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Scripps to launch Scripps Sports Network streaming channel
Globenewswire· 2026-03-23 14:00
Includes women’s live sports and original, premium programmingNew 24/7 streaming network100+ live games, including Professional Women’s Hockey League, National Women’s Soccer League, Major League Volleyball, slated for 2026100+ hours of Women’s National Basketball Association contentOriginal series, acclaimed documentaries, sports talk and more premium programmingDebuts March 24 with broad distribution on streaming servicesState Farm® signs on as founding advertising partner CINCINNATI, March 23, 2026 (GLOB ...
X @BSCN
BSCN· 2026-03-12 10:31
🚨NEW: $ION SET TO LIST ON MEXC AND BINGX@Ice_Blockchain's $ION is expanding its exchange footprint, with a confirmed listing on @MEXC_Official on March 13 at 10:00 UTC and a simultaneous launch on BingX Xpool.MEXC is running a 17,580,000 $ION + 25,000 USDT Airdrop+ campaign for new users, while BingX offers 20,000,000 ION Points across $ION and $USDT staking pools running March 11-14.The dual listing follows $ION's recent PancakeSwap launch and over $1.5M in initial liquidity. ...
X @BSCN
BSCN· 2026-03-07 09:13
⚡️MILESTONE: ION ROLLS OUT LATEST VERSIONS OF PUMP IT EXTENSION AND ONLINE+ TO BETA TESTERS@ice_blockchain recently disclosed that it is entering the final phase of testing before the public launch of Tokenized Communities.This is possible because the @pumpit_now Chrome extension and Online+ have just been shared with their beta testers.Once the extension goes live, it will allow creators to launch tokens and communities for direct trading. powered by $ION on @BNBCHAIN. ...
X @BSCN
BSCN· 2026-03-05 09:52
❄️ICE NETWORK FOUNDER RESPONDS TO CRITICS: "TALK IS CHEAP."@Ice_blockchain Founder Zeus on X (@ice_z3us) has taken a dig at people spreading "FUD" following $ION listing on PancakeSwap DEX."The same people spreading FUD are the ones who never build anything. We don’t negotiate with clout-chasers. Talk is cheap. Shipping isn’t," the post read.The listing sparked mixed reactions on X, with some users demanding that the platform disclose CEX listings.However, Ice Network stated that "Additional Exchange listin ...
Scripps agrees to purchase WTVQ in Lexington, Kentucky, from Morris Network, Inc. for $15.8 million
Globenewswire· 2026-03-04 19:00
Core Insights - The E.W. Scripps Company has agreed to acquire WTVQ, the ABC affiliate in Lexington, Kentucky, for $15.8 million, creating a duopoly with its existing NBC affiliate, WLEX [1] - This acquisition is part of Scripps' strategy to enhance its local television portfolio and strengthen its presence in the Lexington market [2][3] Group 1: Acquisition Details - The acquisition of WTVQ is aimed at deepening Scripps' commitment to the Lexington market, allowing for increased local journalism and community connection [2] - The transaction is subject to federal regulatory approvals, and in the interim, Scripps will provide programming and marketing services for WTVQ [2] Group 2: Strategic Moves - The purchase follows recent strategic actions by Scripps, including the sale of WFTX in Ft. Myers and an upcoming sale of WRTV in Indianapolis [3] - Scripps has also re-acquired 23 ION-affiliated stations for approximately $54 million, which is expected to enhance the profit and margin of its Networks division [4]
X @BSCN
BSCN· 2026-03-03 10:09
🚨JUST IN: $ION GOES LIVE ON PANCAKESWAP WITH ADDITIONAL EXCHANGE LISTINGS COMING SOON@Ice_blockchain has announced that $ION is now live on @BNBCHAIN. The team disclosed that over $1.5M has been added in liquidity."Additional Exchange listings are coming soon."Additionally, Tokenized Communities are entering the final phase of testing, and @PUMPit_now is close to launch. ...
