E.W. Scripps Company Q1 2025 Financial Results

CINCINNATI, May 8, 2025 — The E.W. Scripps Company (NASDAQ: SSP), a prominent operator of television stations and multimedia news platforms in the United States, reported its financial results for the first quarter of 2025. The company achieved $524 million in revenue for the quarter. However, it reported a loss attributable to shareholders of $18.8 million, or 22 cents per share.

The E.W. Scripps Company, headquartered in Cincinnati, operates within the Communication Services sector, specifically in the Media industry. As of May 5, 2025, the company’s stock closed at $2.34, with a market capitalization of approximately $168.52 million. The company’s 52-week high was $4.12, recorded on May 12, 2024, and its 52-week low was $1.36, noted on March 10, 2025. The price-to-earnings ratio stood at 1.93.

In addition to its financial performance, the company is known for its multiplatform news network, which allows it to reach growing audiences through its broadcast networks. This quarter’s financial results reflect the challenges and opportunities faced by the company in the dynamic media landscape.

Programmatic Solution for Local Linear TV

In a significant development for the advertising industry, ITN and Magnite have launched the first programmatic solution for local linear TV advertising in the U.S. market. This collaboration between Magnite (MGNI) and ITN enables advertisers to transact live linear ads from local TV stations, marking a groundbreaking advancement in the way local TV advertising is bought and sold.

This initiative is expected to enhance the efficiency and reach of local TV advertising, providing advertisers with more precise targeting options and streamlined ad transactions. The partnership underscores the evolving landscape of media and advertising, where digital and traditional platforms are increasingly integrated.

Scripps National Spelling Bee

In a celebration of its 100th anniversary, the Scripps National Spelling Bee will host 243 top young spellers from May 27-29 at National Harbor, Maryland. This historic event continues to be a prestigious competition for young spellers across the United States, showcasing their spelling prowess and dedication.

The E.W. Scripps Company, known for its commitment to educational and cultural initiatives, continues to support this iconic event, which has become a cherished tradition in American education and media.

These developments highlight the diverse activities and strategic initiatives undertaken by The E.W. Scripps Company as it navigates the evolving media and advertising landscape.