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Leases - Schedule of Lease Assets and Liabilities (Details) - USD ($) $ in Thousands	Mar. 31, 2026	Dec. 31, 2025
Operating Leases
Right-of-use assets	$ 92,175	$ 95,975
Operating lease, liability, current, statement of financial position	Other Liabilities, Current	Other Liabilities, Current
Other current liabilities	$ 18,765	$ 18,974
Operating lease liabilities	81,899	85,885
Finance Leases
Property and equipment, at cost	28,321	28,321
Accumulated depreciation	(2,653)	(2,454)
Property and equipment, net	25,668	25,867
Other liabilities	$ 31,571	$ 31,462
Weighted Average Remaining Lease Term
Operating leases	10 years 3 months 29 days	10 years 2 months 12 days
Finance leases	32 years 3 months	32 years 6 months
Weighted Average Discount Rate
Operating leases	5.81%	5.78%
Finance leases	7.10%	7.10%

Condensed Consolidated Statements of Equity (Unaudited) (Parenthetical) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2026	Mar. 31, 2025
Statement of Stockholders' Equity [Abstract]
Preferred stock, accretion of issuance costs		$ 576
Net shares issued on compensation plans (in shares)	2,526,967	1,083,215
Tax payments related to shares withheld for vested stock and RSUs	$ 5,851	$ 810

Condensed Consolidated Statements of Equity (Unaudited) - USD ($)
$ in Thousands

Total

Preferred Stock

Common Stock

Additional Paid-in Capital

Retained Earnings (Accumulated Deficit)

Accumulated Other Comprehensive Income (Loss) ("AOCI")

Equity, beginning balance at Dec. 31, 2024

$ 1,318,014

$ 416,854

$ 866

$ 1,451,604

$ (476,004)

$ (75,306)

Increase (Decrease) in Stockholders' Equity [Roll Forward]

Comprehensive income (loss)

(3,419)

(3,455)

Preferred stock dividends

576

(576)

Compensation plans net shares issued

^[1]

5,128

5,117

Equity, ending balance at Mar. 31, 2025

1,319,723

417,430

877

1,456,145

(479,459)

(75,270)

Equity, beginning balance at Dec. 31, 2025

1,246,092

419,159

890

1,467,347

(576,881)

(64,423)

Increase (Decrease) in Stockholders' Equity [Roll Forward]

Comprehensive income (loss)

(1,562)

(1,790)

228

Compensation plans net shares issued

^[2]

871

846

Equity, ending balance at Mar. 31, 2026

$ 1,245,401

$ 419,159

$ 915

$ 1,468,193

$ (578,671)

$ (64,195)

[1]	Net of tax payments related to shares withheld for vested RSUs of $810 for the three months ended March 31, 2025.
[2]	Net of tax payments related to shares withheld for vested RSUs of $5,851 for the three months ended March 31, 2026.

- Definition

Amount after tax of increase (decrease) in equity from transactions and other events and circumstances from net income and other comprehensive income, attributable to parent entity. Excludes changes in equity resulting from investments by owners and distributions to owners.

+ References + Details

- Definition

Amount of equity (deficit) attributable to parent. Excludes temporary equity and equity attributable to noncontrolling interest.

+ References

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+ Details

Capital Stock (Details) $ / shares in Units, $ in Millions		1 Months Ended
Capital Stock (Details) $ / shares in Units, $ in Millions	Jan. 07, 2021 $ / shares shares	Nov. 30, 2025 shares	Mar. 31, 2026 USD ($) director classOfCommonShare
Class of Stock [Line Items]
Classes of common shares \| classOfCommonShare			2
Minimum number of directors up for election to entitle shareholders to vote \| director			3
Percentage of directors up for election if more than minimum number			33.33%
Undeclared cumulative dividends \| $			$ 133
Redemption value of preferred stock \| $			$ 766
Preferred stock \| Berkshire Hathaway \| ION Media
Class of Stock [Line Items]
Preferred shares issued (in shares)	6,000
Face value of preferred shares (in dollars per share) \| $ / shares	$ 100,000
Preferred shares redemption price, as a percent	105.00%
Preferred stock dividend rate if dividends not paid in cash	9.00%
Common stock, Class A
Class of Stock [Line Items]
Number of rights issued for each share of common stock owned		1
Exercisable stock rights, threshold percentage		10.00%
Exercisable stock rights, discount on common stock (as a percent)		50.00%
Common stock, Class A \| Berkshire Hathaway \| ION Media
Class of Stock [Line Items]
Number of shares purchasable by warrant (up to) (in shares)	23,100,000
Exercise right of warrants (in dollars per share) \| $ / shares	$ 13

Leases - Schedule of Lease Supplemental Cash Flow Information (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2026	Mar. 31, 2025
Cash paid for amounts included in the measurement of lease liabilities
Operating cash flows from operating leases	$ 6,197	$ 5,398
Operating cash flows from finance leases	450	438
Financing cash flows from finance leases	0	0
Right-of-use assets obtained in exchange for operating lease obligations	606	2,151
Right-of-use assets obtained in exchange for finance lease obligations	$ 0	$ 0

Income Taxes	3 Months Ended
Income Taxes	Mar. 31, 2026
Income Tax Disclosure [Abstract]
Income Taxes	Income Taxes We file a consolidated federal income tax return, consolidated unitary tax returns in certain states and other separate state income tax returns for our subsidiary companies. The income tax provision for interim periods is determined based upon the expected effective income tax rate for the full year and the tax rate applicable to certain discrete transactions in the interim period. To determine the annual effective income tax rate, we must estimate both the total income (loss) before income tax for the full year and the jurisdictions in which that income (loss) is subject to tax. The actual effective income tax rate for the full year may differ from these estimates if income (loss) before income tax is greater than or less than what was estimated or if the allocation of income (loss) to jurisdictions in which it is taxed is different from the estimated allocations. We review and adjust our estimated effective income tax rate for the full year each quarter based upon our most recent estimates of income (loss) before income tax for the full year and the jurisdictions in which we expect that income will be taxed. The effective income tax rate for the three months ended March 31, 2026 and 2025 was 60% and 79%, respectively. Differences between our effective income tax rate and the U.S. federal statutory rate are the impact of state taxes, foreign taxes, non-deductible expenses, changes in reserves for uncertain tax positions, excess tax benefits or expense from the exercise and vesting of share-based compensation awards ($1.1 million benefit in 2026 and $1.9 million expense in 2025), state deferred rate changes ($0.7 million benefit in 2025) and state NOL valuation allowance changes. We recognize state NOL carryforwards as deferred tax assets, subject to valuation allowances. At each balance sheet date, we estimate the amount of carryforwards that are not expected to be used prior to expiration of the carryforward period. The tax effect of the carryforwards that are not expected to be used prior to their expiration is included in the valuation allowance.

- Definition

The entire disclosure for income tax.

+ References

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+ Details

Insider Trading Arrangements	3 Months Ended
Insider Trading Arrangements	Mar. 31, 2026
Trading Arrangements, by Individual
Rule 10b5-1 Arrangement Adopted	false
Non-Rule 10b5-1 Arrangement Adopted	false
Rule 10b5-1 Arrangement Terminated	false
Non-Rule 10b5-1 Arrangement Terminated	false

Leases (Tables)

3 Months Ended

Mar. 31, 2026

Leases [Abstract]

Schedule of Lease Assets and Liabilities

Other information related to our leases was as follows:


(in thousands, except lease term and discount rate)	As of March 31, 2026			As of December 31, 2025

Balance Sheet Information
Operating Leases
Right-of-use assets	$	92,175		$	95,975
Other current liabilities	18,765			18,974
Operating lease liabilities	81,899			85,885
Finance Leases
Property and equipment, at cost	28,321			28,321
Accumulated depreciation	(2,653)			(2,454)
Property and equipment, net	25,668			25,867

Other liabilities	31,571			31,462
Weighted Average Remaining Lease Term
Operating leases	10.33 years			10.20 years
Finance leases	32.25 years			32.50 years
Weighted Average Discount Rate
Operating leases	5.81		%	5.78		%
Finance leases	7.10		%	7.10		%

Schedule of Lease Supplemental Cash Flow Information


	Three Months Ended March 31,
(in thousands)		2026		2025

Supplemental Cash Flows Information
Cash paid for amounts included in the measurement of lease liabilities
Operating cash flows from operating leases		$	6,197	$	5,398
Operating cash flows from finance leases		450		438
Financing cash flows from finance leases		—		—
Right-of-use assets obtained in exchange for operating lease obligations		606		2,151
Right-of-use assets obtained in exchange for finance lease obligations		—		—

Schedule of Operating Lease Maturity Schedule

Future minimum lease payments under non-cancellable leases as of March 31, 2026 were as follows:


(in thousands)	Operating Leases		Finance Leases

Remainder of 2026	$	18,627	$	1,374
2027	21,806		1,875
2028	16,495		1,926
2029	14,119		1,979
2030	7,766		2,034
Thereafter	64,224		86,111
Total future minimum lease payments	143,037		95,299
Less: Imputed interest	(42,373)		(63,728)
Total	$	100,664	$	31,571

Schedule of Finance Lease Maturity Schedule

Future minimum lease payments under non-cancellable leases as of March 31, 2026 were as follows:


(in thousands)	Operating Leases		Finance Leases

Remainder of 2026	$	18,627	$	1,374
2027	21,806		1,875
2028	16,495		1,926
2029	14,119		1,979
2030	7,766		2,034
Thereafter	64,224		86,111
Total future minimum lease payments	143,037		95,299
Less: Imputed interest	(42,373)		(63,728)
Total	$	100,664	$	31,571

Restructuring Costs - Schedule of Changes in Restructuring Reserve (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2026	Mar. 31, 2025
Restructuring Reserve [Roll Forward]
Net charges	$ 644	$ 4,144
TrueReal Restructuring
Restructuring Reserve [Roll Forward]
Liability, beginning of period	2,535	9,653
Net charges	644	4,144
Payments	(1,513)	(9,912)
Non-cash	0	(1,397)
Liability, end of period	1,666	2,488
Severance and Employee Benefits \| TrueReal Restructuring
Restructuring Reserve [Roll Forward]
Liability, beginning of period	0	9,653
Net charges	327	2,012
Payments	(258)	(9,802)
Non-cash	0	0
Liability, end of period	69	1,863
Other Restructuring Charges \| TrueReal Restructuring
Restructuring Reserve [Roll Forward]
Liability, beginning of period	2,535	0
Net charges	317	2,132
Payments	(1,255)	(110)
Non-cash	0	(1,397)
Liability, end of period	$ 1,597	$ 625

- Definition

Amount of expenses associated with exit or disposal activities pursuant to an authorized plan. Excludes expenses related to a discontinued operation or an asset retirement obligation.

+ References + Details

Employee Benefit Plans (Tables)

3 Months Ended

Mar. 31, 2026

Retirement Benefits [Abstract]

Schedule of Components of Employee Benefit Plan Expense

The components of the employee benefit plan expense consisted of the following:


	Three Months Ended March 31,
(in thousands)		2026		2025


Interest cost		$	5,344	$	5,649
Expected return on plan assets, net of expenses		(5,079)		(5,558)

Amortization of actuarial loss and prior service cost		285		4

Total for defined benefit pension plan		550		95

SERPs		183		243
Defined contribution plan		4,552		5,144
Net periodic benefit cost		$	5,285	$	5,482

Acquisitions and Dispositions - Narrative (Details) $ in Thousands				3 Months Ended		7 Months Ended
	Mar. 31, 2026 USD ($) station	Mar. 02, 2026 USD ($)	Feb. 09, 2026 USD ($)	Mar. 31, 2026 USD ($) station	Mar. 31, 2025 USD ($)	Dec. 31, 2026 USD ($)	Oct. 31, 2025 USD ($)	Sep. 03, 2025 USD ($)	Jul. 07, 2025 market
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Losses (gains) from sale of business				$ (30,009)	$ 0
Number of markets \| market									5
ION Media
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Number of stations divested \| station	23			23
INYO Broadcast Holdings
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Number of television stations \| station	23			23
Aggregate purchase price				$ 54,000
WTVQ, ABC Affiliate in Lexington Kentucky
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Payments for deposits on acquisitions				$ 5,000
WTVQ, ABC Affiliate in Lexington Kentucky \| Forecast
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Purchase consideration transferred						$ 15,800
Disposal Group, Held-for-sale, Not Discontinued Operations \| WFTX
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Expected consideration								$ 40,000
Losses (gains) from sale of business		$ (5,600)
Disposal Group, Held-for-sale, Not Discontinued Operations \| WRTV, Indianapolis, Indiana Station
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Expected consideration							$ 83,000
Losses (gains) from sale of business	$ (28,000)
Disposal Group, Held-for-sale, Not Discontinued Operations \| Court TV
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Losses (gains) from sale of business			$ 3,600
Non-cash loss provision			$ 19,500
Distribution agreement term			3 years

Accumulated Other Comprehensive Income (Loss) (Tables)

3 Months Ended

Mar. 31, 2026

Equity [Abstract]

Schedule of Accumulated Other Comprehensive Income (Loss)

Changes in accumulated other comprehensive income (loss) ("AOCI") by component, including items reclassified out of AOCI, were as follows:


	Three Months Ended March 31, 2026
(in thousands)	Defined Benefit Pension Items		Other		Total

Beginning balance, December 31, 2025	$	(64,812)	$	389	$	(64,423)
Other comprehensive income (loss) before reclassifications	—		—		—
Amounts reclassified from AOCI, net of tax of $73(a)	249		(21)		228

Net current-period other comprehensive income (loss)	249		(21)		228
Ending balance, March 31, 2026	$	(64,563)	$	368	$	(64,195)


	Three Months Ended March 31, 2025
(in thousands)	Defined Benefit Pension Items		Other		Total

Beginning balance, December 31, 2024	$	(74,957)	$	(349)	$	(75,306)
Other comprehensive income (loss) before reclassifications	—		—		—
Amounts reclassified from AOCI, net of tax of $12(a)	25		11		36
Net current-period other comprehensive income (loss)	25		11		36
Ending balance, March 31, 2025	$	(74,932)	$	(338)	$	(75,270)

(a) Actuarial gain (loss) is included in defined benefit pension plan expense in the Condensed Consolidated Statements of Operations

Segment Information (Tables)

3 Months Ended

Mar. 31, 2026

Segment Reporting [Abstract]

Schedule of Information Regarding Business Segments

Information regarding our segments is as follows:


	Three Months Ended March 31, 2026
(in thousands)	Local Media		Scripps Networks		Total

Revenues from external customers	$	337,178	$	176,027	$	513,205
Intersegment revenues	4,460		—		4,460
Reportable segments revenues	341,638		176,027		517,665
Other revenues(a)					3,663
Intersegment eliminations					(4,460)
Total consolidated operating revenues					$	516,868
Less:(b)
Employee compensation and benefits	104,300		22,574
Programming(c)	142,637		71,037
Other segment items(d)	48,010		36,150
Segment profit for reportable segments	46,691		46,266		$	92,957
Other segment profit (loss)(a)					(6,076)
Shared services and corporate					(26,634)
Restructuring costs					(644)
Depreciation and amortization of intangible assets					(35,347)

Gains (losses), net on disposal of property and equipment					509
Interest expense					(56,958)


Defined benefit pension plan expense					(733)
Gains (losses) from sale of business					30,009
Miscellaneous, net					(1,531)
Loss from operations before income taxes					$	(4,448)

(a) Reflects revenues and profit (loss) from operating segments below the reportable quantitative thresholds. These operating segments include our Tablo business, the Scripps National Spelling Bee and operational aspects of the Scripps News and Scripps Sports business units. None of these operating segments have ever met any of the quantitative thresholds for determining reportable segments.

