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E. W. Scripps Co (SSP.N)

SSP.N on New York Stock Exchange

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25 Sep 2017
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Latest Key Developments (Source: Significant Developments)

Scripps announces leadership changes
Wednesday, 23 Aug 2017 09:15am EDT 

Aug 23 (Reuters) - E. W. Scripps Co :Scripps announces leadership changes.E. W. Scripps- Senior vice president, CFO Tim Wesolowski and senior vice president, general counsel William Appleton are now executive vice presidents.  Full Article

E. W. Scripps reports Q2 earnings per share $0.10
Thursday, 3 Aug 2017 07:30am EDT 

Aug 3 (Reuters) - E. W. Scripps Co :Scripps reports second-quarter 2017 results.Q2 earnings per share $0.10.Q2 revenue $232 million versus I/B/E/S view $232.4 million.Q2 earnings per share view $0.06 -- Thomson Reuters I/B/E/S.E. W. Scripps Co sees ‍ third-quarter 2017 television revenue down high single digits​.E. W. Scripps Co sees ‍ third-quarter 2017 radio revenue down mid-single digits​.E. W. Scripps Co sees ‍ third-quarter 2017 digital revenue up high 20 percent range​.E. W. Scripps Co - ‍for Q4, assuming an Oct. 2 close, four Katz Broadcast Networks are expected to add about $38 million of revenue​.E. W. Scripps Co sees ‍third-quarter 2017 television expense up mid-single digits, radio expense flat and digital expense up high teens​.  Full Article

Scripps acquires four fast-growing, audience-targeted television networks
Tuesday, 1 Aug 2017 09:00am EDT 

Aug 1 (Reuters) - E. W. Scripps Co :Scripps acquires four fast-growing, audience-targeted television networks.E. W. Scripps Co - ‍acquired Katz Broadcast Networks, which distribute programming for targeted audiences over air, in a deal worth $302 million​.E. W. Scripps Co says scripps intends to finance transaction with $250 million of new debt and about $50 million of cash on hand.E. W. Scripps Co - ‍four networks are forecast to generate about $180 million in revenue and about $30 million in segment profit in 2018​.E. W. Scripps Co - ‍Scripps was already a 5 percent owner in a portion of business, so its net purchase price is $292 million​.E. W. Scripps Co - ‍transaction is expected to be accretive to scripps' earnings in 2018 and beyond​.E. W. Scripps co says upon closing of deal, Scripps' leverage is expected to be about 3x on a pro forma 2017/18 blended basis.  Full Article

Scripps names Adam Symson as CEO
Monday, 10 Jul 2017 04:35pm EDT 

July 10 (Reuters) - E. W. Scripps Co :Scripps names Symson president/CEO; Boehne to retire, continue as chairman of the board.E. W. Scripps Co - Board of directors set date for anticipated CEO transition to Symson from Rich Boehne, who will continue as Scripps chairman.E. W. Scripps Co - Adam Symson will assume role of president and CEO on Aug. 8.  Full Article

E. W. Scripps Q1 loss per share $0.02
Friday, 5 May 2017 07:30am EDT 

May 5 (Reuters) - E. W. Scripps Co ::Scripps reports first-quarter 2017 results.Q1 loss per share $0.02.Q1 revenue $211 million versus I/B/E/S view $211.6 million.Q1 earnings per share view $-0.06 -- Thomson Reuters I/B/E/S.E. W. Scripps co- for second-quarter 2017 sees television revenue flat.E. W. Scripps co-sees second-quarter 2017 radio revenue down mid-single digits.E. W. Scripps co-sees digital revenue up mid 20 percent range for second-quarter 2017.E. W. Scripps co- full-year interest expense is expected to be approximately $23 million.  Full Article

Scripps prices private offering of senior notes
Thursday, 20 Apr 2017 05:35pm EDT 

April 20 (Reuters) - E. W. Scripps Co ::Scripps prices private offering of senior notes.E. W. Scripps co says has priced its offering of $400 million of new senior unsecured notes at 5.125 percent.Notes were priced at par and will mature in 2025.E. W. Scripps co - notes are guaranteed by certain of company's existing and future subsidiaries.  Full Article

