E W Scripps (SSP)
Market Price (9/12/2026): $3.175 | Market Cap: $292.4 MilSector: Communication Services | Industry: Broadcasting
E W Scripps (SSP)
Market Price (9/12/2026): $3.175Market Cap: $292.4 MilSector: Communication ServicesIndustry: Broadcasting
Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.
Attractive yieldFCF Yield is 12% Megatrend and thematic driversMegatrends include Digital Content & Streaming, and Digital Advertising. Themes include Video Streaming, and Ad-Tech Platforms. | Weak multi-year price returns3Y Excs Rtn is -120% | Debt is significantNet D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is 890% Weak revenue growthRev Chg LTMRevenue Change % Last Twelve Months (LTM) is -14%, Rev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is -4.2%, Rev Chg QQuarterly Revenue Change % is -9.2% Yield minus risk free rate is negativeERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -422% Key risksSSP key risks include [1] a significant debt burden and high financial leverage creating potential distress and [2] major revenue volatility from its heavy reliance on cyclical political advertising. |
| Attractive yieldFCF Yield is 12% |
| Megatrend and thematic driversMegatrends include Digital Content & Streaming, and Digital Advertising. Themes include Video Streaming, and Ad-Tech Platforms. |
| Weak multi-year price returns3Y Excs Rtn is -120% |
| Debt is significantNet D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is 890% |
| Weak revenue growthRev Chg LTMRevenue Change % Last Twelve Months (LTM) is -14%, Rev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is -4.2%, Rev Chg QQuarterly Revenue Change % is -9.2% |
| Yield minus risk free rate is negativeERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -422% |
| Key risksSSP key risks include [1] a significant debt burden and high financial leverage creating potential distress and [2] major revenue volatility from its heavy reliance on cyclical political advertising. |
Qualitative Assessment
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Updated on 9/1/2026
E W Scripps (SSP) stock has lost about 5% since 5/31/2026 because of the following key factors:
1. A substantial non-cash impairment charge led to a significant net loss.
E.W. Scripps reported a net loss of $1.17 billion, or $12.68 per share, for fiscal Q2 2026, primarily due to a non-cash impairment charge of $1.14 billion on goodwill and other intangible assets in its Scripps Networks reporting unit. This charge reflected lower expected cash flows amid advertising and ratings pressures in the national media market.
2. The company missed revenue and adjusted EBITDA expectations.
Operating revenues for fiscal Q2 2026 were $490.4 million, falling 9.2% year-over-year and missing analyst estimates by 3.4%. Adjusted EBITDA also missed estimates by 16.5%. This revenue decline was largely driven by a challenging national advertising market, a decrease in traditional linear viewing, and changes in Nielsen's measurement methodology.
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E W Scripps (SSP) stock has lost about 5% since 5/31/2026 because of the following key factors:
1. A substantial non-cash impairment charge led to a significant net loss.
E.W. Scripps reported a net loss of $1.17 billion, or $12.68 per share, for fiscal Q2 2026, primarily due to a non-cash impairment charge of $1.14 billion on goodwill and other intangible assets in its Scripps Networks reporting unit. This charge reflected lower expected cash flows amid advertising and ratings pressures in the national media market.
2. The company missed revenue and adjusted EBITDA expectations.
Operating revenues for fiscal Q2 2026 were $490.4 million, falling 9.2% year-over-year and missing analyst estimates by 3.4%. Adjusted EBITDA also missed estimates by 16.5%. This revenue decline was largely driven by a challenging national advertising market, a decrease in traditional linear viewing, and changes in Nielsen's measurement methodology.
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Updated on 9/1/2026
E W Scripps (SSP) stock has lost about 5% since 5/31/2026 because of the following key factors:
1. A substantial non-cash impairment charge led to a significant net loss.
E.W. Scripps reported a net loss of $1.17 billion, or $12.68 per share, for fiscal Q2 2026, primarily due to a non-cash impairment charge of $1.14 billion on goodwill and other intangible assets in its Scripps Networks reporting unit. This charge reflected lower expected cash flows amid advertising and ratings pressures in the national media market.
2. The company missed revenue and adjusted EBITDA expectations.
Operating revenues for fiscal Q2 2026 were $490.4 million, falling 9.2% year-over-year and missing analyst estimates by 3.4%. Adjusted EBITDA also missed estimates by 16.5%. This revenue decline was largely driven by a challenging national advertising market, a decrease in traditional linear viewing, and changes in Nielsen's measurement methodology.
3. Retransmission consent disputes negatively impacted revenue.
During fiscal Q2 2026, two retransmission consent negotiations resulted in the temporary removal of Scripps stations by distributors, which negatively affected core advertising and distribution revenue. This specifically reduced Q2 distribution revenue by $26.7 million.
4. High leverage and declining equity raised financial concerns.
As of June 30, 2026, E.W. Scripps carried nearly $2.5 billion in long-term debt. The impairment charge significantly reduced total equity to $100.7 million from $1.25 billion at the end of 2025, and the net leverage ratio increased to 4.9 times from 4.4 times in fiscal Q1 2026. The existence of preferred stock with $150 million in undeclared cumulative dividends also restricts the company from paying common dividends or repurchasing common shares.
5. Analysts reacted with mixed sentiment and reduced price targets.
Following the Q2 2026 earnings report, several analysts reiterated or downgraded their ratings and lowered price targets for SSP. For instance, Wells Fargo & Company decreased its price objective from $4.70 to $3.80, and Benchmark reduced its target price from $10.00 to $8.00. Wall Street Zen also downgraded the stock from a "hold" to a "sell" rating.
Show less
E W Scripps (SSP) stock has lost about 5% since 5/31/2026 because of the following key factors:
1. A substantial non-cash impairment charge led to a significant net loss.
E.W. Scripps reported a net loss of $1.17 billion, or $12.68 per share, for fiscal Q2 2026, primarily due to a non-cash impairment charge of $1.14 billion on goodwill and other intangible assets in its Scripps Networks reporting unit. This charge reflected lower expected cash flows amid advertising and ratings pressures in the national media market.
2. The company missed revenue and adjusted EBITDA expectations.
Operating revenues for fiscal Q2 2026 were $490.4 million, falling 9.2% year-over-year and missing analyst estimates by 3.4%. Adjusted EBITDA also missed estimates by 16.5%. This revenue decline was largely driven by a challenging national advertising market, a decrease in traditional linear viewing, and changes in Nielsen's measurement methodology.
3. Retransmission consent disputes negatively impacted revenue.
During fiscal Q2 2026, two retransmission consent negotiations resulted in the temporary removal of Scripps stations by distributors, which negatively affected core advertising and distribution revenue. This specifically reduced Q2 distribution revenue by $26.7 million.
