GURU.Markets stock price, segment price, and overall market index valuation
The company's share price TEGNA Inc.
TEGNA is one of the largest local television station owners in the United States. Its stock price is dependent on advertising revenue, particularly from political advertising during election years, and retransmission fees from cable operators, which ensures a stable cash flow.
Share prices of companies in the market segment - Media
TEGNA is one of the largest local television station owners in the US, operating in the broadcast segment. We classify it as part of the media sector, and the chart below shows the overall dynamics of this industry, which is dependent on advertising revenue and retransmission fees.
Broad Market Index - GURU.Markets
TEGNA is one of the largest media companies in the US, owning dozens of local television stations in major cities. As a component of the GURU.Markets index, it represents the traditional media sector. The chart below represents the entire market. See how TEGNA shares compare to the overall trend.
Change in the price of a company, segment, and market as a whole per day
TGNA - Daily change in the company's share price TEGNA Inc.
Daily fluctuations in TEGNA, the owner of television stations, reflect the state of the advertising market and the cyclical nature of political spending. Change_co demonstrates sensitivity to media trends and rebroadcast revenues. This metric is an important component of the System.GURU.Markets models analyzing traditional media assets.
Daily change in the price of a set of shares in a market segment - Media
TEGNA Inc. is a major owner of local television stations in the US. This chart shows the average daily volatility of the media sector. Comparison with TGNA's performance helps assess how sensitive its business is to political advertising revenue and retransmission fees.
Daily change in the price of a broad market stock, index - GURU.Markets
TEGNA is a major American media company that owns a portfolio of local television stations. Traditional media faces intense competition from digital platforms. The chart below shows the average volatility in the media sector, allowing you to compare TEGNA's performance with overall trends.
Dynamics of market capitalization of the company, segment and the market as a whole over 12 months
Annual dynamics of the company's market capitalization TEGNA Inc.
TEGNA is one of the largest local television station owners in the United States. Its year-over-year performance reflects the state of the advertising market and its ability to monetize its audience in the streaming era. The chart below tells the story of this media giant.
Annual dynamics of market capitalization of the market segment - Media
TEGNA Inc. is one of the largest local television station owners in the United States. Its business model, based on retransmission and local advertising revenue, provides it with stable cash flow. The chart below shows how its dominant position and adaptation to the digital era influence its performance in the media sector.
Annual dynamics of market capitalization of broad market stocks, index - GURU.Markets
TEGNA, as a major owner of local television channels, has a unique business cycle that peaks during election years thanks to political advertising. Its stock price reflects this biennial rhythm, superimposed on long-term trends in media consumption. This makes it less dependent on traditional economic cycles.
Dynamics of market capitalization of the company, segment and the market as a whole for the month
Monthly dynamics of the company's market capitalization TEGNA Inc.
TEGNA, one of the largest owners of local television stations in the United States, has a monthly fluctuation chart that reflects the cyclical nature of advertising revenues, which peak during major political election years, as well as the stable retransmission revenues it receives from cable providers.
Monthly dynamics of market capitalization of the market segment - Media
TEGNA is one of the largest media companies in the US, owning dozens of local television stations. Its business is based on local advertising and retransmission fees from cable operators. The graph below reflects the dynamics of the media sector, which is being transformed by streaming services and changing media consumption.
Monthly dynamics of market capitalization of broad market stocks, index - GURU.Markets
TEGNA is one of the largest local television channel owners in the United States. Its advertising revenue is cyclical, but retransmission fees from cable operators provide stability. The chart below illustrates overall market sentiment, which can be used to assess the sustainability of TEGNA's business model.
Dynamics of market capitalization of the company, segment and the market as a whole for the week
Weekly dynamics of the company's market capitalization TEGNA Inc.
TEGNA, one of the largest owners of local TV stations in the US, is dependent on the advertising market and political cycles. The company's weekly stock price reflects advertising revenue, cable operator retransmission fees, and surges in political advertising spending during election season.
Weekly dynamics of market capitalization of the market segment - Media
Media companies like TEGNA, which own local TV stations, face common challenges: viewer churn and competition for advertising budgets. The chart below shows how the market views the sector as a whole. It compares how successfully TEGNA monetizes its content compared to its competitors.
Weekly dynamics of market capitalization of stocks of the broad market, index - GURU.Markets
TEGNA is a major owner of television stations in the US. Its business depends on advertising revenue, which is cyclical, especially during election years. The chart shows how these unique cycles influence the company's stock price, making it distinct from the broader market.
