Two Directors at Lee Enterprises Inc bought 73,654 shares at between 8.874USD and 9.035USD. The significance rating of the trade was 62/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over ...
Scripps completes sale of WFTX in Fort Myers-Naples to Sun Broadcasting CINCINNATI, March 02, 2026 (GLOBE NEWSWIRE) -- The E.W. Scripps Company (NASDAQ: SSP) closed today on the sale of WFTX, its Fox-affiliated station in Fort Myers, Florida, to Sun Broadcasting for $40 million. Scripps intends to use cash from the sale to pay down debt and strengthen its balance sheet, Scripps President and CEO Adam Symson said. The completion of the WFTX sale is part of a series of recent transactions by Scripps to optimize its local television portfolio. In October, the company , its ABC-affiliated s...
TEGNA Inc. Reports Fourth Quarter and Full-Year 2025 Results Achieves or exceeds all previously announced full-year 2025 guidance metrics On track to complete proposed acquisition by Nexstar Media Group by the second half of 2026, subject to regulatory approvals and customary closing conditions MCLEAN, Va., March 02, 2026 (GLOBE NEWSWIRE) -- TEGNA Inc. (NYSE: TGNA) today announced financial results for the fourth quarter and full-year 2025, ended December 31, 2025. FOURTH QUARTER FINANCIAL HIGHLIGHTS:All Year-Over-Year Comparisons Unless Otherwise Noted: Total company revenue was down...
TEGNA Announces Quarterly Dividend TYSONS, Va., Feb. 26, 2026 (GLOBE NEWSWIRE) -- TEGNA Inc.’s (NYSE: TGNA) Board of Directors declared a regular quarterly dividend of 12.5 cents per share, payable on April 1, 2026, to shareholders of record as of the close of business on March 10, 2026. About TEGNATEGNA Inc. (NYSE: TGNA) helps people thrive in their local communities by providing the trusted local news and services that matter most. With 64 television stations in 51 U.S. markets, TEGNA reaches more than 100 million people monthly across the web, mobile apps, connected TVs, and linear te...
Scripps reports Q4 2025 financial results CINCINNATI, Feb. 25, 2026 (GLOBE NEWSWIRE) -- The E.W. Scripps Company (NASDAQ: SSP) delivered $560 million in revenue for the fourth quarter of 2025. Loss attributable to the shareholders of Scripps was $44.9 million or 51 cents per share. Business notes: The company has launched a transformation plan that targets annualized enterprise EBITDA growth of $125-$150 million by 2028 through cost savings and revenue growth initiatives that will leverage technology including AI and automation to increase the yield on its existing businesses.Financial ...
Scripps board extends employment agreement for CEO Adam Symson CINCINNATI, Feb. 25, 2026 (GLOBE NEWSWIRE) -- The board of directors of The E.W. Scripps Company (NASDAQ: SSP) has approved a new contract for Scripps President and CEO Adam P. Symson that runs through Dec. 31, 2029. The new agreement replaces a five-year contract that began Aug. 2, 2022, and was set to expire at the end of 2027. Symson has served as Scripps’ president and CEO since August 2017, building enterprise value through key acquisitions and divestitures as well as organic growth. Symson foresaw the decline of the ca...
Scripps Howard Fund and Scripps Howard Foundation gave $11 million in charitable gifts in 2025 CINCINNATI, Feb. 24, 2026 (GLOBE NEWSWIRE) -- The Scripps Howard Fund and Scripps Howard Foundation, nonprofit organizations, awarded $11 million to community and journalism programs during 2025, a 12% increase from 2024. The Scripps Howard Fund and Scripps Howard Foundation support communities where The E.W. Scripps Company does business, while their journalism programs and funding reach people across the country. The Fund and Foundation also partner with the Scripps and Howard families to sup...
There has been a considerable amount of news flow about the battle over WBD, including an enhanced PSKY offer and reports that PSKY has a (not so) secret plan to quickly gain antitrust approval. In this note we address those topics as well as reassessing our view, detailed in a note last week, that PSKY will find itself in a difficult position in terms of losing talent (and customers) due to political risk and/or having to pay a premium to attract talent due to that political risk, and doing so ...
Moody's Ratings (Moody's) says AMC Networks Inc.'s (AMC Networks) B3 corporate family rating (CFR), B3-PD probability of default rating (PDR), B2 ratings on the senior secured bank credit facilities, Caa2 rating on the senior unsecured notes, and stable outlook are unaffected by the company's announ...
AMC Networks Announces Effectiveness of Amendments to its 10.50% Senior Secured Notes due 2032 and Extension of Consent Solicitation NEW YORK, Feb. 23, 2026 (GLOBE NEWSWIRE) -- AMC Networks Inc. (“AMC Networks” or the “Company”) (Nasdaq: AMCX) announced today the receipt of Requisite Consents (as defined below) from holders of its existing 10.50% Senior Secured Notes due 2032 (the “Notes”) and the effectiveness of amendments to the indenture governing the Notes to (1) amend the covenant that limits restricted payments in order to permit buybacks, purchases, redemptions, retirements or oth...
