TYSONS, Va. Tegna has announced that Tegna's merger agreement with an affiliate of Standard General L.P. has been terminated and that it is planning a $300 million accelerated share repurchase ( ASR ) program and a 20 percent increase in its quarterly dividend.
Tegna: Merger Agreement with Standard General Is Terminated
23/05/2023
TYSONS, Va. Tegna has announced that Tegna's merger agreement with an affiliate of Standard General L.P. has been terminated and that it is planning a $300 million accelerated share repurchase ( ASR ) program and a 20 percent increase in its quarterly dividend.
| LINK: | https://www.tvtechnology.com/news/tegna-merger-agreement-with-standard... |
| See more stories from tvtechnology |
More from TV Technology
27/09/2023
Writers Strike Officially Ends
The writers strike that began in early May has officially ended, with members of WGA's boards on the east and west coasts unanimously voting to end the stri...
27/09/2023
Anna Gomez Officially Joins FCC
WASHINGTON The FCC is back at full strength this week as Anna Gomez was sworn in as commissioner. Gomez's nomination was approved by the Senate this month a...
27/09/2023
Ateme Joins Akamai Qualified Computing Partner Program
CAMBRIDGE, Mass. Akamai Technologies Inc. has announced that Ateme is the latest organization to join the Akamai Qualified Computing Partner Program....
27/09/2023
FCC Proposes Reviving Net Neutrality
Nearly six years after the FCC repealed net neutrality, the commission is preparing to revive the concept, which regulates the internet to ensure equal access t...
27/09/2023
FCC Proposal to Revive Net Neutrality Gets Mixed Reviews
FCC chair Jessica Rosenworcels proposal to revive net neutrality rules produced mixed, mostly predictable, reactions from consumer and industry groups with the ...
26/09/2023
NBA 2022-23 Season Scored 100M Unique Viewers in India
MUMBAI, India As the NBA 2023-2024 season gets set to start in October, the league, which has made international expansion a key priority, has issued data showi...
26/09/2023
NCTC Partners with TONE Networks
OVERLAND PARK, Kan. & NEW YORK The NCTC has announced a partnership with TONE Networks that will give its members access to a micro-coaching and mentorship prog...
26/09/2023
Tegna Grows Unique Viewers on Social Media
New data from Tubular Labs shows that in August of 2023, Tegna's unique U.S. viewers grew by 43% month-over-month across Facebook and YouTube, partly due to...
25/09/2023
FCC Appoints New Chief Economist
WASHINGTON, D.C. Federal Communications Commission chairwoman Jessica Rosenworcel has announced the appointment of Dr. Johannes M. Bauer as chief economist for ...
25/09/2023
Rick Cordella Named President Of NBC Sports
NEW YORK NBCUniversal has promoted Rick Cordella to the role of president, NBC Sports, where he will report into Mark Lazarus, chairman, NBCUniversal Media Grou...
25/09/2023
TV Tech Talk: Content Management & Monetization
Today's consumers have an increasing array of choices when it comes to consuming media and broadcasters are uniquely positioned to attract more viewers than...
23/09/2023
ESPN Fantasy Football Hits Record 12M Players
BRISTOL, Conn. ESPN has announced that ESPN Fantasy Football has set a new all-time record for participation with more than 12 million people playing the game i...
23/09/2023
ESPN+ to Stream 30+ Preseason NHL Games
ESPN has announced that NHL action will return to ESPN+ on Saturday, September 23, beginning more than 30 live National Hockey League preseason, out-of-market g...
22/09/2023
Charter, Qualcomm Unveil Next-Gen Advanced Wifi Router
STAMFORD, Conn. Charter Communications, Inc. and Qualcomm Technologies, Inc. have announced that they are working on a next-generation Advanced WiFi router that...
22/09/2023
Amazon to Expand Advertising on Prime Video
SEATTLE Following a streaming industry-wide trend towards inundating viewers with more advertising on streaming media, Amazon's Prime Video has announced pl...
