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The Latest Breaking News from Standard General

Tegna Earnings Down 65% Amid Absence of Political Ads

DirecTV blackout cuts into distribution revenue

Broadcasting & Cable

TV in 2023: Transition or Transformation?

Between Hollywood strikes, changing viewer habits and concerns over AI, the past year showed an industry deep in rapid evolution

TV Tech

Tegna Gets 8.6 Million Shares From Standard General

Broadcaster sets $300 million accelerated share-repurchase deal with JPMorgan Chase after takeover bid fails

Broadcasting & Cable

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Tegna: Standard General Deal Has Been Terminated

Points to $136 million breakup fee in announcement of share repurchase plan

Multichannel News

Tegna: Merger Agreement with Standard General Is Terminated

Announces $300 Million share repurchase agreement following termination of the merger agreement

TV Tech

Hedge funds want to control your local news–but democracy is getting in the way

Hedge funds are furious over the FCC's decision to block the takeover of TEGNA, the nation's second-largest local broadcast station owner.

Fortune

Sen. Elizabeth Warren Advises FCC to Keep Vetting Standard General-Tegna

Massachusetts Democrat signals that the public interest demands no less

Broadcasting & Cable

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Why Standard General’s Proposed Tegna Merger Hurts Our Democracy (Guest Blog)

Hedge funds’ bottom-line mindset leads to less-robust local news operations, Common Cause VP says

Broadcasting & Cable

Standard General Tries, Tries Again With FCC on Tegna Deal

Grabs at what it calls suggestion FCC could find way to ‘yes’ on station-group merger

Multichannel News

Standard General Makes New Tegna Commitments in Runup to Crucial FCC Meeting

Will meet with FCC on May 18 in a last ditch effort to resolve issues with Tegna deal

TV Tech

Congress Asks FCC IG to Investigate Rosenworcel Over Standard General-Tegna Deal

Members from both sides of the aisle suggest delay could be motivated by bias

TV Tech

Republicans Push for IG Investigation Into FCC Handling of Tegna Deal

Question motivation for Media Bureau move

Multichannel News

Parties Spar at FCC as Standard General-Tegna Financing Deadline Looms

Former FCC, FTC chairs employed to pitch deal decision

Multichannel News

Tegna Reports Lower Q1 Earnings As Standard General Deal Nears Expiration

Revenue down 4.4%

Broadcasting & Cable

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TV Tech

Standard General Makes Renewed Diversity Commitments; Enlists More Support for Tegna Deal

Civil rights groups and NYC mayor Adams urge FCC to quickly review the acquisition as it faces a May 22 financial deadline

Broadcasting & Cable

Let the Expert Regulators Investigate the Tegna Deal

Questions raised make FCC right to refer Standard General’s acquisition for hearing

TV Tech

FCC Administrative Judge Suspends Hearing on Tegna Deal

Presiding judge suspended hearing because process would go beyond the May 22 deadline for the deal to be approved

Multichannel News

FCC Judge Suspends Standard General-Tegna Review

Says, in effect, why start the process if deal may crater anyway

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TV Tech

Standard General Turns Up Heat on FCC as Deadline for Merger Approval Nears

Station group recruits FCC commissioners, Sen. Bob Menendez and civil rights groups to voice support for Standard-General TEGNA Deal

Multichannel News

Standard General Flags Fans of Tegna Deal as Deadline Approaches

Cites critics high-profile of FCC process and supporters of merger

TV Tech

NAB’s LeGeyt: FCC’s Merger Review Process Puts Local Media “in Jeopardy”

LeGeyt said the FCC’s lengthy review of the Tegna deal hurts investment in local media and sets back media diversity

Broadcasting & Cable

After Financing Expires and His Bid for Tegna Dies, Standard General’s Soo Kim Will Seek Answers

‘If it could happen to us, it could happen to anybody,’ managing partner says

Broadcasting & Cable

Court Denies Appeal To Force FCC Decision on Standard General-Tegna Deal

Ruling appears likely to kill $8.6 billion station-group acquisition

Broadcasting & Cable

Guest Blog: FCC Was Right To Not Greenlight Standard General-Tegna Deal at Expense of Local News

NABET-CWA chief says decision to designate merger for review is a matter of due process

Multichannel News

Standard General-Tegna Up Deal Commitment Ante

Pledge no newsroom job cuts for three years, even more investment in news

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