Welcome to our dedicated page for The E.W. Scripps news (Ticker: SSP), a resource for investors and traders seeking the latest updates and insights on The E.W. Scripps 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 (NASDAQ: SSP) reported Q2 2025 financial results with revenue of $540 million, down 5.8% year-over-year. The company posted a net loss of $51.7 million, or 59 cents per share. Key developments include closing a $750 million senior secured notes placement at 9.875%, a strategic station swap with Gray Media, and renewal of the WNBA broadcast partnership.
The Local Media division revenue was $335 million, down 8.3%, while Scripps Networks revenue reached $206 million, down 1.4%. The company's net leverage ratio improved to 4.4x from 4.9x in Q1. Scripps Sports strategy showed positive results, with WNBA viewership on ION increasing by 133% and streaming/connected TV revenue growing 57% in Q2.
[ "Successfully placed $750 million in new senior secured notes for debt refinancing", "Net leverage ratio improved to 4.4x from 4.9x in Q1 2025", "Scripps Networks segment profit increased to $55.9M from $37.7M year-over-year", "Streaming/connected TV revenue grew 57% in Q2", "WNBA viewership on ION increased 133% over 2023", "Strategic station swap with Gray Media to create new duopolies and improve market financials" ]The E.W. Scripps Company (NASDAQ: SSP) has appointed Sandy Padula as vice president, head of enterprise research and consumer insights. In this newly created position, Padula will lead enterprise-wide research initiatives across Scripps' portfolio of national networks and over 60 local TV stations.
Padula, formerly senior vice president of research and consumer insight at WarnerMedia Entertainment, brings decades of media research experience. She will focus on developing advanced advertising tools and leveraging audience intelligence to enhance campaign effectiveness. Based in Atlanta, Padula will report to Keisha Taylor Starr, Scripps' chief marketing officer and general manager of Scripps Networks.
E.W. Scripps (NASDAQ: SSP) has priced an upsized offering of $750 million in senior secured second-lien notes, representing a $100 million increase from the initially announced amount. The notes will carry a 9.875% interest rate and mature in 2030.
The proceeds will be used to redeem all outstanding 5.875% senior notes due 2027, pre-pay part of the term loan B-2 facility due 2028, repay a portion of revolving credit facilities, and cover transaction fees. The notes will be guaranteed by certain subsidiaries and secured by company assets.
Scripps, a diversified media company, operates over 60 local TV stations across 40+ markets and owns national brands including Scripps News, Court TV, and ION.
E.W. Scripps (NASDAQ: SSP) has announced a private offering of $650 million in senior secured second-lien notes due 2030. The proceeds will be used to redeem all outstanding 5.875% senior notes due 2027 and prepay a portion of the term loan B-2 facility due 2028.
The notes will be guaranteed by certain subsidiaries and secured by company assets. The offering is limited to qualified institutional buyers under Rule 144A and non-U.S. persons under Regulation S. Scripps operates as a diversified media company with over 60 TV stations across 40+ markets, including national brands like Scripps News, Court TV, and ION.
The E.W. Scripps Company (NASDAQ: SSP) has scheduled its second-quarter 2025 earnings release for August 7, 2025, after market close. The company will host a conference call with senior management on Friday, August 8, 2025, at 9 a.m. Eastern time.
Participants can access the live webcast through the company's investor relations website. For phone access, both analysts and general listeners must pre-register through specific web links to receive their dial-in numbers and PIN codes. A replay of the conference call will be available on the company's website approximately four hours after the call.
Gray Media (NYSE: GTN) and The E.W. Scripps Company (NASDAQ: SSP) have announced a strategic television station swap across five markets. Gray will acquire Scripps' WSYM (Fox) in Lansing, Michigan and KATC (ABC) in Lafayette, Louisiana. In exchange, Scripps will receive Gray's stations in Colorado Springs, Grand Junction, and Twin Falls.
The transaction involves an even exchange of comparable assets with no cash consideration. Both companies expect to create new duopolies and strengthen their regional presence. The deal is anticipated to close in Q4 2025, pending regulatory approvals. Gray plans to expand news staff and increase live local newscasts at its newly acquired stations, while Scripps aims to enhance local sports and news coverage in its growth markets.
[ "Creation of new duopolies strengthening market presence for both companies", "No cash consideration required due to even exchange of comparable assets", "Gray plans to expand news staff and increase local news coverage", "Strategic geographic consolidation for both companies in their strong regions", "Potential operational efficiencies through market scale improvements" ]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.