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 (NASDAQ: SSP) has announced a new offering of $700 million in senior secured notes and $500 million in senior unsecured notes. The secured notes will mature in 2029 and the unsecured notes in 2031. The proceeds will primarily finance the acquisition of ION Media for $2.65 billion, alongside other financing methods including a $600 million preferred equity investment from Berkshire Hathaway. The offering is exempt from the Securities Act registration requirements and will be used to support Scripps' expansion in the media landscape.
Bounce, a broadcast and multi-platform entertainment network for African Americans, will air the 2020 Bounce Trumpet Awards on December 13 at 8:00 p.m. ET/PT. This year’s ceremony, titled The Bounce Trumpet Awards: Stand Up, will honor individuals fighting social injustice. Notable honorees include Naomi Campbell (Vanguard Award), Yara Shahidi (Trailblazer Award), Stacey Abrams (Valor Award), and Tommie Smith (Xernona Clayton Award). The show will also premiere the documentary With Drawn Arms, highlighting Smith's legacy in social activism.
Bounce has acquired exclusive rights for the world broadcast television premiere of With Drawn Arms, a documentary about Tommie Smith's iconic protest at the 1968 Olympics. Co-directed by Glenn Kaino and Afshin Shahidi, this film, produced by Jesse Williams and John Legend, highlights the enduring impact of Smith's gesture against social injustice. Bounce will also honor Smith at the Bounce Trumpet Awards on Dec. 13. The awards ceremony will air at 8:00 p.m. ET, followed by the documentary at 9:00 p.m. ET.
The Scripps Howard Awards, a prestigious journalism competition, will accept entries from Dec. 1 to Feb. 5 for works produced in 2020. Prize money totals $170,000, spread across 15 categories, with awards presented on April 21, 2021. The awards focus on impactful and investigative journalism, introducing a new subcategory for local reporting. Finalists will be announced on March 9. The Scripps Howard Foundation emphasizes recognizing local and regional stories, underscoring the importance of journalism in addressing significant societal issues.
The E.W. Scripps Company (NASDAQ: SSP) has promoted Brian Joyce to vice president and general manager of KPAX, its CBS affiliate in Missoula, Montana, effective Dec. 14, 2020. Joyce, with over 20 years of experience, previously served as director of sales at KMGH in Denver. He will succeed Bob Hermes, who is retiring after 40 years in broadcasting. Scripps aims to enhance local journalism and community engagement under Joyce's leadership, further positioning itself as a significant player in the media landscape.
The E.W. Scripps Company (NASDAQ: SSP) announces the promotions of Dan Perschke to vice president, controller, and Rebecca Riegelsberger to treasurer, vice president, tax. Perschke, who has been with Scripps since 2008, will oversee accounting systems and financial reporting. Riegelsberger, with the company since 2015, will manage cash flow and debt management. Both leaders will report to Lisa Knutson, the chief financial officer. These changes reflect Scripps' focus on leadership development and financial stewardship as the company prepares for its acquisition of ION Media.
The E.W. Scripps Company (NASDAQ: SSP) announced the promotion of Merri Hanson to vice president and general manager of KIVI, its ABC affiliate in Boise, Idaho, effective January 1, 2021. With over 25 years in the industry, Hanson previously served as station manager at KIVI and held various roles in notable companies. She replaces Ken Ritchie, who is retiring after 40 years. Scripps is also in the process of acquiring ION Media, which will solidify its position as the largest television broadcaster in the U.S., reaching 73% of U.S. households.
The E.W. Scripps Company (NASDAQ: SSP) reported a strong third quarter of 2020, achieving revenues of $493 million, a 49% increase from $331 million in Q3 2019. Income from continuing operations reached $64 million, or 76 cents per share, rebounding from a loss in the prior year. Political advertising revenue soared to $98.3 million, driven by heightened election activity. Scripps is set to acquire ION Media for $2.65 billion, further expanding its national network reach. The company anticipates 2020 free cash flow will exceed $280 million, reflecting a robust operational recovery.
Court TV is set to premiere a new, one-hour special titled Hollywood Predator: The Trial of Harvey Weinstein on November 8 at 7:00 p.m. ET. The program will provide insights into Weinstein's trial, which was covered live by Court TV, featuring testimonials, interviews, and media coverage that highlight the significant impact of the #MeToo Movement. Court TV can be accessed via cable, streaming services, and its app, making it a key player in legal media coverage, as part of Katz Networks under The E.W. Scripps Company (NASDAQ: SSP).
The E.W. Scripps Company (NASDAQ: SSP) has declared a cash dividend of 5 cents per share for the fourth quarter of 2020. Shareholders of record as of December 15, 2020 will receive their dividends payable on December 24, 2020. This dividend will be drawn from the company's surplus funds. Scripps is poised to become the largest television broadcaster in the U.S. with the acquisition of ION Media, potentially reaching 73% of U.S. TV households through 108 stations across 76 markets.
