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

Are you curious about what drives a media giant like TEGNA Inc.? Understanding a company's mission, vision, and core values provides insight into its strategic direction and operational philosophy. With 64 television stations in 51 U.S. markets, and a reach of over 100 million people monthly, how does TEGNA stay grounded in its purpose?

In 2024, TEGNA reported a total revenue of $3.102 billion, a 7% increase from the previous year, and a net income of $600 million. What principles guide this media and technology company in navigating the evolving landscape and maintaining its commitment to local communities? Read on to explore the foundational elements that shape TEGNA's identity and strategic objectives.

TEGNA Inc. (TGNA) An Overview of

TEGNA Inc. (TGNA), operating as a broadcasting and digital media company, delivers relevant content to audiences across various platforms. As of April 2025, the company focuses on providing news, information, and entertainment through its television stations and digital properties. TEGNA's operations include:

• Broadcasting: Owning and operating television stations affiliated with major networks.
• Digital Media: Managing websites, mobile apps, and other digital platforms that provide local news and information.
• Premion: A connected TV (CTV) advertising platform.

TEGNA's business model revolves around generating revenue through advertising sales, subscription fees, and digital marketing services. For more in-depth information, you can explore: TEGNA Inc. (TGNA): History, Ownership, Mission, How It Works & Makes Money

In the fiscal year 2024, TEGNA reported total revenues of $2.97 billion. A significant portion of this revenue came from subscription revenue, which totaled $1.59 billion. Advertising and marketing services contributed $1.23 billion. While Premion's revenue reached $160 million.

TEGNA stands as one of the leading broadcasting and digital media companies due to its strategic focus on local content and diversified revenue streams. The company's ability to adapt to changing media consumption habits, along with its strong presence in key markets, underpins its success. To understand the strategies and values driving TEGNA's accomplishments, continue reading below.

TEGNA Inc. (TGNA) Mission Statement

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. TEGNA specializes in broadcasting, digital media, and advertising solutions.

TEGNA's mission statement focuses on delivering innovative media solutions and high-quality content across multiple platforms. The company's purpose is to serve the greater good of communities, with values of inclusion, integrity, innovation, impact, and results driving its stations and employees.

TEGNA's mission is supported by the TEGNA Foundation, which supports community programs, invests in the future of the media industry, encourages employee giving, and contributes to various charitable causes. Since 2015, the Foundation has made nearly 4,000 grants totaling approximately $24 million.

Here's a breakdown of the core components of TEGNA's mission:

• Media Reach: Local television broadcasting through 64 stations in 51 markets.
• Digital Platforms: Multi-channel digital content distribution with over 70 digital platforms and websites.
• Content Strategy: Focus on news, entertainment, and community-focused programming.

TEGNA's strategic objectives include:

• Delivering localized, high-quality media content.
• Leveraging digital transformation strategies.
• Maintaining market leadership in local broadcasting.

TEGNA's commitment to these objectives is reflected in its financial performance and digital platform engagement. In 2024, TEGNA reported total company revenue increased 7% to $3,102 million. TEGNA's digital platforms have significant engagement, with over 100 million people reached on an average monthly basis across web, mobile apps, streaming, and linear television.

TEGNA's dedication to serving the greater good is evident in its environmental, social, and governance (ESG) practices. The company integrates ESG considerations into its overall strategy, focusing on social capital, human capital, corporate governance, and the environment. TEGNA strives to create positive societal change through its reporting and commitment to community service.

TEGNA's vision and values are integral to its operations:

• Vision: Building a sustainable future for local news.
• Values: Inclusion, integrity, innovation, impact, and results.

These values drive TEGNA's employees to be a force for positive change, fostering a diverse and inclusive culture where they can make a difference in their work and communities.

TEGNA's financial highlights for 2024 include:

• Total company revenue increased 7% to $3,102 million.
• Political advertising revenue totaled $373 million.
• Adjusted EBITDA increased 25% to $931 million.
• The company returned $356 million to shareholders through share repurchases and dividends.

