Tegna, Inc.

Tegna, Inc.

Tegna, Inc.

Overview
Date Founded

1972

Headquarters

7950 JONES BRANCH DRIVE, MCLEAN, VA, 22107

Type of Company

Public

Employees (Worldwide)

5,336

Industries

Cable, Satellite, and Radio Telecommunications
Media Conglomerates
Internet Software & Services

Company Description

TEGNA, Inc. engages in the provision of media services. It offers TEGNA Marketing Solutions, a one-stop shop that helps businesses through a suite of services and solutions that reach consumers across television, email, social and over-the-top (OTT) platforms, including Premion, TEGNA's OTT advertising service. The company was founded by Frank E. Gannett in 1906 and is headquartered in Tysons, VA.

Contact Data
Trying to get in touch with decision makers at Tegna, Inc.? Subscribe today to access their professional contact information and receive a one time promotion of free Contact Data credits!
Executives & Employees

President & Chief Executive Officer

Executive Vice President & Chief Financial Officer

Senior Vice President, General Counsel & Secretary

Chief Technology Officer

Chief Digital Officer & Senior Vice President

Chief Digital Officer

Vice President & Chief Communications Officer

Senior Vice President & Chief Human Resources Officer

Vice President & Chief Communications Officer

Senior Vice President, Controller & Principal Accounting Officer

Board of Directors

President & Chief Operating Officer-Global Enterprise Services at Dell EMC, Inc.

President & Chief Executive Officer at Tegna, Inc.

President & Chief Executive Officer at WNET

Chief Financial Officer at EntreCap Financial LLC

Executive Vice President, Chief Digital & Technology Officer at Pfizer, Inc.

Senior Lecturer at Harvard University - Harvard Business School

Founder at Mighty Software, Inc.

Senior Fellow at John Hopkins University - Center for Transatlantic Relations at the Paul H. Nitze School of Advanced International Studies

Former Vice President & Director, Integrated Marketing at The Coca-Cola Company

Professional at Morgan Stanley

Paths to Tegna, Inc.
Potential Connections via
Relationship Science
You
Tegna, Inc.
Owners & Shareholders
Details Hidden

Fairpointe Capital manages equity portfolios for clients. The firm looks for companies with compelling business models, financial strength, experienced management, and attractive valuation. The Mid-Cap strategy employs a fundamental bottom-up, valuation-based process to select companies that they believe are inefficiently priced relative to their earnings growth outlook over the next three to five years. Fairpointe has a preference for companies with products or services that make their customers more efficient or profitable, and are critical to their customers' success. The Focused Equity strategy employs a disciplined, fundamental, bottom-up valuation-based approach to investing while seeking to select companies that are inefficiently priced relative to their fundamental value, earnings growth outlook and cash flow generationover the next three to five years. Security selection is based on identifying companies with a catalyst for change, strong or improving financial metrics and prior management success. Fairpointe primarily invests in domestic equities and ADRs. If fixed income exposure is required by the client, Fairpointe typically invests in bond funds, corporate bonds, and treasuries. ^

Details Hidden

NewSouth Capital Management seeks superior, risk-adjusted investment returns on both an absolute and relative basis. The firm manages four equity strategies: Small-Cap Value, Small/Mid Cap Value, Mid Cap Value and Value Opportunity, (an all-cap strategy). Market cap size distinctions are the only difference between these four strategies. Each one follows the same philosophy, and decisions are made by the same investment team. NewSouth ordinarily holds 25 to 35 companies in their portfolios. They believe that this level of concentration provides an adequate level of diversification and increases long-term opportunities for superior returns. NewSouth believes that most successful equity investments are made with a longer time horizon in mind. They focus on investments in businesses that offer above average returns over a 2 to 3 year period rather than focusing on short-term trading strategies.