4. High leverage and declining equity raised financial concerns.
As of June 30, 2026, E.W. Scripps carried nearly $2.5 billion in long-term debt. The impairment charge significantly reduced total equity to $100.7 million from $1.25 billion at the end of 2025, and the net leverage ratio increased to 4.9 times from 4.4 times in fiscal Q1 2026. The existence of preferred stock with $150 million in undeclared cumulative dividends also restricts the company from paying common dividends or repurchasing common shares.
5. Analysts reacted with mixed sentiment and reduced price targets.
Following the Q2 2026 earnings report, several analysts reiterated or downgraded their ratings and lowered price targets for SSP. For instance, Wells Fargo & Company decreased its price objective from $4.70 to $3.80, and Benchmark reduced its target price from $10.00 to $8.00. Wall Street Zen also downgraded the stock from a "hold" to a "sell" rating.
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Stock Movement Drivers
Fundamental Drivers
The -6.8% change in SSP stock from 5/31/2026 to 9/11/2026 was primarily driven by a -2.5% change in the company's Shares Outstanding (Mil).| (LTM values as of) | 5312026 | 9112026 | Change |
|---|---|---|---|
| Stock Price ($) | 3.39 | 3.16 | -6.8% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 2,143 | 2,093 | -2.3% |
| P/S Multiple | 0.1 | 0.1 | -2.1% |
| Shares Outstanding (Mil) | 90 | 92 | -2.5% |
| Cumulative Contribution | -6.8% |
Market Drivers
5/31/2026 to 9/11/2026| Return | Correlation | |
|---|---|---|
| SSP | -6.8% | |
| Market (SPY) | 1.0% | 8.8% |
| Sector (XLC) | -2.7% | 37.1% |
Fundamental Drivers
The -23.9% change in SSP stock from 2/28/2026 to 9/11/2026 was primarily driven by a -18.9% change in the company's P/S Multiple.| (LTM values as of) | 2282026 | 9112026 | Change |
|---|---|---|---|
| Stock Price ($) | 4.15 | 3.16 | -23.9% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 2,151 | 2,093 | -2.7% |
| P/S Multiple | 0.2 | 0.1 | -18.9% |
| Shares Outstanding (Mil) | 89 | 92 | -3.6% |
| Cumulative Contribution | -23.9% |
Market Drivers
2/28/2026 to 9/11/2026| Return | Correlation | |
|---|---|---|
| SSP | -23.9% | |
| Market (SPY) | 11.7% | 15.6% |
| Sector (XLC) | -4.3% | 36.3% |
Fundamental Drivers
The 5.7% change in SSP stock from 8/31/2025 to 9/11/2026 was primarily driven by a 29.0% change in the company's P/S Multiple.| (LTM values as of) | 8312025 | 9112026 | Change |
|---|---|---|---|
| Stock Price ($) | 2.99 | 3.16 | 5.7% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 2,439 | 2,093 | -14.2% |
| P/S Multiple | 0.1 | 0.1 | 29.0% |
| Shares Outstanding (Mil) | 88 | 92 | -4.5% |
| Cumulative Contribution | 5.7% |
Market Drivers
8/31/2025 to 9/11/2026| Return | Correlation | |
|---|---|---|
| SSP | 5.7% | |
| Market (SPY) | 19.5% | 13.4% |
| Sector (XLC) | 2.1% | 27.4% |
Fundamental Drivers
The -58.6% change in SSP stock from 8/31/2023 to 9/11/2026 was primarily driven by a -48.1% change in the company's P/S Multiple.| (LTM values as of) | 8312023 | 9112026 | Change |
|---|---|---|---|
| Stock Price ($) | 7.64 | 3.16 | -58.6% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 2,404 | 2,093 | -12.9% |
| P/S Multiple | 0.3 | 0.1 | -48.1% |
| Shares Outstanding (Mil) | 84 | 92 | -8.5% |
| Cumulative Contribution | -58.6% |
Market Drivers
8/31/2023 to 9/11/2026| Return | Correlation | |
|---|---|---|
| SSP | -58.6% | |
| Market (SPY) | 75.7% | 22.9% |
| Sector (XLC) | 71.5% | 25.8% |
Price Returns Compared
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| SSP Return | 27% | -32% | -39% | -72% | 81% | -22% | -80% |
| Peers Return | 17% | -39% | -12% | -18% | 78% | 1% | -6% |
| S&P 500 Return | 27% | -19% | 24% | 23% | 16% | 11% | 102% |
Monthly Win Rates [3] | |||||||
| SSP Win Rate | 42% | 50% | 42% | 42% | 42% | 44% | |
| Peers Win Rate | 53% | 42% | 43% | 52% | 63% | 49% | |
| S&P 500 Win Rate | 75% | 42% | 67% | 75% | 67% | 44% | |
Max Drawdowns [4] | |||||||
| SSP Max Drawdown | -33% | -56% | -68% | -81% | -51% | -49% | |
| Peers Max Drawdown | -34% | -51% | -49% | -51% | -35% | -33% | |
| S&P 500 Max Drawdown | -5% | -25% | -10% | -8% | -19% | -9% | |
[1] Cumulative total returns since the beginning of 2021
[2] Peers: GTN, IHRT, WBD, FOXA, SIRI. See SSP Returns vs. Peers.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 9/11/2026 (YTD)
How Low Can It Go
| Event | SSP | S&P 500 |
|---|---|---|
| 2025 US Tariff Shock | ||
| % Loss | -20.3% | -18.8% |
| % Gain to Breakeven | 25.5% | 23.1% |
| Time to Breakeven | 2 days | 79 days |
| 2024 Yen Carry Trade Unwind | ||
| % Loss | -28.3% | -7.8% |
| % Gain to Breakeven | 39.5% | 8.5% |
| Time to Breakeven | 64 days | 18 days |
| 2020 COVID-19 Crash | ||
| % Loss | -60.1% | -33.7% |
| % Gain to Breakeven | 150.8% | 50.9% |
| Time to Breakeven | 245 days | 140 days |
| 2016-2017 Trump Reflation Bond Selloff | ||
| % Loss | -19.7% | -3.7% |
| % Gain to Breakeven | 24.5% | 3.9% |
| Time to Breakeven | 10 days | 6 days |
| 2015-2016 China Devaluation / Global Growth Scare | ||
| % Loss | -18.6% | -12.2% |
| % Gain to Breakeven | 22.8% | 13.9% |
| Time to Breakeven | 24 days | 62 days |
| 2014-2016 Oil Price Collapse | ||
| % Loss | -19.1% | -6.8% |
| % Gain to Breakeven | 23.6% | 7.3% |
| Time to Breakeven | 20 days | 15 days |
In The Past
E W Scripps's stock fell -20.3% during the 2025 US Tariff Shock. Such a loss loss requires a 25.5% gain to breakeven.
