TEGNA(TGNA)
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TEGNA Taps Melissa Zimyeski and Mat Yurow for Digital Product and Growth Leadership Roles
Globenewswire· 2025-03-27 13:15
Melissa Zimyeski Melissa Zimyeski will lead the product management and design of TEGNA’s consumer digital products. Mat Yurow Mat Yurow will lead audience and revenue growth across the TEGNA’s digital products. TYSONS, Va., March 27, 2025 (GLOBE NEWSWIRE) -- TEGNA Inc. (NYSE: TGNA) today announced today that it has appointed Melissa Zimyeski vice president of product and Mat Yurow vice president of growth reporting to chief experience officer Dhanusha Sivajee. Zimyeski is a proven digital and consum ...
TEGNA to Host First Quarter 2025 Earnings Conference Call on Thursday, May 8, 2025
Newsfilter· 2025-03-27 12:00
Core Points - TEGNA Inc. will host a conference call to discuss its first quarter 2025 earnings results on May 8, 2025, at 11 a.m. (ET) [1] - The earnings announcement will be released to news outlets before the market opens on the same day [3] - TEGNA operates 64 television stations in 51 U.S. markets, reaching over 100 million people monthly through various platforms [3] Access Information - Participants can access the conference call by registering at investors.TEGNA.com at least 10 minutes prior to the start time [2] - After registration, phone participants will receive dial-in numbers and a unique PIN for access [2] - The webcast will be archived and available on the Investor Relations section of TEGNA's website [3] Company Overview - TEGNA Inc. focuses on providing trusted local news and services, aiming to build a sustainable future for local news [3] - The company emphasizes its role in helping communities thrive through its media services [3]
TEGNA (TGNA) Upgraded to Strong Buy: What Does It Mean for the Stock?
ZACKS· 2025-03-18 17:00
Investors might want to bet on TEGNA Inc. (TGNA) , as it has been recently upgraded to a Zacks Rank #1 (Strong Buy). This upgrade primarily reflects an upward trend in earnings estimates, which is one of the most powerful forces impacting stock prices.A company's changing earnings picture is at the core of the Zacks rating. The system tracks the Zacks Consensus Estimate -- the consensus measure of EPS estimates from the sell-side analysts covering the stock -- for the current and following years.Since a cha ...
Locked On and Amazon Team Up for "Fire TV Channels Bracket Breakdown"
Newsfilter· 2025-03-17 12:30
TYSONS, Va., March 17, 2025 (GLOBE NEWSWIRE) -- TEGNA Inc. (NYSE:TGNA) announced today that it is teaming up with Amazon Fire TV Channels to bring college basketball fans a new approach to men's and women's NCAA Tournament coverage. Fans can stream "Fire TV Channels Bracket Breakdown," a new series that will cover the tournament beginning to end, with a single click on Fire TV, Fire tablet, and Echo Show devices. "Bracket Breakdown" combines the expertise of notable players, insights from basketball journal ...
Locked On and Amazon Team Up for “Fire TV Channels Bracket Breakdown”
Globenewswire· 2025-03-17 12:30
New series offers free, in-depth coverage of the men’s and women’s NCAA Basketball Tournament on Fire TV, Alexa, and Fire tablet devices Fire TV Channels Bracket Breakdown + Locked On “Fire TV Channels Bracket Breakdown” combines the expertise of notable players, insights from basketball journalists, and the local coverage for which TEGNA’s Locked On Podcast Network is known. TYSONS, Va., March 17, 2025 (GLOBE NEWSWIRE) -- TEGNA Inc. (NYSE: TGNA) announced today that it is teaming up with Amazon Fire TV ...
