Added to YB: 2026-08-06
Pitch date: 2026-08-03
SSP [bullish]
The E.W. Scripps Company
+2.14%
current return
Author Info
No bio for this author
Company Info
The E.W. Scripps Company, together with its subsidiaries, operates as a media enterprise through a portfolio of local television stations, national news, and entertainment networks in the United States.
Market Cap
$258.1M
Pitch Price
$2.81
Price Target
N/A
Dividend
N/A
EV/EBITDA
10.02
P/E
-1.53
EV/Sales
1.53
Sector
Media
Category
special_situation
The E.W. Scripps Company ($SSP)
SSP: Levered ($3.36bn debt incl Berkshire pref) local broadcaster; equity stub $274.6M mkt cap at $3/sh, 7.7-9.9x EBITDA ($331M 2025). Sinclair (9.9% stake) offered $7/sh (200% premium, 7x EV/EBITDA), rejected via poison pill by controlling Scripps family. Bull: industry consolidation as FCC scraps 39% cap; CEO incentive tied to $10 stock + any change-of-control payout; insider/family/Gabelli buying. 2026 midterm ad boom + $125-150M EBITDA transformation plan by 2028 = equity multi-bagger torque. Risks: family may never sell, debt could wipe equity, CEO paid regardless of minority terms.
Read full article (12 min)