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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.
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Bounce has announced the renewal of its hit original series Johnson for a second season in 2022 after its successful debut, which attracted over two million viewers in August 2021, setting a Bounce record for a half-hour series. The first season finale is set to air on Oct. 3, 2021, at 8 p.m. ET. Johnson focuses on the lives and challenges of lifelong friends, highlighting the Black male experience. The series is produced by A Bird & A Bear Entertainment and showcases Atlanta's culture. The show's creators express gratitude for the support received and look forward to further character development in season two.
Cincinnati's leading television stations, namely WCPO-TV, WKRC-TV, WLWT, WXIX-TV, and WSTR-TV, have launched NEXTGEN TV, an innovative broadcasting technology. This system enhances viewer experience through superior video quality and features like advanced emergency alerts and Voice+ dialogue enhancement. The upgrade follows a decade of development and enables seamless integration with internet content for real-time viewing. WSTR-TV will handle both its own programming and that of other stations in the NEXTGEN format while maintaining existing DTV broadcasts.
The E.W. Scripps Company (NASDAQ: SSP) has appointed Ethan Nelson as head of program development and Christina Hartman as head of news standards, effective immediately. Nelson will lead the expansion of Newsy's programming lineup ahead of its 24/7 launch on October 1, while Hartman will ensure high editorial standards for Newsy and Court TV. Both will report to Kate O'Brian, strengthening Scripps' commitment to fact-based reporting. With significant experience in television production, their leadership aims to enhance Scripps' news offerings across multiple platforms.
Kansas City’s leading television stations, including KMBC-TV, KCTV, and KSHB-TV, have launched NEXTGEN TV, a groundbreaking digital broadcast technology based on ATSC 3.0. This upgrade offers enhanced features like improved emergency alerts, superior video quality, and better audio clarity. The launch follows extensive planning and development and marks a significant step for local broadcasters. The technology will enable viewers to enjoy live events and real-time content more effectively. The service is already operational in over 30 cities nationwide.
Court TV will air two significant trials: Wisconsin v. Kyle Rittenhouse and Georgia v. Ahmaud Arbery. The network aims to provide comprehensive coverage and analysis, working closely with court officials for transparency. In addition, Ashley Willcott, a former judge, joins as the fifth anchor, hosting live coverage weekdays from 3 to 6 p.m. ET. Following the Derek Chauvin trial, Court TV experienced a surge in ratings, with a 330% increase in trial coverage viewership compared to prior averages. The network continues to expand its reach through various streaming platforms.
The E.W. Scripps Company (NASDAQ: SSP) announced the appointment of Adam Chase as vice president and general manager for WTKR, its CBS affiliate in Norfolk, Virginia, effective September 6, 2021. Chase previously managed KXXV and KRHD in Texas, achieving significant ratings success and expanding local news coverage. His leadership is expected to enhance WTKR's market position. Scripps, the fourth-largest local TV broadcaster in the U.S., focuses on quality journalism across its 61 stations.
The E.W. Scripps Company (NASDAQ: SSP) reported a 23% increase in consolidated revenue for Q2 2021, attributed to strong advertising market recovery and sales execution. Local Media core advertising surged 48%, including a remarkable 623% rise in travel and leisure spending. The company's free cash flow guidance for 2021 was raised to $240-$260 million. Despite a loss of $11.4 million for continuing operations, Scripps showed robust performance in both Local Media and Scripps Networks. Total revenue for the quarter reached $565 million, reflecting a 57% year-over-year increase.
The E.W. Scripps Company (NASDAQ: SSP) appointed Eric Ludgood as the head of Newsy, effective August 16, 2021. Ludgood will oversee the editorial leadership and programming for Newsy, which aims to launch as a national news network by October 1, 2021. He brings extensive experience from CNN International, where he played key roles in major global events. Newsy, already available on major platforms, will soon reach over 90% of U.S. television homes, marking a significant expansion in its distribution.
Court TV will broadcast live coverage of real estate heir Robert Durst's testimony in his murder trial, where he is accused of killing Susan Berman in 2000. Durst pleaded not guilty and is expected to testify following expert witness Dr. Elizabeth Loftus. The trial is significant due to Durst's connection to the HBO documentary The Jinx, which renewed interest in the case. Durst was previously acquitted of another murder charge in Texas.