−Removed: We are a 144-year-old media enterprise with interests in local and national media brands.
−Removed: Founded in 1878, our motto is "Give light and the people will find their own way." Our mission is to do well by doing good — creating value for customers, employees and owners by informing, engaging and empowering those we serve.
−Removed: We serve audiences and businesses in our Local Media division through a portfolio of 61 local television stations in 41 markets.
+Added: Founded in 1878, The E.W.
+Added: Scripps Company motto is "Give light and the people will find their own way." Our mission is to do well by doing good — creating value for customers, employees and owners by informing, engaging and empowering those we serve.
+Added: We serve audiences and businesses through a portfolio of more than 60 local television stations in more than 40 markets and national news and entertainment networks.
Our local stations have programming agreements with ABC, NBC, CBS, FOX and the CW.
−Removed: In our Scripps Networks division, we operate nine national news and entertainment networks - ION, Bounce, Court TV, Defy TV, Grit, ION Mystery, Laff, Scripps News and TrueReal – each reaches well over 90% of U.S.
−Removed: television households over-the-air.
−Removed: Effective the beginning of 2023, we merged our nationally focused news resources into a Scripps News division.
−Removed: Scripps News combines the development and distribution of Newsy programming content, the Local Media national desk and our award-winning investigative reporting newsroom in Washington, D.C.
+Added: The Scripps Networks reach nearly every American through national news outlets Scripps News and Court TV and popular entertainment brands ION, Bounce, Defy TV, Grit, ION Mystery and Laff.
+Added: Effective in January 2023, we merged our nationally focused news resources into a national outlet called Scripps News.
+Added: Scripps News combines the development and distribution of Newsy programming, the Local Media national desk and our award-winning investigative reporting newsroom in Washington, D.C.
into one coordinated organization.
−Removed: The combined operation will more efficiently serve national audiences and our local television stations.
+Added: The combined operation more efficiently serves national audiences and our local television stations.
We also serve as the longtime steward of one of the nation's largest, most successful and longest-running educational programs, the Scripps National Spelling Bee.
−Removed: Additionally, we provide consumers DVR product solutions to watch and record free over-the-air HDTV on connected devices through our Nuvyyo business.
−Removed: For a full listing of our outlets, visit http://www.scripps.com.
−Removed: In December of 2022, we launched our Scripps Sports division to further leverage our local market depth and national broadcast reach for partnerships with sports leagues, conferences and teams.
−Removed: In addition to the market depth of our 61 local television stations, ION boasts the fifth-largest national broadcast viewership and its network of owned and operated and affiliate stations reaches 100% of U.S.
−Removed: television households through broadcast, cable/satellite and connected TV platforms, providing it the opportunity to run localized, regionalized and national programming.
−Removed: Our sports division will be comprised of a limited number of personnel that will seek and negotiate sports rights for the benefit of our Local Media and Scripps Networks businesses.
−Removed: The revenues earned and any sports rights fees or other direct expenses incurred will reside within those respective businesses.
+Added: Additionally, we produce a television viewing device called Tablo that allows households to watch and record dozens of free, over-the-air and streaming channels anywhere in their home without a subscription.
+Added: For a full listing of our brands, visit http://www.scripps.com.
Scripps is a leader in free, ad-supported television.
All of our local stations and national networks reach consumers over the air, and all of our television brands can also be found on free streaming platforms.
−Removed: During 2022, we continued to expand in the fast-growing connected television marketplace, as well as continued to leverage our leadership position in the growing over-the-air marketplace.
−Removed: Currently, one in three non pay-TV homes is watching television over the air alongside their subscription services, and industry data shows the use of free television over antenna is expected to surpass 50 million households in 2025.
−Removed: Scripps has launched a major national consumer marketing campaign to broaden antenna use even more, as well as working with key partners in retail, manufacturing and antenna installation, to help television owners understand the quality and quantity of programming available over the air and the ease of antenna use.
−Removed: In January of 2023, we announced a strategic restructuring and reorganization of the Company that will further leverage our strong position in the U.S.
+Added: We have continued to expand in the fast-growing connected television marketplace, and we are leveraging our leadership position in the growing over-the-air marketplace.
+Added: Currently, one in three non pay-TV homes is watching television over the air alongside their streaming subscription services, and as cord-cutting and streaming service price increases continue, over-the-air channels will be an important part of television viewers' choices.
+Added: To that end, Scripps continues efforts to broaden antenna use even more, and is working with key partners in retail, manufacturing and antenna installation to help television owners understand the quality and quantity of programming available over the air and the ease of antenna use.
+Added: During 2023, we continued our efforts to build awareness, grow the broadcast marketplace and improve consumers over-the-air television experiences by relaunching a new version of our Tablo product.
+Added: In December 2022, we launched Scripps Sports to further leverage our local market depth and national broadcast reach for partnerships with sports leagues, conferences and teams.
+Added: In addition to the market depth of our local broadcast television stations, ION boasts the fifth-largest national broadcast viewership and its network of owned and operated and affiliate stations reaches nearly 100% of U.S.
+Added: television households through broadcast, cable/satellite and connected TV platforms, providing it the opportunity to run localized, regionalized and national programming.
+Added: Scripps Sports is comprised of a limited number of employees who seek and negotiate sports rights for the benefit of our Local Media and Scripps Networks businesses.
+Added: The revenues earned and any sports rights fees or other direct expenses incurred reside within those respective businesses.
+Added: In January 2023, we announced a strategic restructuring and reorganization of the Company to further leverage our strong position in the U.S.
television ecosystem and propel our growth across new distribution platforms and emerging media marketplaces.
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The restructuring aims to create a leaner and more agile operating structure through the centralization of certain services and the consolidation of layers of management across our operating businesses and corporate office.
+Added: We currently anticipate this effort will result in more than $40 million in annual savings, of which $20 million of the annualized savings was achieved by the end of 2023.
+Added: On March 27, 2023, we shut down the multicast network TrueReal, merging certain of its programming with that of Defy TV, and began leasing the additional spectrum it created on our owned and operated stations to Jewelry Television.
+Added: In connection with the TrueReal restructuring, we relinquished rights to portions of their programming library.
+Added: On April 20, 2023, we announced a multi-year agreement to televise regular season Friday night WNBA games on ION.
+Added: The WNBA Friday Night Spotlight on ION included games available nationally as well as games made available on a regional basis.
+Added: On May 4, 2023, we announced a multi-year agreement with the Vegas Golden Knights to televise the National Hockey League's team's games in Las Vegas and surrounding markets.
+Added: The games aired on our local station KMCC, and our Las Vegas ABC affiliate KTNV provided marketing and promotion.
+Added: On October 5, 2023, we announced a multi-year agreement with the Arizona Coyotes to televise their locally broadcast games to residents of Arizona and surrounding states within the team's broadcast territory.
+Added: Games will air on our television stations within the Phoenix, Tucson and Salt Lake City markets.
+Added: On November 9, 2023, we announced a multi-year agreement with the National Women's Soccer League to nationally televise Saturday night games on ION.
+Added: These regular season matches will be distributed over 25 exclusive Saturday night double-headers beginning with their 2024 season.
Financial information for each of our business segments can be found under “Management’s Discussion and Analysis of Financial Condition and Results of Operations” and the Notes to Consolidated Financial Statements of this Form 10-K.
−Removed: Our Local Media segment is comprised of our 61 local broadcast television stations and their related digital operations.
+Added: Our Local Media segment includes more than 60 local television stations and their related digital operations.
We have operated broadcast television stations since 1947, when we launched Ohio’s first television station, WEWS, in Cleveland.
