Wc16fwujum, G).E. 20554

Total Page:16

File Type:pdf, Size:1020Kb

Wc16fwujum, G).E. 20554 93ef.wre tfte fJedeJUd ~ ~6Um WC16fWuJUm, g).e. 20554 In the Matter of: ) ) Advanced Television Services and ) MB Docket No. 87-268 Their Impact upon the Existing ) Television Broadcast Service ) Directed to: The Commission PETITION FOR RECONSIDERATION Pappas Telecasting ofAmerica, a California Limited Partnership ("Pappas") and South Central Communications Corporation ("SCCC") (collectively, the "Owensboro Petitioners"), by their attorneys, hereby respectfully submit their Petition for Reconsideration with regard to a portion ofthe Commission's Seventh Report and Order and Eighth Further Notice ofProposed Rule Making in the above-captioned proceeding, FCC 07-138, released August 6, 2007("Seventh R&D"). With respect thereto, the following is stated: 1. Pappas and SCCC have pending applications for construction permit for a new NTSC television station to operate on Channel 48 at Owensboro, Kentucky (File Nos. BPCT- 19960722KL and BPCT-19960920IV, respectively) and also are parties to a settlement agreement which contemplates the grant ofthe Pappas application and dismissal ofthe SCCC application. Their "Joint Request for Approval ofSettlement Agreement" was submitted to the Commission on January 28, 1998. Since that time, the Owensboro Petitioners have made every effort to obtain approval oftheir proposal. 2. On January 19,2007, the Owensboro Petitioners filed Comments in the instant proceeding. In those Comments, the Owensboro Petitioners recognized that at this time, it is 2 generally not possible to seek an alternate channel due to the Commission's freeze on the filing ofrule making petitions which propose changes in the television or DTV Table ofAllotments. Public Notice, "Freeze on the Filing ofCertain TV and DTVRequests for Allotment or Service Area Changes, " DA 04-2446, released August 3, 2004. The Owensboro Petitioners also noted, however, that without a change in channel, it appears that it would be impossible for the Pappas application to be granted, in that the channel allotted to Owensboro at the time that the application was filed has been reallotted for use as a digital television ("DTV") companion channel at Bowling Green, Kentucky. The Owensboro Petitioners demonstrated, however, that a viable replacement channel, namely DTV Channel 35, is available and could be used. They further submitted that the Commission could act on its own motion to modifY the Owensboro allotment in the same way that it has awarded Tentative Channel Designations ("TCD's") to new permittees. Thus, even ifthe Commission's policies continue to preclude applicants from filing petitions or participating directly in the channel election process, the Commission could itself act to modifY the channel allotment in order to allow for a grant ofa construction permit for a new station. 3. The Seventh R & 0 did not directly address the Owensboro Petitioners' arguments. Instead, the Commission reiterated that only licensees and permittees are eligible to participate in the channel election process. It further stated that it has assigned TCD's to new permittees whose applications were only recently granted and that it will continue to accommodate new permittees with applications granted prior to the end ofthe DTV transition. Neither ofthese statements is responsive to the Catch-22 situation in which the Owensboro Petitioners find themselves. Here, the Owensboro Petitioners cannot participate in the channel election process 3 because no construction permit has yet been granted, and no construction permit can be granted until the channel specified is modified. This situation is made the more surrealistic by the fact that a viable replacement channel exists which could cut through this problem and allow for the Commission to grant a construction permit for a first local commercial television station at Owensboro. 4. The equities clearly favor Commission action to change the channel at Owensboro to allow for grant ofthe long-pending application. It must be remembered that the need for a change in channel arose only because ofthe Commission's own decision to reallot the channel and was not due to anything done or left undone by the Owensboro Petitioners. Rather, the Owensboro Petitioners, and Pappas in particular as the proposed permittee, have followed the express invitations and directions ofthe Commission throughout the more than 11 years that they have been seeking to bring new television service to Owensboro. Nevertheless, they have been thwarted at every tum by numerous changes in direction as the Commission's DTV transition policy evolved. 