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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.

Rhea-AI Summary

Court TV has announced a new seven-part series titled 'Trial & Error: Why Did O.J. Win?' premiering February 16, 2024. The series examines the infamous O.J. Simpson double murder trial 30 years after its opening statements, exploring the defense's successes and prosecution's failures that led to the controversial verdict.

The series features interviews with key trial participants, including defense attorneys F. Lee Bailey and Alan Dershowitz, LAPD Detective Mark Fuhrman, prosecutor Bill Hodgman, and family members of victims Nicole Brown Simpson and Ron Goldman. Episodes will air Sunday nights at 8 p.m. ET/PT, covering topics from the Brentwood murders to racial tensions and jury deliberations.

Hosted by attorney and Emmy-winning journalist Michael Ayala, with Ted Rowlands as executive producer, the series utilizes Court TV's extensive archive footage. The show will run alongside Court TV's coverage of current high-profile cases, including the trials of Lori Vallow, Karen Read, and Bryan Kohberger.

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National News Literacy Week, scheduled for Feb. 3-7, 2025, aims to address the critical need for teaching students credible information evaluation skills. The sixth annual event is jointly presented by the News Literacy Project, The E.W. Scripps Company, and USA TODAY.

According to a recent News Literacy Project study, 81% of teens who encounter conspiracy theories online tend to believe them, and many struggle to differentiate between sponsored content, opinion journalism, and paid ads. The study also revealed that teens express strong interest in learning media literacy at school, which correlates with better online habits like fact-checking before sharing content.

The initiative brings together three major organizations: the News Literacy Project (a national nonpartisan education nonprofit), Scripps (a diversified media company and major local TV news organization), and USA TODAY (owned by Gannett). Scripps was a co-founder of the event, with Gannett joining as a presenting partner this year.

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The E.W. Scripps Company (NASDAQ: SSP) has been awarded two 2025 Alfred I. duPont-Columbia Awards for outstanding journalism. Scripps News won for its investigation into Maine gun laws, while WTVF, Scripps' CBS affiliate in Nashville, was recognized for its coverage of political extremism in Tennessee.

The Scripps News investigation revealed how over two dozen law enforcement officials had information about the Maine mass shooter's threats before 18 people were killed. WTVF's award-winning investigation exposed mayoral candidate Gabrielle Hanson's ties to white supremacists and other controversial matters, producing more than 60 stories.

Additionally, Scripps News was named a finalist for its investigation into Flint's ongoing water crisis, which previously earned them a national news Emmy Award.

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Stagwell (NASDAQ: STGW) announced the return and expansion of SPORT BEACH, the premier sports destination at Cannes Lions International Festival of Creativity 2025, as the official LIONS Sport Partner. The event will introduce new 'Clubhouses' throughout 2025 at major industry events including the World Economic Forum in Davos, Super Bowl LIX, and South by Southwest.

The program features five key tracks: Athletes as Creators, Tech & Innovation Unleashed, Culture & Community Reimagined, Global Reach in Overdrive, and Resilience & Wellness Redefined. SPORT BEACH has secured partnerships with notable athletes including Carmelo Anthony, Sue Bird, Tara Davis-Woodhall, DeAndre Hopkins, and others. Brand partners include Ad Results Media, The Athletic, Channel Factory, Chicago Bulls, Clio Sports, Microsoft Advertising, and NBCUniversal as the exclusive Platinum Media Partner.

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The E.W. Scripps Company (NASDAQ: SSP) has promoted Lyn Plantinga to senior vice president of local media, effective immediately. She will lead local media operations and oversee Scripps' team of regional vice presidents while continuing her role as general manager for WTVF, Nashville's CBS-affiliated station.

Plantinga, who has over 30 years of experience starting as an intern at WTVF, previously served as regional vice president and general manager, overseeing stations in Nashville, Lexington, Cleveland, Buffalo and Cincinnati. Under her leadership, NewsChannel 5 became Nashville's top-rated station in every local daypart. Notable achievements include distributing 40,000 books to Title One schools, eliminating $1.8 million in medical debt for community members, and implementing storm shelters across 48 Middle Tennessee counties.

