Washington, DC. TEGNA Inc. (NYSE: TGNA) has made a strategic investment in Whistle Sports, a global media company that focuses on providing sports content for millennials from over 300 YouTube channels. Launched in 2014, the company provides support and resources to these video creators, as well as creates their own content. Whistle Sports features a rapidly growing library of more than 230,000 videos and 1,720 channels that drive more than 600 million video views each month.
Nixon Peabody advised TEGNA in the deal. The legal team was led by public company transactions partner John Partigan and associate Pierce Han.
TEGNA Inc. (NYSE: TGNA), formerly Gannett Co., Inc., is comprised of a dynamic portfolio of media and digital businesses that provide content that matters and brands that deliver. TEGNA reaches more than 90 million Americans and delivers highly relevant, useful and smart content, when and how people need it, to make the best decisions possible. TEGNA Media includes 46 television stations and is the largest independent station group of major network affiliates in the top 25 markets, reaching approximately one-third of all television households nationwide. TEGNA Digital is comprised of Cars.com, the leading online destination for automotive consumers, CareerBuilder, a global leader in human capital solutions, and other powerful brands such as G/O Digital and Cofactor.