(b) The significant expense categories and amounts align with the segment-level information that is regularly provided to the chief operating decision maker.

(c) Programming includes the cost of national television network programming, carriage agreements with local television broadcasters, programming produced by us or for us by independent production companies, rights acquired under multi-year sports programming agreements and programs licensed under agreements with independent producers.

(d) Other segment items for each reportable segment includes marketing and advertising expenses, research costs, certain occupancy costs and other administrative costs.


	Three Months Ended March 31, 2025
(in thousands)	Local Media		Scripps Networks		Total

Revenues from external customers	$	320,706	$	198,007	$	518,713
Intersegment revenues	4,683		—		4,683
Reportable segments revenues	325,389		198,007		523,396
Other revenues(a)					5,680
Intersegment eliminations					(4,683)
Total consolidated operating revenues					$	524,393
Less:(b)
Employee compensation and benefits	105,169		20,873
Programming(c)	139,697		76,410
Other segment items(d)	45,604		36,631
Segment profit for reportable segments	34,919		64,093		$	99,012
Other segment profit (loss)(a)					(6,405)
Shared services and corporate					(22,606)
Restructuring costs					(4,144)
Depreciation and amortization of intangible assets					(38,460)

Gains (losses), net on disposal of property and equipment					78
Interest expense					(43,750)
Defined benefit pension plan expense					(338)
Miscellaneous, net					156
Loss from operations before income taxes					$	(16,457)

(b) The significant expense categories and amounts align with the segment-level information that is regularly provided to the chief operating decision maker.

(d) Other segment items for each reportable segment includes marketing and advertising expenses, research costs, certain occupancy costs and other administrative costs.

Other segment disclosures are as follows:


	Three Months Ended March 31,
(in thousands)		2026		2025

Depreciation:
Local Media		$	8,860	$	9,608
Scripps Networks		3,984		4,888
Total depreciation for reportable segments		12,844		14,496
Other		90		46
Shared services and corporate		351		362
Total depreciation		$	13,285	$	14,904
Amortization of intangible assets:
Local Media		$	7,675	$	8,550
Scripps Networks		12,940		12,977
Total amortization of intangible assets for reportable segments		20,615		21,527
Other		171		357
Shared services and corporate		1,276		1,672
Total amortization of intangible assets		$	22,062	$	23,556
Additions to property and equipment:
Local Media		$	1,661	$	1,206
Scripps Networks		475		497
Total additions to property and equipment for reportable segments		2,136		1,703
Other		—		—
Shared services and corporate		—		151
Total additions to property and equipment		$	2,136	$	1,854

Schedule of Disaggregation of Revenue

A disaggregation of the principal activities from which we generate revenue is as follows:


	Three Months Ended March 31,
(in thousands)		2026		2025

Operating revenues:
Core advertising		$	305,569	$	322,588
Political		10,097		3,262
Distribution		192,363		188,924
Other		8,839		9,619
Total operating revenues		$	516,868	$	524,393

Total assets by segment were as follows :


(in thousands)	As of March 31, 2026		As of December 31, 2025

Assets:
Local Media	$	2,183,477	$	2,297,873
Scripps Networks	2,518,921		2,567,155
Total assets by reportable segments	4,702,398		4,865,028
Other(a)	31,435		32,759
Shared services and corporate	183,215		110,841


Total assets	$	4,917,048	$	5,008,628

(a) Reflects assets of operating segments below the reportable quantitative thresholds. These operating segments include our Tablo business, the Scripps National Spelling Bee and operational aspects of the Scripps News and Scripps Sports business units.

Summary of Significant Accounting Policies

3 Months Ended

Mar. 31, 2026

Accounting Policies [Abstract]

Summary of Significant Accounting Policies

As used in the Notes to Condensed Consolidated Financial Statements, the terms “Scripps,” “Company,” “we,” “our,” or “us” may, depending on the context, refer to The E.W. Scripps Company, to one or more of its consolidated subsidiary companies, or to all of them taken as a whole.

Basis of Presentation — The condensed consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America for interim financial information and with the instructions to Form 10-Q and Rule 10-01 of Regulation S-X. The interim financial statements should be read in conjunction with the audited consolidated financial statements, including the notes thereto included in our 2025 Annual Report on Form 10-K. In management's opinion, all adjustments (consisting of normal recurring accruals) necessary for a fair presentation of the interim periods have been made.

Results of operations are not necessarily indicative of the results that may be expected for future interim periods or for the full year.

Principles of Consolidation — The consolidated financial statements include our accounts and those of our wholly-owned and majority-owned subsidiaries and variable interest entities ("VIEs") for which we are the primary beneficiary. We are the primary beneficiary of a VIE when we have the power to direct the activities of the VIE that most significantly impact the economic performance of the VIE and have the obligation to absorb losses or the right to receive returns that would be significant to the VIE. All intercompany transactions and account balances have been eliminated in consolidation.

Investments in entities over which we have significant influence but not control are accounted for using the equity method of accounting. Income from equity method investments represents our proportionate share of net income generated by equity method investees.

Nature of Operations — We are a diverse media enterprise, serving audiences and businesses through a portfolio of local television stations and national news and entertainment networks. All of our businesses also have digital presences across online, mobile, connected television and social platforms, reaching consumers on all devices and platforms they use to consume content. Our media businesses are organized into the following reportable segments: Local Media, Scripps Networks and Other. Additional information for our segments is presented in Note 13. Segment Information.

Use of Estimates — Preparing financial statements in accordance with accounting principles generally accepted in the United States of America requires us to make a variety of decisions that affect the reported amounts and the related disclosures. Such decisions include the selection of accounting principles that reflect the economic substance of the underlying transactions and the assumptions on which to base accounting estimates. In reaching such decisions, we apply judgment based on our understanding and analysis of the relevant circumstances, including our historical experience, actuarial studies and other assumptions.

Our financial statements include estimates and assumptions used in accounting for our defined benefit pension plan; the periods over which long-lived assets are depreciated or amortized; the fair value of long-lived assets, goodwill and indefinite lived assets; the liability for uncertain tax positions and valuation allowances against deferred income tax assets; the fair value of assets acquired and liabilities assumed in business combinations; and self-insured risks.

While we re-evaluate our estimates and assumptions on an ongoing basis, actual results could differ from those estimated at the time of preparation of the financial statements.

Nature of Products and Services — The following is a description of principal activities from which we generate revenue.

Core Advertising — Core advertising is comprised of sales to local and national businesses. The advertising includes a combination of broadcast spots as well as digital and connected TV advertising. Pricing of advertising time is based on audience size and share, the demographic of our audiences and the demand for our limited inventory of commercial time. Local advertising time is sold by each station's local sales staff who call upon advertising agencies and local businesses. National advertising time is generally sold by calling upon advertising agencies. Digital revenues are primarily generated from the sale of

advertising to local and national customers on our business websites, tablet and mobile products, over-the-top apps and other platforms.

Political Advertising — Political advertising is generally sold through our Washington, D.C. sales office. Advertising is sold to presidential, gubernatorial, U.S. Senate and House of Representative candidates, as well as for state and local issues. It is also sold to political action groups (PACs) and other advocacy groups.

Distribution Revenues — We earn revenues from cable operators, satellite carriers, other multi-channel video programming distributors (collectively "MVPDs"), other online video distributors and subscribers for access rights to our local broadcast signals. These arrangements are generally governed by multi-year contracts and the fees we receive are typically based on the number of subscribers the respective distributor has in our markets and the contracted rate per subscriber.

Refer to Note 13. Segment Information for further information, including revenue by significant product and service offering.

Revenue Recognition — Revenue is measured based on the consideration we expect to be entitled to in exchange for promised goods or services provided to customers, and excludes any amounts collected on behalf of third parties. Revenue is recognized upon transfer of control of promised products or services to customers.

Advertising — Advertising revenue is recognized, net of agency commissions, over time primarily as ads are aired or impressions are delivered and any contracted audience guarantees are met. We apply the practical expedient to recognize revenue at the amount we have the right to invoice, which corresponds directly to the value a customer has received relative to our performance. For advertising sold based on audience guarantees, audience deficiency may result in an obligation to deliver additional advertisements to the customer. To the extent that we do not satisfy contracted audience ratings, we record deferred revenue until such time that the audience guarantee has been satisfied.

Distribution — Our primary source of distribution revenue is from retransmission consent contracts with MVPDs. Retransmission revenues are considered licenses of functional intellectual property and are recognized at the point in time the content is transferred to the customer. MVPDs report their subscriber numbers to us generally on a 30- to 90-day lag. Prior to receiving the MVPD reporting, we record revenue based on estimates of the number of subscribers, utilizing historical levels and trends of subscribers for each MVPD.

Cost of Revenues — Cost of revenues reflects the cost of providing our broadcast signals, programming and other content to respective distribution platforms. The costs captured within the cost of revenues caption include programming, content distribution, satellite transmission fees, production and operations and other direct costs.

Contract Balances — Timing of revenue recognition may differ from the timing of cash collection from customers. We record a receivable when revenue is recognized prior to cash receipt, or unearned revenue when cash is collected in advance of revenue being recognized.

Payment terms may vary by contract type, although our terms generally include a requirement of payment within 30 to 90 days. In instances where the timing of revenue recognition differs from the timing of invoicing, we have determined our contracts do not include a significant financing component. The primary purpose of our invoicing terms is to provide customers with simplified and predictable ways of purchasing our products and services.

The allowance for doubtful accounts reflects our best estimate of probable losses inherent in the accounts receivable balance. We estimate the allowance based on expected credit losses, including our historical experience of actual losses and known troubled accounts. The allowance for doubtful accounts totaled $6.6 million at March 31, 2026 and $5.9 million at December 31, 2025.

We record unearned revenue when cash payments are received in advance of our performance, including amounts which are refundable. We generally require amounts payable under advertising contracts with political advertising customers to be paid in advance. Unearned revenue totaled $24.8 million at March 31, 2026 and most is expected to be recognized within revenue or refunded over the next 12 months. Unearned revenue totaled $22.2 million at December 31, 2025. We recorded $4.5 million of revenue in the three months ended March 31, 2026 that was included in unearned revenue at December 31, 2025.

Leases — We determine if an arrangement is a lease at inception. Operating leases are included in operating lease right-of-use (“ROU”) assets, other current liabilities and operating lease liabilities in our Condensed Consolidated Balance Sheets. Finance leases are included in property and equipment and other long-term liabilities in our Condensed Consolidated Balance Sheets.

Lease assets represent our right to use an underlying asset for the lease term and lease liabilities represent our obligation to make lease payments arising from the lease. Lease assets and liabilities are recognized at the commencement date based on the present value of lease payments over the lease term. As the implicit rate is not readily determinable for most of our leases, we use our incremental borrowing rate when determining the present value of lease payments. The incremental borrowing rate represents an estimate of the interest rate we would incur at lease commencement to borrow an amount equal to the lease payments on a collateralized basis over the term of the lease. Our lease assets also include any payments made at or before commencement and are reduced by any lease incentives. Our lease terms may include options to extend or terminate the lease when it is reasonably certain that we will exercise that option. Operating lease expense is recognized on a straight-line basis over the lease term.

Share-Based Compensation — We have a Long-Term Incentive Plan (the “Plan”) which is described more fully in our 2025 Annual Report on Form 10-K. The Plan provides for the award of incentive and nonqualified stock options, stock appreciation rights, restricted stock units ("RSUs") and unrestricted Class A Common shares and performance units to key employees and non-employee directors.

Share-based compensation costs totaled $6.5 million and $5.6 million for the first quarter of 2026 and 2025, respectively.

Earnings Per Share (“EPS”) — Unvested awards of share-based payments with non-forfeitable rights to receive dividends or dividend equivalents, such as certain of our RSUs, are considered participating securities for purposes of calculating EPS. Under the two-class method, we allocate a portion of net income to these participating securities and, therefore, exclude that income from the calculation of EPS for common stock. We do not allocate losses to the participating securities.

The following table presents information about basic and diluted weighted-average shares outstanding:


	Three Months Ended March 31,
(in thousands)		2026		2025

Numerator (for basic and diluted earnings per share)
Net loss		$	(1,790)	$	(3,455)


Less preferred stock dividends		(16,191)		(15,388)
Numerator for basic and diluted earnings per share		$	(17,981)	$	(18,843)
Denominator
Basic weighted-average shares outstanding		89,767		86,912


Effect of dilutive securities		—		—
Diluted weighted-average shares outstanding		89,767		86,912

The dilutive effects of performance-based stock awards are included in the computation of diluted earnings per share to the extent the related performance criteria are met through the respective balance sheet reporting date. As of March 31, 2026 and 2025, potential dilutive securities representing 7.1 million and 7.9 million shares, respectively, were excluded from the computation of diluted earnings per share as the related performance criteria were not yet met, although the Company expects to meet various levels of criteria in the future.

For the three month periods ended March 31, 2026 and 2025, we incurred a net loss to shareholders and the inclusion of RSUs would be anti-dilutive. The March 31, 2026 and 2025 diluted EPS calculations exclude the effect from 10.9 million and 10.5 million, respectively, of outstanding RSUs that were anti-dilutive. The March 31, 2026 and 2025 basic and dilutive EPS calculations also exclude the impact of the common stock warrant as the effect would be anti-dilutive.

Long-Term Debt (Tables)

3 Months Ended

Mar. 31, 2026

Debt Disclosure [Abstract]

Schedule of Components of Long-Term Debt

Long-term debt consisted of the following:


(in thousands)	As of March 31, 2026		As of December 31, 2025

Accounts receivable securitization facility	$	322,300	$	361,100
Revolving credit facilities	20,000		—
Senior secured notes, due in January 2029	523,356		523,356

Senior secured notes, due in August 2030	750,000		750,000

Senior unsecured notes, due in January 2031	392,071		392,071

Term loan, due in June 2028	270,966		281,126
Term loan, due in November 2029	317,164		337,603



Total outstanding principal	2,595,857		2,645,256
Less: Debt issuance costs and issuance discounts	(46,956)		(50,868)
Less: Current portion	—		(8,854)
Net carrying value of long-term debt	$	2,548,901	$	2,585,534
Fair value of long-term debt *	$	2,425,947	$	2,487,833

* The fair values of debt are estimated based on either quoted private market transactions or observable estimates provided by third party financial professionals, and as such, are classified within Level 2 of the fair value hierarchy.

