Networks, streamers band together to oppose FCC changes
The Preserve Viewer Choice Coalition pits major broadcast network owners against local affiliate groups in the fight over the streaming television industry’s future.
The E. W. Scripps Company (Scripps) [$SSP] is a mass media conglomerate that owns local television stations, digital broadcast networks and streaming television channels. The company operates the Ion Television Network, Scripps News (formerly Newsy), Court TV and dozens of local television stations. It also operates Bounce, Grit, True Real and Defy TV through its Katz Broadcasting subsidiary. Scripps is based in Cincinnati, Ohio.
The Preserve Viewer Choice Coalition pits major broadcast network owners against local affiliate groups in the fight over the streaming television industry’s future.
The goal of the Coalition for Local News is to change federal regulations, so streaming services are required to negotiate carriage deals with broadcasters directly.
Scripps has debuted two new free, ad-supported streaming television channels: Laff More and Court TV Legendary Trials.
Scripps News will start syndicating some of its programming to 25 broadcast TV stations across the country, with more partners announced this fall.
A coalition of media brands joined forces this week to launch a new pro-competition industry group focused on streaming television.
Cox Media, Paramount Global and Fox Corporation have agreed to pay $48 million and cooperate in litigation against other media companies.
The E. W. Scripps Company’s free streaming news channel Scripps News received three National Headliner Awards this week.
Continued ad market woes contributed to lower revenue for Scripps, though the company said conditions are improving.
Scripps has become the latest broadcaster to land a lucrative deal with a pro sports team over the last few weeks.
The free news channel will broadcast live during most of the weekday, starting in May.