E.W. Scripps reports $3.5 million loss for third quarter

05 Nov 2009

The E.W.Scripps Company just reported a net loss from continuing operations of $3.5 million for Q309, up from the prior year’s $3.1 million loss. Consolidated revenues were $186 million.

TV station revenue was down 22 percent year over year, with local ads down 15 percent, national advertising decreasing 18 percent, and political ads about one tenth of what they had been in the 2008 U.S.

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Sharon Hill

Sharon Hill has been a senior writer / analyst with the AIM Group since 2004, except for a two-year time-out to serve as sales and marketing manager for Suburban Newspapers of America. She worked at newspapers in California, the Carolinas and Indiana as a classified advertising sales supervisor and manager, and in newspaper circulation in Alaska. At the SNA, she was responsible for bringing in new members; lining up exhibitors, and helping develop programs for the classified conference and the classified alliance. She is also co-author of “Implementing and Managing Telework: A Guide for those who make it Happen” (Praeger Press) and a prolific blogger and social media user. She is based in Phoenix.