting, sales, programming, web design and development, and . to be nominated as a board member for Tegna, citing an incident where CEO Dave Lougee assumed he was a hotel valet, and also potential conflicts of interest. As part of the separation, the company announced that the broadcasting and digital company would be named Tegnaa partial anagram of "Gannett". [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. [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. Funded by / Ownership. TEGNA | Broadcast Media | Marketing Services : TEGNA Our purpose is to serve the greater good of our communities. Two notable multi-year affiliation agreements were renewed in the last quarter. [56], In January 2018, Tegna announced a partnership with Sony Pictures Television to handle syndication distribution and advertising sales for its original programs.[57]. [21], On August 20, 2018, Tegna agreed to purchase two stations spun off from the Gray Television-Raycom Media merger, CBS affiliate WTOL-TV in Toledo (the sale likely includes rights to an existing shared services agreement with American Spirit Media-owned Fox affiliate WUPW) and NBC affiliate KWES-TV in Odessa in order to alleviate ownership conflicts involving Gray's ownership of ABC affiliate WTVG in the Toledo market and CBS affiliate KOSA-TV in the Odessa market. 14% of TEGNA employees are Black or African American. Christian-oriented restaurant whose mission is to glorify God by positively impacting the world we live in. Among the first to drop MyPillow following Lindell's allegation of voter fraud in the 2020 Presidential Election. As the largest NBC affiliate group among independent station groups,we are proud of our longstanding partnership that serves our communities, said Dave Lougee, president and CEO, TEGNA. The list includes stations owned by Tegna, Inc. during its former existence as the Gannett Company subsidiary Gannett Broadcasting, Inc. Political revenue was a record for a non-presidential election year at $341 million, up 21 percent from 2018 on a pro forma basis 1. Have you worked at TEGNA? We calculated the diversity score of companies by measuring multiple factors, including the ethnic background, gender identity, and language skills of their workforce. 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. 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