Market capitalization of the company, segment and market as a whole
TGNA - Market capitalization of the company TEGNA Inc.
TEGNA's market capitalization is the investor valuation of one of the largest local television station owners in the United States. The chart shows how the market values ββits advertising revenue and cable retransmission fees. Its dynamics reflect the importance of local broadcasting, especially during election periods and significant news events.
TGNA - Share of the company's market capitalization TEGNA Inc. within the market segment - Media
TEGNA Inc. is one of the largest owners of local television stations in the United States, holding leading shares in many local markets. Its market capitalization reflects the value of its news content and audience reach to local and national advertisers.
Market capitalization of the market segment - Media
This chart shows the total market value of the entire media sector, specifically local TV station owners. For TEGNA, one of the largest operators in the US, this line is a map of its struggle for survival. Its dynamics reflect both stable revenues from political advertising and the constant pressure from "cable killers" and streaming services.
Market capitalization of all companies included in a broad market index - GURU.Markets
TEGNA is a major media company, owning dozens of TV stations across America. Its market capitalization represents the value of traditional television in the digital age. It reflects the share of the media landscape still held by local news and broadcast.
Book value capitalization of the company, segment and market as a whole
TGNA - Book value capitalization of the company TEGNA Inc.
TEGNA Inc. is one of the largest TV station owners in the United States. Its book value is determined by its tangible assets: television studios, transmission equipment, and, most importantly, broadcast licenses. This is the tangible foundation for keeping millions of Americans informed. How has the valuation of these media assets changed? The chart below shows.
TGNA - Share of the company's book capitalization TEGNA Inc. within the market segment - Media
TEGNA Inc. is one of the largest TV station owners in the United States. Its primary assets include 64 stations in 51 cities, including studios, transmission equipment, and real estate. The company's book value directly reflects the scale of its physical presence in the American media market. The chart shows its share of this infrastructure.
Market segment balance sheet capitalization - Media
TEGNA is one of the largest television station owners in the United States. The media sector, as the chart shows, is capital-intensive. TEGNA is a classic player. Its business is the ownership of dozens of television stations and studios, which are its main tangible assets.
Book value of all companies included in the broad market index - GURU.Markets
TEGNA Inc. is one of the largest owners of local television stations in the United States. The company's book value is derived from its portfolio of dozens of television studios, transmission equipment, and newsrooms. The chart shows the physical size of this media holding and its share of the infrastructure that delivers news to the homes of millions of Americans.
The ratio of market capitalization to book capitalization of a company, segment, and the market as a whole
Market capitalization to book capitalization ratio - TEGNA Inc.
TEGNA is the owner of local TV stations. The market often values ββsuch companies at a discount to their asset value. The chart shows how investors assess the threat posed by streaming services and the decline in traditional TV viewing, demanding a discount to compensate for the risks.
Market to book capitalization ratio in a market segment - Media
TEGNA is one of the largest local television station owners in the United States. Its value lies in its broadcast licenses and its ability to generate advertising and retransmission revenue. The chart shows how the market views the future of local television in the streaming era.
Market to book capitalization ratio for the market as a whole
TEGNA Inc. is one of the largest television station owners in the United States, operating in major cities. Its business is producing local news and selling advertising. This chart reflects overall market sentiment, but how do investors value this traditional media asset in an era dominated by streaming services and digital news?
Debts of the company, segment and market as a whole
TGNA - Company debts TEGNA Inc.
For media company TEGNA, which owns a network of local TV stations, debt capital is a key growth tool. The company uses it to finance the acquisition of new stations. This consolidation strategy allows it to expand its audience reach and strengthen its negotiating position with advertisers and cable operators.
Market segment debts - Media
TEGNA Inc. is one of the largest television station owners in the United States. Traditional media faces challenges from digital platforms, requiring investment in content and new formats. This chart shows how TEGNA manages its debt, balancing dividends with reinvestment in its media business.
Market debt in general
Debt to book value of the company, segment and market as a whole
The company's debt to book capitalization ratio TEGNA Inc.
TEGNA is a media company that owns a large group of television stations in the US. This chart shows its financial structure. In the media industry undergoing transformation, debt management is important for investing in digital platforms and content production, as well as for returning capital to shareholders. Debt levels are often a topic of discussion in M&A deals.
