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DETROIT PISTONS ANNOUNCE NEW LOCAL TELEVISION MEDIA RIGHTS AGREEMENT WITH SCRIPPS SPORTS

(Moderate)
(Very Positive)
Tags

The E.W. Scripps Company (NASDAQ: SSP), through Scripps Sports, reached a new local television media rights agreement with the Detroit Pistons starting in the 2026‑27 NBA season.

WMYD TV20 Detroit will air all locally available pre-season and regular-season games free, with added game-day shows, weekly Pistons programming, and planned direct-to-consumer streaming.

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Positive

  • Multi-year local TV rights deal with Detroit Pistons starting 2026-27 season
  • WMYD TV20 becomes exclusive local broadcast home, expanding Scripps Sports portfolio
  • Agreement includes comprehensive pregame, in-game, postgame and weekly Pistons programming
  • Planned direct-to-consumer streaming app collaboration with Detroit Pistons

Negative

  • None.

News Market Reaction – SSP

+1.44%
+1.44% Session close to close

In the May 14 session, SSP gained 1.44%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

Market Context

This announcement underscores Scripps Sports’ role in securing marquee live-sports content, adding D...
Analysis

This announcement underscores Scripps Sports’ role in securing marquee live-sports content, adding Detroit Pistons local television rights to an expanding portfolio. The deal extends the company’s free, over-the-air sports strategy and contemplates a future direct-to-consumer streaming application. In context of recent NHL and other league partnerships plus ongoing transformation efforts, investors may watch how these rights translate into audience growth, advertising performance, and segment profitability over time.

Key Figures

Franchise victories: over 2,500 wins NBA Championships: 3 titles NBA Finals appearances: 5 appearances +5 more
8 metrics
Franchise victories over 2,500 wins Detroit Pistons regular-season and playoff victories since 1957
NBA Championships 3 titles Pistons championships in 1989, 1990, 2004
NBA Finals appearances 5 appearances Pistons Finals trips in 1988, 1989, 1990, 2004, 2005
Conference Finals 11 appearances Pistons Eastern Conference Finals history
Performance Center opening October 2019 Opening of Henry Ford Detroit Pistons Performance Center
WNBA partnerships 2 teams Scripps Sports partners with WNBA and Las Vegas Aces
Stanley Cup champions 4 teams Tampa Bay Lightning, Florida Panthers, Vegas Golden Knights with Scripps
Big Sky Conference NCAA partnership Scripps Sports collegiate conference partner mentioned in release

Historical Context

5 past events · Latest: May 07 (Negative)
Pattern 5 events
Date Event Sentiment 24h Move Catalyst
May 07 Q1 2026 earnings Negative -3.1% Quarterly results with revenue, loss, and leverage metrics detailed to investors.
May 05 Spelling Bee host Positive +1.2% Named Mina Kimes as TV host for Scripps National Spelling Bee broadcasts.
Apr 16 PWR rights deal Positive -0.6% Multi-year U.S. broadcast partnership for Premier Women’s Rodeo on ION and Grit.
Apr 14 Earnings date set Neutral +1.9% Announcement of timing and access details for Q1 2026 earnings release and call.
Apr 07 Predators rights deal Positive -1.6% Multi-year media rights deal to air Nashville Predators games starting 2026–27.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Pattern Detected

Recent Scripps Sports rights deals have not consistently lifted the stock; some partnerships saw negative next-day moves despite strategic positioning in live sports.

Recent Company History

Over the last month, Scripps combined financial updates with an aggressive sports-rights push. Q1 2026 results on May 7 showed a loss and higher leverage, and the stock fell 3.1%. At the same time, Scripps Sports announced new properties: Premier Women’s Rodeo on April 16 and a multi-year Nashville Predators deal on April 7, both framed as expanding live sports coverage but followed by mild share-price weakness. Entertainment-focused news, like the Mina Kimes Spelling Bee hosting announcement, coincided with a modest gain.

