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]

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]

Core Insights - The E.W. Scripps Company has expanded its streaming offerings by making six national channels available on Peacock, enhancing its content reach and viewer engagement [1][4]. Company Overview - The E.W. Scripps Company (NASDAQ: SSP) is a diversified media company with a focus on local journalism and operates over 60 stations across more than 40 markets in the U.S. [3] - Scripps is recognized as the largest holder of broadcast spectrum in the nation and serves various audiences through its national news outlets and entertainment brands [3][5]. Streaming Service Details - Peacock, owned by NBCUniversal, provides a wide array of content including current NBC and Bravo series, exclusive Originals, and live sports events, positioning itself as a comprehensive entertainment platform [4]. - The addition of Scripps' channels to Peacock includes ION, ION Mystery, Bounce, Court TV, Court TV Legendary Trials, and Scripps News, which cater to diverse viewer interests [1][2]. Channel Programming Highlights - ION features a broad programming lineup including women's sports and popular off-network series [5]. - ION Mystery offers binge-worthy dramas and docuseries, while Court TV focuses on live coverage and analysis of significant trials [5]. - Bounce targets African American audiences with a mix of original series, movies, and specials [5]. - Scripps News emphasizes objective reporting and in-depth storytelling [5].

Core Viewpoint - The E.W. Scripps Company has initiated a private offering of $650 million in new senior secured second-lien notes, maturing in 2030, to improve its financial position and manage existing debt [1][3]. Group 1: Offering Details - The offering is subject to market conditions and is exempt from the registration requirements of the Securities Act of 1933 [2][4]. - The notes will be guaranteed by certain existing and future subsidiaries and secured on a second-lien basis by substantially all of the company's assets [2][4]. Group 2: Use of Proceeds - The net proceeds from the offering will be used to redeem all outstanding 5.875% senior notes due in 2027, pre-pay a portion of existing borrowings under the term loan B-2 facility due in 2028, and cover transaction-related fees and expenses [3]. Group 3: Company Overview - The E.W. Scripps Company is a diversified media entity, operating over 60 local TV stations across more than 40 markets in the U.S. and providing quality local journalism [7]. - The company also operates national news outlets and entertainment brands, and is the largest holder of broadcast spectrum in the nation [7].