Preserve Wealth
Limiting losses and compounding gains is essential to preserving wealth.
Asset Allocation
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| Event | SSP | S&P 500 |
|---|---|---|
| 2025 US Tariff Shock | ||
| % Loss | -20.3% | -18.8% |
| % Gain to Breakeven | 25.5% | 23.1% |
| Time to Breakeven | 2 days | 79 days |
| 2024 Yen Carry Trade Unwind | ||
| % Loss | -28.3% | -7.8% |
| % Gain to Breakeven | 39.5% | 8.5% |
| Time to Breakeven | 64 days | 18 days |
| 2020 COVID-19 Crash | ||
| % Loss | -60.1% | -33.7% |
| % Gain to Breakeven | 150.8% | 50.9% |
| Time to Breakeven | 245 days | 140 days |
| 2011 US Debt Ceiling Crisis & European Contagion | ||
| % Loss | -26.2% | -17.9% |
| % Gain to Breakeven | 35.4% | 21.8% |
| Time to Breakeven | 32 days | 123 days |
| 2010 Eurozone Sovereign Debt Crisis / Flash Crash | ||
| % Loss | -32.3% | -15.4% |
| % Gain to Breakeven | 47.7% | 18.2% |
| Time to Breakeven | 154 days | 125 days |
| 2008-2009 Global Financial Crisis | ||
| % Loss | -92.9% | -53.4% |
| % Gain to Breakeven | 1309.1% | 114.4% |
| Time to Breakeven | 408 days | 1085 days |
In The Past
E W Scripps's stock fell -20.3% during the 2025 US Tariff Shock. Such a loss loss requires a 25.5% gain to breakeven.
Preserve Wealth
Limiting losses and compounding gains is essential to preserving wealth.
Asset Allocation
Actively managed asset allocation strategies protect wealth. Learn more.
About E W Scripps (SSP)
The E.W. Scripps Company (SSP) is a prominent media enterprise that operates a portfolio of local and national media brands. At its core, Scripps manages an extensive Local Media segment, which includes 61 broadcast television stations across the United States. These stations are responsible for producing local news, information, and entertainment content, while also broadcasting network, syndicated, and original programming. This segment extends its reach through related digital operations.
In addition to its local footprint, Scripps operates a significant Scripps Network segment comprising national television networks. Key offerings include ION, a national broadcast network known for its popular crime and justice procedural programming, and Newsy, a national news network covering a broad range of topics from politics to technology. These networks are distributed across over-the-air broadcast, cable/satellite, and connected TV platforms. The company further provides content and services via digital channels such as the internet, smartphones, and tablets, and notably manages the Scripps National Spelling Bee. Its primary customers are audiences seeking news and entertainment, and businesses utilizing its platforms for advertising.
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Here are 1-3 brief analogies for The E.W. Scripps Company (SSP):
- Think of it as a smaller version of Paramount Global (formerly ViacomCBS), operating both local broadcast TV stations and national niche television networks like ION and Newsy.
- It's similar to Nexstar Media Group, a major owner of local TV stations, but with the added portfolio of its own national broadcast and digital networks.
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- Local Broadcast Television Stations: The company operates broadcast television stations that produce and deliver local news, information, and entertainment content, including original and syndicated programming, through traditional and digital platforms.
- National Television Networks: A portfolio of national networks, such as ION and Newsy, offering diverse content from crime and justice procedural programming to national news, distributed across over-the-air, cable/satellite, and connected TV platforms.
- Scripps National Spelling Bee: An annual national academic competition focused on spelling, which has become a well-known event.
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Major Customers of The E.W. Scripps Company (SSP)
The E.W. Scripps Company primarily sells to other businesses. Its major customers fall into the following categories:- Advertisers: Businesses (both national and local) that purchase advertising slots and sponsorships across Scripps' portfolio of local broadcast television stations and national networks (such as ION and Newsy) to reach their target audiences. Due to the diverse and constantly changing nature of advertising clients, specific major customer names are not typically disclosed or stable enough to list definitively.
-
Cable, Satellite, and Streaming Television Providers: These companies pay retransmission fees for Scripps' local broadcast stations and carriage fees for its national networks to include them in their service offerings for subscribers. Major public companies in this category include:
- Comcast Corporation (CMCSA)
- Charter Communications, Inc. (CHTR)
- DISH Network Corporation (DISH)
- Verizon Communications Inc. (VZ)
- AT&T Inc. (T) (for services like DirecTV, where applicable)
- Alphabet Inc. (GOOGL) (for YouTube TV)
- The Walt Disney Company (DIS) (for Hulu Live TV)
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Adam Symson, President and Chief Executive Officer
Adam Symson has served as President and CEO of The E.W. Scripps Company since August 2017. He joined Scripps in 2002 as an investigative producer at KNXV-Phoenix, a Scripps-owned ABC affiliate. Prior to becoming CEO, he held roles including chief operating officer, chief digital officer, and director of content and marketing for the Scripps interactive media division. Symson led the acquisition of ION Media in 2021, creating a new national broadcast television network division, and launched Scripps Sports in December 2022. He has overseen the expansion of the company's local television station holdings and divested digital audio assets. Before his tenure at Scripps, Symson worked as an investigative journalist for various news outlets, including WBBM in Chicago, KCBS, KNBC, and KCAL in Los Angeles, and as an independent producer for CBS News and NBC News. He earned a bachelor's degree in communications from UCLA.
Jason Combs, Chief Financial Officer
Jason Combs was appointed Chief Financial Officer of The E.W. Scripps Company in December 2020, with his appointment becoming effective upon the close of the company's acquisition of ION Media. Before this, he served as Scripps' vice president of financial planning and analysis, a role he took on in 2015. Prior to joining Scripps, Combs spent 14 years at Convergys Corp., where he held various finance and treasury positions and played a significant financial role in several acquisitions. His earlier career included positions as a financial analyst at Cincinnati Milacron and a treasury analyst at Gibson Greetings. Combs holds both bachelor's and master's degrees from Xavier University.
Brian A. Lawlor, President of Local Media
Brian A. Lawlor has served as President of Local Media at The E.W. Scripps Company since August 2017.
Laura Tomlin, Senior Vice President of National Media
Laura Tomlin has served as Senior Vice President of National Media at The E.W. Scripps Company since August 2017.
Carolyn Micheli, SVP, Corporate Communications & Investor Relations
Carolyn Micheli serves as Senior Vice President, Corporate Communications & Investor Relations for The E.W. Scripps Company.
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The E.W. Scripps Company (SSP) faces several key risks inherent to the evolving media landscape and its financial structure. The most significant include its substantial debt burden, the ongoing shift of audiences and advertising revenue from traditional broadcast to digital platforms, and intense competition from Big Tech and streaming services.
