---
schema_version: "secwatch.filing_event.v1"
accession: "0000832428-23-000024"
form_type: "8-K"
ticker: "SSP"
cik: "0000832428"
company_name: "E.W. SCRIPPS Co"
filed_at: "2023-08-04T23:59:59+00:00"
generated_at: "2026-06-12T06:45:32.058117+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Scripps Q2 revenue $583M; net loss $8.10/sh due to $686M goodwill impairment

## Summary
- Local Media revenue $352M (-1% YoY); distribution +14%, core ad -5.2%, political $3.8M.
- Networks revenue $231M (-3.2% YoY); CTV revenue up 18%, segment profit $60.3M vs $73.3M.
- Goodwill impairment of $686M in Networks; restructuring charge $8M; combined $8.01 per share hit.
- Increased revolver to $585M; used proceeds to repay $283M term loan B-1 due 2024.
- Q3 outlook: Local Media revenue down mid-single-digit; Networks revenue down ~10%.

## SEC filing metadata
- accession: 0000832428-23-000024
- form_type: 8-K
- ticker: SSP
- cik: 0000832428
- company_name: E.W. SCRIPPS Co
- filed_at: 2023-08-04T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01, 99.1
- EDGAR index: https://www.sec.gov/Archives/edgar/data/832428/000083242823000024/0000832428-23-000024-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/832428/000083242823000024/ssp-20230804.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000832428-23-000024
- JSON: https://secwatch.observer/filing/0000832428-23-000024.json
- Plain text: https://secwatch.observer/filing/0000832428-23-000024.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.