Scripps renews affiliation agreement with NBC

Rhea-AI Summary

The E.W. Scripps Company (NASDAQ: SSP) has secured a new multi-year affiliation agreement with NBC, effective January 1, 2025, covering all 11 of its NBC television stations across various markets. The agreement includes stations in key locations such as Green Bay, Milwaukee, Corpus Christi, and West Palm Beach.

The renewal emphasizes the strength of the network-affiliate model and highlights the importance of local stations in providing trusted news reporting, emergency weather alerts, and community coverage. This follows Scripps' successful affiliation agreement renewal with CBS last fall, which included WTVF in Nashville and CBS-affiliated markets in Montana.

NBCUniversal highlighted upcoming programming like the NBA as part of their continued partnership with Scripps, focusing on delivering entertainment, news, and sports content to viewers nationwide.

Positive

• Secured multi-year NBC affiliation agreement for all 11 stations
• Recently completed successful CBS affiliation renewal
• Maintains strong market presence across multiple U.S. regions
• Ensures continued access to major network programming including NBA content

Negative

• None.

CINCINNATI, Jan. 6, 2025 /PRNewswire/ -- The E.W. Scripps Company (NASDAQ: SSP) has completed a new multi-year affiliation agreement with NBC covering all 11 of Scripps' NBC television stations.

The new agreement, effective Jan. 1, 2025, includes WGBA in Green Bay, Wisconsin; WTMJ in Milwaukee; KRIS in Corpus Christi, Texas; KTGF in Great Falls, Montana; KTVH in Helena, Montana; WLEX in Lexington, Kentucky; KOAA in Colorado Springs, Colorado; KJRH in Tulsa, Oklahoma; KSBY in San Luis Obispo, California; WPTV in West Palm Beach, Florida; and KSHB in Kansas City, Missouri.

"This expanded agreement recognizes our decades-long partnership with NBC as well as the importance of our TV stations in providing trusted local news reporting, emergency weather alerts and community coverage to these markets," said Dean Littleton, Scripps executive vice president, media broadcast operations. "Moreover, it illustrates the ongoing strength of the network-affiliate model and the enduring value of our local stations."

"We look forward to continuing our longstanding relationship with Scripps, bringing their viewers the leading broadcast network and vital entertainment, news and sports content," said Phil Martzolf, president, affiliate relations at NBCUniversal. "As we enter 2025 and look forward to exciting programming like the NBA, we will continue to work with our partners to innovate our NBC offerings on behalf of viewers nationwide."

The NBC deal follows Scripps' successful affiliation agreement renewal with CBS last fall, which covers Scripps' CBS-affiliated stations including WTVF in Nashville and Scripps' CBS-affiliated markets in Montana.

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
Pat Bunting, NBC Universal, (201) 815-9733, Pat.Bunting@nbcuni.com

About Scripps
The E.W. Scripps Company (NASDAQ: SSP) is a diversified media company focused on creating a better-informed world. 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, ION Plus, ION Mystery, Bounce, Grit and Laff. Scripps is the nation's largest holder of broadcast spectrum. Scripps is the longtime steward of the Scripps National Spelling Bee. Founded in 1878, Scripps' long-time motto is: "Give light and the people will find their own way."

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SOURCE The E.W. Scripps Company

FAQ

What are the terms of Scripps' (SSP) new NBC affiliation agreement in 2025?

The new multi-year affiliation agreement with NBC, effective January 1, 2025, covers all 11 of Scripps' NBC television stations across various markets including Green Bay, Milwaukee, Corpus Christi, and West Palm Beach.

Which stations are included in Scripps' (SSP) 2025 NBC affiliation renewal?

The agreement includes WGBA (Green Bay), WTMJ (Milwaukee), KRIS (Corpus Christi), KTGF (Great Falls), KTVH (Helena), WLEX (Lexington), KOAA (Colorado Springs), KJRH (Tulsa), KSBY (San Luis Obispo), WPTV (West Palm Beach), and KSHB (Kansas City).

How does the 2025 NBC agreement affect Scripps' (SSP) market position?

The agreement strengthens Scripps' market position by maintaining its network-affiliate model and ensuring continued delivery of local news, emergency weather alerts, and community coverage across its markets.

What other network affiliations did Scripps (SSP) renew recently?

Scripps recently renewed its affiliation agreement with CBS in fall 2024, which covers WTVF in Nashville and CBS-affiliated markets in Montana.