Acquisitions and Dispositions - Schedule of Disposal Groups, Including Discontinued Operations (Details) - USD ($) $ in Thousands	Mar. 31, 2026	Dec. 31, 2025
Assets:
Total current assets		$ 4,467
Property and equipment		17,891
Goodwill and intangible assets		77,521
Operating lease right-of-use assets		151
Other assets		22,361
Adjustment to carrying value to reflect estimated fair value less cost to sell		(19,458)
Total assets held for sale	$ 0	102,933
Liabilities:
Total current liabilities		3,825
Operating lease liabilities		115
Other liabilities		3,123
Total liabilities held for sale	$ 0	7,063
Net assets held for sale		95,870
Disposal Group, Held-for-sale, Not Discontinued Operations \| WFTX
Assets:
Total current assets		0
Property and equipment		11,585
Goodwill and intangible assets		25,347
Operating lease right-of-use assets		151
Other assets		523
Adjustment to carrying value to reflect estimated fair value less cost to sell		0
Total assets held for sale		37,606
Liabilities:
Total current liabilities		274
Operating lease liabilities		115
Other liabilities		2,969
Total liabilities held for sale		3,358
Net assets held for sale		34,248
Disposal Group, Held-for-sale, Not Discontinued Operations \| WRTV
Assets:
Total current assets		0
Property and equipment		6,228
Goodwill and intangible assets		48,290
Operating lease right-of-use assets		0
Other assets		452
Adjustment to carrying value to reflect estimated fair value less cost to sell		0
Total assets held for sale		54,970
Liabilities:
Total current liabilities		194
Operating lease liabilities		0
Other liabilities		154
Total liabilities held for sale		348
Net assets held for sale		54,622
Disposal Group, Held-for-sale, Not Discontinued Operations \| Court TV
Assets:
Total current assets		4,467
Property and equipment		78
Goodwill and intangible assets		3,884
Operating lease right-of-use assets		0
Other assets		21,386
Adjustment to carrying value to reflect estimated fair value less cost to sell		(19,458)
Total assets held for sale		10,357
Liabilities:
Total current liabilities		3,357
Operating lease liabilities		0
Other liabilities		0
Total liabilities held for sale		3,357
Net assets held for sale		$ 7,000

Leases - Narrative (Details) - USD ($) $ in Millions	3 Months Ended
Leases - Narrative (Details) - USD ($) $ in Millions	Mar. 31, 2026	Mar. 31, 2025
Lessee, Lease, Description [Line Items]
Term of renewal	5 years
Term of option to terminate	1 year
Finance lease, remaining lease term	32 years
Operating lease costs	$ 6.6	$ 5.5
Short-term lease costs	1.6	1.8
Finance lease right-of-use asset amortization	0.2	$ 0.2
Interest expense, finance lease liability	$ 0.6
Minimum
Lessee, Lease, Description [Line Items]
Remaining lease term	1 year
Maximum
Lessee, Lease, Description [Line Items]
Remaining lease term	30 years

Restructuring Costs (Tables)

3 Months Ended

Mar. 31, 2026

Restructuring and Related Activities [Abstract]

Schedule of Changes in Restructuring Reserve


Three Months Ended March 31, 2026 and 2025 (in thousands)	Severance and Employee Benefits		Other Restructuring Charges		Total

Liability as of December 31, 2025	$	—	$	2,535	$	2,535
Net charges	327		317		644
Payments	(258)		(1,255)		(1,513)
Non-cash (a)	—		—		—
Liability as of March 31, 2026	$	69	$	1,597	$	1,666


Liability as of December 31, 2024	$	9,653	$	—	$	9,653
Net charges	2,012		2,132		4,144
Payments	(9,802)		(110)		(9,912)
Non-cash (a)	—		(1,397)		(1,397)
Liability as of March 31, 2025	$	1,863	$	625	$	2,488

(a) Represents share-based compensation costs and asset write-downs included in restructuring charges.

Segment Information - Schedule of Assets by Segment (Details) - USD ($) $ in Thousands	Mar. 31, 2026	Dec. 31, 2025
Segment Reporting Information [Line Items]
Total assets	$ 4,917,048	$ 5,008,628
Operating segments
Segment Reporting Information [Line Items]
Total assets	4,702,398	4,865,028
Operating segments \| Local Media
Segment Reporting Information [Line Items]
Total assets	2,183,477	2,297,873
Operating segments \| Scripps Networks
Segment Reporting Information [Line Items]
Total assets	2,518,921	2,567,155
Operating segments \| Other
Segment Reporting Information [Line Items]
Total assets	31,435	32,759
Intersegment eliminations
Segment Reporting Information [Line Items]
Total assets	$ 183,215	$ 110,841

- Definition

Amount of asset recognized for present right to economic benefit.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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+ Details

Accumulated Other Comprehensive Income (Loss)

3 Months Ended

Mar. 31, 2026

Equity [Abstract]

Accumulated Other Comprehensive Income (Loss)

Changes in accumulated other comprehensive income (loss) ("AOCI") by component, including items reclassified out of AOCI, were as follows:


	Three Months Ended March 31, 2026
(in thousands)	Defined Benefit Pension Items		Other		Total

Beginning balance, December 31, 2025	$	(64,812)	$	389	$	(64,423)
Other comprehensive income (loss) before reclassifications	—		—		—
Amounts reclassified from AOCI, net of tax of $73(a)	249		(21)		228

Net current-period other comprehensive income (loss)	249		(21)		228
Ending balance, March 31, 2026	$	(64,563)	$	368	$	(64,195)


	Three Months Ended March 31, 2025
(in thousands)	Defined Benefit Pension Items		Other		Total

Beginning balance, December 31, 2024	$	(74,957)	$	(349)	$	(75,306)
Other comprehensive income (loss) before reclassifications	—		—		—
Amounts reclassified from AOCI, net of tax of $12(a)	25		11		36
Net current-period other comprehensive income (loss)	25		11		36
Ending balance, March 31, 2025	$	(74,932)	$	(338)	$	(75,270)

(a) Actuarial gain (loss) is included in defined benefit pension plan expense in the Condensed Consolidated Statements of Operations

Summary of Significant Accounting Policies - Schedule of Components of Basic and Diluted Weighted-average Shares (Details) - USD ($) shares in Thousands, $ in Thousands	3 Months Ended
	Mar. 31, 2026	Mar. 31, 2025
Numerator (for basic and diluted earnings per share)
Net loss	$ (1,790)	$ (3,455)
Less preferred stock dividends	(16,191)	(15,388)
Numerator for basic earnings per share	(17,981)	(18,843)
Numerator for diluted earnings per share	$ (17,981)	$ (18,843)
Denominator
Basic weighted-average shares outstanding (in shares)	89,767	86,912
Effect of dilutive securities (in shares)	0	0
Diluted weighted-average shares outstanding (in shares)	89,767	86,912

- Definition

The portion of profit or loss for the period, net of income taxes, which is attributable to the parent.

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+ Details

Accumulated Other Comprehensive Income (Loss) (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2026	Mar. 31, 2025
Accumulated Other Comprehensive Loss [Roll Forward]
Equity, beginning balance	$ 1,246,092	$ 1,318,014
Other comprehensive income (loss) before reclassifications	0	0
Amounts reclassified from AOCI, net of tax	228	36
Net current-period other comprehensive income (loss)	228	36
Equity, ending balance	1,245,401	1,319,723
Defined Benefit Pension Items
Accumulated Other Comprehensive Loss [Roll Forward]
Equity, beginning balance	(64,812)	(74,957)
Other comprehensive income (loss) before reclassifications	0	0
Amounts reclassified from AOCI, net of tax	249	25
Net current-period other comprehensive income (loss)	249	25
Equity, ending balance	(64,563)	(74,932)
Tax on amount reclassified from AOCI	73	12
Other
Accumulated Other Comprehensive Loss [Roll Forward]
Equity, beginning balance	389	(349)
Other comprehensive income (loss) before reclassifications	0	0
Amounts reclassified from AOCI, net of tax	(21)	11
Net current-period other comprehensive income (loss)	(21)	11
Equity, ending balance	368	(338)
Total
Accumulated Other Comprehensive Loss [Roll Forward]
Equity, beginning balance	(64,423)	(75,306)
Equity, ending balance	$ (64,195)	$ (75,270)

- Definition

Amount of equity (deficit) attributable to parent. Excludes temporary equity and equity attributable to noncontrolling interest.

+ References

+ Details

Goodwill and Other Intangible Assets - Schedule of Goodwill (Details) - USD ($) $ in Thousands	Mar. 31, 2026	Dec. 31, 2025
Goodwill [Roll Forward]
Gross beginning balance	$ 3,093,823
Accumulated impairment losses, beginning balance	(1,175,489)
Net balance, beginning of period	1,918,334	$ 1,918,334
Gross ending balance	3,093,823
Accumulated impairment losses, ending balance	(1,175,489)
Net balance, end of period	1,918,334
Local Media
Goodwill [Roll Forward]
Gross beginning balance	1,064,474
Accumulated impairment losses, beginning balance	(205,717)
Net balance, beginning of period	858,757	858,757
Gross ending balance	1,064,474
Accumulated impairment losses, ending balance	(205,717)
Net balance, end of period	858,757
Scripps Networks
Goodwill [Roll Forward]
Gross beginning balance	2,022,159
Accumulated impairment losses, beginning balance	(969,772)
Net balance, beginning of period	1,052,387	1,052,387
Gross ending balance	2,022,159
Accumulated impairment losses, ending balance	(969,772)
Net balance, end of period	1,052,387
Other
Goodwill [Roll Forward]
Gross beginning balance	7,190
Accumulated impairment losses, beginning balance	0
Net balance, beginning of period	7,190	$ 7,190
Gross ending balance	7,190
Accumulated impairment losses, ending balance	0
Net balance, end of period	$ 7,190

- Definition

Amount, after accumulated impairment loss, of asset representing future economic benefit arising from other asset acquired in business combination or from joint venture formation or both, that is not individually identified and separately recognized.

+ References

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+ Details

Goodwill and Other Intangible Assets

3 Months Ended

Mar. 31, 2026

Goodwill and Intangible Assets Disclosure [Abstract]

Goodwill and Other Intangible Assets

Goodwill consisted of the following:


(in thousands)	Local Media		Scripps Networks		Other		Total

Gross balance as of December 31, 2025	$	1,064,474	$	2,022,159	$	7,190	$	3,093,823
Accumulated impairment losses	(205,717)		(969,772)		—		(1,175,489)
Net balance as of December 31, 2025	$	858,757	$	1,052,387	$	7,190	$	1,918,334

Gross balance as of March 31, 2026	$	1,064,474	$	2,022,159	$	7,190	$	3,093,823
Accumulated impairment losses	(205,717)		(969,772)		—		(1,175,489)
Net balance as of March 31, 2026	$	858,757	$	1,052,387	$	7,190	$	1,918,334

Other intangible assets consisted of the following:


(in thousands)	As of March 31, 2026		As of December 31, 2025

Amortizable intangible assets:
Carrying amount:
Television affiliation relationships	$	1,025,844	$	1,025,844
Customer lists and advertiser relationships	216,622		216,622
Other	142,549		138,053
Total carrying amount	1,385,015		1,380,519
Accumulated amortization:
Television affiliation relationships	(375,626)		(362,580)
Customer lists and advertiser relationships	(179,743)		(174,261)
Other	(85,772)		(90,417)
Total accumulated amortization	(641,141)		(627,258)
Net amortizable intangible assets	743,874		753,261
Indefinite-lived intangible assets — FCC licenses	764,515		764,515
Total other intangible assets	$	1,508,389	$	1,517,776

Estimated amortization expense of intangible assets for each of the next five years is $66.4 million for the remainder of 2026, $86.4 million in 2027, $65.1 million in 2028, $60.2 million in 2029, $60.2 million in 2030, $50.8 million in 2031 and $354.8 million in later years.

Upon our acquisition of ION Media in 2021, we simultaneously sold 23 ION television stations to INYO Broadcast Holdings to comply with ownership rules of the FCC. These divested stations became independent affiliates of ION pursuant to long-term affiliation agreements. The purchase price allocation for the ION acquisition attributed $422 million of value to these INYO affiliation agreements and are reflected as an intangible asset within our "Television network affiliation relationship" caption. The INYO affiliation agreements intangible asset is being amortized over 20 years and has a net carrying value of $311 million at March 31, 2026.

Goodwill and other indefinite-lived intangible assets are tested for impairment annually and any time events occur or changes in circumstances indicate it is more likely than not the fair value of a reporting unit, or respective indefinite-lived intangible asset, is below its carrying value. Such events or changes in circumstances include, but are not limited to, changes in business climate, sustained declines in the price of our stock, or other factors resulting in lower cash flow related to such assets. The reporting unit valuations used to test goodwill and intangible assets for impairment are dependent on a number of significant estimates and assumptions, including macroeconomic conditions, market growth rates, competitive activities, cost containment, margin expansion and strategic business plans (inputs of which are categorized as Level 3 under the fair value hierarchy). Additionally, future changes in these assumptions and estimates with respect to long-term growth rates and discount rates or future cash flow projections, could result in significantly different estimates of the fair values.

Our fourth quarter 2025 annual goodwill impairment test indicated that the fair value of our Local Media reporting unit exceeded its carrying value by more than 20% and that the fair value of our Scripps Networks reporting unit exceeded its carrying value by approximately 5%. Our reporting unit valuations are dependent on a number of significant estimates and assumptions, including macroeconomic conditions, market growth rates, competitive activities, cost containment and strategic business plans. While we believe the estimates and judgments used in determining the fair values were appropriate, changes in these estimates could impact the fair value and possibly result in an impairment of the goodwill in future periods. For example, a 50 basis point increase in the discount rate would reduce the fair value of the Scripps Networks reporting unit by approximately 6%.