Details Hidden

Ariel utilizes a bottom-up, fundamental analysis to select quality company stocks. The firm has three investment strategy approaches offered: traditional value, deep value and global. They use different research processes for each strategies. For traditional value, they monitor a proprietary watch list which is comprised of current, former and potential new investments. The research process of deep value begins with the screening of companies on size, valuation and industry parameters. Lastly, for global strategies, they first seek to reduce the risk of large investment losses by quantitatively and qualitatively identifying and eliminating businesses that have the highest propensity to fail, based on their judgment. The firm's investment decisions will primarily be derived from bottom-up fundamental research and stock picking and are made by the portfolio manager.

Recent Transactions
Details Hidden

Tegna, Inc. purchases Nexstar Media Group, Inc. /11 TV Stations from Nexstar Media Group, Inc.

Details Hidden

Tegna, Inc. purchases Gray Television, Inc. /2 TV Stations from Gray Television, Inc.

Details Hidden

Tegna, Inc. purchases Midwest Television, Inc. /KFMB Stations from Midwest Television, Inc.

Transaction Advisors
Accountant

Advised onTegna, Inc. purchases Central Newspapers, Inc.

Accountant

Advised onTegna, Inc. purchases Wltx TV from Lewis Broadcasting Corp

Legal Advisor

Advised onTegna, Inc. purchases Central Newspapers, Inc.

Chairman, Securities Practice Group

Advised onTegna, Inc. purchases Nexstar Media Group, Inc. /11 TV Stations from Nexstar Media Group, Inc.

Investment Advisor

Advised onLiquidus Marketing, Inc. purchases ShopLocal LLC from Tegna, Inc.

Investment Advisor

Advised onLiquidus Marketing, Inc. purchases ShopLocal LLC from Tegna, Inc.

Advisors & Consultants
Legal Advisor

Partner at Winston & Strawn LLP

Key Stats and Financials As of 2018
Market Capitalization
$3.36B
Total Enterprise Value
$5.16B
Earnings Per Share
$1.87
Revenue
$2.21B
Net Profit
$406M
EBITDA
$774M
EBITDAMargin
35.05%
Total Debt
$2.94B
Total Equity
$1.34B
Enterprise Value Sales
2.34x
Enterprise Value EBITDAOperating
6.67x
TEVNet Income
12.73x
Debt TEV
0.57x
Three Year Compounded Annual Growth Rate Of Revenue
-10.23%
Five Year Compounded Annual Growth Rate Of Revenue
-15.62%
Non-Profit Donations & Grants
$1,000 - $4,999
2015
Investments
Details Hidden

ShermansTravel Media LLC publishes travel deals and vacation destination advice. It provides travel deals on flights, hotels, vacation packages, and cruises. The company was founded by James Sherman in 2002 and is headquartered in New York, NY.

Details Hidden

BrassRing LLC used to provide recruiting solutions and talent relationship management software. Its clients were Time Warner, IKEA, ConAgra Foods Inc, RR Donnelly and Nissan Motor Co. The company had operations in the United States and Europe. BrassRing was founded in 1999 and was located in Waltham, MA.

Details Hidden

Vizbee, Inc. provides online services. The company was founded by Darren Feher and Prashanth Pappu and is headquartered in New York, NY.

Suppliers
CBS Corp. Advertising & Marketing | New York, New York

CBS Corporation is a mass media company that creates and distributes industry-leading content across a variety of platforms to audiences around the world. The Company has businesses with origins that date back to the dawn of the broadcasting age as well as new ventures that operate on the leading edge of media. CBS owns the most-watched television network in the U.S. and one of the world’s largest libraries of entertainment content, making its brand – “the Eye” – one of the most recognized in business. The Company’s operations span virtually every field of media and entertainment, including cable, publishing, radio, local TV, film, outdoor advertising, and interactive and socially responsible media. CBS’s businesses include CBS Television Network, The CW (a joint venture between CBS Corporation and Warner Bros. Entertainment), Showtime Networks, CBS Sports Network, TVGN (a joint venture between CBS Corporation and Lionsgate), Smithsonian Networks, Simon & Schuster, CBS Television Stations, CBS Radio, CBS Outdoor, CBS Television Studios, CBS Global Distribution Group (CBS Studios International and CBS Television Distribution), CBS Interactive, CBS Consumer Products, CBS Home Entertainment, CBS Films and CBS EcoMedia.

