Successful Completion of Retransmission Negotiations
Completed retransmission negotiations covering 25% of legacy PayTV households, indicating strong progress in operational goals.
Improved Margins in Scripps Networks
Delivered 870 basis points of margin improvement in the Scripps Networks division, surpassing the expected range of 400 to 600 basis points.
Strong Connected TV Revenue Growth
Connected TV revenue increased by 42%, fueled by effective sales strategies and the popularity of sports content like the National Women's Soccer League.
Debt Refinancing and Reduction
Closed refinancing transactions and retired or extended maturity of $1.5 billion in debt, reducing leverage ratio to 4.9 times.
Recognition for News Teams
Scripps news teams received multiple prestigious journalism awards, including eight national Emmy nominations, highlighting the company's strength in content creation.
Growth in Women's Sports Programming
New broadcast partnerships with the WNBA's Las Vegas Aces and the introduction of new sports properties like the SI Women's Games emphasize strong cultural connections and growth in sports programming.