Scripps launches proposed private placement of senior notes
Monday, 17 Apr 2017 04:45pm EDT 

April 17 (Reuters) - E. W. Scripps Co : :Scripps launches proposed private placement of senior notes.Says has launched an offering of $400 million of new senior unsecured notes.Notes are expected to mature in 2025 and will be guaranteed by certain of company's existing and future subsidiaries.Says proceeds from offering will be used to repay existing $391 million term loan B due in 2020, to pay related fees and expenses.Is seeking to amend and restate existing $100 million senior secured revolving credit facility to increase borrowing capacity to $125 million.In conjunction with notes issuance, co is seeking to extend maturity of existing senior secured revolving credit facility to 2022.Company expects first-quarter 2017 operating results to be consistent with its prior expectations.Expects first-quarter 2017 operating results to be consistent with its prior expectations.Q1 television revenue expected to be flat, radio revenue expected to decrease in mid-single-digit range, digital revenue to increase in mid-20 percent range.Sees Q1 television revenue flat, radio revenue down mid-single-digit range, digital revenue up mid-20 percent range .  Full Article

Scripps launches proposed private placement of senior notes
Monday, 17 Apr 2017 04:45pm EDT 

April 17 (Reuters) - E. W. Scripps Co ::Scripps launches proposed private placement of senior notes.E. W. Scripps co says has launched an offering of $400 million of new senior unsecured notes.E. W. Scripps co - notes are expected to mature in 2025 and will be guaranteed by certain of company's existing and future subsidiaries.E. W. Scripps co says proceeds from offering will be used to repay existing $391 million term loan b due in 2020, to pay related fees and expenses.E. W. Scripps - is seeking to amend and restate existing $100 million senior secured revolving credit facility to increase borrowing capacity to $125 million.E. W. Scripps co-in conjunction with notes issuance, co is seeking to extend maturity of existing senior secured revolving credit facility to 2022.E. W. Scripps co - company expects first-quarter 2017 operating results to be consistent with its prior expectations.E. W. Scripps co - expects first-quarter 2017 operating results to be consistent with its prior expectations.E. W. Scripps- q1 television revenue expected to be flat, radio revenue expected to decrease in mid-single-digit range, digital revenue to increase in mid-20 percent range.E. W. Scripps co-expects television revenue to be flat,radio revenue to decrease mid-single-digit range,digital revenue to increase mid-20 percent range versus q1 2016.  Full Article

E. W. Scripps reports Q4 earnings per share $0.46 from continuing operations
Friday, 24 Feb 2017 07:30am EST 

E. W. Scripps Co : Scripps reports fourth-quarter 2016 results . Q4 earnings per share $0.46 from continuing operations . Q4 revenue $273 million versus I/B/E/S view $269.9 million . Q4 earnings per share view $0.42 -- Thomson Reuters I/B/E/S . Q4 earnings per share $0.09 from continuing operations excluding items . E. W. Scripps co - election-year political advertising revenue for television division was $56.2 million in q4 and $100.8 million for year . Sees Q1 television revenue flat . Sees Q1 television expense up mid-single digits . Sees 2017 television revenue down mid-single digits . Sees 2017 television expense up mid- to high-single digits .Sees 2017 capex $25 million.  Full Article

Scripps board of directors authorizes new $100 million share repurchase program
Tuesday, 8 Nov 2016 03:49pm EST 

E. W. Scripps Co : Authorized a new share repurchase program up to $100 million of company's Class A common shares . New share repurchase authorization runs from Jan. 1, 2017, to Dec. 31, 2018 .Scripps board of directors authorizes new $100 million share repurchase program.  Full Article

BRIEF-E. W. Scripps says ‍midroll Media announced new partnerships with NFL, Vox Media​

* Midroll Media announced new partnerships with NFL and Vox Media​ Source text for Eikon: Further company coverage: