Katz Broadcasting

Scripps reports Q1 2024 financial results

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torsdag, maj 9, 2024
E. W. Scripps Company, Sale, Total, United States Senate, ION, Katz Broadcasting, Sport, News, Scripps News, Bounce TV, SSP, Vegas Golden Knights, Katz, Senate, WNBA, Berkshire Hathaway, Republican National Committee, Advertising, NWSL, National Hockey League, Atmosphere, Sherrod Brown, Growth, Video game

Scripps Company (NASDAQ: SSP) delivered $561 million in revenue for the first quarter of 2024.

Key Points: 
  • Scripps Company (NASDAQ: SSP) delivered $561 million in revenue for the first quarter of 2024.
  • Scripps now believes its 2024 election-year political advertising revenue will reach the range of $240 million-$270 million.
  • We also are seeing green shoots in the national direct response advertising marketplace while scatter market pricing improved in Q1 2024 over Q1 2023.
  • First-quarter 2024 results by segment compared to prior-period amounts:
    Revenue was $353 million, up 13% from the prior-year quarter.

Scripps National Spelling Bee to host 245 spellers at 2024 Bee Week

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onsdag, maj 8, 2024
Windsor Star, Language, Nandakumar, ION, Katz Broadcasting, XL, News, Book, Scripps News, Love, Empowerment, Convention center, Scripps National Spelling Bee, Bee, Ion Mystery, Ion Plus, Athlete, Laff, Defy TV, Apple, Atmosphere, National Harbor, Maryland, Scripps

CINCINNATI, May 8, 2024 /PRNewswire/ -- The 2024 Scripps National Spelling Bee brings a field of 245 competitors – the largest since 2019 – to National Harbor, Maryland, from May 28-30, including six former finalists and three four-time national participants.

Key Points: 
  • CINCINNATI, May 8, 2024 /PRNewswire/ -- The 2024 Scripps National Spelling Bee brings a field of 245 competitors – the largest since 2019 – to National Harbor, Maryland, from May 28-30, including six former finalists and three four-time national participants.
  • Highlights of the 2024 Scripps National Spelling Bee field:
    The spellers range in age from 8 to 15.
  • More than 73 percent – 180 spellers – are competing in their first Scripps National Spelling Bee.
  • The Bee on Scripps Networks:
    The Bee will again air on ION this year after a strong first two years on Scripps' national network.

DIRECTV Delivers More Choice with Seven New Channels from Cineverse and Scripps Networks

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tisdag, april 23, 2024
Midnight, The Film Detective, Lost, Cinedigm, Katz Broadcasting, H.R. Pufnstuf, News, Real Madrid CF, Sport, Friends, Sea Monsters, Scripps News, Dove Channel, Entrepreneurship, Land of the Lost, Brian Volk-Weiss, Animation, Family, Crime, LOS, Music, Fandom, Court TV, DIRECTV, Entertainment, Scripps, Cable television

LOS ANGELES, April 23, 2024 /PRNewswire/ -- DIRECTV is adding seven new channels to its rapidly expanding streaming lineup through new licensing agreements with Cineverse Corp. (NASDAQ: CNVS) and Scripps Networks.

Key Points: 
  • The first of Cineverse's more than a dozen popular channels to join DIRECTV streaming homes are The Bob Ross Channel, Comedy Dynamics, Dog Whisperer with Cesar Millan, and Dove Channel (family programming).
  • After that, DIRECTV and Cineverse will identify other popular networks from within the Cineverse portfolio to potentially add to DIRECTV's lineup in subsequent months.
  • Additionally, through a separate deal with Scripps Networks, Court TV and Scripps News are also immediately available to DIRECTV customers' streaming entertainment.
  • "With DIRECTV, our channels continue to expand their reach across platforms, increasing our ability to connect with existing fandoms and new audiences for our premium content across every popular genre," said Cineverse EVP Partnerships Marc Rashba.

ChoiceSpine LLC Announces Changes in Leadership Roles

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torsdag, januari 18, 2024
Health Technology, Health, Surgery, Medical Devices, Clemson University, Senior, Family, Spinal fusion, VBR, Ruby, International business, Biological engineering, PYA, Katz Broadcasting, Spine, Mechanical, MBA, Investment, 3D, FDA, Doctor of Philosophy, East Tennessee State University, Mechanical engineering, Growth, Management

ChoiceSpine LLC, a medical device company in Knoxville, Tennessee, and privately held by Altus Capital Partners, announces that Marty Altshuler and Rick Henson, founders and Co-Presidents of ChoiceSpine, transitioned to Executive Advisor roles following 18 years of leading the company.