5. This odyssey began when the Owensboro Petitioners each applied for the allocated analog channel 48 at Owensboro. These applications were timely filed and were in accordance with the Commission's rules and policies, which specifically provided for the filing of applications for construction permits for new television stations on allotted channels up until a date certain. Sixth Further Notice o/Proposed Rule Making, FCC 96-317, released August 14, 1996. Moreover, following the filing ofthe applications, the Commission specifically stated in its Sixth Report and Order in this proceeding, FCC 97-115, released April 21, 1997, that it would "maintain and protect those vacant NTSC allotments that are the subject ofpending applications 4 and will avoid creating DTV allotments that would conflict with proposed new NTSC allotments." Jd. at 'i[112. The stated rationale for this decision was to "ensure that parties who have already begun to invest in new stations...may continue to pursue their ongoing station development projects." Jd. Nonetheless, at the same time, channel 48 was allocated as the DTV companion channel for WKGB-TV, Bowling Green, Kentucky, thereby making that channel essentially unusable at Owensboro. 6. Accordingly, pursuant to the Commission's Public Notice, 14 FCC Rcd 19559 (1999), Pappas joined with SCCC in filing a petition for rule making to substitute channel 47 for 48. Channel 47 then became unavailable due to a DTV maximization application, and the petition for rule making was amended to specify Channel 57, only to have that channel reallocated pursuant to the FCC's lower 700 MHz proceeding. 7. Thereafter, pursuant to the FCC's Public Notice, DA 01-270, reI. February 6,2002, a further petition for rule making to substitute DTV channel 54 was filed. That Public Notice invited applicants in the position ofthe Owensboro Petitioners to seek to substitute either in-core analog or out-of-core DTV channels for their existing channels. Only after the Owensboro Petitioners responded to that invitation and filed their petition to substitute DTV channel 54, was the determination made that such pending petitions would not be granted. Second Periodic Review ofthe Commission's Rules and Policies Affecting the Conversion to Digital Television, FCC 04-192, released September 7, 2004. In sum, from the beginning, Pappas and SCCC have responded to Commission directions and followed announced Commission procedures, only to have their adjustments rendered unavailing due to further changes subsequently made by later Commission actions. The Owensboro Petitioners understand that these reversals resulted from 5 larger decisions concerning DTV implementation and other policy issues and did not result from any particular animus toward them. Nevertheless, these twists and turns were beyond the control ofand could not reasonably have been anticipated by the Owensboro Petitioners. 8. As noted above, the Owensboro Petitioners have located a new substitute channel, as set forth in the Engineering Statement submitted with their Comments in this proceeding, and have filed a Petition for Rule Making, accompanied by a request for waiver ofthe filing freeze. 1 A copy ofthat Engineering Statement as previously filed is attached hereto for convenience. Modification ofthe Owensboro allotment to specify this allotment clearly would serve the public interest by allowing a new station to be authorized and built to provide first local commercial television service. The Commission has indicated that it continues to value such new service as it has continued to grant applications and to provide TCD's for new pennittees. The Commission also has thus clearly recognized the substantial amount oftime and resources invested by such applicants over the last decade in their attempts to bring new service to the public by its action in providing such channels for post-transition operation. Likewise, just as the Commission has undertaken engineering analysis to determine and allot the best available TCD for new permittees, the Commission can and should modify the allotment for Owensboro to specify DTV Channel 35 instead ofanalog Channel 48, whether on its own motion or by granting the requested waiver ofthe filing freeze on petitions for rule making, so that the long-pending While current analog facilities are not considered, as a practical matter, by the time that the steps ofallotting the requested channel, then processing and granting the application, followed by construction ofthe authorized facility could take place, the DTV transition necessarily nearing or beyond its end. At this point, less than 16 months remain until the transition deadline. Pappas has previously indicated its willingness to accept a construction permit which specifies that operation ofthe new Owensboro station would not commence until after the February 17,2009, transition deadline. 