Tegna, a publicly owned company headquartered in Tysons, Virginia, was founded in 2015 and employs approximately 1,950 individuals. The company reported $3.1 billion in revenue as of 2024, functioning as a tier 1 media tech buyer. Tegna specializes in broadcast television and radio, operating as an American broadcast, digital media, and marketing services company. It was formed on June 29, 2015, when the Gannett Company split into two publicly traded companies, with Tegna comprising the broadcast television and digital media divisions. The company owns or operates 68 television stations across 54 markets and holds properties in digital media. In terms of audience reach, Tegna is identified as the largest group owner of NBC-affiliated stations and the fourth-largest group owner of ABC affiliates. Tegna also owns the digital multicast networks True Crime Network and Quest.
On April 2, 2026, broadcast giants Nexstar and Tegna urged a California federal judge to allow their $6.2 billion merger to proceed, contending that state attorneys general and DirecTV's challenges alleging harm are "generalized and speculative." They argued that DirecTV is merely attempting to maximize its leverage in future negotiations. This follows Nexstar's statement on April 1 that it could not fully comply with a temporary restraining order issued against its $6.2 billion merger with Tegna, citing actions already completed at closing and irreversible legal obligations.
Tegna offers 68 products in the media and telecoms services industry. Tegna's product portfolio comprises of broadcast television and radio.
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Tegna's revenues were $3.1B in 2024. Caretta Research has split Tegna's revenue into 2 different product categories, the largest of which is local broadcaster advertising, which represents 52% of Tegna's revenue.
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