Scripps reports Q4 2025 financial results
Globenewswire· 2026-02-25 21:15
Core Insights - The E.W. Scripps Company reported $560 million in revenue for Q4 2025, a decrease of 23% or $168 million from the previous year, with a loss attributable to shareholders of $44.9 million or 51 cents per share [1][7][8]. Financial Performance - The company experienced a significant decline in revenue, with Local Media revenue at $360 million, down 30% year-over-year, and Scripps Networks revenue at $199 million, down 7.7% [9][11]. - Total operating revenues for the year were $2.2 billion, a decrease of 14% or $359 million from the prior year [16]. - The loss attributable to shareholders for the year was $164 million or $1.87 per share, compared to a profit of $87.6 million or $1.01 per share in the previous year [17]. Segment Performance - Local Media segment profit fell to $50 million, a 74.8% decrease from the prior year, while Scripps Networks segment profit increased by 4.6% to $63.5 million [10][11]. - Core advertising revenue in the Local Media segment increased by 12% to $165 million, while political revenue dropped significantly to $9 million from $174 million in the prior year [15]. Strategic Initiatives - The company announced a transformation plan targeting annualized enterprise EBITDA growth of $125 million to $150 million by 2028, leveraging technology such as AI and automation [4][6]. - Scripps is well-positioned to benefit from record mid-term election spending, with political advertising projected to reach nearly $11 billion in 2026 [3][6]. Financial Condition - As of December 31, cash and cash equivalents totaled $27.9 million, with total debt at $2.6 billion [12]. - The company issued $1.6 billion in new long-term debt during 2025 and made significant payments on existing debt, totaling $2 billion [13]. Future Outlook - For Q1 2026, Scripps expects Local Media revenue to grow in the low- to mid-single-digit percent range, while Scripps Networks revenue is anticipated to decline in the high-single-digit percent range [19]. - The company plans to close on the sale of its Fox affiliate WFTX and ABC affiliate WRTV, with proceeds expected to total $123 million [6].
Scripps appoints VP, network sports and client partnerships to connect advertisers with sports portfolio
Globenewswire· 2026-02-18 16:00
Core Insights - The E.W. Scripps Company has appointed Oliver Gray as vice president of network sports and client partnerships to enhance growth in its sports and entertainment platforms [1][2] Group 1: Appointment and Role - Oliver Gray will lead initiatives to connect national advertisers with Scripps' platforms, particularly its expanding sports portfolio [2] - He will collaborate with Scripps' network sales and Scripps Sports teams to create integrated brand partnerships aimed at increasing revenue [2] Group 2: Background and Experience - Gray has over 15 years of experience in sports sponsorship and national media advertising sales, with a proven track record in driving revenue growth [4] - His previous role at Overtime involved leading a sales team that surpassed revenue goals and secured business from major brands such as Dunkin, Hershey, and Coca-Cola [4][5] - Gray has also been involved in Amazon's partnership with the NFL for "Thursday Night Football" and has held leadership positions at CNN and Discovery Communications [5] Group 3: Company Overview - The E.W. Scripps Company is a diversified media entity, operating over 60 stations across more than 40 markets in the U.S. [6] - Scripps is recognized as the largest local TV broadcaster in the nation and has a significant presence in national news and entertainment [6] - The company also serves professional and college sports leagues, with a national broadcast reach of up to 100% of TV households [6]
Scripps launches transformation plan expected to yield $125-150 million in annualized EBITDA improvement by 2028
Globenewswire· 2026-02-11 14:15
Core Insights - The E.W. Scripps Company has initiated a transformation plan aimed at enhancing operating performance and achieving annualized enterprise EBITDA growth of $125 million to $150 million by 2028 [1][2][3] Group 1: Transformation Plan - The transformation plan will focus on cost savings and revenue growth initiatives, utilizing technology such as AI and automation to improve revenue yield [1][2] - A team of 200 leaders has been assembled to implement the transformation, which aims to expand into new and profitable marketplaces [4] Group 2: Commitment to Programming - Scripps reaffirms its dedication to local and national news, sports, and entertainment programming, emphasizing the importance of connection for communities [2][4] - The company’s new vision, "We Create Connection," aligns with its founding mission and values, adapting them to modern operational principles [2][4] Group 3: Financial Outlook - Scripps anticipates that its financial performance in 2026 will be supported by significant mid-term election spending, the Winter Olympics, and World Cup competitions [2] - The company will provide further details on its transformation plan and financial expectations during its earnings call on February 26 [4]
X @BSCN
BSCN· 2026-01-30 19:36
@ice_blockchain Learn more about $ION here!https://t.co/uxA3B5G4A6BSCN (@BSCNews):https://t.co/8GCq0FX0ni ...