E. W. Scripps

The E.W. Scripps Co. engages in the television and newspaper publishing. It operates through the following business segments: Local Media, National Media, and Other. The Local Media segment comprises local broadcast television stations and their related digital operations. The National Media segment consists of national media businesses including over-the-air broadcast networks, Katz, podcast business, Midroll, next generation national news network, Newsy, and other national brands. The company was founded by Edward Willis Scripps in 1878 and is headquartered in Cincinnati, OH.

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E.W. Scripps reports strong Q4 earnings amidst ad market challenges

E.W. Scripps Company delivered a robust performance in Q4 2022, driven by strong revenue growth and profit margins, despite challenges in national advertising and upcoming revenue declines.
The company's strategic focus on live sports, news content, and cost-saving reorganization positions it well for future growth and negotiations in the evolving media landscape.
Analysts' inquiries into cost savings breakdown, advertising trends, and distribution strategies reflect a mix of challenges and opportunities that Scripps is navigating to drive shareholder value and revenue growth.

E.W. Scripps reports resilient Q1 results amidst economic challenges

E.W. Scripps focuses on financial discipline, strategic growth, and creating a more efficient business despite economic challenges. Strong performance in certain advertising categories and partnerships with sports teams for full distribution and monetization. Revised guidance for 2023 and expectations of significant opportunities in ATSC 3.0 transition.

Scripps reports strong Q2 results, eyes growth amidst industry challenges

Scripps demonstrated resilience in Q2 amidst industry challenges, focusing on debt reduction and cost savings while strategically positioning for long-term value creation.
Despite revenue declines in Q2, the company's strong performance in segment profits and adaptability to market dynamics showcase its strategic agility.
Opportunities in the auto industry, connected TV platforms, and potential benefits from the Hollywood strike position Scripps for future growth and cost efficiencies.

E.W. Scripps Q3 Earnings Beat Expectations, Eyes Growth Opportunities

E.W. Scripps Company's Q3 performance was strong, driven by local ad sales and Connected TV revenue growth. Despite challenges in advertising and TV station costs, Scripps is focused on leveraging opportunities in sports rights deals, political ad revenue, and debt reduction.

E.W. Scripps beats Q4 expectations, eyes growth amidst challenges

E.W. Scripps showcased strong performance in Q4 2023, exceeding free cash flow expectations and driving revenue growth in key segments.
While facing challenges such as projected losses and shareholder-attributed losses, the company remains focused on cost savings and debt reduction.
Opportunities lie in leveraging advertising momentum, growth in Connected TV revenue, and strategic financial maneuvers to navigate the evolving media landscape.

E.W. Scripps achieves record political revenue amidst market challenges

E.W. Scripps reported strong performance in political advertising revenue and local media division, while facing challenges in the Networks division and auto advertising.
The company's strategic strengths lie in leveraging live sports partnerships, debt reduction plans, and promoting over-the-air TV for revenue growth.
Opportunities exist in optimizing resource allocation, capitalizing on over-the-air TV growth, focusing on local dealers, and maintaining confidence in political revenue outlook.
Scripps needs to address challenges in the Networks division, CTV dynamics, and auto advertising decline while capitalizing on growth opportunities for sustained performance.

E. W. Scripps (SSP) reports record political ad revenue and aggressive debt reduction strategy

E. W. Scripps (SSP) delivered a strong performance in Q3 2024, driven by record political ad revenue and successful debt reduction efforts. While facing challenges in certain divisions, the company is strategically focused on margin expansion and operational efficiencies. Scripps is well-positioned to capitalize on opportunities for further financial improvement.

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The E.W. Scripps Co. engages in television and newspaper publishing. It operates through the following business segments: Local Media, Scripps Networks, and Other. The Local Media segment consists of local broadcast television stations and their related digital operations. The Scripps Networks segment consists of national television networks. The company was founded in 1878 and is headquartered in Cincinnati, OH.