Income Taxes (Details) - USD ($) $ in Millions	3 Months Ended
Income Taxes (Details) - USD ($) $ in Millions	Mar. 31, 2026	Mar. 31, 2025
Operating Loss Carryforwards [Line Items]
Effective income tax rate	60.00%	79.00%
Net impact of various items effecting the income tax effective rate	$ 1.1	$ 1.9
State jurisdiction
Operating Loss Carryforwards [Line Items]
Impact of change in state tax rate		$ 0.7

Segment Information - Schedule of Business Segments (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2026	Mar. 31, 2025
Segment Reporting Information [Line Items]
Total operating revenues	$ 516,868	$ 524,393
Operating income	24,765	27,475
Restructuring costs	(644)	(4,144)
Depreciation and amortization of intangible assets	(35,347)	(38,460)
Gains (losses), net on disposal of property and equipment	509	78
Interest expense	(56,958)	(43,750)
Defined benefit pension plan expense	(733)	(338)
Gains (losses) from sale of business	30,009	0
Miscellaneous, net	(1,531)	156
Loss from operations before income taxes	(4,448)	(16,457)
Local Media
Segment Reporting Information [Line Items]
Employee compensation and benefits	104,300	105,169
Programming	142,637	139,697
Other segment items	48,010	45,604
Operating income	46,691	34,919
Scripps Networks
Segment Reporting Information [Line Items]
Employee compensation and benefits	22,574	20,873
Programming	71,037	76,410
Other segment items	36,150	36,631
Operating income	46,266	64,093
Operating segments
Segment Reporting Information [Line Items]
Total operating revenues	513,205	518,713
Total consolidated operating revenues	517,665	523,396
Operating income	92,957	99,012
Operating segments \| Local Media
Segment Reporting Information [Line Items]
Total operating revenues	337,178	320,706
Total consolidated operating revenues	341,638	325,389
Operating segments \| Scripps Networks
Segment Reporting Information [Line Items]
Total operating revenues	176,027	198,007
Total consolidated operating revenues	176,027	198,007
Operating segments \| Other
Segment Reporting Information [Line Items]
Total operating revenues	3,663	5,680
Operating income	(6,076)	(6,405)
Intersegment eliminations
Segment Reporting Information [Line Items]
Total operating revenues	(4,460)	(4,683)
Intersegment eliminations \| Local Media
Segment Reporting Information [Line Items]
Total operating revenues	(4,460)	(4,683)
Intersegment eliminations \| Scripps Networks
Segment Reporting Information [Line Items]
Total operating revenues	0	0
Shared services and corporate
Segment Reporting Information [Line Items]
Shared services and corporate	$ (26,634)	$ (22,606)

Long-Term Debt - Narrative (Details)				3 Months Ended
Long-Term Debt - Narrative (Details)	Aug. 06, 2025 USD ($)	Apr. 10, 2025 USD ($)	Dec. 30, 2020 USD ($)	Mar. 31, 2026 USD ($)	Mar. 31, 2025	Apr. 30, 2026 USD ($)	Dec. 31, 2025 USD ($)	Jul. 26, 2019 USD ($)
Debt Instrument [Line Items]
Total outstanding principal				$ 2,595,857,000			$ 2,645,256,000
Debt issuance costs, net				$ 46,956,000			$ 50,868,000
Term loan credit agreement \| Line of Credit
Debt Instrument [Line Items]
Deferred financing costs		$ 19,600,000
Term Loan B-2, maturing 2028 \| Line of Credit
Debt Instrument [Line Items]
SOFR plus margin range		5.75%
Deferred financing costs and original issue discount		$ 14,300,000
Line of credit facility, interest rate at period end				9.54%			9.60%
Weighted average interest rate, over the period				9.55%
Term Loan \| Senior notes
Debt Instrument [Line Items]
Additional loan principal payment				$ 30,600,000
Deferred debt issuance cost, writeoff				$ 600,000
Term loan, due in May 2026 \| Senior notes
Debt Instrument [Line Items]
Weighted average interest rate, over the period					7.01%
Debt instrument, interest rate, effective percentage					7.00%
Additional loan principal payment		719,000,000
Term loan, due in January 2028 \| Senior notes
Debt Instrument [Line Items]
Weighted average interest rate, over the period					7.45%
Debt instrument, interest rate, effective percentage					7.44%
Additional loan principal payment		$ 541,000,000
Senior secured notes due 2029 \| Senior notes
Debt Instrument [Line Items]
Debt face value			$ 550,000,000
Debt stated rate			3.875%
Debt issuance price as a percentage of par			100.00%
Debt issuance costs, net			$ 13,800,000
Senior unsecured notes due in August 2030 \| Senior notes
Debt Instrument [Line Items]
Debt face value	$ 750,000,000
Debt stated rate	9.875%
Debt issuance price as a percentage of par	99.509%
Senior unsecured notes, due in July 2027 \| Senior notes
Debt Instrument [Line Items]
Debt face value								$ 500,000,000
Debt stated rate								5.875%
Debt redemption price	100.00%
Repayment of senior debt	$ 426,000,000
Senior secured notes due 2030 \| Senior notes
Debt Instrument [Line Items]
Debt issuance costs, net	$ 27,800,000
Senior unsecured notes, due in January 2031 \| Senior notes
Debt Instrument [Line Items]
Debt face value			$ 500,000,000
Debt stated rate			5.375%
Debt issuance price as a percentage of par			100.00%
Debt issuance costs, net			$ 12,500,000
Revolving Credit Facility \| Line of Credit
Debt Instrument [Line Items]
Percentage of commitment fees of total unused commitment under revolving credit facility		5.50%
Debt instrument, variable interest rate, type flag		Secured Overnight Financing Rate (SOFR) [Member]
Revolving Credit Facility \| Line of Credit \| Weighted Average
Debt Instrument [Line Items]
Debt instrument, interest rate during period				9.50%	7.18%
Revolving Credit Facility \| Accounts receivable securitization facility \| Line of Credit
Debt Instrument [Line Items]
Debt instrument, term		3 years
Revolving credit and term loan agreement		$ 450,000,000
Debt instrument, basis spread on variable rate, floor		1.00%
Debt instrument, basis spread on variable rate, blended spread		3.58%
Debt issuance costs, gross		$ 6,000,000.0
Long-term line of credit				$ 322,000,000			$ 322,000,000
Debt, weighted average interest rate				7.25%			7.29%
Total outstanding principal				$ 322,300,000			$ 361,100,000
Revolving Credit Facility \| Senior secured credit agreement due on July 2027 \| Through September 30, 2026
Debt Instrument [Line Items]
Maximum leverage ratio		3.50
Revolving Credit Facility \| Senior secured credit agreement due on July 2027 \| After September 30, 2026
Debt Instrument [Line Items]
Maximum leverage ratio		3.25
Revolving Credit Facility \| Senior secured credit agreement due on July 2027 \| Line of Credit
Debt Instrument [Line Items]
Revolving credit and term loan agreement		$ 208,000,000
Debt instrument, interest rate, effective percentage				9.29%
Revolving Credit Facility \| Revolving credit facilities \| Line of Credit
Debt Instrument [Line Items]
Total outstanding principal				$ 20,000,000			$ 0
Revolving Credit Facility \| Revolving credit facilities \| Line of Credit \| Minimum
Debt Instrument [Line Items]
Percentage of commitment fees of total unused commitment under revolving credit facility		0.30%
Revolving Credit Facility \| Revolving credit facilities \| Line of Credit \| Maximum
Debt Instrument [Line Items]
Percentage of commitment fees of total unused commitment under revolving credit facility		0.50%
Revolving Credit Facility \| Senior Secured Credit Agreement Due on July 2029 \| Line of Credit \| Subsequent Event
Debt Instrument [Line Items]
Revolving credit and term loan agreement						$ 200,000,000
Letter of credit \| Revolving credit facilities \| Line of Credit
Debt Instrument [Line Items]
Letters of credit outstanding				8,900,000
Senior secured debt \| Term Loan B-2, maturing 2028 \| Line of Credit
Debt Instrument [Line Items]
Debt face value		$ 545,000,000
Senior secured debt \| Term Loan B-3, maturing 2029 \| Line of Credit
Debt Instrument [Line Items]
Debt face value				$ 340,000,000
SOFR plus margin range				3.35%
Deferred financing costs and original issue discount				$ 8,900,000
Weighted average interest rate, over the period				7.15%
Debt instrument, interest rate, effective percentage				7.14%			7.20%
Non-Extended Revolving Credit Facility \| Senior secured credit agreement due on July 2027 \| Line of Credit \| Subsequent Event
Debt Instrument [Line Items]
Revolving credit and term loan agreement						$ 8,000,000.0

Employee Benefit Plans - Narrative (Details) $ in Millions	3 Months Ended
Employee Benefit Plans - Narrative (Details) $ in Millions	Mar. 31, 2026 USD ($)
SERPs
Defined Benefit Plan Disclosure [Line Items]
Contributions to benefit plan	$ 0.3
Estimated future contributions	1.0
Defined benefit plans
Defined Benefit Plan Disclosure [Line Items]
Estimated future contributions	$ 4.4

- Definition

Amount of contribution received by defined benefit plan from employer which increases plan assets.

+ References

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+ Details

- Definition

Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.

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-URI https://asc.fasb.org/1943274/2147480506/715-20-50-5

Reference 18: http://www.xbrl.org/2003/role/disclosureRef
-Topic 715
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 5
-Subparagraph (f)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480506/715-20-50-5

Reference 19: http://www.xbrl.org/2003/role/disclosureRef
-Topic 715
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 5
-Subparagraph (e)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480506/715-20-50-5

Reference 20: http://www.xbrl.org/2003/role/disclosureRef
-Topic 715
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 5
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480506/715-20-50-5

+ Details

Goodwill and Other Intangible Assets - Narrative (Details) $ in Thousands	3 Months Ended
	Mar. 31, 2026 USD ($) station	Dec. 31, 2025 USD ($)	Dec. 31, 2021 USD ($)
Goodwill [Line Items]
Estimated amortization expense, remainder of 2026	$ 66,400
Estimated amortization expense, 2027	86,400
Estimated amortization expense, 2028	65,100
Estimated amortization expense, 2029	60,200
Estimated amortization expense, 2030	60,200
Estimated amortization expense, 2031	50,800
Estimated amortization expense, in later years	354,800
Net carrying value of intangible assets	$ 743,874	$ 753,261
Sensitivity analysis of fair value, reduction in fair value of reporting unit for 50 basis point increase in discount rate	6.00%
Local Media
Goodwill [Line Items]
Percentage fair value in excess of carrying value		20.00%
Scripps Networks
Goodwill [Line Items]
Percentage fair value in excess of carrying value		5.00%
ION Media
Goodwill [Line Items]
Number of stations divested \| station	23
Amortizable intangible assets			$ 422,000
Intangible asset, estimated amortization period	20 years
Net carrying value of intangible assets	$ 311,000

Leases

3 Months Ended

Mar. 31, 2026

Leases [Abstract]

Leases

We have operating leases for office space, data centers and certain equipment. Our operating leases have lease terms of 1 year to 30 years, some of which may include options to extend the leases for up to 5 years, and some of which may include options to terminate the leases within 1 year. We also have a finance lease for office space that has a remaining lease term of 32 years. Operating lease costs recognized in our Condensed Consolidated Statements of Operations for the three months ended March 31, 2026 and 2025 totaled $6.6 million and $5.5 million, respectively, including short-term lease costs of $1.6 million and $1.8 million, respectively. Amortization of the right-of-use asset for our finance leases totaled $0.2 million for both the three months ended March 31, 2026 and 2025. Interest expense on the finance leases liability totaled $0.6 million for both the three months ended March 31, 2026 and 2025.

Other information related to our leases was as follows:


(in thousands, except lease term and discount rate)	As of March 31, 2026			As of December 31, 2025

Balance Sheet Information
Operating Leases
Right-of-use assets	$	92,175		$	95,975
Other current liabilities	18,765			18,974
Operating lease liabilities	81,899			85,885
Finance Leases
Property and equipment, at cost	28,321			28,321
Accumulated depreciation	(2,653)			(2,454)
Property and equipment, net	25,668			25,867

Other liabilities	31,571			31,462
Weighted Average Remaining Lease Term
Operating leases	10.33 years			10.20 years
Finance leases	32.25 years			32.50 years
Weighted Average Discount Rate
Operating leases	5.81		%	5.78		%
Finance leases	7.10		%	7.10		%


	Three Months Ended March 31,
(in thousands)		2026		2025

Supplemental Cash Flows Information
Cash paid for amounts included in the measurement of lease liabilities
Operating cash flows from operating leases		$	6,197	$	5,398
Operating cash flows from finance leases		450		438
Financing cash flows from finance leases		—		—
Right-of-use assets obtained in exchange for operating lease obligations		606		2,151
Right-of-use assets obtained in exchange for finance lease obligations		—		—

Future minimum lease payments under non-cancellable leases as of March 31, 2026 were as follows:


(in thousands)	Operating Leases		Finance Leases

Remainder of 2026	$	18,627	$	1,374
2027	21,806		1,875
2028	16,495		1,926
2029	14,119		1,979
2030	7,766		2,034
Thereafter	64,224		86,111
Total future minimum lease payments	143,037		95,299
Less: Imputed interest	(42,373)		(63,728)
Total	$	100,664	$	31,571

Leases

Other information related to our leases was as follows:


(in thousands, except lease term and discount rate)	As of March 31, 2026			As of December 31, 2025

Balance Sheet Information
Operating Leases
Right-of-use assets	$	92,175		$	95,975
Other current liabilities	18,765			18,974
Operating lease liabilities	81,899			85,885
Finance Leases
Property and equipment, at cost	28,321			28,321
Accumulated depreciation	(2,653)			(2,454)
Property and equipment, net	25,668			25,867

Other liabilities	31,571			31,462
Weighted Average Remaining Lease Term
Operating leases	10.33 years			10.20 years
Finance leases	32.25 years			32.50 years
Weighted Average Discount Rate
Operating leases	5.81		%	5.78		%
Finance leases	7.10		%	7.10		%


	Three Months Ended March 31,
(in thousands)		2026		2025

Supplemental Cash Flows Information
Cash paid for amounts included in the measurement of lease liabilities
Operating cash flows from operating leases		$	6,197	$	5,398
Operating cash flows from finance leases		450		438
Financing cash flows from finance leases		—		—
Right-of-use assets obtained in exchange for operating lease obligations		606		2,151
Right-of-use assets obtained in exchange for finance lease obligations		—		—

Future minimum lease payments under non-cancellable leases as of March 31, 2026 were as follows:


(in thousands)	Operating Leases		Finance Leases

Remainder of 2026	$	18,627	$	1,374
2027	21,806		1,875
2028	16,495		1,926
2029	14,119		1,979
2030	7,766		2,034
Thereafter	64,224		86,111
Total future minimum lease payments	143,037		95,299
Less: Imputed interest	(42,373)		(63,728)
Total	$	100,664	$	31,571

Cover Page	3 Months Ended
Cover Page	Mar. 31, 2026 shares
Document Information [Line Items]
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Mar. 31, 2026
Document Transition Report	false
Entity File Number	001-10701
Entity Registrant Name	THE E.W. SCRIPPS COMPANY
Entity Incorporation, State or Country Code	OH
Entity Tax Identification Number	31-1223339
Entity Address, Address Line One	312 Walnut Street
Entity Address, City or Town	Cincinnati,
Entity Address, State or Province	OH
Entity Address, Postal Zip Code	45202
City Area Code	513
Local Phone Number	977-3000
Title of 12(b) Security	Class A Common Stock, par value $0.01 per share
Trading Symbol	SSP
Security Exchange Name	NASDAQ
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Accelerated Filer
Entity Emerging Growth Company	false
Entity Small Business	false
Entity Shell Company	false
Amendment Flag	false
Entity Central Index Key	0000832428
Current Fiscal Year End Date	--12-31
Document Fiscal Year Focus	2026
Document Fiscal Period Focus	Q1
Common stock, Class A
Document Information [Line Items]
Entity Common Stock, Shares Outstanding	79,608,102
Common stock, Voting
Document Information [Line Items]
Entity Common Stock, Shares Outstanding	11,932,722

Leases - Schedule of Minimum Lease Payments (Details) $ in Thousands	Mar. 31, 2026 USD ($)
Operating Leases
Remainder of 2026	$ 18,627
2027	21,806
2028	16,495
2029	14,119
2030	7,766
Thereafter	64,224
Total future minimum lease payments	143,037
Less: Imputed interest	(42,373)
Total	100,664
Finance Leases
Remainder of 2026	1,374
2027	1,875
2028	1,926
2029	1,979
2030	2,034
Thereafter	86,111
Total future minimum lease payments	95,299
Less: Imputed interest	(63,728)
Total	$ 31,571

Other Liabilities

3 Months Ended

Mar. 31, 2026

Other Liabilities Disclosure [Abstract]