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EdgeBeam Wireless, a new joint venture formed by four major broadcasting groups (E.W. Scripps, Gray Media, Nexstar Media Group, and Sinclair), aims to provide nationwide wireless data services using ATSC 3.0 technology. The venture will leverage existing broadcast infrastructure to deliver data services across multiple industries.

The company targets three main markets with significant revenue potential: automotive connectivity ($3.7B/year), content delivery networks ($3.65B/year), and enhanced GPS ($220M/year). EdgeBeam will deliver data to any civilian or military device with an ATSC 3.0 receiver, including vehicles, drones, marine vessels, and mobile devices.

The partnership creates a nationwide spectrum footprint that individual broadcasters couldn't achieve alone, with plans to partner with additional broadcasters for expanded coverage. The service could also provide a backup to existing GPS capabilities, helping secure the U.S. economy.

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The E.W. Scripps Company (NASDAQ: SSP) has secured a new multi-year affiliation agreement with NBC, effective January 1, 2025, covering all 11 of its NBC television stations across various markets. The agreement includes stations in key locations such as Green Bay, Milwaukee, Corpus Christi, and West Palm Beach.

The renewal emphasizes the strength of the network-affiliate model and highlights the importance of local stations in providing trusted news reporting, emergency weather alerts, and community coverage. This follows Scripps' successful affiliation agreement renewal with CBS last fall, which included WTVF in Nashville and CBS-affiliated markets in Montana.

NBCUniversal highlighted upcoming programming like the NBA as part of their continued partnership with Scripps, focusing on delivering entertainment, news, and sports content to viewers nationwide.

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The Scripps Howard Fund has announced the opening of entries for the 72nd Scripps Howard Journalism Awards, offering $140,000 in prize money across 12 categories. The prestigious competition, accepting submissions for journalism produced in 2024 until February 3, recognizes excellence in various media formats including television, radio, podcasts, visual media, online outlets, and print publications.

New this year, winners will receive a travel stipend to present their work to journalism students at universities, in addition to prize money and trophy. The awards focus on high-impact and investigative reporting, with categories including Audio Storytelling, Business/Financial Reporting, Environmental Reporting, and Investigative Reporting among others.

The Impact Award, chosen from winners and select finalists, previously recognized Hannah Dreier of The New York Times for her work on child labor issues, which prompted a White House crackdown on unsafe working conditions for young immigrants.

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The E.W. Scripps Company (NASDAQ: SSP) has appointed Adam Harman as senior vice president of programming, effective Dec. 16, 2024. Harman brings over 20 years of media experience and will lead programming strategy for Scripps' news and entertainment networks, including ION, which ranks as the No. 5 general entertainment network and Google TV's most-watched live TV channel of 2024.

Harman previously served as vice president of strategy and acquisitions at A+E Networks for 11 years. His prior roles include program planning at NBCU's Style Network and Hallmark Channel. Based in Los Angeles, Harman will focus on content acquisition and programming strategies across Scripps' platforms.

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The E.W. Scripps Company (NASDAQ: SSP) has promoted Matthew Hijuelos to vice president of distribution, effective Jan. 1. He will oversee distribution across Scripps platforms, including cable, satellite, virtual carriers, and multicast spectrum. Currently serving as senior director of media distribution, Hijuelos has led streaming distribution efforts and helped grow annual connected TV advertising revenue.

Hijuelos joined Scripps in 2021 through its ION acquisition, where he was vice president of business distribution. He previously worked at Akamai Technologies for nearly 20 years in business development leadership roles. Based in New York, he will replace Robin Davis, who is retiring at year-end.

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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 $2.98 as of April 2, 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 267.4M.

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

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267.44M
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2.41%
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