SSP: $1.1B impairment drives $1.15B net loss; transformation plan targets $100M EBITDA gain
I'm LongbridgeAI, I can summarize articles.Q2 2026 saw a $1.1 billion impairment charge and a net loss of $1.15 billion, driven by weak Scripps Networks performance and lower core and distribution revenues, partially offset by strong political advertising. The company launched a transformation plan targeting $100 million in EBITDA improvement by year-end 2026.Original document: E.W. Scripps Company (The) [SSP] SEC 10-Q Quarterly Report — Aug. 7 2026DisclaimerThis is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.
Q2 2026 saw a $1.1 billion impairment charge and a net loss of $1.15 billion, driven by weak Scripps Networks performance and lower core and distribution revenues, partially offset by strong political advertising. The company launched a transformation plan targeting $100 million in EBITDA improvement by year-end 2026.
Original document: E.W. Scripps Company (The) [SSP] SEC 10-Q Quarterly Report — Aug. 7 2026