TEGNA

Standard General to Challenge Media Bureau’s Unprecedented Attempt to Scuttle the Proposed Transaction with TEGNA; Calls on FCC to Bring the Transaction to a Vote by the Full Commission

Retrieved on: 
Monday, February 27, 2023

Standard General is calling on the Federal Communications Commission (FCC) to formally vote now on the proposed transaction and render a decision on the merits.

Key Points: 
  • Standard General is calling on the Federal Communications Commission (FCC) to formally vote now on the proposed transaction and render a decision on the merits.
  • Commenting on the situation, Standard General’s Managing Partner Soo Kim said, “A decision delayed is a decision denied.
  • Our proposed transaction is consistent with all FCC regulations and precedent.
  • It is bolstered by a voluntary commitment to invest in local news, preserve newsroom jobs, and address purported concerns related to consumer pricing.

TEGNA Announces Quarterly Dividend

Retrieved on: 
Wednesday, February 22, 2023

TEGNA Inc.’s (NYSE: TGNA) Board of Directors declared a regular quarterly dividend of 9.5 cents per share, payable on April 3, 2023, to stockholders of record as of the close of business on March 10, 2023.

Key Points: 

TEGNA Inc.’s (NYSE: TGNA) Board of Directors declared a regular quarterly dividend of 9.5 cents per share, payable on April 3, 2023, to stockholders of record as of the close of business on March 10, 2023.

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

Retrieved on: 
Tuesday, February 21, 2023

(2) Payable only to holders who validly tender (and do not validly withdraw) Notes prior to the Early Tender Date.

Key Points: 
  • (2) Payable only to holders who validly tender (and do not validly withdraw) Notes prior to the Early Tender Date.
  • Holders whose Notes are accepted in the Tender Offer will also be paid accrued and unpaid interest, if any, on the Notes to, but not including, the applicable settlement date.
  • Holders may not tender their Notes in any Tender Offer without delivering their consents under the related Consent Solicitation, and holders may not deliver their consents under any Consent Solicitation without tendering their Notes pursuant to the related Tender Offer.
  • The Company reserves the right, at its sole discretion, to waive any and all conditions to the Tender Offer.

TEGNA Stations KARE and WXIA Win Prestigious 2023 Alfred I. duPont-Columbia University Awards

Retrieved on: 
Tuesday, February 7, 2023

TEGNA Inc. (NYSE: TGNA) today announced that KARE (Minneapolis, Minn.) and WXIA (Atlanta, Ga.) received 2023 Alfred I. duPont-Columbia University Awards which honor excellence in broadcast, online and documentary journalism.

Key Points: 
  • TEGNA Inc. (NYSE: TGNA) today announced that KARE (Minneapolis, Minn.) and WXIA (Atlanta, Ga.) received 2023 Alfred I. duPont-Columbia University Awards which honor excellence in broadcast, online and documentary journalism.
  • KARE won for “KARE 11 Investigates – The Gap: Failure to Treat, Failure to Protect,” which exposed systemic and often fatal failures to treat people with mental illness and protect the public.
  • WXIA was honored for “The Reveal: #Keeping,” an investigative series on the disturbing flaw in Georgia’s social safety net.
  • “Congratulations to the teams at KARE and WXIA for these well-earned honors.”
    In KARE 11 Investigates – The Gap: Failure to Treat, Failure to Protect , a year-long series and primetime special, reporters A.J.

TEGNA and KARE Congratulate Boyd Huppert on Receiving a Lifetime Achievement Award from the Radio Television Digital News Foundation

Retrieved on: 
Thursday, January 12, 2023

TEGNA Inc. (NYSE: TGNA) and KARE 11 today congratulate Boyd Huppert on his Lifetime Achievement Award from the Radio Television Digital News Foundation (RTDNF) as part of their 2023 First Amendment Awards.

Key Points: 
  • TEGNA Inc. (NYSE: TGNA) and KARE 11 today congratulate Boyd Huppert on his Lifetime Achievement Award from the Radio Television Digital News Foundation (RTDNF) as part of their 2023 First Amendment Awards.
  • View the full release here: https://www.businesswire.com/news/home/20230112005588/en/
    KARE 11's Boyd Huppert receives 2023 Lifetime Achievement Award from the Radio Television Digital News Foundation (RTDNF).
  • (Photo: Business Wire)
    This award is the latest honor for Huppert in a nearly four-decade career in television news.
  • Huppert and the other 2023 First Amendment Awards honorees will be recognized during a ceremony on March 2 in Washington, DC.

Standard General Issues Statement on Acquisition of TEGNA Inc.