Other Liabilities

Other liabilities consisted of the following:


(in thousands)	As of March 31, 2026		As of December 31, 2025

Employee compensation and benefits	$	30,527	$	30,348
Deferred FCC repack income	30,048		30,816
Programming liability	157,043		166,187
Liability for pension benefits	57,838		57,732
Liabilities for uncertain tax positions	38,770		40,227
Finance leases	31,571		31,462
Other	19,818		12,317
Other liabilities (less current portion)	$	365,615	$	369,089

Goodwill and Other Intangible Assets - Schedule of Other Finite-lived Intangible Assets (Details) - USD ($) $ in Thousands	Mar. 31, 2026	Dec. 31, 2025
Carrying amount:
Total carrying amount	$ 1,385,015	$ 1,380,519
Accumulated amortization:
Total accumulated amortization	(641,141)	(627,258)
Net amortizable intangible assets	743,874	753,261
Indefinite-lived intangible assets — FCC licenses	764,515	764,515
Total other intangible assets	1,508,389	1,517,776
Television affiliation relationships
Carrying amount:
Total carrying amount	1,025,844	1,025,844
Accumulated amortization:
Total accumulated amortization	(375,626)	(362,580)
Customer lists and advertiser relationships
Carrying amount:
Total carrying amount	216,622	216,622
Accumulated amortization:
Total accumulated amortization	(179,743)	(174,261)
Other
Carrying amount:
Total carrying amount	142,549	138,053
Accumulated amortization:
Total accumulated amortization	$ (85,772)	$ (90,417)

Capital Stock	3 Months Ended
Capital Stock	Mar. 31, 2026
Equity [Abstract]
Capital Stock	Capital Stock Capital Stock — We have two classes of common shares, Common Voting shares and Class A Common shares. The Class A Common shares are only entitled to vote on the election of the greater of three or one-third of the directors and other matters as required by Ohio law. On January 7, 2021, we issued 6,000 shares of series A preferred stock, having a face value of $100,000 per share. The preferred shares are perpetual and will be redeemable at the option of the Company beginning on the fifth anniversary of issuance, and redeemable at the option of the holders in the event of a Change of Control (as defined in the terms of the preferred shares), in each case at a redemption price of 105% of the face value, plus accrued and unpaid dividends (whether or not declared). The 9% per annum dividend rate on the preferred shares, which compounds quarterly, will be incurred at that rate for the remaining periods that the preferred shares are outstanding. We did not declare or provide payment for the preferred stock dividend in the first quarter of 2026 or any of the 2025 quarters. At March 31, 2026, aggregated undeclared and unpaid cumulative dividends totaled $133 million and the redemption value of the preferred stock totaled $766 million. Under the terms of the preferred shares, we are prohibited from paying dividends on and repurchasing our common shares until all preferred shares are redeemed. Class A Common Shares Stock Warrant — In connection with the issuance of the preferred shares, Berkshire Hathaway, Inc. ("Berkshire Hathaway") also received a warrant to purchase up to 23.1 million Class A shares, at an exercise price of $13 per share. The warrant is exercisable at the holder's option at any time or from time to time, in whole or in part, until the first anniversary of the date on which no preferred shares remain outstanding. Shareholder Rights Plan — In November 2025, our Board of Directors approved a limited-duration shareholder rights plan and declared a dividend of one right for each outstanding Class A Common share and Common Voting share of the Company to shareholders of record on December 8, 2025. Initially, the rights are not exercisable and will trade with the Class A Common shares and Common Voting shares, respectively. The rights plan was ratified by holders of our Common Voting Shares at our May 4, 2026 Annual Meeting of Shareholders, and expires on November 26, 2026. In general, the rights become exercisable following a public announcement that a person acquires 10% or more of the outstanding Class A Common shares of stock. If the rights are exercised, each holder (except the acquiring person) will have the right to purchase, at the exercise price, additional Class A Common shares at a 50% discount to the then-current market price. In addition, if Scripps is acquired in a merger or other business combination after an unapproved party acquires more than 10% of the outstanding Class A Common shares, each holder of a right would then be entitled to purchase, at the then-current exercise price, shares of the acquiring company’s stock at a 50% discount. The plan also provides for exceptions and additional terms for other certain situations and circumstances. There is currently no impact to our Condensed Consolidated Financial Statements.

Restructuring Costs - Narrative (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2026	Mar. 31, 2025
Restructuring Cost and Reserve [Line Items]
Restructuring costs	$ 644	$ 4,144
TrueReal Restructuring
Restructuring Cost and Reserve [Line Items]
Restructuring costs	644	4,144
Employee Severance \| TrueReal Restructuring
Restructuring Cost and Reserve [Line Items]
Restructuring costs	$ 300	2,000
Operating Lease Exit Costs \| TrueReal Restructuring
Restructuring Cost and Reserve [Line Items]
Restructuring costs		$ 2,100

- Definition

Amount of expenses associated with exit or disposal activities pursuant to an authorized plan. Excludes expenses related to a discontinued operation or an asset retirement obligation.

+ References + Details

- Definition

Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.

+ References + Details

Restricted Cash (Details) - USD ($) $ in Thousands	Mar. 31, 2026	Dec. 31, 2025
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Restricted cash	$ 11,305	$ 0
WFTX And WRTV \| Disposal Group, Held-for-sale, Not Discontinued Operations
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Restricted cash	$ 11,300

Supplemental Cash Flow Information

3 Months Ended

Mar. 31, 2026

Supplemental Cash Flow Elements [Abstract]

Supplemental Cash Flow Information

The following table presents additional information about the change in certain working capital accounts:


	Three Months Ended March 31,
(in thousands)	2026		2025

Accounts receivable	$	43,618	$	47,550
Other current assets	4,381		(8,061)
Accounts payable	2,230		(7,679)
Unearned revenue	2,672		(5,823)
Accrued employee compensation and benefits	(10,447)		(34,204)
Accrued income taxes	13,069		(619)
Accrued interest	(31,690)		(17,330)
Other accrued liabilities	4,847		(1,991)
Other, net	(111)		(28)
Total	$	28,569	$	(28,185)

Goodwill and Other Intangible Assets (Tables)

3 Months Ended

Mar. 31, 2026

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Goodwill

Goodwill consisted of the following:


(in thousands)	Local Media		Scripps Networks		Other		Total

Gross balance as of December 31, 2025	$	1,064,474	$	2,022,159	$	7,190	$	3,093,823
Accumulated impairment losses	(205,717)		(969,772)		—		(1,175,489)
Net balance as of December 31, 2025	$	858,757	$	1,052,387	$	7,190	$	1,918,334

Gross balance as of March 31, 2026	$	1,064,474	$	2,022,159	$	7,190	$	3,093,823
Accumulated impairment losses	(205,717)		(969,772)		—		(1,175,489)
Net balance as of March 31, 2026	$	858,757	$	1,052,387	$	7,190	$	1,918,334

Schedule of Other Finite-lived Intangible Assets

Other intangible assets consisted of the following:


(in thousands)	As of March 31, 2026		As of December 31, 2025

Amortizable intangible assets:
Carrying amount:
Television affiliation relationships	$	1,025,844	$	1,025,844
Customer lists and advertiser relationships	216,622		216,622
Other	142,549		138,053
Total carrying amount	1,385,015		1,380,519
Accumulated amortization:
Television affiliation relationships	(375,626)		(362,580)
Customer lists and advertiser relationships	(179,743)		(174,261)
Other	(85,772)		(90,417)
Total accumulated amortization	(641,141)		(627,258)
Net amortizable intangible assets	743,874		753,261
Indefinite-lived intangible assets — FCC licenses	764,515		764,515
Total other intangible assets	$	1,508,389	$	1,517,776

Schedule of indefinite-lived intangible assets

Other intangible assets consisted of the following:


(in thousands)	As of March 31, 2026		As of December 31, 2025

Amortizable intangible assets:
Carrying amount:
Television affiliation relationships	$	1,025,844	$	1,025,844
Customer lists and advertiser relationships	216,622		216,622
Other	142,549		138,053
Total carrying amount	1,385,015		1,380,519
Accumulated amortization:
Television affiliation relationships	(375,626)		(362,580)
Customer lists and advertiser relationships	(179,743)		(174,261)
Other	(85,772)		(90,417)
Total accumulated amortization	(641,141)		(627,258)
Net amortizable intangible assets	743,874		753,261
Indefinite-lived intangible assets — FCC licenses	764,515		764,515
Total other intangible assets	$	1,508,389	$	1,517,776

- Definition

Tabular disclosure of goodwill by reportable segment and in total which includes a rollforward schedule.

+ References

Reference 1: http://www.xbrl.org/2003/role/exampleRef
-Topic 350
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-URI https://asc.fasb.org/1943274/2147482548/350-20-55-24

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+ Details

Acquisitions and Dispositions

3 Months Ended

Mar. 31, 2026

Discontinued Operations and Disposal Groups [Abstract]

Acquisitions and Dispositions

Assets Held For Sale

On September 3, 2025, we reached an agreement to sell WFTX, our local Fox-affiliated station in Fort Myers, Florida, for $40.0 million. Following closing of the transaction on March 2, 2026, we recognized a pre-tax gain from disposition totaling $5.6 million.

In October 2025, we reached an agreement to sell WRTV, our local ABC-affiliated station in Indianapolis, Indiana, for $83.0 million. The transaction closed on March 31, 2026 and we recognized a pre-tax gain from the disposition totaling $28.0 million.

In the fourth quarter of 2025, we committed to the sale of Court TV and recognized a $19.5 million non-cash charge in the fourth quarter of 2025, reflecting the difference between the carrying value of Court TV's net assets and the transaction consideration. On February 9, 2026, we closed on the sale of the network and recognized a pre-tax loss from disposition totaling $3.6 million. With the sale, we also entered into a 3-year distribution agreement at market rates with the buyer. The distribution agreement provides for the continued carriage of Court TV on Scripps properties.

The following table presents a summary of the assets and liabilities held for sale included in our Condensed Consolidated Balance Sheet as of December 31, 2025.


(in thousands)	WFTX		WRTV		Court TV		Total

Assets:
Total current assets	$	—	$	—	$	4,467	$	4,467
Property and equipment	11,585		6,228		78		17,891
Goodwill and intangible assets	25,347		48,290		3,884		77,521
Operating lease right-of-use assets	151		—		—		151
Other assets	523		452		21,386		22,361
Adjustment to carrying value to reflect estimated fair value less cost to sell	—		—		(19,458)		(19,458)
Total assets held for sale	37,606		54,970		10,357		102,933
Liabilities:
Total current liabilities	274		194		3,357		3,825
Operating lease liabilities	115		—		—		115
Other liabilities	2,969		154		—		3,123
Total liabilities held for sale	3,358		348		3,357		7,063
Net assets held for sale	$	34,248	$	54,622	$	7,000	$	95,870

Pending Transactions

On July 7, 2025, we entered into agreements with Gray Media, Inc. ("Gray"), to swap television stations across five markets. Upon completion of the transactions, we will acquire Gray's KKTV (CBS) in Colorado Springs, Colorado; KKCO (NBC) and low power station KJCT-LP (ABC) in Grand Junction, Colorado; and KMVT (CBS) and low power station KSVT-LD (Fox) in Twin Falls, Idaho. Gray will be acquiring WSYM (Fox) in Lansing, Michigan, and KATC (ABC) in Lafayette, Louisiana. The swap involves the even exchange of comparable assets. As a result, neither company will pay cash consideration to the other. The transaction will close upon satisfaction of closing conditions and necessary regulatory approvals.

Upon our acquisition of ION Media in 2021, we simultaneously sold 23 ION television stations to INYO Broadcast Holdings ("INYO") to comply with ownership rules of the FCC. These divested stations became independent affiliates of ION pursuant to long-term affiliation agreements. In connection with this sale, we also received call options that granted us the right to acquire the assets of some or all of these 23 INYO television stations.

In February 2026, we notified INYO of our exercise of all of the options. In addition to other customary closing conditions, any transaction would be subject to FCC consent and, in certain cases, waiver of FCC ownership rules. We also have the right to withdraw our exercise of any or all of the options at any time prior to closing without any further obligation other than reimbursing INYO for expenses. Each station is subject to a separate option, so the acquisition of individual station assets may occur at various dates or potentially not occur.

The current aggregate purchase price for the exercise of all options is approximately $54 million. However, the purchase price is based on formulas that will be contingent on the respective closing dates of any transactions.

On March 4, 2026, we reached an agreement to purchase WTVQ, the ABC affiliate in Lexington, Kentucky, for $15.8 million. The transaction will require federal regulatory and other customary approvals and is not expected to close until the back half of 2026. During the first quarter of 2026, we provided a $5.0 million deposit that will be applied against the purchase price at closing. While approval is pending, we receive revenue from and pay expenses related to WTVQ's operations through a local programming and marketing agreement.

Long-Term Debt - Schedule of Components of Long-Term Debt (Details) - USD ($) $ in Thousands	Mar. 31, 2026	Dec. 31, 2025
Components of Long-term debt
Total outstanding principal	$ 2,595,857	$ 2,645,256
Less: Debt issuance costs and issuance discounts	(46,956)	(50,868)
Less: Current portion	0	(8,854)
Net carrying value of long-term debt	2,548,901	2,585,534
Fair value of long-term debt	2,425,947	2,487,833
Senior secured notes, due in January 2029 \| Senior secured debt
Components of Long-term debt
Total outstanding principal	523,356	523,356
Senior secured notes, due in August 2030 \| Senior secured debt
Components of Long-term debt
Total outstanding principal	750,000	750,000
Senior unsecured notes, due in January 2031 \| Senior unsecured notes
Components of Long-term debt
Total outstanding principal	392,071	392,071
Term loan, due in June 2028 \| Line of Credit
Components of Long-term debt
Total outstanding principal	270,966	281,126
Term loan, due in November 2029
Components of Long-term debt
Total outstanding principal	317,164	337,603
Revolving credit facilities \| Accounts receivable securitization facility \| Line of Credit
Components of Long-term debt
Total outstanding principal	322,300	361,100
Revolving credit facilities \| Revolving credit facilities \| Line of Credit
Components of Long-term debt
Total outstanding principal	$ 20,000	$ 0

Other Liabilities (Details) - USD ($) $ in Thousands	Mar. 31, 2026	Dec. 31, 2025
Other liabilities
Employee compensation and benefits	$ 30,527	$ 30,348
Deferred FCC repack income	30,048	30,816
Programming liability	157,043	166,187
Liability for pension benefits	57,838	57,732
Liabilities for uncertain tax positions	38,770	40,227
Finance leases	31,571	31,462
Other	19,818	12,317
Other liabilities (less current portion)	$ 365,615	$ 369,089

Supplemental Cash Flow Information (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2026	Mar. 31, 2025
Other Changes in Certain Working Capital Accounts, Net
Accounts receivable	$ 43,618	$ 47,550
Other current assets	4,381	(8,061)
Accounts payable	2,230	(7,679)
Unearned revenue	2,672	(5,823)
Accrued employee compensation and benefits	(10,447)	(34,204)
Accrued income taxes	13,069	(619)
Accrued interest	(31,690)	(17,330)
Other accrued liabilities	4,847	(1,991)
Other, net	(111)	(28)
Total	$ 28,569	$ (28,185)

