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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
E.W. Scripps Company (NASDAQ: SSP) nominates Nishat Mehta, a seasoned executive, to its board of directors. Mehta brings extensive experience in consumer research, marketing services, and financial acumen from leading companies. His appointment aims to strengthen Scripps' expansion into new television platforms and technologies.
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Scripps Sports to Launch Weekly NWSL on ION Studio Shows Featuring First-Ever Dedicated Studio Shows for NWSL Matches, Led by Veteran Producers and Analysts. Season Starts on March 16 with Pre-Match, Halftime, Post-Match Shows. Viewers Can Access ION via Streaming Platforms. Scripps Sports to Air 50 of 118 NWSL Matches on National TV. Talent Includes Lisa Carlin, Darian Jenkins, Jessica McDonald, Nicole Denne, JP Dellacamera, Jill Loyden, Maura Sheridan, Jordan Angeli, and More.
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The E.W. Scripps Company appoints Kate O'Brian as President of News, overseeing news operations for local media stations, Scripps News, and Court TV, aiming to enhance editorial strategy and audience engagement.
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E.W. Scripps Company (NASDAQ: SSP) reported $616 million in revenue for Q4 2023 with a loss of $268 million. Scripps Sports secured a media rights deal with NWSL and will broadcast 50 games. Scripps Networks saw a 7% revenue decline but exceeded expectations due to connected TV and advertising. The company anticipates $40 million in annual savings by mid-2024.
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The Arizona Coyotes announced a new media rights deal with Kiswe and Scripps Sports to launch Coyotes Central, a D2C streaming platform for fans to watch live games, replays, and exclusive content. Subscriptions start at $11.99 per month with the remainder of the 2023-24 season available for $24.99. The platform aims to enhance fan experience and provide flexible viewing options.
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The E.W. Scripps Company (NASDAQ: SSP) has appointed Tony Song as the head of network sales and advanced TV. With over 25 years of industry experience, Song will drive long-term revenue growth across all Scripps' national assets, focusing on advanced TV, connected TV, sports, and news. Song's industry relationships and understanding of the national and CTV marketplaces are expected to help Scripps capture value from industry disruption.
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The E.W. Scripps Company (NASDAQ: SSP) is set to report its fourth-quarter 2023 operating results before Nasdaq trading begins on Friday, Feb. 23. The call with the company's senior management team will take place at 8:30 a.m. Eastern time. Scripps will offer a live webcast of the conference call and a replay line will be open from 11:30 a.m. Eastern time on Feb. 23 until midnight March 24. The domestic number to access the replay is (866) 207-1041 and the international number is (402) 970-0847. A replay of the conference call will be archived and available online for an extended period of time following the call.
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National News Literacy Week 2024 is highlighting the importance of news literacy and local news in a healthy democracy. The initiative, co-presented by the News Literacy Project and The E.W. Scripps Company, aims to teach people how to distinguish fact from fiction in the news and empower them with the skills needed to be informed participants in civic life. The week-long event offers online and in-person events, a public service announcement campaign, and a social media conversation using the hashtag #NewsLiteracyWeek.
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The E.W. Scripps Company (NASDAQ: SSP) announces the retirement of Chief Legal Officer Bill Appleton at the end of 2024. Deputy General Counsel Dave Giles is appointed to replace him. Appleton's significant contributions include facilitating major acquisitions and transformative transactions, while Giles has extensive experience in media law and regulatory issues.
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National News Literacy Week (Jan. 22–26) highlights the vital role of local news in keeping communities informed and connected. The week is co-presented by the News Literacy Project and The E.W. Scripps Company, a diversified media company and one of the nation's largest local TV broadcasters. The campaign aims to raise awareness of news literacy as an essential life skill and provide the public, educators, students, and parents with tools and tips for navigating the information landscape.
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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 $2.35 as of April 7, 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 211.9M.

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

SSP Rankings

SSP Stock Data

211.86M
62.35M
17.72%
73.58%
2.41%
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