Key Points: 
  • ChoiceSpine LLC, a medical device company in Knoxville, Tennessee, and privately held by Altus Capital Partners, announces that Marty Altshuler and Rick Henson, founders and Co-Presidents of ChoiceSpine, transitioned to Executive Advisor roles following 18 years of leading the company.
  • Conjointly, effective January 01, 2024, the Board of Directors for ChoiceSpine, LLC selected Stephen Ainsworth, Executive Vice President of Strategy and Technology, and Andy Broyles, Chief Financial Officer, to succeed Mr. Altshuler and Mr. Henson as Co-Presidents of ChoiceSpine.
  • Mr. Altshuler and Mr. Henson will remain with ChoiceSpine, serving on the Board of Directors and as advisors to the Executive Team.
  • This strategic move is poised to enhance the company's innovative edge and continued growth in the spine market.

Velocity Capital Management Acquires Parella Motorsports Holdings, the Largest Grassroots Motorsports Racing Platform in North America

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onsdag, december 6, 2023
Motor Sports, General Entertainment, Entertainment, Sports, Circuit of the Americas, Entrepreneurship, Formula 4, Intellectual property, Ecosystem, Social media, Sony Pictures Television, Katz Broadcasting, Growth, Family, Pirelli, Rockefeller Capital Management, Family office, Sport, Sportscar Vintage Racing Association, Madison Square Garden, Velocity, Parella

Velocity Capital Management (“Velocity”), a private equity firm specializing in value-add investing in high growth companies across the sports, media, and entertainment ecosystem, today announced that its Velocity Opportunity Fund has acquired Parella Motorsports Holdings, the largest owner and operator of grassroots motorsports live events racing classifications across the U.S. and Canada.

Key Points: 
  • Velocity Capital Management (“Velocity”), a private equity firm specializing in value-add investing in high growth companies across the sports, media, and entertainment ecosystem, today announced that its Velocity Opportunity Fund has acquired Parella Motorsports Holdings, the largest owner and operator of grassroots motorsports live events racing classifications across the U.S. and Canada.
  • “After achieving accelerated growth over the past 12 years, I have been seeking the right partner to help me realize my vision for Parella Motorsports and I am thrilled to be collaborating with the Velocity team,” said Tony Parella, Chief Executive Officer of Parella Motorsports Holdings.
  • David Abrams, Co-Founder and Managing Partner of Velocity, said, “We welcome Tony and the entire Parella team to our family.
  • We have assembled an incredible group that will work with management and Velocity to execute our growth initiatives.

Anuradha Subramanian Joins The New York Times Company Board of Directors

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måndag, november 13, 2023
Media, Communications, Other Communications, Publishing, Delhi University, Yale school, Commerce, Ernst & Young, Bumble, Vice Media, Citigroup, Honor, Katz Broadcasting, Management, Yale School of Management, Scripps Networks Interactive

The New York Times Company announced today that Anuradha (Anu) B. Subramanian, chief financial officer of Bumble Inc., has been appointed to its board of directors.

Key Points: 
  • The New York Times Company announced today that Anuradha (Anu) B. Subramanian, chief financial officer of Bumble Inc., has been appointed to its board of directors.
  • She brings two decades of experience in key financial roles at a variety of public consumer and media companies.
  • Previously, she was the chief financial officer of digital at Univision Communications Inc. Ms. Subramanian served as chief financial officer, digital at VICE Media in 2017.
  • Prior to Scripps Networks, Ms. Subramanian worked in investment banking at Citi as part of the media and telecom group.

Scripps reports Q2 2023 financial results

Retrieved on: 
fredag, augusti 4, 2023
Berkshire Hathaway, ESPN, WNBA, Advertising, Scripps News, Partnership, Stanley, Life, SSP, Atmosphere, E. W. Scripps Company, ION, Credit agreements in South Africa, Vegas Golden Knights, Stanley Cup, CTV, Eighth, Katz Broadcasting, Acquisition, Local Media Group, Sport, Growth, News, Thirty-eighth Amendment of the Constitution of Ireland, Total, Pharmaceutical industry, Video game, Marketing, Security (finance), Livestock, Credit, Scripps

Scripps Company (NASDAQ: SSP) delivered $583 million in revenue and $112 million in segment profit for the second quarter of 2023.