Our television station group reaches approximately 25% of the nation’s television households and includes 18 ABC affiliates, 11 NBC affiliates, nine CBS affiliates and four FOX affiliates.
−Removed: We also have 12 CW affiliates - four on full power stations and eight on multicast;
−Removed: five independent stations and 10 additional low power stations.
−Removed: We produce high-quality news, information and entertainment content that informs and engages our local communities.
+Added: We also have seven CW affiliates - four on full power stations and three on multicast;
+Added: seven independent stations and 10 additional low power stations.
+Added: We provide free over-the-air news, information, sports and entertainment content that informs and engages our local communities.
We distribute our content on multiple platforms, including broadcast, digital, mobile, social and over-the-top ("OTT").
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We have trained employees in our news departments to be multi-media journalists, allowing us to pursue a “hyper-local” strategy by having more reporters covering local news for our over-the-air and digital platforms.
−Removed: In addition to news programming, our television stations run network programming, syndicated programming and original programming.
+Added: In addition to news programming, our television stations run network programming, local sporting events, syndicated programming and original programming.
Our strategy is to balance syndicated programming with original programming that we control.
We believe this strategy improves our Local Media division's financial performance.
−Removed: Original shows we produce ourselves or in partnership with others include:
−Removed: • The List, an Emmy-award winning infotainment show, is available in 39 markets reaching viewers in approximately 26% of the country.
−Removed: • The Race is a weekly 30-minute show that focuses on the issues impacting Americans.
−Removed: We travel to communities across the country to talk about jobs, health care, inflation and more.
−Removed: No pundits, politicians or pollsters, just people.
−Removed: The show is available in 47 markets on broadcast and OTT and airs on Scripps News OTA every Sunday morning.
−Removed: • RightThisMinute was a daily entertainment program featuring consumer-generated viral videos.
−Removed: The show completed its 11-year run when the final season ended in September 2022.
+Added: We also provide live, local sporting events on many of our stations by acquiring local television broadcast rights for these events.
Revenue cycles and sources
Core Advertising
−Removed: Our core advertising is comprised of sales to local and national customers.
−Removed: The advertising includes a combination of broadcast spots, as well as digital and OTT advertising.
+Added: Our core advertising is comprised of sales to local and national businesses.
+Added: The advertising includes a combination of broadcast spots as well as digital and connected TV advertising.
Our core advertising revenues accounted for 43% of our Local Media segment’s revenues in 2023.
1 unchanged sentence
Our stations compete for advertising revenues with other sources of local media, including competitors’ television stations in the same markets, radio stations, cable television systems, newspapers, digital platforms and direct mail.
−Removed: Local advertising time is sold by each station’s local sales staff who call upon advertising agencies and local businesses, which typically include advertisers such as car dealerships, health-care facilities and other service providers.
+Added: Local advertising time is sold by each station’s local sales staff calling upon advertising agencies and local businesses, which typically include advertisers such as car dealerships, health-care facilities, home improvement companies and other service providers.
We seek to attract new advertisers to our television stations and to increase the amount of advertising sold to existing local advertisers by relying on experienced local sales forces with strong community ties, producing news and other programming with local advertising appeal and sponsoring or promoting local events and activities.
−Removed: National advertising time is generally sold through national sales representative firms that call upon advertising agencies, whose clients typically include automobile manufacturers and dealer groups, telecommunications companies and insurance providers.
+Added: National advertising time is generally sold by calling upon advertising agencies, whose clients typically include businesses such as automobile manufacturers and dealer groups, telecommunications companies and insurance providers.
Digital revenues are primarily generated from the sale of advertising to local and national customers on our local television websites, smartphone apps, tablet apps and other platforms.
2 unchanged sentences
the Olympics or the Super Bowl).
−Removed: example, our NBC affiliates benefit from incremental advertising demand from the coverage of the Olympics.
+Added: example, our NBC affiliates currently benefit from incremental advertising demand from the coverage of the Olympics.
Economic cycles are less predictable and beyond our control.
3 unchanged sentences
sales office.
−Removed: Advertising is sold to presidential, gubernatorial, Senate and House of Representative candidates, as well as for state races and local issues.
−Removed: It is also sold to political action groups (PACs) or other advocacy groups.
−Removed: Political advertising revenues were 13% of our Local Media segment's revenues in 2022.
+Added: Advertising is sold to presidential, gubernatorial, U.S.
+Added: Senate and House of Representative candidates, as well as for state races and local issues.
+Added: It is also sold to political action groups (PACs) and other advocacy groups.
+Added: Political advertising revenues were 2.4% of our Local Media segment's revenues in 2023, an off-cycle election year.
Political advertising revenues increase significantly during even-numbered years when local, state and federal elections occur.
3 unchanged sentences
Distribution Revenues
−Removed: We earn revenues from cable operators, satellite carriers, other multi-channel video programming distributors (collectively "MVPDs"), other online video distributors and subscribers for access rights to our broadcast signals.
+Added: We earn revenues from cable operators, satellite carriers, other multi-channel video programming distributors (collectively "MVPDs"), other online video distributors and subscribers for access rights to our local broadcast signals.
Distribution revenues were 54% of our Local Media segment's revenues in 2023.
−Removed: These arrangements are generally governed by multi-year contracts and the fees we receive are typically based on the number of subscribers the respective distributor has and the contracted rate per subscriber.
−Removed: Approximately 75% of subscribers within our retransmission consent agreements are subject to negotiation in 2023.
+Added: These arrangements are generally governed by multi-year contracts and the fees we receive are typically based on the number of subscribers the respective distributor has in our markets and the contracted rate per subscriber.
+Added: During 2023, we completed renewal negotiations on distribution agreements covering approximately 75% of our subscriber households.
Employee costs accounted for 39% of our Local Media segment's costs and expenses in 2023.
2 unchanged sentences
We expect to continue to look for opportunities to centralize functions that do not require a local market presence.
−Removed: Programming costs, which include network affiliation fees, syndicated programming and shows produced for us or in partnership with others, were 43% of our Local Media segment's costs and expenses in 2022.
−Removed: Our network-affiliated stations broadcast programming that is supplied to us by the networks in various dayparts.
+Added: Programming costs, which include network affiliation fees, local sports rights fees, syndicated programming and shows produced for us or in partnership with others, were 44% of our Local Media segment's costs and expenses in 2023.
+Added: Our network-affiliated stations broadcast programming is supplied to us by the Big 4 broadcast networks in various dayparts.
Under each affiliation agreement, the station broadcasts all of the programs transmitted by the network.
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Expires in Market Rank (1)
−Removed: WMYD-TV Detroit, Ch.
−Removed: 20 Ind/21 N/A 2029 11
−Removed: WXYZ-TV Detroit, Ch.
−Removed: 7 ABC/41 2026 2029 11
−Removed: KNXV-TV Phoenix, Ch.
+Added: WFTS-TV Tampa-St.
+Added: Petersburg, FL - Ch.
28 ABC/17 2026 2029 11
−Removed: KASW -TV Phoenix, Ch.
−Removed: 61 CW/27 2024 2030 12
−Removed: WSFL-TV Miami, Ch.
+Added: WMYD-TV Detroit, MI - Ch.
20 CW/31 2024 2029 12
−Removed: WFTS-TV Tampa, Ch.
+Added: WXYZ-TV Detroit, MI - Ch.
7 ABC/25 2026 2029 12
−Removed: KMGH-TV Denver, Ch.
+Added: KNXV-TV Phoenix, AZ - Ch.
15 ABC/15 2026 (2) 13
−Removed: KCDO-TV Denver, Ch.
+Added: KASW -TV Phoenix, AZ - Ch.
