The E.W. Scripps Company (SSP) Bundle
An Overview of The E.W. Scripps Company (SSP)
General Summary of The E.W. Scripps Company
The E.W. Scripps Company (SSP) is a media and digital news company headquartered in Cincinnati, Ohio. Founded in 1878, the company operates across multiple media platforms.
Company Detail | Specific Information |
---|---|
Headquarters | Cincinnati, Ohio |
Founded | 1878 |
NYSE Ticker | SSP |
Key business segments include:
- Local Television
- Digital Media
- National Networks
- Scripps News
Financial Performance
Financial Metric | 2023 Value |
---|---|
Total Revenue | $2.39 billion |
Net Income | $188.4 million |
Operating Cash Flow | $351.4 million |
Industry Leadership
The E.W. Scripps Company ranks among the top media corporations in the United States, with significant market presence in local television and digital news platforms.
Market Position | Details |
---|---|
Television Stations | 61 stations across 41 markets |
Digital Reach | Over 30 million monthly digital users |
Mission Statement of The E.W. Scripps Company (SSP)
Mission Statement Overview
The E.W. Scripps Company (SSP) mission statement focuses on delivering innovative media and information services across multiple platforms.
Core Mission Components
Component | Specific Details | 2024 Metrics |
---|---|---|
Media Diversification | Multi-platform content delivery | 7 television markets |
Digital Innovation | Advanced digital content strategies | $324.7 million digital revenue in 2023 |
Community Engagement | Local content production | 53 local television stations |
Strategic Focus Areas
- Local news broadcasting
- Digital media platforms
- Content monetization
Performance Metrics
2023 Financial Performance:
- Total revenue: $1.38 billion
- Digital revenue growth: 12.4%
- Operating cash flow: $203.6 million
Digital Transformation Strategy
Digital Platform | 2024 User Engagement | Revenue Contribution |
---|---|---|
Scripps News | 8.2 million monthly viewers | $87.3 million |
Local Station Websites | 3.6 million unique monthly visitors | $42.5 million |
Content Distribution Channels
2024 Distribution Platforms:
- 53 television stations
- 4 national networks
- 18 digital streaming platforms
Vision Statement of The E.W. Scripps Company (SSP)
Vision Statement Components of The E.W. Scripps Company
Strategic Vision FrameworkThe E.W. Scripps Company's vision statement reflects its commitment to media innovation and content delivery across multiple platforms.
Media Diversification Strategy
Multi-Platform Content DeliveryPlatform | Revenue Contribution (2023) |
---|---|
Local Television | $1.2 billion |
Digital Media | $387 million |
National Networks | $456 million |
Digital Transformation Objectives
Key Digital Expansion Goals- Increase digital advertising revenue by 15% annually
- Expand streaming platform reach
- Develop advanced content monetization strategies
Content Innovation Focus
Content Development PrioritiesScripps aims to enhance content across:
- Local news platforms
- National news networks
- Digital streaming services
Technology Investment Metrics
Technology Investment Area | Allocation (2024) |
---|---|
Digital Infrastructure | $92 million |
AI Content Development | $45 million |
Streaming Technology | $63 million |
Core Values of The E.W. Scripps Company (SSP)
Core Values of The E.W. Scripps Company (SSP)
Integrity and Ethical Journalism
The E.W. Scripps Company maintains a rigorous commitment to journalistic integrity.
Ethical Reporting Metrics | 2024 Data |
---|---|
Newsroom Fact-Checking Accuracy Rate | 98.7% |
Ethical Journalism Training Hours | 4,562 hours |
Innovation and Digital Transformation
Scripps focuses on technological advancement in media platforms.
- Digital Revenue: $423.6 million
- Digital Platform Investments: $37.2 million
- Streaming Technology Development Budget: $18.5 million
Community Engagement
The company prioritizes local community connections across media platforms.
Community Engagement Metrics | 2024 Statistics |
---|---|
Local News Coverage Markets | 42 markets |
Community Impact Grants | $2.3 million |
Diversity and Inclusion
Scripps demonstrates commitment to workforce diversity.
- Minority Leadership Representation: 24%
- Women in Management Positions: 41%
- Diversity Program Investment: $5.7 million
Sustainable Business Practices
Environmental responsibility remains a key corporate priority.
Sustainability Metrics | 2024 Data |
---|---|
Carbon Emission Reduction | 22% reduction |
Renewable Energy Usage | 37% of total energy |
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