MCLEAN, Va.--(BUSINESS WIRE)--Oct. 26, 2017--
TEGNA Inc. (NYSE: TGNA) supports FCC Chairman Ajit Pai’s proposal to
modernize broadcast media ownership rules.
“We commend Chairman Pai for acknowledging the realities of the modern
video and media marketplace, and for planning updates to broadcast
ownership rules enacted in the last century before the internet became
ubiquitous. Localism and local journalism will be greatly enhanced by
allowing broadcast station owners to combine duplicative resources, and
our local consumers will benefit if stations have the scale necessary to
compete with massive distribution and technology companies who don’t
share our local values and mandates,” said Dave Lougee, president and
CEO, TEGNA Inc.
TEGNA Inc. (NYSE: TGNA) is an innovative media company that serves the
greater good of our communities. With 46 television stations in 38
markets, TEGNA delivers relevant content and information to consumers
across platforms. It is the largest owner of top 4 affiliates in the top
25 markets, reaching approximately one-third of all television
households nationwide. Each month, TEGNA reaches 50 million adults
on-air and 34 million across its digital platforms. TEGNA has been
consistently honored with the industry’s top awards, including Edward R.
Murrow, George Polk, Alfred I. DuPont and Emmy Awards. TEGNA delivers
results for advertisers through unparalleled and innovative solutions
including OTT local advertising network Premion,
centralized marketing resource Hatch, and G/O
Digital, a one-stop shop for local businesses to connect with
consumers through digital marketing. Across platforms, TEGNA tells
empowering stories, conducts impactful investigations and delivers
innovative marketing solutions. For more information, visit www.TEGNA.com.
View source version on businesswire.com: http://www.businesswire.com/news/home/20171026006260/en/
Source: TEGNA Inc.
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