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EW Scripps


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Scripps takes charge

Cincinnati-based E. W. Scripps Company has claimed a non-cash charge of $874 million from impaired goodwill and over-valuations of the media giant's newspaper segment to take its second-quarter results to a $531 million loss.

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Industry Moves: Rusty Coats To Head Scripps Newspapers' Digital Head

Rusty Coats, an online vet in the newspaper industry and a good friend of ours, has been named VP of interactive for the newspaper division of The E. W. Scripps ( NYSE: SSP ) Company. Coats, 42, will lead the newspaper division's Internet strategy, working closely with the division's publishers. EWS is the newspaper part of the company which just split off from the cable/interactive part called Scripps...

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The E.W. Scripps Co. Q2 2008 Earnings Call Transcript

The E. W. Scripps Company. (SSP) Q2 FY08 Earnings Call Complete Story »

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UPDATE 1-EW Scripps income falls on spin-off costs

NEW YORK, July 24 (Reuters) - EW Scripps Co , a newspaper publisher and television station owner, reported a drop in second-quarter income because of charges related to spinning off its cable TV networks and online businesses earlier this month.

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Scripps Profit Plummets by Nearly Half

Second-quarter profit at EW Scripps fell by 48 percent on revenue decline at its newspaper properties and costs related to ; the company warned that third-quarter earnings would fall short of analyst...

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Earnings: Scripps Q2 up 3.8 Percent; Op Income Slips

The separation of EW Scripps ( NYSE: SSP ) and Scripps Interactive occurred on July 1, the day after Q2 ended, so this will be the last time the two Scripps report as one company: Total combined revenue for the quarter was $664.1 million, a 3.8 percent increase from $640.0 in the year-ago quarter. Net income comparisons were affected by a debt repurchase, but op income slipped 1.3 percent to $163.6...

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Scripps' 2 stocks: One up one down

Wall Street investors in the two companies formed out of the E.W. Scripps Co. on Tuesday seemed to choose new media over old media.

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Shares of Rocky owner fall 5.6% after spinoff

Shares of E.W. Scripps Co., owner of 17 daily newspapers including the Rocky Mountain News and 10 television stations, fell 5.6 percent on the New York Stock Exchange after completing the spinoff of its cable-TV unit on Tuesday.

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E.W. Scripps Is Splitting Off a Fast Growing Division

Julia Boorstin submits: As of yesterday, E.W. Scripps (SSP) is officially splitting into two public companies; slow growth old media, and the faster growing cable and new media divisions. Scripps Networks Interactive is the one on the rise and it includes the highly-rated and highly-profitable cable TV networks, including HGTV, Food Network, DIY Network, and Great American Country. It's bundling these...

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Scripps evolves into two companies

The E. W. Scripps Co., which owned the Albuquerque Tribune, the afternoon daily it shut down in February, officially became two companies Tuesday, one operating struggling newspapers and local TV stations, and the other running more-successful cable channels and online businesses. (SSP)

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Rocky owner Scripps now 2 companies

The E.W. Scripps Co., which owns Denver's Rocky Mountain News, officially became two companies Tuesday, one operating struggling newspapers and local TV stations, and the other running more-successful cable channels and online businesses. (SSP)

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Scripps Splits, Releases Papers + Local TV

EW Scripps has split itself into two companies: one featuring local TV stations and print newspapers (EW Scripps) and the other combining its online and cable TV properties (Scripps Networks Interactive). It’s a pretty clear case of growth vs. stasis, “new media” vs. “old media” in the minds of Scripps executives. The new SNI (the other [...]

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EW Scripps shares fall nearly 10 pct on first day

NEW YORK (Reuters) - EW Scripps Co shares fell nearly 10 percent on their first day of trading on Tuesday after the company spun off its Internet and cable television properties into Scripps Networks Interactive Inc .

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Now You Can Own a Piece of Food Network

Now you can help build your nest egg with a little bit of Tyler Florence because today marked the first day of trading for the spin-off Scripps Networks Interactive Inc. Well, sure...you always could have bought a share of former parent company E.W. Scripps at one point or another, but whatever. According to that article, E.W. Scripps shareholders will receive one share of the new stock for every SSP...

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Scripps' Cable And Web Unit Starts Trading Sans Newspapers And Local TV

Want to know what a pure-play cable TV-and-Internet company trades like? Now you have a chance. Scripps Networks Interactive starts trading today on the NYSE under ticker symbol "SNI." The E.W. Scripps (SSP) company announced in October it would separate its cable-and-Internet unit to from the albatross of daily newspapers and local broadcast TV, which make up the bulk of Scripps' holdings. What does...