- High Debt Load and Financial Leverage: The E.W. Scripps Company operates with a highly leveraged balance sheet, carrying approximately $2.65 billion in total debt and $2.59 billion in net debt as of September 2025. This heavy reliance on debt financing, reflected in a debt-to-equity ratio of around 2.2 in November 2025, amplifies the inherent volatility of the broadcasting business and can limit the company's financial flexibility, especially during periods of operational challenges.
- Declining Traditional TV Viewership and Advertising Revenue: The broadcast television industry is experiencing an "existential crisis" due to a fundamental shift in consumer habits. Viewership has increasingly moved to streaming services, while advertisers are migrating to more targeted digital platforms. This trend is rapidly eroding historically reliable revenue streams, such as traditional advertising and retransmission fees, as pay TV penetration continues to plummet. This poses a significant threat to E.W. Scripps' core local and national broadcast media segments.
- Intense Competition and Platform Dependency on Big Tech/Streaming Services: E.W. Scripps faces significant competition from large technology companies (like Google and Facebook) and streaming platforms (such as YouTube, Netflix, and Amazon Prime Video). These digital giants divert advertising revenue, control access to online audiences, and can dictate terms for content distribution and monetization. This increasing platform dependency and competitive pressure challenge traditional broadcasters' ability to maintain market share, reach audiences directly, and effectively monetize their content.
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The rapid proliferation and growing consumer adoption of Free Ad-supported Streaming TV (FAST) channels and other over-the-top (OTT) streaming services. This shift directly competes for viewership and advertising revenue with E W Scripps' broadcast television stations and national networks, which rely on traditional distribution methods like over-the-air broadcast and pay TV platforms.
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The E.W. Scripps Company (SSP) operates in various media segments, primarily generating revenue through advertising and retransmission fees. The addressable markets for their main products and services in the U.S. are sized as follows:
* Local Media Advertising (U.S.): The U.S. local TV advertising market, encompassing linear TV, digital TV, and Connected TV (CTV)/Over-the-Top (OTT), is projected to reach approximately $21 billion in 2025, excluding political advertising. Specifically, local TV advertising is forecast at $17.27 billion in 2025. Local CTV/OTT ad spending is expected to grow to $2.8 billion in 2025.
* Retransmission Fees (U.S.): The total retransmission fee revenue for U.S. local TV stations is projected to be around $15.576 billion in 2025. In 2023, local stations were expected to receive $15.1 billion in retransmission consent fees.
* National Broadcast TV Advertising (U.S.): The U.S. broadcast TV advertising market is experiencing a structural decline, with a forecast of $48.4 billion for 2028. The broader U.S. television advertising market (which includes national advertising) was valued at $60.79 billion in 2024 and is projected to reach approximately $93.29 billion by 2034.
* Connected TV (CTV) / Streaming TV Advertising (U.S.): Connected TV (CTV) ad spending in the U.S. is projected to exceed $33 billion in 2025 and is expected to grow to nearly $47 billion by 2028. The U.S. streaming market overall is anticipated to approach $17 billion in advertising revenue in 2025.
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Expected Drivers of Future Revenue Growth for E.W. Scripps (SSP)
- Political Advertising Revenue in Midterm Election Cycle (2026): The 2026 midterm election year is projected to generate record-setting spending, with broadcast television expected to capture a significant portion of the total political advertising market. E.W. Scripps, which generated over $200 million in political revenue during the 2022 midterms, is well-positioned to capitalize on this high-margin revenue, especially with competitive election outlooks in several states where it has a strong presence.
- Expansion of Scripps Sports Partnerships and Live Sports Programming: Scripps has strategically expanded its portfolio of local and national sports rights, including agreements for the WNBA, National Women's Soccer League (NWSL), and NHL teams. These partnerships are crucial for driving core advertising revenue in the Local Media division and doubling revenue for events like the WNBA on ION. The continued disciplined expansion into sports rights is expected to fuel organic growth in both local core and national advertising revenue.
- Growth in Connected TV (CTV) Revenue: The Scripps Networks division is actively leveraging its broad distribution on streaming platforms to grow Connected TV (CTV) revenue. CTV revenue has demonstrated significant year-over-year growth, with projections for continued double-digit expansion, playing a vital role in offsetting softness in traditional linear television viewership.
- Retransmission Consent Revenue from Contract Renewals: Retransmission consent fees from cable and satellite TV providers remain a substantial revenue stream for E.W. Scripps' Local Media segment. A significant portion of the company's pay TV households (approximately 75%) are up for renewal in 2026, indicating opportunities for continued revenue growth and margin expansion through renegotiated carriage agreements.
- Transformation Plan and Operational Efficiency through Technology: E.W. Scripps has launched an enterprise-wide transformation plan aimed at increasing annualized enterprise EBITDA by $125 million to $150 million by 2028. This plan involves both cost savings and revenue growth initiatives that will leverage advanced technologies, including Artificial Intelligence (AI) and automation, to maximize revenue yield from existing businesses. Financial benefits from this transformation are expected to begin flowing in during the latter half of 2026.
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Share Repurchases
- No significant share repurchases were noted in the last twelve months (LTM).
- As of December 31, 2025, the presence of $600 million of 9% preferred shares restricts common share dividends and buybacks.
Share Issuance
- In 2025, the company refinanced its capital structure by issuing $750 million of 2030 senior secured second lien notes.
- The company's total debt as of December 31, 2025, included $600 million of 9% preferred shares.
- In November 2025, Scripps adopted a shareholder rights plan, declaring a dividend of one right per share, exercisable at $2.19, designed to activate if a person or group acquires 10% or more of the outstanding Class A Common Shares.
Outbound Investments
- The company exercised options to re-acquire 23 ION-affiliated stations for an aggregate purchase price of approximately $54 million.
- E.W. Scripps acquired WTVQ, an ABC affiliate television station in Lexington, Kentucky, for $15.8 million in a move to create a duopoly in that market.
- The company made a $12.8 million investment for a 25% stake in EdgeBeam Wireless, a data-delivery joint venture with major broadcasters.
Capital Expenditures
- Expected capital expenditures for 2026 are projected to be between $60 million and $70 million.
- Anticipated capital expenditures for 2025 were $70 million to $80 million, which included one-time costs for building a new station facility and reconfiguring office spaces to consolidate the company's footprint.
- The primary focus of capital expenditures includes leveraging centralized production and exploring the use of AI to support local operations.
Peer Outperformance in Broadcasting
SSP has trailed 71% of its 14 Broadcasting peers over 5Y. Among the peers that beat it are WBD and SIRI. Broadcasting ranks 7th of 9 industries in Communication Services by median 5Y return. The sector’s gains have largely come from elsewhere.