6 application may be granted. With the release ofthe Seventh R & 0, the DTV Table of
Recommended publications
  • January 29, 1987 Correin' Page 3
    ·SA Considers Bookstore Management Audit by Steven L. Brawley The paper, printing, profit Acccording to Klotzer, the one basis and discusses book prices ~ editor margin, and life time of the text, are bookstore bought the book at a 20% that the person comes away with a all factors involved when determin­ discount. The book was sold last better understanding of the , .. The University Bookstore is often ing the cost of books, according to Manual 'Co vers Costs semester for $47.95. process . .the target of numerous complaints Doug Taylor, who works for Follett During last semester, the "It is hard to convince people that this is not a money making busi­ t • concerning the high costs of Book Company. by Steven L. Brawley cut from the Anthropology publisher's price went up to $49.95. o textbooks. ness," Klotzer said. Follett buys used texts and pro­ editor Department budget, causing a She said it would buy it back from I,' With this in mind, the Student vides a service to bookstores, who dilemma. the student at half the cost of the The University Bookstore is an r Association is considering the can't return used books to publish­ Faced with a reduction in its increased price. auxiliary campus operation, with .feasibility of doing a management ing companies. budget, the Anthropology depart­ According to course professor Klotzer said the bookstore has half of its profits going to paying off t ,..audit of the bookstore. Students often seek out used ment is charging $15.40 for a lab and Anthropology department many cost factors involved in its the bond on the University Center I .
    [Show full text]
  • FOR IMMEDIATE RELEASE May 6, 2021 TEGNA Honored with 86
    FOR IMMEDIATE RELEASE May 6, 2021 TEGNA Honored with 86 Regional Edward R. Murrow Awards, Including Six for Excellence in Diversity, Equity, and Inclusion Tysons, VA – TEGNA Inc. (NYSE: TGNA) today announced its stations received 86 Regional Edward R. Murrow Awards – more than any other local broadcast television group – for excellence in broadcast journalism, including the coveted prizes for overall excellence, excellence in innovation, and the new category of excellence in diversity, equity, and inclusion. More than a third of TEGNA’s 64 stations were among the winners with four stations – KARE, KING, WFAA and WUSA – garnering overall excellence, the highest honor awarded. Seven TEGNA stations – KGW, KUSA, KSDK, NEWS CENTER Maine, WFAA and WGRZ – also won for excellence in innovation, which recognizes “news organizations that innovate their product to enhance the quality of journalism and the audience’s understanding of news.” In addition, six TEGNA stations – KARE, KGW, KSDK, WFAA, WWL and WXIA – received the Edward R. Murrow’s newest honor – excellence in diversity, equity, and inclusion – which is given for “outstanding advocacy journalism tackling the topic of diversity, racial injustice and/or inequality.” “TEGNA’s commitment to exceptional journalism has once again been recognized by the prestigious Regional Edward R. Murrow awards,” said Dave Lougee, president and CEO, TEGNA. “As our nation continues to confront acts of racial and social injustice, we are especially proud that our stations are recognized for covering and facilitating important discussions about race and inequality that will help drive systemic change.” Overall, 24 TEGNA stations were honored, with 10 awarded to KARE; nine to KUSA; eight to WFAA; seven to KDSK; six to KING and WXIA; four to KGW, NEWS CENTER Maine and WHAS; three to WBIR, WGRZ, WUSA, WTHR and WWL; two to KHOU, KXTV, WOI and WTC; and one each to First Coast News, KPNX, KTVB, KWES, WTOL and WVEC.
