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TEGNA Inc. Reports Record 2020 Fourth Quarter and Full-Year Results, Provides First Quarter and Full-Year 2021 Outlook
By
Staff
4 weeks ago
Results reflect ongoing execution of long-term strategy and strength of operations, with record performance including unprecedented political advertising revenues, continued strength of high-margin and recurring subscription revenues, record GAAP net income of $483 million and more than $1 billion in Adjusted EBITDA
Company exceeds full-year 2020 guidance provided prior to the COVID-19 pandemic for all key financial metrics
2021 first quarter and full-year guidance driven by significant subscription revenue growth and improving advertising and marketing services (“AMS”) revenues; AMS expected to finish positive in the first quarter after continuous sequential quarterly improvements since the height of the pandemic in the second quarter of 2020
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TEGNA Expands VERIFY to Stop the Spread of Disinformation, Announces Appointment of Managing Editor
January 25, 2021 GMT
TEGNA names Jonathan Forsythe managing editor, VERIFY. (Photo: Business Wire)
TYSONS, Va. (BUSINESS WIRE) Jan 25, 2021
TEGNA Inc. (NYSE: TGNA) today announced it is expanding VERIFY to help combat disinformation, and has named Jonathan Forsythe managing editor responsible for leading VERIFY’s editorial growth across all platforms.
TEGNA names Jonathan Forsythe managing editor, VERIFY. (Photo: Business Wire)
Since its creation in 2015, TEGNA stations’ VERIFY reporting has fought misinformation and disinformation and helped viewers and users distinguish between true and false information, with traffic to VERIFY content on stations’ websites increasing 423 percent in 2020 (source: Google Analytics). The VERIFY team, with help from questions submitted by viewers,