TEGNA, KXTV in Sacramento Partner with Cheddar to Launch Cheddar Local
KXTV first to incorporate Cheddar Local’s tailored business headline segments into broadcasts
McLEAN, VA – TEGNA Inc. (NYSE: TGNA) and KXTV, TEGNA’s ABC affiliate in Sacramento, CA, today announced a partnership with Cheddar on “Cheddar Local.” Cheddar is a leading post-cable network focused on the millennial audience. KXTV will be the first local network affiliate to incorporate Cheddar Local segments into their news broadcasts. The twice daily segments will feature the day’s top business headlines before the market opens and after it closes.
Cheddar Local segments will focus on premium business and technology coverage originating from the New York Stock Exchange. Segments running on KXTV will be one-to-two minutes in length, with one running during ABC10 Morning Blend and another during ABC10 News at 5.
“As we continue to reinvent local journalism in the digital age, we are excited to work with innovative, digitally-focused companies, like Cheddar, to reach new and younger audiences across platforms,” said Ed Busby, senior vice president, strategy, TEGNA. “Cheddar Local will help KXTV deliver relevant content to the Sacramento community.”
“Local news is the ratings leader in markets across the county. We are thrilled to be providing in-depth, and meaningful business coverage to KXTV, something that will be unique to the market and separate KXTV from competitors,” said Jon Steinberg, CEO of Cheddar. “Cheddar Local gives stations premium business coverage that audiences can’t find anywhere else. We applaud TEGNA for recognizing this value and look forward to giving audiences leading business and tech headlines most relevant to them.”
In addition to Sacramento, Cheddar Local may expand to other markets across TEGNA’s nationwide footprint of 46 stations.
TEGNA Inc. (NYSE: TGNA) is an innovative media company that serves the greater good of our communities. With 46 stations in 38 markets, TEGNA delivers relevant content and information to consumers across platforms. It is the largest owner of top 4 affiliates in the top 25 markets, reaching approximately one-third of all television households nationwide. Each month, TEGNA reaches 50 million adults on-air and 32 million across its digital platforms. TEGNA has been consistently honored with the industry’s top awards, including Edward R. Murrow, George Polk, Alfred I. DuPont and Emmy Awards. TEGNA delivers results for advertisers through unparalleled and innovative solutions including OTT local advertising network Premion, centralized marketing resource Hatch, and G/O Digital, a one-stop shop for local businesses to connect with consumers through digital marketing. Across platforms, TEGNA tells empowering stories, conducts impactful investigations and delivers innovative marketing solutions. For more information, visit www.TEGNA.com.
For media inquiries, contact:
Manager, Corporate Communications
For investor inquiries, contact:
Vice President, Investor Relations