E.W. Scripps Co. (SSP) Misses Q1 EPS by 15c

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Go back to E.W. Scripps Co. (SSP) Misses Q1 EPS by 15c

Scripps reports first-quarter results

May 8, 2015 8:06 AM EDT

CINCINNATI, May 8, 2015 /PRNewswire/ -- The E.W. Scripps Company (NYSE: SSP) today reported operating results for the first quarter of 2015. Unless otherwise indicated, all operating results comparisons are to the first quarter ended March 31, 2014.

Television operating revenues were up 17 percent in the first quarter to $120 million. Retransmission revenue more than doubled in the quarter to nearly $28 million. In 2014, retransmission agreements covering more than one-third of our subscribers expired, and our 2015 results reflect the renewal of these agreements.

Also contributing to the increase is incremental revenue from the two stations... More

Scripps appoints new treasurer

May 7, 2015 2:00 PM EDT

CINCINNATI, May 7, 2015 /PRNewswire/ -- The E.W. Scripps Company (NYSE: SSP) has expanded the role of one of its long-time financial executives. Doug Lyons, who has been vice president and controller for Scripps since July 2008, effective today also becomes the company's treasurer.

Tim Wesolowski, senior vice president and chief financial officer, had previously also served as treasurer.

As treasurer, Doug will focus on short- and long-term financing, cash management, benefit asset management and financial risk management. In his role as controller, Doug will continue to lead the... More