---
schema_version: "secwatch.filing_event.v1"
accession: "0000832428-25-000009"
form_type: "8-K"
ticker: "SSP"
cik: "0000832428"
company_name: "E.W. SCRIPPS Co"
filed_at: "2025-03-12T23:59:59+00:00"
generated_at: "2026-05-24T22:56:07.872658+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Scripps Q4 revenue $728M (+18% YoY); record political ad; debt refinancing; leverage down to 4.8x

## Summary
- Q4 revenue $728M (+18% YoY); net income $80.3M ($0.92 per share) vs. prior-year loss of $268M.
- Political ad revenue hit record $174M (vs. $16.4M a year ago); core ad revenue fell 11% due to displacement.
- Executed transaction support agreement with majority of 2026/2028 term loan holders to extend maturities; new A/R securitization facility and revolver extension through July 2027.
- Net leverage improved to 4.8x from 5.7x year-end 2023; repaid $330M revolver balance during 2024.
- Q1 2025 guidance: Local Media revenue down high single-digit %; Networks revenue down mid-single-digit %.

## SEC filing metadata
- accession: 0000832428-25-000009
- form_type: 8-K
- ticker: SSP
- cik: 0000832428
- company_name: E.W. SCRIPPS Co
- filed_at: 2025-03-12T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- 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/832428/000083242825000009/0000832428-25-000009-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/832428/000083242825000009/ssp-20250311.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000832428-25-000009
- JSON: https://secwatch.observer/filing/0000832428-25-000009.json
- Plain text: https://secwatch.observer/filing/0000832428-25-000009.txt

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