TEGNA(TGNA)
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Donald Trump Endorses Nexstar-Tegna Merger, And FCC Chair Responds: “Let's Get It Done”
Deadline· 2026-02-07 20:14
Donald Trump gave his endorsement to Nexstar’s proposed merger with Tegna, a transaction that would create a broadcast giant reaching 80% of TV households. On Truth Social, Trump wrote, “We need more competition against THE ENEMY, the Fake News National TV Networks. Letting Good Deals get done like Nexstar – Tegna will help knock out the Fake News because there will be more competition, and at a higher and more sophisticated level. Those that are opposed don’t fully understand how good the concept of this ...
Donald Trump backs Nexstar Media's move to acquire Tegna for $6.2 billion, says ‘need more competition against enemy…'
MINT· 2026-02-07 18:03
United States President Donald Trump, on Saturday, 7 February 2026, publicly backed local conservative company Nexstar Media's move to acquire Tegna for $6.2 billion, saying that it would be good for competition against the ‘enemy’ of the fake news networks, according to a Truth Social post.In his recent post, Donald Trump said that America needs more competition among news organisations to stand against the alleged enemy of other ‘fake news’, and deals like Nexstar Media acquiring Tegna will boost the same ...
Diverse Headlines Point to Media Shake-Ups, Banking Woes, and Political Undercurrents
Stock Market News· 2026-02-07 16:08
Key TakeawaysFormer President Donald Trump has publicly endorsed the potential merger between Nexstar Media Group (NXST) and Tegna Inc. (TGNA), viewing it as a strategic move to foster greater competition against what he terms "Fake News" national television networks.The dissolution of the partnership between Wells Fargo (WFC) and fintech startup Bilt has taken a "chaotic turn," with customers attempting to close accounts reportedly receiving unexpected credit cards.Creditors have leveled accusations agains ...
TEGNA Station WXIA Wins Prestigious 2026 Alfred I. duPont-Columbia Award for Groundbreaking Investigation, ‘Help that Harms'
Globenewswire· 2026-01-29 15:30
TYSONS, Va., Jan. 29, 2026 (GLOBE NEWSWIRE) -- TEGNA Inc. (NYSE: TGNA) today announced that WXIA (11Alive), the local news and technology company’s NBC affiliate in Atlanta, has received a 2026 Alfred I. duPont‑Columbia University Award, which honors excellence in broadcast, online and documentary journalism. The station won for “Help That Harms,” a groundbreaking investigation exposing how families across Georgia were swept into devastating child abuse allegations when bringing infants into the emergency r ...
TEGNA Expands Local News Offering with First-of-Its-Kind Mobile App Delivering Thousands of Original Mobile Videos Daily from Trusted Local Reporters & Weather Teams
Globenewswire· 2026-01-28 12:15
Core Insights - TEGNA, Inc. has launched new mobile apps across 50 markets, enhancing real-time access to local news and weather stories [1][4] - The transformation of local stations into 24/7 story-first newsrooms is central to TEGNA's strategy, allowing for immediate delivery of local stories [2][3] User Engagement and Performance - During the testing phase in four beta markets, video plays increased by over tenfold, and user sessions rose by 40% [4] - The app emphasizes digital design and user experience, aiming to provide real-time video updates from local reporters [5] Technological Advancements - TEGNA has reimagined the software powering local teams to enable true 24/7 news coverage, utilizing cutting-edge technology to free up time for content creation [5] Key Features of the Mobile App - The app includes elegant design, fast loading times, localized onboarding, and active customization for user preferences [10] - It offers a personalized home feed, story summaries, a social-native vertical video player, and best-in-class local weather features [10] - Additional features include topic exploration hubs and integrated advertising solutions for brands [10] Company Overview - TEGNA operates 64 television stations in 51 U.S. markets, reaching over 100 million people monthly through various platforms [7]
TEGNA: Attractive Amidst Regulatory Uncertainty (NYSE:TGNA)
Seeking Alpha· 2026-01-15 23:46
While shares are up 3% from last year, it has been a bumpy ride for investors in TEGNA Inc. ( TGNA ). After weak performance in H1 2025 amid fears of an advertising slowdown, the stock popped when Nexstar (Over fifteen years of experience making contrarian bets based on my macro view and stock-specific turnaround stories to garner outsized returns with a favorable risk/reward profile. If you want me to cover a specific stock or have a question for an article, just let me know!Analyst’s Disclosure:I/we have ...
