Add-on Acquisition • Media

TEGNA Acquires Locked On Podcast Network

On January 27, 2021, TEGNA acquired media company Locked On Podcast Network

Acquisition Context
  • This is TEGNA’s 14th transaction in the Media sector.
  • This is TEGNA’s 26th transaction in the United States.

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M&A Deal Summary

Date January 27, 2021
Target Locked On Podcast Network
Sector Media
Buyer(s) TEGNA
Deal Type Add-on Acquisition

Target Company

Locked On Podcast Network

United States
Locked On Podcast Network is a provider of podcast network for local sports. Locked On Podcast Network was founded in 2016 and is based in United States.
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Buyer Overview 1

Buyer

TEGNA

Tysons, Virginia, United States

Category Company
Founded 1906
Sector Media
Employees6,430
Revenue 3.1B USD (2024)
DESCRIPTION

TEGNA is a diversified media company. The Company operates through two business segments, Media and Digital. The Media segment comprises of 46 television stations in 38 markets. The Digital segment consists of the Cars.com (formerly Classified Ventures LLC) and CareerBuilder businesses. TEGNA was founded in 1906 and is based in Tysons, Virginia.


Deal Context for Buyer #
Overall 26 of 26
Sector: Media 14 of 14
Type: Add-on Acquisition 16 of 16
Country: United States 26 of 26
Year: 2021 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-05-06 Cooper Holdings

Atlanta, Georgia, United States

Cooper Holdings, Inc. (Justice Network & Quest Network) is a 24/7 broadcast television network that entertains and informs its viewers with gripping crime and investigation programming while making communities safer.

Buy $91M