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EN
Scripps Suffers A Steep Net Loss In Difficult Q2
['Adam Jacobson', 'Adam R Jacobson Is A Veteran Radio Industry Journalist', 'Advertising Industry Analyst With General', 'Multicultural', 'Hispanic Market Expertise. To He Served As An Editor At Radio', 'Christian G.', 'Steven Nolen']
Radio & Television Business Report
CINCINNATI — Just days after the company’s CEO in an internal memo confirmed that nearly 270 individuals would be losing their jobs as part of a “refounding” effort, The E.W.
Scripps Co. late Thursday released a second quarter earnings report that is wholly effected by a massive $1.14 billon non-cash impairment charge and primarily linked to a nearly $50 million decline in operating revenue.