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 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 Company (NASDAQ: SSP) has announced its participation in the Gabelli 17th Annual Media & Sports Symposium on June 5, 2025, at The Harvard Club in New York City. Chief Financial Officer Jason Combs and Chief Communications and Investor Relations Officer Carolyn Micheli will deliver a presentation at 8:30 a.m. Eastern time, followed by investor meetings. The event will be webcast live with required registration, and a replay will be available on the company's website under the investor information section.
Scripps (NASDAQ: SSP) has partnered with FreeWheel to enhance advertising opportunities across women's sports content on ION network. The partnership focuses on WNBA and NWSL games, alongside original programming like "State Farm® WNBA Friday Night Spotlight on ION." Key highlights include:
- CTV monetization for NWSL on ION increased over 200% in the first eight weeks vs last season - WNBA Friday Night Spotlight viewership increased by 133% in 2024 over 2023, attracting 23 million unique viewers - ION secured exclusive television rights to the SI Women's Games and Elevance Health Women's Fort Myers Tip Off tournament - Over two dozen new brands began advertising with Scripps last year
FreeWheel's enhanced product suite will support programmatic advertising growth across sports and live events in streaming, featuring expedited creative pre-approvals and tools for real-time viewership management.
The E.W. Scripps Company (NASDAQ: SSP) reported Q1 2025 financial results with revenue of $524 million, down 6.6% year-over-year, and a net loss of $18.8 million or $0.22 per share. The company's Local Media segment revenue declined 7.8% to $325 million, while Scripps Networks revenue decreased 5.4% to $198 million. However, Scripps Networks achieved improved margins of 32% due to connected TV revenue growth and cost savings.
Notable achievements include completing negotiations for 25% of pay TV households, successful refinancing of term loans and credit facilities, and real estate sales generating $63 million. The company's net leverage ratio stood at 4.9x, with total debt at $2.6 billion. Scripps secured new sports content partnerships, including deals with Sports Illustrated for the SI Women's Games and the Elevance Health Women's Fort Myers Tip-Off tournament.
Two Scripps (NASDAQ: SSP) television stations have been awarded prestigious Peabody Awards for their investigative reporting. WTVF, Scripps' CBS station in Nashville, won for "Confronting Hate," an investigation into political extremism in Tennessee that led to a criminal probe by the Tennessee Bureau of Investigation. This marks WTVF's fourth Peabody Award.
KNXV, Scripps' ABC station in Phoenix, received recognition for "Policing Phoenix," a 32-part series examining the U.S. Department of Justice's report on the Phoenix Police Department. This is KNXV's fifth Peabody Award and third in five years. Additionally, Scripps News was named a finalist for "Inside Story," a project focused on bringing news to prisons and jails.