Welcome to our dedicated page for The E.W. Scripps news (Ticker: SSP), a resource for investors and traders seeking the latest updates and insights on The E.W. Scripps stock.
The E.W. Scripps Company reports developments across its local television stations, national networks, sports media rights and balance-sheet initiatives. The company operates one of the largest local TV station portfolios in the U.S., reaches national audiences through Scripps News and entertainment brands including ION, Bounce, Grit, ION Mystery, ION Plus and Laff, and owns Scripps Sports.
Recurring Scripps news includes quarterly operating results, core advertising, political advertising and distribution revenue, station portfolio transactions, debt-reduction efforts and programming agreements. Coverage also includes Scripps Sports partnerships with professional and college sports properties, FAST channel initiatives, ION programming, and the company’s role as steward of the Scripps National Spelling Bee.
The E.W. Scripps Company (NASDAQ: SSP) has promoted Jeff Kiernan to vice president of local news, effective June 10. Kiernan will collaborate with Kate O'Brian, Scripps' president of news, on local news content strategy. He has been the VP and GM of Scripps' Las Vegas stations KTNV and KMCC since 2022. Kiernan's extensive experience includes roles at WXYZ, WMYD, WTMJ, WBBM-TV, WBZ-TV, and WCCO-TV. This promotion aligns with Scripps' strategy to unify local and national news under one structure, led by O'Brian. Anita Helt will serve as interim GM for KTNV and KMCC.
WTVF Nashville's investigation into Tennessee mayoral candidate wins prestigious Peabody Award. The investigation exposed mayoral candidate Gabrielle Hanson's white supremacist ties and other background questions. WTVF's investigative team uncovered inconsistencies and revelations about Hanson during the 2023 elections. Peabody judges highlighted the trail of hypocrisy and deceit in Hanson's campaign. The Peabody Awards recognize stories reflecting social issues and emerging voices. Phil Williams received his fourth Peabody Award for this investigation. Williams' reporting is commended for its impact on the local community.
The E.W. Scripps Company (NASDAQ: SSP) reported $561 million in revenue for Q1 2024. Loss attributable to shareholders was $12.8 million. Scripps expects political advertising revenue for 2024 to be $240-$270 million. The company is exploring a sale of Bounce TV network. Operating performance was boosted by political advertising and expense management. Scripps Networks showcased women's sports programming and journalism. NWSL season kickoff on ION attracted new viewers. Scripps aims to reduce debt levels and leverage, benefit from political advertising, and sale of assets.
The 2024 Scripps National Spelling Bee will host 245 spellers at the Gaylord National Resort & Convention Center in Maryland from May 28-30. The field includes former finalists and national participants, with competitors ranging from 8 to 15 years old. The event will feature spellers from all 50 states, with Texas having the largest representation. The Bee will be broadcast on ION and other Scripps Networks, continuing its success in viewership. Special recognitions will be awarded to outstanding individuals in education and volunteering.
In the second season of broadcasting WNBA games on ION, Scripps Sports introduces weekly studio shows to complement the State Farm® WNBA Friday Night Spotlight. ION will air 43 regular-season games, the largest among broadcast partners, including eight Indiana Fever games featuring 2024 No. 1 draft pick Caitlin Clark. Additionally, a variety of top WNBA teams and players will be showcased throughout the season. The studio shows will include pre-game, halftime, and wrap-up/preview segments, with the regular season commencing on May 14. The studio show will typically start at 7 p.m. ET.
Meredith Delaney has been appointed as the new president and CEO of the Scripps Howard Fund, the philanthropic arm of The E.W. Scripps Company (NASDAQ: SSP). Delaney has a successful track record of increasing donors and fundraising efforts, leading impactful programs such as the childhood literacy campaign. The Fund has seen significant growth under her leadership, with a focus on serving communities and supporting journalism and philanthropic causes.
Scripps News, owned by The E.W. Scripps Company (NASDAQ: SSP), won three National Headliner Awards, including a first-place award for its U.S.-Mexico border patrols documentary. The awards recognize outstanding journalism in various categories like investigative reporting and news video. Judges praised the in-depth coverage and varied perspectives presented in the winning documentaries.
The E.W. Scripps Company (NASDAQ: SSP) has appointed Seth Walters as head of CTV sales, bringing over a decade of streaming TV experience to drive revenue growth. Walters' background includes leadership roles in advanced advertising and partnerships with major studios and networks, positioning him to lead Scripps' go-to-market strategy and enhance revenue across premium brands.
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