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Scripps E W Co Ohio - SSP STOCK NEWS

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.

Overview

The E.W. Scripps Company (SSP) is a diversified media enterprise with a rich heritage dating back to 1878. Known for its commitment to objective local journalism and innovative digital storytelling, Scripps serves communities across the United States with a powerful blend of television, radio, and digital media assets. With a core focus on quality content and extensive local market penetration, the company provides trusted news and information that enable citizens to stay informed through both traditional and modern platforms.

Business Segments and Revenue Streams

Scripps operates through several key segments:

  • Local Media: This segment comprises a broad network of local television stations and digital operations. These stations are affiliated with major networks including ABC, NBC, CBS, and FOX, enabling dynamic local advertising opportunities, retransmission fees and political advertising revenues. The wide reach in minute local markets is instrumental in delivering community news and real-time information.
  • Scripps Networks: Under this umbrella, the company manages national news outlets and entertainment channels such as Scripps News, Court TV, ION, Bounce, and others. These networks maximize revenue primarily through advertising while maintaining a broad distribution that touches nearly every U.S. household.
  • Digital and Sports Platforms: Recognizing the digital transformation, Scripps has expanded its scope into digital journalism and multimedia content. This includes owning innovative platforms in podcasting, over-the-top (OTT) video services, and dedicated sports broadcasting via Scripps Sports. Strategic partnerships with major sports leagues and teams have further diversified its content offerings and audience engagement on platforms such as ION and mobile streaming applications.

Content, Innovation, and Investigative Journalism

Scripps is not only a major broadcaster but also a content innovator. It underpins an award-winning investigative newsroom in Washington, D.C., known for its incisive reporting and its commitment to uncovering critical public interest stories. The company's production of educational and entertaining content, including long-standing institutions like the Scripps National Spelling Bee, showcases its versatility and deep-rooted trust within the media landscape.

Market Position and Industry Impact

As one of America’s largest independent TV station owners and the nation’s most extensive holder of broadcast spectrum, Scripps has a significant market presence. It operates in a competitive environment that demands high standards in local journalism, digital innovation, and sports broadcasting. Its ability to adapt to technological changes and shifts in content consumption underlines its resilience. By integrating traditional broadcast strengths with emerging digital trends, Scripps continues to set benchmarks in quality journalism and diversified media content.

Commitment to Excellence and Trustworthiness

Reflecting its long-time motto, "Give light and the people will find their own way," Scripps emphasizes credibility and authority in its operations. The company maintains rigorous journalistic standards and focuses on providing well-researched, fact-based reporting—a principle that has built a loyal audience and solidified its reputation among media professionals and investors alike.

Strategic Partnerships and Future-Proof Operations

Scripps has established multiple strategic partnerships to expand its reach and enhance its content offerings. Through collaborations with major sports leagues, digital partners, and content distribution platforms, Scripps has effectively diversified its audience base and revenue sources without compromising its commitment to quality journalism. These initiatives ensure that the company remains a pivotal player in both local and national media ecosystems.

