TEGNA's Locked On Podcast Network celebrates ten years and anticipates one billion listens by year-end 2026.
Quiver AI Summary
TEGNA Inc. announced that its Locked On Podcast Network is poised to achieve one billion listens, views, and social engagements by the end of 2026, coinciding with the network's tenth anniversary. Acquired by TEGNA in 2021, Locked On has grown from one show in 2016 to a network of 275 daily podcasts covering all major North American sports leagues and college sports. With over 90 million monthly combined interactions, it has become the leading sports podcast network. The network continues to innovate, introducing new formats like Postcasts and collaborations with Amazon Fire TV, while also launching a free NBA Draft Guide to enhance fan engagement. Locked On's commitment to delivering dedicated, team-specific coverage remains strong as it looks to expand its reach and deepen connections with sports fans.
Potential Positives
- Locked On Podcast Network is projected to reach one billion listens, views, and social engagements by the end of 2026, highlighting significant audience growth and engagement.
- The network has expanded from a single podcast to 275 daily podcasts, showcasing its strong and successful growth strategy in the sports media space.
- TEGNA’s acquisition of Locked On in 2021 is validated by the network's success as the number one sports podcast network, contributing positively to TEGNA's reputation and market presence.
- The launch of new initiatives and a free NBA Draft Guide signifies innovation and a commitment to enhancing fan engagement, which could lead to further audience growth.
Potential Negatives
- Despite the announcement of rapid growth and future initiatives, the press release does not disclose any financial performance metrics or revenue growth, which raises concerns about the underlying profitability of the Locked On Podcast Network.
- The mention of compliance with a "Hold Separate Order" issued by the court could suggest ongoing legal or regulatory challenges that may impact the company's operations or business strategy.
- The release focuses heavily on metrics but lacks specific details on how the company plans to sustain or enhance engagement and growth beyond the anticipated one billion listens, views, and social engagements, which may imply uncertainty about future performance.
FAQ
What is the Locked On Podcast Network's milestone for 2026?
The Locked On Podcast Network is on track to reach one billion listens, views and social engagements by the end of 2026.
When was the Locked On Podcast Network established?
Locked On was founded in 2016 and has celebrated its tenth anniversary in 2026.
How many podcasts does the Locked On network produce?
The Locked On Podcast Network produces more than 275 daily podcasts covering various sports teams.
What are some new initiatives from Locked On?
Recent initiatives include Postcasts, Squad Shows, FAST TV channels, and partnerships with Amazon Fire TV.
Who is the parent company of TEGNA Inc.?
TEGNA Inc. is a wholly owned subsidiary of Nexstar Media Group, Inc.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$NXST Insider Trading Activity
$NXST insiders have traded $NXST stock on the open market 49 times in the past 6 months. Of those trades, 0 have been purchases and 49 have been sales.
Here’s a breakdown of recent trading of $NXST stock by insiders over the last 6 months:
- DANA ZIMMER (See Remarks) has made 0 purchases and 5 sales selling 7,061 shares for an estimated $1,505,089.
- SEAN COMPTON (President, Networks) has made 0 purchases and 5 sales selling 7,538 shares for an estimated $1,468,942.
- GARY WEITMAN (See Remarks) has made 0 purchases and 6 sales selling 5,562 shares for an estimated $1,209,879.
- MICHAEL BIARD (President & COO) has made 0 purchases and 3 sales selling 4,018 shares for an estimated $792,805.
- RACHEL MORGAN (EVP General Counsel) has made 0 purchases and 3 sales selling 3,645 shares for an estimated $775,738.
- ROBERT S. WEAVER (EVP, Government Relations) has made 0 purchases and 2 sales selling 2,973 shares for an estimated $639,807.
- LEE ANN GLIHA (EVP, Chief Financial Officer) has made 0 purchases and 4 sales selling 3,089 shares for an estimated $610,898.
- ANDREW ALFORD (President, Broadcasting) has made 0 purchases and 5 sales selling 2,769 shares for an estimated $526,643.
- JOHN R MUSE sold 1,500 shares for an estimated $329,445
- BRETT JENKINS (See Remarks) has made 0 purchases and 4 sales selling 1,324 shares for an estimated $255,890.
- BLAKE RUSSELL (EVP, Operations) has made 0 purchases and 4 sales selling 1,076 shares for an estimated $207,779.
- CHARLES THOMAS MCMILLEN sold 1,000 shares for an estimated $180,000
- ROYCE A. WELLS sold 825 shares for an estimated $175,527
- DAN LANZANO (See Remarks) has made 0 purchases and 3 sales selling 622 shares for an estimated $122,965.
- LINDSEY KNAPP (EVP, Human Resources) has made 0 purchases and 2 sales selling 382 shares for an estimated $70,671.
To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.
$NXST Revenue
$NXST had revenues of $1.4B in Q1 2026. This is an increase of 13.13% from the same period in the prior year.
