Tegna Inc.: Difference between revisions
I corrected an error: Tegna is still officially headquartered in McLean, Virginia. Tags: Mobile edit Mobile web edit |
|||
Line 5: | Line 5: | ||
|name = Tegna, Inc. |
|name = Tegna, Inc. |
||
|type = Public company |
|type = Public company |
||
|hq_location_city=[[ |
|hq_location_city=[[McLean, Virginia]] |
||
|founded = June 29, 2015 |
|founded = June 29, 2015 |
||
|traded_as = {{nyse|TGNA}} |
|traded_as = {{nyse|TGNA}} |
Revision as of 22:08, 4 October 2016
Company type | Public company |
---|---|
NYSE: TGNA | |
Predecessor | Gannett Company |
Founded | June 29, 2015 |
Headquarters | |
Key people | Gracia Martore (President & CEO) Marjorie Magner (chairman) Dave Lougee (President, TEGNA Media) John Williams (President, TEGNA Digital) |
Products |
|
Website | tegna |
Tegna, Inc. (stylized as TEGNA) is an American publicly traded broadcast and digital media company headquartered in McLean, Virginia. The strategy to transform the company culminated on June 29, 2015 when Tegna was formally introduced, as the Gannett Company spun off its publishing assets – which retained the "Gannett" name – in order to focus on its more profitable broadcast television and digital media divisions. Tegna owns or operates 46 television stations (which, alongside those historically owned by Tegna, includes stations that had recently been acquired by Tegna from Belo Corporation and the London Broadcasting Company), and is the largest group owner of stations affiliated with NBC and CBS, and properties in digital media.
History
On August 5, 2014, Gannett announced that it plans to split into two independent publicly traded companies, one focusing on its newspapers and publishing, which would retain the Gannett name, and one on broadcasting. Robert Dickey – who currently leads Gannett's newspaper group – would serve as CEO of the former company, leaving the remaining broadcasting and digital operations under the leadership of Gracia Martore. In a statement, she explained that the split plans were "significant next steps in our ongoing initiatives to increase shareholder value by building scale, increasing cash flow, sharpening management focus, and strengthening all of our businesses to compete effectively in today's increasingly digital landscape." Additionally, the company announced that it would buy out the remainder of Classified Ventures (a joint venture between Tegna and several other media companies) for $1.8 billion, giving it full ownership of properties such as Cars.com.[1][2]
On April 21, 2015, The company announced that the broadcasting and digital company would be named Tegna—a partial anagram of "Gannett".[3] The spin-out was structured so that Tegna is the legal successor to the "old" Gannett while the "new" Gannett is legally considered a new company. The split was completed on June 29, 2015. Tegna retains "old" Gannett's stock price history, though it trades under a new ticker symbol, TGNA. The "new" Gannett inherited old Gannett's longtime ticker symbol, GCI.[4]
Assets
TEGNA Media
As of June 2015, Tegna Media currently owns 46 television stations located in 38 markets (including seven duopolies).[5] 18 of the company's stations are affiliated with NBC (including a semi-satellite of KCEN-TV and a digital subchannel of KBMT), ten are affiliated with CBS, nine are affiliated with ABC, and three are affiliated with Fox. In addition, the company owns two CW affiliates, three MyNetworkTV affiliates and one independent station.
It also provides operational services to KTTU in Tucson through shared services agreements with Tucker Operating Co.
Television stations
Stations are listed alphabetically by state and city of license.
Notes of prior ownership or current shared services agreement:
- (**) – Indicates a station owned by Combined Communications prior to its acquisition by Gannett in 1978.
- (~~) – Indicates a station owned by Multimedia, Inc. prior to its acquisition by Gannett in 1995.
- (##) – Indicates stations involved in the Gannett Company's station trade deal with Argyle Television Holdings II in 1997.
- (¤¤) – Indicates a station owned by Belo prior to its acquisition by Gannett in 2013.
