Core Insights - TEGNA Inc. reported a 20% increase in total company revenue for Q4 2024, reaching $871 million, driven primarily by political advertising revenue [4] - The company reaffirmed its two-year Adjusted Free Cash Flow guidance for 2024/2025, estimating between $900 million and $1.1 billion [6][30] - TEGNA's CEO highlighted the company's strategy to reinvent content creation and monetization in response to technological advancements and regulatory changes [2] Financial Highlights - Q4 2024 political advertising revenue was $187 million, contributing significantly to the overall revenue growth [4] - Subscription revenue for Q4 2024 increased by 5% to $357 million, while AMS revenue decreased by 11% to $314 million [4][21] - Full-year 2024 total revenue was $3,102 million, a 7% increase from the previous year, with political advertising revenue totaling $373 million [4][19] Operational Performance - Adjusted EBITDA for Q4 2024 rose 76% to $312 million, attributed to strong political advertising and cost-cutting initiatives [4] - The company returned $356 million to shareholders in 2024 through dividends and share repurchases, maintaining a target range of 40-60% of cash flow returned [4][28] - Cash and cash equivalents at the end of Q4 2024 totaled $693 million, with a net leverage ratio of 2.7x [4][29] Strategic Developments - TEGNA announced a multi-year agreement with FuboTV Inc. for live sports telecasts and an exclusive distribution agreement with the WNBA's Dallas Wings [4] - The company appointed Dhanusha Sivajee as Senior Vice President and Chief Experience Officer to enhance local community engagement across its platforms [11] - TEGNA's station KXTV received a prestigious award for excellence in journalism, showcasing the company's commitment to quality content [11]

Company Information - TEGNA Inc. (NYSE:TGNA) will hold its 2025 Annual Meeting of Shareholders on May 21, 2025, at 9 a.m. (ET) [1] - Shareholders of record as of March 24, 2025, will be notified and eligible to vote at the meeting, which will be conducted virtually via a live webcast [2] - TEGNA operates 64 television stations across 51 U.S. markets, reaching over 100 million people monthly through various platforms including web, mobile apps, streaming, and linear television [3]

Core Insights - TEGNA Inc. has appointed Adrienne Roark as the new chief content officer, effective March 31, 2025, bringing over 30 years of experience in news leadership and content development [1][4]. Company Overview - TEGNA Inc. operates 64 television stations across 51 U.S. markets, reaching over 100 million people monthly through various platforms including web, mobile apps, streaming, and linear television [6]. Leadership Experience - Roark previously worked at CBS News and Stations, where she managed editorial content and launched weather initiatives across the network [2]. - She has held leadership roles at multiple stations, including general manager positions at KPTV/DPDX and KOIN-TV in Portland, and vice president and news director roles at KTVT-TV and KTXA-TV in Dallas-Fort Worth [3]. Strategic Vision - CEO Mike Steib emphasized Roark's commitment to local communities and her ability to drive innovation in both TV and digital platforms, aligning with TEGNA's goals [4]. - Roark expressed enthusiasm about joining TEGNA and aims to enhance the delivery of high-quality, audience-driven stories for local communities [4]. Professional Affiliations - Roark is involved with several boards, including the National Advisory Board of Poynter and the Broadcasters Foundation of America's Board of Directors [5].

Company Overview - TEGNA Inc. (NYSE:TGNA) announced the appointment of Tom Cox to an expanded role overseeing distribution efforts, including partnerships with major networks like NBC, CBS, ABC, and Fox [1][2] - The company operates 64 television stations across 51 U.S. markets, reaching over 100 million people monthly through various platforms [4] Leadership and Strategy - Tom Cox, with 20 years of media experience, aims to strengthen the media ecosystem and enhance relationships with distribution partners to support local news [2] - In addition to his new distribution responsibilities, Cox will continue to lead M&A and business development, having completed over 50 transactions totaling nearly $10 billion since joining TEGNA in 2011 [3] Business Development - Cox's leadership is expected to deepen TEGNA's relationships with key distribution partners, which is crucial for the company's mission to serve local communities [2] - The company is focused on building a sustainable future for local news, emphasizing the importance of trusted local news and services [4]