You can track NXST financials on Quiver Quantitative's NXST stock page.
You can access data on NXST stock through the Quiver Quantitative API.
$NXST Hedge Fund Activity
We have seen 225 institutional investors add shares of $NXST stock to their portfolio, and 275 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- PACER ADVISORS, INC. removed 430,913 shares (-100.0%) from their portfolio in Q4 2025, for an estimated $87,496,884
- ALLIANCEBERNSTEIN L.P. removed 351,242 shares (-91.0%) from their portfolio in Q1 2026, for an estimated $63,515,090
- PRICE T ROWE ASSOCIATES INC /MD/ added 308,137 shares (+135.7%) to their portfolio in Q1 2026, for an estimated $55,720,413
- BALYASNY ASSET MANAGEMENT L.P. added 258,775 shares (+inf%) to their portfolio in Q1 2026, for an estimated $46,794,283
- GOLDMAN SACHS GROUP INC removed 215,025 shares (-56.0%) from their portfolio in Q1 2026, for an estimated $38,882,970
- HOOK MILL CAPITAL PARTNERS, LP added 213,349 shares (+inf%) to their portfolio in Q1 2026, for an estimated $38,579,899
- CHARLES SCHWAB INVESTMENT MANAGEMENT INC removed 195,329 shares (-16.5%) from their portfolio in Q1 2026, for an estimated $35,321,343
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
$NXST Price Targets
Multiple analysts have issued price targets for $NXST recently. We have seen 7 analysts offer price targets for $NXST in the last 6 months, with a median target of $270.0.
Here are some recent targets:
- Steven Cahall from Wells Fargo set a target price of $253.0 on 05/08/2026
- Patrick W. Sholl from Barrington Research set a target price of $290.0 on 04/28/2026
- Jason Bazinet from Citigroup set a target price of $220.0 on 04/10/2026
- Daniel L. Kurnos from Benchmark set a target price of $250.0 on 04/06/2026
- Benjamin Soff from Deutsche Bank set a target price of $270.0 on 03/23/2026
- Curry Baker from Guggenheim set a target price of $290.0 on 02/27/2026
Full Release
MCLEAN, Va., June 16, 2026 (GLOBE NEWSWIRE) -- TEGNA Inc. (NASDAQ: NXST) announced today that the Locked On Podcast Network is on track to reach one billion listens, views and social engagements by the end of 2026. Today marks the tenth anniversary of Locked On, the number one sports podcast network acquired by TEGNA in 2021.
Built on the idea that every fanbase deserves a daily, dedicated podcast and that hyper-local coverage could draw large audiences, Locked On evolved from a single show in 2016 into a network of 275 daily podcasts covering every NBA, NFL, MLB, and NHL team, and major college sports programs daily. Earning more than 90 million combined listens, views, and social engagements each month, the Locked On Podcast Network produces the most total episodes and has the largest podcast audience of any native sports network.
“Locked On’s founding principle, ‘Your Team. Every Day,’ has remained constant,” said David Locke, president, Locked On Podcast Network. “We fully committed to the idea that sports fans are fans of their team first and have never wavered from that belief. We have proven we can be successful delivering daily team-specific coverage for passionate fans. Across 275 shows and 10 uninterrupted years, that idea has held true.”
In recent years, the podcast network has continued to build momentum with a slate of new initiatives, including Postcasts and Squad Shows, FAST TV channels, programming in partnership with Amazon Fire TV, including Bracket Breakdown and College Football Kickoff, and rapid expansion across social channels which has generated millions of views. In addition, a new, free NBA Draft Guide will debut this week, to immerse fans more fully in the draft.
“Our first decade proved that sports fans want more depth, more insights, and more of the voices that share their deep commitment and loyalty to their teams,” said Carl Weinstein, chief operating officer, Locked On Podcast Network. “The next chapter is about delivering that in new ways. We’re excited to continue growing and engaging fans, wherever they are, with innovative coverage every day.”
About Locked On Podcast Network
Founded in 2016, Locked On produces more than 275 podcasts, providing in-depth coverage of every NBA, NFL, MLB, and NHL team, plus major college sports teams and conferences daily. The number one sports podcast network generates over 90 million listens, views, and social engagements each month. Its podcasts were streamed 515 million times in 2025 across the major podcast audio apps and for video on YouTube and leading OTT platforms.
About TEGNA
TEGNA Inc.
is a wholly owned subsidiary of Nexstar Media Group, Inc. (NASDAQ: NXST), operating independently of Nexstar consistent with the “Hold Separate Order” issued by the United States District Court for the Eastern District of California on April 17, 2026. TEGNA is a multiplatform media company operating 64 local television stations in 51 U.S. markets, and hundreds of websites, mobile and Connected TV (CTV) apps, and Premion, a leading Connected TV and Over-the-Top (OTT) advertising platform.
For media inquiries, contact:
Molly McMahon
Director, Corporate Communications
703-873-6422
[email protected]
