Highest-materiality recent filing
Scripps Q2 loss $1.2B ($12.68/sh) on $1.1B impairment; revenue down 9.2%
Q2 revenue $490M, down 9.2% YoY; loss attributable $1.2B or $12.68/sh incl $1.1B non-cash impairment.
Scripps completes even-exchange station swap with Gray Media; adds 5 stations in Mountain West
Acquired KKTV (CBS) Colorado Springs, KKCO (NBC) & KJCT-LP (ABC) Grand Junction, CO; KMVT (CBS) & KSVT-LD (Fox) Twin Falls, ID from Gray.
Scripps Q1 revenue $517M (-1.4% YoY), loss $18M; transforms EBITDA target $125-150M by 2028
Loss attributable to shareholders $18M ($0.20 EPS) vs $18.8M loss ($0.22 EPS) in Q1 2025.
E.W. Scripps extends $200M revolver maturity to July 2029
Amendment extends $200M revolving credit facility maturity from July 2027 to July 2029.
Scripps closes WRTV sale for $83M; net $123M from two station sales for debt paydown and ION buyback
Combined with prior $40M WFTX sale, total cash proceeds of $123M used to reduce debt and repurchase 23 ION stations (~$54M).
Q4 2025 revenue $560M (-23% YoY); loss attributable to shareholders $44.9M ($0.51 per share) vs. income of $80.3M in prior-year quarter.
E.W. Scripps discloses board re-election plans and recommends new nominee
Directors Barmonde, Holcomb, and Granado are expected to stand for re-election at the 2026 Annual Meeting.
Scripps adopts one-year shareholder rights plan after receiving unsolicited acquisition proposal
Rights plan triggers if a party acquires 10% or more of Class A shares; existing holders can buy shares at 50% discount.
Scripps Q3 revenue $526M (-19% YoY), loss $0.55/share; station sales, refinancing
Revenue $526M, down 19% YoY; net loss $49M ($0.55) vs prior-year profit of $33M ($0.37).
Scripps Q2 revenue $540M, loss $0.59/sh; refinances $750M notes, swaps stations with Gray
Revenue $540M, down 5.8% YoY; loss attributable to shareholders $51.7M ($0.59/sh) vs $13M loss prior year.
Issued $750M aggregate principal of 9.875% senior secured second lien notes due August 15, 2030; interest semi-annual.
Scripps prices $750M 9.875% senior secured notes due 2030, upsized by $100M
Offering upsized to $750M (originally $650M) of 9.875% senior secured second lien notes due 2030.
Scripps offers $650M notes; preliminary Q2 net loss up to $38.4M, revenue down ~6%
Preliminary Q2 2025 net loss $33.6M-$38.4M vs prior year income $1.4M; revenue $538.5M-$541.7M from $573.6M.
Scripps and Gray Media swap TV stations in five markets; no cash consideration
Scripps acquires Gray's KKTV (CBS) Colorado Springs, KKCO (NBC)/KJCT-LP (ABC) Grand Junction, KMVT (CBS)/KSVT-LD (Fox) Twin Falls.
Scripps Q1 revenue down 6.6% to $524M; net loss of $18.8M, $0.22 EPS
Local Media revenue fell 7.8% to $325M; segment profit $34.9M vs $65.6M a year ago.
E.W. Scripps sells West Palm Beach station building for $40M, signs 2.5-year leaseback at $2.5M/yr.
Sale completed to 1100 Banyan LLC for $40M cash consideration on April 30, 2025.
Scripps completes $1.2B refinancing, extends maturities on term loans and revolver
Refinanced $110.8M of B-2 term loans into new B-2 loans due 2028; repaid remaining $608.5M with cash and new A/R securitization proceeds.
E.W. Scripps files investor presentation with no new financial data
Filing refers to investor presentation materials but exhibit only shows title and safe harbor slides.
Scripps Q4 revenue $728M (+18% YoY); record political ad; debt refinancing; leverage down to 4.8x
Q4 revenue $728M (+18% YoY); net income $80.3M ($0.92 per share) vs. prior-year loss of $268M.
Scripps refinances up to $1.3B in term loans; new $450M A/R facility and $208M revolver
Lenders holding >70% of term loans support exchange; existing B-2 loans due May 2026 will be fully repaid or exchanged for new B-2 due June 2028.
E.W. Scripps sells San Diego tower sites to K2 Towers for $20M cash
Sale of San Diego tower sites completed on December 30, 2024 for $20 million cash.
E.W. Scripps posts investor presentation; no material data in filing
Company furnished investor slide deck on its website as of Dec 2, 2024.
Scripps Q3 record revenue $646M, political $125M, EPS $0.37 vs -$0.19 loss; debt paydown $115M
Q3 revenue record $646M (+14% YoY); net income $33M ($0.37 EPS) vs prior-year loss $16.2M (-$0.19).
Scripps News president O'Brian to leave as 24/7 network winds down, over 200 jobs cut
Kate O'Brian, President of Scripps News, to leave at year-end; eligible for severance per executive plan.
E.W. Scripps eliminates COO role; Lisa Knutson to depart at year-end 2024
COO role held by Lisa Knutson eliminated effective year-end 2024.
Scripps Q2 revenue $574M, loss $0.15/sh; raises 2024 political ad outlook to $270-290M
Revenue $574M (-1.6% YoY); net loss $13M ($0.15/sh) vs loss $682M ($8.10/sh) in prior year (includes goodwill impairment in prior year).
