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Tegna Inc's Business Segments
Tegna Inc's reported revenue by business segment and by geographic region, quarterly and annual, normalized against the consolidated income statement. Free below: the top 3 rows per table, this quarter and this fiscal year. Subscriber access adds the full segment history and operating income by segment.
Segment Data As of FY
Reportable Segments
4
Largest Segment
Distribution
Total Revenue
$ 2,712
Regions Reported
-
Revenue Share by Reportable Segment - FY
- Distribution55.1%
- Advertising Marketing Services42%
- Political1.5%
- Other1.4%
Revenue by Reportable Segment - FY
| Segment | Revenue (Millions) | % of Total |
|---|---|---|
| Distribution | $ 358 | 55.1% |
| Advertising Marketing Services | $ 273 | 42% |
| Political | $ 10 | 1.5% |
Description of Tegna Inc
Tegna Inc. (TYO: 9402) is a media company headquartered in Tysons, Virginia, USA. The company's operations are concentrated in its portfolio of 64 broadcast TV stations and four radio stations in the US. Its portfolio also includes over-the-top (OTT) streaming media services, such as the Tegna-owned subsidiary, Premion.
Tegna Inc. was founded in June 2015, following the completion of the spinoff of Gannett Company, Inc.'s broadcasting and digital assets into a separate, publicly traded company. The company's name, Tegna, is a combination of two words: "TEGNA" and "INTEG".
TEGNA is an acronym for "Truth, Engagement, Growth, and Affinity". TEGNA's value proposition is to build deeper relationships with its audiences by providing high-quality journalism, compelling content, data-driven insights, and innovative marketing solutions. TEGNA's mission is to empower the people and communities it serves.
INTEG is a reference to TEGNA's integrated approach to content creation and distribution. TEGNA is committed to providing its audiences with the option to consume content on their preferred platforms, including both linear and digital platforms.
Tegna Inc.'s portfolio of media properties includes a portfolio of 64 broadcast TV stations in the US, located in 51 markets. These stations reach approximately 39% of US households. Tegna's flagship station is WUSA-TV in Washington, DC, which is also home to TEGNA's corporate headquarters. Tegna's other stations include affiliates of the major networks, such as ABC, CBS, NBC, and FOX.
Tegna also owns four radio stations, including KFMB-AM, KFMB-FM, KSON-FM, and KJQY-FM, all located in San Diego, California.
In addition to its broadcast and radio stations, Tegna also operates several OTT streaming media services, anchored by its subsidiary, Premion. Premion is an omni-channel advertising platform that delivers targeted, brand-safe, and transparent advertising across all streaming TV platforms, connected TVs, and premium publishers.
Premion leverages proprietary technology, data-driven solutions, and premium partnerships with media giants like Dentsu and FreeWheel to enable advertisers to reach audiences across every screen.
Tegna's other OTT media properties include the TEGNA-owned OTT platform, Breaking News Network (BNN), and the TEGNA-owned news website, Verify.
Overall, Tegna Inc. is a diverse media company that offers innovative solutions for its audiences and advertisers alike. The company's focus on the integration of content creation and distribution across multiple platforms makes it a valuable partner for advertisers looking to maximize their reach and ROI.
Tegna Inc. was founded in June 2015, following the completion of the spinoff of Gannett Company, Inc.'s broadcasting and digital assets into a separate, publicly traded company. The company's name, Tegna, is a combination of two words: "TEGNA" and "INTEG".
TEGNA is an acronym for "Truth, Engagement, Growth, and Affinity". TEGNA's value proposition is to build deeper relationships with its audiences by providing high-quality journalism, compelling content, data-driven insights, and innovative marketing solutions. TEGNA's mission is to empower the people and communities it serves.
INTEG is a reference to TEGNA's integrated approach to content creation and distribution. TEGNA is committed to providing its audiences with the option to consume content on their preferred platforms, including both linear and digital platforms.
