TEGNA Update on DISH Negotiations
McLEAN, VA – TEGNA Inc. (NYSE: TGNA) tonight issued the following statement:
“TEGNA has worked hard over the course of months to reach a deal with DISH. Our position has been simple: the same fundamental terms that allowed us to reach deals with distributors nationwide should serve as the basis for our deal with DISH. Rather than accepting that fair, market-based approach, DISH has refused to reach an agreement and once again is preventing its customers from accessing valued channels, even as customers continue to pay for that content. Despite DISH’s repeated efforts to blame programmers, the record is crystal clear – DISH is a serial dropper of channels. It has been responsible for the largest broadcast blackout in history and routinely drops valued cable and broadcast channels. TEGNA, on the other hand, has never been in this position before because we have always been able to reach fair agreements with distributors without disrupting our viewers.”
TEGNA Inc. (NYSE: TGNA), formerly Gannett Co., Inc., is comprised of a dynamic portfolio of media and digital businesses that provide content that matters and brands that deliver. TEGNA reaches more than 90 million Americans and delivers highly relevant, useful and smart content, when and how people need it, to make the best decisions possible. TEGNA Media includes 46 television stations (including those serviced by TEGNA) and is the largest independent station group of major network affiliates in the top 25 markets, reaching approximately one-third of all television households nationwide. TEGNA Digital is comprised of Cars.com, the leading online destination for automotive consumers, CareerBuilder, a global leader in human capital solutions, and other powerful brands such as G/O Digital, Cofactor, Clipper and Sightline Media Group. For more information, visit www.TEGNA.com.
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