Premion Selects Compliant to Improve Programmatic Media Curation Using Advanced Data Integrity Tools
GlobeNewswire News Room· 2025-03-12 13:00
Core Insights - Premion has integrated Compliant's advanced data integrity signals into its Octillion demand-side platform (DSP), responding to the growing demand for data quality in advertising [1][2] - Compliant is recognized as the first company to provide independent verification of supply-side data standards globally, enhancing the quality of inventory available to advertisers [2][3] - The partnership aims to set a new standard for transparency and quality in digital advertising, with a focus on responsible targeting and improved campaign outcomes [3][4] Company Overview - Premion, launched in 2016 by TEGNA Inc., is a leading CTV/OTT advertising platform catering to regional and local advertisers, with a strong emphasis on transparency and brand safety [5] - The company has received multiple awards for its advertising solutions, including the Advanced Advertising Innovation Award for Best Use of Data in 2023 [5] - Compliant specializes in data integrity signals for digital advertising, providing actionable insights and benchmarks to enhance media quality and campaign effectiveness [6] Industry Trends - The digital advertising industry is transitioning from a focus on cheap reach and click-through rates (CTRs) to prioritizing data integrity and quality media [4] - The integration of Compliant's signals into the Octillion DSP is expected to elevate standards across the media value chain, making data integrity a critical metric alongside viewability and brand safety [4]
TEGNA: Media Firm Faces Political Ad Slowdown In 2025, But Cashflow Remains Strong
Seeking Alpha· 2025-03-11 18:59
Core Insights - Albert Anthony is a Croatian-American media personality who has gained over 1,000 followers on investor platforms since 2023, focusing on markets and stocks [1] - He is set to launch a new book titled "Financial Markets: Growing A Dividend Income Portfolio" in 2025, which aligns with his ongoing article series on the same topic [1] - Albert Anthony has a background in management and information systems, having worked in the IT department of a top-10 financial firm [1] Company Overview - Albert Anthony & Co. is a sole proprietorship registered in Austin, Texas, and is wholly owned by Albert Anthony [1] - The company does not provide personalized financial advisory services but offers general market commentary based on publicly available data [1] Investment Focus - Albert Anthony has launched the Future Investor Fund, which aims to build a dividend portfolio [1] - The company emphasizes the importance of due diligence for investors, indicating that all investments carry risk [1]
TEGNA Names John Treviño President and General Manager at WKYC in Cleveland
Globenewswire· 2025-03-10 19:15
Core Insights - TEGNA Inc. has appointed John Treviño as president and general manager of WKYC, the NBC affiliate in Cleveland, effective March 24, 2025 [1][8] - Treviño brings over 30 years of experience in the local broadcast industry, having previously led KBMT-KJAC through significant growth [2][3] - His leadership is expected to enhance WKYC's operations, audience engagement, and innovation in a changing media landscape [2][3] Company Overview - TEGNA Inc. operates 64 television stations across 51 U.S. markets, reaching over 100 million people monthly through various platforms [6] - The company focuses on providing trusted local news and services, aiming to build a sustainable future for local news [6] Leadership Background - Treviño's prior role was as president and general manager of KBMT-KJAC, where he achieved transformational growth, increased revenue, and expanded digital platforms [2][3] - He has also held leadership positions at KDAF and NBCUniversal Local, contributing to successful content initiatives and community partnerships [3][4] Community Engagement - Treviño has been actively involved in various organizations in Texas, including the Texas Association of Broadcasters and the Greater Dallas Hispanic Chamber of Commerce [4] - His commitment to community service is expected to continue in Cleveland, enhancing WKYC's local connections [2][4]
TEGNA Q4 Earnings Surpass Estimates, Revenues Increase Y/Y
ZACKS· 2025-02-28 17:25
TEGNA’s (TGNA) fourth-quarter 2024 non-GAAP earnings of $1.21 per share beat the Zacks Consensus Estimate by 5.22% and increased 181.4% on a year-over-year basis.Find the latest EPS estimates and surprises on Zacks Earnings Calendar.TGNA’s earnings beat the Zacks Consensus Estimate in each of the trailing four quarters, the average surprise being 6.29%.Revenues increased 19.9% year over year to $870.5 million, missing the Zacks Consensus Estimate by 0.09%. The revenues were within the company’s guidance of ...
