Scripps agrees to sell WRTV in Indianapolis to Circle City Broadcasting for $83 million
The E.W. Scripps Company (NASDAQ: SSP) agreed to sell its Indianapolis ABC affiliate WRTV for $83 million to Circle City Broadcasting, a private company led by DuJuan McCoy. The deal will close after regulatory and customary approvals. Scripps said the sale will help reduce debt and strengthen the durability of its local station portfolio. The announcement follows Scripps' September sale agreement for WFTX and a July station-swap with Gray Media that is under federal review.
L'azienda E.W. Scripps (NASDAQ: SSP) ha accettato di vendere la sua affiliata ABC di Indianapolis WRTV per 83 milioni di dollari a Circle City Broadcasting, una società privata guidata da DuJuan McCoy. L'operazione si chiuderà dopo le approvazioni regolamentari e consuete. Scripps ha dichiarato che la vendita aiuterà a ridurre il debito e a rafforzare la solidità del suo portafoglio di stazioni locali. L'annuncio segue l'accordo di vendita di Scripps a settembre per WFTX e uno scambio di stazioni di luglio con Gray Media che è in revisione federale.
La empresa E.W. Scripps (NASDAQ: SSP) acordó vender su afiliada ABC de Indianapolis, WRTV por 83 millones de dólares, a Circle City Broadcasting, una empresa privada liderada por DuJuan McCoy. El acuerdo se cerrará tras las aprobaciones regulatorias y habituales. Scripps dijo que la venta ayudará a reducir la deuda y a fortalecer la durabilidad de su cartera de estaciones locales. El anuncio sigue al acuerdo de venta de Scripps en septiembre de WFTX y a un intercambio de estaciones en julio con Gray Media que está bajo revisión federal.
E.W. Scripps Company (NASDAQ: SSP)은 인디애나폴리스의 ABC 계열사 WRTV를 8300만 달러에 Circle City Broadcasting에 매각하기로 합의했습니다. DuJuan McCoy가 이끄는 사설 회사입니다. 이 거래는 규제 당국의 승인 및 관례적 승인을 거쳐 마감될 예정입니다. 매각은 부채를 감소시키고 지역 방송 포트폴리오의 지속 가능성을 강화하는 데 도움이 될 것이라고 Scripps는 말했습니다. 발표는 Scripps가 9월에 WFTX에 대한 매매 합의와 Gray Media와의 7월 스테이션 스왑이 연방 심사를 받고 있는 사실에 이어 나왔습니다.
La société E.W. Scripps (NASDAQ: SSP) a accepté de vendre son affiliée ABC d’Indianapolis, WRTV pour 83 millions de dollars, à Circle City Broadcasting, une société privée dirigée par DuJuan McCoy. L’accord sera finalisé après les approbations réglementaires et habituelles. Scripps a déclaré que la vente aidera à réduire la dette et à renforcer la durabilité de son portefeuille de stations locales. L’annonce fait suite à l’accord de vente de Scripps en septembre pour WFTX et à un échange de stations en juillet avec Gray Media qui est soumis à un examen fédéral.
Die E.W. Scripps Company (NASDAQ: SSP) hat zugestimmt, ihre Indianapolis ABC-Tochter WRTV für 83 Millionen Dollar an Circle City Broadcasting zu verkaufen, eine private Firma unter der Leitung von DuJuan McCoy. Der Deal wird nach behördlichen und üblichen Genehmigungen abgeschlossen. Scripps sagte, der Verkauf werde helfen, die Schulden zu reduzieren und die Beständigkeit seines lokalen Senderportfolios zu stärken. Die Ankündigung erfolgt nach Scripps' September-Verkaufsvereinbarung für WFTX und einem im Juli mit Gray Media durchgeführten Sendertausch, der derzeit federal geprüft wird.
شركة E.W. سكرِبس (NASDAQ: SSP) وافقت على بيع فرع ABC في إنديانابوليس WRTV بمبلغ 83 مليون دولار إلى Circle City Broadcasting، وهي شركة خاصة تقودها DuJuan McCoy. ستُختتم الصفقة بعد الموافقات التنظيمية والتقليدية. قالت سكرِبس إن البيع سيساعد في خفض الدين وتعزيز متانة محفظة محطاتها المحلية. يأتي الإعلان بعد اتفاقية البيع في سبتمبر لـ WFTX وتبادل محطات في يوليو مع Gray Media قيد المراجعة الفيدرالية.