Condensed Consolidated Balance Sheets (Unaudited) - USD ($) $ in Thousands	Mar. 31, 2026	Dec. 31, 2025
Current assets:
Cash and cash equivalents	$ 83,726	$ 27,923
Restricted cash	11,305	0
Accounts receivable (less allowances — $6,551 and $5,909)	527,234	569,307
Miscellaneous	43,032	47,255
Total assets held for sale	0	102,933
Total current assets	665,297	747,418
Investments	12,915	14,369
Property and equipment	398,018	407,966
Operating lease right-of-use assets	92,175	95,975
Goodwill	1,918,334	1,918,334
Other intangible assets	1,508,389	1,517,776
Programming	296,229	280,359
Miscellaneous	25,691	26,431
Total Assets	4,917,048	5,008,628
Current liabilities:
Accounts payable	73,678	63,420
Unearned revenue	24,838	22,166
Current portion of long-term debt	0	8,854
Accrued liabilities:
Employee compensation and benefits	45,159	55,657
Accrued taxes	47,645	34,576
Programming liability	137,004	141,914
Accrued interest	22,101	53,791
Miscellaneous	44,833	41,813
Other current liabilities	27,079	24,347
Liabilities held for sale	0	7,063
Total current liabilities	422,337	453,601
Long-term debt (less current portion)	2,548,901	2,585,534
Deferred income taxes	252,895	268,427
Operating lease liabilities	81,899	85,885
Other liabilities (less current portion)	365,615	369,089
Equity:
Total preferred and common stock	420,074	420,049
Additional paid-in capital	1,468,193	1,467,347
Accumulated deficit	(578,671)	(576,881)
Accumulated other comprehensive loss, net of income taxes	(64,195)	(64,423)
Total equity	1,245,401	1,246,092
Total Liabilities and Equity	4,917,048	5,008,628
Preferred stock
Equity:
Preferred stock	0	0
Preferred stock, Series A
Equity:
Preferred stock	419,159	419,159
Common stock, Class A
Equity:
Common stock	796	771
Common stock, Voting
Equity:
Common stock	$ 119	$ 119

Segment Information - Narrative (Details)	3 Months Ended
Segment Information - Narrative (Details)	Mar. 31, 2026 station affiliate lowPowerStation segment
Segment Reporting Information [Line Items]
Number of operating segments \| segment	2
Number of reportable segments \| segment	2
Local Media
Segment Reporting Information [Line Items]
Number of local broadcast stations \| station	60
Number of low power stations operated \| lowPowerStation	10
Local Media \| ABC affiliates
Segment Reporting Information [Line Items]
Number of affiliates	18
Local Media \| NBC affiliates
Segment Reporting Information [Line Items]
Number of affiliates	11
Local Media \| CBS affiliates
Segment Reporting Information [Line Items]
Number of affiliates	9
Local Media \| FOX affiliates
Segment Reporting Information [Line Items]
Number of affiliates	3
Local Media \| Independent stations
Segment Reporting Information [Line Items]
Number of affiliates	12

Condensed Consolidated Statements of Operations (Unaudited) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2026	Mar. 31, 2025
Operating Revenues:
Total operating revenues	$ 516,868	$ 524,393
Operating Expenses:
Cost of revenues, excluding depreciation and amortization	310,794	317,153
Selling, general and administrative expenses, excluding depreciation and amortization	145,827	137,239
Restructuring costs	644	4,144
Depreciation	13,285	14,904
Amortization of intangible assets	22,062	23,556
Losses (gains), net on disposal of property and equipment	(509)	(78)
Total operating expenses	492,103	496,918
Operating income	24,765	27,475
Interest expense	(56,958)	(43,750)
Defined benefit pension plan expense	(733)	(338)
Gains (losses) from sale of business	30,009	0
Miscellaneous, net	(1,531)	156
Loss from operations before income taxes	(4,448)	(16,457)
Benefit for income taxes	(2,658)	(13,002)
Net loss	(1,790)	(3,455)
Preferred stock dividends	(16,191)	(15,388)
Net loss attributable to the shareholders of The E.W. Scripps Company	$ (17,981)	$ (18,843)
Net loss per basic share of common stock attributable to the shareholders of The E.W. Scripps Company (in dollars per share)	$ (0.20)	$ (0.22)
Net loss per diluted share of common stock attributable to the shareholders of The E.W. Scripps Company (in dollars per share)	$ (0.20)	$ (0.22)
Advertising
Operating Revenues:
Total operating revenues	$ 315,666	$ 325,850
Distribution
Operating Revenues:
Total operating revenues	192,363	188,924
Other
Operating Revenues:
Total operating revenues	$ 8,839	$ 9,619

Restricted Cash	3 Months Ended
Restricted Cash	Mar. 31, 2026
Cash and Cash Equivalents [Abstract]
Restricted Cash	Restricted Cash At March 31, 2026, we had restricted cash of $11.3 million. This cash is being held in escrow from the sales of our local broadcast station, WFTX, in Fort Myers, Florida, and our local broadcast station, WRTV, in Indianapolis, Indiana, which were completed during the first quarter of 2026.

Restructuring Costs

3 Months Ended

Mar. 31, 2026

Restructuring and Related Activities [Abstract]

Restructuring Costs

Restructuring activities reflect programs that fundamentally change our operations, such as divestitures, closing or consolidating facilities, employee severance charges (including rationalizing headcount or other significant changes in personnel) and realignment of existing operations (including changes in management structure in response to underlying performance and/or changing market conditions).

In February 2026, we announced an enterprise-wide transformation plan that is designed to improve operating performance and unlock new value through targeted annualized enterprise EBITDA growth. We expect to fully operationalize this plan by the end of 2028 through cost savings and revenue growth initiatives that will leverage technology including artificial intelligence and automation and increase revenue yield on our existing businesses.

Restructuring costs in the first quarter of 2026 and 2025 totaled $0.6 million and $4.1 million, respectively. Restructuring costs in 2026 included severance charges of $0.3 million. Remaining restructuring costs in 2026 included outside consulting fees associated with the enterprise-wide transformation plan. Restructuring costs in the first quarter of 2025 included severance charges of $2.0 million and operating lease exit costs of $2.1 million related to prior strategic reorganization efforts.


Three Months Ended March 31, 2026 and 2025 (in thousands)	Severance and Employee Benefits		Other Restructuring Charges		Total

Liability as of December 31, 2025	$	—	$	2,535	$	2,535
Net charges	327		317		644
Payments	(258)		(1,255)		(1,513)
Non-cash (a)	—		—		—
Liability as of March 31, 2026	$	69	$	1,597	$	1,666


Liability as of December 31, 2024	$	9,653	$	—	$	9,653
Net charges	2,012		2,132		4,144
Payments	(9,802)		(110)		(9,912)
Non-cash (a)	—		(1,397)		(1,397)
Liability as of March 31, 2025	$	1,863	$	625	$	2,488

(a) Represents share-based compensation costs and asset write-downs included in restructuring charges.

Segment Information

3 Months Ended

Mar. 31, 2026

Segment Reporting [Abstract]

Segment Information

We determine our operating segments based upon our management and internal reporting structure, as well as the basis that our chief operating decision maker makes resource-allocation decisions.

Our Local Media segment includes more than 60 local television stations and their related digital operations. It is comprised of 18 ABC affiliates, 11 NBC affiliates, nine CBS affiliates and three FOX affiliates. We also have 12 independent stations and 10 additional low power stations. Our Local Media segment earns revenue primarily from the sale of advertising to local, national and political advertisers and retransmission fees received from cable operators, telecommunications companies, satellite carriers and over-the-top virtual MVPDs.

Our Scripps Networks segment includes national news outlet Scripps News as well as popular entertainment brands ION, Bounce, Grit, ION Mystery, ION Plus and Laff. The Scripps Networks reach nearly every U.S. television home through free over-the-air broadcast, cable/satellite, connected TV and/or digital distribution. These operations earn revenue primarily through the sale of advertising.

Our segment results reflect the impact of intercompany carriage agreements between our local broadcast television stations and our national networks. The intercompany carriage fee revenue earned by our local broadcast television stations is equal to the carriage fee expense incurred by our national networks. We also allocate a portion of certain corporate costs and expenses, including accounting, human resources, employee benefit and information technology to our segments. These intercompany agreements and allocations are generally amounts agreed upon by management, which may differ from an arms-length amount.

The other segment caption aggregates our operating segments that are too small to report separately. Costs for centrally provided services and certain corporate costs that are not allocated to the segments are included in shared services and corporate costs. These unallocated corporate costs would also include the costs associated with being a public company. Corporate assets are primarily cash and cash equivalents, property and equipment primarily used for corporate purposes and deferred income taxes.

Our President and Chief Executive Officer is the Company's chief operating decision maker. He evaluates the monthly operating performance of our segments, including budget-to-actual variances, and makes decisions about the allocation of resources to our segments using a measure called segment profit. Segment profit excludes interest, defined benefit pension plan amounts, income taxes, depreciation and amortization, impairment charges, divested operating units, restructuring activities, investment results and certain other items that are included in net income (loss) determined in accordance with accounting principles generally accepted in the United States of America.

Information regarding our segments is as follows:


	Three Months Ended March 31, 2026
(in thousands)	Local Media		Scripps Networks		Total

Revenues from external customers	$	337,178	$	176,027	$	513,205
Intersegment revenues	4,460		—		4,460
Reportable segments revenues	341,638		176,027		517,665
Other revenues(a)					3,663
Intersegment eliminations					(4,460)
Total consolidated operating revenues					$	516,868
Less:(b)
Employee compensation and benefits	104,300		22,574
Programming(c)	142,637		71,037
Other segment items(d)	48,010		36,150
Segment profit for reportable segments	46,691		46,266		$	92,957
Other segment profit (loss)(a)					(6,076)
Shared services and corporate					(26,634)
Restructuring costs					(644)
Depreciation and amortization of intangible assets					(35,347)

Gains (losses), net on disposal of property and equipment					509
Interest expense					(56,958)


Defined benefit pension plan expense					(733)
Gains (losses) from sale of business					30,009
Miscellaneous, net					(1,531)
Loss from operations before income taxes					$	(4,448)

(b) The significant expense categories and amounts align with the segment-level information that is regularly provided to the chief operating decision maker.

(d) Other segment items for each reportable segment includes marketing and advertising expenses, research costs, certain occupancy costs and other administrative costs.


	Three Months Ended March 31, 2025
(in thousands)	Local Media		Scripps Networks		Total

Revenues from external customers	$	320,706	$	198,007	$	518,713
Intersegment revenues	4,683		—		4,683
Reportable segments revenues	325,389		198,007		523,396
Other revenues(a)					5,680
Intersegment eliminations					(4,683)
Total consolidated operating revenues					$	524,393
Less:(b)
Employee compensation and benefits	105,169		20,873
Programming(c)	139,697		76,410
Other segment items(d)	45,604		36,631
Segment profit for reportable segments	34,919		64,093		$	99,012
Other segment profit (loss)(a)					(6,405)
Shared services and corporate					(22,606)
Restructuring costs					(4,144)
Depreciation and amortization of intangible assets					(38,460)

Gains (losses), net on disposal of property and equipment					78
Interest expense					(43,750)
Defined benefit pension plan expense					(338)
Miscellaneous, net					156
Loss from operations before income taxes					$	(16,457)

(b) The significant expense categories and amounts align with the segment-level information that is regularly provided to the chief operating decision maker.

(d) Other segment items for each reportable segment includes marketing and advertising expenses, research costs, certain occupancy costs and other administrative costs.

Other segment disclosures are as follows:


	Three Months Ended March 31,
(in thousands)		2026		2025

Depreciation:
Local Media		$	8,860	$	9,608
Scripps Networks		3,984		4,888
Total depreciation for reportable segments		12,844		14,496
Other		90		46
Shared services and corporate		351		362
Total depreciation		$	13,285	$	14,904
Amortization of intangible assets:
Local Media		$	7,675	$	8,550
Scripps Networks		12,940		12,977
Total amortization of intangible assets for reportable segments		20,615		21,527
Other		171		357
Shared services and corporate		1,276		1,672
Total amortization of intangible assets		$	22,062	$	23,556
Additions to property and equipment:
Local Media		$	1,661	$	1,206
Scripps Networks		475		497
Total additions to property and equipment for reportable segments		2,136		1,703
Other		—		—
Shared services and corporate		—		151
Total additions to property and equipment		$	2,136	$	1,854

A disaggregation of the principal activities from which we generate revenue is as follows:


	Three Months Ended March 31,
(in thousands)		2026		2025

Operating revenues:
Core advertising		$	305,569	$	322,588
Political		10,097		3,262
Distribution		192,363		188,924
Other		8,839		9,619
Total operating revenues		$	516,868	$	524,393

Total assets by segment were as follows :


(in thousands)	As of March 31, 2026		As of December 31, 2025

Assets:
Local Media	$	2,183,477	$	2,297,873
Scripps Networks	2,518,921		2,567,155
Total assets by reportable segments	4,702,398		4,865,028
Other(a)	31,435		32,759
Shared services and corporate	183,215		110,841


Total assets	$	4,917,048	$	5,008,628

- Definition

The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments.

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+ Details

Segment Information - Schedule of Disaggregation of Revenue Generating Activities (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2026	Mar. 31, 2025
Disaggregation of Revenue [Line Items]
Total operating revenues	$ 516,868	$ 524,393
Core advertising
Disaggregation of Revenue [Line Items]
Total operating revenues	305,569	322,588
Political
Disaggregation of Revenue [Line Items]
Total operating revenues	10,097	3,262
Distribution
Disaggregation of Revenue [Line Items]
Total operating revenues	192,363	188,924
Other
Disaggregation of Revenue [Line Items]
Total operating revenues	$ 8,839	$ 9,619

- Definition

Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.

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-URI https://asc.fasb.org/1943274/2147479777/606-10-55-91

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-Topic 606
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-Name Accounting Standards Codification
-Section 55
-Paragraph 91
-Subparagraph (g)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479777/606-10-55-91

+ Details

- Definition

Amount, excluding tax collected from customer, of revenue from satisfaction of performance obligation by transferring promised good or service to customer. Tax collected from customer is tax assessed by governmental authority that is both imposed on and concurrent with specific revenue-producing transaction, including, but not limited to, sales, use, value added and excise.

