The E.W. Scripps Company reports developments across its local television stations, national networks, sports media rights and balance-sheet initiatives. The company operates one of the largest local TV station portfolios in the U.S., reaches national audiences through Scripps News and entertainment brands including ION, Bounce, Grit, ION Mystery, ION Plus and Laff, and owns Scripps Sports.
Recurring Scripps news includes quarterly operating results, core advertising, political advertising and distribution revenue, station portfolio transactions, debt-reduction efforts and programming agreements. Coverage also includes Scripps Sports partnerships with professional and college sports properties, FAST channel initiatives, ION programming, and the company’s role as steward of the Scripps National Spelling Bee.
E.W. Scripps (NASDAQ: SSP) reported third-quarter 2026 revenue of $545 million, with profit attributable to shareholders reversing a year-earlier loss. Revenue rose 3.6%; shareholder income was $20.7 million, or $0.21 per share, versus a $49 million loss. Political revenue reached $82.6 million, compared with $5.5 million.
Local Media revenue rose 19% on an adjusted combined basis, while Scripps Networks revenue fell 11%. Through Election Day, full-year Local Media political advertising reached $284 million, 44% above 2022. Scripps expects its transformation to generate $125–$150 million in enterprise EBITDA growth by 2028 through savings and revenue initiatives. It reduced its workforce about 20% in 2026. Debt totaled $2.5 billion at September 30; the company plans to repay at least $150 million in the fourth quarter. The nine-month shareholder loss was $1.2 billion, including a $1.1 billion non-cash impairment charge.
The E.W. Scripps Company (NASDAQ: SSP) will discuss its business strategies at three investor conferences in December 2026.
Executives will attend the Bank of America Leveraged Finance Conference in Boca Raton on Dec. 1–2, the UBS Global Media and Communications Conference in New York on Dec. 8, and the Wells Fargo TMT Summit in Palos Verdes on Dec. 9. Live webcasts and presentation replays will be available on the company’s website.
E.W. Scripps (SSP) raised its full-year 2026 Local Media political advertising revenue outlook to about $275 million.
The outlook is about 40% above 2022 midterm election revenue and replaces August guidance of $225-$250 million. Scripps completed 431 workforce reductions Tuesday, bringing employees impacted in 2026 to about 850, nearly 20% of its beginning-of-year employee count.
The transformation plan targets $125-$150 million of growth in enterprise EBITDA, a measure of earnings before interest, taxes, depreciation and amortization, by 2028. Scripps expects about $100 million in annual run-rate savings to be implemented by year end, with transformation effects becoming most evident beginning in fourth-quarter results. It plans to use its $83 million in cash at third-quarter end and fourth-quarter political advertising proceeds to repay at least $150 million of debt in the fourth quarter.
The E.W. Scripps Company (NASDAQ: SSP)-supported Scripps Howard Fund distributed its literacy campaign’s 2 millionth book on Sept. 23 in Cleveland. The milestone comes as the campaign marks 10 years of book distributions. Donor support will allow the Fund to invest more than $1.3 million to provide more than 200,000 free books to children at underserved U.S. schools during the 2026–2027 school year.
The E.W. Scripps Company (NASDAQ: SSP) will release third-quarter 2026 operating results after markets close on Nov. 5, 2026. Senior management will hold an earnings call at 9:30 a.m. Eastern time on Nov. 6. A replay will be available on the investor relations website approximately four hours after the call.
E.W. Scripps (SSP) promoted Sean McGarvy to head of news, effective Oct. 5, to lead strategy across Scripps News Group.
He will direct news and content strategy and oversee news standards, bringing local newsrooms, digital operations and the national streaming network Scripps News closer together. Scripps aims to extend the reach of its journalism across broadcast, streaming and digital platforms. McGarvy, most recently senior director of digital news operations, will report to Dean Littleton, president of media.
Scripps Sports (SSP) and the Professional Women’s Hockey League announced a national U.S. broadcast rights partnership for the 2026-27 season, giving the league its first season-long national television package in the United States.
The deal features three national broadcast windows each week: a Saturday “Game of the Week” airing exclusively on ION, plus two additional games per week on the free, ad-supported Scripps Sports Network FAST channel. ION, which reaches more than 128 million U.S. households, will also remain the exclusive U.S. home of the PWHL Walter Cup Finals and will carry a Walter Cup Playoff series. Scripps’ Detroit (WMYD) and Las Vegas (KMCC) stations become local TV partners for new expansion teams, while every PWHL game will continue to stream live on the league’s YouTube channel and website for U.S. and global fans outside Canada.
Scripps Howard Fund is marking the 10th year of its “If You Give a Child a Book …” campaign with a two-day donation match on Sept. 8-9, 2026. The Fund will double the first $200,000 in donations to this childhood literacy initiative, which provides free books to children in low-income schools across the United States. During the match, a $12 donation will supply four books instead of two. The campaign, supported by The E.W. Scripps Company (NASDAQ: SSP), its employees, communities and Scripps and Howard family members, aims to reach underserved students and boost reading confidence. In the 2026-2027 school year, it expects to distribute its 2 millionth book since launching in 2016 and continues to sponsor free Scholastic Book Fairs at Title I schools so each student can receive 10 books annually.
The E.W. Scripps Company (NASDAQ: SSP) has appointed Jen Carfley as head of small and medium business (SMB) growth and direct response advertising, effective immediately. This is a newly created role overseeing an enterprise-wide strategy to connect growth-focused advertisers with Scripps’ premium video inventory and performance-driven TV advertising across local, national, linear and connected TV platforms.
Beginning next year, Carfley will lead direct response advertising for Scripps’ ION and Bounce networks, while Marathon Ventures will continue handling Grit, ION Mystery, ION Plus and Laff. Based in New York, she reports to chief revenue officer Brian Norris and brings more than 15 years of media and advertising sales experience at NBCUniversal, Sling TV, Dish Media Sales, Defy Media and BBC America/BBC World News.
The E.W. Scripps Company (NASDAQ: SSP) announced that its CBS affiliate KRTV in Great Falls, Montana, has received a 2026 National Edward R. Murrow Award for “Excellence in Innovation” for its special report “Milk River Meltdown.” The award was granted by the Radio Television Digital News Association (RTDNA).
The investigative project examined the consequences of the catastrophic failure of the century-old St. Mary siphon, which supplies water to Montana’s Hi-Line communities, tracing the 729-mile Milk River and documenting impacts on residents, farmers, ranchers and tribal communities. According to Scripps, the report also covered the $70 million repair effort and long-term vulnerabilities of the aging system. RTDNA will honor 2026 National Murrow Award winners at a gala on Oct. 12 in New York City.