Share of Broadcasting constituents that SSP has outperformed, by holding period. Peers without a full price history over a given window are excluded from that window.
1Y
63%
of 16 industry peers · 8.6% return
3Y
14%
of 14 industry peers · -52.4% return
5Y
29%
of 14 industry peers · -80.6% return
Broadcasting peers with revenue growth within 4pp of SSP's that beat it on at least 2 of 3 windows, and by at least 20pp over 5Y. Growth is matched by construction, so the gap is largely a re-rating gap. The multiple column is the context for it.
| Ticker | Name | Rev Growth 3Y Avg | P/E | 1Y | 3Y | 5Y | 5Y Gap |
|---|---|---|---|---|---|---|---|
| SSP | E W Scripps | -4.2% | -0.2x | 8.6% | -52.4% | -80.6% | — |
| WBD | Warner Bros. Discovery | -4.8% | -22.2x | 73.4% | 147.5% | 7.2% | +88pp |
| SIRI | Sirius XM | -1.3% | 11.2x | 28.0% | -30.0% | -46.4% | +34pp |
Price returns, excluding dividends. P/E shown for context only and not used for matching.
Median price return by industry across the Communication Services sector, ranked by 5Y. Broadcasting is SSP's own industry. Use this to see which corners of the sector have carried the returns.
| Industry | Names | 1Y med | 3Y med | 5Y med | Top 3 by 5Y |
|---|---|---|---|---|---|
| Wireless Telecommunication Services | 3 | -12.2% | 36.9% | 46.6% | ECHO 266% · TMUS 47% · SHEN -58% |
| Publishing | 5 | 20.2% | -6.4% | 20.4% | NWSA 41% · NYT 40% · SCHL 20% |
| Integrated Telecommunication Services | 21 | -12.4% | 9.5% | -13.8% | IQST 1420% · AD 166% · TDS 122% |
| Movies & Entertainment | 23 | -2.2% | 70.0% | -20.9% | IMAX 239% · MSGS 135% · CNK 113% |
| Alternative Carriers | 4 | 27.8% | 20.8% | -36.2% | IRDM 7% · UNIT -36% · LUMN -37% |
| Advertising | 18 | -15.4% | -13.0% | -58.7% | APP 319% · EVC 57% · OMC 32% |
| Broadcasting ← | 15 | -8.6% | -17.7% | -68.6% | FOXA 95% · NXST 41% · WBD 7% |
| Interactive Media & Services | 30 | -24.2% | -36.5% | -72.8% | GOOGL 143% · META 73% · EVER 11% |
| Interactive Home Entertainment | 8 | -45.5% | -53.9% | -87.4% | TTWO 40% · RBLX -48% · PINS -65% |
Median of constituents with a full price history over each window. Top names are unfiltered by size in this render.
Latest Trefis Analyses
| Title | |
|---|---|
| ARTICLES |
Research & Analysis
Invest in Strategies
Wealth Management
Peer Comparisons
| Peers to compare with: |
Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 16.45 |
| Mkt Cap | 5.1 |
| Rev LTM | 6,294 |
| Op Inc LTM | 1,196 |
| FCF LTM | 807 |
| FCF 3Y Avg | 776 |
| CFO LTM | 1,110 |
| CFO 3Y Avg | 1,169 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | -2.8% |
| Rev Chg 3Y Avg | -2.7% |
| Rev Chg Q | 2.8% |
| QoQ Delta Rev Chg LTM | 0.7% |
| Op Inc Chg LTM | 4.8% |
| Op Inc Chg 3Y Avg | 1.1% |
| Op Mgn LTM | 10.3% |
| Op Mgn 3Y Avg | 14.1% |
| QoQ Delta Op Mgn LTM | 0.2% |
| CFO/Rev LTM | 8.7% |
| CFO/Rev 3Y Avg | 13.7% |
| FCF/Rev LTM | 5.3% |
| FCF/Rev 3Y Avg | 10.1% |
Segment Financials
Revenue by Segment| $ Mil | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Local Media | 1,346 | 1,674 | 1,398 | 1,494 | 1,319 |
| Scripps Networks | 804 | 836 | 893 | 961 | 952 |
| Other revenues | 20 | 19 | 19 | ||
| Intersegment eliminations | -19 | -19 | -18 | -17 | -15 |
| Other | 15 | 27 | |||
| Total | 2,151 | 2,510 | 2,293 | 2,453 | 2,284 |
| $ Mil | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Scripps Networks | 237 | 190 | 226 | 234 | 389 |
| Local Media | 194 | 513 | 287 | 310 | 268 |
| Gains (losses), net on disposal of property and equipment | 32 | 18 | -2 | -6 | 30 |
| Restructuring costs | -10 | -34 | -39 | -9 | |
| Other segment profit (loss) | -29 | -32 | -26 | ||
| Shared services and corporate | -88 | -89 | -92 | -89 | -76 |
| Depreciation and amortization of intangible assets | -151 | -155 | -155 | -162 | |
| Impairment of goodwill | -952 | 0 | |||
| Acquisition and related integration costs | -2 | -40 | |||
| Other | -20 | 0 | |||
| Total | 184 | 412 | -753 | 428 | 401 |
| $ Mil | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Scripps Networks | 2,567 | 2,754 | 2,879 | 3,915 | 3,865 |
| Local Media | 2,298 | 2,324 | 2,394 | 2,392 | 2,432 |
| Shared services and corporate | 111 | 86 | 79 | 71 | 334 |
| Other | 33 | 35 | 58 | 53 | 28 |
| Discontinued operations | 0 | ||||
| Total | 5,009 | 5,199 | 5,410 | 6,431 | 6,658 |
Price Behavior
Price Behavior
| Market Price | $3.16 | |
| Market Cap ($ Bil) | 0.3 | |
| First Trading Date | 03/26/1990 | |
| Distance from 52W High | -38.8% | |
| 50 Days | 200 Days | |
| DMA Price | $3.15 | $3.67 |
| DMA Trend | up | up |
| Distance from DMA | 0.5% | -13.8% |
| 3M | 1YR | |
| Volatility | 66.4% | 81.0% |
| Downside Capture | 17.88 | 67.86 |