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+ Details

Summary of Significant Accounting Policies - Narrative (Details) - USD ($) $ in Thousands, shares in Millions	3 Months Ended
	Mar. 31, 2026	Mar. 31, 2025	Dec. 31, 2025
Summary of Significant Accounting Policies [Line Items]
Allowance for doubtful accounts	$ 6,551		$ 5,909
Unearned revenue	24,838		$ 22,166
Prior year unearned revenue recognized in current period	4,500
Share-based compensation costs	$ 6,500	$ 5,600
Potentially dilutive shares (in shares)	7.1	7.9
Antidilutive RSUs outstanding (in shares)	10.9	10.5
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2026-04-01
Summary of Significant Accounting Policies [Line Items]
Expected period of revenue recognition	12 months

Supplemental Cash Flow Information (Tables)

3 Months Ended

Mar. 31, 2026

Supplemental Cash Flow Elements [Abstract]

Schedule of Change in Certain Working Capital Accounts

The following table presents additional information about the change in certain working capital accounts:


	Three Months Ended March 31,
(in thousands)	2026		2025

Accounts receivable	$	43,618	$	47,550
Other current assets	4,381		(8,061)
Accounts payable	2,230		(7,679)
Unearned revenue	2,672		(5,823)
Accrued employee compensation and benefits	(10,447)		(34,204)
Accrued income taxes	13,069		(619)
Accrued interest	(31,690)		(17,330)
Other accrued liabilities	4,847		(1,991)
Other, net	(111)		(28)
Total	$	28,569	$	(28,185)

Segment Information - Schedule of Other Segment Disclosure (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2026	Mar. 31, 2025
Segment Reporting Information [Line Items]
Total depreciation	$ 13,285	$ 14,904
Total amortization of intangible assets	22,062	23,556
Total additions to property and equipment	2,136	1,854
Operating segments
Segment Reporting Information [Line Items]
Total depreciation	12,844	14,496
Total amortization of intangible assets	20,615	21,527
Total additions to property and equipment	2,136	1,703
Shared services and corporate
Segment Reporting Information [Line Items]
Total depreciation	351	362
Total amortization of intangible assets	1,276	1,672
Intersegment eliminations
Segment Reporting Information [Line Items]
Total additions to property and equipment	0	151
Local Media \| Operating segments
Segment Reporting Information [Line Items]
Total depreciation	8,860	9,608
Total amortization of intangible assets	7,675	8,550
Total additions to property and equipment	1,661	1,206
Scripps Networks \| Operating segments
Segment Reporting Information [Line Items]
Total depreciation	3,984	4,888
Total amortization of intangible assets	12,940	12,977
Total additions to property and equipment	475	497
Other \| Operating segments
Segment Reporting Information [Line Items]
Total depreciation	90	46
Total amortization of intangible assets	171	357
Total additions to property and equipment	$ 0	$ 0

Recently Adopted and Issued Accounting Standards	3 Months Ended
Recently Adopted and Issued Accounting Standards	Mar. 31, 2026
Accounting Policies [Abstract]
Recently Adopted and Issued Accounting Standards	Recently Adopted and Issued Accounting Standards Recently Issued Accounting Standards In September 2025, the Financial Accounting Standards Board ("FASB") issued new guidance that amends certain aspects of the accounting and disclosure requirements for internal-use software costs. The amendments in the guidance remove all references to prescriptive and sequential software development stages, and also provide criteria for when an entity is required to start capitalizing software costs. The guidance is effective for our annual periods beginning in 2028 and interim periods within those annual reporting periods, with early adoption permitted. The guidance can be applied using a prospective transition, modified transition or retrospective transition approach. We are currently evaluating the potential impact that this new guidance will have on our Consolidated Financial Statements and related disclosures. In November 2024, the FASB issued new guidance on disaggregation of income statement expenses. The guidance requires entities to disaggregate any relevant expense caption presented on the face of the income statement within continuing operations into the following required natural expense categories: (1) purchases of inventory, (2) employee compensation, (3) depreciation, (4) intangible asset amortization, and (5) depreciation, depletion and amortization recognized as part of oil-and gas-producing activities or other types of depletion expenses. Such disclosures must be made on an annual and interim basis in a tabular format in the footnotes to the financial statements. The guidance does not change the expense captions an entity presents on the face of the income statement. The guidance also provides clarification regarding identifying relevant expense captions. Furthermore, certain other expenses and gains or losses that must be disclosed under existing U.S. GAAP, and that are recorded in a relevant expense caption, must be presented in the same tabular disclosure on an annual, and, when applicable, interim basis. In addition, the guidance requires entities to disclose selling expenses on an annual and interim basis. The guidance does not define selling expenses, rather, entities will make their own determination of the composition of selling expenses and disclose the definition on an annual basis. The guidance is effective for our annual periods beginning in 2027 and interim periods beginning in the first quarter of 2028, with early adoption permitted. The guidance will be applied on a prospective basis, but retrospective application is permitted. We are currently evaluating the potential impact of adopting this new guidance on our disclosures.

- Definition

The entire disclosure for change in accounting principle. Includes, but is not limited to, nature, reason, and method of adopting amendment to accounting standards or other change in accounting principle.

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+ Details

Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2026	Mar. 31, 2025
Cash Flows from Operating Activities:
Net loss	$ (1,790)	$ (3,455)
Adjustments to reconcile net loss to net cash flows from operating activities:
Depreciation and amortization	35,347	38,460
Losses (gains), net on disposal of property and equipment	(509)	(78)
Losses (gains) from sale of business	(30,009)	0
Programming assets and liabilities	(25,075)	(13,506)
Restructuring impairment charges	0	1,397
Losses (gains) on sale of investments	0	(42)
Deferred income taxes	(15,605)	(9,009)
Stock and deferred compensation plans	6,625	6,705
Pension contributions, net of income/expense	439	32
Other changes in certain working capital accounts, net	28,569	(28,185)
Miscellaneous, net	5,514	4,372
Net cash provided by (used in) operating activities	3,506	(3,309)
Cash Flows from Investing Activities:
Business acquisition deposit	(5,000)	0
Proceeds from sale of business	127,160	0
Additions to property and equipment	(3,156)	(5,055)
Purchase of investments	(419)	(6,805)
Proceeds from sale of property and equipment	635	1,928
Proceeds from sale of investments	0	42
Net cash provided by (used in) investing activities	119,220	(9,890)
Cash Flows from Financing Activities:
Net borrowings under revolving credit facility	20,000	25,000
Proceeds received from accounts receivable securitization facility	48,900	0
Payments on accounts receivable securitization facility	(87,700)	0
Payments on long-term debt	(30,598)	(3,903)
Payments of deferred financing costs	0	(5,755)
Tax payments related to shares withheld for vested stock and RSUs	(5,851)	(810)
Miscellaneous, net	(369)	(1,226)
Net cash provided by (used in) financing activities	(55,618)	13,306
Increase in cash, cash equivalents and restricted cash	67,108	107
Cash, cash equivalents and restricted cash:
Beginning of year	27,923	23,852
End of period	95,031	23,959
Supplemental Cash Flow Disclosures
Interest paid	81,310	57,867
Income taxes refunded	(6,876)	(185)
Non-cash investing information
Accrued capital expenditures	$ 1,066	$ 2,150

Condensed Consolidated Statements of Comprehensive Income (Loss) (Unaudited) (Parenthetical) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2026	Mar. 31, 2025
Statement of Comprehensive Income [Abstract]
Tax on changes in defined benefit pension plans	$ 73	$ 12

Condensed Consolidated Balance Sheets (Unaudited) (Parenthetical) - USD ($) $ in Thousands	Mar. 31, 2026	Dec. 31, 2025
Allowance for doubtful accounts	$ 6,551	$ 5,909
Redemption value of preferred stock	$ 766,000
Common stock, par value (in dollars per share)	$ 0.01	$ 0.01
Preferred stock
Preferred stock, par value (in dollars per share)	$ 0.01	$ 0.01
Preferred stock, shares authorized (in shares)	25,000,000	25,000,000
Preferred stock, shares outstanding (in shares)	0	0
Preferred stock, Series A
Preferred stock, par value (in dollars per share)	$ 100,000	$ 100,000
Preferred stock, shares outstanding (in shares)	6,000	6,000
Preferred stock, shares issued (in shares)	6,000	6,000
Redemption value of preferred stock	$ 765,778	$ 749,587
Common stock, Class A
Common stock, shares authorized (in shares)	240,000,000	240,000,000
Common stock, shares issued (in shares)	79,608,102	77,081,135
Common stock, shares outstanding (in shares)	79,608,102	77,081,135
Common stock, Voting
Common stock, shares authorized (in shares)	60,000,000	60,000,000
Common stock, shares issued (in shares)	11,932,722	11,932,722
Common stock, shares outstanding (in shares)	11,932,722	11,932,722

Acquisitions and Dispositions (Tables)

3 Months Ended

Mar. 31, 2026

Discontinued Operations and Disposal Groups [Abstract]

Schedule of Disposal Groups, Including Discontinued Operations

The following table presents a summary of the assets and liabilities held for sale included in our Condensed Consolidated Balance Sheet as of December 31, 2025.


(in thousands)	WFTX		WRTV		Court TV		Total

Assets:
Total current assets	$	—	$	—	$	4,467	$	4,467
Property and equipment	11,585		6,228		78		17,891
Goodwill and intangible assets	25,347		48,290		3,884		77,521
Operating lease right-of-use assets	151		—		—		151
Other assets	523		452		21,386		22,361
Adjustment to carrying value to reflect estimated fair value less cost to sell	—		—		(19,458)		(19,458)
Total assets held for sale	37,606		54,970		10,357		102,933
Liabilities:
Total current liabilities	274		194		3,357		3,825
Operating lease liabilities	115		—		—		115
Other liabilities	2,969		154		—		3,123
Total liabilities held for sale	3,358		348		3,357		7,063
Net assets held for sale	$	34,248	$	54,622	$	7,000	$	95,870

- Definition

Tabular disclosure of information related to a disposal group. Includes, but is not limited to, a discontinued operation, disposal classified as held-for-sale or disposed of by means other than sale or disposal of an individually significant component.

+ References

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+ Details

Summary of Significant Accounting Policies (Policies)	3 Months Ended
Summary of Significant Accounting Policies (Policies)	Mar. 31, 2026
Accounting Policies [Abstract]
Basis of Presentation	Basis of Presentation — The condensed consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America for interim financial information and with the instructions to Form 10-Q and Rule 10-01 of Regulation S-X. The interim financial statements should be read in conjunction with the audited consolidated financial statements, including the notes thereto included in our 2025 Annual Report on Form 10-K. In management's opinion, all adjustments (consisting of normal recurring accruals) necessary for a fair presentation of the interim periods have been made.
Principles of Consolidation	Principles of Consolidation — The consolidated financial statements include our accounts and those of our wholly-owned and majority-owned subsidiaries and variable interest entities ("VIEs") for which we are the primary beneficiary. We are the primary beneficiary of a VIE when we have the power to direct the activities of the VIE that most significantly impact the economic performance of the VIE and have the obligation to absorb losses or the right to receive returns that would be significant to the VIE. All intercompany transactions and account balances have been eliminated in consolidation. Investments in entities over which we have significant influence but not control are accounted for using the equity method of accounting. Income from equity method investments represents our proportionate share of net income generated by equity method investees.
Nature of Operations	Nature of Operations — We are a diverse media enterprise, serving audiences and businesses through a portfolio of local television stations and national news and entertainment networks. All of our businesses also have digital presences across online, mobile, connected television and social platforms, reaching consumers on all devices and platforms they use to consume content. Our media businesses are organized into the following reportable segments: Local Media, Scripps Networks and Other. Additional information for our segments is presented in Note 13. Segment Information.
Use of Estimates	Use of Estimates — Preparing financial statements in accordance with accounting principles generally accepted in the United States of America requires us to make a variety of decisions that affect the reported amounts and the related disclosures. Such decisions include the selection of accounting principles that reflect the economic substance of the underlying transactions and the assumptions on which to base accounting estimates. In reaching such decisions, we apply judgment based on our understanding and analysis of the relevant circumstances, including our historical experience, actuarial studies and other assumptions. Our financial statements include estimates and assumptions used in accounting for our defined benefit pension plan; the periods over which long-lived assets are depreciated or amortized; the fair value of long-lived assets, goodwill and indefinite lived assets; the liability for uncertain tax positions and valuation allowances against deferred income tax assets; the fair value of assets acquired and liabilities assumed in business combinations; and self-insured risks. While we re-evaluate our estimates and assumptions on an ongoing basis, actual results could differ from those estimated at the time of preparation of the financial statements.
Nature of Products and Services	Nature of Products and Services — The following is a description of principal activities from which we generate revenue. Core Advertising — Core advertising is comprised of sales to local and national businesses. The advertising includes a combination of broadcast spots as well as digital and connected TV advertising. Pricing of advertising time is based on audience size and share, the demographic of our audiences and the demand for our limited inventory of commercial time. Local advertising time is sold by each station's local sales staff who call upon advertising agencies and local businesses. National advertising time is generally sold by calling upon advertising agencies. Digital revenues are primarily generated from the sale of advertising to local and national customers on our business websites, tablet and mobile products, over-the-top apps and other platforms. Political Advertising — Political advertising is generally sold through our Washington, D.C. sales office. Advertising is sold to presidential, gubernatorial, U.S. Senate and House of Representative candidates, as well as for state and local issues. It is also sold to political action groups (PACs) and other advocacy groups. Distribution Revenues — We earn revenues from cable operators, satellite carriers, other multi-channel video programming distributors (collectively "MVPDs"), other online video distributors and subscribers for access rights to our local broadcast signals. These arrangements are generally governed by multi-year contracts and the fees we receive are typically based on the number of subscribers the respective distributor has in our markets and the contracted rate per subscriber.
Revenue Recognition, Cost of Revenues and Contract Balances	Revenue Recognition — Revenue is measured based on the consideration we expect to be entitled to in exchange for promised goods or services provided to customers, and excludes any amounts collected on behalf of third parties. Revenue is recognized upon transfer of control of promised products or services to customers. Advertising — Advertising revenue is recognized, net of agency commissions, over time primarily as ads are aired or impressions are delivered and any contracted audience guarantees are met. We apply the practical expedient to recognize revenue at the amount we have the right to invoice, which corresponds directly to the value a customer has received relative to our performance. For advertising sold based on audience guarantees, audience deficiency may result in an obligation to deliver additional advertisements to the customer. To the extent that we do not satisfy contracted audience ratings, we record deferred revenue until such time that the audience guarantee has been satisfied. Distribution — Our primary source of distribution revenue is from retransmission consent contracts with MVPDs. Retransmission revenues are considered licenses of functional intellectual property and are recognized at the point in time the content is transferred to the customer. MVPDs report their subscriber numbers to us generally on a 30- to 90-day lag. Prior to receiving the MVPD reporting, we record revenue based on estimates of the number of subscribers, utilizing historical levels and trends of subscribers for each MVPD. Cost of Revenues — Cost of revenues reflects the cost of providing our broadcast signals, programming and other content to respective distribution platforms. The costs captured within the cost of revenues caption include programming, content distribution, satellite transmission fees, production and operations and other direct costs. Contract Balances — Timing of revenue recognition may differ from the timing of cash collection from customers. We record a receivable when revenue is recognized prior to cash receipt, or unearned revenue when cash is collected in advance of revenue being recognized. Payment terms may vary by contract type, although our terms generally include a requirement of payment within 30 to 90 days. In instances where the timing of revenue recognition differs from the timing of invoicing, we have determined our contracts do not include a significant financing component. The primary purpose of our invoicing terms is to provide customers with simplified and predictable ways of purchasing our products and services. The allowance for doubtful accounts reflects our best estimate of probable losses inherent in the accounts receivable balance. We estimate the allowance based on expected credit losses, including our historical experience of actual losses and known troubled accounts. We record unearned revenue when cash payments are received in advance of our performance, including amounts which are refundable. We generally require amounts payable under advertising contracts with political advertising customers to be paid in advance.
Leases	Leases — We determine if an arrangement is a lease at inception. Operating leases are included in operating lease right-of-use (“ROU”) assets, other current liabilities and operating lease liabilities in our Condensed Consolidated Balance Sheets. Finance leases are included in property and equipment and other long-term liabilities in our Condensed Consolidated Balance Sheets. Lease assets represent our right to use an underlying asset for the lease term and lease liabilities represent our obligation to make lease payments arising from the lease. Lease assets and liabilities are recognized at the commencement date based on the present value of lease payments over the lease term. As the implicit rate is not readily determinable for most of our leases, we use our incremental borrowing rate when determining the present value of lease payments. The incremental borrowing rate represents an estimate of the interest rate we would incur at lease commencement to borrow an amount equal to the lease payments on a collateralized basis over the term of the lease. Our lease assets also include any payments made at or before commencement and are reduced by any lease incentives. Our lease terms may include options to extend or terminate the lease when it is reasonably certain that we will exercise that option. Operating lease expense is recognized on a straight-line basis over the lease term.
Share-Based Compensation	Share-Based Compensation — We have a Long-Term Incentive Plan (the “Plan”) which is described more fully in our 2025 Annual Report on Form 10-K. The Plan provides for the award of incentive and nonqualified stock options, stock appreciation rights, restricted stock units ("RSUs") and unrestricted Class A Common shares and performance units to key employees and non-employee directors.
Earnings Per Share ("EPS")	Earnings Per Share (“EPS”) — Unvested awards of share-based payments with non-forfeitable rights to receive dividends or dividend equivalents, such as certain of our RSUs, are considered participating securities for purposes of calculating EPS. Under the two-class method, we allocate a portion of net income to these participating securities and, therefore, exclude that income from the calculation of EPS for common stock. We do not allocate losses to the participating securities.
Recently Issued and Adopted Accounting Standards	Recently Issued Accounting Standards In September 2025, the Financial Accounting Standards Board ("FASB") issued new guidance that amends certain aspects of the accounting and disclosure requirements for internal-use software costs. The amendments in the guidance remove all references to prescriptive and sequential software development stages, and also provide criteria for when an entity is required to start capitalizing software costs. The guidance is effective for our annual periods beginning in 2028 and interim periods within those annual reporting periods, with early adoption permitted. The guidance can be applied using a prospective transition, modified transition or retrospective transition approach. We are currently evaluating the potential impact that this new guidance will have on our Consolidated Financial Statements and related disclosures. In November 2024, the FASB issued new guidance on disaggregation of income statement expenses. The guidance requires entities to disaggregate any relevant expense caption presented on the face of the income statement within continuing operations into the following required natural expense categories: (1) purchases of inventory, (2) employee compensation, (3) depreciation, (4) intangible asset amortization, and (5) depreciation, depletion and amortization recognized as part of oil-and gas-producing activities or other types of depletion expenses. Such disclosures must be made on an annual and interim basis in a tabular format in the footnotes to the financial statements. The guidance does not change the expense captions an entity presents on the face of the income statement. The guidance also provides clarification regarding identifying relevant expense captions. Furthermore, certain other expenses and gains or losses that must be disclosed under existing U.S. GAAP, and that are recorded in a relevant expense caption, must be presented in the same tabular disclosure on an annual, and, when applicable, interim basis. In addition, the guidance requires entities to disclose selling expenses on an annual and interim basis. The guidance does not define selling expenses, rather, entities will make their own determination of the composition of selling expenses and disclose the definition on an annual basis. The guidance is effective for our annual periods beginning in 2027 and interim periods beginning in the first quarter of 2028, with early adoption permitted. The guidance will be applied on a prospective basis, but retrospective application is permitted. We are currently evaluating the potential impact of adopting this new guidance on our disclosures.

