Tegna Inc

2025-12-31 17:09:14

Calamos Advisors LLC acquired a new position of 1,146,015 shares in TEGNA Inc. ($TGNA) during the third quarter, valued at approximately $23.3 million. This purchase represents about 0.71% of the company, with institutional investors collectively owning roughly 92.19% of the stock. TEGNA recently missed Q3 earnings estimates and carries a "Hold" rating from analysts with a consensus price target of $19.75.

2025-12-31 01:09:14

A coalition of media-justice groups and labor unions has petitioned the FCC to deny the merger of Nexstar Media Inc. with TEGNA Inc., arguing it would create an illegal broadcast conglomerate exceeding the 39-percent audience-reach "National Cap" set by Congress. They contend that the FCC is legally barred from waiving or altering this cap and that the merger would lead to newsroom layoffs, reduced local news competition, and less diversity. The groups emphasize that local television stations are licensed to serve communities and that this transaction lacks the necessary FCC authority to be approved.

2025-12-26 16:09:15

This article scrutinizes the FCC's commitment to the public interest, particularly concerning the proposed Nexstar-TEGNA merger. Deborah Lathen argues that this merger, which would consolidate broadcast ownership beyond statutory limits, threatens increased consumer costs, newsroom consolidation, and local journalism independence. She highlights how Nexstar's actions and potential benefits from the merger contradict its public stance on serving viewers, and raises concerns about the FCC's role in upholding foundational communications law.

2025-12-17 20:33:43

Congresswoman Doris Matsui and other lawmakers have called on the FCC and DOJ to thoroughly scrutinize Nexstar's proposed $6.2 billion acquisition of Tegna, citing concerns about potential antitrust violations and negative impacts on local news. They argue that the merger could lead to increased consumer prices, job losses, and diminished independent journalism by allowing Nexstar to exceed national ownership limits. The group advocates for a transparent review process to ensure public benefit over corporate profits.

2025-12-17 18:08:43

Optimum has strongly criticized Tegna's demands for retransmission fee increases, labeling them "excessive and unjustified." The cable operator highlights Tegna's request for significant fee hikes, including a 30% increase for major network affiliates and a 50% increase for The CW, which Optimum deems "egregious" and "divorced from market reality." Optimum also links these demands to the impending Nexstar-Tegna merger, arguing that broadcaster consolidation leads to higher prices for consumers.

2025-12-17 11:08:43

Analysts have given TEGNA Inc. (NYSE:TGNA) a consensus "Hold" rating, with an average 1-year price target of $19.75. This comes as the company reported a quarterly EPS miss and a 19.3% year-over-year revenue decline, though it also announced a quarterly dividend. Institutional investors have significantly increased their stakes in TEGNA, now owning 92.19% of the stock.