What is TEGNA?
Local television broadcasting company with $2.71B FY2025 revenue.
- Category
- Local television broadcasting
- Headquarters
- Tysons, VA
- Founded
- 2015
- Employees
- ~5,800
- Revenue
- $2.71B FY2025
- Status
- Acquired by Nexstar in March 2026; no longer independently traded
What is TEGNA?
TEGNA is a local television broadcasting company headquartered in Tysons, VA. As of June 2026, it reports $2.71B FY2025, has ~5,800 employees, and is listed as Acquired by Nexstar in March 2026; no longer independently traded.
TEGNA is a local television broadcasting company headquartered in Tysons, VA. As of June 2026, it reports $2.71B FY2025, has ~5,800 employees, and is listed as Acquired by Nexstar in March 2026; no longer independently traded. The company sells into consumers, advertisers, merchants, banks, venues, or enterprise buyers depending on its vertical, and its public filings make revenue mix and operating scale visible. Its directory profile is written as a seller-facing snapshot, so the most useful facts are the buyer groups, budget owners, revenue model, and market peers.
The current scale signal is $2.71B FY2025 and ~5,800 employees. TEGNA's product surface includes Local TV stations, Premion, Locked On Podcast Network, Local news, and that breadth means vendors should map outreach to the exact business line rather than treating the company as one generic account. Public-company status also means procurement, security, privacy, and finance reviews are more formal than at an early-stage startup.
What does TEGNA offer?
TEGNA's main offerings are Local TV stations, Premion, Locked On Podcast Network, Local news and related services.
- Local TV stations· Core
- Premion· Core
- Locked On Podcast Network· Adjacent
- Local news· Adjacent
- Political advertising· Adjacent
- Retransmission consent· Adjacent
How does TEGNA make money?
TEGNA earns revenue from local and national advertising, political advertising, subscription and retransmission fees, Premion streaming ads, and digital products.
TEGNA earns revenue from local and national advertising, political advertising, subscription and retransmission fees, Premion streaming ads, and digital products. The commercial model is mature enough to support public-company reporting, so revenue is tied to contracted customers, transactions, advertising demand, subscription usage, or distribution fees rather than one-time pilots. Growth usually depends on expanding customer count, increasing usage or volume, attaching more modules, and improving renewal or distribution economics.
Broadcast advertising is sold by market and audience; Premion is campaign-priced connected-TV inventory; distribution fees are negotiated with distributors. Where public prices exist, they are useful entry points for SMB or consumer products; for enterprise, media, payment, or banking deals, terms are negotiated by volume, market, implementation scope, service levels, and risk. For sellers, that means budget discovery should start with the revenue line your product improves: advertising yield, transaction margin, software attach, fraud loss, uptime, or customer acquisition.
Who leads TEGNA?
TEGNA is led by Dave Lougee, President and CEO.
- Dave LougeePresident and CEOCEO since 2017Led TEGNA through its stand-alone public period and Nexstar transaction.
- Victoria HarkerChief Financial OfficerFinance leaderOversaw capital allocation and investor reporting.
- Lynn BeallEVP and COO, Media OperationsOperations leaderLed station operations and local-market execution.
How do you contact TEGNA's leadership?
TEGNA publishes role-based investor or media contacts; personal executive emails are not treated as verified unless published by the company.
investors@tegna.comHow much funding has TEGNA raised?
TEGNA is tracked here as a public-market company: Acquired by Nexstar in March 2026; no longer independently traded, with $2.71B FY2025 reported in its latest annual filing.
TEGNA's capital history is best understood through public-market events rather than private venture rounds. For this page, the relevant funding signal is Acquired by Nexstar in March 2026; no longer independently traded, the latest annual revenue base of $2.71B FY2025, and the company's ability to fund operations through public equity, debt markets, cash flow, or strategic transactions disclosed in SEC filings.
The major capital milestones are listed in the timeline and funding facet instead of invented venture rounds. For sales teams, the practical read is that TEGNA has public-company purchasing processes: larger budgets are available, but buying decisions generally require procurement, security, finance, and legal alignment. The strongest trigger is not a raise; it is an annual report, acquisition, restructuring, product launch, or leadership change that creates a new operating priority.
How did TEGNA get here?
TEGNA's path includes founding, public-market milestones, strategic acquisitions or separations, and its latest annual revenue scale.
- 2015Spun out from GannettTEGNA becomes a separate broadcast and digital company.
- 2019Dispatch and Justice station acquisitionsThe company expands station reach.
- 2021Locked On acquiredTEGNA adds a sports podcast network.
- 2025Nexstar acquisition announcedNexstar agrees to acquire TEGNA for $22 per share.
- 2026Merger closesTEGNA becomes a Nexstar subsidiary.
- 2025$2.71B revenueFinal stand-alone annual filing before acquisition.
Who are TEGNA's competitors?
TEGNA competes with public and private companies across local television broadcasting and adjacent software, media, or payments markets.
- Nexstar Media GroupThe largest U.S. local-TV station group and a retransmission peer.
- SinclairA large station owner with local broadcast, sports, and multicast assets.
- Gray MediaA station group concentrated in local news and mid-sized markets.
- E.W. ScrippsCompetes in local stations, national networks, and political advertising.
TEGNA — frequently asked questions
