E.W. Scripps Company Unveils Transformation Plan Targeting $125–150 Million in Annualized EBITDA Growth by 2028 Through Cost Savings, Revenue Growth Initiatives, and Technology Integration

Reuters
Feb 11
E.W. Scripps Company Unveils Transformation Plan Targeting $125–150 Million in Annualized EBITDA Growth by 2028 Through Cost Savings, Revenue Growth Initiatives, and Technology Integration

The E.W. Scripps Company has announced the launch of an enterprise-wide transformation plan aimed at improving operating performance and unlocking new value. The company is targeting annualized enterprise EBITDA growth of $125 million to $150 million by 2028. The strategy involves cost savings and revenue growth initiatives, with a focus on leveraging technology such as AI and automation, as well as increasing revenue yield across existing businesses. The transformation will also include regular progress updates to investors, with further details on the timing and costs associated with savings to be provided during the company’s February 26 earnings call. Scripps plans to maintain its commitment to local and national news, sports, and entertainment programming, and expects future financial performance to benefit from mid-term election spending, major sports events, and ongoing distribution and partnership activities. The transformation will reorient the company around its new vision: "We Create Connection."

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. The E.W. Scripps Company published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9652630-en) on February 11, 2026, and is solely responsible for the information contained therein.

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