Key Points: 
  • Scripps Company (NASDAQ: SSP) delivered $583 million in revenue and $112 million in segment profit for the second quarter of 2023.
  • In late June, Scripps News began running live news programs on many of Scripps' local television stations as part of their daily lineups.
  • "Scripps Sports and Scripps News are both important components to the reorganization we began at the start of the year.
  • Second-quarter 2023 results by segment compared to prior-period amounts:
    Revenue was $352 million, down 1% from the prior-year quarter.

2023 Scripps National Spelling Bee seen by 9.2 million viewers, up 22% vs. 2022

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måndag, juni 12, 2023
Comparison, SSP, E. W. Scripps Company, ION, Gaylord National Resort & Convention Center, Katz Broadcasting, TrueReal, Scripps National Spelling Bee, Scripps, Final, Nielsen, 94th Scripps National Spelling Bee, Convention center, Ion Mystery, Laff, Bee, Television

CINCINNATI, June 12, 2023 /PRNewswire/ -- The Scripps National Spelling Bee's semifinals and finals drew 9.2 million viewers this year, an increase of 22% over 2022 when it debuted on ION. The finals (live and immediate encore) on June 1 reached its largest audience since 2012 – 6.1 million viewers, an increase of 30% over 2022.

Key Points: 
  • CINCINNATI, June 12, 2023 /PRNewswire/ -- The Scripps National Spelling Bee's semifinals and finals drew 9.2 million viewers this year, an increase of 22% over 2022 when it debuted on ION.
  • The finals (live and immediate encore) on June 1 reached its largest audience since 2012 – 6.1 million viewers, an increase of 30% over 2022.
  • Last year's Spelling Bee programming, including a one-hour original special, "Road to the Bee," aired on ION, Bounce, Laff and TrueReal and was seen by 7.5 million viewers.
  • Dev Shah, a 14-year-old speller from Largo, Florida, won the 2023 Scripps National Spelling Bee in the 15th round of onstage competition.

Dev Shah declared champion of the 2023 Scripps National Spelling Bee

Retrieved on: 
fredag, juni 2, 2023
Kapu, Learning, Scripps News, Scripps Networks Interactive, Scholastic, SSP, E. W. Scripps Company, ION, Gaylord National Resort & Convention Center, Katz Broadcasting, Encyclopædia Britannica, Merriam-Webster, Language, Sioux City Journal, Scripps National Spelling Bee, Defy, Apple, News, Convention center, Ion Mystery, Laff, Bee, Tutoring, Scripps

CINCINNATI, June 1, 2023 /PRNewswire/ -- Dev Shah, a 14-year-old speller from Largo, Florida, is the champion of the 2023 Scripps National Spelling Bee.

Key Points: 
  • CINCINNATI, June 1, 2023 /PRNewswire/ -- Dev Shah, a 14-year-old speller from Largo, Florida, is the champion of the 2023 Scripps National Spelling Bee.
  • Scripps Company (NASDAQ: SSP), presented the championship trophy moments before ION signed off from the 95th Scripps National Spelling Bee.
  • "The Scripps National Spelling Bee is a familiar American experience that inspires and moves us all – it shines a spotlight on camaraderie, learning and language.
  • The 95th Scripps National Spelling Bee took place at the Gaylord National Resort & Convention Center in National Harbor, Maryland.

Scripps National Spelling Bee to host 231 spellers at 2023 Bee Week

Retrieved on: 
torsdag, maj 11, 2023
Kapu, News, Gaylord National Resort & Convention Center, Spelling bee, Scripps News, Defy TV, Scripps Networks Interactive, The New York Times, ION, Library, Keim, Gaylord, Katz Broadcasting, Scripps National Spelling Bee, Congress, Baylor University, Akash Vukoti, Apple, 94th Scripps National Spelling Bee, XL, Euroleague Basketball Next Generation Tournament, Ion Plus, Convention center, Ion Mystery, PBS, Television, Laff, Bee, Communications satellite, Central Texas, Scripps

CINCINNATI, May 11, 2023 /PRNewswire/ -- The Scripps National Spelling Bee will welcome 231 spellers to National Harbor, Maryland, from May 30-June 1 for the national rounds of its 95th competition since being founded in 1925.

Key Points: 
  • CINCINNATI, May 11, 2023 /PRNewswire/ -- The Scripps National Spelling Bee will welcome 231 spellers to National Harbor, Maryland, from May 30-June 1 for the national rounds of its 95th competition since being founded in 1925.
  • Highlights of the 2023 Scripps National Spelling Bee field:
    The spellers range in age from 9 to 14.
  • Nearly 80 percent – 182 spellers – are competing in their first Scripps National Spelling Bee this year.
  • Fourteen spellers are competing in their third Scripps National Spelling Bee.