- (++) – Indicates a station owned by the London Broadcasting Company prior to its acquisition by Gannett in 2014.[6]
- (^^) – Indicates a station owned by Sander Media from 2013 to 2015 and operated by Gannett/Tegna prior to its acquisiton by Tegna, Inc. in 2015.
- (††) – KMSB is owned by Tegna; KTTU is owned by Tucker Operating Company. Tegna and Raycom Media affiliate KOLD-TV (CBS) operate these stations through shared services agreements.
- (§§) – KVUE was previously owned by Gannett from 1986 to 1999, when it was traded to Belo in exchange for KXTV.
City of license / Market | Station | Channel TV (RF) |
Owned by Gannett/Tegna Since | Primary affiliation |
---|---|---|---|---|
Flagstaff | KNAZ-TV (satellite of KPNX) |
2 (22) | 1997 | NBC |
Phoenix | KPNX ** | 12 (12) | 1979 | NBC |
Tucson | KMSB ^^ †† | 11 (25) | 2015 | Fox |
KTTU ¤¤ †† ^^ | 18 (19) | 2013 | MyNetworkTV | |
Little Rock | KTHV | 11 (12) | 1994 | CBS |
Sacramento | KXTV | 10 (10) | 1999 | ABC |
Denver | KUSA ** | 9 (9) | 1979 | NBC |
KTVD | 20 (19) | 2006 | MyNetworkTV | |
Washington, D.C. | WUSA | 9 (9) | 1986 | CBS |
Jacksonville | WJXX | 25 (10) | 2000 | ABC |
WTLV | 12 (13) | 1988 | NBC | |
Tampa – St. Petersburg | WTSP [n1 1] | 10 (10) | 1996 | CBS |
Atlanta | WXIA-TV ** | 11 (10) | 1979 | NBC |
WATL | 36 (25) | 2006 | MyNetworkTV | |
Macon | WMAZ-TV ~~ [n1 1] | 13 (13) | 1995 | CBS The CW (DT2) |
Boise | KTVB ¤¤ [n1 2] | 7 (7) | 2013 | NBC |
Twin Falls | KTFT-LD ++ (satellite of KTVB) |
7 (20) | 2013 | NBC |
Louisville | WHAS-TV ^^ | 11 (11) | 2015 | ABC |
New Orleans | WWL-TV ¤¤ | 4 (36) | 2013 | CBS |
WUPL ¤¤ | 54 (24) | 2013 | MyNetworkTV | |
Portland, ME | WCSH [n1 1] | 6 (44) | 1998 | NBC |
Bangor | WLBZ | 2 (2) | 1998 | NBC |
Grand Rapids–Kalamazoo | WZZM ## | 13 (13) | 1997 | ABC |
Minneapolis – Saint Paul | KARE | 11 (11) | 1983 | NBC |
St. Louis | KSDK ~~ | 5 (35) | 1995 | NBC |
Buffalo | WGRZ ## | 2 (33) | 1997 | NBC |
Charlotte | WCNC-TV ¤¤ | 36 (22) | 2013 | NBC |
Greensboro – Winston-Salem – High Point | WFMY-TV | 2 (51) | 1989 | CBS |
Cleveland | WKYC ~~ | 3 (17) | 1995 | NBC |
Portland, OR | KGW ^^ | 8 (8) | 2015 | NBC |
Columbia | WLTX [n1 1] | 19 (17) | 1998 | CBS |
Knoxville | WBIR-TV ~~ | 10 (10) | 1995 | NBC |
Abilene – Sweetwater | KXVA ++ | 15 (15) | 2014 | Fox |
Austin | KVUE ¤¤ §§ | 24 (33) | 2013 (previously owned from 1986 to 1999) |
ABC |
Beaumont – Port Arthur – Orange[6] | KBMT ++ | 12 (12) | 2014 | ABC NBC (DT2) |
Corpus Christi | KIII ++ | 3 (8) | 2014 | ABC |
Dallas – Fort Worth | WFAA ¤¤ | 8 (8) | 2013 | ABC |
Houston | KHOU ¤¤ | 11 (11) | 2013 | CBS |
San Angelo | KIDY ++ | 6 (19) | 2014 | Fox |
San Antonio | KENS ¤¤ | 5 (39) | 2013 | CBS |
Tyler – Longview | KYTX ++ | 19 (18) | 2014 | CBS |
Waco – Temple-Bryan | KCEN-TV ++ | 6 (9) | 2014 | NBC |
KAGS-LD ++ | 23 (23) | 2014 | NBC | |
Hampton – Norfolk – Portsmouth – Newport News | WVEC ¤¤ | 13 (13) | 2013 | ABC |