    [Show full text]
  • Big Game Big Give Media Tracker Total Impressions 337,041,847 Pre
    Big Game Big Give Media Tracker Pre-Event Press Impressions 129,632,295 Post-Event Press Impressions 207,409,552 Total Impressions 337,041,847 Pre-Event Press Coverage Date Outlet Link Impressions 3-Feb Daily Herald http://www.dailyherald.com/article/20170203/entlife/170209621/ 794,215 3-Feb Houston Chronicle http://www.chron.com/life/pets-cats/article/Jamie-Gold-Michael-Phelps-to-co-host-celebrity-10907270.php14,532,421 3-Feb Press Herald http://www.pressherald.com/2017/02/03/heres-how-the-super-rich-do-the-super-bowl-and-what-it-costs/818,290 2-Feb CBS-19 http://www.cbs19.tv/sports/nfl/superbowl/party-guide-super-bowl-51-parties-and-events/39354463577,910 2-Feb Houston Chronicle http://www.chron.com/entertainment/article/The-big-party-kicks-off-before-the-big-game-10900020.php14,532,421 2-Feb KCEN-TV http://www.kcentv.com/sports/nfl/superbowl/party-guide-super-bowl-51-parties-and-events/39354953879,645 2-Feb KENS-5 http://www.kens5.com/sports/nfl/superbowl/party-guide-super-bowl-51-parties-and-events/393544186317,501 2-Feb KSDK http://www.ksdk.com/sports/nfl/super-bowl/party-guide-super-bowl-51-parties-and-events/393549613598,433 2-Feb Look the the Stars https://www.looktothestars.org/news/16278-giving-back-fund-presents-8th-annual-big-game-big-give-event146,134 2-Feb USA Today http://www.usatoday.com/story/sports/olympics/2017/02/02/michael-phelps-co-host-celebrity-poker-party-super-bowl/97422790/33,094,976 2-Feb WBIR http://www.wbir.com/sports/nfl/superbowl/party-guide-super-bowl-51-parties-and-events/393550098364,621 2-Feb WFMY-2
    [Show full text]
  • Distribution 2021
    Distribution 2021 Rank Market NTL% Station Affiliate Date Time 1 New York 6.163 WCBS CBS 7/4/2021 TBD 1 New York 6.163 WPIX CW 7/5/2021 TBD 1 New York 6.163 WPIX CW 7/4/2021 4:00:00 PM 2 Los Angeles 4.743 KCAL IND 7/3/2021 6:00:00 AM 2 Los Angeles 4.743 KCBS CBS 7/4/2021 9:00:00 AM 3 Chicago 2.871 WBBM CBS 7/4/2021 12:00:00 PM 4 Philadelphia 2.479 KYW CBS 7/4/2021 1:00:00 PM 5 Dallas-Ft. Worth 2.45 KTXA IND 7/4/2021 4:00:00 PM 5 Dallas-Ft. Worth 2.45 KTVT CBS 7/4/2021 12:00:00 PM 6 San Francisco-Oak-San Jose 2.194 KPIX CBS 7/4/2021 10:00:00 AM 7 Atlanta 2.191 WUPA CW 7/3/2021 1:00:00 PM 8 Houston 2.125 KHOU CBS 7/4/2021 1:00:00 PM 9 Washington, DC (Hagrstwn) 2.122 WJLA 24/7 News ABC 7/5/2021 3:00:00 PM 9 Washington, DC (Hagrstwn) 2.122 WJLA 24/7 News ABC 12:00:00 PM 9:00:00 AM 9 Washington, DC (Hagrstwn) 2.122 WJLA ABC 7/11/2021 12:00:00 PM 10 Boston (Manchester) 2.059 WSBK MYNET 7/4/2021 1:00:00 PM 11 Phoenix (Prescott) 1.785 KPNX NBC 7/4/2021 6:00:00 AM 12 Seattle-Tacoma 1.736 KING NBC 7/4/2021 10:00:00 AM 13 Tampa-St.
