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Slide #59. The E.W. Scripps Company — Newsy
The E.W. Scripps Company (NASDAQ:SSP)
The E.W. Scripps Company (NYSE: SSP) has acquired Columbia, Mo.-based digital video news provider Newsy, a five-year-old startup that has built its early success on a multi-source, multi-platform approach to storytelling.
Scripps (E.W.) is a media enterprise with interests in local and national media brands. Co.'s media businesses are organized into the following reportable business segments: Local Media and National Media. Co.'s Local Media segment is comprised of its local broadcast television stations and their related digital operations. Co. produces news, information and entertainment content that informs and engages its local communities. In addition to news programming, Co.'s television stations run network programming, syndicated programming and original programming. Co.'s National Media segment includes its collection of national media brands including Katz, Newsy and Triton.
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Strong Buy (3.50 out of 4)