E. W. Scripps Company

The E. W. Scripps Company
Company typePublic
  • NasdaqSSP (Class A) (1988–1991; 2018–present)
  • NYSE: SSP (1991–2018)
IndustryBroadcast television
FoundedNovember 2, 1878; 146 years ago (November 2, 1878) (as the Penny Press) in Cleveland, Ohio, U.S.
FounderEdward W. Scripps
HeadquartersScripps Center, ,
U.S.
Key people
RevenueDecrease US$2.29 billion (2023)
Decrease US$−753 million (2023)
Decrease US$−948 million (2023)
Total assetsDecrease US$5.41 billion (2023)
Total equityDecrease US$1.16 billion (2023)
Number of employees
c. 5,200 (2023)
Divisions
Websitescripps.com
Footnotes / references
[1]

The E. W. Scripps Company, also known as Scripps, is an American broadcasting company founded in 1878 as a chain of daily newspapers by Edward Willis "E. W." Scripps and his sister, Ellen Browning Scripps. It was also formerly a media conglomerate. The company is headquartered at the Scripps Center in Cincinnati, Ohio.[2] Its corporate motto is "Give light and the people will find their own way", which is symbolized by the media empire's longtime lighthouse logo.[3] In terms of market reach, Scripps is the second largest operator of ABC affiliates, behind the Sinclair Broadcast Group, and ahead of Hearst Television and Tegna. Scripps also owns a number of free-to-air multi-genre digital subchannel multicast networks through its Scripps Networks division, including the Ion Television network and Scripps News.

The company started out in the newspaper business, expanding into radio in the mid-1930s and television in the mid-1940s. It sold off its newspaper holdings in 2014 and exited radio in 2018.

  1. ^ "E.W. Scripps Co. 2023 Annual Report (Form 10-K)". SEC.gov. U.S. Securities and Exchange Commission. February 23, 2024. pp. 13, F-19, F-20.
  2. ^ "SSP Profile & Executives – EW Scripps Co – Bloomberg". bloomberg.com. Retrieved October 18, 2012.
  3. ^ Osborne, Kevin (February 21, 2007). "Cover Story: The Light Dims". Cincinnati CityBeat. Cincinnati, Ohio: Lightborne Publishing. Retrieved August 28, 2011. The corporate motto for Cincinnati-based media chain E.W. Scripps Co. is a quote from Ella: 'Give light and the people will find their own way', which the lighthouse logo has come to symbolize.====