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SEC EDGAR 8-KAUG 77 min read$SSP

E.W. SCRIPPS Co (SSP): Results of Operations and Financial Condition

E.W. SCRIPPS Co (SSP) filed an SEC Form 8-K — Results of Operations and Financial Condition. EX-99.1 2 ssp-20260806ex991.htm EX-99.1 Document Exhibit 99.1 Scripps reports Q2 2026 financial results Aug. 6, 2026 CINCINNATI – The E.W. Scripps Company (NASDAQ: SSP) delivered $490 million in revenue for the second quarter of 2026. Loss attributable to the shareholders of Scri

Original reporting
SEC EDGAR 8-K
Published Aug 7, 2026, 11:21 AM UTC
Analysis
alphai AI DeskAI-generated
Added to alphai Aug 7, 2026, 11:25 AM UTC. Informational, not investment advice.
How this was made
alphai summarizes source reporting and applies a structured AI analysis for relevance, timing, sentiment and ticker impact. Always verify material claims with the original publisher.
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alphai market briefEarnings
Primary signal
$SSP
Bearish
medium confidence
Mentioned
$SSP
Relevance
9/10
alphai data visualization · based on SEC EDGAR 8-K
Decision brief

The 30-second read

$SSPBearishHigh
01

Why it matters

Traders should focus on the magnitude of the non-cash impairment and restructuring costs, the quantified revenue declines (including distribution revenue and Scripps Networks revenue), and the specific mitigation steps (retransmission agreements completed, political revenue outlook, and expense run-rate savings).

02

Market read

This is a primary Q2 results disclosure with quantified impairment and revenue headwinds plus actionable operational updates (cost savings run-rate, retransmission agreements, and political ad outlook).

03

What to watch

The blackout periods tied to Comcast and DirecTV negotiations directly hit distribution revenue, and Nielsen measurement methodology changes may distort comparability until mitigated.

Relevance 9/10Novelty 9/10Timing: filed pre-market today (Aug 7, 2026) with Q2 results and outlook updates

Background

E.W. Scripps filed an SEC 8-K (Item 2.02) with Exhibit 99.1 reporting Q2 2026 results and operational updates tied to its transformation plan.

Company-level read

Ticker impact

$SSPBearishMedium confidence
Context

Scripps reported Q2 2026 revenue of $490M and a $1.2B shareholder loss, including a $1.1B non-cash impairment in Scripps Networks.

Expected impact

Likely negative-to-volatile reaction as impairment and distribution blackout impacts dominate, partially offset by political ad strength and retransmission agreement progress.

Evidence & confidence

This is a primary earnings-style disclosure via an 8-K with quantified results, impairment, restructuring costs, and concrete operational updates (retransmission agreements, political revenue outlook, expense run-rate savings).

Market effects

Sector

Media and local TV operators may face continued pressure from national ad weakness, ratings/measurement changes, and retransmission negotiation risk.

Regional

Limited direct regional spillover, but retransmission and local political ad dynamics can affect local-market ad demand expectations.

Global

Low global relevance; primarily a US broadcast/media credit and earnings-quality signal.

Counterpoint

What could challenge this read

Despite the large impairment, management frames transformation benefits as increasingly visible in coming quarters, with $100M annual run-rate savings expected by year end.

Key entities

  • public_company
    E.W. Scripps Company

    Reported Q2 2026 revenue, loss, impairment and restructuring costs, and provided transformation, retransmission, and revenue outlook updates.

  • counterparty
    Gray Media, Inc.

    Station swap mentioned as producing a $9.3M gain in the quarter.

  • counterparty
    Comcast

    Distribution blackout periods during retransmission negotiations negatively impacted Q2 distribution revenue by $26.7M.

  • counterparty
    DirecTV

    Distribution blackout periods during retransmission negotiations negatively impacted Q2 distribution revenue by $26.7M.

  • counterparty
    Nielsen

    Measurement methodology changes are cited as a factor pressuring results, with mitigation work underway.

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