The Walt Disney Company Entertainment | BURBANK, CA

The Walt Disney Co. is a diversified international family entertainment and media enterprise. It operates through the following segments: Media Networks, Parks & Resorts, Studio Entertainment and Consumer Products & Interactive Media. The Media Networks segment includes cable and broadcast television networks, television production and distribution operations, domestic television stations, radio networks and stations. The Parks and Resorts segment owns and operates the Walt Disney World Resort in Florida; the Disneyland Resort in California; Aulani, a Disney Resort & Spa in Hawaii; the Disney Vacation Club; the Disney Cruise Line; and Adventures by Disney. The Studio Entertainment segment produces and acquires live-action and animated motion pictures, direct-to-video content, musical recordings and live stage plays. This segment distributes films primarily under the Walt Disney Pictures, Pixar, Marvel, Lucasfilm and Touchstone banners. The Consumer Products and Interactive Media segment licenses the company's trade names, characters and visual and literary properties to various manufacturers, game developers, publishers and retailers throughout the world. It also develops and publishes games, primarily for mobile platforms, and books, magazines and comic books. This segment also distributes branded merchandise directly through retail, online and wholesale businesses. The Walt Disney was founded by Walter Elias Disney on October 16, 1923 and is headquartered in Burbank, CA.

Comcast Corporation Internet Software & Services | Philadelphia , PA

Comcast Corporation (Nasdaq: CMCSA, CMCSK) is a global media and technology company with two primary businesses, Comcast Cable and NBCUniversal. Comcast Cable is the nation’s largest video, high-speed Internet and phone provider to residential customers under the XFINITY brand as well as to businesses. NBCUniversal operates 30 news and entertainment cable networks, the NBC and Telemundo broadcast networks, television production operations, television station groups, Universal Pictures and Universal Parks & Resorts.

Competitors
Facebook, Inc. Internet Software & Services

Facebook, Inc. engages in the development of social media applications for people to connect through mobile devices, personal computers, and other surfaces. It enables users to share opinions, ideas, photos, videos, and other activities online. Its products include Facebook, Instagram, Messenger, WhatsApp, and Oculus. The company was founded by Mark Elliot Zuckerberg, Dustin Moskovitz, Chris R. Hughes, Andrew McCollum, and Eduardo P. Saverin on February 4, 2004 and is headquartered in Menlo Park, CA.

Netflix, Inc. Entertainment - LOS GATOS, CA

Netflix, Inc. is an Internet subscription service company, which provides subscription service streaming movies and television episodes over the Internet and sending DVDs by mail. It operates through the following segments: Domestic Streaming, International Streaming and Domestic DVD. The Domestic Streaming segment derives revenues from monthly membership fees for services consisting solely of streaming content to its members in the United States. The International Streaming segment includes fees from members outside the United States. The Domestic DVD segment covers revenues from services consisting solely of DVD-by-mail. The company was founded by Marc Randolph and Wilmot Reed Hastings Jr., on August 29, 1997 and is headquartered in Los Gatos, CA.

Fox Corp. Cable, Satellite, and Radio Telecommunications - New York, NY

Fox Corp. delivers compelling news, sports and entertainment content. It provides news under the brands FOX News, FOX Business, FS1, FS2, Big Ten Network, FOX Network and FOX Television Stations. The company is headquartered in New York, NY.

Awards & Honors
Rank #681
2016
Fortune Magazine - Fortune 1000 Companies
Sponsored by Fortune Magazine
This web site is not endorsed by, directly affiliated with, maintained, authorized, or sponsored by Tegna, Inc.. The use of any trade name or trademark is for identification and reference purposes only and does not imply any association with the trademark holder. The Presence of Tegna, Inc.'s profile does not indicate a business or promotional relationship of any kind between RelSci and Tegna, Inc..
  • be_ixf; php_sdk; php_sdk_1.4.15
  • https://relationshipscience.com/organization/tegna-inc-164747364
  • https://relationshipscience.com/organization/tegna-inc-164747364