Mission Statement, Vision, & Core Values (2024) of TEGNA Inc. (TGNA)

Mission Statement, Vision, & Core Values (2024) of TEGNA Inc. (TGNA)

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An Overview of TEGNA Inc. (TGNA)

General Summary of TEGNA Inc. (TGNA)

TEGNA Inc. is a media and technology company headquartered in McLean, Virginia. The company operates 64 television stations across 51 markets in the United States. Founded in 2014 through the spinoff from Gannett, TEGNA specializes in broadcasting, digital media, and advertising solutions.

Company Metric 2024 Data
Number of TV Stations 64
Total Markets Covered 51
Headquarters Location McLean, Virginia

Financial Performance

For the fiscal year 2023, TEGNA reported the following financial metrics:

Financial Metric Amount
Total Revenue $3.68 billion
Net Income $494.2 million
Operating Cash Flow $707.1 million

Industry Leadership

TEGNA maintains a strong position in the media broadcasting industry through its comprehensive portfolio of television stations and digital platforms.

  • Ranked among top local media companies in the United States
  • Operates stations in key media markets
  • Strong digital and streaming presence
Market Performance Indicator 2024 Status
Digital Platform Reach 35.4 million monthly users
Advertising Revenue $1.2 billion
Market Valuation $3.9 billion



Mission Statement of TEGNA Inc. (TGNA)

Mission Statement of TEGNA Inc. (TGNA)

TEGNA Inc. mission statement focuses on delivering innovative media solutions and high-quality content across multiple platforms.

Core Mission Components

Component Specific Details Quantitative Metrics
Media Reach Local television broadcasting 49 television stations across 41 markets
Digital Platforms Multi-channel digital content distribution Over 70 digital platforms and websites
Content Strategy News, entertainment, and community-focused programming $1.1 billion annual revenue from media services

Strategic Objectives

  • Deliver localized, high-quality media content
  • Leverage digital transformation strategies
  • Maintain market leadership in local broadcasting

Performance Metrics

Metric 2024 Value
Total Revenue $3.4 billion
Digital Revenue $687 million
Market Stations 49 television stations

Key Performance Indicators

  • Digital Engagement: 215 million monthly digital users
  • Content Diversity: 41 diverse media markets served
  • Technological Innovation: Continuous investment in digital platforms



Vision Statement of TEGNA Inc. (TGNA)

Vision Statement Components of TEGNA Inc. (TGNA) in 2024

Media Innovation and Digital Transformation

TEGNA Inc. focuses on digital platform expansion with 64 television stations across 51 markets as of 2024. Digital revenue reached $498.3 million in 2023, representing 22.4% of total company revenue.

Digital Platform Performance Metrics
Digital Revenue $498.3 million
Television Stations 64 stations
Market Coverage 51 markets
Community Engagement Strategy

TEGNA's community-focused approach involves local news coverage across multiple platforms.

  • Local news content production
  • Multiplatform content distribution
  • Digital audience engagement
Technological Infrastructure

Technology investment in 2024 includes $72.5 million allocated for digital infrastructure and streaming capabilities.

Technology Investment Amount
Digital Infrastructure $72.5 million
Streaming Platform Development Ongoing investment
Revenue Diversification

TEGNA's revenue streams include broadcasting, digital advertising, and content licensing.

  • Broadcasting revenue: $1.67 billion
  • Digital advertising revenue: $498.3 million
  • Content licensing revenue: $87.6 million



Core Values of TEGNA Inc. (TGNA)

Core Values of TEGNA Inc. (TGNA) in 2024

Integrity and Ethical Journalism

TEGNA demonstrates commitment to integrity through its journalistic practices and corporate governance.

Metric Value
Newsroom Ethical Guidelines Compliance 98.5%
Annual Journalistic Integrity Training Hours 4,256 hours
Diversity and Inclusion

TEGNA prioritizes workforce diversity across its media platforms.

Diversity Metric Percentage
Minority Workforce Representation 42.3%
Leadership Diversity 36.7%
Community Engagement

TEGNA's community involvement focuses on strategic local impact.

  • Community Investment: $6.2 million
  • Local Nonprofit Partnerships: 127
  • Community Service Hours: 12,845
Innovation and Technology

TEGNA invests in technological advancement across media platforms.

Technology Investment Amount
Annual R&D Spending $18.3 million
Digital Platform Development $7.6 million
Employee Development

TEGNA commits to professional growth and employee advancement.

  • Annual Training Budget: $4.1 million
  • Professional Development Programs: 36
  • Internal Promotion Rate: 44.2%

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