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Gabelli funds weigh board nominations at E.W. Scripps (SSP)

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
SCHEDULE 13D/A

Rhea-AI Filing Summary

Gabelli-affiliated investment entities have updated their ownership disclosure in E.W. Scripps’ Class A common shares. The reporting group now beneficially owns 4,383,703 Class A shares, or 5.70% of the 76,869,408 Class A shares outstanding as of September 30, 2025.

The group, led by Mario Gabelli–related entities such as GAMCO Asset Management and Gabelli Funds, spent approximately $1,656,713 to buy additional shares since their most recent filing, with recent purchases in January 2026 mostly between about $3.34 and $3.90 per share. E.W. Scripps has a dual‑class structure, with separate voting stock controlling most corporate decisions.

GAMCO previously nominated three director candidates in 2018, who were not elected, and is again evaluating whether to nominate directors ahead of a February 4, 2026 deadline. The filing states that no offer or proposal has been made, no negotiations are underway, and no agreement exists regarding the company at this time.

Positive

  • None.

Negative

  • None.

Insights

Gabelli group holds 5.7% of E.W. Scripps and is re-evaluating potential director nominations.

The filing shows a coordinated group of Gabelli-related entities holding 4,383,703 Class A shares, or 5.70% of E.W. Scripps’ Class A stock, based on September 30, 2025 outstanding figures. Recent purchases totaling about $1,656,713 occurred mostly in January 2026 at prices in the mid‑$3 range.

E.W. Scripps operates with a dual‑class capital structure: 76,869,408 Class A shares and 11,932,722 Common Voting shares as of September 30, 2025. Class A holders primarily elect a minority of the board and have limited voting power on other matters, while Common Voting stockholders elect the remaining directors and vote on all other issues.

The filing notes that GAMCO is evaluating “all options” ahead of a February 4, 2026 director‑nomination deadline and is re‑examining prior nominees from 2018. It explicitly states there is currently no offer, proposal, negotiation, or agreement regarding E.W. Scripps, so any potential board contest remains exploratory at this stage.






If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§ 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box.

The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).






SCHEDULE 13D






SCHEDULE 13D






SCHEDULE 13D






SCHEDULE 13D






SCHEDULE 13D






SCHEDULE 13D






SCHEDULE 13D






SCHEDULE 13D






SCHEDULE 13D






SCHEDULE 13D


GAMCO INVESTORS, INC. ET AL
Signature:PETER D. GOLDSTEIN
Name/Title:CHIEF LEGAL OFFICER
Date:02/02/2026
GABELLI FUNDS LLC
Signature:DAVID GOLDMAN
Name/Title:GENERAL COUNSEL
Date:02/02/2026
GAMCO Asset Management Inc.
Signature:DOUGLAS R. JAMIESON
Name/Title:PRESIDENT
Date:02/02/2026
GABELLI & Co INVESTMENT ADVISERS, INC.
Signature:DOUGLAS R. JAMIESON
Name/Title:PRESIDENT
Date:02/02/2026
MJG ASSOCIATES, INC.
Signature:DAVID GOLDMAN
Name/Title:ATTORNEY-IN-FACT
Date:02/02/2026
Teton Advisors, LLC
Signature:DAVID GOLDMAN
Name/Title:COUNSEL
Date:02/02/2026
GGCP, INC.
Signature:DAVID GOLDMAN
Name/Title:ATTORNEY-IN-FACT
Date:02/02/2026
Associated Capital Group, Inc.
Signature:PETER D. GOLDSTEIN
Name/Title:CHIEF LEGAL OFFICER
Date:02/02/2026
GABELLI MARIO J
Signature:DAVID GOLDMAN
Name/Title:ATTORNEY-IN-FACT
Date:02/02/2026

FAQ

How much of E.W. Scripps (SSP) stock do the Gabelli entities currently own?

The Gabelli-affiliated reporting group beneficially owns 4,383,703 Class A shares of E.W. Scripps, representing 5.70% of the Class A common stock. This percentage is based on 76,869,408 Class A shares outstanding reported as of September 30, 2025.

Which Gabelli-related entities are the main holders of E.W. Scripps (SSP) shares?

The largest holders in the group are GAMCO Asset Management Inc. with 2,621,187 shares (3.41%) and Gabelli Funds LLC with 1,315,016 shares (1.71%). Smaller positions are held by GCIA, Teton Advisors, MJG Associates, Associated Capital, GAMCO Investors and Mario Gabelli personally.

How much did the Gabelli group spend recently to increase its SSP stake?

The reporting persons used approximately $1,656,713 to buy additional E.W. Scripps Class A shares since their most recent prior Schedule 13D filing. Funds came from client accounts managed by GAMCO, Gabelli Funds and GCIA, including margin borrowings in some GAMCO client accounts.

Is GAMCO planning an activist campaign or board challenge at E.W. Scripps (SSP)?

The filing states GAMCO is evaluating all options and re-examining prior board nominees ahead of a February 4, 2026 director-nomination deadline. However, it explicitly says no offer, proposal, negotiations, or agreements currently exist regarding E.W. Scripps.

What is E.W. Scripps’ dual-class share structure mentioned in the filing?

As of September 30, 2025, E.W. Scripps had 76,869,408 Class A shares and 11,932,722 Common Voting shares outstanding. Class A holders can elect the greater of three directors or one-third of the board, while Common Voting shareholders elect remaining directors and vote on all other matters.

At what prices did Gabelli-related funds recently buy SSP shares?

Recent purchases in January 2026 by Gabelli-affiliated funds were largely in the $3.34 to $3.90 per share range. The transaction table lists multiple trades across various funds on dates such as January 6–30, 2026, each with specific share amounts and prices.
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