Retrieved on: 
Friday, December 16, 2022

Standard General L.P. today issued the following statement regarding its pending acquisition of TEGNA Inc. (NYSE: TGNA):

Key Points: 
  • Standard General L.P. today issued the following statement regarding its pending acquisition of TEGNA Inc. (NYSE: TGNA):
    “Our proposed acquisition of TEGNA has been the subject of regulatory review that continues into the phase where the purchase price is increasing every day.
  • This commitment further demonstrates the public interest benefits of the transaction.
  • We continue to be excited about the bright future we see for TEGNA under our leadership.
  • Standard General is a minority-controlled and operated organization.

SIX NEW ORLEANS TELEVISION STATIONS LAUNCH NEXTGEN TV BROADCASTS

Retrieved on: 
Thursday, December 15, 2022

NEW ORLEANS, Dec. 15, 2022 /PRNewswire/ -- New Orleans television viewers can now experience the future of broadcast television as six local TV stations join to launch NEXTGEN TV. Delivering more expansive audio and video options, as well as other innovative capabilities, NEXTGEN TV brings an enhanced live broadcast viewing experience to more than 660,000 households, according to Nielsen media data, in the metro and outlying areas of New Orleans.

Key Points: 
  • NEXTGEN TV Delivers Enhanced Broadcast Video and Audio Features, Future Interactive Applications and Upgradable Technology
    NEW ORLEANS, Dec. 15, 2022 /PRNewswire/ --New Orleans television viewers can now experience the future of broadcast television as six local TV stations join to launch NEXTGEN TV.
  • NEXTGEN TV is the first major overhaul to the Advanced Television Systems Committee's standard for receiving over-the-air (OTA) signals in 25 years.
  • Now broadcasting in more than 50 markets, NEXTGEN TV is expected to reach 60% of U.S. television households by the end of 2022.
  • New Orleans viewers can learn more about NEXTGEN TV by visiting www.WatchNextGenTV.com , which offers a guide to cities carrying the service, as well as links to available NEXTGEN TV models.

Standard General Acquisition of TEGNA Receives Approval from Team Telecom

Retrieved on: 
Friday, November 18, 2022

Standard General has a proven track record of increasing investment in local journalism and bringing new ideas and perspectives to local broadcasting.

Key Points: 
  • Standard General has a proven track record of increasing investment in local journalism and bringing new ideas and perspectives to local broadcasting.
  • The pending transaction with TEGNA is about investing in and further strengthening local stations, which brings value to our viewers and our communities, said Soo Kim, Founding Partner of Standard General.
  • Standard General and TEGNA continue to work collaboratively with regulatory staff in their review of the proposed transaction.
  • Standard General was founded in 2007 and manages capital for public and private pension funds, endowments, foundations, and high-net-worth individuals.

Standard Media CEO, Deb McDermott, Recognized as a Giant of Broadcasting by LABF

Retrieved on: 
Thursday, November 17, 2022

Standard Media Group LLC ("Standard Media"), an affiliate of Standard General L.P. (together with its affiliates, "Standard General"), today announced that its Chief Executive Officer, Deb McDermott, was recognized at the 19th Annual Giants of Broadcasting & Electronic Arts Award.

Key Points: 
  • Standard Media Group LLC ("Standard Media"), an affiliate of Standard General L.P. (together with its affiliates, "Standard General"), today announced that its Chief Executive Officer, Deb McDermott, was recognized at the 19th Annual Giants of Broadcasting & Electronic Arts Award.
  • We are thrilled to celebrate Deb as one of the most prominent and influential leaders in broadcasting, said Joyce M. Tudryn, Chair, Giants of Broadcasting & Electronic Arts Luncheon.
  • Paducah Television Operations LLC dba Standard Media Group is an innovative and diverse media company committed to serving local communities.
  • Standard Media Group is a wholly owned subsidiary of Standard General L.P.
    View source version on businesswire.com: https://www.businesswire.com/news/home/20221116006089/en/

ViewLift Rolls out Live 3.0 for Seamless Streaming

Retrieved on: 
Wednesday, November 16, 2022

ViewLift , a global leader in end-to-end streaming and OTT solutions, today announced the rollout of LIVE 3.0.

Key Points: 
  • ViewLift , a global leader in end-to-end streaming and OTT solutions, today announced the rollout of LIVE 3.0.
  • The new version from ViewLift allows streaming of events anywhere in the world and on any device Web, iOS, Android, Connected TV devices, or Smart TVs.
  • With the inbuilt Player SDK, Live 3.0 can stream events enabling sports and media companies to deliver high-quality live video.
  • Rick Allen, CEO at ViewLift, said, "Live streaming technology gives our clients a chance to delight their viewers and fans live in real time, with original and monetized content, and use it to scale live events globally to millions of viewers.