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Scripps CEO Applauds Carr While Signaling Future Swaps and Sales

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Adam SymsonThe E.W. Scripps Co. President/CEO Adam Symson opened his company’s Q4 2024 earnings report with a strong call of support for the Chairman of the FCC, pleading the regulatory agency to loosen local ownership restrictions. He also told an analyst that Scripps will consider swaps or sales, should deregulation come.
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Author (when available): Adam Jacobson

Adam SymsonThe E.W. Scripps Co. President/CEO Adam Symson opened his company’s Q4 2024 earnings report with a strong call of support for the Chairman of the FCC, pleading the regulatory agency to loosen local ownership restrictions. He also told an analyst that Scripps will consider swaps or sales, should deregulation come.

Adam Symson

“This morning we’re reporting terrific fourth quarter and year-end results, a strong move-down in year-end leverage, and really meaningful progress on performance improvement for the Scripps Networks that we first told you about last year.”

That’s how The E.W. Scripps Co. President/CEO Adam Symson opened his company’s Q4 2024 earnings report, which saw the chief executive advocate for regulatory rule relief from the FCC — making it a key part of the earnings call.

Symson also shared that, when deregulation arrives, it’s not a likely buyer as it seeks to continue to lower its debt.

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