Scripps increases overall revenue to $2.5 billion in 2024
Scripps grew its operating income by 9 percent during 2024, but the company warned of possible turbulence in its local TV segment throughout 2025.
Scripps grew its operating income by 9 percent during 2024, but the company warned of possible turbulence in its local TV segment throughout 2025.
Employees at nearly a dozen TV stations were affected by the layoffs, according to a spokesperson.
Court TV and Scripps News will jointly produce a TV special that examines the assassination of CEO Brian Thompson and the apprehension of murder suspect Luigi Mangione.
Kerry Oslund, Christina Hartman and Keith St. Peter will help develop and deploy new AI strategies within the company.
The journalists will continue to be paid through the end of the year, the company affirmed in a letter to a state labor office.
MSNBC scored a major win, with its overall Election Night viewership topping CNN for the first time in TV history.
Scripps reported a record $646 million in overall revenue during Q3, spurred in large part by an uptick in political ad spending against local TV channels.
Scripps News will tap into a network of anchors, analysts and regional correspondents for its comprehensive coverage of Election Night, the company confirmed this week.
In a statement, Simon acknowledged the turbulent evolution that Scripps News is going through, while promising that the brand’s commitment to journalism remains unchanged.
The CEO of Scripps said the company took on a significant amount of debt to purchase Ion three years ago, which informed certain recent cost-cutting measures.
Brands that purchase advertising against news content see an increase in reputation, trust and awareness, according to a new consumer study.
Her departure coincides with the winding down of the Scripps News brand as a national TV channel.