61 Ind/27 N/A 2030 13
−Removed: WEWS-TV Cleveland, Ch.
+Added: KMGH-TV Denver-Aurora, CO - Ch.
7 ABC/7 2026 2030 16
−Removed: WMAR-TV Baltimore, Ch.
+Added: KCDO-TV Denver-Aurora, CO - Ch.
+Added: 3 Ind/23 N/A 2030 16
+Added: WSFL-TV Miami, FL - Ch.
+Added: 39 CW/27 2024 2029 17
+Added: WEWS-TV Cleveland, OH - Ch.
5 ABC/15 2026 2029 19
−Removed: WRTV-TV Indianapolis, Ch.
+Added: WMAR-TV Baltimore, MD - Ch.
2 ABC/27 2026 2028 26
−Removed: WTVF-TV Nashville, Ch.
−Removed: 5 CBS/25 2024 2029 28
−Removed: KGTV-TV San Diego, Ch.
+Added: WRTV-TV Indianapolis, IN - Ch.
6 ABC/25 2026 2029 27
−Removed: Palm Beach, Ch.
−Removed: 5 NBC/12 2024 2029 31
−Removed: Palm Beach, Ch.
−Removed: 9 Ind/34 N/A 2029 31
−Removed: KMCI-TV Kansas City, Ch.
+Added: WTVF-TV Nashville, TN - Ch.
+Added: 5 CBS/36 2024 2029 28
+Added: KMCI-TV Kansas City, MO - Ch.
38 Ind/25 N/A 2030 30
−Removed: KSHB-TV Kansas City, Ch.
+Added: KSHB-TV Kansas City, MO - Ch.
41 NBC/36 2024 2030 30
−Removed: WCPO-TV Cincinnati, Ch.
+Added: WTMJ-TV Milwaukee, WI - Ch.
+Added: 4 NBC/32 2024 2029 31
+Added: KGTV-TV San Diego, CA - Ch.
10 ABC/10 2026 2030 32
−Removed: KSTU-TV Salt Lake City, Ch.
+Added: KSTU-TV Salt Lake City, UT - Ch.
13 FOX/28 2026 2030 33
−Removed: WTMJ-TV Milwaukee, Ch.
+Added: KUPX-TV Salt Lake City, UT - Ch.
+Added: 16 Ind/29 N/A 2030 33
+Added: WPTV-TV West Palm Beach-Port St.
+Added: Lucie, FL - Ch.
5 NBC/12 2024 2029 35
−Removed: KTNV-TV Las Vegas, Ch.
+Added: WHDT-TV West Palm Beach-Port St.
+Added: Lucie, FL - Ch.
+Added: 9 Ind/34 N/A 2029 35
+Added: WCPO-TV Cincinnati, OH - Ch.
9 ABC/26 2026 2029 36
−Removed: WGNT-TV Norfolk, Ch.
+Added: KTNV-TV Las Vegas, NV - Ch.
+Added: 13 ABC/13 2026 2030 41
+Added: KMCC-TV Las Vegas, NV - Ch.
+Added: 34 Ind/32 N/A 2030 41
+Added: WXMI-TV Grand Rapids-Kalamazoo, MI - Ch.
+Added: 17 FOX/19 2026 2029 42
+Added: WGNT-TV Norfolk-Virginia Beach, VA - Ch.
27 CW/20 2024 2028 43
−Removed: WTKR-TV Norfolk, Ch.
+Added: WTKR-TV Norfolk-Virginia Beach, VA - Ch.
3 CBS/16 2026 2028 43
−Removed: WXMI-TV Grand Rapids, Ch.
−Removed: 17 FOX/19 2026 2029 43
−Removed: WFTX-TV Fort Myers/Naples, Ch.
−Removed: 4 FOX/35 2026 2029 49
−Removed: WKBW-TV Buffalo, Ch.
+Added: WKBW-TV Buffalo, NY - Ch.
7 ABC/34 2026 2031 49
−Removed: WTVR-TV Richmond, Ch.
+Added: Myers-Cape Coral, FL - Ch.
+Added: 4 FOX/34 2026 2029 50
+Added: WTVR-TV Richmond, VA - Ch.
6 CBS/23 2026 2028 55
−Removed: KJRH-TV Tulsa, Ch.
+Added: KJRH-TV Tulsa, OK - Ch.
2 NBC/8 2024 2030 62
−Removed: WGBA-TV Green Bay/Appleton, Ch.
+Added: WGBA-TV Green Bay-Appleton, WI - Ch.
26 NBC/14 2024 2029 63
−Removed: WACY-TV Green Bay/Appleton, Ch.
+Added: WACY-TV Green Bay-Appleton, WI - Ch.
32 Ind/36 N/A 2029 63
−Removed: WLEX-TV Lexington, Ch.
+Added: WLEX-TV Lexington, KY - Ch.
18 NBC/28 2024 2029 65
−Removed: KMTV-TV Omaha, Ch.
+Added: KMTV-TV Omaha, NE - Ch.
3 CBS/31 2026 2030 69
−Removed: KWBA-TV Tucson, Ch.
+Added: KWBA-TV Tucson, AZ - Ch.
58 CW/21 2024 2030 70
−Removed: KGUN-TV Tucson, Ch.
+Added: KGUN-TV Tucson, AZ - Ch.
9 ABC/9 2026 2030 70
−Removed: KOAA-TV Colorado Springs, Ch.5 NBC/42 2024 2030 87
−Removed: KXXV-TV Waco, Ch.25 ABC/26 2026 (2) 93
−Removed: KIVI-TV Boise, Ch.
+Added: KOAA-TV Colorado Springs, CO - Ch.
+Added: 5 NBC/25 2024 2030 86
+Added: KXXV-TV Waco-Killeen, TX - Ch.
25 ABC/26 2026 2030 93
−Removed: WSYM-TV Lansing, Ch.
+Added: KIVI-TV Boise, ID - Ch.
+Added: 6 ABC/24 2026 2030 103
+Added: WSYM-TV Lansing, MI - Ch.
47 FOX/28 2026 2029 114
−Removed: WTXL-TV Tallahassee, Ch.
+Added: WTXL-TV Tallahassee-Thomasville, FL-GA - Ch.
27 ABC/27 2026 2029 116
−Removed: KERO-TV Bakersfield, Ch.
+Added: KERO-TV Bakersfield, CA - Ch.
23 ABC/10 2026 (2) 120
−Removed: KATC-TV Lafayette, Ch.
+Added: KATC-TV Lafayette, LA - Ch.
3 ABC/28 2026 2029 124
−Removed: KSBY-TV San Luis Obispo/Santa Barbara, Ch.
+Added: KSBY-TV Santa Barbara-Santa Maria, CA - Ch.
6 NBC/15 2024 2030 130
−Removed: KRIS-TV Corpus Christi, Ch.
+Added: KRIS-TV Corpus Christi, TX - Ch.
6 NBC/26 2024 2030 132
−Removed: KPAX-TV Missoula, Ch.
+Added: KPAX-TV Missoula, MT - Ch.
8 CBS/7 2024 2030 164
−Removed: KTVQ-TV Billings, Ch.
+Added: KTVQ-TV Billings, MT - Ch.
2 CBS/10 2024 2030 167
−Removed: KXLF-TV Butte-Bozeman, Ch.
+Added: KXLF-TV Butte-Bozeman-Silver Bow, MT - Ch.
4 CBS/5 2024 2030 186
−Removed: KRTV-TV Great Falls, Ch.
+Added: KRTV-TV Great Falls, MT - Ch.
3 CBS/7 2024 2030 194
−Removed: KTVH-TV Helena, Ch.
