Tegna operates primarily in which industry?

• A. Television broadcasting
• B. Automobile manufacturing
• C. Banking
• D. Pharmaceuticals

Answer: (A)

Understanding which industry a company belongs to comes from looking at what it primarily does. Tegna is a broadcast media company that owns and operates television stations and delivers local TV programming, including news, to viewers. Its main activity is producing and distributing TV content and earning revenue mainly through advertising tied to those broadcasts and related distribution. That places it squarely in the television broadcasting industry. It isn’t involved in making cars, offering financial services, or developing medicines, which would align with automobile manufacturing, banking, or pharmaceuticals.