E.W. Scripps Company raised its full-year 2026 political advertising revenue forecast to about $275 million, a 40% increase over 2022 midterm revenue. The company completed 431 workforce reductions in 2026, totaling about 850 employees or nearly 20% of its workforce, as part of a transformation plan targeting $125-$150 million EBITDA growth by 2028. Scripps expects $100 million in annual savings by year-end and plans to use cash and Q4 political ad proceeds to pay down at least $150 million in debt. Full Q3 results will be released on Nov. 5.
Regarding Scripps' updated 2026 political advertising forecast and workforce reductions, here is Pluang's Media sector market snapshot as of Oct 28, 2026 19:51 WIB: Of 58 priced US Media stocks tradable on Pluang, 19 rose and 34 fell today. Notable movers include PPLI at USD 37.61 (+0.86%), ROKU at USD 155.44 (-0.78%), and BILI at USD 13.01 with 90% Sell order activity. The most notable figure is PPLI's typical hold time on Pluang of 80 days.
Arcutis Biotherapeutics has appointed Dr. Rob Scott, a seasoned pharmaceutical executive with over 40 years of experience, to its Board of Directors. Dr. Scott's expertise in developing and securing approvals for innovative medicines, including derma...
Air Canada and CAE announced the opening of applications on November 1, 2026, for the 2027 Commandante-Judy-Cameron scholarships. These scholarships support up to eight Canadian women pursuing professional pilot or aircraft maintenance technician tra...
The Legacy Lab by Team One released its 2026 Legacy Makers 100 list, identifying brands consumers trust to have their best interests at heart and remain relevant long-term. St. Jude Children's Research Hospital topped the list for the second year. Th...
Circuit Mind has introduced AVE (Agentic Verification Engine), an AI-powered application that verifies printed circuit board (PCB) schematics against datasheets and internal design rules to catch errors early and avoid expensive respins. AVE compleme...
Grabar Law Office is investigating claims against officers and directors of Erasca, Planet Fitness, PROCEPT BioRobotics, and The Simply Good Foods Company for alleged breaches of fiduciary duties. The investigations focus on misleading statements and...