TEGNA is focused on reinventing content creation and monetization to capture opportunities in both linear TV and digital. CEO Mike Steib emphasized the company's strong balance sheet and industry-leading brands as key factors positioning the company for future growth in the broadcasting sector.

For more insights into TEGNA's financial performance, you can explore Breaking Down TEGNA Inc. (TGNA) Financial Health: Key Insights for Investors.

TEGNA Inc. (TGNA) Vision Statement

To fully understand TEGNA's direction, it's important to examine their mission, vision, and core values. These statements work together to define the company's purpose, aspirations, and the principles that guide their actions. Additionally, you might want to check out this related article: Exploring TEGNA Inc. (TGNA) Investor Profile: Who’s Buying and Why?

TEGNA's mission statement focuses on serving the greater good by empowering the communities they serve. Their dedication to objective storytelling, impactful investigations, and innovative solutions emphasizes their role as a trusted news source and community partner.

• Providing trusted and impactful content.
• Serving the greater good of our communities.
• Driving innovation and growth.

TEGNA's vision is to be the most trusted and innovative content company in the markets they serve. This forward-looking statement emphasizes their commitment to leading the industry through innovation and maintaining the public's trust through reliable content.

TEGNA's core values are the guiding principles that shape their culture and behavior. These values reflect their commitment to integrity, innovation, and community service.

• Integrity: Upholding the highest ethical standards in all actions.
• Innovation: Embracing creativity and new ideas to drive growth.
• Community: Serving the needs of local communities through impactful journalism and service.

While specific financial figures for 2024 are not available, TEGNA's overall financial strategy has been centered on driving revenue through various means, including advertising, subscription, and digital services. They are focused on leveraging their strong market positions and content to maximize profitability.

TEGNA Inc. (TGNA) Core Values of

At the heart of Exploring TEGNA Inc. (TGNA) Investor Profile: Who’s Buying and Why? operations are its core values, which guide its actions and define its culture. These values reflect the company's commitment to its employees, customers, and the communities it serves. Understanding these values provides insight into how the company operates and its strategic priorities.

Integrity

Integrity is a cornerstone of . It means conducting business ethically and transparently, building trust with all stakeholders. This commitment is reflected in several key areas:

• Ethical Conduct: Upholding the highest standards of ethical behavior in all business dealings.
• Transparency: Ensuring open and honest communication with employees, customers, and shareholders.
• Compliance: Adhering to all applicable laws, regulations, and company policies.

Innovation

Innovation drives forward in a rapidly evolving media landscape. The company embraces new ideas and technologies to enhance its content and services. Examples of this commitment include:

• Investment in Technology: Allocating resources to develop and implement cutting-edge technologies.
• Creative Content: Encouraging the development of original and engaging content that resonates with audiences.
• Adaptability: Remaining flexible and responsive to changing market dynamics and consumer preferences.

Community

is deeply committed to the communities it serves, recognizing the importance of local connections and social responsibility. This commitment is demonstrated through:

• Local News Coverage: Providing comprehensive and reliable coverage of local events and issues.
• Community Engagement: Supporting local organizations and initiatives through partnerships and volunteer efforts.
• Philanthropy: Contributing to charitable causes that improve the quality of life in the communities it serves.

Collaboration

Collaboration is essential to success, fostering a culture of teamwork and shared goals. This value is reflected in:

• Internal Partnerships: Encouraging collaboration across different departments and teams within the company.
• External Alliances: Building strategic partnerships with other organizations to expand reach and enhance capabilities.
• Inclusive Environment: Promoting a diverse and inclusive workplace where all employees feel valued and respected.

Excellence

Striving for excellence in all aspects of its operations is a key value for . This includes:

• Quality Content: Producing high-quality news and entertainment content that meets the needs of its audiences.
• Customer Service: Providing exceptional customer service and support.
• Continuous Improvement: Seeking opportunities to improve processes, products, and services.