Welcome to our dedicated page for Scripps E W Co Ohio news (Ticker: SSP), a resource for investors and traders seeking the latest updates and insights on Scripps E W Co Ohio stock.
The E.W. Scripps Company (NASDAQ: SSP) news page on Stock Titan highlights company announcements, media programming updates, strategic actions and capital markets disclosures. Scripps describes itself as a diversified media company and one of the nation’s largest local TV broadcasters, with more than 60 stations in over 40 U.S. markets and national brands such as Scripps News, Court TV, ION, ION Plus, ION Mystery, Bounce, Grit and Laff.
News items for SSP often include updates on local station leadership, such as appointments at Scripps-owned affiliates, programming changes on national networks and new original series on Court TV. Coverage also reflects Scripps’ role in legal and true-crime reporting, with Court TV announcing primetime lineups and docuseries that revisit high-profile trials and major court cases.
Investors and media watchers can also follow Scripps Sports announcements, where the company details new and expanded partnerships with professional and college sports properties. Recent releases have described agreements that bring leagues like the Pro Cheer League and women’s professional soccer to national audiences on ION and local Scripps stations, as well as local broadcast deals for new franchises.
In addition, Scripps uses news releases to communicate about earnings call schedules, responses to unsolicited acquisition proposals, shareholder rights plans and other governance matters. By reviewing the SSP news feed, readers can see how Scripps manages its portfolio of local stations, national networks and sports rights, and how its board addresses strategic proposals and capital structure decisions over time.
The E.W. Scripps Company (NASDAQ: SSP) reported Q2 2024 financial results with $574 million in revenue, down 1.6% year-over-year. The company posted a loss of $13 million or $0.15 per share. Scripps raised its 2024 Local Media election-year political advertising revenue outlook to $270-$290 million, driven by U.S. Senate races and ballot issues. The Scripps Networks' national advertising upfront sales saw low single-digit percent volume increases. Local Media revenue grew 3.6% to $365 million, while Scripps Networks revenue declined 9.7% to $209 million. The company's total debt stood at $2.9 billion as of June 30, 2024.
The E.W. Scripps Company (NASDAQ: SSP) has promoted John Cook to vice president and general manager for KTNV, the Scripps-owned ABC affiliate in Las Vegas, effective Sept. 3, 2024. Cook, previously serving as senior director of sales for WXYZ and WMYD in Detroit, will lead the Las Vegas station, bringing extensive experience in local media and sales leadership.
Cook's background includes roles at Graham Media Group's WDIV in Detroit and experience in direct mail and print advertising sales. He has been recognized for his ability to navigate the changing media landscape and deliver strong revenue results. Cook is also actively involved in industry leadership, serving on the ABC Sales Advisory Board and as a board member of the Better Business Bureau Serving Eastern Michigan.
Bounce TV's hit dramedy 'Johnson' returns for its fourth season on August 3, 2024, airing Saturday nights at 8 p.m. ET/7 p.m. CT. The show, focusing on four best friends sharing the same last name, explores themes of love, self-discovery, and brotherhood, tackling issues like race, mental health, and relationship dynamics.
Produced by A Bird & A Bear Entertainment and Midnight Train Productions, 'Johnson' features an ensemble cast led by Thomas Q. Jones, Deji LaRay, Philip Smithey, and Derrex Brady, with D.L. Hughley. Viewers can catch up on previous seasons through Brown Sugar, Bounce's subscription video-on-demand service.
North Island Credit Union launched a book drive to promote childhood literacy among students in Title 1 schools in San Diego. Partnering with the Scripps Howard Fund and ABC 10News, the drive runs through August 31st and encourages community members to donate new books suitable for kindergarten through elementary school students at any North Island Credit Union branch in San Diego County.
All collected books will benefit students in low-income households, aiming to bridge the literacy gap. The initiative is part of the 'If You Give a Child a Book...' campaign, which has distributed over 1,000,000 books since 2016. Participants can also make monetary donations to purchase books for students.
Additionally, the Credit Union and ABC 10News hold monthly 'mini' book fairs in partnership with the San Diego Council on Literacy, providing free books to students. More information and donation options are available on the Credit Union’s website.