| Upside Capture | 42.43 | 64.77 |
| Correlation (SPY) | 10.1% | 13.4% |
SSP Betas & Captures as of 8/31/2026
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
| 1M | 2M | 3M | 6M | 1Y | 3Y | |
|---|---|---|---|---|---|---|
| Beta | 1.46 | 1.02 | 0.28 | 0.73 | 0.83 | 1.49 |
| Up Beta | 0.40 | -1.62 | -1.32 | 0.68 | 1.00 | 1.28 |
| Down Beta | 7.53 | 4.95 | 2.77 | 0.92 | 1.20 | 1.70 |
| Up Capture | 238% | 116% | -15% | 28% | 53% | 166% |
| Bmk +ve Days | 10 | 21 | 32 | 68 | 138 | 427 |
| Stock +ve Days | 14 | 22 | 30 | 61 | 115 | 345 |
| Down Capture | -50% | 88% | -7% | 104% | 73% | 111% |
| Bmk -ve Days | 11 | 21 | 32 | 59 | 113 | 324 |
| Stock -ve Days | 7 | 17 | 29 | 59 | 125 | 384 |
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with SSP | |
|---|---|---|---|---|
| SSP | 13.7% | 81.0% | 0.48 | - |
| Sector ETF (XLC) | -0.8% | 15.3% | -0.26 | 27.0% |
| Equity (SPY) | 18.3% | 12.8% | 1.03 | 13.4% |
| Gold (GLD) | 19.0% | 29.2% | 0.59 | 4.1% |
| Commodities (DBC) | 50.4% | 20.6% | 1.88 | -9.3% |
| Real Estate (VNQ) | 7.6% | 13.6% | 0.29 | 16.3% |
| Bitcoin (BTCUSD) | -32.6% | 43.8% | -0.78 | 12.1% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 5-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with SSP | |
|---|---|---|---|---|
| SSP | -30.9% | 83.5% | -0.08 | - |
| Sector ETF (XLC) | 6.7% | 20.9% | 0.24 | 29.7% |
| Equity (SPY) | 12.5% | 17.2% | 0.55 | 28.8% |
| Gold (GLD) | 18.7% | 18.8% | 0.81 | 4.5% |
| Commodities (DBC) | 11.7% | 19.5% | 0.47 | 8.4% |
| Real Estate (VNQ) | 0.7% | 18.9% | -0.07 | 27.7% |
| Bitcoin (BTCUSD) | 9.3% | 52.6% | 0.36 | 21.1% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 10-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with SSP | |
|---|---|---|---|---|
| SSP | -15.8% | 70.4% | 0.06 | - |
| Sector ETF (XLC) | 9.3% | 22.1% | 0.47 | 35.4% |
| Equity (SPY) | 15.2% | 17.9% | 0.72 | 37.4% |
| Gold (GLD) | 12.3% | 16.3% | 0.62 | 0.6% |
| Commodities (DBC) | 8.9% | 18.1% | 0.40 | 14.2% |
| Real Estate (VNQ) | 4.7% | 20.7% | 0.19 | 34.5% |
| Bitcoin (BTCUSD) | 63.2% | 66.2% | 1.03 | 13.1% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Earnings Returns History
Updated 9/10/2026| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 8/7/2026 | 12.5% | 13.6% | 11.9% |
| 5/8/2026 | -3.1% | -24.6% | -27.1% |
| 2/26/2026 | 1.7% | 13.2% | -0.3% |
| 11/7/2025 | 24.9% | 52.7% | 131.2% |
| 8/8/2025 | -10.3% | 6.0% | 6.4% |
| 5/9/2025 | -10.4% | -9.3% | -3.5% |
| 3/12/2025 | 43.4% | 104.2% | 67.1% |
| 11/4/2024 | -35.5% | -33.5% | -39.5% |
| ... | |||
| SUMMARY STATS | |||
| # Positive | 11 | 14 | 10 |
| # Negative | 13 | 10 | 14 |
| Median Positive | 9.7% | 9.2% | 9.7% |
| Median Negative | -10.4% | -21.8% | -17.5% |
| Max Positive | 43.4% | 104.2% | 131.2% |
| Max Negative | -35.5% | -33.5% | -48.3% |
| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 8/7/2026 | 12.5% | 13.6% | 11.9% |
| 5/8/2026 | -3.1% | -24.6% | -27.1% |
| 2/26/2026 | 1.7% | 13.2% | -0.3% |
| 11/7/2025 | 24.9% | 52.7% | 131.2% |
| 8/8/2025 | -10.3% | 6.0% | 6.4% |
| 5/9/2025 | -10.4% | -9.3% | -3.5% |
| 3/12/2025 | 43.4% | 104.2% | 67.1% |
| 11/4/2024 | -35.5% | -33.5% | -39.5% |
| 8/9/2024 | -19.9% | -29.1% | -41.2% |
| 5/10/2024 | -22.0% | -29.8% | -48.3% |
| 2/23/2024 | -19.5% | -25.2% | -35.5% |
| 11/3/2023 | 18.0% | 9.7% | 29.0% |
| 8/4/2023 | 13.4% | 3.6% | -25.1% |
| 5/5/2023 | 8.0% | 2.3% | 6.6% |
| 2/24/2023 | -13.5% | -19.1% | -39.3% |
| 11/8/2022 | -14.6% | 6.0% | 2.8% |
| 8/5/2022 | 0.2% | 8.7% | 1.6% |
| 5/6/2022 | -5.0% | -13.7% | -10.0% |
| 2/25/2022 | -1.3% | 3.1% | -2.0% |
| 11/5/2021 | 4.0% | 1.9% | -7.3% |
| 8/6/2021 | -2.2% | -6.3% | -9.9% |
| 5/7/2021 | -5.5% | -5.3% | -3.2% |
| 2/26/2021 | 2.6% | 15.9% | 7.6% |
| 11/6/2020 | 9.7% | 14.9% | 37.6% |
| SUMMARY STATS | |||
| # Positive | 11 | 14 | 10 |
| # Negative | 13 | 10 | 14 |
| Median Positive | 9.7% | 9.2% | 9.7% |
| Median Negative | -10.4% | -21.8% | -17.5% |
| Max Positive | 43.4% | 104.2% | 131.2% |
| Max Negative | -35.5% | -33.5% | -48.3% |
SEC Filings
Expand for More| Report Date | Filing Date | Filing |
|---|---|---|
| 06/30/2026 | 08/07/2026 | 10-Q |
| 03/31/2026 | 05/08/2026 | 10-Q |
| 12/31/2025 | 02/27/2026 | 10-K |
| 09/30/2025 | 11/07/2025 | 10-Q |
| 06/30/2025 | 08/08/2025 | 10-Q |
| 03/31/2025 | 05/09/2025 | 10-Q |
| 12/31/2024 | 03/12/2025 | 10-K |
| 09/30/2024 | 11/05/2024 | 10-Q |
| 06/30/2024 | 08/09/2024 | 10-Q |
| 03/31/2024 | 05/10/2024 | 10-Q |
| 12/31/2023 | 02/23/2024 | 10-K |
| 09/30/2023 | 11/03/2023 | 10-Q |
| 06/30/2023 | 08/04/2023 | 10-Q |
| 03/31/2023 | 05/05/2023 | 10-Q |
| 12/31/2022 | 02/24/2023 | 10-K |
| 09/30/2022 | 11/08/2022 | 10-Q |
| Report Date | Filing Date | Filing |
