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TEGNA Inc. was a local news and technology company whose updates centered on local television newsrooms, digital video products, mobile apps, weather coverage, and broadcast events across its markets. Company news also covered operating results, governance and capital-structure matters, material agreements, and shareholder voting topics.
In 2026, Nexstar Media Group completed its acquisition of TEGNA, leading to removal of TEGNA common stock from the New York Stock Exchange and deletion from the S&P SmallCap 600. The completed transaction changed TGNA from a standalone listed issuer into a wholly owned subsidiary of Nexstar Media Group.
KARE 11 has appointed Reggie Wilson as the new Sports Director, effective September 20, 2021. Wilson, an award-winning sports anchor, has previously worked in Ohio, Missouri, and Kansas, leading the Cincinnati sports talk show Sports of All Sorts. He will join KARE 11's team to anchor weekday broadcasts at 6 PM and 10 PM and report from the field. KARE 11 President Bill Dallman expressed confidence in Wilson's capabilities, highlighting his journalistic skills in covering teams in the Twin Cities and Western Wisconsin. Wilson is eager to engage with the local community.
TEGNA reported second quarter 2021 results with total revenue reaching $733 million, a 27% increase year-over-year, driven by record subscription and advertising revenue. Subscription revenue was $375 million, up 16%, while AMS revenue soared 49% to $341 million. The company achieved net income of $107 million and record Adjusted EBITDA of $228 million. TEGNA raised its two-year free cash flow guidance and expects strong performance in upcoming quarters, despite challenges in the auto advertising sector due to supply chain issues.
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TEGNA Inc. (NYSE: TGNA) has appointed Lisa Columbia as the new president and general manager of WHAS11, effective immediately. Columbia has a long history with WHAS11, having joined the station in 2012 as local sales manager and later promoted to director of sales in 2017. She is recognized for her strong leadership in sales, aimed at boosting revenue and market share. Columbia is a Kentucky native and a graduate of the University of Kentucky. The announcement highlights Columbia's achievements and community involvement, projecting a positive outlook for WHAS11 under her leadership.
TEGNA Inc. (NYSE: TGNA) has expanded its Locked On sports podcast network, now featuring 20 shows available on YouTube and TEGNA's OTT apps in select markets. Since its YouTube debut in May 2021, Locked On has amassed over 160,000 hours of watch time and 1 million views. Key upcoming initiatives include a Locked On NBA Draft special on July 29, co-produced with WFAA, and the launch of Locked On HBCU, a podcast focused on HBCU sports debuting August 2. The network aims to elevate diverse voices in coverage and capitalize on its growing audience.
TEGNA Inc. (NYSE: TGNA) has declared a dividend of 9.5 cents per share, set for payment on October 1, 2021, to shareholders recorded by September 3, 2021. This marks a 36% increase from its previous dividend, reflecting the company's strong financial performance and growth outlook as highlighted by CEO Dave Lougee. TEGNA operates 64 television stations and reaches approximately 39% of U.S. television households, focusing on delivering innovative media solutions and community-centered storytelling.
On July 8, 2021, six Sacramento television stations launched NEXTGEN TV, enhancing the viewing experience with advanced audio and video technology. The service offers stunning 4K HDR video, Dolby's Voice + for superior sound clarity, and interactive features that improve content personalization. Sacramento is the first city in Northern California to offer this service, joining nearly 40 other U.S. cities. Viewers can access the service via select LG, Samsung, and Sony TV models, with no impact on household internet bandwidth. Current programming remains available for all viewers.
TEGNA Inc. (NYSE: TGNA) will host a conference call to discuss its Q2 2021 earnings results on August 9, 2021, at 9:00 a.m. (ET). The earnings announcement will be released before the market opens on the same day. Investors and the public can participate via toll-free call or live webcast through the Investor Relations section on TEGNA’s website. A replay will be available post-call until August 23, 2021. TEGNA operates 64 television stations, reaching about 39% of U.S. TV households, and offers marketing solutions across various platforms.
On July 7, 2021, five Charlotte, NC television stations launched NEXTGEN TV, a new broadcasting technology designed to enhance viewing experiences with 4K video, Dolby audio, and personalized content. The participating stations include WAXN-TV, WSOC-TV, WJZY-TV, WBTV-TV, and WCNC-TV. NEXTGEN TV aims to revolutionize how viewers interact with content by combining traditional over-the-air broadcasts with internet capabilities, making live sports and news more accessible. Viewers can rescan their TVs to access the service, which is available in nearly 40 cities nationwide.
TEGNA Inc. (NYSE: TGNA) announced the appointment of Christy Moreno as president and general manager of KING 5, the NBC affiliate in Seattle, effective August 2, 2021. Moreno previously held the same positions at WHAS11 in Louisville, where she launched successful initiatives and raised over $5 million for children's charities. Her track record includes leading award-winning newsrooms and promoting innovation. TEGNA operates 64 television stations, reaching 39% of U.S. TV households and offering innovative marketing solutions.