+Added: KTVH-TV Helena, MT - Ch.
12 NBC/12 2024 2030 204
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Historically, we have been successful in renewing our FCC licenses.
−Removed: Federal Regulation of Broadcasting — Broadcast television is subject to the jurisdiction of the FCC pursuant to the Communications Act of 1934, as amended (“Communications Act”).
−Removed: The Communications Act prohibits the operation of broadcast stations except in accordance with a license issued by the FCC and empowers the FCC to revoke, modify and renew broadcast licenses, approve the transfer of control of any entity holding such a license, determine the location of stations, regulate the equipment used by stations and adopt and enforce necessary regulations.
−Removed: As part of its obligation to ensure that broadcast licensees serve the public interest, the FCC exercises limited authority over broadcast programming by, among other things, requiring certain children's television programming and limiting commercial content therein, requiring the identification of program sponsors, including specific rules related to identifying programming sponsored or provided by foreign governments, regulating the sale of political advertising and the distribution of emergency information, and restricting indecent programming.
−Removed: The FCC also requires television broadcasters to close caption their programming for the benefit of persons with hearing impairment and to ensure that any of their programming that is later transmitted via the Internet is captioned.
−Removed: Network-affiliated television broadcasters in larger markets must also offer audio narration of certain programming for the benefit of persons with visual impairments.
−Removed: Reference should be made to the Communications Act, the FCC’s rules and regulations, and the FCC’s public notices and published decisions for a fuller description of the FCC’s extensive regulation of broadcasting.
−Removed: Broadcast licenses are granted for a term of up to eight years and are renewable upon request, subject to FCC review of the licensee's performance.
−Removed: While there can be no assurance regarding the renewal of our broadcast licenses, we have never had a license revoked, have never been denied a renewal, and all previous renewals have been for the maximum term.
−Removed: FCC regulations govern the ownership of television stations, and the agency is required by statute to periodically review these rules.
−Removed: In November 2017, the FCC adopted significant changes to its local television ownership rules.
−Removed: Those rules were vacated by a reviewing court in late 2019 but reinstated by the Supreme Court in early 2021.
−Removed: One of these changes was the relaxation of the television “duopoly rule” to allow ownership of two television stations in the same market as long as at least one of the stations is not among the “top-four” rated stations in the market, as measured at the time an application to acquire the second station is filed.
−Removed: Acquisition of two “top-four” stations in the same market is allowed only pursuant to waiver.
−Removed: In addition to upholding changes to the duopoly rule, the United States Supreme Court also affirmed the FCC’s elimination of its newspaper/broadcast cross-ownership rule, its radio/television cross-ownership rule, and its determination that stations in joint advertising sales agreements should not be treated as if they were under common ownership.
−Removed: With respect to national television ownership, the FCC voted in December 2017 to consider whether and how it might revisit its rule preventing applicants from obtaining an ownership interest in television stations whose total national audience reach would exceed 39% of all television households.
−Removed: Earlier in that year, the FCC also reinstated the 50% discount applied to the number of households deemed covered by UHF television stations.
−Removed: Scripps' current national audience reach is 38.0% of television households after application of the “UHF discount.”
−Removed: In December 2018, the FCC began another of its statutorily required reviews of its multiple ownership rule, including a broad review of whether all the current local radio and television rules continue to serve the public interest.
−Removed: This proceeding remains open, and the FCC in 2021 requested that parties refresh the record in that proceeding, although the FCC has not proposed any specific rule changes.
−Removed: The Communications Act requires the FCC to conduct such a review every four years, and as such the FCC opened a new proceeding in December 2022 requesting that parties update the record and submit comments on the broadcast ownership rules and the media marketplace.
−Removed: We cannot predict the outcome of these open proceedings, the expected court reviews of any changes to the FCC's television ownership rules, or the effect of further FCC rule revisions on our stations' operations or our business.
−Removed: The restrictions imposed by the FCC’s ownership rules may apply to a corporate licensee due to the ownership interests of its officers, directors or significant shareholders.
−Removed: If such parties meet the FCC’s criteria for holding an attributable interest in the licensee, they are likewise expected to comply with the ownership limits, as well as other licensee requirements such as compliance with certain criminal, antitrust and antidiscrimination laws.
−Removed: In order to provide additional spectrum for mobile broadband and other services, the FCC in 2017 conducted an incentive spectrum auction in which some television broadcasters agreed to voluntarily give up spectrum in return for a share of the auction proceeds.
−Removed: No Scripps station went off-air or relinquished a UHF-band allocation for a VHF-band allocation as a result of the auction, but many of Scripps' full-power, Class A, and low-power and translator stations relocated to new channels in the reduced broadcast spectrum band.
−Removed: All Scripps stations completed this transition timely.
−Removed: Broadcasters are continuing to deploy a new voluntary digital television standard, ATSC 3.0.
−Removed: This Internet-protocol based transmission method permits television stations to offer enhanced and innovative services coupled with much improved
−Removed: broadcast signal reception, particularly by mobile devices.
−Removed: The new standard, however, is incompatible with both existing television receivers and with a station’s ability to continue offering its service via the current ATSC 1.0 digital standard.
−Removed: To avoid loss of service to those viewers who lack a new receiver, stations switching to ATSC 3.0 transmission are required to arrange for a local station that continues to use the current 1.0 standard to air (on a subchannel) programming “substantially similar” to that offered by the switching station on its 3.0 channel.
−Removed: In return, the 3.0 station could host the 3.0 signal of its 1.0 “host” station.
−Removed: This “simulcasting” requirement will sunset in July 2023, unless extended by the FCC.
−Removed: Scripps stations in several markets are operating with the new transmission protocol.
−Removed: The FCC remains committed to permitting non-broadcast spectrum use in the “white spaces” between television stations' protected service areas despite broadcasters’ concerns about the possibility of harmful interference to their existing service and to the potential for innovative uses of their broadcast spectrum in the future.
−Removed: In 2015, the FCC proposed to reserve a 6 MHz “vacant channel” in each market for non-broadcast, unlicensed services (including wireless microphones) which, if adopted, would have further reduced the spectrum available for television broadcasting.
−Removed: The reservation of spectrum in the “broadcast” band for interference-protected non-broadcast services could have had a particularly adverse effect on the ability of low-power and translator television stations to offer service since these stations enjoy only “secondary” status that offers no protection from interference caused by a full-power station.
−Removed: In late 2020, the FCC declined to adopt its own vacant channel proposal, although petitions for reconsideration of this decision remain pending.
−Removed: We cannot predict the outcome of these proceedings or their possible impact on the Company.
−Removed: In 2022, Congress passed the Low Power Protection Act, which directs the FCC to adopt rules that will allow certain low-power television stations to apply for “Class A” regulatory status, which will provide those stations with increased protection from interference.
−Removed: While certain low power television stations owned by the Company may qualify for this status, the FCC has not yet adopted rules implementing the Low Power Protection Act and we cannot predict the outcome of those proceedings or their possible impact on the Company.
−Removed: Full-power broadcast television stations generally enjoy “must-carry” rights on any cable television system defined as “local” with respect to the station.
−Removed: Stations may waive their must-carry rights and instead negotiate retransmission consent agreements with local cable companies.
−Removed: Similarly, satellite video providers are required to carry the signal of those television stations that request carriage and that are located in markets in which the satellite carrier chooses to retransmit at least one local station.
−Removed: Satellite video providers may not carry a broadcast station without its consent.
−Removed: For stations that do not elect mandatory carriage, FCC rules most recently revised in 2020 require parties to negotiate in “good faith” for retransmission consent agreements, and the FCC has imposed significant fines on parties who have been found to have violated these requirements.
