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Earnings
EW Scripps Classified Declines Slow; Online-Only Ad Revs Soar

May 10, 2010 8:45 AM

Like most newspaper companies, EW Scripps (NYSE: SSP) is seeing a hint of light at the end of the tunnel. Thanks to cost-cutting efforts, the Cincinnati-based company slimmed its net losses to $880,000 ($0.02 cents a share from with a prior-year loss of $220.7 million ($4.12 per share), while revenue…

EPS* Rev. vs Q109 Net Inc. vs Q109
SSP Release Missed Analysts' Estimates Revenue Indicator 3.1% Net Income Indicator 60%
* vs. Analysts' Estimates: Beat Analysts' Estimates Beat Met Analysts' Estimates Met Missed Analysts' Estimates Missed
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Posted In: Media & Publishing, Newspapers, Money, Earnings, Companies, Scripps, E W Scripps

Scripps Sells Its Character Licensing Business To Iconix For $175 Million

Apr 27, 2010 4:41 PM

EW Scripps (NYSE: SSP), which said in late February that it was putting its United Media character licensing business up for sale, has now sold those operations to Iconix Brand Group for $175 million in cash. The deal means Iconix will take over the licensing of brands, such as “Peanuts”…

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Posted In: Money, M&A & Venture Capital, Mergers & Acquisitions, Companies, Scripps, E W Scripps, iconix

Earnings
Newspaper Earnings Preview: Cost-Cutting, Slowing Ad Declines Provide A Bit Of Breathing Room

Apr 15, 2010 8:13 PM

Over the past six months, newspaper earnings results have been relatively positive as Gannett (NYSE: GCI), the New York Times Co. (NYSE: NYT)  and McClatchy (NYSE: MNI) have returned to profitability and ad declines have abated. When Gannett kicks off the Q1 newspaper earnings season on Friday morning, analysts expect…

what to expect from the companies reporting »

Posted In: Money, Earnings, Companies, Gannett, McClatchy, New York Times, Scripps, E W Scripps

A Dozen National Broadcasters Align To Create One Mobile TV Network

Apr 13, 2010 3:47 PM

After working together for years through a trade association, a dozen broadcasters are now forming a financially-backed joint venture to develop a national mobile service, including live and on-demand video, local and national news and entertainment from both TV and print companies. The joint venture is upping the financial stakes…

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Posted In: Media & Publishing, TV, Mobile, Companies, Gannett, Hearst, NBC Universal, News Corp., Fox, Scripps, E W Scripps, belo, cox media, ion tv, media general, meredith, post-newsweek stations, raycom media

Industry Moves
Updated: Rusty Coats Resigns As Scripps Interactive Head; Leaving Newspaper Business Behind

Mar 5, 2010 12:59 PM

Newspaper website veteran Rusty Coats is leaving his post as VP of interactive for the newspaper division of The E. W. Scripps, E&P reports. In a memo (after the jump) sent to Scripps staffers, Coats, who was instrumental in establishing the Yahoo (NSDQ: YHOO) Newspaper Consortium, also said that he’s…

Memos from Coats and Scripps' Mark Contreras after the jump »

Posted In: Industry Moves, Media & Publishing, Newspapers, Companies, Scripps, E W Scripps, Yahoo, rusty coats

E W Scripps Looking To Sell Dilbert-Parent United Media

Feb 23, 2010 6:56 PM

E W Scripps, the newspaper and TV holding company, has decided to put its content and cartoons/comics licensing unit United Media on sale, it announced as part of its Q409 earnings results today. UM is responsible for licensing popular features such as “Peanuts” and “Dilbert”, among others, with the rationale…

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Posted In: Media & Publishing, Newspapers, Money, M&A & Venture Capital, Mergers & Acquisitions, Companies, Scripps, E W Scripps, united media

Earnings
EW Scripps Net Loss Widens, Online Revs Drop 20 Percent

Nov 5, 2009 10:07 AM

EW Scripps (NYSE: SSP), the newspaper and TV media company (not to be confused with its cable net sibling, Scripps Interactive), saw its net loss worsen in Q3 as revenues fell 19 percent. Much of the trouble centered on the loss of political advertising this year versus last year. While…

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Posted In: Media & Publishing, Newspapers, Money, Earnings, Companies, Scripps, E W Scripps

E W Scripps Reorgs Newspaper Division

Aug 25, 2009 9:46 PM

E W Scripps, the newspaper and TV media company, has started its reorg process, reshuffling the management overseeing its 13 daily newspapers with an eye toward putting “increased emphasis on community-changing local content and peak-performing advertising sales,” in their own humble words (via E&P). The company has created an operating…

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Posted In: Media & Publishing, Newspapers, Companies, Scripps, E W Scripps

Earnings
Earnings: E W Scripps’ Revs Down 23 Percent; Digital Down 25 Percent

Aug 10, 2009 8:02 AM

E W Scripps, the newspaper and TV station media company, has reported its Q209 numbers, and it swung to a Q209 profit, but the topline number is deceiving in comparison because of a $525 million impairment charge it took in Q208 last year on its newspaper biz. On revenue side,…

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Posted In: Money, Earnings, Companies, Scripps, E W Scripps

Earnings
Earnings Recap: Traditional Media Companies Offer Some New Details On Digital

May 8, 2009 2:01 PM

Traditional media companies aren’t known for being forthcoming when it comes to sharing details about their digital operations—as of just a few quarters ago, Disney (NYSE: DIS) didn’t even break out its digital results separately. But this week, several companies provided a few new insights into their digital strategies. Here’s…