Market segment debt to market segment book capitalization - Media
TEGNA's business of owning and operating television stations faces competition from streaming services. This chart shows the debt burden in the media sector. It allows us to assess how successfully TEGNA manages its debt amid the transformation of media consumption and how its financial strategy compares to other media holdings.
Debt to book value of all companies in the market
This chart shows the overall debt level for all companies in the market. TEGNA, a TV station owner, operates in a transforming media industry. Comparing it to the broader market helps understand how the company manages its debt in the face of competition from digital giants and how its financial model compares to the stock market average.
P/E of the company, segment and market as a whole
P/E - TEGNA Inc.
This chart for TEGNA, one of the largest television station groups in the US, shows how investors assess the future of traditional broadcasting. The multiple reflects the balance between stable revenues from retransmission fees and political advertising and the risks associated with viewer migration to streaming services.
P/E of the market segment - Media
TEGNA's television broadcasting business is a mature one. This chart shows the average valuation for media companies. It helps understand how investors value TEGNA, which owns a network of local TV stations, in the age of streaming, and what value they see in its political advertising and retransmission fees.
P/E of the market as a whole
TEGNA Inc. is one of the largest and most geographically diversified media companies in the US, owning dozens of television and radio stations in major cities. This chart reflects general trends in the advertising market. It allows investors to understand whether TGNA's valuation depends on overall advertising budgets, which are cyclical, or on its ability to produce popular local content.
Future P/E of the company, segment and market as a whole
Future (projected) P/E of the company TEGNA Inc.
TEGNA is a media company that owns a large group of television stations in the US. This chart reflects analysts' expectations for the television advertising market. Its dynamics are heavily dependent on political cycles (elections) and the company's ability to compete for advertising budgets with digital platforms.
Future (projected) P/E of the market segment - Media
TEGNA Inc. is a media company that owns one of the largest television station groups in the United States. This chart shows how its future revenue expectations compare to the media sector average. Does this valuation reflect its ability to generate advertising and retransmission revenue in a changing media landscape?
Future (projected) P/E of the market as a whole
TEGNA Inc. owns a large group of television stations in the United States. The company's revenue comes from advertising and retransmission fees from cable operators. While the advertising business is cyclical, retransmission revenue is stable. Political advertising during elections is also an important, albeit irregular, source of income.
Profit of the company, segment and market as a whole
Company profit TEGNA Inc.
TEGNA Inc. owns a large group of television stations in the United States. The company's profits depend on advertising revenue (especially political advertising during election years) and retransmission fees from cable and satellite operators. This chart shows how the media landscape, including competition from streaming, and political cycles influence the financial results of this media giant.
Profit of companies in the market segment - Media
TEGNA is one of the largest local television station owners in the United States. Its business model relies on advertising revenue and retransmission fees from cable operators. This chart shows the overall profitability of the media sector, which is facing challenges from streaming services but maintains a strong position in local markets.
Overall market profit
TEGNA Inc. owns a group of television stations in the US. Its advertising revenue is highly sensitive to economic cycles. This graph, showing corporate profits, is a good indicator of the advertising market. During periods of growth, companies spend more on advertising, which directly benefits TEGNA, especially during election periods.
Future (predicted) profit of the company, segment and market as a whole
Future (projected) profit of the company TEGNA Inc.
TEGNA is one of the largest media companies in the United States, owning dozens of local television stations. The company's primary revenue comes from advertising and retransmission fees from cable operators. This chart represents a consolidated analyst forecast of future profits, which is influenced by the state of the advertising market and political cycles.
Future (predicted) profit of companies in the market segment - Media
TEGNA Inc. is one of the largest broadcasters in the United States, owning dozens of television stations across multiple states. The company produces and broadcasts local news and entertainment content. This chart shows profitability forecasts for the media sector, helping to assess how traditional broadcasters like TEGNA are adapting to the era of streaming services and changing media consumption.
Future (predicted) profit of the market as a whole
TEGNA owns a large network of local television stations in the United States. Its revenues come from cyclical advertising revenue and more stable retransmission fees from cable operators. The company also receives a significant boost from political advertising during election years. This market revenue forecast helps assess the prospects for its core advertising business.
P/S of the company, segment and market as a whole
P/S - TEGNA Inc.
TEGNA Inc. is a media company that owns a large number of local television stations. This chart shows how the market values ββits advertising and retransmission revenue. This value reflects the importance of local news and political advertising, particularly during election cycles.