    [Show full text]
  • James D. Hagen, Secretary Department of Tourism DATE: September 4, 2015 RE: August 2015 Monthly Status Report
    TO: Governor Daugaard FROM: James D. Hagen, Secretary Department of Tourism DATE: September 4, 2015 RE: August 2015 Monthly Status Report Domestic Earned Media Numbers July Impressions: 385,050,242 Ad Value: $855,266 Number of clips: 30 FY16 To-Date Impressions: 385,050,242 Ad Value: $855,266 Number of clips: 30 Media, PR & Industry Relations Information requests/interviews/meetings: Interview with Nick Lowrey of the Capital Journal regarding Brand USA and our international marketing and with Levi Gutz of South Dakota Public Broadcasting regarding the importance of the Information Centers during Rally Week. Provided information to Men’s Journal regarding hunting season and keeping dogs safe in the heat; referred him to the Department of Game, Fish & Parks for details. Worked with MMGY PR team to provide information to Sioux Falls CVB on a writer they may potentially host. Worked with MMGY’s PR team on various other inquiries and media pitches. General inquiries from MediaSD.com and others. Press Releases: To in-state media (posted to www.MediaSD.com and the State News Web): August 14: South Dakota Department of Tourism Rose Parade Float Design Revealed. Media Relations and Recent Placements for July and August: Parents Magazine (circ. 2,208,127), as a result of an editorial appointment with Travel Editor Karen Cicero, Badlands National Park appeared in the print article “Call of the Wild: Parents’ 10 Best National Parks For Families” in the Summer 2015 issue. The Chicago Tribune (UVM: 14,246,570), as a result of pitching freelancer Irene Levin, Mount Moriah Cemetery appear in “6 Great Cemeteries for Tourism” on July 8.
    [Show full text]
  • Channel Line Up
    CHANNEL LINE UP LOCALS Richland & Jasper Co. 246 Discovery Channel Clay & Marion Co. 102 NBC - WTWO 248 Cartoon/Adult Swim 104 CBS - KMOV 103 ABC - WAWV 249 Freeform 105 NBC - KSDK 110 CBS - WTHI 250 TLC 106 ABC - KDNL 111 FOX - WTHI 252 Animal Planet 115 FOX - KTVI 136 CW - WTHI 255 Investigation Discovery 117 CW - KPLR Wayne, Edwards, & Wabash Co. 257 Travel 118 Cozi TV 107 CW - WTVW 261 E! 119 My Network 109 ABC - WEHT 266 FX 120 Quest 112 CBS - WEVV 267 FXX 130 This - KPLR 113 FOX - WEVV 270 USA 132 Antenna TV - KTVI 114 NBC - WFIE 273 TNT 134 COMET TV 122 Bounce 277 CMT 135 ESCAPE TV 123 MeTV 278 MTV 137 KDNL - TBD 124 Circle 282 A&E 138 KDNL - CHARGE 283 Paramount 143 KDNL - STADIUM STARTER 284 TruTV 144 KSDK - BOUNCE 99 Catch TV 2 300 Hallmark Channel 145 KSDK - JUSTICE 100 Catch TV 302 OWN 146 Court TV - KPLR 141 Weather Channel HD 309 Hallmark Movies & Mysteries 147 Court Mystery - KTVI 142 Weather Channel HD 310 Lifetime 148 DABL - KTVI 151 QVC 311 Lifetime Movie Network Effingham Co. 152 Home Shopping Network 312 Bravo 17 NBC - WAND 153 EVINE Live 313 Oxygen 22 CW - WBUI 172 Trinity Broadcasting Network 314 HGTV 42 ABC - WICS 173 Daystar 315 Food Network 44 FOX - WRSP 174 The Word Network 318 Lifetime Real Women 48 CBS - WCIA 175 INSP 320 AMC 285 Comet TV 176 Eternal Word 323 TV Land 286 TBD 180 WSIU 330 Comedy Central 287 Charge 181 Create 333 History 288 This 182 PBS Kids 340 Syfy 289 Stadium 200 North Clay School 342 National Geographic 290 MyTV 201 North Wayne School 346 VH1 291 MeTV 202 Flora School 352 ACC Network 292 Antenna TV 210 C-SPAN 353 Comcast Sports Net Chicago Jefferson Co.