Core Points - The Dallas Wings have entered a landmark broadcast rights agreement with TEGNA's KFAA, making KFAA the exclusive local television partner for the Wings [1][3] - All Wings games not designated for national television will be available for free over-the-air in the Dallas-Fort Worth area on KFAA, with potential select games on WFAA [2][4] - This partnership is seen as a significant milestone for the Dallas Wings, coinciding with their tenth anniversary season and various organizational changes [3][6] Company Developments - The Dallas Wings will play their home games at a renovated Dallas Memorial Auditorium in downtown Dallas and are building a new practice facility [3] - The team has made key hires in their front office, including a new Executive Vice President of Basketball Operations and General Manager, and a new Head Coach [3] - The Wings won the Draft Lottery in November 2024 and will have the No. 1 pick in the upcoming 2025 WNBA Draft [3] Broadcast Details - Fans can access KFAA games through various providers, including AT&T U-verse, Charter Spectrum, DIRECTV, and others [4] - KFAA, launched in October 2024, is also the broadcast home for the NBA's Dallas Mavericks and the NBA G League's Texas Legends [5][7]

Core Points - The Dallas Wings have entered a landmark broadcast rights agreement with TEGNA's KFAA, making KFAA the exclusive local television partner for the Wings [1][3] - All Wings games not designated for national television will be available for free over-the-air in the Dallas-Fort Worth area on KFAA, with potential select games on WFAA [2][4] - This partnership is seen as a significant milestone for the Dallas Wings, coinciding with their tenth anniversary season and various organizational changes [3][5] Company Developments - The Dallas Wings will celebrate their 10th season in North Texas in 2025 and have advanced to the WNBA Playoffs five times in their first nine seasons [6] - The team has made significant changes to its front office, including hiring a new Executive Vice President of Basketball Operations and General Manager, as well as a new Head Coach [3] - The Wings won the Draft Lottery in November and will have the No. 1 pick in the upcoming 2025 WNBA Draft [3] Broadcast Details - Fans can watch Wings games on KFAA through various providers, including AT&T U-verse, Charter Spectrum, DIRECTV, and others [4][7] - KFAA, launched in October 2024, is also the broadcast home for the NBA's Dallas Mavericks and the NBA G League's Texas Legends [5][7] - The agreement enhances KFAA's position as a local destination for basketball fans in the region [3]

Group 1 - TEGNA Inc. declared a regular quarterly dividend of 12.5 cents per share, payable on April 1, 2025, to stockholders of record as of March 7, 2025 [1] - TEGNA operates 64 television stations across 51 U.S. markets, reaching over 100 million people monthly through various platforms [2] - The company provides customized marketing solutions to help businesses grow and thrive [2] Group 2 - TEGNA's press release includes forward-looking statements regarding future financial and operating results, which are subject to risks and uncertainties [3] - The company emphasizes that expectations reflected in forward-looking statements may not be achieved and may change without notice [3]

TYSONS, Va., Jan. 22, 2025 (GLOBE NEWSWIRE) -- TEGNA Inc. (NYSE: TGNA) will host a conference call to discuss its fourth quarter and full-year 2024 earnings results on Thursday, February 27, 2025, at 9 a.m. (ET). The conference call will be webcast through the company’s website, and is open to investors, the financial community, the media and other members of the public. To access the meeting by phone, please visit investors.TEGNA.com at least 10 minutes prior to the scheduled start time to access the links ...

TYSONS, Va., Jan. 06, 2025 (GLOBE NEWSWIRE) -- TEGNA Inc. (NYSE:TGNA) today announced that Scott Dempsey has been named president and general manager at WLTX, TEGNA's CBS affiliate serving Columbia, South Carolina, effective today. In his role, Dempsey is responsible for overseeing the station's operations across all platforms, as well as driving results for advertisers.  Dempsey was vice president and general manager at WBTV, a market-leading CBS affiliate in Charlotte, North Carolina, from 2015-2022. Duri ...

Scott Dempsey Scott Dempsey will lead station operations at TEGNA's WLTX-TV serving Columbia, South Carolina. TYSONS, Va., Jan. 06, 2025 (GLOBE NEWSWIRE) -- TEGNA Inc. (NYSE: TGNA) today announced that Scott Dempsey has been named president and general manager at WLTX, TEGNA’s CBS affiliate serving Columbia, South Carolina, effective today. In his role, Dempsey is responsible for overseeing the station’s operations across all platforms, as well as driving results for advertisers. Dempsey was vice presi ...