Jump to content

Tegna Inc.

Edit links
From Wikipedia, the free encyclopedia

This is an old revision of this page, as edited by Jesant13 (talk | contribs) at 22:08, 4 October 2016 (I corrected an error: Tegna is still officially headquartered in McLean, Virginia.). The present address (URL) is a permanent link to this revision, which may differ significantly from the current revision.

"TEGNA" redirects here. Not to be confused with Tegna.
This article is about Tegna, formerly Gannett, as a broadcast and digital media company. For Gannett as a publishing company, see Gannett Company.
Tegna, Inc.
Company typePublic company
NYSE: TGNA
PredecessorGannett Company
FoundedJune 29, 2015
Headquarters
McLean, Virginia
Key people
Gracia Martore
(President & CEO)
Marjorie Magner
(chairman)
Dave Lougee
(President, TEGNA Media)
John Williams
(President, TEGNA Digital)
Products
  • Television
  • Internet Media
Websitetegna.com

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

– Virginia Beach

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:

  1. ^ 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)

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

  1. ^ "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.
  2. ^ "Gannett Reorganizing, Buying Cars.com". TVNewsCheck. NewsCheck Media. August 5, 2014. Retrieved August 5, 2014.
  3. ^ Roger Yu (April 21, 2015). "Gannett to change name to TEGNA amid print unit spinoff". USA Today. Gannett Company. Retrieved April 21, 2015.
  4. ^ "Separation of Gannett into two public companies completed | TEGNA". Tegna. Retrieved June 29, 2015.
  5. ^ "Media | TEGNA". Tegna. Retrieved June 29, 2015.
  6. ^ a b "Gannett Completes London Broadcasting Buy". TVNewsCheck. NewsCheck Media. July 8, 2014.
  7. ^ "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.
  8. ^ "EMPOWERING NEW DAILY TALK SHOW "T.D. JAKES" SET TO PREMIERE MONDAY, SEPTEMBER 12, 2016 – TEGNA". TEGNA. May 10, 2016. Retrieved June 7, 2016.
  9. ^ Gannett Digital brand
  10. ^ a b One of the most prominent Tegna Digital properties.
  11. ^ G/O Digital
  12. ^ "Meredith Buying Three Stations From Gannett". TVNewsCheck. Retrieved December 23, 2013.
  13. ^ Brown, Lisa (February 28, 2014). "Meredith Corp. closes on $177 million purchase of KMOV". St. Louis Post-Dispatch. Retrieved February 28, 2014.
  14. ^ Gannett-Sander Complete Phoenix Sale, TVNewsCheck, Retrieved June 19, 2014.
  1. ^ a b c d Station assigned to licensee Pacific and Southern Company, Inc.
  2. ^ a b c d e Station assigned to licensee King Broadcasting Company.
Retrieved from "https://en.wikipedia.org/w/index.php?title=Tegna_Inc.&oldid=742639703"