    [Show full text]
  • Justice Department Requires Divestiture from Gannett Co. Inc. in Order to Proceed with Its Acquisition of Belo Corp
    FOR IMMEDIATE RELEASE AT MONDAY, DECEMBER 16, 2013 (202) 514-2007 WWW.JUSTICE.GOV TTY (866) 544-5309 JUSTICE DEPARTMENT REQUIRES DIVESTITURE FROM GANNETT CO. INC. IN ORDER TO PROCEED WITH ITS ACQUISITION OF BELO CORP. Divestiture Will Preserve Broadcast Television Competition in St. Louis WASHINGTON – The Department of Justice announced today that it will require Gannett Co. Inc., Belo Corp. and Sander Media LLC to divest their interests in KMOV-TV, a CBS affiliate in St. Louis, in order to proceed with Gannett’s acquisition of Belo, and Sander’s related acquisition of six Belo television stations that Gannett cannot hold under Federal Communications Commission (FCC) rules. The department said that, without the required divestiture, Gannett would have gained a dominant position in broadcast television spot advertising in the St. Louis area, resulting in higher prices advertisers. In addition to acquiring the six stations from Belo, Sander will enter into several agreements with Gannett in order to both finance purchasing the stations and facilitate operating the stations. KMOV-TV is one of the six stations Sander would acquire from Belo and would be subject to agreements between Sander and Gannett. These agreements, however, do not include any joint negotiation of retransmission rights in St. Louis. The Gannett-Belo acquisition is valued at approximately $2.2 billion. The department’s Antitrust Division filed a civil antitrust lawsuit today in the U.S. District Court for the District of Columbia to block the proposed acquisition and related agreements between Gannett and Sander, including an option for Gannett to assign or acquire the Belo stations sold to Sander, a financing guarantee and a long-term shared services agreement.
    [Show full text]
  • TEGNA and NBC Renew Affiliation Agreement
    TEGNA and NBC Renew Affiliation Agreement January 4, 2021 TYSONS, Va. & NEW YORK--(BUSINESS WIRE)--Jan. 4, 2021-- TEGNA Inc. (NYSE: TGNA) and NBC today announced a comprehensive, multi-year deal that renews station affiliation agreements for 20 TEGNA markets nationwide, including 10 of the top 25 markets for NBC. The 20 markets renewed cover 17 percent of the U.S. audience and nearly 21 million households. TEGNA is the largest independent owner of NBC affiliates. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210104005193/en/ “As the largest NBC affiliate group among independent station groups, we are proud of our longstanding partnership that serves our communities,” said Dave Lougee, president and CEO, TEGNA. “This new multi-year agreement allows our stations to continue providing consumers and advertisers with premium network content such as TODAY, Sunday Night Football and the Tokyo Olympic Games. We value our collaboration, which enables us to provide must-have national content alongside our award-winning local news, weather and sports.” “We value our longtime partnership with TEGNA, which includes key markets across the country,” said Philip Martzolf, President, NBC Affiliate Relations. “Together, we look forward to continuing to provide NBC programming to millions of households.” The new agreement includes full carriage of the NBC broadcast network, including “TODAY,” “NBC Nightly News with Lester Holt,” “Sunday Night Football,” the Summer and Winter Olympic Games, “This Is Us,” “The Voice,” “The Tonight Show Starring Jimmy Fallon” and more. The agreement includes renewals for these TEGNA-owned NBC affiliates: WXIA in Atlanta, GA; KPNX/KNAZ in Phoenix, AZ; KING in Seattle, WA; KARE in Minneapolis, MN; KUSA in Denver, CO; WKYC in Cleveland, OH; KGW in Portland, OR; WCNC in Charlotte, NC; KSDK in St.