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Posted In: Entertainment, Media & Publishing, Money, Earnings, Companies, Disney, News Corp., Scripps, E W Scripps

Earnings
Earnings: EW Scripps Posts $221 Million Loss; Revenue Down 20 Percent

May 4, 2009 7:13 AM

The problems of the newspaper industry were on full display in EW Scripps’ first quarter, as the publisher swung to a $221 million loss and its revenues dropped 20 percent to $205 million. The loss represented $4.12 per share. Thomson Reuters (NSDQ: TRIN) analysts estimated that the Cincinnati publisher and…

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Posted In: Advertising, Media & Publishing, Newspapers, Money, Earnings, Companies, Scripps, E W Scripps

End Of The Line For Rocky Mountain News; Misses 150th Birthday By Two Months

Feb 26, 2009 3:02 PM

Just two months shy of its 150th birthday, EW Scripps (NYSE: SSP) will close Denver’s Rocky Mountain News, the paper reported (via Romenesko).  In December, Scripps said it would fold the paper unless it could find a buyer. Considering the woeful state of the newspaper market in general these days—and…

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Posted In: Media & Publishing, Newspapers, Companies, Scripps, E W Scripps, rocky mountain news

Newspaper Roundup: Seattle P-I; Wash. State Newspaper Stimulus; EW Scripps; Media General

Feb 19, 2009 1:38 PM

—Seattle P-I union to the rescue?: As the clock ticks down on whether Hearst will sell, fold or turn its Seattle Post-Intelligencer into a digital-only property, the paper’s union is considering making a buyout offer of its own. The Pacific Northwest Newspaper Guild is trying to see if enough members…

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Posted In: Media & Publishing, Newspapers, Companies, Hearst, Scripps, E W Scripps

Earnings
Earnings: E.W. Scripps Posts Loss On $48.8 Million In Writedowns

Feb 19, 2009 7:51 AM

Pointing to the same set of troubles pressing down on the newspaper industry, E.W. Scripps (NYSE: SSP) posted an operating income loss of $19.4 million before taxes and “minority interests” while its revenues decreased 6.2 percent to $265 million in Q4. And in another sign of how the economy has…

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Posted In: Media & Publishing, Newspapers, Money, Earnings, Companies, Scripps, E W Scripps

@ UBS Media Week: As Newspapers Struggle, Appreciation Flows To Online Partners Like CareerBuilder

Dec 10, 2008 3:02 PM

Classified ads continue to be battered online and off, hence, newspaper companies have been singing the praises of their online partners this week at the UBS Global Media and Communications (PDF) conference. Earlier on Wednesday, Gannett (NYSE: GCI) praised CareerBuilder for supplying 80 percent of its interactive revenues for Q4;…

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Posted In: Advertising, Media & Publishing, Newspapers, Companies, Scripps, E W Scripps, Yahoo

Newspaper Roundup: Tribune Cuts 11; Bakersfield Cuts 25; Scripps To Sell Rocky Mountain News

Dec 5, 2008 1:42 PM

—Chicago Tribune cuts 11 jobs: As part of those layoffs, The Tribune Company flagship is also letting its two New York correspondents go. Tribune Editor Gerould Kern said this is probably it for layoffs this year—there’s just little more than three weeks to go anyway—but offered no assurances that the…

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Posted In: Jobs & Layoffs, Media & Publishing, Newspapers, Companies, Scripps, E W Scripps, Tribune, layoffs

Industry Moves
Industry Moves: EW Scripps; EA; NEA; Disaboom; CitizenHawk

Nov 7, 2008 4:27 PM

—E.W. Scripps: Broadcasting veteran Brian Lawlor has been tapped to lead the company’s TV division as its SVP. Effective Jan 1, 2009, when Bill Peterson retires, Lawlor will oversee the 10 stations plus digital businesses. Since the beginning of this year, he has been corporate VP-sales for the TV division,…

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Posted In: Advertising, Industry Moves, Marketing, Social Media, Community, Companies, Scripps, E W Scripps

Earnings
Earnings: EW Scripps Swings To Loss; Cuts 400 Jobs; Online Newspaper Revs Fall 12 Percent

Nov 7, 2008 8:21 AM

With the first quarter that has EW Scripps (NYSE: SSP) reporting as a separate company from Scripps Interactive (NYSE: SNI), the newspaper/broadcaster said it will suspend its dividend payment to give it more flexibility as economic conditions worsen. The company also said about 400 newspaper jobs will be cut in…

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Posted In: Advertising, Media & Publishing, Newspapers, Money, Earnings, Companies, Scripps, E W Scripps

Zillow, Newspapers Launch Real Estate Ad Network; Looking To Each Other’s Strengths

Sep 8, 2008 12:32 AM

Last fall, 11 newspaper publishers agreed to let real estate upstart Zillow.com carry the real estate listings from their 282 papers. Now, the Zillow Newspaper Consortium, which includes Hearst and Lee Enterprises (NYSE: LEE), and the price-comparison site are launching a real estate ad network with the right to sell…

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Posted In: Advertising, Media & Publishing, Newspapers, Companies, Hearst, Scripps, E W Scripps, zillow

Not The Typical Quarter: Newspaper Websites’ Revenue Growth Interrupted In Q2; Slowdown Continues

Aug 18, 2008 11:39 AM

When newspaper companies released their quarterly earnings for the past two years, the news tended to follow this arc: circ, print ad revenues tended to be down, while online kept on growing. But for a number of major publishers, this past Q2 witnessed online declines by Tribune (-4 percent), AH…

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Posted In: Advertising, Media & Publishing, Newspapers, Companies, McClatchy, Scripps, E W Scripps, Tribune, Washington Post

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