−Removed: The Company has elected to negotiate retransmission consent agreements with cable operators and satellite video providers for the majority of both our network-affiliated stations and our independent stations.
−Removed: Prior to the Company’s 2021 acquisition of ION, only two Scripps stations had elected “must-carry” status, but all acquired ION stations rely on “must carry” to ensure carriage.
−Removed: Other proceedings before the FCC and the courts have reexamined the policies that protect television stations' rights to control the distribution of their programming within their local service areas.
−Removed: For example, the FCC in 2014 initiated a rulemaking proceeding on the degree to which an entity relying upon the Internet to deliver video programming should be subject to the regulations that apply to multi-channel video programming distributors (“MVPDs”), such as cable operators and satellite systems.
−Removed: While the major broadcast networks secured a victory in their lawsuit against the streaming service Locast, with the court finding that its retransmission of local television stations’ signals without their consent violated copyright law, the application of copyright law to other potential streaming services remains uncertain.
−Removed: We cannot predict the outcome of any FCC initiatives to address the use of new technologies to challenge traditional means of redistributing television broadcast programming or their possible impact on the Company.
−Removed: The FCC may impose substantial penalties for violations of its rules and policies.
−Removed: While uncertainty continues regarding the scope of the FCC's authority to regulate indecent programming, the agency has increased its enforcement efforts regarding other programming issues such as sponsorship identification, broadcasting improper emergency alerts and extending service to persons with disabilities.
−Removed: We cannot predict the effect of the FCC’s expanded enforcement efforts on the Company.
SCRIPPS NETWORKS
−Removed: Our Scripps Networks segment is comprised of nine national television networks - ION, Bounce, Court TV, Defy TV, Grit, ION Mystery, Laff, Scripps News and TrueReal.
+Added: Our Scripps Networks segment includes national news outlets Scripps News and Court TV as well as popular entertainment brands ION, Bounce, Defy TV, Grit, ION Mystery and Laff.
The networks reach nearly every U.S.
−Removed: television home through free over-the-air ("OTA") broadcast, cable/satellite, connected TV and digital distribution.
+Added: television home through free over-the-air broadcast, cable/satellite, connected TV and digital distribution.
The segment generates revenue principally from the sale of advertising time on the national television networks.
13 unchanged sentences
Programming expenses, employee costs and sales and marketing expenses are the primary operating costs of our Scripps Networks segment.
−Removed: Programming expenses accounted for 53% of our Scripps Networks segment's costs and expenses in 2022, reflecting both the costs of investing in quality programming and costs of distribution from carriage agreements with local television broadcasters and cable and satellite providers.
+Added: Programming expenses accounted for 54% of our Scripps Networks segment's costs and expenses in 2023, reflecting the costs of investing in quality programming, costs of distribution from carriage agreements with local television broadcasters and cable and satellite providers and costs of programming acquired under multi-year sports rights agreements.
The national networks are carried on both our owned and operated television stations and from carriage agreements with other broadcast stations.
−Removed: Our OTA television networks are well-positioned to capitalize on cord-cutting trends and provide a platform for delivering mass audiences to national advertisers.
−Removed: Our ION national television network reaches around 80 million domestic homes through its 44 owned and operated OTA broadcast TV stations, on pay TV platforms and independent broadcast affiliates that carry the ION programming.
+Added: Our over-the-air ("OTA") television networks are well-positioned to capitalize on cord-cutting trends and provide a platform for delivering mass audiences to national advertisers.
+Added: Our ION national television network is available in nearly 100% of U.S.
+Added: television broadcast homes.
+Added: It is available through its owned and operated OTA broadcast TV stations, on pay TV platforms and independent broadcast affiliates that carry the ION programming.
ION broadcasts popular scripted crime and justice procedural programming and has the fifth-largest average prime-time audience among all broadcast networks on television.
−Removed: ION elects government-mandated must-carry provisions, thereby ensuring its programming is available on cable and satellite systems.
−Removed: In 2022, ION was launched as a free advertising-supported streaming television ("FAST") channel with distribution across multiple streaming services.
+Added: ION generally elects government-mandated must-carry provisions, thereby ensuring its programming is available on cable and satellite systems.
+Added: ION is available as a free advertising-supported streaming television ("FAST") channel with distribution across multiple streaming services.
Bounce is available in approximately 98% of U.S.
2 unchanged sentences
Bounce programming represents a rich mosaic of the African American community, featuring both licensed and original dramas, sitcoms, movies and specials.
−Removed: Original programming includes hit series such as Johnson and Finding Happy .
−Removed: In the fourth quarter of 2021, Bounce XL was launched as a FAST channel with distribution on multiple streaming services.
−Removed: It is also available on multiple streaming services as an app.
+Added: Original programming includes the hit series Johnson.
+Added: Bounce XL is available as either an app or FAST channel with distribution on multiple streaming services.
Court TV is available in approximately 96% of U.S.
1 unchanged sentence
Court TV is devoted to live, gavel-to-gavel coverage, in-depth legal reporting and expert analysis of the nation's most important and compelling trials.
−Removed: Court TV is also available as either an app or FAST channel with distribution on multiple streaming services.
+Added: Court TV is available as either an app or FAST channel with distribution on multiple streaming services.
Defy TV reaches approximately 95% of U.S.
−Removed: television broadcast homes and features male-centric programming that includes reality-based series such as Pawn Stars , Forged in Fire , American Pickers and The Curse of Oak Island .
+Added: television broadcast homes and is a network that immerses viewers in the originality and eccentricity of those who cut against the grain.
+Added: Programming includes reality-based series such as Pawn Stars , Forged in Fire , American Pickers and Storage Wars.
Grit is available in approximately 99% of U.S.
1 unchanged sentence
Grit’s programming line-up is primarily iconic Western series and movies.
−Removed: In 2022, Grit Xtra was launched as a FAST channel with distribution across multiple streaming services.
+Added: Grit Xtra is available as a FAST channel with distribution across multiple streaming services.
ION Mystery is available in approximately 98% of U.S.
television broadcast homes, and its programming is anchored in popular true-crime and justice procedural programming.
−Removed: Programming on ION Mystery includes Bones , Scorpion , and CSI franchises.
−Removed: In 2022, ION Mystery was launched as a FAST channel with distribution across multiple streaming services.
+Added: Programming on ION Mystery includes NCIS and CSI franchises.
+Added: ION Mystery is available as a FAST channel with distribution across multiple streaming services.
Laff is available in approximately 95% of U.S.
television broadcast homes and targets comedy-lovers in the 18 to 49 age range.
−Removed: Programming on Laff includes popular sitcoms including Home Improvement , How I Met Your Mother and According to Jim .
−Removed: Scripps News (formerly Newsy)
+Added: Programming on Laff includes popular sitcoms such as Home Improvement , Last Man Standing, Man with a Plan and According to Jim .
+Added: Laff More is available as a FAST channel with distribution across multiple streaming services.
Scripps News is our national news network focused on bringing objective, fact-based reporting and analysis on world and national news, including politics, entertainment, science and technology.
−Removed: During the first six months of 2021, we exited the cable and satellite distribution of the network as part of a strategy to relaunch as an over-the-air network, which happened in October 2021.
Scripps News remains the nation's only free 24/7 broadcast news network, available in approximately 91% of U.S.
2 unchanged sentences
The network’s programming lineup includes Morning Rush , In the Loop with Christian Bryant , Scripps News Reports with Chance Seales and Scripps News Showcase .
−Removed: TrueReal reaches approximately 95% of U.S.