CINCINNATI , May 9, 2024 /PRNewswire/ -- The E.W. Scripps Company (NASDAQ: SSP) delivered $561 million in revenue for the first quarter of 2024.

Scripps reports Q1 2024 financial results

CINCINNATI , May 7, 2024 /PRNewswire/ -- Meredith Delaney has been appointed president and CEO of the Scripps Howard Fund, the philanthropic arm of The E.W. Scripps Company (NASDAQ: SSP), effective May 8.

Scripps appoints new president and CEO of the Scripps Howard Fund

CINCINNATI , April 29, 2024 /PRNewswire/ -- The E.W. Scripps Company (NASDAQ: SSP) is adding Seth Walters – a media executive with more than a decade of streaming TV experience – to its sales leadership team as head of CTV sales, effective April 29.

Scripps appoints Seth Walters to steer connected TV sales strategy

EW Scripps has received inbound interest in its Black-culture network Bounce TV, CEO Adam Symson said in an exclusive CNBC interview.

EW Scripps exploring sale of Black-culture broadcast network Bounce TV

CINCINNATI , April 18, 2024 /PRNewswire/ -- The E.W. Scripps Company (NASDAQ: SSP) will report first-quarter 2024 operating results after the markets close on Thursday, May 9.

Scripps to report first-quarter 2024 operating results on May 9

E.W. Scripps, which acquired ION in 2020, is repositioning the broadcast network as a home for general entertainment and live sports. WNBA and National Women's Soccer League games will now occupy weekly slots in the programming lineup, which had historically consisted only of syndicated fare.

E.W. Scripps Repositions ION As A General Entertainment Network, Highlighting Live Sports In Pitch To Ad Buyers

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NEW YORK , March 27, 2024 /PRNewswire/ -- S&P Dow Jones Indices will make the following changes to the S&P 500, S&P MidCap 400 and S&P SmallCap 600: Solventum Corp. (NYSE: SOLV) will be added to the S&P 500 effective prior to the open of trading on Monday, April 1, replacing V.F. Corp. (NYSE: VFC), which will be moved to the S&P SmallCap 600 effective prior to the open of trading on Wednesday, April 3.

GE Vernova and Solventum Set to Join S&P 500; Dentsply Sirona to Join S&P MidCap 400; Others to Join S&P SmallCap 600

CINCINNATI , March 25, 2024 /PRNewswire/ -- The E.W. Scripps Company (NASDAQ: SSP) has nominated senior consumer research and marketing services executive Nishat Mehta to its board of directors.

Scripps nominates consumer research and data expert to company board position

CINCINNATI , Feb. 28, 2024 /PRNewswire/ -- The E.W. Scripps Company has appointed award-winning news executive Kate O'Brian to the new role of president of News, responsible for all news operations across Scripps' local media stations, Scripps News and Court TV.

Scripps consolidates news leadership under award-winning news executive Kate O'Brian

The E.W. Scripps Company (SSP) Q4 2023 Earnings Call Transcript

CINCINNATI , Feb. 23, 2024 /PRNewswire/ -- The E.W. Scripps Company (NASDAQ: SSP) delivered $616 million in revenue for the fourth quarter of 2023.

Scripps reports Q4 2023 financial results

CINCINNATI , Feb. 5, 2024 /PRNewswire/ -- The E.W. Scripps Company (NASDAQ: SSP) has hired Tony Song, a seasoned media sales and marketing executive, to the newly created role of head of network sales and advanced TV, effective Feb. 7.

Scripps hires media industry executive Tony Song to lead national network sales and advanced TV

CINCINNATI , Feb. 1, 2024 /PRNewswire/ -- The E.W. Scripps Company (NASDAQ: SSP) will report fourth-quarter 2023 operating results before Nasdaq trading begins on Friday, Feb. 23.

