(NASDAQ:SSP) CINCINNATI, Sept. 3, 2025 /PRNewswire/ -- The E.W. Scripps Company (NASDAQ: SSP) has reached an agreement to sell WFTX, its local Fox-affiliated station in Fort Myers, Florida, to Sun Broadcasting for $40 million. Sun Broadcasting is a private broadcaster operating radio and television...
Related Questions
How will the $40âŻmillion proceeds from the sale affect Scrippsâ balance sheet and capitalâallocation strategy?
What impact will the divestiture of WFTX have on Scrippsâ overall revenue outlook and operating margins?
How does this transaction compare to recent mediaâasset sales in the sector, and does it indicate a broader strategic shift for Scripps?