Tegna Inc Stock Price, News & Analysis

TEGNA (NYSE: TGNA) has appointed John Treviño as president and general manager at WKYC, NBC's Cleveland affiliate, effective March 24. Treviño will oversee station operations and lead advertising initiatives as director of sales.

Treviño joins WKYC from KBMT-KJAC, where he served as president and general manager, achieving significant growth in broadcast share and streaming revenue. Under his leadership, the station ranked #1 in key newscasts and received a Regional Edward R. Murrow Award for Breaking News.

With over 30 years of industry experience, Treviño previously served as vice president and general manager at KDAF in Dallas-Fort Worth, where he launched Morning After, a live multi-platform daily news magazine. He also spent 11 years with NBCUniversal Local in leadership roles at KXTX-Telemundo39 and KXAS-NBC5.

TEGNA Inc. (TGNA) reported strong Q4 and full-year 2024 results, with Q4 total revenue increasing 20% to $871 million, driven by political advertising. Q4 highlights include:

- Political advertising revenue of $187 million
- Subscription revenue up 5% to $357 million
- AMS revenue down 11% to $314 million
- GAAP earnings per share of $1.11

Full-year 2024 performance showed:
- Total revenue up 7% to $3.1 billion
- Political advertising revenue of $373 million
- Subscription revenue decreased 5% to $1.46 billion
- GAAP earnings per share of $3.53

The company returned $356 million to shareholders in 2024 through share repurchases ($275M) and dividends ($81M). TEGNA also announced new distribution agreements with FuboTV and WNBA's Dallas Wings.

TEGNA (NYSE: TGNA) has announced its 2025 Annual Meeting of Shareholders will be held virtually on Wednesday, May 21 at 9 a.m. (ET). Shareholders who own stock as of the close of business on March 24, 2025, will be eligible to vote and receive meeting notifications. The meeting will be conducted via live webcast, with registration details to be provided later on the company's investor relations website at investors.tegna.com.

TEGNA (NYSE: TGNA) has appointed news veteran Adrienne Roark as chief content officer, effective March 31, reporting to CEO Mike Steib. Roark brings over three decades of experience in news leadership and local TV station management. She joins from CBS News and Stations, where she managed CBS-owned stations in New York and Boston, launched weather network coverage, and led the data journalism team.

Prior to CBS, Roark held various leadership positions including general manager roles at Portland stations and vice president positions in Dallas-Fort Worth. She also served in news leadership roles across multiple markets including Miami, Orlando, New Orleans, and at TEGNA stations in Cleveland and Columbus.

TEGNA (NYSE: TGNA) has expanded Tom Cox's role as Chief Growth Officer to include oversight of the company's distribution efforts. Cox will now manage TEGNA's station affiliation partnerships with major networks (NBC, CBS, ABC, and Fox) and multichannel distribution of local news, network content, and live sports.

Cox, who joined TEGNA in 2011, will maintain his existing responsibilities directing M&A, business development, and overseeing Premion's connected TV advertising business. During his tenure, he has completed over fifty transactions totaling nearly $10 billion, significantly expanding TEGNA's portfolio of local stations.

CEO Mike Steib praised Cox's 20 years of cross-functional media experience as important for strengthening the media ecosystem and supporting local news communities. Cox expressed commitment to serving TEGNA's 100 million monthly users through enhanced distribution partnerships.

TEGNA's KFAA and the Dallas Wings have announced an exclusive local broadcast rights agreement. Starting in 2025, all Wings games not designated for national television will be available for free over-the-air in the Dallas-Fort Worth area on KFAA (Ch. 29), with select games potentially airing on WFAA (Ch. 8). KFAA and TEGNA will manage local and regional advertising and sponsorship sales for all local games.

This partnership follows several significant developments for the Dallas Wings, including plans to relocate to downtown Dallas, play in a renovated Dallas Memorial Auditorium, and build a new practice facility. The team has also restructured its Front Office and secured the No. 1 pick in the 2025 WNBA Draft. KFAA (Ch. 29) games will be accessible through various providers including cable, satellite, streaming services, or HD antenna.

TEGNA (NYSE: TGNA) has announced that its Board of Directors has declared a regular quarterly dividend of $0.125 per share. The dividend will be paid on April 1, 2025, to stockholders who are recorded as owners at the close of business on March 7, 2025.

TEGNA Inc. (NYSE: TGNA) has announced it will host its fourth quarter and full-year 2024 earnings conference call on Thursday, February 27, 2025, at 9 a.m. ET. The conference call will be accessible via webcast through the company's website and is open to investors, financial community, media, and the public.

Participants joining by phone must register through investors.TEGNA.com at least 10 minutes before the scheduled start time to receive dial-in numbers and a unique PIN. The earnings announcement will be released before market opens on February 27, with related materials available through the Investor Relations section of TEGNA's website. The webcast will be archived for future access.

TEGNA Inc. (NYSE: TGNA) has appointed Scott Dempsey as president and general manager of WLTX, its CBS affiliate in Columbia, South Carolina. Dempsey brings significant experience from his 2015-2022 role as vice president and general manager at WBTV in Charlotte, where he led the station to achieve top market position for the first time in 35 years.

During his career, Dempsey served as a regional vice president for Raycom Media, overseeing multiple stations across the Southeast. His background includes sales positions at ABC National Sales, WABC-TV, and WFTS-TV, as well as entrepreneurial experience as CEO of a Florida-based home building business.

In his new role at WLTX, Dempsey will be responsible for managing station operations across all platforms and driving advertiser results. The appointment is effective immediately.