P/S market segment - Media
TEGNA Inc. is a media company that owns one of the largest television station groups in the United States. This chart shows the media industry's average revenue estimate. It provides insight into how investors view TEGNA's advertising and retransmission revenue, as well as its ability to adapt to the changing media landscape and competition from streaming services.
P/S of the market as a whole
TEGNA is one of the largest media companies in the US, owning dozens of local television stations. Its revenue comes from advertising and retransmission fees from cable operators. This chart helps understand how the market values ββtraditional media businesses in the era of streaming and digital media compared to other sectors.
Future P/S of the company, segment and market as a whole
Future (projected) P/S of the company TEGNA Inc.
TEGNA is one of the largest media companies in the United States, owning dozens of television stations in various regions. Its estimated future revenue, illustrated by this chart, depends on advertising revenue and retransmission fees from cable operators. This indicator is sensitive to political cycles (elections) and general trends in the advertising market.
Future (projected) P/S of the market segment - Media
TEGNA Inc. is a media company with a large portfolio of television stations in the United States. It is one of the largest owners of local news affiliates of leading networks. This chart shows how investors value its advertising and retransmission revenues in a changing media landscape.
Future (projected) P/S of the market as a whole
TEGNA Inc. is a media company that owns a large network of television stations in the United States. Its revenues primarily come from advertising and retransmission fees. This graph, reflecting expectations for consumer spending growth, impacts advertising budgets. When the economy is booming, local and national companies increase their television advertising, which directly benefits TEGNA.
Sales of the company, segment and market as a whole
Company sales TEGNA Inc.
TEGNA Inc. is a media company that owns a large group of television stations in the US, affiliates of major networks (NBC, CBS, ABC). This chart shows revenue from advertising, cable retransmission fees, and digital content sales. The dynamics here reflect the state of the advertising market, especially during election years.
Sales of companies in the market segment - Media
TEGNA Inc. is one of the largest and most geographically diversified media companies in the United States, owning dozens of television and radio stations. Its business is divided into two segments: media operations (advertising and retransmission fees) and digital marketing (Premium). This chart shows revenue from one of these segments, reflecting the state of the media market.
Overall market sales
TEGNA Inc. owns a large group of television stations in the United States. Its revenue comes from advertising and retransmission fees from cable operators. Advertising revenue is sensitive to economic cycles, particularly during political election periods. TEGNA serves as a barometer of the local advertising market and the health of traditional media in the digital age.
Future sales volume of the company, segment and market as a whole
Future (projected) sales of the company TEGNA Inc.
TEGNA is one of the largest local television station owners in the United States. Its revenue forecast is based on advertising revenue (which is cyclical and increases during election years) and retransmission fees from cable and satellite operators. It reflects the state of the advertising market and the dynamics of the media industry.
Future (projected) sales of companies in the market segment - Media
TEGNA Inc. is one of the largest broadcasters in the US, owning dozens of television stations. This chart shows revenue expectations for the entire media sector. It reflects analysts' views on political and local advertising revenue, as well as retransmission fees, which are key drivers for the entire industry.
Future (projected) sales of the market as a whole
TEGNA, one of the largest media companies in the US and owner of television stations, makes its money from advertising. Advertising budgets, especially from local businesses, are directly dependent on the state of the economy. This chart of overall sales forecasts is an indicator of consumer activity, which motivates companies to advertise.
Marginality of the company, segment and market as a whole
Company marginality TEGNA Inc.
TEGNA Inc. is a media company that owns a large group of television and radio stations in the United States. The company's primary revenue comes from advertising and retransmission fees from cable operators. This chart shows how the company converts these revenues into profit, which is highly dependent on the advertising market and political cycles (elections).
Market segment marginality - Media
TEGNA Inc. is one of the largest local television station owners in the United States. Its primary revenue comes from advertising and retransmission fees from cable operators. This chart illustrates how its dominant position in local markets and stable retransmission revenue impact the company's profitability in a changing media industry.
Market marginality as a whole
TEGNA Inc. is a media company that owns a large group of television stations in the United States. The company's profitability depends on advertising revenue and cable operator retransmission fees. This chart reflects overall profitability, but for TGNA, political advertising cycles and viewer migration to streaming services create unique business conditions.
Employees in the company, segment and market as a whole
Number of employees in the company TEGNA Inc.