E.W. Scripps Company（纳斯达克股票代码：SSP） 同意将其印第安纳波利斯 ABC 电视频道分支 WRTV 以 8300 万美元出售 给 Circle City Broadcasting，一家由 DuJuan McCoy 领导的私营公司。交易将在监管批准及惯常程序完成后完成。Scripps 表示，出售将有助于降低债务并加强其本地电台组合的韧性。此次宣布紧随 Scripps 于九月就 WFTX 达成的销售协议以及与 Gray Media 于七月的电视频道互换，该交易目前正接受联邦审查。
- $83.0 million agreed sale price for WRTV
- Buyer operates WISH and WNDY in Indianapolis (local scale benefits)
- Scripps expects to reduce debt and improve station portfolio durability
- Transaction closing subject to regulatory and customary approvals
- Related Gray Media station-swap requires relief from ownership rules and is under federal review
Insights
Scripps agreed to sell WRTV Indianapolis to Circle City Broadcasting for
The transaction transfers a local ABC affiliate, WRTV, to an operator that already runs two Indianapolis stations, concentrating local broadcast assets under Circle City Broadcasting. The purchaser's existing presence in the market and the stated sale price of
Key dependencies include receipt of regulatory approvals and customary closing conditions, and Scripps' stated intent to use proceeds to reduce debt and strengthen its station portfolio. Watch regulatory milestones and the announced closing timing; expect definitive regulatory updates before the transaction completes, likely within the normal review window following
CINCINNATI, Oct. 28, 2025 (GLOBE NEWSWIRE) -- The E.W. Scripps Company (NASDAQ: SSP) has reached an agreement to sell WRTV, its local ABC-affiliated station in Indianapolis, to Circle City Broadcasting for
Circle City Broadcasting is a privately held digital and news media company that is majority owned, controlled and operated by veteran broadcaster DuJuan McCoy, the former owner of Bayou City Broadcasting. Circle City Broadcasting operates two television properties in the Indianapolis market – WISH, the local Indianapolis CW affiliate, and WNDY, a MyNetwork affiliate – as well as Circulus Digital Media.
The transaction will close following receipt of regulatory and other customary approvals.
“Circle City Broadcasting has an established presence in Indianapolis, led by media veterans who understand both the local community and the broadcast industry,” said Adam Symson, Scripps president and CEO. “This strategic transaction allows Circle City Broadcasting to expand its service to Indiana communities while enabling Scripps to reduce debt and improve the durability of its local station portfolio over the long term.”
“As a native of Indianapolis and career small business owner, I am pleased to be adding RTV6 to Circle City Broadcasting’s existing news brands, which will create value for both our company as well as the hometown community we serve,” said McCoy.
The sale of WRTV follows two other strategic local television station announcements from Scripps in recent months. In September, Scripps announced it had reached an agreement to sell WFTX in Ft. Myers/Naples to Sun Broadcasting. That sale is expected to close in the fourth quarter. In July, the company announced it had agreed to swap stations in five mid-sized and small markets with Gray Media. That transaction, which requires relief from current television station ownership rules, is now in front of federal regulators for review.
Investor contact: Carolyn Micheli, The E.W. Scripps Company, (513) 977-3732, carolyn.micheli@scripps.com
Media contact: Becca McCarter, The E.W. Scripps Company, (513) 410-2425, rebecca.mccarter@scripps.com
Forward-looking statements
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About Scripps
The E.W. Scripps Company (NASDAQ: SSP) is a diversified media company focused on creating connection. As one of the nation’s largest local TV broadcasters, Scripps serves communities with quality, objective local journalism and operates a portfolio of more than 60 stations in 40+ markets. Scripps reaches households across the U.S. with national news outlets Scripps News and Court TV and popular entertainment brands ION, Bounce, Grit, ION Mystery, ION Plus and Laff. Scripps is the nation’s largest holder of broadcast spectrum. Scripps Sports serves professional and college sports leagues, conferences and teams with local market depth and national broadcast reach of up to
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FAQ
How much will Scripps (NASDAQ: SSP) receive for WRTV in Indianapolis?
When will the WRTV sale for SSP close and what conditions apply?
How does the WRTV sale affect Scripps' debt and local station portfolio (SSP)?
Who is buying WRTV and do they own other Indianapolis stations?
Does Scripps have other recent station transactions affecting SSP investors?