Seattle – Tacoma | KING-TV ¤¤ [n1 2] | 5 (48) | 2013 | NBC |
KONG ¤¤ [n1 2] | 16 (31) | 2013 | Independent | |
Spokane | KREM ¤¤ [n1 2] | 2 (20) | 2013 | CBS |
KSKN ¤¤ ++ [n1 2] | 22 (36) | 2013 | The CW |
Cable networks
All of these are news networks owned by Belo prior to acquisition by Tegna.
Network | Station call sign; Channel No. | Markets served | Owned by Gannett/Tegna since | Notes |
24/7 | KTVB: 7.2 / 26.2 (broadcast), 14 (cable) |
Boise, Idaho | 2013 | Spun off from Gannett as part of the company split. |
NewsWatch 15 | WWL-TV 15 | New Orleans metropolitan area, Baton Rouge, Louisiana and Acadiana region |
2013 | Jointly owned by Tegna (50%) and Cox Communications (50%). Spun off from Gannett as part of the company split. |
Northwest Cable News (NWCN) | KING-TV, KONG-TV, KGW, KREM, KSKN, KTVB
(channels vary) |
Seattle and Spokane, Washington; Portland, Oregon; and Boise, Idaho |
2013 | Spun off from Gannett as part of the company split. |
Television Shows
In 2015, Tegna Media test-ran a limited-run informative talk show hosted by Dallas-based bishop T. D. Jakes on its owned stations in Dallas, Atlanta, Minneapolis and Cleveland. The show, titled T.D. Jakes, was co-produced by Debmar-Mercury, Tegna Media, 44 Blue Productions, Jakes' own production company, TDJ Enterprises and EnLight Productions and lasted from August 17 through September 11.[7]
On December 9, Tegna greenlit the series for an entire run for the 2016–2017 broadcast season. The series will debut on September 12 on most, if not all Tegna-owned stations, as well as several large markets, including Baltimore (WMAR), Detroit (WMYD), Orlando (WFTV/WRDQ), Chicago (WCIU), San Antonio (KSAT), and San Diego (KGTV). Debmar-Mercury, however is not participating in the production run, being replaced by independent company Flow Media Partners.[8]
Tegna Digital
Gannett Company spun-off most of its internet media properties to Tegna.[9] When the total internet media division was part of the Gannett Company, it managed the websites for USA Today, as well as Gannett's newspaper and broadcast properties throughout the United States. It owns:
- CareerBuilder[10][a]
- Cars.com[10]
- Cofactor Digital
- G/O Digital[11]
- ^ Co-owned with The McClatchy Company and Tribune Media.
Former Broadcast assets
Television stations
Stations are arranged in alphabetical order by state and city of license. The list includes stations owned by Tegna, Inc. during its time as Gannett Company, Inc.
Notes:
- (**) – Indicates a station that was built and/or signed-on by Gannett.
- (§§) – Indicates a station owned by Combined Communications Corporation, prior to its acquisition by Gannett in 1979.
- (¤¤) – Indicates a station owned by Multimedia, Inc., prior to its acquisition by Gannett in 1995.
- (##) – Indicates stations involved in the Argyle II swap in 1997.
