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SSP took out debt equal to 1.85x its market cap to double down on the TV broadcasting business. The debt comes due between 2024 and 2031, giving SSP ample time to pay off the debt. The combined entity should generate enough Free Cash Flow to pay off its debt. For further det...
This Buffett holdings list from Kiplinger first appeared 2/16/21 online. YCharts and Dogs of The Dow also track this Buffett/Berkshire Batch. Here's your update from 4/5/21 data. Thirty of 48 Berkshire Hathaway-owned-stocks pay dividends. As of 4/5/21 the top 10 ranged 3.04%-4.87% by ...
Scripps caters to cord-cutters by launching Newsy as a free, over-the-air network PR Newswire CINCINNATI , April 6, 2021 /PRNewswire/ -- The E.W. Scripps Company (NASDAQ: SSP) will soon launch its popular over-the-top (OTT) national news network Newsy over t...
2021 Scripps National Spelling Bee season to launch June 12 The official competition schedule will include three live telecasts of virtual rounds in lead-up to July 8 in-person finals PR Newswire CINCINNATI , April 6, 2021 /PRNewswire/ -- The Scripps Nat...
Among the Supreme Court decisions issued today was one that allows the Federal Communications Commission to relax limits on media ownership - the culmination of a long-running battle between the broadcasting industry and many lawmakers looking to keep strict caps. The Trump-era FCC in 2017 el...
E.W. Scripps (SSP -2.2%) has closed its sale of digital audio arm Triton to iHeartMedia (IHRT +0.6%). The sale came off for $230M; Scripps had bought the company for $150M in 2018 and it notes that the purchase has been accretive to segment margins since then. It says it will put the proceeds...
Scripps completes sale of Triton to iHeartMedia PR Newswire CINCINNATI , March 31, 2021 /PRNewswire/ -- The E.W. Scripps Company (NASDAQ: SSP) closed today on its sale of Triton to iHeartMedia (NASDAQ: IHRT) for $230 million . Triton is the gl...
Scripps appoints Keith Summa to lead national investigative reporting for Washington Bureau Veteran journalist and media executive will serve as Scripps Washington deputy bureau chief and executive producer of investigations PR Newswire CINCINNATI , March 2...
Scripps Howard Foundation awards $600,000 to support diversity in journalism PR Newswire CINCINNATI , March 24, 2021 /PRNewswire/ -- As part of its commitment to advance equity, diversity and inclusion within the journalism industry, the Scripps Howard Found...
Scripps appoints Evan Pappas VP and GM of WFTX in Ft. Myers, Florida PR Newswire CINCINNATI , March 23, 2021 /PRNewswire/ -- The E.W. Scripps Company (NASDAQ: SSP) has appointed Evan Pappas to the role of vice president and general manager for WFTX, Scrip...
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Scripps' business not significantly affected by global IT outage PR Newswire CINCINNATI , July 19, 2024 /PRNewswire/ -- The E.W. Scripps Company (NASDAQ: SSP) has not been significantly affected by the global IT outage that struck overnight. Scripps operates...
Scripps to report second-quarter 2024 operating results on Aug. 8 PR Newswire CINCINNATI , July 12, 2024 /PRNewswire/ -- The E.W. Scripps Company (NASDAQ: SSP) will report second-quarter 2024 operating results after the markets close on Thursday, Aug....
KNXV-ABC15 honored with Sigma Delta Chi Award from Society of Professional Journalists PR Newswire PHOENIX , July 11, 2024 /PRNewswire/ -- The Society of Professional Journalists has awarded KNXV-ABC15, the Phoenix -based local television station owned by The...