−Removed: television broadcast homes and features female-centric programming that includes reality-based shows such as Storage Wars , Married at First Sight , Hoarders and Little Women:
Information concerning our Scripps Networks FCC licensed television stations and the markets in which they operate is as follows:
6 unchanged sentences
WPPX Philadelphia, PA 34 2031 4
+Added: KPXD Dallas-Ft.
+Added: Worth, TX 25 2030 5
WBPX Boston, MA 22 2031 6
1 unchanged sentence
WPXG Boston, MA 23 2031 6
−Removed: KPXD Dallas-Ft.
−Removed: Worth, TX 25 2030 6
−Removed: WPXW Washington, DC-Hagerstown, MD 35 2028 7
−Removed: WWPX Washington, DC-Hagerstown, MD 13 2028 7
−Removed: KKPX San Francisco-Oakland-San Jose, CA 33 2030 8
−Removed: KPXB Houston, TX 32 2030 9
+Added: WPXW Washington, DC 35 2028 7
+Added: WWPX Washington, DC 13 2028 7
WPXA Atlanta, GA 16 2029 8
−Removed: KWPX Seattle-Tacoma, WA 33 2023 13
−Removed: KPXM Minneapolis-St.
−Removed: Paul, MN 16 (2) 14
−Removed: WPXM Miami-Ft.Lauderdale, FL 21 2029 15
+Added: KKPX San Francisco-San Jose, CA 33 2030 9
+Added: KPXB Houston, TX 32 2030 10
WXPX Tampa-St.
Petersburg, FL 29 2029 11
−Removed: WOPX Orlando-Daytona, FL 14 2029 18
−Removed: KSPX Sacramento-Stockton-Modesto,CA 21 (2) 20
−Removed: WINP Pittsburgh, PA 16 2023 21
+Added: KPXM Minneapolis-St.
+Added: Paul, MN 16 2030 14
+Added: KWPX Seattle, WA 33 2031 15
+Added: WPXM Miami, FL 21 2029 17
+Added: WOPX Orlando, FL 14 2029 18
+Added: KSPX Sacramento, CA 21 2030 20
Louis, MO 28 2029 22
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WRPX Raleigh-Durham, NC 32 2028 23
+Added: WINP Pittsburgh, PA 16 2031 24
KPXG Portland, OR 22 2031 25
WNPX Nashville, TN 32 2029 28
−Removed: KUPX Salt Lake City, UT 29 2030 34
WPXE Milwaukee, WI 30 2029 31
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KPXL San Antonio, TX 26 2030 38
−Removed: KMCC Las Vegas, NV 32 (2) 41
−Removed: WPXC Jacksonville, FL-Brunswick, GA 24 2029 44
+Added: WPXC Jacksonville, FL 24 2029 44
WPXQ Providence, RI 17 2031 52
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WPXK Knoxville, TN 18 2029 58
−Removed: KTPX Tulsa, OK 28 2030 61
WKOI Dayton, OH 31 2029 61
−Removed: WIPL Portland-Auburn, ME 24 2023 69
−Removed: KFPX Des Moines-Ames, IA 36 2030 72
+Added: KTPX Tulsa, OK 28 2030 62
+Added: KFPX Des Moines, IA 36 2030 71
+Added: WPXR Roanoke-Lynchburg, VA 27 2028 72
+Added: WIPL Portland, ME 24 2031 76
WLPX Charleston-Huntington, WV 18 2028 79
−Removed: WPXR Roanoke, VA 27 2028 75
WZRB Columbia, SC 25 2028 81
1 unchanged sentence
KPXR Cedar Rapids, IA 22 2030 90
−Removed: WEPX Greenville-New Bern, NC 36 2028 97
−Removed: WPXU Greenville-New Bern, NC 16 2028 97
−Removed: WTPX Wausau-Rhinelander, WI 19 2029 135
+Added: WEPX Greenville-Jacksonville, NC 36 2028 98
+Added: WPXU Greenville-Jacksonville, NC 16 2028 98
+Added: WTPX Wausau-Stevens Point, WI 19 2029 131
(1) Market rank is based on the 2023 Comscore HH Universe estimates.
−Removed: (2) Application for renewal of the license was submitted timely to the FCC.
−Removed: Under FCC rules, the license expiration date is automatically extended pending FCC review of and action on the renewal application.
+Added: Federal Regulation of Broadcasting — Broadcast television is subject to the jurisdiction of the FCC pursuant to the Communications Act of 1934, as amended (“Communications Act”).
+Added: The Communications Act prohibits the operation of broadcast stations except in accordance with a license issued by the FCC and empowers the FCC to revoke, modify and renew broadcast licenses, approve the transfer of control of any entity holding such a license, determine the location of stations, regulate the equipment used by stations and adopt and enforce necessary regulations.
+Added: As part of its obligation to ensure that broadcast licensees serve the public interest, the FCC exercises limited authority over broadcast programming by, among other things, requiring certain children's television programming and limiting commercial content therein, requiring the identification of program sponsors, including specific rules related to identifying programming sponsored or provided by foreign governments, regulating the sale of political advertising and the distribution of emergency information, and restricting indecent programming.
+Added: The FCC also requires television broadcasters to close caption their programming for the benefit of persons with hearing impairment and to ensure that any of their programming that is later transmitted via the Internet is captioned.
+Added: Network-affiliated television broadcasters in larger markets must also offer audio narration of certain programming for the benefit of persons with visual impairments.
+Added: Reference should be made to the Communications Act, the FCC’s rules and regulations, and the FCC’s public notices and published decisions for a fuller description of the FCC’s extensive regulation of broadcasting.
+Added: Broadcast licenses are granted for a term of up to eight years and are renewable upon request, subject to FCC review of the licensee's performance.
+Added: While there can be no assurance regarding the renewal of our broadcast licenses, we have never had a license revoked, have never been denied a renewal, and all previous renewals have been for the maximum term.
+Added: FCC regulations govern the ownership of television stations, and the agency is required by statute to review these rules every four years to determine if they continue to serve the public interest.
+Added: The FCC recently concluded the review that commenced in 2018, adopting an Order that largely retained the existing multiple ownership rules and added a prohibition on television broadcasters using multicast channels or low power television stations to acquire two “top-four” affiliations in a single market.
+Added: Existing combinations of two or more “top-four” affiliations are allowed to continue but cannot be sold together to a single buyer.
+Added: Court challenges to the Commission’s Order are expected.
+Added: The 2022 quadrennial review of the ownership rules remains open.
+Added: With respect to national television ownership, the FCC voted in December 2017 to consider whether and how it might revisit its rule preventing applicants from obtaining an ownership interest in television stations whose total national audience reach would exceed 39% of all television households.
+Added: Earlier in that year, the FCC also reinstated the 50% discount applied to the number of households deemed covered by UHF television stations.
+Added: Scripps' current national audience reach is 38.0% of television households after application of the “UHF discount.”
+Added: We cannot predict the outcome of these open proceedings, the expected court reviews of the FCC's most recent changes to its television ownership rules, or the effect of further FCC rule revisions on our stations' operations or our business.
+Added: The restrictions imposed by the FCC’s ownership rules may apply to a corporate licensee due to the ownership interests of its officers, directors or significant shareholders.
+Added: If such parties meet the FCC’s criteria for holding an attributable interest in the licensee, they are likewise expected to comply with the ownership limits, as well as other licensee requirements such as compliance with certain criminal, antitrust and antidiscrimination laws.
+Added: In order to provide additional spectrum for mobile broadband and other services, the FCC in 2017 conducted an incentive spectrum auction in which some television broadcasters agreed to voluntarily give up spectrum in return for a share of the auction proceeds.
