iHeartMedia set to acquire Triton Digital
iHeartMedia, the leading audio company in America and the number 1 podcast publisher globally has entered into an agreement with The E.W. Scripps Company to acquire Triton Digital®, the global technology and services leader to the digital audio and podcast industry. With the buyout, iHeartMedia will be able to offer audio content to producers and […]
Scripps announces new roles for two of its senior leaders
The E.W. Scripps Company has tapped executive vice president and chief financial officer Lisa Knutson to lead the new Scripps national television networks business, while executive vice president, national media, Laura Tomlin will become chief administrative officer of the company. The move comes following the company’s closing of its acquisition of ION Media. In her […]
Scripps acquires ION Media in billion-dollar deal
The E.W. Scripps Company is planning on buying national broadcast network ION Media for $2.65 billion. The transaction will combine the business with Scripps’ Katz networks and Newsy to create a full-scale national television networks business. Berkshire Hathaway will be making a $600-million preferred equity investment in Scripps to finance the deal and will also […]
Scripps sells podcasting business to SiriusXM
Television. station owner E.W. Scripps Co. is selling its podcast business Stitcher to SiriusXM for $325 million. Scripps says that the “figure is a return of more than double Scripps’ investment in podcasting over the last five years.” “As a result of this transaction, Scripps is improving our leverage ratio through higher company EBITDA and […]