Key Terms

over-the-air television, media rights agreement, broadcast platform, direct-to-consumer streaming application
4 terms
over-the-air television technical
"The move returns Pistons basketball to free, over‑the‑air television for fans..."
Over-the-air television is free television programming sent by broadcasters through radio waves that viewers receive with an antenna, similar to how radio stations transmit sound. It matters to investors because it represents a direct, low-cost way to reach audiences that drives advertising and retransmission revenue, relies on valuable wireless spectrum and regulatory rules, and is affected by shifts in technology and viewing habits that influence future cash flow and asset value.
media rights agreement financial
"announced today a new local media television rights agreement with Scripps Sports..."
A media rights agreement is a contract that gives a company or platform permission to broadcast, stream or otherwise distribute specific audiovisual content—such as sporting events, shows or news—for defined territories and time periods. For investors it matters because these deals can produce predictable revenue, drive subscriptions or advertising, and change a company's value depending on how exclusive, long-term, or expensive the rights are; think of it like renting an exclusive storefront or billboard that brings customers in.
broadcast platform technical
"TV20 Detroit's broadcast platform to deliver comprehensive Pistons coverage..."
A broadcast platform is a service or channel—such as a television network, radio station, streaming app, or online video site—that distributes audio or video content to large audiences. For investors it matters because the platform determines how many people see a company’s messages, how easily content can be monetized or measured, and how reliably revenue and audience growth can scale; think of it as the megaphone and marketplace that turn content into attention and income.
direct-to-consumer streaming application technical
"plan to collaborate on a direct‑to‑consumer streaming application..."
A direct-to-consumer streaming application is a software platform that delivers audio or video content straight to users’ devices without going through cable companies, broadcasters, or retail intermediaries. Investors care because it creates a direct relationship with paying customers, clearer revenue streams like subscriptions or in-app purchases, and valuable data on viewing habits; like an online storefront replacing a middleman, it can boost margins but also exposes a business to competition and subscriber churn.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Pistons Basketball Returns to Free, OvertheAir Television in Detroit and Michigan Beginning in 202627

DETROIT, May 13, 2026 /PRNewswire/ -- The Detroit Pistons announced today a new local media television rights agreement with Scripps Sports beginning with the 202627 NBA season. The move returns Pistons basketball to free, overtheair television for fans throughout Detroit, metro Detroit and the state of Michigan. Per team policy, terms of the partnership were not disclosed.

Under the agreement, WMYD TV20 Detroit, owned and operated by The E.W. Scripps Company, will become the official local broadcast home of the Detroit Pistons. TV20 Detroit will produce and air all locally available pre-season and regular season games.  Fans will be able to watch games for free via overtheair television as well as through participating cable and satellite providers.  Scripps, which operates both TV20 Detroit and WXYZ – Detroit's ABC affiliate – will pair WXYZ's award-winning local news leadership with TV20 Detroit's broadcast platform to deliver comprehensive Pistons coverage for fans throughout the market.

"This move is for our fans. They have been huge all season and throughout this playoff run.  Their energy and support have lifted our team and helped fuel our resurgence," said Pistons Owner Tom Gores. "It's a new era of Pistons basketball and we want to make sure that more people in Detroit and throughout Michigan can be part of the journey."

"This partnership with Scripps Sports is an exciting moment for the Detroit Pistons," said Arn Tellem, Vice Chairman of the Detroit Pistons.  "Basketball has always been deeply woven into the fabric of our city, and we're proud to expand access to our games. We look forward to partnering with Scripps to deliver outstanding broadcasts and programming that reflects the energy, pride and passion of Detroit."

The agreement marks the Pistons' return to a primarily local broadcast television home for the first time since 2005 and removes barriers for fans by eliminating the need for a paid television subscription to watch locally televised games.

"Over-the-air broadcasting has proven to be one of the most powerful ways to connect sports teams with their fans," said Brian Lawlor, President of Scripps Sports. "As we are seeing right now, the fandom around the Pistons is high and every fan deserves to have access to Detroit Pistons games. Scripps Sports is proud to partner with the Pistons to deliver their games to more fans than ever before – because the best team in the East deserves the best broadcast platform in the NBA."

"TV20 Detroit is honored to be the official new TV home of the Detroit Pistons," said Mike Murri, Regional Vice President and General Manager of WXYZ/TV20 Detroit. "This partnership ensures everyone across Metro Detroit can experience the excitement of Pistons basketball while strengthening our commitment to bringing the community together around the teams and moments that matter most."

