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.
The E.W. Scripps Company and The Washington Post are launching a new political show titled 'Election 22: What Matters', premiering on Sept. 9, 2022. This 30-minute program will focus on key voter issues ahead of the November elections, airing weekly on Fridays at 8:30 p.m. and re-running on weekends. The show will feature insights on topics like the economy and healthcare, with reporters from various states collaborating for in-depth coverage. This collaboration aims to provide a comprehensive view of what matters to voters across the nation.
Bounce and Grit networks have launched on DIRECTV, providing new content options for subscribers. Bounce, focused on original series and films for Black audiences, airs on channel 82, while Grit showcases classic westerns on channel 81. Both networks are part of The E.W. Scripps Company (NASDAQ: SSP). Bounce introduces new episodes of 'Johnson' at 8 p.m. ET on Sundays, with 'Finding Happy' premiering on Sept. 24. This partnership emphasizes the growing demand for diverse programming and classic genres.
VIZIO has expanded its free streaming service, WatchFree+, by adding four new channels from The E.W. Scripps Company: ION, ION Mystery, Bounce XL, and Grit Xtra. These channels will provide users with a diverse array of content, including popular dramas and thrilling investigative shows. VIZIO aims to enhance user experience by offering a wide variety of free programming without subscriptions or login requirements. This addition follows a growing relationship with Scripps, expanding the reach of their entertainment brands to millions of households across America.
The Scripps Howard Foundation has announced a $3.8 million grant to the International Center for Journalists (ICFJ) for a project called "Disarming Disinformation". This three-year initiative aims to empower journalists and students worldwide to combat misinformation through training in fact-checking, verification, and digital security. The project will also facilitate collaboration on disinformation investigations and produce resources including case studies. The initiative responds to urgent global issues related to misinformation, with activities starting immediately and funding provided until 2025.
On August 30, 2022, The E.W. Scripps Company (NASDAQ: SSP) announced the launch of the Scripps Journalism Journey Initiative, aiming to transition print journalists into broadcast careers. Led by Jim Iovino, a seasoned journalist with over 25 years of experience, this multi-year program is financially backed by Google. The initiative seeks to enhance digital journalism skills among veteran journalists, nurturing their talents for a video-driven news landscape. Applications are currently open, with the program set to start in December and January.
The Scripps Howard Fund's seventh annual childhood literacy campaign aims to distribute its 1 millionth book during the 2022-2023 school year. Running from August 29 to September 9, the campaign encourages $5 donations to provide books to children in need. Local television stations partner with Title 1 schools to ensure access for underserved children, focusing on kindergarten to third grade. The Fund's goal is to equip each student with 10 age-appropriate books annually. Donations can be made at ifyougiveabook.com.
The E.W. Scripps Company (NASDAQ: SSP) reported a record $594 million in revenue and $132 million in segment profit for Q2 2022, driven by robust political advertising and retransmission revenues. Political ad revenue is projected to exceed $270 million for the full year, surpassing 2020 results. Local Media revenue rose 9.5% to $356 million, with political revenue significantly increasing to $24 million. Despite a challenging ad market, Scripps Networks maintained revenue at $239 million. Free cash flow for 2022 is targeted at $400 million, reflecting effective expense management.
The E.W. Scripps Company (NASDAQ: SSP) has approved a new contract for President and CEO Adam P. Symson, extending his tenure through December 31, 2027. Symson, who has served since August 2017, has led significant growth initiatives, including the acquisition of ION Media and the establishment of a profitable operating division with nine national broadcast networks. Under his leadership, the company has enhanced its Local Media portfolio, improved operating performance, and navigated challenges like the COVID-19 pandemic. The board emphasizes aligning executive pay with shareholder interests.
The E.W. Scripps Company (NASDAQ: SSP) will announce its second-quarter 2022 operating results before Nasdaq trading on August 5, 2022. A conference call featuring senior management is scheduled for 9:30 a.m. Eastern time on the same day, which will be available via live webcast at ir.scripps.com. For those wishing to join by phone, they can dial (844) 867-6169 (U.S.) or (409) 207-6975 (international) with access code 1864935. A replay will be available until midnight on September 7, 2022.
The E.W. Scripps Company (NASDAQ: SSP) has announced the appointment of Lisa Volenec as vice president and general manager for KMTV in Omaha, Nebraska, effective August 22, 2022. Volenec, a seasoned media professional, is returning to her roots in Omaha where she began her career in television news. Previously, she served as regional business development director for Scripps' Local Media division and has extensive leadership experience within the company. Local Media President, Brian Lawlor, expressed confidence in her ability to drive KMTV's success, emphasizing her market knowledge and leadership skills.
