EARNINGS CALL

Scripps: Recovery Spans Nearly All Ad Categories

Each month of the second quarter was sequentially better, so Local Media President Brian Lawler is optimistic: “We do believe, based on everything we’re seeing now, that August will be better than July, and September will be better than August in terms of year-to-year improvement, in terms of dollar growth,” he said.

QUARTERLY REPORT | UPDATED 2:08 PM ET

Scripps 2Q Adjusted Local Media Rev Down 12%

The decrease to $277 million was significantly impacted by the economic downturn, reflecting the impact of the COVID-19 pandemic, with the greatest impact in April. Scripps said it saw improvements in advertising revenue from April to May and from May to June.

TVN FOCUS ON JOURNALISM

TVN Focus On Journalism | Local TV Plans Reduced Convention Presence

Station groups say they will send fewer correspondents to August’s largely virtualized political conventions and centralize their reporting resources. At the same time, they see local coverage opportunities of the conventions expanding, largely down to use of the remote production technology they’ve already been mastering for months during the pandemic.

Scripps Stations Go Dark To Dish Subs

The station group and satellite TV provider have failed to reach a new carriage deal, so Dish subscribers in 42 markets have lost access to Scripps stations.

MARKET SHARE

Scripps Stations Help Raise Over $2 Million For Food Banks

WORKING LUNCH WEBINAR

TVN To Present Second Webinar On Optimizing Spot TV In A Tough Year

Leading executives in the spot TV advertising ecosystem will talk about ways to entice a larger number of marketers to invest in local TV during a TVNewsCheck webinar on Aug. 6. The event, which will focus on short- and long-term issues facing the industry, will feature (top, l-r): Frank Friedman, E.W. Scripps; Jane Meyerson, ICON International; Joe Cerone, Zenith; (bottom, l-r):  Rob Weisbord, Sinclair Broadcast Group; Mark Gorman, Matrix Solutions and Ted Kramer, ProvantageX.  Register here.

DMA 1: NEW YORK

Mission Broadcasting Buying WPIX From Scripps

Nexstar has transferred its option to purchase Scripps’ New York CW affiliate WPIX to Mission Broadcasting and Mission has exercised its option to purchase the station for $75 million plus accrued interest, to be calculated on the period between the Sept. 19, 2019, purchase date of WPIX by Scripps and the option sale closing date.

Scripps Sells Podcast Biz To SiriusXM For $325M

The deal includes three distinct podcast business lines: the Midroll advertising rep firm; owned-and-operated podcast networks including the comedy-focused Earwolf; and the Stitcher podcast listening platform.

TVN FOCUS ON DIVERSITY

TVN Focus | Scripps Took An Early Lead On Diversity Efforts

Many broadcasters are now reassessing diversity and inclusion in their operations following the wave of U.S. protests against racial injustice. The E.W. Scripps Co. started its own top-to-bottom initiative two years ago. Above, WXYZ Detroit Anchor Glenda Lewis at Campus Martius Park in Detroit with a “7 In Your Neighborhood’ community segment.

DMA 65: TUCSON, AZ

Tregg White Named KGUN-KWBA GM

Scripps chooses the former news and sales exec and Cheyenne, Wyo., GM to lead its ABC-CW duopoly in Tucson, Ariz.

Las Vegas Stations Launch 3.0 Broadcasts

Powered by ATSC 3.0, Sinclair’s KSNV (NBC) and KVCW (CW), Nexstar’s KLAS (CBS) and Scripps’ KTNV (ABC) are now broadcasting with the new NextGen TV technology.

Scripps Family Fund Donation To Support Scripps Employees, Communities During Pandemic

Employees of The E.W. Scripps Co. and communities where it does business in more than 40 markets across the country will benefit from a gift from the Scripps Family Impact Fund. The fund is giving $1.6 million to three initiatives, including two related to the company and its foundation: Scripps COVID-19 Employee Relief Fund — The […]

DMAS 102 & 191

Matt Hamilton New GSM At KIVI-KSAW

He joins from iHeartMedia in Portland, Ore., to oversee sales at the Scripps ABC affiliates in Boise-Nampa and Twin Falls, Idaho.

Project OAR Expands With Scripps And ViacomCBS

The E.W. Scripps Co. and an expanded group from ViacomCBS have joined Project OAR, the consortium working to recommend open standard protocols for TV programmers and platforms to easily manage, sell and deliver more relevant advertising experiences within linear and on-demand formats on smart TVs. The two media network groups join the consortium on the […]

EARNINGS CALL

Scripps Sees Business Starting To Return

EVP-CFO Lisa Knutson said ad pacings are improving sequentially month-over-month, with May pacing ahead of April and June pacing ahead of May. Brian Lawlor, president of local media, added that it is unusual for June to grow over May if advertising were normal.

QUARTERLY REPORT

Scripps 1Q Adjusted Local Media Rev Up 9%

The increase to $322 million was aided by a jump in retrans revenue. When factoring in the acquisition of 23 stations last year, that local media revenue percent gain climbs to 58%.

Scripps Issues Second-Quarter 2020 Dividend

The board of directors of The E.W. Scripps Co. today declared a cash dividend for the second quarter of 2020. Scripps shareholders of record as of June 15, will receive 5 cents per share, payable on June 25. The dividend will be paid out of the company’s surplus.

MARKET SHARE

KNXV’s Investigation Into Police Abuse Earns Hillman Award

Scripps Names Pat Browning CIO

Beginning April 1, he succeeds the retiring Bob Carson in leading the company’s enterprise technology strategy and operations.

