Tegna is a privately owned company headquartered in Tysons, Virginia, US. Founded in 2015 and operating with approximately 1,950 employees, the company reported $2.7 billion in revenue as of 2025 and functions as a tier 1 media tech buyer. Tegna specializes in broadcast television and radio, and its operations encompass broadcast, digital media, and marketing services. It was created on June 29, 2015, through the split of the Gannett Company, with Tegna comprising the broadcast television and digital media divisions, while Gannett's publishing interests were spun off under the original Gannett name. Tegna owns or operates 68 television stations across 54 markets and maintains properties in digital media. The company is recognized as the largest group owner of NBC-affiliated stations and the fourth-largest group owner of ABC affiliates. Additionally, Tegna owns two digital multicast networks, True Crime Network and Quest.
Nexstar filed a 50-page reply brief on July 9, resisting a federal judge's April injunction on its $6.2 billion merger with Tegna. The company challenged antitrust allegations and claims of political dealings with the Trump administration, questioning how a "locality-based theory of harm" could justify a nationwide preliminary injunction. This follows a federal judge in California setting a July 6, 2027, bench trial to address a challenge to the merger initiated by US states and DirecTV. The proposed merger continues to generate discussion among stakeholders and legal professionals, with ongoing concerns about its potential impact on market competition and public interest.
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 over $1B in 2025. Caretta Research has split Tegna's revenue into 2 different product categories, the largest of which is local broadcaster advertising. For full access to Tegna's revenue breakdown subscribe to Caretta Portal.
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