TEGNA Update on DISH Negotiations
October 09 2015 - 11:04PM
Business Wire
TEGNA Inc. (NYSE: TGNA) tonight issued the following
statement:
“TEGNA has worked hard over the course of months to reach a deal
with DISH. Our position has been simple: the same fundamental terms
that allowed us to reach deals with distributors nationwide should
serve as the basis for our deal with DISH. Rather than accepting
that fair, market-based approach DISH has refused to reach an
agreement and once again is preventing its customers from accessing
valued channels, even as customers continue to pay for that
content. Despite DISH’s repeated efforts to blame programmers, the
record is crystal clear – DISH is a serial dropper of channels. It
has been responsible for the largest broadcast blackout in history
and routinely drops valued cable and broadcast channels. TEGNA, on
the other hand, has never been in this position before because we
have always been able to reach fair agreements with distributors
without disrupting our viewers."
About TEGNA
TEGNA Inc. (NYSE: TGNA), formerly Gannett Co., Inc., is
comprised of a dynamic portfolio of media and digital businesses
that provide content that matters and brands that deliver. TEGNA
reaches more than 90 million Americans and delivers highly
relevant, useful and smart content, when and how people need it, to
make the best decisions possible. TEGNA Media includes 46
television stations (including those serviced by TEGNA) and is the
largest independent station group of major network affiliates in
the top 25 markets, reaching approximately one-third of all
television households nationwide. TEGNA Digital is comprised of
Cars.com, the leading online destination for automotive consumers,
CareerBuilder, a global leader in human capital solutions, and
other powerful brands such as G/O Digital, Cofactor, Clipper and
Sightline Media Group. For more information, visit
www.TEGNA.com.
View source
version on businesswire.com: http://www.businesswire.com/news/home/20151009006011/en/
TEGNA Inc.For media inquiries:Jeremy Gaines, Vice
President, Corporate Communications,
703-854-6049jmgaines@TEGNA.comFor investor inquiries:Jeffrey
Heinz, Vice President, Investor Relations,
703-854-6917jheinz@TEGNA.com
TEGNA (NYSE:TGNA)
Historical Stock Chart
From Mar 2024 to Apr 2024
TEGNA (NYSE:TGNA)
Historical Stock Chart
From Apr 2023 to Apr 2024