TEGNA

TEGNA

Distributes local news via TV and digital

Overview

TEGNA operates 64 local TV stations across 51 U.S. markets and also runs digital and OTT platforms to deliver local news and services. Its content is available live and on-demand via TV, web, mobile apps, streaming, and platforms like Roku and Fire TV. It differentiates itself by owning the largest share of top-four network affiliates in the top-25 markets among independents and by operating multicast networks True Crime Network, Twist, and Quest, plus Premion OTT ads. Its goal is to help people thrive in local communities through trusted news and services while providing advertisers with cross-channel access to local audiences.

About TEGNA

Simplify's Rating
Why TEGNA is rated
C
Rated C on Competitive Edge
Rated C on Growth Potential
Rated C on Differentiation

Industries

Company Size

1,001-5,000

Company Stage

IPO

Headquarters

McLean, Virginia

Founded

2017

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Simplify's Take

What believers are saying

  • Patrick Paolini became CEO June 1, 2026, bringing Fox sales and station management discipline.
  • TEGNA beat Q4 2025 EPS expectations, generating $0.50 versus $0.45 consensus.
  • Hold-separate status preserves independent operations, protecting newsroom jobs and local-market execution through litigation.

What critics are saying

  • Judge Troy Nunley blocked Nexstar integration on April 17, 2026, freezing synergies.
  • Premion lost a major customer in 2025, dragging digital advertising momentum in 2026.
  • Local TV ad revenue remains volatile; Q4 2025 revenue fell 18.9% to $706 million.

What makes TEGNA unique

  • TEGNA runs 64 stations across 51 markets, pairing broadcast with CTV and mobile.
  • Kurt Rao unified technology and digital products in June 2026, accelerating AI-driven workflows.
  • Scott Gill now oversees station infrastructure, sports operations, and drone newsgathering across the portfolio.

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Funding

Total Funding

$11.6B

Above

Industry Average

Funded Over

2 Rounds

Acquisition funding comparison data is currently unavailable. We're working to provide this information soon!
Acquisition Funding Comparison
Coming Soon

Benefits

Health Insurance

Dental Insurance

Vision Insurance

Life Insurance

Disability Insurance

401(k) Company Match

401(k) Retirement Plan

Mental Health Support

Paid Vacation

Paid Holidays

Stock Price

Company News

TV Technology
Jul 14th, 2026
Tegna names Scott Gill VP, technology and operations.

Tegna names Scott Gill VP, technology and operations. Published 3 hours ago Will oversee engineering and tech at group's 64 local stations McLEAN, Va. - Tegna has promoted Scott Gill to vice president of operations, responsible for overseeing engineering, technology and sports operations across the group's 64 local stations. He'll be tasked with leading efforts to strengthen station performance, modernize infrastructure and support the delivery of the company's journalism product across broadcast, streaming and mobile platforms. Gill, who joined Tegna in 2012, was most recently head of technology and sports operations. "Scott brings a unique combination of operational expertise, technical leadership and innovation to this position," said Kurt Rao, Tegna executive vice president, chief technology and digital products officer. "He's played a critical role in advancing our stations' technology, and he has the expertise we need to strengthen our operations as we continue to shape the future of local media." As head of technology and sports operations, Gill defined and executed technological and operational strategies across Tegna's broadcast station while supporting its NBA, WNBA, NHL, MLB and other live sports properties, as well as nationally syndicated programming. He also directed and managed Tegna's drone and helicopter technologies and pilot operations. The professional video industry's #1 source for news, trends and product and tech information. Sign up below.

Editor & Publisher
Jul 14th, 2026
Scott Gill appointed vice president of technology and operations at TEGNA.

Scott Gill appointed vice president of technology and operations at TEGNA. Gill will oversee engineering and technology operations across TEGNA's 64 local stations. Posted Tuesday, July 14, 2026 9:37 am McLEAN, Va. - TEGNA Inc. (NASDAQ: NXST) announced that Scott Gill has been named vice president of technology and operations. In this role, Gill will oversee engineering, technology and sports operations across TEGNA's 64 local television stations, leading efforts to strengthen station performance, modernize infrastructure and support the delivery of trusted local journalism across broadcast, streaming, mobile and digital platforms. "Scott brings a unique combination of operational expertise, technical leadership and innovation to this position," said Kurt Rao, EVP, chief technology and digital products officer. "He's played a critical role in advancing our stations' technology, and he has the expertise we need to strengthen our operations as we continue to shape the future of local media." Gill joined TEGNA in 2012, and most recently has served as head of technology and sports operations, where he has played a key role in advancing the company's digital transformation. In this position, he defined and executed technological and operational strategies across the company's award-winning broadcast stations, while simultaneously supporting its portfolio of NBA, WNBA, NHL, MLB and other live sports initiatives and nationally syndicated programming. Additionally, Gill directed and managed TEGNA's drone and helicopter technologies and pilot operations, helping stations expand their newsgathering capabilities while maintaining the highest standards of safety and operational excellence. "I'm excited to take on this new role leading tech and operations teams across TEGNA," said Gill. "Local journalism depends on strong technology. I look forward to working with our station leaders to strengthen the tools our newsrooms rely on to serve our communities." Prior to joining TEGNA, Gill spent 10 years in field operations with Fox News Network, supporting major news and live-event productions. His diverse career also includes working with Harpo Productions on "The Oprah Winfrey Show," and numerous television stations and production facilities. Beyond his extensive technical experience, Gill is a former EMT and a pilot. TEGNA Inc. is a wholly owned subsidiary of Nexstar Media Group, Inc. (NASDAQ: NXST), operating independently of Nexstar consistent with the Hold Separate Order issued by the United States District Court for the Eastern District of California on April 17, 2026. TEGNA is a multiplatform media company operating 64 local television stations in 51 U.S. markets, and hundreds of websites, mobile and Connected TV (CTV) apps, and Premion, a leading Connected TV and Over-the-Top (OTT) advertising platform. Other items that may interest you E&P Exlusives

