Election-Oriented Ad Windfall For Scripps In Q3
The E.W. Scripps Co. expects total 2024 presidential-year political advertising revenue in the Local Media division to reach at least $340 million — a record level that far exceeded the guidance the publicly traded company led by CEO Adam Symson shared in August. But, how did the company perform on the whole in Q3? Good, yet Scripps shares sunk on Monday.