All-Stock Transaction Combines Highly Complementary Businesses Unlocking Significant Benefits for Patients, Providers, Payers, and Care Teams Increases Access.
Strong sales execution bolstered Scripps Q1 results as ad markets began to rebound Local Media core advertising continued post-election momentum; Scripps Networks delivered as promised in first quarter as a division May 7, 2021 CINCINNATI - In the first quarter of 2021, The E.W. Scripps Company (NASDAQ: SSP) completed its acquisition of national broadcast network ION, sold digital audio firm Triton and announced plans to redeem $400 million in bonds while delivering record company revenue. First-quarterLocal Media core advertising outperformed expectations, up 2% on an adjusted- combined basis, driven by a rebound in the advertising market and strong sales execution. The top five core advertising categories were up on a year-over-year basis in March.