TEGNA

TEGNA Stations Receive Ten National 2023 Edward R. Murrow Awards

Retrieved on: 
Thursday, August 17, 2023

TEGNA Inc. (NYSE: TGNA) today announced its stations have received ten 2023 National Edward R. Murrow Awards for excellence in broadcast journalism, more than any other station group.

Key Points: 
  • TEGNA Inc. (NYSE: TGNA) today announced its stations have received ten 2023 National Edward R. Murrow Awards for excellence in broadcast journalism, more than any other station group.
  • The Edward R. Murrow Awards are sponsored by the Radio Television Digital News Association (RTDNA) and honor outstanding achievements in broadcast and digital journalism.
  • “Congratulations to all our stations that were recognized for their work.”
    The prestigious Murrow Awards “recognize local and national news stories that uphold the RTDNA Code of Ethics, demonstrate technical expertise and exemplify the importance and impact of journalism as a service to the community.”
    TEGNA stations’ National Edward R. Murrow Award recipients are:
    WFAA (Dallas, TX): Overall Excellence, Large Market Television.
  • For 2023, TEGNA stations were also honored with 84 Regional Edward R. Murrow Awards .

TEGNA Inc. Reports Second Quarter 2023 Results and Provides Third Quarter Guidance

Retrieved on: 
Thursday, August 3, 2023

TEGNA Inc. (NYSE: TGNA) today announced financial results for the second quarter ended June 30, 2023.

Key Points: 
  • TEGNA Inc. (NYSE: TGNA) today announced financial results for the second quarter ended June 30, 2023.
  • Overall, advertising trends in the second quarter showed sequential improvement compared to the first quarter.
  • Second quarter Adjusted EBITDA was down 15 percent compared to the second quarter of 2021 reflecting macroeconomic headwinds and higher programming expenses.
  • 1 In analyzing second quarter 2023 results, investors should be reminded that TEGNA’s odd-to-even year results are negatively impacted by the absence of even-year political revenues.

TEGNA Appoints Valerie Guyton President and General Manager at KWES, KIDY and KXVA in West Texas

Retrieved on: 
Thursday, July 6, 2023

TEGNA Inc. (NYSE: TGNA) today announced that Valerie Guyton has been appointed president and general manager at KWES, the NBC affiliate in Midland-Odessa, and KIDY and KXVA, the Fox affiliates serving Abilene and San Angelo, effective July 31, 2023.

Key Points: 
  • TEGNA Inc. (NYSE: TGNA) today announced that Valerie Guyton has been appointed president and general manager at KWES, the NBC affiliate in Midland-Odessa, and KIDY and KXVA, the Fox affiliates serving Abilene and San Angelo, effective July 31, 2023.
  • View the full release here: https://www.businesswire.com/news/home/20230706575396/en/
    TEGNA names Valerie Guyton president and general manager at KWES-TV, KIDY-TV and KXVA-TV in West Texas.
  • Previously, Guyton was executive producer at TEGNA stations WXIA/11Alive in Atlanta and assistant news director at KENS 5 in San Antonio.
  • “Valerie is a dynamic leader with an impressive background in local and national news,” said Kristie Gonzales, vice president, media operations, TEGNA.

TripleLift Announces New Audience Targeting Solution Powered By First Party Data

Retrieved on: 
Thursday, June 15, 2023

NEW YORK, June 15, 2023 /PRNewswire/ -- TripleLift, the ad tech platform elevating digital advertising across every screen, today announced the release of a new targeting solution effective in cookie-constrained environments for both publishers and advertisers. Early testing shows that this first-party data approach exceeds industry benchmarks and is both a current complement and eventual replacement for traditional third-party cookie uses.

Key Points: 
  • TripleLift's solution, called TripleLift Audiences, replaces third-party cookies with first-party data.
  • Since the beginning of 2023, TripleLift has been testing the effectiveness of publisher first party data addressability.
  • TripleLift Audiences is unique in that it delivers a scaled solution to advertisers while giving publishers choice and control in how their data is used.
  • The TripleLift solution addresses audiences by publisher, allowing buyers to reach previously unavailable audiences across cookies-less browsers while ensuring the publisher maintains control over their own data.

TripleLift Announces New Audience Targeting Solution Powered By First Party Data

Retrieved on: 
Thursday, June 15, 2023

NEW YORK, June 15, 2023 /PRNewswire/ -- TripleLift, the ad tech platform elevating digital advertising across every screen, today announced the release of a new targeting solution effective in cookie-constrained environments for both publishers and advertisers. Early testing shows that this first-party data approach exceeds industry benchmarks and is both a current complement and eventual replacement for traditional third-party cookie uses.

Key Points: 
  • TripleLift's solution, called TripleLift Audiences, replaces third-party cookies with first-party data.
  • Since the beginning of 2023, TripleLift has been testing the effectiveness of publisher first party data addressability.
  • TripleLift Audiences is unique in that it delivers a scaled solution to advertisers while giving publishers choice and control in how their data is used.
  • The TripleLift solution addresses audiences by publisher, allowing buyers to reach previously unavailable audiences across cookies-less browsers while ensuring the publisher maintains control over their own data.