|---|---|---|
| 06/30/2026 | 08/07/2026 | 10-Q |
| 03/31/2026 | 05/08/2026 | 10-Q |
| 12/31/2025 | 02/27/2026 | 10-K |
| 09/30/2025 | 11/07/2025 | 10-Q |
| 06/30/2025 | 08/08/2025 | 10-Q |
| 03/31/2025 | 05/09/2025 | 10-Q |
| 12/31/2024 | 03/12/2025 | 10-K |
| 09/30/2024 | 11/05/2024 | 10-Q |
| 06/30/2024 | 08/09/2024 | 10-Q |
| 03/31/2024 | 05/10/2024 | 10-Q |
| 12/31/2023 | 02/23/2024 | 10-K |
| 09/30/2023 | 11/03/2023 | 10-Q |
| 06/30/2023 | 08/04/2023 | 10-Q |
| 03/31/2023 | 05/05/2023 | 10-Q |
| 12/31/2022 | 02/24/2023 | 10-K |
| 09/30/2022 | 11/08/2022 | 10-Q |
| 06/30/2022 | 08/05/2022 | 10-Q |
| 03/31/2022 | 05/06/2022 | 10-Q |
| 12/31/2021 | 02/25/2022 | 10-K |
| 09/30/2021 | 11/05/2021 | 10-Q |
| 06/30/2021 | 08/06/2021 | 10-Q |
| 03/31/2021 | 05/10/2021 | 10-Q |
| 12/31/2020 | 02/26/2021 | 10-K |
| 09/30/2020 | 11/06/2020 | 10-Q |
| 06/30/2020 | 08/07/2020 | 10-Q |
| 03/31/2020 | 05/08/2020 | 10-Q |
| 12/31/2019 | 02/28/2020 | 10-K |
| 09/30/2019 | 11/08/2019 | 10-Q |
Recent Forward Guidance
Updated 8/8/2026Latest: Q2 2026 Earnings Reported 8/7/2026
| Forward Guidance | Guidance Change | |||||||
|---|---|---|---|---|---|---|---|---|
| Metric | Source | Low | Mid | High | % Chg | % Delta | Change | Prior |
| Q3 2026 Local Media Expense Growth | Reported | -2.0% | -2.0% | Lower New | Actual: 0.0% for Q2 2026 | |||
| Q3 2026 Scripps Networks Expense Growth | Reported | 2.0% | 0 | Same New | Actual: 2.0% for Q2 2026 | |||
| Q3 2026 Shared Services and Corporate Expenses | Reported | 25.00 Mil | -7.4% | Lower New | Actual: 27.00 Mil for Q2 2026 | |||
| Q3 2026 Local Media Revenue Growth | Reported | 20.0% | 18.0% | Higher New | Actual: 2.0% for Q2 2026 | |||
| Q3 2026 Scripps Networks Revenue Growth | Reported | -15.0% | -5.0% | Lower New | Actual: -10.0% for Q2 2026 | |||
| 2026 Political Revenue | Reported | 225.00 Mil | 237.50 Mil | 250.00 Mil | ||||
Prior: Q1 2026 Earnings Reported 5/8/2026
| Forward Guidance | Guidance Change | |||||||
|---|---|---|---|---|---|---|---|---|
| Metric | Source | Low | Mid | High | % Chg | % Delta | Change | Prior |
| Q2 2026 Local Media Expense Growth | Reported | 0.0% | ||||||
| Q2 2026 Scripps Networks Expense Growth | Reported | 2.0% | ||||||
| Q2 2026 Shared services and corporate expense | Reported | 27.00 Mil | ||||||
| Q2 2026 Local Media Revenue Growth | Reported | 2.0% | ||||||
| Q2 2026 Scripps Networks Revenue Growth | Reported | -10.0% | ||||||
| 2028 Annualized enterprise EBITDA growth | Reported | 1.25E10% | 1.375E10% | 1.5E10% | 0 | Affirmed | Guidance: 1.375E10% for 2028 | |
Q4 2025 Earnings Reported 2/26/2026
| Forward Guidance | Guidance Change | |||||||
|---|---|---|---|---|---|---|---|---|
| Metric | Source | Low | Mid | High | % Chg | % Delta | Change | Prior |
| Q1 2026 Local Media Expense Growth | Reported | 1.0% | 2.5% | 4.5% | Higher New | Actual: -2.0% for Q4 2025 | ||
| Q1 2026 Scripps Networks Expense Growth | Reported | -1.0% | -2.5% | 9.5% | Higher New | Actual: -12.0% for Q4 2025 | ||
| Q1 2026 Shared services and corporate costs | Reported | 27.00 Mil | 28.6% | Higher New | Actual: 21.00 Mil for Q4 2025 | |||
| Q1 2026 Local Media Revenue Growth | Reported | 2.0% | 3.5% | 33.5% | Higher New | Actual: -30.0% for Q4 2025 | ||
| Q1 2026 Scripps Networks Revenue Growth | Reported | -9.0% | -7.5% | 4.5% | Higher New | Actual: -12.0% for Q4 2025 | ||
| 2026 Required pension contribution | Reported | 4.50 Mil | ||||||
| 2026 Depreciation and amortization | Reported | 140.00 Mil | 145.00 Mil | 150.00 Mil | ||||
| 2026 Interest paid | Reported | 180.00 Mil | 185.00 Mil | 190.00 Mil | 8.8% | Higher New | Actual: 170.00 Mil for 2025 | |
| 2026 Taxes paid | Reported | 15.00 Mil | 17.50 Mil | 20.00 Mil | ||||
| 2026 Capital Expenditures | Reported | 60.00 Mil | 65.00 Mil | 70.00 Mil | ||||
| 2028 Annualized enterprise EBITDA growth | Reported | 1.25E10% | 1.375E10% | 1.5E10% | ||||
Q3 2025 Earnings Reported 11/7/2025
| Forward Guidance | Guidance Change | |||||||
|---|---|---|---|---|---|---|---|---|
| Metric | Source | Low | Mid | High | % Chg | % Delta | Change | Prior |
| Q4 2025 Local Media Expense Growth | Reported | -4.0% | -2.0% | 1.5% | Higher New | Guidance: -3.5% for Q3 2025 | ||
| Q4 2025 Scripps Networks Expense Growth | Reported | -12.0% | -7.0% | Lower New | Guidance: -5.0% for Q3 2025 | |||
| Q4 2025 Shared Services and Corporate Costs | Reported | 21.00 Mil | -4.5% | Lower New | Guidance: 22.00 Mil for Q3 2025 | |||
| Q4 2025 Local Media Revenue Growth | Reported | -30.0% | -7.5% | Lower New | Guidance: -22.5% for Q3 2025 | |||
| Q4 2025 Scripps Networks Revenue Growth | Reported | -12.0% | -10.0% | Lower New | Guidance: -2.0% for Q3 2025 | |||
