Scripps Says Local Political Revenue Could Hit $250M
Dow Jones
Aug 07
1807 ET - E.W. Scripps said local political revenue this year could reach between $225 million and $250 million, as a number of competitive races will be in states where it has significant presence. Scripps said its local media political advertising was a second-quarter record at $28 million, with consolidated revenues coming in at $490.4 million. The company added midterm races taking place in Arizona, Colorado, Michigan, Ohio, Nevada and Wisconsin could contribute to local political revenue. Scripps said it expects local media revenue will increase by about 20% in the third quarter, compared to the same period in 2025.
At the request of the copyright holder, you need to log in to view this content
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.