- (++) – Indicates a station owned by Belo Corporation prior to its acquisition by Gannett in 2013.
City of license / Market | Station | Channel TV (RF) |
Years owned | Current Ownership Status |
---|---|---|---|---|
Mobile, AL – Pensacola, FL | WALA-TV | 10 (9) | 1986 1 | Fox affiliate owned by Meredith Corporation |
Kingman | KMOH-TV | 6 (19) | 1997–2004 | MundoFox affiliate owned by HERO Broadcasting |
Phoenix – Mesa | KTVK ++ | 3 (24) | 2013–2014 2, 3 | Independent station owned by Meredith Corporation |
KASW ++ | 61 (49) | 2013–2014 2, 3 | The CW affiliate owned by Nexstar Broadcasting Group | |
Tucson | KOLD-TV | 13 (32) | 1986 1 | CBS affiliate owned by Raycom Media |
Little Rock | KARK-TV §§ | 4 (32) | 1979–1983 | NBC affiliate owned by Nexstar Broadcasting Group |
Sacramento – Stockton – Modesto | KOVR | 13 (25) | 1958–1959 | CBS owned-and-operated (O&O) |
Danville – Champaign – Urbana, IL | WDAN-TV ** 5 | 24 | 1953–1960 | ABC affiliate owned by Sinclair Broadcast Group (see footnote below) |
Rockford, Illinois | WREX-TV | 13 (13) | 1963–1969 | NBC affiliate owned by Quincy Media |
Fort Wayne, Indiana | WPTA §§ | 21 (24) | 1979–1983 | ABC affiliate owned by Quincy Media |
Louisville | WLKY-TV §§ | 32 (26) | 1979–1983 | CBS affiliate owned by Hearst Television |
Cambridge – Boston, MA | WLVI-TV | 56 (41) | 1983–1994 | The CW affiliate owned by Sunbeam Television |
St. Louis | KMOV ++ | 4 (24) | 2013–2014 3, 4 | CBS affiliate owned by Meredith Corporation |
Binghamton, New York | WINR-TV ** 6 | 40 (8) | 1957–1971 | Fox affiliate, WICZ-TV, owned by Northwest Broadcasting |
Rochester, New York | WHEC-TV ** 7 | 10 (10) | 1953–1979 | NBC affiliate owned by Hubbard Broadcasting |
Cincinnati | WLWT ¤¤ ## | 5 (35) | 1995–1997 | NBC affiliate owned by Hearst Television |
Oklahoma City | KOCO-TV §§ ## | 5 (7) | 1979–1997 | ABC affiliate owned by Hearst Television |
KTVY | 4 (27) | 1986 1 | NBC affiliate, KFOR-TV, owned by Tribune Broadcasting |
Other Notes:
- 1 KTVY, KOLD-TV and WALA-TV were acquired with Gannett's purchase of The Detroit News, but were subsequently spun off to Knight-Ridder a day later in order for Gannett to comply with the FCC's then-current limits on group ownership.
- 2 Owned by Sander Media, LLC, Gannett operated these stations through a shared services agreement (SSA).
- 3 As part of the Gannett/Belo merger, KMOV, KTVK, and KASW were transferred to Sander Media, LLC; Gannett planned to operate the stations through shared service agreements. However, on December 16, 2013, the Department of Justice ordered that the parties (Gannett, Belo and Sander) had a period of 120 days to divest KMOV to a government-approved independent third-party that would be barred from entering into any agreements with Gannett, in order to fully preserve competition in advertising sales with KSDK. On December 23, shortly after the approval and completion of the Gannett/Belo deal, Meredith Corporation announced that it would purchase KMOV, KTVK and KASW in a $407.4 million deal.[12] The KMOV sale was completed on February 28, 2014.[13] The KTVK/KASW sale was completed on June 19.[14]
- 4 KTTU is owned by Tucker Operating Co, LLC. Both KTTU and KMSB (owned by Sander Media, LLC) are operated through a SSA by Raycom Media CBS affiliate KOLD-TV.
