Tegna People Need to Ask for a Raise
/Tegna reported their 4th quarter earnings and while they tried to paint a rosy picture, the stock holders were not impressed. Tegna’s stock dropped over a dollar, down to just $16 bucks and change.
But, Tegna CEO Dave Lougee expects that the company will rake in millions this election year.
“We are more confident than ever that 2020 will be a record year for political advertising, producing at least $300 million in revenue,” Lougee said in his 4th quarter report.
$300,000,000 all from 66 Tegna stations?
You guys need to ask your boss for a raise.
And, don’t let them say they can’t afford it, because they can.