The E.W. Scripps Company SSP

Company Overview

The E.W. Scripps Company (NASDAQ: SSP) is a U.S.-based media enterprise focused on local television broadcasting, national news and entertainment networks, and free over-the-air television distribution. Founded in 1878 by Edward Willis Scripps as a newspaper company, Scripps evolved through decades of expansion into broadcasting, digital media, and television network operations. The company now operates primarily in the media and communications industry, with revenue generated from advertising, retransmission consent fees, political advertising, distribution agreements, and connected-TV advertising. Its operations are centered on local television stations and national broadcast networks targeting broad consumer audiences across news, sports, and entertainment categories.

Scripps’ principal business lines include its Local Media segment and Scripps Networks segment. The company owns and operates dozens of local television stations affiliated with major broadcast networks such as ABC, NBC, CBS, and FOX in medium and large U.S. markets. Through Scripps Networks, the company operates national brands including ION, Bounce, Court TV, Grit, Laff, Defy TV, and Scripps News. A strategic differentiator for Scripps has been its emphasis on free ad-supported television and multicast networks, positioning the company to benefit from cord-cutting trends and growth in free streaming television distribution.