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The E.W. Scripps Company (SSP) investor relations material
The E.W. Scripps Company Noble Capital Markets Emerging Growth Conference summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Company overview and business segments
Nearly 150 years old, currently focused on television with national and local segments.
Operates eight national networks, including ION, Court TV, Bounce, and Grit.
Owns over 60 local TV stations in 41 markets, mostly Big Four affiliates.
Reported $2.5 billion in revenue and just under $600 million in Adjusted EBITDA last year.
Strategic positioning and growth drivers
Local broadcast faces legacy headwinds, addressed by leaning into sports and digital strategies.
Sports partnerships with NHL teams like the Florida Panthers and Tampa Bay Lightning drive reach and ad revenue.
Political advertising hit a record $343 million in 2024, with strong expectations for 2026.
Focus on making content available via digital and connected TV platforms.
Core advertising and market trends
Core ad revenue up 2% in Q3 and guided to 10% growth in Q4, outperforming industry trends.
Sports properties and improved monetization are key growth factors.
Automotive advertising faces headwinds, but services, home improvement, and retail remain strong.
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