Madhive, a Leading CTV Advertising Software Platform, Announces a $300 Million Investment from Goldman Sachs Asset Management

Retrieved on: 
Tuesday, June 13, 2023

Madhive , a leading advertising software platform engineered for modern TV advertising, announced today that it has signed a definitive agreement with the Private Equity business within Goldman Sachs Asset Management (“Goldman Sachs”) for a $300 million investment in the company.

Key Points: 
  • Madhive , a leading advertising software platform engineered for modern TV advertising, announced today that it has signed a definitive agreement with the Private Equity business within Goldman Sachs Asset Management (“Goldman Sachs”) for a $300 million investment in the company.
  • Goldman Sachs’ significant equity investment comes as Madhive’s connected TV (“CTV”) advertising software platform is leading the TV industry’s expansion from linear TV advertising into streaming, primarily through its large local broadcaster clients including FOX, Scripps, and TEGNA, among others.
  • Madhive was founded in 2016 with the original mission of transforming the $360 billion digital TV advertising industry.
  • Weil, Gotshal & Manges is serving as legal counsel to Goldman Sachs.

Global Over The Top (OTT) Market Report 2023: Players Include Netflix, The Walt Disney Company, Apple and Amazon - ResearchAndMarkets.com

Retrieved on: 
Tuesday, June 13, 2023

The "Global Over The Top (OTT) Market Overview, 2023-28" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Global Over The Top (OTT) Market Overview, 2023-28" report has been added to ResearchAndMarkets.com's offering.
  • According to the research report, Global Over The Top (OTT) Market Overview, 2023-28 the market is projected to reach the market size of USD 490.13 by 2028, increasing from USD 210.13 Billion in 2022.
  • Increasing adoption of OTT can be attributed to the narrow genre choices, flexibility, wider device availability, internet penetration, and overall lower costs.
  • However, the high cost of OTT subscription is a major factor hindering the growth of the market.

TEGNA Inc. Enters Into $300 Million Accelerated Share Repurchase Agreement

Retrieved on: 
Friday, June 2, 2023

TEGNA Inc. (NYSE: TGNA) today announced that it has entered into an accelerated share repurchase agreement (“ASR”) with JPMorgan Chase Bank, National Association (“JPMorgan”).

Key Points: 
  • TEGNA Inc. (NYSE: TGNA) today announced that it has entered into an accelerated share repurchase agreement (“ASR”) with JPMorgan Chase Bank, National Association (“JPMorgan”).
  • Under the terms of the ASR, TEGNA will repurchase $300 million in TEGNA common shares from JPMorgan, with an initial delivery of approximately 15.2 million shares on June 6, 2023.
  • As previously disclosed, Standard General has transferred 8,640,452 TEGNA shares to TEGNA to satisfy the $136,343,726 (equal to the termination fee plus interest accrued since termination of merger agreement) due to TEGNA under the terms of the merger agreement.
  • Receipt of the shares from Standard General will not reduce the $300 million ASR detailed above.

TEGNA Named One of the Most Community-Minded Companies in the U.S. by The Civic 50 for Fourth Consecutive Year

Retrieved on: 
Wednesday, May 24, 2023

TEGNA Inc. (NYSE: TGNA) today announced it has been named a 2023 honoree of The Civic 50 by Points of Light and the Telecommunications Sector Leader.

Key Points: 
  • TEGNA Inc. (NYSE: TGNA) today announced it has been named a 2023 honoree of The Civic 50 by Points of Light and the Telecommunications Sector Leader.
  • The Civic 50 honors the most community-minded companies in the United States.
  • 2023 marks TEGNA’s fourth consecutive year on the list, and the third year as Telecommunications Sector Leader.
  • A summary of 2023 TEGNA Foundation Community Grants to date is available here .

Teton Merger Corp. Announces the Termination of Its Tender Offers and Consent Solicitations for Senior Notes of TEGNA Inc.

Retrieved on: 
Tuesday, May 23, 2023

As a result of the termination of the Tender Offer and the Consent Solicitation, no Notes will be purchased and all Notes validly tendered (and not validly withdrawn) will be promptly returned to tendering holders.

Key Points: 
  • As a result of the termination of the Tender Offer and the Consent Solicitation, no Notes will be purchased and all Notes validly tendered (and not validly withdrawn) will be promptly returned to tendering holders.
  • No consideration will be paid in the Tender Offer and the Consent Solicitation for any of the tendered Notes.
  • This press release constitutes a formal termination of the Tender Offer and the Consent Solicitation, which was made pursuant to the terms and conditions set forth in the Offer to Purchase.
  • BofA Securities, Inc., Goldman Sachs & Co. LLC and RBC Capital Markets, LLC acted as Dealer Managers and Solicitation Agents for the Tender Offer and the Consent Solicitation.