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.
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.
Scripps News has garnered significant recognition with three National Headliner Awards and two Deadline Club finalist nominations. The news streaming channel received first-place awards for "Darwin's War," a documentary about Ukrainian drone warfare, and "Fentanyl: The Silent Toll," an investigation into child fatalities from fentanyl exposure.
A second-place Headliner Award was earned for "One Woman's Frontline," covering women's roles in recovering war victims in Ukraine. The channel's "In the Shadows with Jason Bellini: The Moses Videos" and "Sex, Lies and Deepfakes" secured Deadline Club finalist nominations.
These achievements highlight Scripps News' commitment to impactful journalism, particularly in war coverage and investigative reporting. The recognition spans multiple categories including news video, health science reporting, and feature stories, demonstrating the channel's diverse journalistic strengths.
The Scripps Howard Fund has announced finalists for its 72nd Scripps Howard Journalism Awards, selecting from nearly 600 entries across 12 categories. The prestigious competition recognizes excellence in journalism from television, radio, podcasts, visual media, online outlets, and print publications.
Key categories include:
- Excellence in Audio Storytelling
- Business/Financial Reporting
- Environmental Reporting
- Local/Regional Investigative Reporting
- National/International Video Storytelling
Finalists include major outlets like The New York Times, ProPublica, The Boston Globe, and FRONTLINE PBS. The competition also recognizes journalism education through Teacher and Administrator of the Year awards. Winners will be announced online on June 10 at SHJAwards.org.
E.W. Scripps (NASDAQ: SSP) has announced it will release its first-quarter 2025 operating results after market close on Thursday, May 8, 2025. The company will host a conference call with senior management on Friday, May 9, at 9:30 a.m. Eastern time.
Participants can access the live webcast through the company's investor relations website. For phone access, attendees must pre-register through provided links to receive dial-in information. Analysts asking questions require separate registration credentials. An audio replay will be available approximately four hours after the call on the company's IR website.
The E.W. Scripps Company (NASDAQ: SSP) has completed major refinancing transactions to strengthen its balance sheet. The company has successfully:
- Refinanced $110.8M of B-2 term loans due 2028
- Refinanced $540.2M (99.8%) of B-3 term loans with $200M new B-2 loans due 2028 and $340.2M new B-3 loans due 2029
- Replaced existing revolving credit facility with new facilities totaling $278M in commitments
- Established new accounts receivable securitization facility with up to $450M in commitments
Following these transactions, Scripps now has $545.2M in new B-2 term loans and $340.2M in new B-3 term loans outstanding. The refinancing extends debt maturities and provides flexibility for strategic initiatives.