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Posts Tagged ‘E.W. Scripps Company’

Scripps Home-Grown Syndicated Shows Gaining Viewers

Last September the E.W. Scripps Company dropped syndicated dinosaurs “Wheel of Fortune” and “Jeopardy” at some of its owned stations and replaced them with its own programming.

The station group developed two shows, “Let’s Ask America” a game show using Skype which it developed in conjunction Warner Bros. Telepictures and pop culture show “The List.” It then programmed seven of its owned stations with “Let’s Ask America” and six with “The List.” TVSpy checked in with Scripps to see how the shows were doing.

“We are very happy with the performance of both shows,” Robert Sullivan, vice president of content for Scripps told TVSpy. “Both have grown book to book in key demos since their launch last fall.” Read more

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Scripps TV Revenue Rises to $152M in Q4

Revenue from The E.W. Scripps Company’s television stations rose to $152 million in the fourth quarter of 2012, up from $84.7 million in the year-ago quarter. On a same station basis, revenue was up 39%.

Excluding the company’s newly-acquired stations, political advertising totaled $44.1 million for the quarter. The political ads were up significantly compared to the previous election cycle in Q4 2010 ($28.1 million) and the previous Presidential election cycle in Q4 2008 ($26.0 million).

Local advertising was up 11% to $54.9 million, while national advertising was up 12% to $25.9 million. On a same-station basis, local was down 12% and national was down 17% due to displacement caused by a surge in political advertising.

“Investing to expand our television portfolio and to improve our local news programming resulted in an attractive platform for political advertising and the most effective voice for election-year journalism ever staged by Scripps,” president and CEO Rich Boehne said in a statement.

Q3 Earnings: Scripps Reports 41% Increase in Same-Station Revenue

The E.W. Scripps Company today reported third quarter revenue of $125 million for its station group, compared to $70 million during the same period last year. On a same-station basis, Scripps says revenue increased +41%, to $98.8 million, in Q3.

Compared to the year-ago quarter, the station group reported a +25% increase in local advertising and a +39% increase in national advertising. Political advertising for Scripps brought in $33.9 million in the third quarter of 2012, compared to $2 million in the 2011 quarter.

“In the television division, our investments in local news content, original programming to replace underperforming syndicated shows, and in sales infrastructure to maximize political dollars are all showing strong returns on investments,” Scripps president and CEO Rich Boehne said in a statement.