TEGNA(TGNA) - 2024 Q4 - Annual Report
2025-02-27 21:18
Revenue Generation - The company generated revenues of $3.1 billion in 2024, with primary sources including subscription revenues, advertising & marketing services, political advertising, and other services[12] - Subscription revenue is derived from retransmission agreements with multichannel video programming distributors, calculated based on the number of subscribers and negotiated fees per subscriber[13] - Political advertising is a strong revenue stream, particularly in even years, with the company well-positioned to capitalize on this due to its station footprint and reach[18] - The company has over 12,600 local, regional, and national advertisers utilizing its TV and digital products to connect with consumers[23] - Digital media is projected to account for 49% of local advertising spend in 2024, indicating a significant shift in advertiser dollars towards digital platforms[29] Audience Reach and Engagement - The company serves over 100 million people monthly through various platforms, including over-the-air, cable, satellite, and streaming apps[20] - TEGNA currently owns two full-power television stations in twelve markets, with only one market (Jacksonville, FL) having both stations affiliated with a Big 4 network[32] - As of January 2025, TEGNA's 64 television stations reach approximately 29.0% of U.S. television households when applying the UHF discount and approximately 39% without it[36] - The company operates multiple television stations across various states, with a total of approximately 30 million TV households served as of January 2025[60] - The company’s television stations are affiliated with major networks such as NBC, CBS, and FOX, ensuring a broad reach and diverse content offerings[60] Strategic Initiatives - The company aims to maximize its linear TV business while modernizing news production through investments in AI and automation[26] - The company is reforming its local sales approach by integrating linear and digital advertising solutions to enhance value for advertisers[26] - TEGNA's strategy includes a commitment to local journalism, maximizing linear TV business, and integrating sales across platforms to enhance advertiser value[26] - TEGNA sees potential in mergers and acquisitions to expand news and services, supported by its liquidity and financial condition[26] - The company is focused on expanding its market presence through strategic agreements and maintaining a competitive edge in the media landscape[60] Employee Development and Corporate Culture - TEGNA employs approximately 5,900 full-time and part-time employees, with about 10% represented by labor unions[43] - In 2024, TEGNA held five manager training sessions covering approximately 125 managers, focusing on leadership skills and effective team management[44] - TEGNA launched a new sales training resource in 2024, providing access to training modules for 785 sellers across 54 locations[45] - TEGNA's Producer-in-Residence program has promoted or is on track to promote 80% of 230 graduates to regular producer positions within two years[9] - TEGNA's Summer Intern program has improved the intern-to-employee conversion rate, providing meaningful work assignments and career development opportunities[9] Community Engagement and Social Responsibility - The TEGNA Foundation distributed grants totaling $1.85 million in 2024, with 59% supporting Good Health and Well-Being initiatives[55] - TEGNA's stations received ten 2024 National Edward R. Murrow Awards for excellence in broadcast journalism, more than any other station group[57] - TEGNA's Inclusive Journalism program has been supported by The Poynter Institute and Horowitz Research, with audits helping newsrooms produce more contextually relevant stories[52] - In 2024, TEGNA provided 12 therapy sessions annually for employees and their family members through Spring Health[9] - TEGNA's virtual telehealth service provides employees with 24/7 access to U.S. board-certified doctors, covering up to nine visits per family annually[9] Regulatory Environment and Compliance - The FCC's December 2023 order tightened the Top Four Restriction, impacting network affiliation transactions and requiring FCC approval for certain combinations[33] - The FCC's ongoing review of national ownership caps and UHF discounts could affect TEGNA's market reach and competitive positioning[36] - The company is subject to various federal environmental regulations, ensuring compliance without materially adverse effects on financial statements[40] - The company emphasizes compliance with SEC regulations by providing timely access to financial reports and disclosures on its investor website[66] - The company is actively involved in the regulatory environment, with ongoing reviews and potential changes that could affect business performance[30] Financial Risks and Forward-Looking Statements - TEGNA's forward-looking statements include expectations regarding future financial performance, capital allocation, and strategic acquisitions[67] - Risks include changes in market conditions, regulatory compliance, and potential liabilities from acquisitions[68] - The company acknowledges uncertainties in achieving projected revenues and cash flows[69] - TEGNA's capital allocation plan may not enhance long-term stockholder value[68] - The impact of extreme weather and climate events on operations is a significant concern[68]