TEGNA, Inc. engages in the provision of media services. It offers TEGNA Marketing Solutions, a one-stop shop that helps businesses through a suite of services and solutions that reach consumers across television, email, social and over-the-top (OTT) platforms, including Premion, TEGNA's OTT advertising service. The company was founded by Frank E. Gannett in 1906 and is headquartered in Tysons, VA.
Changes in economic conditions in the U.S. markets we serve may depress demand for our products and services
Competition from alternative forms of media may impair our ability to grow or maintain revenue levels in traditional and new businesses
We are impacted by advertising revenues, which, in turn, depend on a number of factors, some of which are cyclical and many of which are beyond our control
The value of our assets or operations may be diminished if our information technology systems fail to perform adequately
Our efforts to minimize the likelihood and impact of adverse cybersecurity incidents and to protect our technology and confidential information may not be successful and our business could be negatively affected
We operate our business in a single broadcast segment, which increases our exposure to the changes and highly competitive environment of the broadcast industry.
Changes in the regulatory environment could increase our costs or limit our opportunities for growth
There could be significant liability if the spin-off of either the publishing businesses or Cars.com were determined to be a taxable transaction
Volatility in the U.S. credit markets could significantly impact our ability to obtain new financing to fund our operations and strategic initiatives or to refinance our existing debt at reasonable rates and terms as it matures
The value of our existing intangible assets may become impaired, depending upon future operating results
Our strategic acquisitions, investments and partnerships could pose various risks, increase our leverage and may significantly impact our ability to expand our overall profitability