    [Show full text]
  • Spring 2018 Courier
    Spring 2018 Lehrer, Cusumano, Bruce, Mink, Auble, KSHE-95 Honored at Media Persons of the Year Gala The St. Louis Press Club held its 26th Media Persons of the Year Gala on February 21 at the Edward Jones North Campus facility and raised nearly $30,000 to support its many journalism, media and communication scholarships and its enterprise journalism grants. Jim Lehrer, one of public television’s most well- known and respected national journalists, was presented with a Lifetime Achievement Award and four St. Louis- based media professionals -- John Auble, Betsey Bruce, Frank Cusumano, Eric Mink -- and KSHE 95 radio Betsey Bruce station were honored with Media Person of the Year awards. Jim Lehrer KSDK news anchor Mike Bush was the emcee, host and interviewer for the event. Eric Mink, a veteran newspaper journalist, television critic, college instructor and columnist, was honored in the print category. Betsey Bruce, St. Louis television anchor, reporter and news writer whose career spanned more than 45 years, and Frank Cusumano, longtime KSDK-5 sportscaster, radio show host and sports director, were honored in the television category; the radio honoree was KSHE 95, celebrating its 50th anniversary. The late John Auble, longtime KTVI television anchor, Frank Cusumano reporter and the recipient of seven mid-America Emmy John Auble Awards, was honored posthumously. Auble also worked at KSDK and KMOV. Jim Lehrer, who co-anchored the MacNeil/Lehrer NewsHour and the PBS NewHour with Robert MacNeil for 20 years, began his career in newspapers after earning a journalism degree at the University of Missouri in 1956.
    [Show full text]
  • Download Annual Report
    Trusted Voices Delivering Results 2020 ANNUAL REPORT A TEGNA Key Financial Metrics 2020 Results $2.9B $1.3B Total Revenue Subscription Revenue 28% growth 28% growth compared to 2019 compared to 2019 33% growth 53% growth compared to 2018 compared to 2018 $446M $483M $1B Political Revenue GAAP Net Income in Adjusted EBITDA* 91% growth 69% growth 45% growth compared to 2018 compared to 2019 compared to 2019 19% growth 31% growth compared to 2018 compared to 2018 * “Adjusted EBITDA,” a non-GAAP measure, is defined as net income attributable to the Company before (1) net loss attributable to redeemable noncontrolling interest, (2) income taxes, (3) interest expense, (4) equity income in unconsolidated investments, net, (5) other non-operating items, net, (6) workforce restructuring expense, (7) M&A due diligence costs, (8) acquisition-related costs, (9) advisory fees related to activism defense, (10) spectrum repacking reimbursements and other, net, (11) depreciation and (12) amortization. Superior 2- and 3-Year TSR1 Since Becoming a Pure-Play Broadcasting Company 33.5% 2-Year (2019-2020) 21.4% 3-Year 5.5% (2018-2020) TEGNA 2.3% Peer Median 0 5 10 15 20 25 30 35 1 Total shareholder return includes impact of stock price performance and reinvested dividends. Peer set is E.W. Scripps, Gray TV, Meredith, Nexstar and Sinclair. Five Pillars of Value Creation Driving Strong Growth Aggressive, yet Commitment to disciplined pursuit Growth strong free cash Best-in-class of accretive M&A, through organic Maintain a strong flow generation operator including adjacent innovation, such balance sheet and optimized businesses and as Premion capital allocation technologies process 2021 Annual Guidance Subscription Revenue Growth +Mid to High-Teens percent Non-GAAP Corporate Expense $44 - $48 million Depreciation $62 - $66 million Amortization $60 - $65 million Interest Expense $187 - $192 million Capital Expenditures $64 - $69 million Including Non-Recurring Capital Expenditures $20 - $22 million Effective Tax Rate 24.0 – 25.0% Net Leverage Ratio Mid 3x Free Cash Flow as a % of est.