Media Moves
Jun 29th, 2026
Raquel Amparo promoted to SVP role at TEGNA.

Raquel Amparo promoted to SVP role at TEGNA. Raquel Amparo has been promoted to senior vice president of content at TEGNA, just months after joining the company. Amparo started at TEGNA in October 2025, tasked with overseeing content strategy and operations across TEGNA's Texas stations. She previously spent four years as president and general manager of CBS News local stations in Dallas-Fort Worth, overseeing KTVT-TV (CBS 11), KTXA-TV (TXA 21), CBSN Dallas-Fort Worth and CBSDFW.com. Prior to CBS, Amparo spent four years at Univision Dallas, joining as news director in December 2017 and rising to VP of News in 2019. She later took on added responsibility for regional content across Univision's large-market stations in Texas and Chicago. Before Univision, she spent six years at CBS Dallas, starting as executive producer and advancing to managing editor. Earlier in her career, she worked as a producer at Fox Television and CBS and NBC stations in Miami.

Editor & Publisher
Jun 16th, 2026
TEGNA CEO Patrick Paolini appoints Kurt Rao EVP and chief technology and digital products officer.

TEGNA CEO Patrick Paolini appoints Kurt Rao EVP and chief technology and digital products officer. In this role, Rao will oversee technology strategy and digital product development. Posted Tuesday, June 16, 2026 9:55 am McLEAN, Va. - TEGNA Inc. (NASDAQ: NXST) CEO Patrick Paolini today announced that Kurt Rao has been named executive vice president and chief technology and digital products officer. In this newly created role, Rao will lead the end-to-end strategy and execution for TEGNA's digital products and technology platforms, uniting product management, technology, engineering and operations to deliver local news and information across broadcast, streaming, mobile and digital platforms. "As audience behaviors continue to evolve, innovation must be at the center of everything we do," said Paolini. "Uniting our technology, digital and product organizations creates a stronger, more agile TEGNA - one that can move faster, serve consumers more effectively and position our company for long term growth in an increasingly competitive media landscape." Rao joined TEGNA in 2018 as senior vice president and chief technology officer. In this role, he has been leading TEGNA's digital transformation, overseeing all facets of TEGNA's technology strategy, including the creation and implementation of proprietary AI tools. He has been responsible for next-generation technology solutions in the areas of content, media distribution and advertising insights, while also leading broadcast operations and information technology. "I'm excited to take on this new role," said Rao. "New capabilities and technologies are redefining how we deliver local news. By bringing our broadcast, digital and product teams together, we can adopt these tools quickly and at scale to create better, more engaging experiences for our viewers and advertisers across every platform." Rao is the first officer named to TEGNA's executive leadership team reporting to CEO Patrick Paolini. TEGNA Inc. is a wholly owned subsidiary of Nexstar Media Group, Inc. (NASDAQ: NXST), operating independently of Nexstar consistent with the "Hold Separate Order" issued by the United States District Court for the Eastern District of California on April 17. TEGNA is a multiplatform media company operating 64 local television stations in 51 U.S. markets, and hundreds of websites, mobile and Connected TV (CTV) apps, and Premion, a leading Connected TV and Over-the-Top (OTT) advertising platform. Other items that may interest you E&P Exlusives

Yahoo Finance
May 26th, 2026
Tegna appoints Fox veteran Patrick Paolini as CEO amid blocked $6.2B Nexstar merger

Broadcaster Tegna has appointed Fox Television Stations veteran Patrick Paolini as CEO, effective 1 June, as the company navigates a court order blocking its $6.2 billion merger with rival Nexstar. Paolini brings over three decades of local broadcast experience. He currently serves as executive vice president of advertising sales at Fox Television Stations and previously managed Fox's Washington DC stations WTTG FOX 5 and WDCA FOX 5 Plus. He replaces Mike Steib, former CEO of online art marketplace Artsy. Tegna operates 64 local television stations across 51 US markets. Its proposed merger with Nexstar would create the largest broadcast station group, reaching 80% of American households. Last week, Nexstar requested expedited appeals court review of the blocking order.

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