STOCK TITAN

Scripps appoints Seth Walters to steer connected TV sales strategy

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
management

The E.W. Scripps Company (NASDAQ: SSP) has appointed Seth Walters as head of CTV sales, bringing over a decade of streaming TV experience to drive revenue growth. Walters' background includes leadership roles in advanced advertising and partnerships with major studios and networks, positioning him to lead Scripps' go-to-market strategy and enhance revenue across premium brands.

La E.W. Scripps Company (NASDAQ: SSP) ha nominato Seth Walters come responsabile delle vendite CTV, portando con sé oltre un decennio di esperienza nella TV in streaming per promuovere la crescita del fatturato. Il background di Walters include ruoli di leadership nella pubblicità avanzata e collaborazioni con importanti studi e reti televisive, posizionandolo per guidare la strategia di mercato della Scripps e migliorare i ricavi attraverso marchi di prestigio.
La compañía E.W. Scripps (NASDAQ: SSP) ha designado a Seth Walters como jefe de ventas de CTV, aportando más de una década de experiencia en televisión por streaming para impulsar el crecimiento de los ingresos. La trayectoria de Walters incluye roles de liderazgo en publicidad avanzada y asociaciones con grandes estudios y redes, lo cual lo posiciona para liderar la estrategia de comercialización de Scripps y aumentar los ingresos a través de marcas premium.
E.W. Scripps 회사(NASDAQ: SSP)는 스트리밍 TV 경험 10년 이상을 가진 Seth Walters를 CTV 판매 책임자로 임명하였습니다. Walters의 경력은 고급 광고 및 주요 스튜디오 및 네트워크와의 파트너십에서의 리더십 역할을 포함하여, 그를 Scripps의 시장 진출 전략을 이끌고 프리미엄 브랜드를 통한 수익 증대에 적합하게 만듭니다.
La société E.W. Scripps (NASDAQ: SSP) a nommé Seth Walters à la tête des ventes CTV, apportant plus d'une décennie d'expérience dans la télévision en streaming pour stimuler la croissance des revenus. Le parcours de Walters comprend des rôles de leadership dans la publicité avancée et des partenariats avec de grands studios et réseaux, le positionnant pour diriger la stratégie de mise en marché de Scripps et améliorer les revenus à travers des marques premium.
Die E.W. Scripps Company (NASDAQ: SSP) hat Seth Walters zum Leiter des CTV-Vertriebs ernannt und bringt mehr als ein Jahrzehnt Erfahrung im Streaming-TV mit, um das Umsatzwachstum zu fördern. Walters' Hintergrund umfasst Führungspositionen in der fortschrittlichen Werbung und Partnerschaften mit großen Studios und Netzwerken, was ihn dazu befähigt, die Go-to-Market-Strategie von Scripps zu leiten und den Umsatz über Premium-Marken zu steigern.
Positive
  • Seth Walters' extensive experience in streaming TV and advanced advertising will bolster Scripps' CTV sales strategy, driving long-term revenue growth.
  • Walters' successful track record in establishing partnerships with major studios and networks indicates his ability to navigate the rapidly evolving CTV marketplace and monetize digital impressions.
  • Scripps' appointment of Walters reflects their commitment to capitalizing on the explosive growth of the CTV industry and leveraging his strategic thinking and innovation to drive business opportunities.
Negative
  • Potential challenges may arise as Walters transitions from his previous roles at LG Electronics and Roku to lead Scripps' CTV sales strategy, requiring effective adaptation to a new corporate environment and portfolio of premium brands.

CINCINNATI, April 29, 2024 /PRNewswire/ -- The E.W. Scripps Company (NASDAQ: SSP) is adding Seth Walters – a media executive with more than a decade of streaming TV experience – to its sales leadership team as head of CTV sales, effective April 29.

Walters will lead Scripps' digital go-to-market strategy and help drive long-term CTV revenue growth across Scripps' dynamic portfolio of premium brands including Scripps Sports, ION, Scripps News and local news.

His 20-plus-year career has spanned leadership roles in streaming TV and advanced advertising, helping streaming platforms and media agencies accelerate their CTV businesses. Most recently, Walters was the head of LG Channels in North America at LG Electronics, overseeing LG's free ad-supported streaming TV service. In this role, he contributed to the outsized growth of their FAST service by establishing hundreds of new partnerships with major studios, networks and independent content owners and producers.

Prior to LG, Walters served as vice president of demand partnerships at Roku and as president of Modi Media, GroupM's advanced TV agency. He began his career with Starcom MediaVest Group, where he worked with CPG brands like Procter & Gamble, Coca-Cola and Walmart on targeted advertising campaigns.

"Seth is a strategic thinker, innovator and disruptor with proven experience leading high-performing teams through industry transformation," said Brian Norris, Scripps' chief revenue officer. "As the CTV marketplace continues its explosive growth, Seth's experience building targeted consumer campaigns for blue chip brands, combined with his depth of advanced advertising knowledge, will help Scripps develop new opportunities to monetize the rapidly increasing digital impressions being driven to CTV platforms."

Walters has a Bachelor of Science from State University of New York at Buffalo. He will be based in New York.

Media contact: Becca McCarter, The E.W. Scripps Company, (513) 410-2425, rebecca.mccarter@scripps.com
Investor contact:
Carolyn Micheli, The E.W. Scripps Company, (513) 977-3732, carolyn.micheli@scripps.com

About Scripps
The E.W. Scripps Company (NASDAQ: SSP) is a diversified media company focused on creating a better-informed world. As one of the nation's largest local TV broadcasters, Scripps serves communities with quality, objective local journalism and operates a portfolio of more than 60 stations in 40+ markets. Scripps reaches households across the U.S. with national news outlets Scripps News and Court TV and popular entertainment brands ION, Bounce, Defy TV, Grit, ION Mystery and Laff. Scripps is the nation's largest holder of broadcast spectrum. Scripps is the longtime steward of the Scripps National Spelling Bee. Founded in 1878, Scripps' long-time motto is: "Give light and the people will find their own way."

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/scripps-appoints-seth-walters-to-steer-connected-tv-sales-strategy-302130164.html

SOURCE The E.W. Scripps Company

FAQ

Who has The E.W. Scripps Company appointed as head of CTV sales?

The E.W. Scripps Company has appointed Seth Walters as head of CTV sales.

What is Seth Walters' background in?

Seth Walters has over a decade of experience in streaming TV and advanced advertising, with leadership roles at LG Electronics, Roku, and Modi Media.

What brands will Seth Walters work with at Scripps?

Seth Walters will work with Scripps Sports, ION, Scripps News, and local news brands.

Where will Seth Walters be based?

Seth Walters will be based in New York.

The E.W. Scripps Company

NASDAQ:SSP

SSP Rankings

SSP Latest News

SSP Stock Data

175.32M
61.36M
17.42%
78.35%
3.4%
Broadcasting
Television Broadcasting Stations
Link
United States of America
CININNATI