    [Show full text]
  • Gannett Co., Inc., Et
    Case 1:13-cv-01984 Document 1 Filed 12/16/13 Page 1 of 16 UNITED STATES DISTRICT COURT FOR THE DISTRICT OF COLUMBIA UNITED STATES OF AMERICA, Department of Justice Antitrust Division 450 5th Street, N.W. Suite 7000 Washington, D.C. 20530 Plaintiff, v. GANNETT CO., INC., CASE NO. 7950 Jones Branch Drive McLean, Virginia 22107, JUDGE: BELO CORP., FILED: 400 South Record Street Dallas, Texas 75202, and SANDER MEDIA LLC, 28150 N. Alma School Parkway #103 PBM 509 Scottsdale, Arizona 85262 Defendants. COMPLAINT The United States of America, acting under the direction of the Attorney General of the United States, brings this civil action to enjoin the proposed acquisition of Belo Corp. (“Belo”) by Gannett Co., Inc. (“Gannett”), and the simultaneous implementation of related agreements between Gannett and Sander Holdings Co. LLC, a wholly owned subsidiary of Sander Media LLC (“Sander”), pursuant to which broadcast television station KMOV-TV in St. Louis, Case 1:13-cv-01984 Document 1 Filed 12/16/13 Page 2 of 16 Missouri, along with certain other broadcast television stations owned by Belo, will be transferred to and operated by Sander (collectively “the Transaction”), and to obtain other equitable relief. The Transaction likely would lessen competition substantially and would restrain trade in the sale of broadcast television spot advertising in the St. Louis Designated Market Area (“DMA”), which includes parts of Missouri and Illinois, in violation of Section 1 of the Sherman Act and Section 7 of the Clayton Act, 15 U.S.C. §§ 1 and 18. The United States alleges as follows: I.
    [Show full text]
  • United States District Court for the District of Columbia
    UNITED STATES DISTRICT COURT FOR THE DISTRICT OF COLUMBIA UNITED STATES OF AMERICA, Department of Justice Antitrust Division 450 5th Street, N.W. Suite 7000 Washington, D.C. 20530 Plaintiff, v. GANNETT CO., INC., CASE NO. 7950 Jones Branch Drive McLean, Virginia 22107, JUDGE: BELO CORP., FILED: 400 South Record Street Dallas, Texas 75202, and SANDER MEDIA LLC, 28150 N. Alma School Parkway #103 PBM 509 Scottsdale, Arizona 85262 Defendants. COMPLAINT The United States of America, acting under the direction of the Attorney General of the United States, brings this civil action to enjoin the proposed acquisition of Belo Corp. (“Belo”) by Gannett Co., Inc. (“Gannett”), and the simultaneous implementation of related agreements between Gannett and Sander Holdings Co. LLC, a wholly owned subsidiary of Sander Media LLC (“Sander”), pursuant to which broadcast television station KMOV-TV in St. Louis, Missouri, along with certain other broadcast television stations owned by Belo, will be transferred to and operated by Sander (collectively “the Transaction”), and to obtain other equitable relief. The Transaction likely would lessen competition substantially and would restrain trade in the sale of broadcast television spot advertising in the St. Louis Designated Market Area (“DMA”), which includes parts of Missouri and Illinois, in violation of Section 1 of the Sherman Act and Section 7 of the Clayton Act, 15 U.S.C. §§ 1 and 18. The United States alleges as follows: I. NATURE OF THE ACTION 1. Pursuant to the June 12, 2013, Agreement and Plan of Merger, Gannett will acquire all outstanding stock of Belo for approximately $1.5 billion, with a total transaction value of $2.2 billion including assumed debt.
    [Show full text]