TEGNA and FOX Renew Affiliation Agreement
October 28 2019 - 7:30AM
Business Wire
TEGNA Inc. (NYSE: TGNA) and Fox Corporation (Nasdaq: FOXA, FOX)
(“FOX”) today announced a comprehensive, multi-year deal that
renews station affiliation agreements for six TEGNA markets,
including three stations acquired last month from Nexstar Media
Group.
The new agreement includes full carriage of the FOX broadcast
network, including the NFL on FOX, the MLB World Series, WWE Friday
Night SmackDown, The Masked Singer, 9-1-1 and Prodigal Son. The
deal also covers continued carriage of TEGNA’s Fox affiliates’
local station programming on all major streaming platforms.
“TEGNA and FOX have a longstanding partnership in serving our
communities with the highest caliber local and network
programming,” said Dave Lougee, president and CEO, TEGNA. “This new
multi-year agreement allows our viewers and advertisers continued
access to premium content such as NFL football and award-winning
local news, weather and sports.”
Michael Biard, president of operations and distribution for FOX
added, “We are pleased to expand our relationship with TEGNA across
its growing FOX footprint. We look forward to providing our joint
viewers with leading sports and entertainment programming from FOX,
this season’s top broadcast network.”
The agreement includes renewals for these TEGNA-owned FOX
affiliates: KXVA in Abilene, TX; WPMT in Harrisburg, PA.; WTIC in
Hartford, CT; WZDX in Huntsville, AL; KIDY in San Angelo, TX; and
KMSB in Tucson, AZ.
About TEGNA
TEGNA Inc. (NYSE: TGNA) is an innovative media company that
serves the greater good of our communities. Across platforms, TEGNA
tells empowering stories, conducts impactful investigations and
delivers innovative marketing solutions. With 62 television
stations and four radio stations in 51 markets, TEGNA is the
largest owner of top 4 affiliates in the top 25 markets among
independent station groups, reaching over 38 percent of all
television households nationwide. TEGNA also owns leading multicast
networks Justice Network and Quest. TEGNA Marketing Solutions (TMS)
offers innovative solutions to help businesses reach consumers
across television, email, social and over-the-top (OTT) platforms,
including Premion, TEGNA’s OTT advertising service. For more
information, visit www.TEGNA.com.
About Fox Corporation
Fox Corporation produces and distributes compelling news, sports
and entertainment content through its iconic domestic brands
including: FOX News Media, FOX Sports, FOX Entertainment and the
FOX Television Stations. These brands hold cultural significance
with consumers and commercial importance for distributors and
advertisers. The breadth and depth of our footprint allows us to
deliver content that engages and informs audiences, develops deeper
consumer relationships and creates more compelling product
offerings. FOX maintains an impressive track record of news,
sports, and entertainment industry success that will shape our
strategy to capitalize on current strengths and invest in new
initiatives. For more information about Fox Corporation, please
visit www.FoxCorporation.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20191028005402/en/
For Fox media inquiries, contact: Megan Klein Senior Vice
President, Corporate Communications 310-369-1363
Megan.klein@fox.com
For TEGNA media and investor inquiries, contact: Anne
Bentley Vice President, Corporate Communications 703-873-6366
abentley@TEGNA.com
John Janedis, CFA Senior Vice President, Capital Markets &
Investor Relations 703-873-6222 jjanedis@TEGNA.com
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