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.
The E.W. Scripps Company (SSP), a leader in local journalism and multiplatform media since 1878, provides critical updates through this centralized news hub. Investors and industry observers will find official press releases, earnings reports, and strategic announcements essential for tracking SSP's position in broadcast television, digital content, and sports media.
This resource consolidates SSP's material developments, including acquisition activity, partnerships with major networks, and innovations in over-the-air broadcasting. Users gain access to verified information on leadership changes, regulatory filings, and content launches across Scripps News, Court TV, and ION platforms.
Regular updates ensure stakeholders stay informed about SSP's operational milestones in local advertising markets, spectrum utilization, and digital transformation initiatives. Bookmark this page for efficient monitoring of financial disclosures and corporate communications from one of America's most established media enterprises.
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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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North Island Credit Union has launched a book drive to provide children in low-income households with access to books outside the classroom. The book drive is being conducted with the Scripps Howard Fund and ABC 10News as part of its childhood literacy campaign. Donated books should be new and appropriate for kindergarten through elementary school students.
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The E.W. Scripps Company (NASDAQ: SSP) will report second-quarter 2023 operating results before Nasdaq trading begins on Friday, Aug. 4. The call with the company's senior management team will take place at 9:30 a.m. Eastern time. Scripps will offer a live webcast of the conference call. To access the webcast, visit http://ir.scripps.com/. The webcast link can be found on that page under 'upcoming events.' Investors and analysts can also access the conference call by telephone. A replay line will be open from 12:30 p.m. Eastern time Aug. 4 until midnight Sept. 3.
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Scripps E W Co Ohio
Nasdaq:SSP
SSP Rankings
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189.97M
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73.58%
2.41%
Broadcasting
Television Broadcasting Stations
United States
CININNATI