Wells Fargo downgraded Scripps from Overweight to Equal Weight and set a new price target of $11.00 from $20.00 previously
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 11/9/2022 | $20.00 → $11.00 | Overweight → Equal Weight | Wells Fargo |
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CINCINNATI, May 8, 2025 /PRNewswire/ -- The E.W. Scripps Company (NASDAQ:SSP) delivered $524 million in revenue for the first quarter of 2025. Loss attributable to the shareholders of Scripps was $18.8 million or 22 cents per share. Year to date, the company has successfully completed negotiations covering 25% of its pay TV households, significantly grown its Scripps Networks margins and closed its previously announced refinancing transactions. Business notes: On April 10, the company successfully completed the refinancing of its 2026 term loan, 2028 term loan and revolving cr
CINCINNATI, April 17, 2025 /PRNewswire/ -- The E.W. Scripps Company (NASDAQ:SSP) will report first-quarter 2025 operating results after the markets close on Thursday, May 8. The call with the company's senior management team will take place at 9:30 a.m. Eastern time on Friday, May 9. The company's protocol for joining its earnings calls is as follows: To access a live webcast of the call, participants will need to register by visiting http://ir.scripps.com/. The registration link can be found on that page under "upcoming events."To dial in by phone, participants will first need to visit a website to receive the phone number. To receive a listen-only dial-in and PIN code, visit https://edg
CINCINNATI, March 11, 2025 /PRNewswire/ -- The E.W. Scripps Company (NASDAQ:SSP) delivered $728 million in revenue for the fourth quarter of 2024, driven by record political advertising revenue. Income attributable to the shareholders of Scripps was $80.3 million or 92 cents per share. Business notes: The company has executed a transaction support agreement with the majority of its 2026 and 2028 term loan holders to push out its nearest-term maturity while also extending a portion of its 2028 term loan. The company also entered into commitment letters with accounts receivable
Wells Fargo downgraded Scripps from Overweight to Equal Weight and set a new price target of $11.00 from $20.00 previously
Veteran Technology Executive to Lead Next-Generation Wireless Venture Powered by ATSC 3.0 EdgeBeam Wireless, LLC, the joint venture launched by The E.W. Scripps Company, Gray Media, Nexstar Media Group, Inc., and Sinclair, Inc., is pleased to announce the appointment of Conrad Clemson as its Chief Executive Officer, effective immediately. EdgeBeam was created to deliver robust, high-performance wireless data services to a wide range of industries by leveraging broadcasters' uniquely efficient infrastructure and the transformative power of the ATSC 3.0 standard. As CEO, Clemson will lead the build-out of EdgeBeam's platform and operations, fulfilling the founders' shared vision for natio
NEW YORK and CINCINNATI, June 13, 2025 /PRNewswire/ -- The E.W. Scripps Company (NASDAQ:SSP) today announced a new, multi-year agreement with the Women's National Basketball Association (WNBA) to continue airing regular season Friday night matchups on ION – the league's Friday night national network home since 2023. ION, one of the most-watched networks on television, is available on pay TV, connected TV, free ad-supported streaming platforms and over-the-air in more than 128 million homes. This season, ION is broadcasting the most regular season games, 50 in total, as part of
GREENWICH, Conn., June 03, 2025 (GLOBE NEWSWIRE) -- Gabelli Funds will host its 17th Annual Media & Entertainment Symposium at the Harvard Club in New York City on Thursday, June 5, 2025. The symposium will feature discussions with leading companies and organizations across the media ecosystem, with an emphasis on industry dynamics, current trends, and business fundamentals, as well as Sports Investing, Media & Telecom Regulatory, and Advertising Panels. Attendees will also have the opportunity to meet with management in a one-on-one setting. The symposium will also be available via webcast. Due to popular demand and available capacity, those interested should contact their relationship pe
Veteran Technology Executive to Lead Next-Generation Wireless Venture Powered by ATSC 3.0 EdgeBeam Wireless, LLC, the joint venture launched by The E.W. Scripps Company, Gray Media, Nexstar Media Group, Inc., and Sinclair, Inc., is pleased to announce the appointment of Conrad Clemson as its Chief Executive Officer, effective immediately. EdgeBeam was created to deliver robust, high-performance wireless data services to a wide range of industries by leveraging broadcasters' uniquely efficient infrastructure and the transformative power of the ATSC 3.0 standard. As CEO, Clemson will lead the build-out of EdgeBeam's platform and operations, fulfilling the founders' shared vision for natio
ATLANTA, Jan. 07, 2025 (GLOBE NEWSWIRE) -- Four of the nation's largest independent local broadcasting groups have come together to form EdgeBeam Wireless, LLC, a joint venture created to provide robust wireless data services to a wide range of businesses and industries across the country. The E.W. Scripps Company, Gray Media, Inc., Nexstar Media Group, Inc., and Sinclair, Inc. launched the new company ahead of meetings this week at the Consumer Electronics Show in Las Vegas. Leveraging broadcasters' uniquely efficient network architecture and the ATSC 3.0 transmission standard, EdgeBeam Wireless will provide expansive, reliable, and secure data delivery services. Using the broadcasters
CINCINNATI, Dec. 16, 2024 /PRNewswire/ -- The E.W. Scripps Company (NASDAQ:SSP) is bringing aboard seasoned media executive Adam Harman to lead its programming strategy as senior vice president of programming, effective Dec. 16. Harman, who has over 20 years of experience in the media and entertainment landscape, will oversee the programming and content acquisition strategy for Scripps' portfolio of news and entertainment networks including ION, the No. 5 general entertainment network and Google TV's most-watched live TV channel of 2024. "As Scripps continues to evolve its con
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