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The Latest Breaking News from Tegna

NAB’s LeGeyt: FCC’s Merger Review Process Puts Local Media “in Jeopardy”

LeGeyt said the FCC’s lengthy review of the Tegna deal hurts investment in local media and sets back media diversity

TV Tech

After Financing Expires and His Bid for Tegna Dies, Standard General’s Soo Kim Will Seek Answers

‘If it could happen to us, it could happen to anybody,’ managing partner says

Broadcasting & Cable

Court Denies Appeal To Force FCC Decision on Standard General-Tegna Deal

Ruling appears likely to kill $8.6 billion station-group acquisition

Broadcasting & Cable

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Guest Blog: FCC Was Right To Not Greenlight Standard General-Tegna Deal at Expense of Local News

NABET-CWA chief says decision to designate merger for review is a matter of due process

Broadcasting & Cable

Standard General-Tegna Up Deal Commitment Ante

Pledge no newsroom job cuts for three years, even more investment in news

Multichannel News

Standard General Makes Additional Commitments to Unions in Tegna Deal

Promises TNG and NABET additional job protections, no layoffs and increased news budgets at Tegna stations

TV Tech

Standard General Files Brief Asking Court To Force FCC To Rule on Tegna Deal

Broadcasters want decision by April 28, before financing expires May 22

Broadcasting & Cable

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Standard General Urges Appeals Court to Force FCC Vote on Tegna Deal

The court must “compel the FCC to follow its own procedural norms by putting the deal to a vote,” said Standard General’s Soo Kim

TV Tech

Unions Oppose Latest Standard General-Tegna Legal Move

Merger opponents say writ is last-ditch effort based on artificial deadline

Multichannel News

GOP Lawmakers Criticize FCC Handling of Tegna Deal

Senator Cruz and Representative McMorris Rodgers said FCC’s decisions “raised questions about the Commission’s fairness”

TV Tech

O’Rielly: FCC Shows Horrific Treatment of Standard General-Tegna Deal

Former commissioner says agency’s hearing designation order skews due process

Broadcasting & Cable

One of Standard General’s Appeals of FCC’s Media Bureau Action Is Dismissed

Effort to make FCC approve license transfer to be decided after April 14

Multichannel News

Standard General, CMG Blast FCC for Delays in Approving Tegna Deal

The FCC has made “no attempt to expedite the process,” lawyers claimed in a filing with the D.C. Court of Appeals

TV Tech

Unions Oppose Expedited Court Review of FCC’s Standard General-Tegna Decision

Say it is not an appealable final order

Multichannel News

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Broadcasting & Cable

Democratic Adviser Cedric Richmond Rips Into FCC’s Standard General-Tegna Order

Says regulator is caving to special interests and out of step with Biden diversity efforts

TV Tech

Tegna Deal: Standard General Files Lawsuit Against FCC

Wants the court to review Media Bureau decision that could kill its $8.6B acquisition of Tegna

Broadcasting & Cable

Standard General Asks Court To Review FCC Media Bureau’s Move To Kill Tegna Deal

Financing for $8.6 billion merger expires May 22

Broadcasting & Cable

Standard General’s Soo Kim: FCC Hearing Designation Is Tegna Deal ‘Kill Shot’

Managing partner hammers commission over ‘evading’ vote

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news in one place.

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Multichannel News

Standard General Makes Formal Appeal to FCC on Tegna Deal

Claims Media Bureau’s hearing order will torpedo largest minority-owned, female-led TV company

Chicago Tribune

Commentary: Due process denied: FCC Media Bureau kills diverse media ownership

I believe in the power of local news. Strengthening American democracy depends on more engaged and informed citizens at the local level. But in today’s fractured media environment, there are fewer credible options for consumers to turn to for their news. Local broadcast news can help fill this void.

StockNews.com

2 Entertainment Stocks to Buy This Week and 1 to Sell

The entertainment industry has been evolving quickly, thanks to growing technological advancements and pandemic-led behavioral changes. Hence, it could be wise to buy fundamentally sound entertainment stocks TEGNA (TGNA) and Lee Enterprises (LEE) to capitalize on the industry’s tailwinds. However, given the macroeconomic headwinds, the struggling stock Warner Bros. (WBD)…

Investors Business Daily

IBD Screen Of The Day: Media And Storage Stocks Hit New Highs

Wednesday's IBD Screen of the Day searches for stocks with relative strength lines at new highs. Media company Tegna (TGNA) and portable space company WillScot Mobile Mini Holdings (WSC) are making new highs and approaching buy points on their charts. True Crime Network Tegna is a broadcast and digital media…

Benzinga

Tegna's Return On Capital Employed Insights

Pulled from Benzinga Pro data, Tegna (NYSE:TGNA) posted Q1 earnings of $134.29 million, an increase from Q4 of 3.45%. Sales dropped to $774.12 million, a 0.07% decrease between quarters.

Benzinga

5 Value Stocks In The Communication Services Sector

Understanding Value Stocks A value stock is traditionally defined in terms of how investors in the marketplace are valuing that company's future growth prospects. Low P/E multiples are good base indicators that the company is undervalued and can most likely be labelled as a value stock.

Benzinga

Tegna Tops Q1 Aided By AMS, Political Revenue; Margin Expands

TEGNA Inc (NYSE:TGNA) reported first-quarter FY22 revenue growth of 6.5% year-on-year to $774.1 million, beating the consensus of $772 million. A record AMS revenue and growth in political revenue drove the results. Subscription revenue of $391.7 million was up 1.3% Y/Y. AMS revenue was $354.5 million, up 9.8% Y/Y. Political revenue was up…

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