As part of the partnership, the Pistons and Scripps Sports will produce comprehensive game‑day coverage, including pregame, in‑game and postgame programming. The agreement also includes a weekly, half‑hour Pistons show, along with original team‑focused content integrated across broadcasts and digital programming across Scripps' family of channels.

Scripps Sports intends to engage its stations across the state of Michigan in the coming months to create a broad network of exposure and reach for Detroit Pistons basketball throughout the state. Additionally, the Pistons and Scripps Sports plan to collaborate on a direct‑to‑consumer streaming application, with further details to be announced at a later date.  

- pistons.com -

ABOUT THE DETROIT PISTONS
Since their arrival in 1957, the Detroit Pistons have become one of the most storied franchises in the NBA. With over 2,500 regular-season and playoff victories, the club has celebrated three NBA Championships (1989, 1990, 2004), five NBA Finals appearances (1988, 1989, 1990, 2004, 2005) and 11 Eastern Conference Finals appearances.  In October 2019, the club opened the new Henry Ford Detroit Pistons Performance Center located in the New Center area, a campus that serves as the organization's practice facility and corporate headquarters. Since its purchase by Michigan native Tom Gores in 2011, the organization has focused on operating as a community asset while promoting a culture of innovation and industry-leading thought.

ABOUT SCRIPPS SPORTS
Scripps Sports serves professional and college sports leagues, conferences and teams with local market depth and national broadcast reach. Scripps Sports currently has partnerships with the Women's National Basketball Association (WNBA), the National Women's Soccer League (NWSL), the Professional Women's Hockey League (PWHL), Major League Volleyball (MLV), Pro Cheer League (PCL), ATHLOS track-and-field, the National Hockey League's (NHL) 2020 and 2021 Stanley Cup champion Tampa Bay Lightning, 2024 and 2025 Stanley Cup champion Florida Panthers, 2023 Stanley Cup champion Vegas Golden Knights, the Utah Mammoth, the Nashville Predators, the Las Vegas Aces of the WNBA, Denver Summit FC of the NWSL and the NCAA's Big Sky Conference. Scripps Sports is owned by The E.W. Scripps Company (NASDAQ: SSP).

Contacts:

Kevin Grigg
Detroit Pistons
KGrigg@pistons.com

Dan Whelan
Platinum Equity
dwhelan@platinumequity.com

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/detroit-pistons-announce-new-local-television-media-rights-agreement-with-scripps-sports-302771496.html

SOURCE Detroit Pistons

FAQ

What did Scripps Sports (NASDAQ: SSP) announce with the Detroit Pistons on May 13, 2026?

Scripps Sports announced a new local television media rights agreement with the Detroit Pistons beginning in the 2026-27 NBA season. According to the companies, WMYD TV20 Detroit will become the official local broadcast home, airing all locally available pre-season and regular-season games.

How will the new Scripps Sports and Detroit Pistons TV deal affect fan access to games?

The agreement will return Pistons games to free, over-the-air TV throughout Detroit and Michigan. According to the companies, fans can watch via antenna and participating cable and satellite providers, reducing the need for a paid television subscription for locally televised games.

Which Scripps station will broadcast Detroit Pistons games under the new SSP media rights deal?

WMYD TV20 Detroit will serve as the official local broadcast home for Detroit Pistons games. According to Scripps Sports, TV20 will produce and air all locally available pre-season and regular-season games, supported by additional coverage across Scripps’ Detroit stations and digital platforms.

What additional programming is included in the Scripps Sports–Detroit Pistons (SSP) media agreement?

The partnership includes comprehensive game-day coverage plus a weekly half-hour Pistons show. According to the companies, original team-focused content will be integrated across broadcasts and digital programming, aiming to deliver pregame, in-game, postgame, and feature content to fans across the market.

Does the Scripps Sports and Detroit Pistons agreement include a streaming component for SSP investors to note?

Yes, the parties plan to collaborate on a direct-to-consumer streaming application. According to the announcement, details about this streaming product will be provided later, complementing over-the-air broadcasts and potentially broadening distribution of Detroit Pistons content across Scripps’ platforms.