The Globe and Mail

Go to the Globe and Mail homepage

Jump to main navigationJump to main content

Globe Investor

News Sources

Take control of your investments with the latest investing news and analysis

Press release from PR Newswire

Scripps Renews Affiliation Agreement With ABC

Wednesday, November 17, 2010

Scripps Renews Affiliation Agreement With ABC09:00 EST Wednesday, November 17, 2010CINCINNATI, Nov. 17, 2010 /PRNewswire-FirstCall/ -- The E.W. Scripps Company (NYSE: SSP) has entered into an agreement with the ABC television network to extend the affiliation of six Scripps stations with ABC through Jan. 31, 2015.The stations involved are WXYZ (Detroit, the country's 11th-largest market), KNXV (Phoenix, market rank #12), WFTS (Tampa, market rank #14), WEWS (Cleveland, market rank #18), WMAR (Baltimore, market rank #27), and WCPO (Cincinnati, market rank #33). The ABC stations in the Scripps television division cover approximately 8 percent of U.S. households. The previous long-term affiliation agreement ended on Jan. 31, 2010. The stations had continued operating as ABC affiliates through short-term extensions since that date. "I'm pleased that we're able to continue the productive relationship we've had with ABC for many more years," said Brian Lawlor, senior vice president of the Scripps television station group. "This new agreement reflects our shared belief in the power of a high-quality national programming provider combined with local affiliates that have trusted news brands and strong influence in their communities."The new agreement includes a license fee paid by Scripps to ABC for the network's programming. Since the expiration of the affiliation agreement on January 31, the company has been accruing network programming expenses at a rate that is consistent with the new agreement.   About Scripps The E.W. Scripps Company is a diverse, 132-year-old media enterprise with interests in television stations, newspapers, local news and information Web sites, and feature syndication. For a full listing of Scripps media companies and their associated Web sites, visit SOURCE The E.W. Scripps CompanyFor further information: Tim King, The E.W. Scripps Company, +1-513-977-3732,