The E. W. Scripps - M&A Summary and Business Overview

MediaCompany

The E. W. Scripps M&A Summary

The E. W. Scripps has acquired 18 companies, including 1 in the last 5 years. It has also divested 11 assets.

The E. W. Scripps’ largest acquisition to date was in 2020, when it acquired ION Media Networks for $2.7B. It’s largest disclosed sale occurred in 2020, when it sold Stitcher to Sirius XM Holdings for $325M. The E. W. Scripps has acquired in 9 different US states, and 2 countries. The Company’s most targeted sectors include media (39%) and internet software and services (28%).

The E. W. Scripps Business Overview

Where is The E. W. Scripps headquartered?

The E. W. Scripps is headquartered in Cincinnati, Ohio.

What is The E. W. Scripps’ revenue?

The E. W. Scripps disclosed revenue of 2,453M USD for 2022 and 2,284M USD for 2021.

How many employees does The E. W. Scripps have?

The E. W. Scripps has 5,400 employees.

What sector is The E. W. Scripps in?

The E. W. Scripps is a media company.

When was The E. W. Scripps founded?

The E. W. Scripps was founded in 1878.

M&A Summary

  • M&A Total Activity29
    • M&A Buy Activity18
    • M&A Sell Activity11
  • Total Sectors Invested 6
  • Total Countries Invested 2
  • M&A Buy/Sell Connections 20
  • M&A Advisors 7

The E. W. Scripps

The E. W. Scripps Company

Scripps Center, Suite 2800,
Cincinnati, Ohio 45202
United States,
(513) 977-3000
www.scripps.com

The E. W. Scripps is a diverse media concern with interests in national lifestyle television networks, newspaper publishing, broadcast television, television retailing, interactive media and licensing and syndication. All of the company’s media businesses provide content and advertising services via the Internet. The E.W. Scripps was founded in 1878 and is based in Cincinnati, Ohio.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (0.2/yr) # 17 1 - - - - 18
vol $2.1B $2.7B $4.8B
Sell (0.8/yr) # 7 3 1 - - - 11
vol $501M $325M $230M $1.1B
  29

Most Recent M&A

Company Date Value Type
Triton Digital LLC 2021-02-17 230M USD Divestiture
Sherman Oaks, California · www.tritondigital.com
The E. W. Scripps Company - WPIX 2020-12-30 - Divestiture
Cincinnati, Ohio
ION Media Networks, Inc. 2020-09-24 2.7B USD Add-on Acquisition
Palm Beach, Florida · www.ionmedia.com
Stitcher, Inc. 2020-07-13 325M USD Divestiture
San Francisco, California · www.stitcher.com
GeoTerrestrial, Inc. 2020-05-28 - Divestiture
Los Angeles, California · www.weathersphere.com
Cordillera Communications LLC - 15 Television Stations 2018-10-29 - Divestiture
Saint Paul, Minnesota
Triton Digital LLC 2018-10-17 150M USD Divestiture
Sherman Oaks, California · www.tritondigital.com
The E. W. Scripps Company - Milwaukee Radio Stations 2018-07-27 16M USD Divestiture
Cincinnati, Ohio
The E. W. Scripps Company - Radio Stations 2018-06-25 13M USD Divestiture
Cincinnati, Ohio
Katz Broadcasting LLC - Television Networks 2017-08-01 302M USD Divestiture
Atlanta, Georgia
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Media 7 (39%) 3.4B (71%) 5 (45%) 309M (29%)
Internet Software and Services 5 (28%) 640M (13%) 4 (36%) 257M (24%)
Digital Media 2 (11%) 5M (< 1%) 1 (9%) 325M (31%)
Publishing 2 (11%) - - -
Marketing 1 (6%) 525M (11%) 1 (9%) 165M (16%)
Communications 1 (6%) 212M (4%) - -
Total 18 $4.8B 11 $1.1B

By Geo

State/Country Buy Value Sell Value
United States 17 4.4B 10 1.0B
  California 5 719M 4 720M
  Florida 3 2.8B - -
  Minnesota 2 50M 1 17M
  Ohio - - 3 29M
  Wisconsin 1 - 1 280M
  Tennessee 1 140M 1 -
  Missouri 1 35M - -
  Kentucky 1 - - -
  Georgia 1 302M - -
United Kingdom 1 366M 1 10M
Domestic 17 (94%) 4.4B (92%) 10 (91%) 1.0B (99%)
Cross-border 1 (6%) 366M (8%) 1 (9%) 10M (1%)
Total 18 $4.8B 11 $1.1B

Top M&A Advisors

Financial Deals
Evercore Group
1
LionTree Advisors LLC
1
Morgan Stanley
1
Legal Deals
BakerHostetler
2
Simpson Thacher & Bartlett
1
Kirkland & Ellis
1

Deal Values

buy # Total
> $1B 1 $2.7B
$100M to $1B 8 $2.0B
< $100M 4 $128M
TOTAL $4.8B
Largest ION Media Networks, Inc.
$2.7B (2020-09-24)
sell # Total
$100M to $1B 4 $1.0B
< $100M 4 $56M
TOTAL $1.1B
Largest Stitcher, Inc.
$325M (2020-07-13)

M&A Connections

Deals
Acquired from
Strategic(s)
56%
10 (56%)
Divested to
Investor(s)
9%
1 (9%)
Strategic(s)
82%
9 (82%)

 Subscribe to unlock this and 201,535
investor and company profiles

Sign-up today to get full access

  • check  Unlimited Searches
  • check  Unlimited Profile Views
  • check  Build and Export Lists of
    • PE Backed Companies
    • Direct Investors & Acquirers
    • Advisors
    • Deals
    • & More

What's Mergr?

We built Mergr to save people the arduous and time-consuming process of tracking when companies are bought, sold, and who currently owns them.

Every day, new opportunities emerge around M&A and we help professionals of all types comb through transactions, investors, and corporate acquirers via an easy-to-use web database that is accessible to anyone.

Try us for 1 week free today!

Mergr, the Easiest-to-Use PE and M&A DB


Key Benefits

  • Stay informed on events in your industry
  • M&A research that takes seconds (not all afternoon)
  • Better understand your customers and prospects
  • Discover active buyers (or sellers)
Search
  • 4.5K Private Equity Firms
  • 193K M&A Transactions
  • 197K Companies Involved in M&A
    (Buyer, Seller, or Target)
  • 3.6K M&A Advisors
    (Investment Banks and Law Firms)
  • 75K M&A Contacts
    (PE and M&A Advisors)

Ready to try?

Join FREE for 1 Week

No obligation. Cancel anytime.