- 5 WDAN-TV changed call letters to WICD following its sale, and in 1967 was merged with WCHU (channel 33) in Champaign into the present-day WICD on channel 15.
- 6 Gannett purchased the construction permit for WINR-TV and signed the station on in 1957. Because of this, WHEC-TV and WDAN-TV are the only television stations built from the ground-up by Gannett.
- 7 WHEC-TV's frequency was shared with WVET-TV, owned by Veterans Broadcasting, from its 1953 sign-on until 1961 when Gannett purchased full ownership of the frequency.
Cable networks
This cable network was owned by Belo prior to acquisition by Gannett.
Availability | Station, Channel No. | Acquired by Gannett since | Notes/Fate |
Dallas, Houston, San Antonio, Austin, Corpus Christi, Laredo, Texarkana, Port Arthur/Beaumont, Waco, El Paso, Wichita Falls, Rio Grande Valley | TXCN (Texas Cable News), Channel Numbers Vary | 2013 | Composed of news teams from: WFAA, Dallas; KHOU, Houston; KENS, San Antonio; KVUE, Austin. Defunct as of May 1, 2015. |
Radio stations
(a partial listing)
This list related to film, television, or video is incomplete; you can help by adding missing items. |
AM Stations | FM Stations |
City of License/Market | Station | Years owned | Current ownership |
---|---|---|---|
Los Angeles | KPRZ/KIIS-1150 (now KEIB) |
1979–1997 | owned by iHeartMedia, Inc. |
KIIS-FM-102.7 | 1979–1997 | owned by iHeartMedia, Inc. | |
San Diego | KSDO-1130 | 1979–1997 | owned by Assn. for Community Education, Inc. (repeater of KMRO, Camarillo, CA) |
KEZL/KSDO-FM/KCLX-FM/KJOY-102.9 (now KLQV) |
1979–1997 | owned by Univision Communications | |
Hartford, Connecticut | WTHT-1230 ** | 1936–1954 | defunct, went silent in 1954 frequency now used by WNEZ |
Cocoa – Melbourne, FL | WEZY-1350 (now WMMV) |
1966–1970 | owned by iHeartMedia, Inc. |
WEZY-FM-99.3 (now WLRQ-FM) |
1966–1970 | owned by iHeartMedia, Inc. | |
Tampa – St. Petersburg | WDAE-1250 (WDAE is now at 620 AM; 1250 AM is now WHNZ) |
1987–1997 | owned by iHeartMedia, Inc. |
WJYW/WUSA-FM-100.7 (now WMTX) |
1980–1997 | owned by iHeartMedia, Inc. | |
Macon, Georgia | WMAZ-940 (now WMAC) |
1995–1996 | owned by Cumulus Media |
WMAZ-FM/WAYS-99.1 (now WDEN-FM) |
1995–1996 | owned by Cumulus Media | |
Chicago | WVON/WGCI-1390 (WVON is now at 1690 AM; 1390 AM is now WGRB) |
1979–1997 | owned by iHeartMedia, Inc. |
WGCI-FM-107.5 | 1979–1997 | owned by iHeartMedia, Inc. | |
Detroit | WLQV-1500 | 1979–1986 | owned by Salem Communications |
WCZY-FM-95.5 (now WKQI) |
1979–1986 | owned by iHeartMedia, Inc. | |
Kansas City, Missouri | KCMO-810 (KCMO is now at 710 AM; 810 AM is now WHB) |
1986–1993 | Owned by Cumulus Media |
KCMO-FM-94.9 | 1986–1993 | Owned by Cumulus Media | |
St. Louis | KSD/KUSA-550 (now KTRS) |
1979–1993 | owned by iHeartMedia, Inc. |
KCFM/KSD-93.7 | 1979–1993 | owned by iHeartMedia, Inc. | |
