TEGNA Inc (TGNA)

Competitors to TEGNA Inc (TGNA)

Gray Television 

Gray Television competes with TEGNA primarily through its large collection of television stations that serve various markets across the U.S. Gray has a strong focus on acquiring and consolidating local stations, which gives it a broader reach and enables it to negotiate more favorable advertising rates. Moreover, its emphasis on local content and a diverse revenue model, including digital sales and retransmission consent agreements, presents a considerable challenge to TEGNA's market position. However, TEGNA's established brand and presence in various markets allow it to maintain competitiveness.

Meredith Corporation (now part of Dotdash Meredith)

Meredith Corporation, now a part of Dotdash Meredith, competes with TEGNA primarily through its media assets that include both broadcasting and digital platforms, focusing on lifestyle, home, and entertainment content. While TEGNA emphasizes local news broadcasts, Meredith's strength lies in its expansive magazine and digital content, targeting niche audiences. This diversified approach allows Meredith to reach consumers through various channels, although TEGNA's strong foothold in the television landscape and local news gives it a competitive edge, particularly in regions where broadcast content remains a preferred medium.

Nexstar Media Group 

Nexstar Media Group competes with TEGNA Inc through its extensive portfolio of television stations nationwide, offering local news, entertainment, and sports programming. Both companies focus heavily on local broadcasting; however, Nexstar has expanded rapidly through acquisitions, which has allowed it to build a stronger national presence. In addition, Nexstar's diversified revenue streams, which include political advertising and digital media, provide it with a competitive edge in terms of financial stability and growth opportunities.

Sinclair Broadcast Group 

Sinclair Broadcast Group is a major competitor of TEGNA, operating numerous television stations across the United States and focusing on local market news and content. Sinclair leverages its national distribution network to create synergies and efficiencies through centralized content production and advertising sales, allowing for potentially higher profit margins. While TEGNA has a robust portfolio of local stations, Sinclair's aggressive acquisition strategy and significant scale in the broadcasting space position it as a formidable competitor.

Tribune Publishing

Tribune Publishing competes with TEGNA primarily in the realm of local news media, particularly through its newspapers and online platforms. With a strong commitment to local journalism and community engagement, Tribune seeks to capture the advertising dollars that local businesses allocate for marketing. While TEGNA operates primarily in television broadcasting, Tribune's focus is more on print and digital news delivery. Despite this difference, both companies are vying for the same local advertising markets and audience attention, making their competition closely aligned. TEGNA's video content and broader broadcasting capabilities, however, generally provide it with an advantage.