Tegna, a publicly owned company headquartered in Tysons, Virginia, was founded in 2015. Operating as a tier 1 media tech buyer, it employs approximately 1950 individuals and reported $3.1B in revenue as of 2024. The company specializes in broadcast television, radio, and digital media, along with marketing services. Formed from the 2015 split of the Gannett Company, Tegna's portfolio includes the ownership or operation of 68 television stations in 54 markets and various digital media properties. It is recognized as the largest group owner of NBC-affiliated stations and the fourth-largest group owner of ABC affiliates, and also owns the digital multicast networks True Crime Network and Quest.
On May 2, 2026, a coalition of state attorneys general, including Pennsylvania’s top prosecutor, moved to unwind a major broadcast television merger involving Nexstar Media and Tegna, arguing the deal could reduce viewing options and increase costs for consumers. This followed Massachusetts Attorney General Andrea Joy Campbell's announcement on May 1 that she joined a bipartisan coalition of 13 attorneys general in filing an amended complaint against Nexstar Media and Tegna, challenging the proposed merger between the two broadcast television conglomerates. Earlier on May 1, Nexstar's legal team reached a settlement with one state Attorney General regarding the merger, even as five additional states joined California’s efforts to block the transaction. Previously, on April 30, 2026, Sinclair's CEO characterized the state attorneys general's case against the Nexstar-Tegna merger as "flimsy."
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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