The E.W. Scripps Company at UBS TMT Conference Dec. 8, 2020 SCRIPPS 2 | --- | --- | |------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- ...

Financial Data and Key Metrics Changes - The company expects to generate more than $280 million in free cash flow for 2020, translating to $3.42 of free cash flow per share, exceeding pre-pandemic expectations [6][22] - Political advertising revenue reached a record $265 million for the full year 2020, a 35% increase over the previous record year, 2018 [14] - The company's income from continuing operations was $0.76 per share, with total debt at $1.9 billion and cash totaling $129 million as of September 30 [21][22] Business Line Data and Key Metrics Changes - Local Media core advertising revenue decreased by 18% due to pandemic-related advertising slowdown, but is expected to improve by 10% in Q4 compared to Q3 [15] - National Media division revenue grew 14% year-over-year to $89 million, with all three national businesses contributing to this growth [18] - Local Media segment profit was $145 million, marking the strongest third quarter profit number ever for the division [17] Market Data and Key Metrics Changes - The company expects to end the year with $581 million in retransmission revenue, despite a slight decline expected in Q4 due to a one-time catch-up payment from Dish Network [16] - The net leverage at the end of Q3 was 5.3x, down from 5.8x at the end of Q2, with expectations to end the year at 4.2x [22] Company Strategy and Development Direction - The acquisition of ION Media is expected to boost revenue to over $2.5 billion annually and double company EBITDA in the first full year of ownership, with anticipated synergies of over $500 million [10][23] - The company is focused on improving the operating performance of its local media portfolio through strategic acquisitions and execution [8] Management Comments on Operating Environment and Future Outlook - Management expressed confidence in the company's ability to emerge stronger from the pandemic, citing record high-margin political dollars and solid core performance [11] - The company anticipates continued margin expansion in the National Media division, expecting to approach a 20% margin by the end of Q4 [19] Other Important Information - The company has implemented various cost-saving initiatives, resulting in a 1% decrease in Local Media expenses year-over-year [17] - The company is on track with $75 million in expense control measures, having realized about $54 million of savings year-to-date [20] Q&A Session Summary Question: Visibility into ION's third quarter results and fourth quarter outlook - Management indicated they have some visibility and are seeing strong demand trends similar to their National division [36] Question: Core advertising revenue performance in October and November - Management noted significant displacement in October but saw improvement in November, particularly in the auto and service categories [40][41] Question: Long-term outlook for net retrans growth - Management stated that successful contract renewals are driving gross retrans revenue growth over 30% on a same-station basis [45] Question: Performance of Katz and Newsy networks - Katz networks are experiencing growth, with Court TV's viewership up 120% year-over-year, while Newsy has seen significant political revenue growth due to increased demand for connected TV [99][60] Question: Long-term net-debt-to-EBITDA target ratio - Management aims for a long-term target in the mid-3s for net-debt-to-EBITDA ratio [81]

☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2020 OR UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number 001-10701 THE E.W. SCRIPPS COMPANY (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporation or ...

Scripps Investment Highlights Second-Quarter 2020 and Beyond August 2020 SCRIPPS | --- | --- | |---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|---------------------------------------------------------------------------------------- ...

The E.W. Scripps Company (NASDAQ:SSP) Q2 2020 Earnings Conference Call August 7, 2020 9:30 AM ET Company Participants Carolyn Micheli - Senior Vice President, Corporate Communications and Investor Relations Adam Symson - President and Chief Executive Officer Lisa Knutson - Chief Financial Officer Brian Lawlor - President, Local Media Laura Tomlin - Executive Vice President, National Media Doug Lyons - Controller and Treasurer Conference Call Participants Kyle Evans - Stephens Michael Kupinski - Noble Capita ...

OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number 001-10701 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2020 THE E.W. SCRIPPS COMPANY Cincinnati, Ohio 45202 (Address of principal executive offices) (Zip Code) Registrant's telephone number, inc ...

T 日 日 Baird Investor Conference June 3, 2020 SCRIPPS | --- | --- | |---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|-------------------------------------------------------------------------------------------------------------------- ...

Start Time: 09:30 January 1, 0000 10:32 AM ET The E.W. Scripps Company (NASDAQ:SSP) Q1 2020 Earnings Conference Call May 08, 2020, 09:30 AM ET Company Participants Adam Symson - President and CEO Lisa Knutson - CFO Brian Lawlor - Local Media President Laura Tomlin - National Media Executive Vice President Doug Lyon - Controller and Treasurer Carolyn Micheli - Head of IR Conference Call Participants John Janedis - Wolfe Research Kyle Evans - Stephens Dan Kurnos - The Benchmark Company Davis Hebert - Wells Fa ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2020 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number 001-10701 THE E.W. SCRIPPS COMPANY (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporation or orga ...

The E.W. Scripps Company (NASDAQ:SSP) Q4 2019 Earnings Conference Call February 28, 2020 9:30 AM ET Company Participants Carolyn Micheli - Head of IR Lisa Knutson - CFO Brian Lawlor - Local Media President Laura Tomlin - National Media Executive Vice President Adam Symson - President and CEO Doug Lyon - Controller and Treasurer Conference Call Participants Dan Kurnos - Benchmark Michael Kupinski - Noble Capital Steven Cahall - Wells Fargo Kyle Evans - Stephens Craig Huber - Huber Research Partners David Coh ...