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E. W. Scripps Company Class A ( (SSP) ) has shared an update.
The E.W. Scripps Company announced it will cease Scripps News’ 24/7 national network programming after November 15th, leading to the departure of President Kate O’Brian at year’s end. This strategic shift will result in over 200 job cuts, although around 50 staff members will continue to produce content for streaming, digital platforms, and local news under the Scripps News brand.
For an in-depth examination of SSP stock, go to TipRanks’ Stock Analysis page.