M&A Deal Summary

Mission Broadcasting Acquires The E. W. Scripps Company - WPIX

On December 30, 2020, Mission Broadcasting acquired media company The E. W. Scripps Company - WPIX from Scripps

Acquisition Highlights
  • This is Mission Broadcasting’s 1st transaction in the Media sector.
  • This is Mission Broadcasting’s 1st transaction in the United States.
  • This is Mission Broadcasting’s 1st transaction in Ohio.

M&A Deal Summary
Date 2020-12-30
Target The E. W. Scripps Company - WPIX
Sector Media
Buyer(s) Mission Broadcasting
Sellers(s) Scripps
Deal Type Divestiture

Target

The E. W. Scripps Company - WPIX

Cincinnati, Ohio, United States
The E. W. Scripps Company - WPIX is a virtual and VHF digital channel 11, is a CW-affiliated television station licensed to New York, New York, United States.

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Buyer(S) 1

Buyer

Mission Broadcasting

Wichita Falls, Texas, United States
Category Company
Founded 1996
Sector Media
DESCRIPTION

Mission Broadcasting, Inc. is a television broadcasting company that acquires, develops, and operates television stations and interactive community Websites in medium-sized markets in the United States. Mission Broadcasting, Inc. was founded in 1996 and is based in Wichita Falls, Texas.

DEAL STATS #
Overall 1 of 1
Sector (Media) 1 of 1
Type (Divestiture) 1 of 1
State (Ohio) 1 of 1
Country (United States) 1 of 1
Year (2020) 1 of 1

Seller(S) 1

SELLER

Scripps

Cincinnati, Ohio, United States
Category Company
Founded 1878
Sector Media
Employees5,200
Revenue 2.3B USD (2023)
DESCRIPTION

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. Scripps was founded in 1878 and is based in Cincinnati, Ohio.

DEAL STATS #
Overall 10 of 11
Sector (Media) 5 of 5
Type (Divestiture) 9 of 10
State (Ohio) 3 of 3
Country (United States) 9 of 10
Year (2020) 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-09-24 ION Media Networks

Palm Beach, Florida, United States

ION Media Networks, Inc. operates a national television network featuring popular crime and justice procedural programming. ION Media Networks was founded in 1993 and is based in Palm Beach, Florida.

Buy $2.7B
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-02-17 Triton Digital

Sherman Oaks, California, United States

Triton Digital LLC is an end-to-end software vendor to the digital audio marketplace, enabling audio streaming, advertising, audience measurement, and online presence to audio publishers. and Triton Digital provides services in over 40 countries, the Directors believe Triton to be one of the largest technology and service providers to the online audio industry. Triton Digital was founded in 2006 and is based in Sherman Oaks, California.

Sell $230M
Mergr

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