New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
June 16, 2014
12:29 EDTSSPE.W. Scripps closes purchase of two stations
E.W. Scripps closed its deal to acquire two television stations owned by Granite Broadcasting – Detroit MyNetworkTV affiliate WMYD and Buffalo, N.Y., ABC affiliate WKBW. The $110M transaction is structured as a purchase of assets and was funded with cash on hand. Scripps has said the two stations would add $30M in revenue and $10M of segment profit in the first full year it operates them.
News For SSP From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
October 10, 2014
08:33 EDTSSPJournal Communications unit to sell KFTI-FM
Journal Broadcast Group, a subsidiary of Journal Communications (JRN) has announced an agreement to sell radio station KFTI-FM in Wichita to Envision Broadcast Network, which is affiliated with Envision. Journal Broadcast Group is required to divest one FM station in its Wichita cluster as a result of the announced transaction between Journal Communications and E.W. Scripps (SSP), in order to comply with the FCC’s ownership limits. As part of that transaction, Journal Broadcast Group’s TV and radio stations will become part of Scripps, and both companies’ newspaper operations will be spun off and then merge to form a new public company called Journal Media Group. The transaction is expected to close in 2015. The sale of KFTI is contingent on FCC approval.
October 8, 2014
09:08 EDTSSPE.W. Scripps acquires mobile weather technology firm WeatherSphere
Subscribe for More Information
06:35 EDTSSPE.W. Scripps acquires WeatherSphere, terms not disclosed, TechCrunch reports
Subscribe for More Information

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use