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.
Sports Illustrated (SI) has announced the inaugural SI Women's Games, a biennial all-star competition set to debut in Oceanside, California from October 28 - November 2, 2025. The event will feature elite athletes competing in six sports: basketball, gymnastics, tennis, flag football, volleyball, and combat sports.
The games will pit Team Americas against Team World in both team and individual competitions, with athletes competing for prize money and the title of SI Women's Games Champion. Scripps Sports/ION has secured exclusive U.S. broadcasting rights through a multi-year partnership, reaching 123 million homes through various platforms.
Coverage will extend across SI's digital, video, and social media channels, leveraging the brand's journalism expertise to showcase these athletes' stories and performances.
Scripps Sports has secured exclusive television rights for the Elevance Health Women's Fort Myers Tip-Off basketball tournament for the next five years. The agreement marks Scripps Sports' first national women's college basketball rights deal, expanding its women's sports portfolio alongside WNBA and NWSL coverage.
The tournament, launched in 2022, will air on ION starting November 28-29, 2024, featuring live coverage of all matchups at Suncoast Credit Union Arena in Fort Myers. The event has previously hosted championship teams including South Carolina, Tennessee, Maryland, and Purdue.
ION's sports programming has shown strong viewership, with WNBA broadcasts reaching over 23.3 million unique viewers last season, including 7 telecasts exceeding 1 million viewers. The NWSL's inaugural season on ION attracted more than 20.5 million total unique viewers.
Scripps News, owned by The E.W. Scripps Company (NASDAQ: SSP), has been awarded a prestigious Gracie Award for its 2024 investigation 'Fentanyl: The Silent Toll.' The investigation, led by correspondent Lori Jane Gliha and producer Brittany Freeman, won in the 'national news: hard news feature' category.
The investigative series, which began in 2023, analyzed over 400 cases of fentanyl impacts on children and was also nominated for a 2024 national news Emmy Award. Additionally, Scripps News received honorable mentions for 'Ukraine's Women Warriors' and 'Maine Shooting: Missed Warnings' investigations.
The news outlet's content is available across major streaming platforms, through the Scripps News app, and online at ScrippsNews.com.
The Las Vegas Aces and Scripps Sports have announced a multiyear broadcast partnership making Vegas 34 the official broadcast home of the back-to-back WNBA champion team. The agreement will see Scripps Sports televising all non-nationally exclusive Aces games on Vegas 34, with distribution across cable, satellite, and over-the-air television.
The partnership includes the production of 'In the Paint,' a weekly 30-minute show featuring highlights, interviews, and behind-the-scenes access to the 2025 Las Vegas Aces. Scripps, which also owns KTNV-TV Channel 13 (ABC affiliate) in Las Vegas, will utilize this platform to market Aces telecasts.
The regular season is scheduled to begin on Friday, May 16, with the complete local television schedule pending the announcement of the full WNBA national broadcast schedule.
E.W. Scripps (NASDAQ: SSP) reported Q4 2024 revenue of $728 million, up 18% year-over-year, with net income of $80.3 million or $0.92 per share. The quarter was marked by record political advertising revenue, with $174 million in Q4 alone.
Key highlights include:
- Net leverage reduced to 4.8x from 5.7x year-end 2023
- Local Media revenue up 34% to $511 million, though core advertising decreased 11% due to political displacement
- Scripps Networks revenue declined 6.1% to $216 million
- Completed sale of San Diego transmission towers for $20 million
- Executed debt refinancing agreement with majority of 2026 and 2028 term loan holders
The company paid off its $330 million revolving credit facility during 2024 and aims to improve Networks division margins by 400-600 basis points this year.
E.W. Scripps (NASDAQ: SSP) has announced significant refinancing transactions to restructure its debt obligations. The company has secured agreements with lenders representing over 70% of its outstanding term loans due in 2026 and 2028. The refinancing package includes:
- Repayment or extension of up to $1.3 billion of existing term loans
- A new $450 million accounts receivable securitization facility
- A new $208 million revolving credit facility due July 2027
The transactions will result in no existing B-2 term loans remaining outstanding, with existing B-3 term loans being subordinated to new loans. The company expects to complete these transactions by April 2025, aiming to strengthen its balance sheet and support strategic initiatives.
Scripps Sports has announced its 2025 season coverage plans for the National Women's Soccer League (NWSL) on ION, following a successful inaugural season that reached over 20 million unique viewers. The network has appointed Seb Salazar and Kylen Mills as new studio co-hosts for their weekly shows.
The 2025 season, starting March 15, will feature 50 matches across 25 weeks of Saturday night doubleheaders. ION's coverage is available in 123 million homes through pay TV, connected TV, and free ad-supported streaming platforms. The first season's highlights included reaching 13.5 million viewers unique to ION, with matches averaging 145,000 viewers and peaking at 234,000 for the Orlando-Kansas City match.
The broadcast team includes JP Dellacamera and Jill Loyden for the first match, with Maura Sheridan and Jordan Angeli covering the second match. The network delivered the largest female percentage audience (57% of P25-54, 55% of P2+) among all networks.
E.W. Scripps (NASDAQ: SSP) has rescheduled its fourth-quarter 2024 earnings release to March 11, 2024, after market close, with the earnings call now set for March 12 at 9 a.m. Eastern time. The delay from the original February dates is due to ongoing negotiations for refinancing transactions related to the company's term loan and revolving credit facility with existing lenders and potential new debt capital providers.
The company plans to provide updates on the refinancing transaction and negotiation results during the rescheduled conference call. Participants must pre-register through the company's investor relations website to access the live webcast or receive dial-in information.
The Scripps Howard Fund and Foundation distributed $9.8 million in charitable gifts during 2024, marking a 10% increase from 2023. The Fund's major allocations included: $2.5 million for community support through 77 fundraising campaigns, $1.6 million for journalism education including awards and internships, and $1.5 million for childhood literacy through the 'If You Give a Child a Book' campaign, which provided 255,000 books to 34,000 children.
The Foundation contributed $4.2 million to advance journalism education, including establishing the Roy Howard Community Journalism Center at the University of Southern Mississippi with a $3 million commitment over three years, and investing over $2 million in the Howard Centers for Investigative Journalism at the University of Maryland and Arizona State University.
Court TV is launching a new seven-part original series titled 'Trial & Error: Why Did O.J. Win?' premiering on Sunday, February 16, 2025, at 8 p.m. ET/PT. The series examines the historic O.J. Simpson double murder trial through Court TV's extensive footage archive, exploring the defense's successes, prosecution's failures, and the legal strategies that led to the controversial verdict.
The series features interviews with key trial participants, including defense attorneys F. Lee Bailey and Alan Dershowitz, LAPD Detective Mark Fuhrman, prosecutor Bill Hodgman, and family members of victims Nicole Brown Simpson and Ron Goldman. Episodes will air weekly from February 16 to March 30, covering topics from the Brentwood murders to jury room deliberations.
Hosted by attorney and Emmy-winning journalist Michael Ayala, with Ted Rowlands as executive producer, both of whom covered the original trial as reporters.