Tegna Inc.'s portfolio of media properties includes a portfolio of 64 broadcast TV stations in the US, located in 51 markets. These stations reach approximately 39% of US households. Tegna's flagship station is WUSA-TV in Washington, DC, which is also home to TEGNA's corporate headquarters. Tegna's other stations include affiliates of the major networks, such as ABC, CBS, NBC, and FOX.
Tegna also owns four radio stations, including KFMB-AM, KFMB-FM, KSON-FM, and KJQY-FM, all located in San Diego, California.
In addition to its broadcast and radio stations, Tegna also operates several OTT streaming media services, anchored by its subsidiary, Premion. Premion is an omni-channel advertising platform that delivers targeted, brand-safe, and transparent advertising across all streaming TV platforms, connected TVs, and premium publishers.
Premion leverages proprietary technology, data-driven solutions, and premium partnerships with media giants like Dentsu and FreeWheel to enable advertisers to reach audiences across every screen.
Tegna's other OTT media properties include the TEGNA-owned OTT platform, Breaking News Network (BNN), and the TEGNA-owned news website, Verify.
Overall, Tegna Inc. is a diverse media company that offers innovative solutions for its audiences and advertisers alike. The company's focus on the integration of content creation and distribution across multiple platforms makes it a valuable partner for advertisers looking to maximize their reach and ROI.
Tegna Inc. is a prominent media company in the United States, and it operates through several interconnected segments, products, and services that cater to a variety of audiences and client needs. Below is an extensive description of these segments:
1. Television Broadcasting
Tegna Inc. operates a robust network of 64 local television stations spanning across 51 markets in the U.S. which collectively reach over 38% of American households. This segment focuses on delivering local news, weather updates, sports, and entertainment programming tailored to the interests and needs of the communities they serve. The stations are typically affiliated with major broadcast networks like NBC, ABC, CBS, and FOX, thus providing a rich array of content including national news coverage, local events, and community-specific programming.
Digital Media
Recognizing the importance of digital engagement, Tegna Inc. has developed a suite of digital media platforms. This includes user-friendly websites and mobile applications that offer up-to-the-minute news, weather forecasts, sports highlights, and entertainment content. Their digital media portfolio features local news apps that provide personalized news feeds based on user preferences, enhancing the delivery of relevant information. Additionally, Tegna operates Clipper, a digital couponing and marketing platform designed to help consumers save money while providing businesses with a way to reach potential customers through targeted offers.
Advertising and Marketing Services
Tegna Inc. offers a comprehensive range of advertising and marketing services aimed at helping businesses effectively reach their target audiences. Their offerings include traditional advertising solutions like direct mail and TV advertising, as well as digital strategies including social media marketing and video production. Their advertising services are complemented by Grateful Ventures, a division focused on providing digital marketing services specifically for nonprofits and social impact organizations, reinforcing their commitment to not only commercial but also socially responsible marketing initiatives.
Production Studios
Under the Tegna Media umbrella, the company operates in-house production studios that create diverse content for both local and national exposure. These studios are responsible for producing local news segments as well as syndicated shows, with popular content like Daily Blast Live—a live morning show discussing trending topics—and Sister Circle,a talk show focusing on issues pertinent to women, particularly in minority communities. This vertical integration allows Tegna to control content creation and maintain high-quality production standards.
Content Distribution
Tegna is deeply involved in content distribution, ensuring that their programming reaches a wide audience through both traditional and emerging platforms. They have established content distribution agreements with major carriers and platforms such as DirecTV and Dish Network, thereby expanding their reach and ensuring that viewers have access to their local stations regardless of viewing preferences. Tegna’s emphasis on utilizing both linear and digital platforms for content distribution illustrates their commitment to adapting to changes in how audiences consume media.
Data and Analytics Solutions
In parallel with its media offerings, Tegna has developed data analytics capabilities that provide insights into audience behavior and preferences. These analytics tools help advertisers refine and optimize their campaigns, ensuring that marketing efforts are data-driven and focused on measurable outcomes. This segment is particularly valuable for businesses seeking to maximize their return on investment in advertising.