The E.W. Scripps Company (NASDAQ: SSP) reported minimal impact from a global IT outage that occurred overnight. Despite the incident, the majority of Scripps' 40+ local news operations maintained uninterrupted broadcasts, with none going completely off-air. Scripps News experienced only a brief 10-minute interruption. By 8 a.m. EDT, most stations resumed local news broadcasts, and all were operational by noon.
The company's swift recovery and the overnight timing of the outage resulted in no significant effect on advertising revenue. This demonstrates Scripps' resilience and effective crisis management in maintaining its broadcasting operations and protecting its revenue streams during unexpected technical challenges.
The E.W. Scripps Company (NASDAQ: SSP) announced it will report its second-quarter 2024 operating results after the market closes on Thursday, Aug. 8. A conference call with senior management is scheduled for 9:30 a.m. Eastern time on Friday, Aug. 9, with a live webcast available on the company's investor relations website. The call can be accessed via phone with specific access codes provided. A replay of the call will be available both by phone and online from Aug. 9 to Sept. 9. Contact details for media and investor inquiries were also provided.
On July 11, 2024, the Society of Professional Journalists awarded KNXV-ABC15, owned by The E.W. Scripps Company (NASDAQ: SSP), the 2023 Sigma Delta Chi Award for excellence in journalism. Chief Investigative Reporter Dave Biscobing and the ABC15 Investigators won in the television investigative reporting (large market) category for their series 'Too Unwell to Testify.' The series uncovered evidence mishandling by Phoenix homicide detective Jennifer DiPonzio, who falsely claimed illness to avoid accountability.
The investigation revealed DiPonzio's ability to work other jobs and travel while claiming to be too sick to testify. ABC15's reporting led to significant actions, including the Department of Justice's involvement, the Arizona Peace Officer Standards and Training Board's investigation, and DiPonzio's loss of police certification. The series also impacted court rulings and post-conviction appeals.
This recognition marks the second consecutive year that ABC15 and Biscobing have received a Sigma Delta Chi Award. The 2022 series 'The Secrets They Keep' won in the public service category.
Court TV is gearing up for extensive coverage of Alec Baldwin's trial, starting on July 9, 2024, in Santa Fe, New Mexico. The trial, involving charges of involuntary manslaughter in the death of 'Rust' cinematographer Halyna Hutchins, will be broadcast live by Court TV. The network will serve as the pool feed provider, ensuring broad media access. Coverage will be led by anchors Vinnie Politan and Ted Rowlands, along with correspondents Matt Johnson and Kelly Krapf. A key feature includes an exclusive documentary, 'The Case Against Alec Baldwin,' which delves into the incident and the ensuing legal battles. Court TV aims to offer in-depth analysis and expert commentary from seasoned legal professionals, investigators, and forensic experts throughout the trial.
The Florida Panthers and Scripps Sports have signed a multi-year agreement to broadcast the team's games. This deal covers the Miami/Fort Lauderdale, West Palm Beach, and Fort Myers regions. The games will air on WSFL-TV (channel 39) in Miami/Fort Lauderdale and WHDT-TV (channel 9) in West Palm Beach, with Fort Myers' channel to be announced. The agreement includes broadcasting preseason, regular-season, and round one postseason games via cable, satellite, and over-the-air television.
A new direct-to-consumer application will be launched before the 2024-2025 season for live streaming, with more details forthcoming. Scripps Sports will also produce pregame, in-game, and postgame shows, and a weekly Panthers program. Financial terms are undisclosed, but the deal has NHL approval. The partnership aims to make Panthers hockey more accessible and grow the sport in South Florida.
The new Bounce TV original series 'Mind Your Business' made a record-breaking debut, reaching over 2 million households during its premiere weekend on June 1-2, 2024. This makes it the most-watched original series premiere in Bounce TV history. The 10-episode first season airs on Saturday nights throughout the summer. 'Mind Your Business' follows the story of the Williams family, who manage an event space in Chicago. The cast includes Columbus Short, Drew Sidora, Rolonda Watts, and Bebe Winans. The series is produced by Harvest Studios and executive produced by Bentley Kyle Evans.