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.
Court TV announced the premiere of a new true-crime series, Judgment With Ashleigh Banfield, debuting Sept. 13, 2020, which will explore high-profile trials with exclusive interviews. Michael Ayala returns as an anchor on Aug. 24, joining the team of experienced anchors. The network will also air a special marathon of the OJ25 docuseries, commemorating the 25th anniversary of O.J. Simpson's trial, on Oct. 3-4. Court TV, part of Katz Networks and the E.W. Scripps Company (NASDAQ: SSP), offers extensive legal coverage across multiple platforms.
Court TV has announced its coverage of significant upcoming trials, including the cases of George Floyd, Ahmaud Arbery, Robert Durst, and R. Kelly. These cases reflect critical issues in modern society, such as race relations and criminal justice. Court TV promises unparalleled access and expert insights, led by a team of experienced legal professionals. The network is accessible through multiple platforms, including live streaming on CourtTV.com and popular streaming devices, ensuring widespread viewership.
Bounce, the first broadcast network for African Americans, has unveiled its 2020-21 original programming slate, featuring new comedies, movies, and a true crime docuseries. Highlights include two new comedy series by Cedric The Entertainer, the U.S. premiere of Killing Michael Jackson on Sept. 7, and the renewal of Saints & Sinners for a fifth season in Spring 2021. Other notable content includes inspiring original movies like A Chance in the World and the documentary Dying To Be Famous. Bounce is part of The E.W. Scripps Company (NASDAQ: SSP).
The E.W. Scripps Company (NASDAQ: SSP) has announced a cash dividend for Q3 2020, set at 5 cents per share. Shareholders on record by Sept. 15, 2020, will receive this dividend, payable on Sept. 25, 2020. The payment will come out of the company’s surplus funds. Operating as the fourth-largest independent TV station owner in the U.S., Scripps serves audiences through multiple platforms including Newsy and various broadcast networks.
The E.W. Scripps Company (NASDAQ: SSP) announced its Q2 2020 results, reporting a revenue increase to $359 million, up 12% from the previous year. However, the company faced a loss from continuing operations of $17.5 million, contrasting with a profit of $5.8 million in Q2 2019. Key developments included the sale of its podcast business, Stitcher, for $325 million, and a 39% decline in core advertising revenue amid COVID-19 impacts. Political ad revenue reached $13.4 million, surpassing expectations, while the company dealt with a distributor blackout with Dish Network.
The E.W. Scripps Company (NASDAQ: SSP) announced that its local television stations in 42 markets are now unavailable to DISH subscribers. This situation arises as Scripps seeks to negotiate a new contract that includes fair terms for both parties, following five months of discussions. President Brian Lawlor emphasized the importance of their programming during critical times, including a global pandemic and severe weather warnings. Scripps, which has never had a blackout with any pay TV distributor since 1947, remains hopeful for a resolution.
The E.W. Scripps Company (NASDAQ: SSP) has appointed Sean Trcalek as the new vice president and general manager of KATC, its ABC affiliate in Lafayette, Louisiana. With over 30 years of experience in broadcasting and sales, Trcalek returns to KATC, where he began his career in 1989. His extensive background includes roles at KADN, KLAF, and major companies like Warner Brothers. Trcalek aims to align KATC's mission with local community needs and enhance its service to Acadiana.
The E.W. Scripps Company (NASDAQ: SSP) will announce its second-quarter 2020 operating results before the market opens on August 7, 2020. A conference call with senior management will take place at 9:30 a.m. Eastern time on the same day, which will be available via live webcast. Access details include a domestic dial-in number at (877) 226-8216 and an international number at (409) 207-6983, using access code 5646140. A replay of the call will be accessible from 12:30 p.m. Eastern on August 7 until midnight on August 21.
The E.W. Scripps Company (NASDAQ: SSP) has agreed to sell its podcast business, Stitcher, to SiriusXM for $325 million, resulting in over a 2x return on its investment over five years. The deal includes $265 million in cash upfront and potential earnouts based on 2020 and 2021 results. Stitcher's revenue grew at a CAGR of 52% from 2016 to 2019, reaching $72.5 million in 2019. This divestiture will enhance Scripps' EBITDA and aid in debt reduction, aligning with its strategy to capitalize on changing media habits.
