About Tegna
Tegna is a company based in Mclean (United States) founded in 1926 was acquired by Nexstar Broadcasting in August 2025.. The company has 5,900 employees as of December 31, 2024. Tegna has completed 15 acquisitions, including 10TV, 5News and 97.1 The Fan. Tegna offers products and services including Local News Services, Streaming TV Advertising, and Digital Content Solutions. Tegna operates in a competitive market with competitors including Xponential Fitness, Forum Brands, Carnival Corporation, Wasserman and Pico Group, among others.
- Headquarter Mclean, United States
- Employees 5900 as on 31 Dec, 2024
- Stage Public
-
Sectors
Business Services
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Tegna Inc
-
Annual Revenue
$3.1 B6.56as on Dec 31, 2024
-
Net Profit
$597.54 M26.01as on Dec 31, 2024
-
EBITDA
$901.71 M22.85as on Dec 31, 2024
-
Latest Funding Round
$1.1 B (USD), Debt – Conventional
Sep 13, 2019
-
Investors
Apollo Global Management
& 2 more
-
Employee Count
5900
as on Dec 31, 2024
-
Investments & Acquisitions
10TV
& 14 more
- Acquired by
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
IPO & Listings of Tegna
Tegna is a publicly listed company on the NYSE with ticker symbol TGNA in USA, operating in the Consumer services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of Tegna
Tegna offers a comprehensive portfolio of products and services, including Local News Services, Streaming TV Advertising, and Digital Content Solutions. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Delivers trusted local news to inform and engage communities.
Provides brand-safe advertising for reaching audiences on streaming platforms.
Amplifies messages across networks for effective audience targeting.
Unlock access to complete
Unlock access to complete
Software Development Team
94 people
Leadership Team
68 people
Sales and Marketing
58 people
Human Resources and Administration
18 people
Finance and Accounting
18 people
Operations Team
11 people
Senior Team
8 people
Broadcast Team
7 people
Unlock access to complete
Funding Insights of Tegna
- Total Funding Total Funding
- Total Rounds 1
- Last Round Debt – Conventional — $1.1B
-
First Round
First Round
(13 Sep 2019)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2019 | Amount | Debt – Conventional - Tegna | Valuation |
investors |
|
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Tegna
Tegna has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include Apollo Global Management, Nexstar Broadcasting and Standard General. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Buyouts are targeted through private equity investments by the firm.
|
Founded Year | Domain | Location | |
|
-
|
Founded Year | Domain | Location | |
|
Television stations are owned and operated in 62 US markets.
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Tegna
Tegna has strategically engaged in corporate development activities, having acquired 15 companies. Notable acquisitions include 10TV, 5News and 97.1 The Fan. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Online podcast network offering sports content
|
2016 | ||||
|
Radio broadcasting services are provided in Columbus, United States.
|
2009 | ||||
|
News channels are operated by 5News in the United States.
|
2001 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
OVO is recognized as a smart digital payment application.
|
2017 | ||||
|
Bionic investment advisor platform
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 |
Financial Statements - Tegna
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Tegna Comparisons
Competitors of Tegna
Tegna operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Xponential Fitness, Forum Brands, Carnival Corporation, Wasserman and Pico Group, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Branding services are provided to clients by Xponential Fitness.
|
|
| domain | founded_year | HQ Location |
Platform offering brand management solutions
|
|
| domain | founded_year | HQ Location |
Provider of brand design services
|
|
| domain | founded_year | HQ Location |
Digital marketing, branding, and SMM services are offered.
|
|
| domain | founded_year | HQ Location |
Marketing and branding services are provided internationally by Pico Group.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Tegna
Frequently Asked Questions about Tegna
When was Tegna founded?
Tegna was founded in 1926 and raised its 1st funding round 93 years after it was founded.
Where is Tegna located?
Tegna is headquartered in Mclean, United States. It is registered at Mclean, Virginia, United States.
How many employees does Tegna have?
As of Dec 31, 2024, the latest employee count at Tegna is 5,900.
What is the annual revenue of Tegna?
Annual revenue of Tegna is $3.1B as on Dec 31, 2024.
What does Tegna do?
Tegna was founded in 1926 and is headquartered in McLean, United States. Operations focus on the digital media and broadcasting sector, encompassing 46 television stations and associated digital assets, including Cars.com. Monthly reach extends to over 90 million Americans through content delivery and broadcasting services across various platforms.
Who are the top competitors of Tegna?
Tegna's top competitors include Xponential Fitness, Carnival Corporation and Forum Brands.
What products or services does Tegna offer?
Tegna offers Local News Services, Streaming TV Advertising, and Digital Content Solutions.
Is Tegna publicly traded?
Yes, Tegna is publicly traded on NYSE under the ticker symbol TGNA.
How many acquisitions has Tegna made?
Tegna has made 15 acquisitions, including 10TV, 5News, and 97.1 The Fan.
Who are Tegna's investors?
Tegna has 3 investors. Key investors include Apollo Global Management, Nexstar Broadcasting, and Standard General.
What is Tegna's ticker symbol?
The ticker symbol of Tegna is TGNA on NYSE.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.