+Added: No Scripps station went off-air or relinquished a UHF-band allocation for a VHF-band allocation as a result of the auction, but many of Scripps' full-power, Class A, and low-power and translator stations relocated to new channels in the reduced broadcast spectrum band.
+Added: All Scripps stations completed this transition timely.
+Added: Broadcasters are continuing to deploy a new voluntary digital television standard, ATSC 3.0.
+Added: This Internet-protocol based transmission method permits television stations to offer enhanced and innovative services coupled with much improved broadcast signal reception, particularly by mobile devices.
+Added: The new standard, however, is incompatible with both existing television receivers and with a station’s ability to continue offering its service via the current ATSC 1.0 digital standard.
+Added: To avoid loss of service to those viewers who lack a new receiver, stations switching to ATSC 3.0 transmission are required to arrange for a local station that continues to use the current 1.0 standard to air (on a subchannel) programming “substantially similar” to that offered by the switching station on its 3.0 channel.
+Added: In return, the 3.0 station could host the 3.0 signal of its 1.0 “host” station.
+Added: This “simulcasting” requirement was originally due to “sunset” in 2023 but has been extended by the FCC and is now due to expire in July 2027, unless further extended.
+Added: Scripps stations in several markets are operating with the new transmission protocol.
+Added: The FCC remains committed to permitting non-broadcast spectrum use in the “white spaces” between television stations' protected service areas despite broadcasters’ concerns about the possibility of harmful interference to their existing service and to the potential for innovative uses of their broadcast spectrum in the future.
+Added: In 2015, the FCC proposed to reserve a 6 MHz “vacant channel” in each market for non-broadcast, unlicensed services (including wireless microphones) which, if adopted, would have further reduced the spectrum available for television broadcasting.
+Added: The reservation of spectrum in the “broadcast” band for interference-protected non-broadcast services could have had a particularly adverse effect on the ability of low-power and translator television stations to offer service since these stations enjoy only “secondary” status that offers no protection from interference caused by a full-power station.
+Added: In late 2020, the FCC declined to adopt its own vacant channel proposal, although it continues to explore other ways to allow use of “white spaces” by unlicensed operators.
+Added: We cannot predict the outcome of these proceedings or their possible impact on the Company.
+Added: In 2022, Congress passed the Low Power Protection Act, which directed the FCC to adopt rules that will allow certain low-power television stations in smaller markets to apply for “Class A” regulatory status, which will provide those stations with increased protection from interference.
+Added: The FCC has adopted rules implementing the Low Power Protection Act, although those rules have not yet gone into effect.
+Added: When those rules become effective, eligible stations will have one year in which to apply for “Class A” status.
+Added: While certain low power television stations owned by the Company may be eligible to apply for this status, we cannot predict the outcome of any such applications or their possible impact on the Company.
+Added: Full-power broadcast television stations generally enjoy “must-carry” rights on any cable television system defined as “local” with respect to the station.
+Added: Stations may waive their must-carry rights and instead negotiate retransmission consent agreements with local cable companies.
+Added: Similarly, satellite video providers are required to carry the signal of those television stations that request carriage and that are located in markets in which the satellite carrier chooses to retransmit at least one local station.
+Added: Satellite video providers may not carry a broadcast station without its consent.
+Added: For stations that do not elect mandatory carriage, FCC rules most recently revised in 2020 require parties to negotiate in “good faith” for retransmission consent agreements, and the FCC has imposed significant fines on parties who have been found to have violated these requirements.
+Added: The Company has elected to negotiate retransmission consent agreements with cable operators and satellite video providers for the majority of both our network-affiliated stations and our independent stations.
+Added: Prior to the Company’s 2021 acquisition of ION, only two Scripps stations had elected “must-carry” status, but all acquired ION stations rely on “must carry” to ensure carriage.
+Added: Other proceedings before the FCC and the courts have reexamined the policies that protect television stations' rights to control the distribution of their programming within their local service areas.
+Added: For example, the FCC in 2014 initiated a rulemaking proceeding on the degree to which an entity relying upon the Internet to deliver video programming should be subject to the regulations that apply to multi-channel video programming distributors (“MVPDs”), such as cable operators and satellite systems.
+Added: While the major broadcast networks secured a victory in their lawsuit against the streaming service Locast, with the court finding that its retransmission of local television stations’ signals without their consent violated copyright law, the application of copyright law to other potential streaming services remains uncertain.
+Added: We cannot predict the outcome of any FCC initiatives to address the use of new technologies to challenge traditional means of redistributing television broadcast programming or their possible impact on the Company.
+Added: The FCC may impose substantial penalties for violations of its rules and policies.
+Added: While uncertainty continues regarding the scope of the FCC's authority to regulate indecent programming, the agency has increased its enforcement efforts regarding other programming issues such as sponsorship identification, broadcasting improper emergency alerts and extending service to persons with disabilities.
+Added: We cannot predict the effect of the FCC’s expanded enforcement efforts on the Company.
Employees and Human Capital Resource Management
1 unchanged sentence
Identifying quality talent is at the heart of everything we do and our business success is dependent upon our ability to attract, develop and retain highly qualified employees.
−Removed: Our core values of courage, compassion, excellence, fairness, integrity and respect establish the foundation on which the culture is built and represent the key expectations we have of our employees.
+Added: Our core values of courage, compassion, curiosity and community establish the foundation on which the culture is built and represent the key expectations we have of our employees.
Our goal is to hire the best, to spark their passion for the job and then to nourish their career with tools that will help them learn and excel.
We believe our culture and commitment to our employees help us attract and retain our qualified talent, while simultaneously providing significant value to Scripps and its shareholders.
−Removed: As of December 31, 2022, we had approximately 5,700 full-time equivalent employees, of whom approximately 4,400 were with Local Media and 900 with Scripps Networks.
+Added: In January 2023, we announced a strategic reorganization of the Company to further leverage our strong position in the U.S.
+Added: television ecosystem and propel our growth across new distribution platforms and emerging media marketplaces.
+Added: We created the role of chief operating officer to oversee both the Scripps Networks and Local Media businesses.
+Added: The chief operating officer is leading the reorganization process to create a nimbler organizational structure, including the centralization of certain services as well as the consolidation of layers in management.
+Added: Underlying our intent to restructure and reorganize is a sincere commitment to the Scripps mission.
+Added: Our company has a long history of evolving to meet the changing needs of the media consumer.
+Added: As of December 31, 2023, we had approximately 5,200 employees, including full-time and part-time employees.
Various labor unions represent approximately 400 employees, all of which are in Local Media.
4 unchanged sentences
Our goal is to support all employees with the resources and development opportunities they need to write their own stories.
−Removed: Our overarching Equity, Diversity and Inclusion ("EDI") strategy focuses on building awareness of the importance of EDI in our workplaces and communities, empowering leaders to employ EDI practices in their business units or reporting structures, and tracking its equity, diversity and inclusion efforts, which culminates in regulatory reporting (Equal Employment Opportunity-1 reports), divisional analysis and regular reports to the Company’s Board of Directors.
−Removed: The EDI team has developed plans to direct our Company based on our guiding principles:
+Added: Our overarching Equity, Diversity and Inclusion ("EDI") strategy focuses on building awareness of the importance of EDI in our workplaces and communities, empowering leaders to employ EDI practices in their business units or reporting structures, and tracking its equity, diversity and inclusion efforts, which culminates in required regulatory reporting (Equal Employment Opportunity-1 reports), divisional analysis and regular reports to the Company’s Board of Directors.
+Added: Leading Scripps' diversity, equity and inclusion strategies across the enterprise is the chief diversity & inclusion officer ("CDO").
