CINCINNATI, May 22, 2024 /PRNewswire/ -- Robin Davis is the new senior vice president, chief distribution officer for The E.W. Scripps Company (NASDAQ: SSP), effective immediately. She will oversee the team responsible for managing distribution across numerous platforms, including cable, satellite and virtual carriers as well as multicast spectrum. Davis has been serving as the interim head of distribution since February.Robin Davis has been named the new senior vice president, chief distribution officer fo ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number 001-10701 THE E.W. SCRIPPS COMPANY (Exact name of registrant as specified in its charter) Ohio 31-1223339 (State or other jurisdiction of (IRS ...

财务数据和关键指标变化 - 第一季度收入同比增长13%,主要由于政治广告收入和分销收入的增长 [9][10] - 第一季度核心广告收入同比下降约3%,其中汽车和家居装修类广告收入分别增长6%和5% [12] - 第二季度预计当地媒体收入将同比增长低单位数,当地核心广告收入将同比下降低单位数 [13] - 全年预计政治广告收入将达到2.4亿美元至2.7亿美元,高于之前的2.1亿美元至2.5亿美元的预期 [14] - 全年预计分销收入将同比增长低单位数 [14] 各条业务线数据和关键指标变化 - 第一季度Scripps Networks收入同比下降约3%,剔除即将停止的低毛利程序化广告产品影响后,收入同比下降不到1% [15][16] - 直接反应广告市场在两年来首次实现同比增长,占网络广告收入的40%以上 [16] - 第二季度预计Scripps Networks收入将同比下降中单位数,费用将同比增长低单位数 [18] - 连接电视广告收入在剔除程序化广告产品影响后,第一季度同比增长22%,全年预计将同比增长约30% [17] 各个市场数据和关键指标变化 - 第一季度政治广告收入为1500万美元,主要来自蒙大拿州和俄亥俄州的早期参议院竞选支出 [9] - 付费电视订户总数最近一个季度同比增长近1%,过去12个月同比下降中个位数,与近年来的趋势一致 [10][11] - 预计2024年第三和第四季度将出现政治广告的挤占效应,但这些高毛利收入将被优先考虑 [48][49] 公司战略和发展方向及行业竞争 - 公司正在执行一项包括经营杠杆和非经营杠杆的策略,以提高经营业绩和降低债务 [24][25] - 公司正在探索出售Bounce电视网的可能性,这与公司历史上收购、创建、增值并最终退出资产的做法一致 [34][35] - 公司还在探索出售一些较小的非战略性房地产资产,以获得更多现金用于偿还债务 [38] - 公司认为广告市场正在复苏,直接反应和散播广告市场表现良好,连接电视广告收入有望大幅增长 [25][26][27] - 公司通过在WNBA和NWSL联赛的投资,吸引了更年轻和更富裕的观众群,并开拓了新的广告客户 [26][27][28][29] 管理层对经营环境和未来前景的评论 - 管理层对公司今年的经营业绩和债务偿还前景表示乐观 [24][39] - 管理层认为政治广告支出将大幅增加,加上广告市场的复苏和资产出售,有望大幅降低公司的债务水平 [30][31][34][60] - 管理层表示将继续严格控制成本,这将是公司实现利润增长和偿还债务的另一个重要举措 [25][46][47] 问答环节重要的提问和回答 问题1 **Dan Kurnos提问** 询问Bounce电视网的相关指标和资产出售的规模 [42] **Adam Symson回答** 表示Bounce电视网的潜在买家兴趣强烈,预计出售价格将达到数亿美元,是一个良好的退出时机和投资回报 [43][44] 问题2 **Steven Cahall提问** 询问Scripps Networks二季度收入下滑的原因,以及公司在成本管控方面的具体措施和预期 [54][55] **Jason Combs和Adam Symson回答** 解释二季度收入下滑是由于上年签约的较低价广告库存影响,但公司正在通过严格控制各类成本来提高利润 [57][59][60] 问题3 **Michael Kupinski提问** 询问公司对政治广告收入预期的提升依据,以及出售Bounce电视网对公司其他网络广告销售的影响 [65][73] **Lisa Knutson和Adam Symson回答** 详细解释了政治广告收入预期提升的依据,并表示出售Bounce不会对公司其他网络广告销售产生重大影响 [66][67][74][75]

Exhibit 99.1 Scripps reports Q1 2024 financial results May 9, 2024 CINCINNATI – The E.W. Scripps Company (NASDAQ: SSP) delivered $561 million in revenue for the first quarter of 2024. Loss attributable to the shareholders of Scripps was $12.8 million or 15 cents per share. Operating results for the quarter include a pre-tax investment gain of $18.1 million and $5 million of restructuring costs. Business notes: • Scripps now believes its 2024 election-year political advertising revenue will reach the range o ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☑ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number 001-10701 THE E.W. SCRIPPS COMPANY (Exact name of registrant as specified in its charter) Ohio 31-1223339 (State or other jurisdiction of (IRS Emplo ...

The E.W. Scripps Company. (NASDAQ:SSP) Q4 2023 Earnings Conference Call February 23, 2024 9:30 AM ET Company Participants Carolyn Micheli - Investor Relations Adam Symson - President & Chief Executive Officer Jason Combs - Chief Financial Officer Lisa Knutson - Chief Operating Officer Conference Call Participants Daniel Kurnos - The Benchmark Company Steven Cahall - Wells Fargo Craig Huber - Huber Research Partners Jeffrey Peskind - Phoenix Michael Kupinski - NOBLE Capital Markets Operator Thank you for sta ...

Exhibit 99.1 Scripps reports Q4 2023 financial results Feb. 23, 2024 CINCINNATI — The E.W. Scripps Company (NASDAQ: SSP) delivered $616 million in revenue for the fourth quarter of 2023. Loss attributable to the shareholders of Scripps was $268 million or $3.17 per share. A non-cash goodwill impairment charge and restructuring costs for the quarter accounted for $3.15 of the per-share loss. Business notes: • Scripps Sports is part of a historic media rights agreement with the National Women’s Soccer League ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number 001-10701 THE E.W. SCRIPPS COMPANY (Exact name of registrant as specified in its charter) Ohio 31-1223339 (State or other jurisdiction of ( ...

The E.W. Scripps Company (NASDAQ:SSP) Q3 2023 Earnings Conference Call November 3, 2023 9:30 AM ET Company Participants Carolyn Micheli - Investor Relations Adam Symson - President & Chief Executive Officer Jason Combs - Chief Financial Officer Lisa Knutson - Chief Operating Officer Conference Call Participants Dan Kurnos - Benchmark Steven Cahall - Wells Fargo Nick Zangler - Stephens Michael Kupinski - NOBLE Capital Markets Craig Huber - Huber Research Partners Operator Ladies and gentlemen, thank you for ...

The E.W. Scripps Company (NASDAQ:SSP) Q2 2023 Earnings Conference Call August 4, 2023 9:30 AM ET Company Participants Carolyn Micheli - EVP, Chief Communications & IR Officer Adam Symson - President, CEO & Director Jason Combs - EVP & CFO Lisa Knutson - COO Conference Call Participants Daniel Kurnos - The Benchmark Company Steven Cahall - Wells Fargo Securities Michael Kupinski - NOBLE Capital Markets Craig Huber - Huber Research Partners Operator Ladies and gentlemen, thank you for standing by, and welcome ...