---
schema_version: "secwatch.filing_event.v1"
accession: "0000832428-25-000046"
form_type: "8-K"
ticker: "SSP"
cik: "0000832428"
company_name: "E.W. SCRIPPS Co"
filed_at: "2025-08-08T23:59:59+00:00"
generated_at: "2026-05-17T16:55:02.814711+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Scripps Q2 revenue $540M, loss $0.59/sh; refinances $750M notes, swaps stations with Gray

## Summary
- Revenue $540M, down 5.8% YoY; loss attributable to shareholders $51.7M ($0.59/sh) vs $13M loss prior year.
- Local Media revenue $335M (-8.3%), core ad -1.9%; Networks revenue $206M (-1.4%) but segment profit jumped 48% to $55.9M.
- Closed $750M new 9.875% senior secured second-lien notes to retire 2027 notes, pay down debt; net leverage improved to 4.4x from 4.9x.
- Announced station swap with Gray Media across five mid-sized/small markets; WNBA renewal on ION; Q3 guidance: Local Media revenue down mid-to-high 20% range.
- No common dividend; preferred dividends unpaid cumulative $85.7M; next material maturity is 2028 term loan B-2.

## SEC filing metadata
- accession: 0000832428-25-000046
- form_type: 8-K
- ticker: SSP
- cik: 0000832428
- company_name: E.W. SCRIPPS Co
- filed_at: 2025-08-08T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- 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/832428/000083242825000046/0000832428-25-000046-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/832428/000083242825000046/ssp-20250807.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000832428-25-000046
- JSON: https://secwatch.observer/filing/0000832428-25-000046.json
- Plain text: https://secwatch.observer/filing/0000832428-25-000046.txt

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