TEGNA Inc. Market Research Report

Company Overview

• Name: TEGNA Inc.

• Mission of the Company: TEGNA’s mission is to serve the greater good of our communities through empowering stories, impactful investigations, and innovative marketing services.

• Founded By: No information is available.

• Founded On: No information is available.

• Key People in the Company:

• Mike Steib, President and Chief Executive Officer

• Lynn Beall, Executive Vice President and COO of Media Operations

• Julie Heskett, Senior Vice President and Chief Financial Officer

• Anne Bentley, Vice President and Chief Communications Officer

• Howard D. Elias, Chairman, TEGNA Inc.

• Headquarters: 8350 Broad Street, Suite 2000, Tysons, VA 22102

• Number of Employees: No information is available.

• Revenue: No information is available.

• Known For: TEGNA is known for producing trustworthy, impactful and innovative news content. The company is the largest owner of top 4 network affiliates in the top 25 markets among independent station groups, reaching about 39% of all television households in the United States. It also offers leading marketing solutions and owns leading multicast networks True Crime Network, Twist, and Quest.

Products

• News Content: TEGNA provides innovative news content across multiple platforms, holding a strong presence with 64 news brands in 51 markets.

• Marketing Solutions: TEGNA offers comprehensive marketing solutions with cutting-edge attribution measurement, multiplatform amplification, and data-driven technology to help businesses grow.

• Streaming Services: Each TEGNA station has its own YouTube channel and free Roku and Amazon Fire TV apps, which offer live and on-demand news, weather, and sports.

• Ethical Journalism Initiative: VERIFY is a platform launched by TEGNA to combat misinformation and disinformation by helping audiences distinguish between true and false information.

• Premion: TEGNA’s OTT advertising service helping businesses reach consumers across television and digital platforms.

Recent Developments

• Awards and Recognition:

• In 2024, TEGNA stations received ten National Edward R. Murrow Awards for excellence in broadcast journalism.

• TEGNA was named one of the most community-minded companies in the U.S. by The Civic 50 for the fifth consecutive year in 2024.

• "BURNED" by KUSA in Denver was alongside KVUE in Austin, Texas, recipients of the Alfred I. duPont-Columbia University Awards in 2024.

• WWL station in New Orleans won the News Emmy® Award for a regional investigative report in 2023.

• Partnerships:

• TEGNA and the Dallas Mavericks expanded broadcast distribution in eight additional markets for the upcoming season as of October 17, 2024.

• On September 26, 2024, Altitude Sports partnered with TEGNA stations for comprehensive broadcast solutions involving Nuggets and Avalanche games.

• Management Announcements:

• Lynn Beall, Chief Operating Officer, announced a mid-2025 departure from TEGNA.

• Ellen Crooke, Senior Vice President of News, announced forthcoming retirement on September 10, 2024.

• Community Initiatives:

• TEGNA Foundation announced awarding community grants in various markets, focusing on UN Sustainable Development Goals such as good health, well-being, and quality education.

Conclusion

This report detailed the core aspects of TEGNA Inc., a leading media company with a strong commitment to ethical journalism, impactful reporting, and innovation in broadcasting and marketing. Through numerous awards and strategic partnerships, TEGNA continues to solidify its position in the media landscape while contributing actively to community welfare and tackling misinformation.