AMC Networks Announces Any and All Exchange Offer and Consent Solicitation for its 10.25% Senior Secured Notes due 2029 NEW YORK, Feb. 23, 2026 (GLOBE NEWSWIRE) -- AMC Networks Inc. (the “Company” or “AMC Networks”) (Nasdaq: AMCX) today announced the commencement of an exchange offer (the “Exchange Offer”) to Eligible Holders (as defined below) to exchange any and all of its outstanding 10.25% Senior Secured Notes due 2029 (the “Old Notes”) for its newly-issued 10.50% Senior Secured Notes due 2032 (the “New Notes”), on the terms and subject to the conditions set forth in a Confidential Of...
Scripps appoints VP, network sports and client partnerships to connect advertisers with sports portfolio CINCINNATI, Feb. 18, 2026 (GLOBE NEWSWIRE) -- The E.W. Scripps Company (NASDAQ: SSP) has named Oliver Gray vice president, network sports and client partnerships, effective immediately, adding a proven sports sponsorship and advertising leader to fuel growth across its expanding sports and entertainment platforms. Gray will lead efforts to connect national advertisers with Scripps’ platforms – including its rapidly growing sports portfolio – and will work closely across Scripps’ net...
It now appears that PSKY has a good chance of prevailing in its battle for WBD. We have previously discussed the three phases of that battle; the proxy battle, the antitrust review, and the judicial review. In this note, we discuss a fourth phase; how does the battle for WBD, including this week’s Colbert/Talarico Affair, affect PSKY’s value after the deal closes?
As part of a new bid to buy WBD, PSKY announced that it had already complied with the DOJ’s second request. Investors have been asking about how to understand this announcement, how the timing of this review compares with other DOJ investigations and what are the paths forward for the antitrust review of both PSKY and NFLX’s bid. In this note we address those questions.
AMC Networks Announces Consent Solicitation to Amend its Senior Secured Notes due 2032 NEW YORK, Feb. 12, 2026 (GLOBE NEWSWIRE) -- AMC Networks Inc. (“AMC Networks” or the “Company”) (Nasdaq: AMCX) announced today that it will solicit consents (“Consents”) from the holders of its existing 10.50% Senior Secured Notes due 2032 (the “Notes”) to amend the indenture governing the Notes to (1) amend the covenant that limits restricted payments in order to permit buybacks, purchases, redemptions, retirements or other acquisitions of AMC Networks Inc.’s equity interests in an aggregate amount not...
AMC Networks Inc. Reports Fourth Quarter and Full Year 2025 Results NEW YORK, Feb. 11, 2026 (GLOBE NEWSWIRE) -- AMC Networks Inc. ("AMC Networks" or the "Company") (NASDAQ: AMCX) today reported financial results for the fourth quarter and full year ended December 31, 2025. AMC Networks Chief Executive Officer Kristin Dolan said: "AMC Networks had a successful 2025. Streaming is now the largest single source of revenue in our domestic segment, a significant milestone and inflection point in the ongoing transformation of our business. We delivered free cash flow(1) well ahead of our previo...
Scripps launches transformation plan expected to yield $125-150 million in annualized EBITDA improvement by 2028 CINCINNATI, Feb. 11, 2026 (GLOBE NEWSWIRE) -- The E.W. Scripps Company has launched an enterprise-wide transformation plan designed to improve operating performance and unlock new value, targeting annualized enterprise EBITDA growth of $125 million-$150 million by 2028. The company will deliver this improved EBITDA run-rate through cost savings and revenue growth initiatives that will leverage technology including AI and automation and increase revenue yield on its existing bu...
Scripps agrees to sell Court TV to Law&Crime Network CINCINNATI, Feb. 09, 2026 (GLOBE NEWSWIRE) -- The E.W. Scripps Company (NASDAQ: SSP) has reached an agreement to sell its Court TV network to Law&Crime – the multiplatform true crime and legal content studio created and led by ABC News Chief Legal Analyst Dan Abrams and now owned by media creator holding company Jellysmack. Scripps relaunched Court TV in May 2019 after from Turner Broadcasting. Since then, the network has delivered viewers access to some of the most gripping trials of the last several years, including Johnny Depp v. A...
Despite having previously criticized broadcast consolidation (in the context of CMSCA and DIS) and skepticism of NXST, President Trump endorsed NXST being able to acquire TGNA. In this note we discuss the implications for that transaction and broader media trends.
‘Shielded’ investigation into police misconduct wins WXYZ in Detroit prestigious duPont-Columbia Award CINCINNATI, Jan. 29, 2026 (GLOBE NEWSWIRE) -- The E.W. Scripps Company’s (NASDAQ: SSP) local ABC station in Detroit, WXYZ-TV, has been honored with one of journalism’s top honors – the Alfred I. duPont-Columbia Award – for “,” its two-year-long investigation that revealed systemic failures in preventing police officers with repeated misconduct from being rehired. Across 19 reports, investigative reporter Ross Jones and the WXYZ team exposed how police officers in Michigan, having been ...
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