Scripps appoints Dave Giles as CLO, Tamera Hylton as Chief Ethics Officer
Dave Giles named chief legal officer effective immediately, replacing retiring Bill Appleton.
Q1 net loss $12.8M ($0.15/share) vs loss $31.1M ($0.37) a year ago; adjusted per-share impact of investment gain and restructuring.
Scripps nominates Nishat Mehta to board; Lauren Rich Fine to step down at May meeting
Nishat Mehta nominated as Class A director; stands for election at May 6, 2024 annual meeting.
Scripps reports Q4 loss of $3.17/share on $616M revenue; $266M goodwill impairment
Q4 net loss $268M ($3.17/sh); $266M goodwill impairment & $9.4M restructuring charges.
E.W. Scripps to skip Q1 2024 preferred dividend to accelerate deleveraging
Skipped Q1 2024 dividend on 6,000 shares of Series A preferred (face value $100k each); dividend rate increases to 9% from 8%.
Scripps reports Q3 net loss of $16.2M; revenue falls 7.4% to $567M
Revenue $567M (-7.4% YoY); net loss $16.2M ($0.19 EPS) vs net income $33.7M ($0.38 EPS) in Q3 2022.
Scripps Q2 revenue $583M; net loss $8.10/sh due to $686M goodwill impairment
Local Media revenue $352M (-1% YoY); distribution +14%, core ad -5.2%, political $3.8M.
Scripps reports Q1 loss of $31.1M; revenue down 6.7% to $528M
Net loss $31.1M ($0.37/share) vs prior-year profit $9.8M; restructuring added $0.15/share.
Scripps Q4 revenue up 9.4% to $681M; segment profit jumps 21%; restructuring for $40M savings
Q4 net income $73M ($0.84/share) vs $40.2M ($0.43) a year ago; political revenue $106M vs $11M.
Scripps appoints new COO, sports and news presidents; two directors retiring
Directors Anne M. La Dow and R. Michael Scagliotti retiring, will not stand for re-election at May annual meeting.
Scripps Q3 revenue up 10% to $612M, EPS $0.38; cuts FCF guidance to ~$320M
Revenue $612M (+10% YoY); segment profit $145M (+13%). Net income $33.7M ($0.38 EPS) vs $45.8M ($0.49) prior year.
Scripps Q2 revenue $594M (+5.2%); political ad record $24M; net income $29.2M
Q2 revenue $594M, up 5.2% YoY; net income $29.2M ($0.32/share) vs prior-year loss of $11.4M.
Scripps extends CEO Adam Symson's contract to 2027 with $1.275M salary and $8M one-time grant
New employment agreement with CEO Adam Symson runs through Dec 31, 2027; replaces prior three-year contract.
Scripps Q1 revenue $566M (+4.6%), net income $9.8M; guides FCF $400-450M, political ad $270M
Q1 revenue $566M (+4.6% YoY); segment profit $115M; net income $9.8M ($0.10 EPS) vs. loss of $0.10 last year.
Director Wonya Y. Lucas will not stand for re-election at Scripps' 2022 annual meeting.
Wonya Y. Lucas, director since 2019, informed the board on Feb 22, 2022 she will not seek re-election.
Scripps Q4 2021: Revenue $622M, EPS $0.43; 2021 FCF $280M; 2022 political rev ~$270M
Q4 2021 revenue $622M (+5.3% YoY); income from continuing ops $40.2M, diluted EPS $0.43.
Scripps Q3 revenue $555M (+13% YoY), core ad up 18%; raises FCF guidance to $255-265M
Q3 revenue $555M (+13% YoY); core advertising revenue up 18% adjusted combined in Local Media and Scripps Networks.
Scripps beats Q2 expectations; raises 2021 free cash flow guidance to $240-260M
Q2 revenue $565M (+57% YoY as-reported, +23% same-station); Local Media core ad up 48% adj.-combined.
Coinciding with this decision, Kate O’Brian, President, Scripps News, will be leaving the Company at the end of the year.
the role of Chief Operating Officer, currently held by Lisa Knutson, will be eliminated at the end of the year.
On February 16, 2023, the Board of Directors of the Company elected Lisa Knutson to the position of Chief Operating Officer and Brian Lawlor to the position of President, Scripps Sports.
Anne M. La Dow and R. Michael Scagliotti informed The E.W. Scripps Company (the “Company”) by letter on February 10, 2023 that they are retiring from the Board of Directors and will not stand for re-election at the annual meeting of shareholders in May.
On February 16, 2023, the Board of Directors of the Company elected Lisa Knutson to the position of Chief Operating Officer and Brian Lawlor to the position of President, Scripps Sports.
Anne M. La Dow and R. Michael Scagliotti informed The E.W. Scripps Company (the “Company”) by letter on February 10, 2023 that they are retiring from the Board of Directors and will not stand for re-election at the annual meeting of shareholders in May.
On February 22, 2022, Ms. Wonya Y. Lucas, a director of The E.W. Scripps Company ("Scripps") since 2019, informed the Board of Directors (the "Board") that she will not stand for re-election to the Board at Scripps' 2022 Annual Meeting of Shareholders.
Max materiality 0.85 · Median 0.70 · Most common event earnings