E.W. Scripps outlines cost-cutting measures and forecasts strong political ad spend for Q2 2026.
E.W. Scripps expects to achieve $100M in annual run-rate savings by year-end, targeting operational efficiencies. The company also forecasts political advertising revenue between $225M and $250M for Q2 2026.
Management cited regulatory decisions aimed at leveling the media landscape as a positive development. The projected savings follow efforts to streamline operations amid evolving industry dynamics.
No immediate market reaction was detailed in the earnings call insights.