TGNA News

Standard General L.P., the largest equity holder of TEGNA Inc. ("TEGNA" or the "Company") (NYSE: TGNA), today urged its fellow shareholders to vote for meaningful change, fresh perspectives, and diversity on TEGNA's Board of Directors by voting on Standard General's WHITE proxy card.

At this time, I'd like to turn the conference over to Doug Kuckelman, head of investor relations. Today, our president and CEO, Dave Lougee; and our CFO, Victoria Harker, will review TEGNA's financial performance and results.

(Bloomberg) -- One of the contenders in the hotly-contested Tegna Inc. proxy battle says it’s been smeared with false accusations of improper trading in a blatant attempt to manipulate this week’s vote for a new board of directors.New York-based hedge fund Standard General LP sued Tusk Strategies Tuesday in Manhattan federal court, accusing the political consulting firm, of “blanketing the media with false and misleading proxy materials” on behalf of a “secret client.”Tegna, based in Tysons, Virginia, is a broadcast and digital media company that owns 66 stations in 54 markets. It has been locked in a monthslong battle with Standard General, its largest shareholder which owns 12% of the company. Standard General is seeking four board seats. A vote is scheduled for Thursday.The coronavirus threw a wrench into the proxy fight as face-to-face meetings with key investors were replaced with phone calls as the virus spread, according to people familiar with the matter, who asked not to be identified because the procedures are private.An employee of Tusk sent an email to news outlets Friday to try to get them to write stories about a lawsuit in which Standard General is accused of improperly profiting from short-term trades, the hedge fund said. In the lawsuit, filed by an investor, Standard General and its chairman, Soohyung Kim, were accused of making almost $800,000 by selling Tegna stock while the proxy fight was “raging.”Standard General denied any wrongdoing and described the investor lawsuit as “frivolous.” It’s asking the court to order Tegna to file U.S. Securities and Exchange Commission proxy statements, reveal the name of its client, and retract its “false and misleading statements.”“As of the date of this complaint, the proxy contest hangs in the balance,” Standard General said in its complaint. “Tusk’s reasons for pursuing this malicious and defamatory article are obvious: a story accusing Standard General and Mr. Kim of a crime would likely be a knockout blow to Standard General’s prospects in the proxy contest.”Tusk didn’t return a request for comment.(Corrects the claim in the underlying lawsuit in fifth paragraph.)For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.

TEGNA wins 88 Regional Edward R. Murrow Awards for excellence in broadcast journalism, more than any other local broadcast television group.

Q1 2020 Tegna Inc Earnings Call

By Soo Kim The boards of directors of U.S. public companies overwhelmingly lack diversity. Within the Russell 3000, only 20% of directors are women and just 10% represent racial or ethnic minorities.[1] Much has been made in recent years about this lack of diversity. Notwithstanding calls by many of the world’s largest investors and asset […]

TEGNA's (TGNA) Q1 earnings are likely to have gained traction from a stable subscriber base, higher retransmission rates and accretive acquisitions amid coronavirus chaos.

TEGNA urges shareholders to vote "FOR ALL" of TEGNA's 12 director nominees on the GOLD proxy card by internet or by phone TODAY.

Here we take a sneak peek at five media stocks lined up to report their respective quarterly earnings this week.

TEGNA Inc. reports strong 2020 final first quarter results.

Q3 2019 Tegna Inc Earnings Call

TEGNA issues letter to shareholders detailing continued financial and operational outperformance, support of several large shareholders for TEGNA.

TEGNA announces WUSA9, TEGNA's CBS affiliate in Washington, D.C., has won five Gracie Awards from the Alliance for Women in Media Foundation.

TEGNA announces that based on a preliminary vote count by its proxy solicitor, shareholders have re-elected all 12 of TEGNA's directors.

VAULT Studios debuts SELENA: A STAR DIES IN TEXAS, a podcast chronicling the incredible life and enduring legacy of Selena Quintanilla-Pérez.

TEGNA's Board of Directors declares dividend of 7 cents per share payable July 1, 2020 to stockholders of record as of close of business on June 5.

All eyes and ears are glued to the media these days. Atlanta area newspapers, TV stations and radio outlets have a captive audience thanks to COVID-19 and orders to shelter in place. “To put this in perspective, we normally have 260 people in the building [including local and national staff],” said John Deushane, president and general manager of WXIA-TV and MyATL.

TEGNA welcomes recommendation by independent proxy firm Egan-Jones for shareholders to vote GOLD proxy card FOR ALL 12 TEGNA Board director nominees.

Q4 2019 Tegna Inc Earnings Call

TEGNA's (TGNA) first-quarter 2020 results reflect higher subscription revenues and a solid uptrend in political revenues amid coronavirus chaos.