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E W Scripps : Strong sales execution bolstered Scripps' Q1 results as ad markets began to rebound


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. ....

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PGA cuts ties with Trump, organizations pause political donations and Twitter permanently bans Trump's account


PGA cuts ties with Trump, organizations pause political donations and Twitter permanently bans Trump’s account
Also: AWS pulls social media app Parler’s hosting, General Motors launches redesign focused on an electric-driven future, Purcotton apologizes for ad, and more.
 Chinese brand Purcotton issued a
mea culpa after backlash over its recent ad, which shows a woman being followed down a dimly-lit street by a man wearing a mask. As the man approaches, the woman uses a Purcotton wipe to remove her makeup, which scares away the would-be attacker.
… Purcotton originally defended the advertisement as a creative way to advertise the “cleaning function of the product,” but as the calls for a boycott grew, the company removed the video from their accounts and eventually apologized on January 8. ....

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