+Added: This past year, we designated the CDO as a standalone role with a singular focus on EDI that directs our EDI strategy based on our guiding principles:
• Culture - To foster a culture that embraces each person's diversity and empowers employees to reach their full potential,
1 unchanged sentence
• Business - to create additional value for Scripps and drive stronger business results by leveraging new ideas and innovation that stem from a culture of inclusion.
−Removed: Leading Scripps’ diversity, equity and inclusion strategies across the enterprise is a chief diversity officer.
−Removed: She and her team partner with business and human resources leaders to develop and implement the EDI strategy as well as action plans that continually evolve Scripps’ EDI commitment.
+Added: The CDO's team partners with business, senior leadership and human resources leaders to develop and implement the EDI strategy as well as action plans that continually evolve Scripps’ EDI commitment.
The components of these plans include:
−Removed: • HR/EDI Strategic Purpose/Enterprise HR Objective:
+Added: • Enterprise HR Objective:
Foster diverse, inclusive, respectful workplaces focused on recruiting and developing talent that drives a high-performance, mission-oriented culture to support business objectives.
4 unchanged sentences
Our four diversity pillars are:
−Removed: Race, Gender, LGBTQ+ and veterans.
−Removed: As a key focus of our EDI journey, we have labored to help both employees and external stakeholders understand how and why Scripps is focused on a more equitable, diverse and inclusive workplace.
+Added: Race, Gender, LGBTQ+ and veterans, and we hope to add a fifth, disability, before year end 2024.
+Added: As a foundation of our EDI journey, we work to help both employees and external stakeholders understand how and why Scripps is focused on a more equitable, diverse and inclusive workplace.
The awareness and educational part of our strategy is foundational to improving representation in our workforce.
−Removed: We celebrate our history and heritage months and ensure ongoing learning opportunities through The Welcome Table, which highlights educational awareness;
+Added: We now celebrate our history and heritage months throughout the year and ensure ongoing learning opportunities through The Welcome Table, which highlights educational awareness;
Courageous Conversations, showcasing robust, candid discourse among employees and speakers;
EDI Academy, which promotes intimate topical exchanges;
−Removed: and our annual Diversity Symposium.
−Removed: To engage employees deeper in our organization, we’ve also introduced our EDI Advisory Council, which will leverage employee
−Removed: perspectives on our EDI strategy and supporting tactics.
+Added: EDI Journey, which pairs two employees from diverse backgrounds on a six-week getting-to-know you program filled with meaningful conversations, and our annual Diversity Symposium.
+Added: To engage employees deeper in our organization, we’ve also introduced our EDI Advisory Council, which will leverage employee perspectives on our EDI strategy and supporting tactics.
Our Employee Resource Groups have increased across the organization, with each diversity pillar represented.
−Removed: We kicked off several new opportunities in 2022, including incorporating EDI discussions into the onboarding process, ensuring each new employee has a firm grasp of our EDI strategy and regularly offering unconscious bias trainings to all employees.
−Removed: We also have been focused on evolving our television programming through the lens of our EDI goals.
−Removed: In 2022, we created a dedicated position to lead efforts in inclusive journalism, helping our news markets better connect with their audiences.
−Removed: This person partners with news leaders in implementing the company’s audience and demographic research findings, developing EDI best practices and placing a greater emphasis on representing all sectors of our audiences.
−Removed: In 2022, we held our second annual EDI Symposium, which is our annual, weeklong event featuring internal and external speakers talking to our employees about topics related to EDI.
−Removed: More than 3,800 employees joined 14 inspiring sessions – a 31% increase over last year’s symposium.
+Added: In 2023, we held our third annual EDI Symposium, which is our annual, weeklong event featuring internal and external speakers talking to our employees about multiple dimensions of difference including, but not limited to, visible and invisible disabilities, behavioral health and wellness and EDI and appearance bias related to size, tattoos and hair texture.
+Added: More than 3,800 employees joined 14 inspiring sessions.
Of those, 39% were in manager and executive roles.
−Removed: At its core, our EDI work is about engaging every employee and helping them to participate at work at their fullest level, to achieve the satisfaction of belonging and performing well.
+Added: At its core, our EDI work is about engaging every employee and helping them to participate at work at their fullest level, to achieve a truly inclusive workplace culture where they experience the satisfaction of belonging and performing well.
Compensation and Benefits
9 unchanged sentences
Additionally, we offer a 401(k) defined contribution plan to employees and an executive deferred compensation plan to certain senior-level employees.
−Removed: Financial counseling is available at no cost to our employees providing access to confidential, one-on-one financial coaching and online resources to help with every day financial decisions and planning for life events.
Through the Scripps Howard Fund, our employees have opportunities to apply for grants to support their volunteer efforts in local communities as well as charitable contribution matching gifts.
5 unchanged sentences
Our executive officers and supervisors maintain “open door” policies and any form of retaliation is strictly prohibited.
+Added: Our chief ethics officer is responsible for the implementation and oversight of the Code of Conduct, monitors the ethics hotline, investigates ethics concerns and reports to the Board's Nominating & Governance Committee on related quarterly activity.
Additionally, the Company has in place a Code of Business Conduct and Ethics for the chief executive officer and the senior financial and accounting officers.
−Removed: We also require our journalists to read and sign our Journalism Code of Ethics, and we provide Social Media Guidelines that help our employees understand how to protect the reputations of themselves and the Company on social media platforms.
+Added: We also require our journalists to read and sign our Journalism Code of Ethics, and we provide Social
+Added: Media Guidelines that help our employees understand how to protect the reputations of themselves and the Company on social media platforms.
Professional Development and Training
−Removed: We believe a key factor in employee retention is training and professional development for our talent.
−Removed: We have training programs across all levels of Scripps to meet the needs of various roles, specialized skill sets and departments across the Company.
−Removed: We use certain employee turnover rates in assessing our employee programs to ensure that they are structured to instill high levels of employee tenure, low levels of voluntary turnover and optimal productivity and performance across our workforce.
−Removed: In 2022, we implemented quarterly all-employee engagement surveys.
−Removed: Data is aggregated and shared with management to help us understand priorities and opportunities that our employees find beneficial to their everyday work life.
−Removed: To assist us with helping employees' career growth and exploration, we invited employees to update their experience, skills and interests in our human capital management system.
−Removed: Additionally, we utilize a performance evaluation program that adopts a modern approach to valuing and strengthening individual performance through on-going interactive progress assessments related to established goals and objectives.
+Added: We believe a key factor in employee retention is training and professional development for our people.
+Added: We have designed training programs to meet the needs of various roles, specialized skill sets and departments across the Company.
+Added: In addition, we have dedicated time, resources and focus to developing people leaders across all levels of the organization, from the first-time frontline manager to aspiring executive.
+Added: We use certain workforce metrics to inform the structure and effectiveness of our programs.
+Added: These metrics include performance and productivity, employee internal movement and voluntary turnover.
+Added: To assist employees with career growth and exploration, we invite them to update their interests, experience and skills in our human capital management system.
+Added: This provides visibility into the capabilities and career aspirations of our people, allowing us to map employees to new opportunities and employees to self-explore ways in growing their careers.
+Added: Additionally, we use a performance evaluation program that adopts a modern approach to valuing and strengthening individual performance through on-going interactive progress assessments related to established goals and objectives.
Communication and Engagement
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annual all-employee awards program;
−Removed: employee engagement surveys;
and regular town hall meetings with the CEO and other executives.
+Added: We also welcome communication from our employees through focus groups, employee experience councils and town hall meeting surveys.
In addition, Scripps employees across the country are giving back in their local communities through reporting on critical issues, entertaining audiences with quality content, fundraising to help those in need and volunteering for important causes.
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.