Scripps Offering Viewers Recovery Resources

The Rebound is a companywide service-oriented content initiative that provides audiences with the information, tools and resources they need as the country moves forward during the pandemic.

EXECUTIVE SESSION WITH ADAM SYMSON

Executive Session | Scripps On ‘Business Equivalent Of Adrenaline’

E.W. Scripps President and CEO Adam Symson feels the audience increase its stations have experienced since the pandemic will endure through to the other side of the crisis. For now, he says, the company is on a firm financial footing and jobs are secure, “but the real questions that we have to wait and see on are how deep this goes and how long it lasts.”

Scripps CEO, Execs Take Pay Cut

The company said it will donate an amount equal to those cuts to a fund to support its employees affected by the COVID-19 crisis.

Scripps Taps Monica Dias To Support Local TV Newsrooms’ Public Access Efforts

Building on its commitment to advance public records access for TV stations, E.W. Scripps appointed Monica Dias as senior counsel of content and intellectual property, effective Monday, April 6. In this role, Dias will manage Scripps’ copyright and trademark portfolio and will work directly with Scripps journalists on newsgathering issues related to public records access. She […]

For Newsy, Digital Nativity Aided Its Virus Pivot

As a digital-centric news organization, Newsy was better prepared than many to shift to remote working conditions. What’s changed is a tighter collaborative relationship with other E.W. Scripps-owned sister companies, including Court TV and TV stations.

Scripps Fund To Provide Virus Assistance

Qualified Scripps employees can apply for up to $1,000 for eligible expenses related to hardships caused by COVID-19.

MARKET SHARE

Scripps PSA Campaign For Local Businesses: We’re Open

DMA 64: LEXINGTON, KY

Andrew Shenkan Named VP-GM Of WLEX

Scripps is moving the GM of its KATC Lafayette, La., to lead its NBC affiliate in Lexington, Ky.

EARNINGS CALL

Scripps CEO Hails OTA Renaissance

“What’s old is new again, and broadcast linear television is seen by younger audiences as the perfect pairing for subscription services and virtual MVPDs. They’re plugging in digital antennas and tuning in to free, over-the-air television,” Scripps CEO Adam Symson told analysts this morning. “The combination of our local television portfolio and our five Katz networks uniquely positions Scripps to take advantage of the over-the-air renaissance in the media marketplace.”

QUARTERLY REPORT

Scripps 4Q Local Media Revenue Up 17%

The increase to $330 million was aided by a jump in retrans revenue and higher core advertising stemming from its acquisition of 26 stations in 2019.

Scripps Declares Dividend, Share Repurchase

Scripps shareholders of record as of March 16 will receive 5 cents per share, payable on March 25. The company also authorized a share repurchase program of up to $100 million of Class A shares running through March 1, 2022.

TVN FOCUS ON PODCASTING

TVN Focus | Stations See Audience, Rev Potential In Podcasts

TV broadcasters including E.W. Scripps, Tegna, Fox Owned Stations and KSL have laid down bets of varying sizes in the podcast medium, drawn by the potential of expanding audiences, motivating newsrooms and new revenue streams.

Scripps, News Literacy Project Kick Off Public Awareness Campaign

At a time when Americans’ trust in mass media edges downward, the News Literacy Project is partnering with E.W. Scripps to launch a national public awareness campaign on the importance of news literacy and the role of the free press in American democracy. The campaign, which is now running across Scripps’ local broadcast stations and national media […]

Ex-WTMJ Meteorologist Sues Scripps Claiming Anti-Semitism

Scripps Renews Adam Symson Through 2022

He will continue to serve as the company’s president and CEO for three more years.

Scripps Names Two To OTT, Revenue Posts

Sarah Jacobs has been named director of revenue strategy and Maggie Drake has been appointed senior director of OTT revenue.

Scripps Stations Join Report For America Effort

Five stations owned by The E.W. Scripps Co. have been selected as 2020 Report for America (RFA) newsrooms and will host journalists to cover critically important beats in their communities as part of Scripps’ enterprise journalism content strategy. This announcement follows news last week that The Associated Press is adding statehouse reporters in 13 states as part of […]

Scripps Taps Anderson As Chief Privacy Officer

Greg Anderson is chosen to lead the company’s privacy and data protection programs.

Scripps Ups Marcus Riley To Content Strategy Post

The station group moves him up from digital director and editorial director at WTMJ, Scripps’ NBC affiliate in Milwaukee, to work with newsroom leaders in nine of Scripps’ local TV markets to implement, evaluate, measure and refine the company’s local content strategy.

TVN TECH

TVN Tech | Stations Embrace Advances In Remote Production

News organizations are increasingly using breakthroughs in technology to allow journalists to remotely, yet quickly, deliver more content over multiple platforms. The advances range from improved cellular networks that speed transmission of content from the field to the newsroom and cameras capable of streaming and providing remote video, to a host of tools available for journalists to remotely edit and produce content while collaborating with their newsrooms. Above, Grass Valley’s new GV Alyve, released at this year’s IBC Show, gives reporters a “virtual control room in the cloud” for production and distribution of video and livestream content. (Source: Grass Valley)

EARNINGS CALL

Scripps Saw No Impact From GM Strike

“I think we were all nervous about the General Motors strike and that had no impact on us,” Local Media President Brian Lawlor told analysts. In fact, he added, the ad categories of furniture, bedding, travel and leisure, cruises, jewelry, shoes and appliances, all were “up significantly. It really gives us a lot of hope that our local economy and our local markets are very healthy.”