| 2025 Full-year cash interest expense | Reported | 165.00 Mil | 170.00 Mil | 175.00 Mil | -1.4% | Lowered | Guidance: 172.50 Mil for 2025 | |
Insider Activity
Updated 5/22/2026| # | Owner | Title | Holding | Action | Filing Date | Price | Shares | Transacted Value | Value of Held Shares | Form |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | McCabe, Molly E | Direct | Sell | 5222026 | 3.29 | 11,239 | Form | |||
| 2 | McCabe, Molly E | Direct | Sell | 5222026 | 3.40 | 112,284 | 381,979 | 38,234 | Form | |
| 3 | McCabe, Molly E | Direct | Sell | 5222026 | 3.48 | 142,970 | 497,021 | 429,415 | Form | |
| 4 | McCabe, Molly E | Direct | Sell | 5222026 | 3.35 | 60,182 | 201,562 | 892,538 | Form | |
| 5 | Brickner, Samantha J | Direct | Buy | 5142026 | 3.53 | 1,262 | 4,461 | 394,797 | Form |
| # | Owner | Title | Holding | Action | Filing Date | Price | Shares | Transacted Value | Value of Held Shares | Form |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | McCabe, Molly E | Direct | Sell | 5222026 | 3.29 | 11,239 | Form | |||
| 2 | McCabe, Molly E | Direct | Sell | 5222026 | 3.40 | 112,284 | 381,979 | 38,234 | Form | |
| 3 | McCabe, Molly E | Direct | Sell | 5222026 | 3.48 | 142,970 | 497,021 | 429,415 | Form | |
| 4 | McCabe, Molly E | Direct | Sell | 5222026 | 3.35 | 60,182 | 201,562 | 892,538 | Form | |
| 5 | Brickner, Samantha J | Direct | Buy | 5142026 | 3.53 | 1,262 | 4,461 | 394,797 | Form | |
| 6 | Granado, Anthony S | Direct | Buy | 3102026 | 4.43 | 6,852 | 30,377 | 184,035 | Form | |
| 7 | Brickner, Rebecca Scripps | Direct | Buy | 3102026 | 4.64 | 79,758 | 370,324 | 2,423,587 | Form | |
| 8 | Scripps, Eaton M | Direct | Buy | 3102026 | 4.64 | 41,017 | 190,446 | 6,445,482 | Form | |
| 9 | Evans, Peggy Scripps | Direct | Buy | 3102026 | 4.64 | 3,077 | 14,287 | 34,823 | Form | |
| 10 | Granado, Anthony S | Direct | Buy | 3102026 | 4.64 | 5,742 | 26,661 | 160,930 | Form | |
| 11 | Granado, Corina S | Direct | Buy | 3102026 | 4.64 | 79,758 | 370,324 | 3,715,757 | Form | |
| 12 | Scripps, Elizabeth | Direct | Buy | 3102026 | 4.64 | 3,077 | 14,287 | 62,315 | Form | |
| 13 | Klenzing, Margaret Scripps | Direct | Buy | 3102026 | 4.64 | 159,515 | 740,644 | 3,445,078 | Form | |
| 14 | Evans, Peggy Scripps | Direct | Buy | 3062026 | 4.43 | 2,324 | 10,286 | 19,575 | Form | |
| 15 | Granado, Corina S | Direct | Buy | 3062026 | 4.43 | 60,266 | 266,725 | 3,188,864 | Form | |
| 16 | Scripps, Eaton M | Direct | Buy | 3062026 | 4.43 | 30,993 | 137,169 | 5,962,296 | Form | |
| 17 | Granado, Anthony S | Direct | Buy | 3062026 | 4.43 | 4,339 | 19,204 | 127,985 | Form | |
| 18 | Scripps, Elizabeth | Direct | Buy | 3062026 | 4.43 | 2,324 | 10,286 | 45,780 | Form | |
| 19 | Klenzing, Margaret Scripps | Direct | Buy | 3062026 | 4.43 | 120,534 | 533,459 | 2,577,865 | Form | |
| 20 | Brickner, Rebecca Scripps | Direct | Buy | 3062026 | 4.43 | 60,266 | 266,725 | 1,957,168 | Form | |
| 21 | Evans, Peggy Scripps | Direct | Buy | 3062026 | 4.17 | 2,099 | 8,757 | 8,757 | Form | |
| 22 | Scripps, Eaton M | Direct | Buy | 3062026 | 4.17 | 27,990 | 116,771 | 5,490,950 | Form | |
| 23 | Granado, Anthony S | Direct | Buy | 3062026 | 4.17 | 3,919 | 16,350 | 102,541 | Form | |
| 24 | Scripps, Elizabeth | Direct | Buy | 3062026 | 4.17 | 2,099 | 8,757 | 33,459 | Form | |
| 25 | Klenzing, Margaret Scripps | Direct | Buy | 3062026 | 4.17 | 139,951 | 583,862 | 1,927,122 | Form | |
| 26 | Brickner, Rebecca Scripps | Direct | Buy | 3062026 | 4.17 | 69,976 | 291,933 | 1,593,466 | Form | |
| 27 | Granado, Corina S | Direct | Buy | 3052026 | 4.17 | 69,976 | 291,933 | 2,754,501 | Form | |
| 28 | Granado, Corina S | Direct | Buy | 3052026 | 3.91 | 260,000 | 1,016,106 | 2,306,854 | Form | |
| 29 | Granado, Geraldine Scripps | Direct | Buy | 3052026 | 3.91 | 40,000 | 156,324 | 195,405 | Form | |
| 30 | Holcomb, Monica | Trust | Buy | 3052026 | 3.91 | 7,500 | 29,311 | 93,814 | Form | |
| 31 | Barmonde, Charles L | Revocable Living Trust | Buy | 3052026 | 3.91 | 40,000 | 156,324 | 2,892,264 | Form | |
| 32 | Symson, Adam | President and CEO | Direct | Buy | 3052026 | 3.69 | 26,910 | 99,185 | 4,291,956 | Form |
Industry Resources
| Communication Services Resources |
| Variety |
| The Hollywood Reporter |
| Adweek |
| Broadcasting Resources |
| Broadcasting & Cable |
| TV Technology |
| Radio Ink |
External Quote Links
| Y Finance | Barrons |
| TradingView | Morningstar |
| SeekingAlpha | ValueLine |
| Motley Fool | Robinhood |
| CNBC | Etrade |
| MarketWatch | Unusual Whales |
| YCharts | Perplexity Finance |
| FinViz |
Prefer one of these to Trefis? Tell us why.
Core Cache Last Updated: 9/11/2026