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Scripps Howard Fund's 'If You Give a Child a Book …' campaign raises record-breaking $1.2 million and donates 200,000 books to children
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The E.W. Scripps Company completes cable and satellite carriage agreements, increasing revenue and expanding distribution margins.
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Epic partners with Scripps National Spelling Bee, offering discounted access to Epic School Plus for enrolled schools. 92% of Epic educators believe reading improves spelling skills. Tynker joins as official coding partner. Both brands to have presence at national competition.
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Scripps News wins first National News Emmy Award for 'In Real Life' documentary series. The winning episode 'Plastic Time Bomb' explores the impact of microplastics on the planet. Scripps News also honored with other awards. Fifth season of 'In Real Life' to debut on Oct. 8.
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The Scripps Howard Awards finalists have been announced, with winners receiving $170,000 in prize money. The awards honor impactful journalism across various categories. The winners will be announced on Oct. 22 on Scripps News. No specific business takes affecting stock price were found in the PR.
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Tablo unveils redesigned device with enhanced OTA TV experience and no subscription fees
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The E.W. Scripps Company launches a new version of Tablo, a device that enables whole-home viewing and recording of OTA broadcast television and free ad-supported streaming channels without a subscription. The Tablo device has advanced DVR scheduling, 50+ hours of onboard storage, and supports all mobile and most connected TV platforms. The Tablo device is available now at an affordable price of $99.95 with no subscriptions or contracts. OTA TV viewing is growing, with 33% of all content watched on cable during prime time and weekends available free and over the air. 36 million U.S. households currently own an antenna, and 7.5 million antennas were sold in 2022. 50% of consumers ages 18-64 said they would consider buying a digital antenna in the next year. Scripps aims to increase OTA adoption and expand its leadership in free ad-supported television.
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Two local television stations owned by The E.W. Scripps Company, KTVQ in Billings, Montana, and WTVR in Richmond, Virginia, have won prestigious 2023 National Edward R. Murrow Awards for their outstanding journalism. KTVQ won in the small-market television category of 'hard news' for their coverage of the 2022 flooding in Yellowstone National Park. WTVR won in the small-market television category of 'news series' for their work on the sniper-style shootings in Virginia, Maryland, and Washington D.C. in 2002. This is the second National Murrow Award for KTVQ and the third for WTVR in four years.
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E.W. Scripps Company (NASDAQ: SSP) hires Brian Norris, a seasoned media industry leader, as its new chief revenue officer. Norris brings 25 years of experience in driving television revenue and developing multiplatform advertising sales strategies. He joins Scripps from NBCUniversal, where he led the SMB growth division. Norris also has experience with DISH Network, Sling TV, Viacom, and Lifetime Entertainment Services. Scripps aims to leverage Norris's expertise to expand its advertising revenue in the local, national, and CTV marketplaces.
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The E.W. Scripps Company reported $583 million in revenue and $112 million in segment profit for Q2 2023. Loss attributable to shareholders was $682 million or $8.10 per share, primarily due to a non-cash goodwill impairment charge and restructuring costs. Scripps' WNBA Friday Night Spotlight on ION has seen a 42% increase in ratings since its launch. Scripps Networks exceeded revenue guidance, with CTV revenue up 18% YoY. However, a longer-than-anticipated advertising recession led to a non-cash charge of $686 million. Scripps expects to have successfully renegotiated 75% of pay TV household renewals by Q3 2023. The company increased its revolver to $585 million and used it to pay down its term loan B-1. Scripps President and CEO Adam Symson highlighted positive progress in distribution renewals, growth in automotive spending, and the successful launch of the WNBA on ION. Scripps Sports division will also begin broadcasting Vegas Golden Knights NHL games in September.
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FAQ

What is the current stock price of Scripps E W Co Ohio (SSP)?

The current stock price of Scripps E W Co Ohio (SSP) is $2.38 as of April 4, 2025.

What is the market cap of Scripps E W Co Ohio (SSP)?

The market cap of Scripps E W Co Ohio (SSP) is approximately 211.9M.

What is The E.W. Scripps Company?

The E.W. Scripps Company is a diversified media enterprise that operates a wide range of local broadcast stations, digital news platforms, and sports broadcasting services.

Which segments form the core of Scripps' business?

The company operates through key segments including Local Media, Scripps Networks, and Digital/Sports platforms. Each segment supports its revenue through advertising, retransmission fees, and digital subscriptions.

How does Scripps generate its revenue?

Revenue is generated primarily through advertising sales, retransmission fees from cable and digital platforms, and strategic partnerships in sports broadcasting and digital content distribution.

What distinguishes Scripps' local media operations?

Scripps' local media operations are distinguished by their widespread network of broadcast stations and deep community engagement, offering reliable local journalism and real-time information.

How is Scripps adapting to digital transformation?

The company has expanded into digital journalism, OTT video services, and sports streaming platforms, integrating traditional media with innovative digital content to meet evolving audience demands.

What role does investigative journalism play at Scripps?

Scripps places a strong emphasis on investigative journalism, operating award-winning newsrooms that provide in-depth, fact-based reporting on critical issues of public interest.

How does Scripps maintain its reputation for trustworthiness?

Scripps upholds high journalistic standards, delivering objective, well-researched content across all its platforms. Its long-standing commitment to credible reporting has earned it a trusted reputation in the media industry.
Scripps E W Co Ohio

Nasdaq:SSP

SSP Rankings

SSP Stock Data

211.86M
62.35M
17.72%
73.58%
2.41%
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Television Broadcasting Stations
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