Nexstar to close Tribune Media deal on Thursday: memo
Chief Executive Peter Kern is also expected to depart the combined company shortly after the deal closes, according to the memo.
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.
Chief Executive Peter Kern is also expected to depart the combined company shortly after the deal closes, according to the memo.