TEGNA Inc. is one of the largest local television station owners in the United States. This chart shows its team of journalists, producers, and technical specialists. The dynamics of this headcount reflect the state of the advertising market and the company's strategy in the era of digital media transformation.
Share of the company's employees TEGNA Inc. within the market segment - Media
TEGNA Inc. is one of the largest media companies in the United States, owning dozens of television stations in various cities. Local broadcasting is a labor-intensive business, requiring journalists, cameramen, and producers. This figure reflects its enormous contribution to regional journalism and its role as a major media employer.
Number of employees in the market segment - Media
TEGNA Inc. is one of the largest media companies in the United States, owning a network of television stations. This chart shows employment in the media sector. The industry's workforce dynamics reflect structural shifts associated with the shift of audiences and advertising budgets to digital channels, which poses the challenge for TEGNA to transform its business model.
Number of employees in the market as a whole
TEGNA Inc. owns a large network of television stations. Their advertising revenue is directly dependent on the health of local economies. The employment growth shown in this graph indicates that local businesses are thriving and willing to spend money on advertising to attract paying customers.
Market capitalization per employee (in thousands of dollars) of the company, segment, and market as a whole
Market capitalization per employee (in thousands of dollars) of the company TEGNA Inc. (TGNA)
TEGNA is one of the largest media companies in the US, owning television stations in dozens of cities. Its business is capital-intensive due to its broadcast licenses and studios. This chart, showing its high capitalization per employee, reflects the value of these intangible and tangible assets, which allow the company to reach a wide audience and generate advertising revenue.
Market capitalization per employee (in thousands of dollars) in the market segment - Media
TEGNA (TGNA) is an "old" media company. The company owns "local" TV stations (local news). This is a "labor-intensive" business (reporters, studios), dependent on advertising and retransmission fees. This chart shows the market price per employee in this "heavy" media model.
Market capitalization per employee (in thousands of dollars) for the overall market
TEGNA Inc. is a media company that owns a large group of television stations in the United States. In the digital media era, traditional television faces challenges. The chart reflects how the market assesses the company's ability to generate advertising revenue and cash flow from its media assets.
Profit per employee (in thousands of dollars) for the company, segment, and market as a whole
Profit per employee (in thousands of dollars) of the company TEGNA Inc. (TGNA)
TEGNA Inc. (TGNA) is a major owner of television stations (affiliates of NBC, CBS, and ABC) in the United States. Their business is selling local advertising and receiving retransmission fees from cable operators. This chart shows how effectively their small teams at local stations produce news and sell advertising, generating significant profits, especially during election years.
Profit per employee (in thousands of dollars) in the market segment - Media
TEGNA (TGNA) is one of the largest owners of local TV stations in the US. This chart shows the benchmark for "Media" (TV). In this sector, the benchmark is moderate. Profit per employee (journalist, salesperson) is generated by advertising and, more importantly, retransmission fees paid by cable operators.
Profit per employee (in thousands of dollars) for the market as a whole
TEGNA (TGNA) is one of the largest media companies in the US, owning a network of over 60 local television stations (affiliates of NBC, CBS, etc.) and digital assets, including the True Crime Network. This chart shows how profitable a traditional media business, balancing content creation and broadcast management, is per employee compared to average labor efficiency.
Sales to employees of the company, segment and market as a whole
Sales per company employee TEGNA Inc. (TGNA)
TEGNA is a media company that owns a large group of television stations in the US. This chart shows how the company monetizes its broadcast content. Revenue per employee depends on advertising revenue and cable operator retransmission fees, reflecting the competitive environment in the media industry.
Sales per employee in the market segment - Media
TEGNA Inc. is one of the largest media companies in the US, owning dozens of local television stations (affiliates of NBC, CBS, and ABC). They make their money from advertising and fees from cable operators. This chart shows revenue per employee. Comparisons with the media sector help assess how their stations perform relative to their competitors.
Sales per employee for the market as a whole
TEGNA Inc. is a large media holding company that owns dozens of local television stations (NBC and CBS affiliates) across America. Their business consists of selling local advertising and receiving retransmission fees from cable operators. This chart shows the revenue generated by each station's staff (journalists, salespeople) and their licensing assets.
