I believe in the power of local news. Strengthening American democracy depends on more engaged and informed citizens at the local level. But in today’s fractured media environment, there are fewer credible options for consumers to turn to for their news. Local broadcast news can help fill this void.
My company, Standard General, is acquiring broadcaster Tegna because I want to build a new company that will be a leader in preserving and enhancing community news, investing in newsrooms and programming targeted to local audiences, and adapting in a rapidly changing technical and competitive environment.
We’re ready to invest, but regulators in Washington continue to hold us back.