22/09/2023
Amazon Brings Generative AI to the Fire TV Experience
SEATTLE Amazon has unveiled its most powerful Fire TV Sticks and has brought generative AI technologies to its Fire TV family with the introduction of enhanced ...
22/09/2023
AMG's Local Now Adds 19 Local and National NBCU Channels
ATLANTA The Allen Media Group digital platform Local Now has expanded its partnership with NBCUniversal by launching 19 new free ad-supported television (FAST) ...
21/09/2023
CTA: CES 2024 Attendance on Track to Surpass CES 2023
ARLINGTON, Va. The Consumer Technology Association has announced that they are seeing strong interest in CES 2024 and that the show is on track to surpass CES 2...
21/09/2023
Study: CTV Viewers Pay More Attention to Streaming Ads Than Linear TV Ads
MOUNTAIN VIEW, Calif. A new study has dived into the question of how much attention viewers pay to ads on connected TVs and found that viewers tend to pay more ...
21/09/2023
TelevisaUnivision Renews AdImpact Deal
ALEXANDRIA, Va. AdImpact has announced that TelevisaUnivision has renewed its deal to license political spending and competitive tracking tools from AdImpact fo...
21/09/2023
Paramount+ to Launch In Japan
TOKYO Paramount has announced that its streaming service Paramount+ will be launching in Japan on Dec. 1 on J:COM, one of Japans top cable television operators ...
21/09/2023
Global AVOD Revenues To Reach $69 Billion By 2029
HARROW, U.K. The growth of AVOD revenues for TV series and movies is beginning to slow, but despite the deceleration will reach $69 billion worldwide by 2029, a...
20/09/2023
MSG+ Expands Purchase Options to Include Single Games
NEW YORK In the run-up to the start of the 2023-24 NHL and NBA seasons, MSG Networks announced that its new streaming product MSG+ has expanded the way users ca...
20/09/2023
Library of American Broadcasting Foundation Unveils 2023 Giants of Broadcasting & Electronic Arts Award Recipients
NEW YORK The Library of American Broadcasting Foundation (LABF) has annuounced i...
20/09/2023
ESPN App, ESPN+ Launch on Vizio
IRVINE, Calif. Vizio has announced the ESPN App, including ESPN+, the No. 1 U.S. sports streaming platform, is now available to millions of Vizio users on its S...
20/09/2023
Traditional TV Viewing Roars Back in August
NEW YORK After dipping to record lows in August, traditional TV viewership gained ground in August, as broadcast and cable each bounced back to combine for 50.6...
20/09/2023
IBC2023 Grows to 43,065 Attendees, 1,250 Exhibitors
AMSTERDAM As IBC2023 wrapped up on Sept. 19, the organizers reported that attendance was up 16% from last year to 43,065 attendees from 170 countries and that t...
20/09/2023
Riedel Names Costa Nikols VP of Sales Enablement
WUPPERTAL, Germany Riedel Communications has announced that Costa Nikols has joined the company as vice president of sales enablement for the global team....
20/09/2023
LG Unveils New Version of LG Channels
ENGLEWOOD CLIFFS, N.J. LG Electronics has introduced LG Channels 3.0, the latest version of its exclusive, free streaming service. Featuring a new UI with impro...
20/09/2023
Max to Launch Live Sports Tier
Max and Warner Bros. Discovery Sports have announced that they will be making live sports available on the Max streaming service as an add-on tier priced at $9....
19/09/2023
Intelsat Launches New Broadcast Connectivity Service
MCLEAN, Va. Intelsat has announced a new content distribution system that will use the internet to transport quality video content around the globe....
19/09/2023
For Content Personalization, Taste' Is All in the Data
The applications may seem innocuous when they suggest new programs for you to watch, but content personalization/recommendation engines are truly powerful platf...
