Added to YB: 2025-02-10
Pitch date: 2024-12-26
SSP [bullish]
The E.W. Scripps Company
+44.55%
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
$164.5M
Pitch Price
$2.02
Price Target
N/A
Dividend
N/A
Sector
Media
Category
turnaround
The E.W. Scripps Company - $SSP
SSP: TV broadcaster trading at $2/share, 190M market cap. Refinancing risk due to high debt, but potential $600M debt paydown in 2025. Berkshire investment, family reputation, asset sales (Bounce ~$300M), political ad revenue, and spectrum value provide upside. CEO focused on delevering. High risk, high reward opportunity.
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