Short shares by company, segment and market as a whole
Shares shorted by company TEGNA Inc. (TGNA)
TEGNA is one of the largest owners of local TV stations (affiliates of NBC, CBS, and ABC) in the US. Their business model is dual: advertising revenue and retransmission fees from cable operators. Both of these revenue streams are under threat (streaming, cord-cutting). This chart shows the number of investors betting on the death of traditional TV.
Shares shorted by market segment - Media
TEGNA (TGNA) is one of the largest local television station owners in the US (affiliates of NBC, CBS, and ABC). They make their money from local advertising and retransmission fees from cable operators. This chart shows the odds against the broadcast sector, reflecting concerns about cord-cutting (abandoning cable TV) and the shift of advertising budgets to the internet.
Shares shorted by the overall market
TEGNA (TGNA) is a major owner of local TV stations in the US. The company's revenue depends on advertising. When the "Short_All" graph rises, it signals recession fears. During a correction, the first thing a company does is cut advertising budgetsβa direct hit to TGNA's core revenue.
RSI 14 indicator for a company, segment, and market as a whole
The company's RSI 14 indicator TEGNA Inc. (TGNA)
TEGNA owns a portfolio of regional TV stations. Its primary revenue comes from advertising and retransmission fees. A level above 70 may reflect a strong political advertising cycle. A level below 30 is often associated with fears of a downturn in the advertising market or disputes with cable operators over fees.
RSI 14 Market Segment - Media
TEGNA (TGNA) is one of the largest owners of local news stations in the US. The RSI_14_Seg for "Media" shows the sector's "temperature." It helps us understand whether TGNA's performance is driven by political advertising revenue, or whether the entire "old" media sector is oversold due to the "streaming wars."
RSI 14 for the overall market
TEGNA (TGNA) owns dozens of local television channels. This chart reflects its two key revenue streams: advertising and political spending. During periods of euphoria, local businesses advertise. During times of panic, advertising budgets plummet. However, political advertising during election years can offset this effect.
Analyst consensus forecast for the company's share price, the segment, and the market as a whole
Analyst consensus stock price forecast TGNA (TEGNA Inc.)
TEGNA is a media company that owns a large network of local television stations (affiliates of NBC, CBS, and ABC) across the United States. Its revenue depends on advertising and retransmission fees. This chart shows the average analyst forecast. It takes into account the cyclical nature of political advertising revenue during election years and competition from streaming services.
The difference between the consensus estimate and the actual stock price TGNA (TEGNA Inc.)
TEGNA is a major owner of local TV stations (affiliates of NBC, CBS, etc.), which makes money from political advertising and retransmission fees. This chart shows the difference between the consensus forecast and the price. It reflects whether analysts believe these revenues will outweigh the loss of viewership.
Analyst consensus forecast for stock prices by market segment - Media
TEGNA is one of the largest owners of local television stations in the US (affiliates NBC and CBS). The company makes money from local advertising and retransmission fees from cable operators. This chart shows analysts' general expectations for the entire media sector. It reflects whether experts believe in the survival of "old" TV or see it in decline.
Analysts' consensus forecast for the overall market share price
TEGNA is one of the largest local TV station owners in the United States (affiliates of NBC, CBS, and ABC). Their business is local advertising and retransmission fees. This chart shows the overall market sentiment. For TEGNA, which operates in an older media market, it's important to understand how these expectations (especially in an election year) impact advertising budgets in their regions. (341)
AKIMA index of the company, segment and market as a whole
AKiMA Company Index TEGNA Inc.
TEGNA (TGNA) is one of the largest owners of local television stations in the US (affiliates of NBC, CBS, and ABC). Their business is the king of local advertising and the source of cable operators' retransmission fees. This chart reflects their unique position. It is highly sensitive to the two-year political advertising cycle (elections) and their ability to negotiate higher retransmission fees.
AKIMA Market Segment Index - Media
TEGNA is one of the largest local TV station owners in the US; the company owns dozens of stations (NBC and CBS affiliates) and makes money from advertising and rebroadcasts. This aggregate metric evaluates companies. The graph shows the average value for the media segment. This is a benchmark: how does TEGNA's traditional (local TV) model differentiate it from the average competitor?
The AKIM Index for the overall market
TEGNA is one of the largest owners of local TV stations in the US (affiliates of NBC and CBS). Its business consists of cable operator fees (stable) and political advertising (cyclical). This chart, reflecting the market average, is just the background. It helps assess how this old but profitable media business compares to the overall macroeconomic picture.