Danville, Illinois | WDAN-1490 | sold in 1971 | owned by Neuhoff Corp. |
WDAN-FM-102.1 ** | 1967–1971 | ||
Albany, New York | WABY-1400 (now WAMC) |
owned by WAMC, Inc. | |
Binghamton, New York | WINR-680 | 1957–1971 | owned by iHeartMedia, Inc. |
Elmira, New York | WENY-1230 ** | sold in 1969 | owned by WS Media, L.L.C. |
WENY-FM-92.7 ** | 1965–1969 | owned by WS Media, L.L.C. | |
Olean, New York | WHDL-1450 (minority interest) | mid 1930s-late 1950s | owned by Community Broadcasters, LLC |
WHDL-FM-95.7 ** (now WPIG) |
1949–late 1950s | owned by Community Broadcasters, LLC | |
Rochester, New York | WHEC-1460 (now WHIC) |
1936–1972 | owned by Holy Family Communications |
Cleveland | WWWE-1100 (now WTAM) |
1977–1985 | owned by iHeartMedia, Inc. |
WDOK-105.7 (now WMJI) |
1975–1985 | owned by iHeartMedia, Inc. | |
Marietta, Ohio | WBRJ-910 (now WLTP) |
1974–1979 | owned by iHeartMedia, Inc. |
Wilmington, Ohio | WKFI-1090 | 1974–early 1980s | owned by Town and Country Broadcasting |
Denton – Dallas – Fort Worth | KOAI/KHKS-106.1 | 1986–1997 | owned by iHeartMedia, Inc. |
Houston – Pasadena, TX | KKBQ-790 (now KBME) |
1984–1997 | owned by iHeartMedia, Inc. |
KKBQ-FM-92.9 | 1984–1997 | owned by Cox Media Group | |
Bremerton – Seattle – Tacoma, WA | KNUA-106.9 (now KRWM) |
1986–1990 | owned by Hubbard Broadcasting |
References
- ^ "Media Giant Gannett to Spin Off USA Today and Print Business". The New York Times. The New York Times Company. August 5, 2014. Retrieved August 5, 2014.
- ^ "Gannett Reorganizing, Buying Cars.com". TVNewsCheck. NewsCheck Media. August 5, 2014. Retrieved August 5, 2014.
- ^ Roger Yu (April 21, 2015). "Gannett to change name to TEGNA amid print unit spinoff". USA Today. Gannett Company. Retrieved April 21, 2015.
- ^ "Separation of Gannett into two public companies completed | TEGNA". Tegna. Retrieved June 29, 2015.
- ^ "Media | TEGNA". Tegna. Retrieved June 29, 2015.
- ^ a b "Gannett Completes London Broadcasting Buy". TVNewsCheck. NewsCheck Media. July 8, 2014.
- ^ "TEGNA Media and Debmar-Mercury Partner on Preview of 'T.D. Jakes' Talk Show This Summer With 44 Blue Productions, TDJ Enterprises and Enlight Productions – TEGNA". TEGNA. July 9, 2015. Retrieved June 7, 2016.
- ^ "EMPOWERING NEW DAILY TALK SHOW "T.D. JAKES" SET TO PREMIERE MONDAY, SEPTEMBER 12, 2016 – TEGNA". TEGNA. May 10, 2016. Retrieved June 7, 2016.
- ^ Gannett Digital brand
- ^ a b One of the most prominent Tegna Digital properties.
- ^ G/O Digital
- ^ "Meredith Buying Three Stations From Gannett". TVNewsCheck. Retrieved December 23, 2013.
- ^ Brown, Lisa (February 28, 2014). "Meredith Corp. closes on $177 million purchase of KMOV". St. Louis Post-Dispatch. Retrieved February 28, 2014.
- ^ Gannett-Sander Complete Phoenix Sale, TVNewsCheck, Retrieved June 19, 2014.