19/09/2023
ESPN App and ESPN+, Launch on Vizio
IRVINE, Calif. Vizio has announced the ESPN App, including ESPN+, the No. 1 U.S. sports streaming platform, is now available to millions of Vizio users on its S...
19/09/2023
Vegas Creative Software Launches New Pricing Model
MADISON, Wisc. Vegas Creative Software has announced what it is billing as an industry-first new pricing model called Vegas Pro 365+ that combines the best of b...
19/09/2023
CBS-Owned KCAL-TV to Air Six LA Kings Games
LOS ANGELES In another example of major sports moving to local broadcasters in the wake of the turmoil in the regional sports business, the LA Kings have releas...
19/09/2023
Amagi Integrates Tellyo's Toolset
AMSTERDAM In a significant move to bolster its digital video capabilities, Amagi is partnering with Tellyo to offer enhanced live video streaming and editing ex...
18/09/2023
Parks: Household Spending on Streaming Subscriptions Slumps
DALLAS As streaming companies jack up prices in the hopes of staunching large losses, consumers seem to be also watching their pennies by significantly reducing...
18/09/2023
Sling TV Relaunches Disney Star Channels
ENGLEWOOD, Colo. Sling TV has relaunched Disney Star, a major provider of popular South Asian programming as part of the Sling South Asian offering of linear ch...
18/09/2023
DirecTV, Nexstar Temporarily End Blackout
EL SEGUNDO, Calif. & IRVING, Texas In a move that indicates DirecTV and Nexstar Media may be close to resolving their longstanding carriage dispute, DirecTV and...
16/09/2023
Diamond Sports Renews Los Angeles Kings Deal
LOS ANGELES Diamond Sports Group and the Los Angeles Kings ( LA Kings ) have announced a new, multi-year market and digital rights agreement that ensures Diamon...
16/09/2023
Sinclairs Mark Aitken Named SMPTE Fellow
BALTIMORE Mark Aitken, senior vice president of advanced technology at Sinclair, and president of ONE Media 3.0, has been named a Fellow of the Society of Motio...
16/09/2023
IBC2023: Grass Valley Announces Significant Investments in SDI/IP Infrastructure Processing
MONTREAL During IBC2023, Grass Valley will be demonstrating how the company'...
15/09/2023
TVB Announces TVB Next, TVB DEI Awards
NEW YORK Winners of the 2023 TVB Next and TVB DEI Leadership Awards were announced at TVB's live Executive Summit as part of this year's hybrid Forward ...
15/09/2023
Ukraine News Teams Rely on Dejero for Connectivity in War Coverage
WATERLOO, Ontario Dejero has announced that award-winning production company, i&u TV Produktion is relying on Dejero EnGo mobile video transmitters and Dejero&#...
15/09/2023
Study Examines Streaming Habits of Hispanics
TORONTO With a growing body of data showing that Hispanics use streaming services at higher rates than the general population, a new study from App Science take...
15/09/2023
Octopus Introduces the Octopus 12 Web Client
Octopus has announced that it has introduced the new Octopus Web Client. It provides an intuitive and user-friendly design that allows users access to the most ...
15/09/2023
Nielsen Names New CEO
NEW YORK Nielsen has announced that Karthik Rao has been named CEO and that David Kenny, who has served as CEO since 2018, will assume the role of executive cha...
15/09/2023
Dolby.io and Play Anywhere Partner on Sports Streaming
NEW YORK Dolby.io and Play Anywhere have announced that they are developing a combined solution that will deliver low latency and interactive experiences for li...
15/09/2023
ARRI Introduces Modular SkyPanel X
MUNICH ARRI has announced the launch of SkyPanel X, a new, all-weather LED luminaire that is the latest addition to the SkyPanel family....
15/09/2023
AI-Media to Showcase Subtitling Innovation at IBC2023
BROOKLYN, N.Y. AI-Media, a provider of live captioning & subtitling, transcription, and translation solutions, has announced that it will be exhibiting at IBC20...
