The E.W. Scripps Company reported third-quarter 2025 revenue of $526.0 million, a decrease of 19% or $120.0 million from the prior-year quarter. The company reported a loss attributable to shareholders of $49.0 million, or $0.55 per share. Local Media division revenue was $325.0 million, down 27%, with core advertising revenue up 1.8% to $132.0 million and political revenue at $5.1 million compared to $125.0 million last year. Distribution revenue in Local Media remained steady at $186.0 million. Segment expenses in Local Media decreased 4.3% to $273.0 million. Scripps Networks revenue was $201.0 million, down 0.4%, with segment expenses down 7.5% to $148.0 million. Segment profit for Scripps Networks increased to $53.3 million from $42.1 million in the prior-year quarter. As of September 30, cash and cash equivalents totaled $54.7 million and total debt was $2.7 billion. The company highlighted new sports partnerships, including an agreement with the NHL's Tampa Bay Lightning, and continued expense reductions across divisions as main business developments for the period.