Optimum Blasts TEGNA's Outrageous 30% - 50% Price Hike Demand
Businesswire· 2025-12-17 00:02
Core Viewpoint - Optimum strongly rejects TEGNA's excessive fee increases, which are seen as unjustified and disconnected from market realities [1] Summary by Relevant Categories Company Actions - Optimum is actively opposing TEGNA's proposed fee hikes, which include a 30% increase for major network affiliates and a 50% increase for the CW [1] Industry Context - TEGNA's demands are characterized as egregious and not aligned with current market conditions, indicating a potential strain in negotiations between broadcast providers and local affiliates [1]
Why Is TEGNA (TGNA) Down 3.2% Since Last Earnings Report?
ZACKS· 2025-12-10 17:30
Core Viewpoint - TEGNA Inc. has reported a significant decline in earnings and revenues for Q3 2025, raising concerns about its future performance as it approaches its next earnings release [2][8]. Financial Performance - TEGNA's Q3 2025 non-GAAP earnings were 33 cents per share, missing the Zacks Consensus Estimate by 5.71% and down 64.9% year-over-year [2]. - Revenues fell 19.3% year-over-year to $650.8 million, also missing the Zacks Consensus Estimate by 1.35% [2]. - Advertising and marketing services (AMS) revenues decreased 11.7% year-over-year to $273.4 million, impacted by weak macro conditions and the absence of the summer Olympic games [3]. - Political revenues plummeted 92.2% year-over-year to $9.9 million, while other revenues decreased by 2% to $9.1 million [4]. - Non-GAAP adjusted EBITDA dropped 52% year-over-year to $131 million, primarily due to lower political advertising and AMS revenues [4]. - Non-GAAP operating income decreased 55.6% year-over-year to $106.8 million [5]. Balance Sheet & Cash Flow - As of September 30, 2025, total cash and cash equivalents were $233 million, down from $757 million as of June 30, 2025 [6]. - Net leverage at the end of Q3 was 2.9 times, and TEGNA redeemed $550 million of its 4.75% senior notes due March 15, 2026 [7]. - The company returned $20 million to shareholders through dividends during Q3, with adjusted free cash flow at $64 million compared to $96 million in the previous quarter [7]. Strategic Outlook - TEGNA will not provide forward-looking financial guidance due to a pending merger with Nexstar, expected to close in the second half of 2026 [8]. - The company has a Zacks Rank of 4 (Sell), indicating expectations of below-average returns in the coming months [12]. Industry Comparison - TEGNA is part of the Zacks Broadcast Radio and Television industry, where Sirius XM reported revenues of $2.16 billion for the quarter ended September 2025, reflecting a year-over-year change of -0.6% [13]. - Sirius XM's EPS for the same period was $0.84, compared to -$0.84 a year ago, and it holds a Zacks Rank of 3 (Hold) [14].
Tegna falls 5% after Trump criticizes lifting local TV ownership cap
Reuters· 2025-11-24 14:52
Core Points - Shares in Tegna fell nearly 5% following criticism from President Donald Trump regarding a proposal to lift the current cap on local television station ownership, which is essential for the company's expansion plans [1] Company Summary - Tegna's stock experienced a decline of nearly 5% on Monday due to external political commentary affecting investor sentiment [1] - The proposal to lift the ownership cap is crucial for Tegna's ability to acquire additional local television stations, which could enhance its market position [1]
TEGNA Announces Quarterly Dividend
Globenewswire· 2025-11-18 21:15
Group 1 - TEGNA Inc. declared a regular quarterly dividend of 12.5 cents per share, payable on January 2, 2026, to shareholders of record as of December 5, 2025 [1] - TEGNA operates 64 television stations across 51 U.S. markets, reaching over 100 million people monthly through various platforms [2] Group 2 - The company emphasizes its commitment to providing trusted local news and services that are essential for community thriving [2]