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Scripps Agrees To Sell Podcasting Business To SiriusXM For $325 Million
Scripps Reports First-Quarter 2020 Results
Scripps CEO And Executives Take Pay Cut; Money Will Go To Employee Assistance Fund
E. W. Scripps Company is a media enterprise with interests in local and national media brands. The Company operates through segments, including Local Media and National Media. Local Media segment is comprised of its approximately 60 local broadcast television stations and their related digital operations. Its television station group includes approximately 18 ABC affiliates, 11 NBC affiliates, nine CBS affiliates and four FOX affiliates. It also has approximately 13 CW affiliates: five on full power stations and eight on multicast; two MyNetwork TV affiliates; two independent stations and nine additional low power stations. National Media segment represents its collection of national and international businesses, including Katz, Stitcher, Newsy and Triton.
Broadcasting & Cable TV
312 Walnut St
Richard A. Boehne
Non-Executive Chairman of the Board
Adam P. Symson
President, Chief Executive Officer, Director
Lisa Ann Knutson
Chief Financial Officer, Executive Vice President
Brian G. Lawlor
President - Local Media
Executive Vice President, General Counsel
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Sirius XM Holdings Inc said on Monday it will buy E.W. Scripps Co's podcast business, Stitcher, for up to $325 million, as the U.S. satellite radio company pushes further into the podcast space.
The U.S. Justice Department said on Monday it had settled antitrust charges with CBS Corp, Cox Enterprises Inc, E.W. Scripps Co, Fox Corp and Tegna Inc, which were accused of sharing competitively sensitive information.
Nexstar Media Group said on Wednesday it would sell 11 television stations to Tegna Inc and eight to E.W. Scripps Co for about $1.32 billion in cash.
Nexstar Media Group is selling 19 television stations to Tegna Inc and E.W. Scripps Co for $1.3 billion to satisfy regulatory demands before it buys Tribune Media Co , it said on Wednesday.
** Shares of the owner of Discovery Channel and Animal Planet down ~7 pct, top pct loser on the S&P 500 index
Discovery Inc <DISCA.O> missed analyst estimates for quarterly profit on Tuesday, as the owner of Discovery Channel and Animal Planet took on more costs related to integration of the recently acquired Scripps network.
Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.