Community Engagement and Local Initiatives
Tegna Inc. places a strong emphasis on community engagement through various initiatives. They host town hall meetings, local events, and philanthropic activities aimed at addressing community needs and fostering dialogue among residents. This commitment to community service not only enhances their local presence but also strengthens the relationship between their media properties and audience.
Summary
Overall, Tegna Inc. operates a multifaceted media enterprise, leveraging its extensive network of television stations and digital platforms to deliver a diverse array of content and services. The combination of broadcasting, digital media, advertising, production, content distribution, and community engagement solidifies Tegnas position as a leader in the media industry. The company continues to adapt to the evolving landscape of media consumption while serving a wide spectrum of audiences and clients across the United States.
1. Television Broadcasting
Tegna Inc. operates a robust network of 64 local television stations spanning across 51 markets in the U.S. which collectively reach over 38% of American households. This segment focuses on delivering local news, weather updates, sports, and entertainment programming tailored to the interests and needs of the communities they serve. The stations are typically affiliated with major broadcast networks like NBC, ABC, CBS, and FOX, thus providing a rich array of content including national news coverage, local events, and community-specific programming.
Digital Media
Recognizing the importance of digital engagement, Tegna Inc. has developed a suite of digital media platforms. This includes user-friendly websites and mobile applications that offer up-to-the-minute news, weather forecasts, sports highlights, and entertainment content. Their digital media portfolio features local news apps that provide personalized news feeds based on user preferences, enhancing the delivery of relevant information. Additionally, Tegna operates Clipper, a digital couponing and marketing platform designed to help consumers save money while providing businesses with a way to reach potential customers through targeted offers.
Advertising and Marketing Services
Tegna Inc. offers a comprehensive range of advertising and marketing services aimed at helping businesses effectively reach their target audiences. Their offerings include traditional advertising solutions like direct mail and TV advertising, as well as digital strategies including social media marketing and video production. Their advertising services are complemented by Grateful Ventures, a division focused on providing digital marketing services specifically for nonprofits and social impact organizations, reinforcing their commitment to not only commercial but also socially responsible marketing initiatives.
Production Studios
Under the Tegna Media umbrella, the company operates in-house production studios that create diverse content for both local and national exposure. These studios are responsible for producing local news segments as well as syndicated shows, with popular content like Daily Blast Live—a live morning show discussing trending topics—and Sister Circle,a talk show focusing on issues pertinent to women, particularly in minority communities. This vertical integration allows Tegna to control content creation and maintain high-quality production standards.
Content Distribution
Tegna is deeply involved in content distribution, ensuring that their programming reaches a wide audience through both traditional and emerging platforms. They have established content distribution agreements with major carriers and platforms such as DirecTV and Dish Network, thereby expanding their reach and ensuring that viewers have access to their local stations regardless of viewing preferences. Tegna’s emphasis on utilizing both linear and digital platforms for content distribution illustrates their commitment to adapting to changes in how audiences consume media.
Data and Analytics Solutions
In parallel with its media offerings, Tegna has developed data analytics capabilities that provide insights into audience behavior and preferences. These analytics tools help advertisers refine and optimize their campaigns, ensuring that marketing efforts are data-driven and focused on measurable outcomes. This segment is particularly valuable for businesses seeking to maximize their return on investment in advertising.
Community Engagement and Local Initiatives
Tegna Inc. places a strong emphasis on community engagement through various initiatives. They host town hall meetings, local events, and philanthropic activities aimed at addressing community needs and fostering dialogue among residents. This commitment to community service not only enhances their local presence but also strengthens the relationship between their media properties and audience.
Summary
Overall, Tegna Inc. operates a multifaceted media enterprise, leveraging its extensive network of television stations and digital platforms to deliver a diverse array of content and services. The combination of broadcasting, digital media, advertising, production, content distribution, and community engagement solidifies Tegnas position as a leader in the media industry. The company continues to adapt to the evolving landscape of media consumption while serving a wide spectrum of audiences and clients across the United States.