Scripps to report fourth-quarter 2023 operating results on Feb. 23

WASHINGTON , Jan. 22, 2024 /PRNewswire/ -- As millions of Americans prepare to vote in local, state and federal elections this year, National News Literacy Week 2024 highlights the importance of news literacy and local news in a healthy democracy. The fifth annual event kicks off today with opportunities for participation throughout the week.

National News Literacy Week 2024: Spotlight on local news

CINCINNATI , Jan. 19, 2024 /PRNewswire/ -- Bill Appleton, chief legal officer for The E.W. Scripps Company (NASDAQ: SSP), will retire at the end of 2024, and the company has appointed Deputy General Counsel Dave Giles to replace him.

Bill Appleton retiring as Scripps' chief legal officer; Dave Giles appointed to succeed him

Spotlight on local news and its role in a healthy democracy WASHINGTON , Jan. 9, 2024 /PRNewswire/ -- With thousands of local, state and federal elections on the line in 2024, finding solutions to the local news crisis has never been more imperative. That's why the fifth annual National News Literacy Week (Jan. 22–26) will highlight the vital role of local news in keeping communities informed and connected.

Save the date: National News Literacy Week 2024

CINCINNATI , Jan. 9, 2024 /PRNewswire/ -- Adam Symson, president and CEO of The E.W. Scripps Company (NASDAQ: SSP), will discuss the company's business strategies and trends in the U.S. television industry at the 26th Annual Needham Growth Conference in New York on Wednesday, Jan. 17.

Scripps CEO, Needham media analyst to discuss industry trends at conference on Jan. 17

ATLANTA , Jan. 9, 2024 /PRNewswire/ -- Scripps News is joining forces with POLITICO for a new original series that will bring together the award-winning reporting from both national news organizations to cover the 2024 election and the issues that voters will face at the polls. "The Race – Weekend" is one of three new shows debuting on Scripps News this month, focusing on politics and the economy.

Scripps News to partner with POLITICO for new series

CINCINNATI , Jan. 3, 2024 /PRNewswire/ -- The Scripps Howard Fund is accepting entries for the 71st Scripps Howard Awards, one of the nation's most prestigious journalism competitions. The awards honor the journalism and storytelling produced in 2023.

71st Scripps Howard Awards accepting entries Jan. 3-Feb. 5

CINCINNATI , Nov. 20, 2023 /PRNewswire/ -- Executives from The E.W. Scripps Company (NASDAQ: SSP) will discuss the company's business strategies at three investor conferences in November and December.

Scripps to present on business strategies at three upcoming investor conferences

ATLANTA , Nov. 9, 2023 /PRNewswire/ -- Court TV is launching a new documentary special at 8 p.m. ET Sunday, Nov. 12 that coincides with the one-year anniversary of the shocking murder investigation around four University of Idaho students that stunned the country.

Court TV to debut 'The Case Against Bryan Kohberger' on Nov. 12

The E.W. Scripps Company (SSP) Q3 2023 Earnings Call Transcript

CINCINNATI , Nov. 3, 2023 /PRNewswire/ -- The E.W. Scripps Company (NASDAQ: SSP) delivered $567 million in revenue and $97.5 million in segment profit for the third quarter of 2023.

Scripps reports Q3 2023 financial results

CINCINNATI , Oct. 26, 2023 /PRNewswire/ -- Executives from The E.W. Scripps Company (NASDAQ: SSP) will discuss the company's business strategies at the Stephens Annual Investment Conference (NASH2023) in Nashville, Tennessee.

Scripps to present on business strategies at Stephens Conference on Nov. 14, 2023

CINCINNATI , Oct. 22, 2023 /PRNewswire/ -- The journalism produced by the 70th Scripps Howard Award winners spurred action and led to changes across the globe. The Scripps Howard Awards, presented by the Scripps Howard Fund, honor reporting from television stations, networks, radio and podcasts, visual media, online media outlets, independent producers, newspapers and print publications.

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