Long-Term Debt

3 Months Ended

Mar. 31, 2026

Debt Disclosure [Abstract]

Long-Term Debt

Long-term debt consisted of the following:


(in thousands)	As of March 31, 2026		As of December 31, 2025

Accounts receivable securitization facility	$	322,300	$	361,100
Revolving credit facilities	20,000		—
Senior secured notes, due in January 2029	523,356		523,356

Senior secured notes, due in August 2030	750,000		750,000

Senior unsecured notes, due in January 2031	392,071		392,071

Term loan, due in June 2028	270,966		281,126
Term loan, due in November 2029	317,164		337,603



Total outstanding principal	2,595,857		2,645,256
Less: Debt issuance costs and issuance discounts	(46,956)		(50,868)
Less: Current portion	—		(8,854)
Net carrying value of long-term debt	$	2,548,901	$	2,585,534
Fair value of long-term debt *	$	2,425,947	$	2,487,833

Accounts Receivable Securitization Facility

On April 10, 2025, we entered into a three-year accounts receivable securitization facility, scheduled to terminate April 10, 2028, with aggregate commitments of up to $450 million. Under the securitization facility, we sell eligible accounts receivable balances to our wholly owned special purpose entities, Scripps SPV Midco, LLC and Scripps SPV, LLC (the “Accounts Receivable Securitization Special Purpose Subsidiaries”). The Accounts Receivable Securitization Special Purpose Subsidiaries are consolidated subsidiaries of Scripps and use the accounts receivable balances to collateralize loans obtained from financial institutions. The facility is subject to interest charges, at the one-month term secured overnight financing rate ("SOFR"), subject to a 1.00% floor with a blended spread of 3.58% based on customary assumptions. We recognized approximately $6.0 million of deferred financing costs related to the securitization facility. The securitization facility is accounted for as a collateralized financing activity, rather than a sale of assets, and therefore: (i) accounts receivable balances pledged as collateral are presented as assets and borrowings are presented as liabilities on our Condensed Consolidated Balance Sheets, (ii) our Condensed Consolidated Statements of Operations reflect the associated charges for bad debt expense related to pledged accounts receivable, as well as interest expense associated with the collateralized borrowings and (iii) receipts from customers related to the underlying accounts receivable are reflected as operating cash flows and borrowings and repayments under the collateralized loans are reflected as financing cash flows within our Condensed Consolidated Statements of Cash Flows. Scripps retains the responsibility of servicing the accounts receivable balances pledged as collateral for the securitization facility and also provides a performance guaranty. The maximum availability allowed is limited by our eligible accounts receivable balances, as defined under the terms of the securitization facility. As of March 31, 2026, the maximum availability allowed and amount outstanding under the securitization facility was $322 million. As of March 31, 2026 and December 31, 2025, the interest rate on the securitization facility was 7.25% and 7.29%, respectively.

Scripps Senior Secured Credit Agreement

Under the terms of our credit agreement, we have a revolving credit facility with aggregate commitments of up to $208 million, maturing on July 7, 2027. On April 30, 2026, we amended our credit agreement. Under the amended terms, we have a revolving credit facility with aggregate commitments of up to $200 million, maturing on July 7, 2029, and a non-extended revolving credit facility with aggregate commitments of up to $8.0 million, maturing on July 7, 2027. Commitment fees of 0.30% to 0.50% per annum, based on our leverage ratio, of the total unused commitment are payable under the revolving credit facility. For the $208 million revolving credit facility, interest is payable at a rate based on SOFR, plus a margin of 5.50%. We recognized approximately $19.6 million of deferred financing costs related to these revolving credit facilities. As of March 31, 2026, we had $20.0 million outstanding under our revolving credit facility with an interest rate of 9.29%. The weighted-average interest rate during the periods in which we had a drawn revolver balance during the three months ended March 31, 2026 and 2025 was 9.50% and 7.18%, respectively. As of March 31, 2026 and December 31, 2025, we had outstanding letters of credit totaling $8.9 million under our revolving credit facilities.

On April 10, 2025, we issued a $545 million tranche B-2 term loan ("June 2028 term loan") that matures in June 2028. Interest is currently payable on the June 2028 term loan at a rate based on SOFR, plus a margin of 5.75%. Deferred financing costs and original issuance discount totaled approximately $14.3 million with this term loan, which are being amortized over the life of the loan. As of March 31, 2026 and December 31, 2025, the interest rate on the June 2028 term loan was 9.54% and 9.60%, respectively. The weighted-average interest rate on the June 2028 term loan was 9.55% for the three months ended March 31, 2026.

On April 10, 2025, we also issued a $340 million tranche B-3 term loan ("November 2029 term loan") that matures in November 2029. Interest is currently payable on the November 2029 term loan at a rate based on SOFR, plus a margin of 3.35%. Deferred financing costs and original issuance discount totaled approximately $8.9 million with this term loan, which are being amortized over the life of the loan. As of March 31, 2026 and December 31, 2025, the interest rate on the November 2029 term loan was 7.14% and 7.20%, respectively. The weighted-average interest rate on the November 2029 term loan was 7.15% for the three months ended March 31, 2026.

On March 31, 2026, we made principal pre-payments totaling $30.6 million on our June 2028 and November 2029 term loans. With these pre-payments, we wrote-off $0.6 million of deferred financing costs to interest expense.

On April 10, 2025, we paid off the remaining $719 million balance for our term loan that was due to mature in May 2026 and paid off the remaining $541 million balance for our term loan that was due to mature in January 2028. As of March 31, 2025, the interest rate on the May 2026 term loan was 7.00%. The weighted-average interest rate on the May 2026 term loan was 7.01% for the three months ended March 31, 2025. As of March 31, 2025, the interest rate on the January 2028 term loan was 7.44%. The weighted-average interest rate on the January 2028 term loan was 7.45% for the three months ended March 31, 2025.

The credit agreement contains covenants that, among other things, limit our ability to incur additional debt and provides for restrictions on certain payments (dividends and share repurchases). Additionally, we must be in compliance with certain leverage ratios in order to proceed with acquisitions. Our credit agreement also includes a provision that in certain circumstances we must use a portion of excess cash flow to repay debt. We granted the lenders pledges of our equity interests in our subsidiaries and security interests in substantially all other personal property, including cash and equipment. The credit agreement also contains covenants to comply with a maximum first lien net leverage ratio. For the $208 million revolving credit facility, we must comply with a maximum first lien net leverage ratio of 3.50 to 1.0 through September 30, 2026, at which point it steps down to 3.25 times for the fiscal quarter ended December 31, 2026, and thereafter. As of March 31, 2026, we were in compliance with our financial covenants.

2029 Senior Secured Notes

On December 30, 2020, we issued $550 million of senior secured notes (the "2029 Senior Notes"), which bear interest at a rate of 3.875% per annum and mature on January 15, 2029. The 2029 Senior Notes were priced at 100% of par value and interest is payable semi-annually on January 15 and July 15. If we sell certain of our assets or have a change of control, the holders of the 2029 Senior Notes may require us to repurchase some or all of the notes. Our credit agreement also includes a provision that in certain circumstances we must use a portion of excess cash flow to repay debt. The 2029 Senior Notes are guaranteed by us and the majority of our subsidiaries and are secured on equal footing with the obligations under the Senior Secured Credit Agreement. The notes are secured, on a first lien basis, from pledges of equity interests in our subsidiaries and by substantially all of the existing and future assets of Scripps. The 2029 Senior Notes contain covenants with which we must comply that are typical for borrowing transactions of this nature.

We incurred approximately $13.8 million of deferred financing costs in connection with the issuance of the 2029 Senior Notes, which are being amortized over the life of the notes.

2030 Senior Secured Notes

On August 6, 2025, we issued $750 million of senior secured second lien notes (the "2030 Senior Notes"), which bear interest at a rate of 9.875% per annum and mature on August 15, 2030. The 2030 Senior Notes were priced at 99.509% of par value and interest is payable semi-annually on August 15 and February 15. We may redeem some or all of the 2030 Senior Notes before August 15, 2027 at a redemption price of 100% of the principal amount, plus accrued and unpaid interest, if any, to the redemption date plus a "make whole" premium. On and after August 15, 2027, we may redeem the notes, in whole or in part, at applicable redemption prices noted in the indenture agreement. The 2030 Senior Notes are guaranteed on a senior secured second lien basis by substantially all of our domestic subsidiaries and each existing and future material, wholly-owned domestic subsidiary, subject to certain exceptions (including with respect to permitted securitization facility related entities). The 2030 Senior Notes and the related guarantees are secured by a second priority lien on substantially all of the assets of the Company and the guarantors, subject to permitted liens and certain other exceptions. The Indenture contains covenants that, among other things and subject to certain exceptions, limit the Company’s ability and the ability of its restricted subsidiaries to incur certain additional debt, incur certain liens securing debt, pay certain dividends or make other restricted payments, make certain investments, make certain asset sales and enter into certain transactions with affiliates. The 2030 Senior Notes contain covenants with which we must comply that are typical for borrowing transactions of this nature.

We incurred approximately $27.8 million of deferred financing costs in connection with the issuance of the 2030 Senior Notes, which are being amortized over the life of the notes.

2027 Senior Unsecured Notes

On July 26, 2019, we issued $500 million of senior unsecured notes, which bore interest at a rate of 5.875% per annum and were due to mature on July 15, 2027 ("the 2027 Senior Notes").

With the debt proceeds from the August 6, 2025 issuance of the 2030 Senior Notes, we redeemed the $426 million outstanding principal amount of the 2027 Senior Notes at a weighted-average redemption price equal to 100% of the aggregate principal amount outstanding, plus accrued and unpaid interest.

2031 Senior Unsecured Notes

On December 30, 2020, we issued $500 million of senior unsecured notes (the "2031 Senior Notes"), which bear interest at a rate of 5.375% per annum and mature on January 15, 2031. The 2031 Senior Notes were priced at 100% of par value and interest is payable semi-annually on January 15 and July 15. On or after January 15, 2026 and before January 15, 2029, we may redeem the notes, in whole or in part, at applicable redemption prices noted in the indenture agreement. If we sell certain of our assets or have a change of control, the holders of the 2031 Senior Notes may require us to repurchase some or all of the notes. The 2031 Senior Notes are also guaranteed by us and the majority our subsidiaries. The 2031 Senior Notes contain covenants with which we must comply that are typical for borrowing transactions of this nature.

We incurred approximately $12.5 million of deferred financing costs in connection with the issuance of the 2031 Senior Notes, which are being amortized over the life of the notes.

Summary of Significant Accounting Policies (Tables)

3 Months Ended

Mar. 31, 2026

Accounting Policies [Abstract]

Schedule of Components of Basic and Diluted Weighted-average Shares

The following table presents information about basic and diluted weighted-average shares outstanding:


	Three Months Ended March 31,
(in thousands)		2026		2025

Numerator (for basic and diluted earnings per share)
Net loss		$	(1,790)	$	(3,455)


Less preferred stock dividends		(16,191)		(15,388)
Numerator for basic and diluted earnings per share		$	(17,981)	$	(18,843)
Denominator
Basic weighted-average shares outstanding		89,767		86,912


Effect of dilutive securities		—		—
Diluted weighted-average shares outstanding		89,767		86,912

Condensed Consolidated Statements of Comprehensive Income (Loss) (Unaudited) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2026	Mar. 31, 2025
Statement of Comprehensive Income [Abstract]
Net loss	$ (1,790)	$ (3,455)
Changes in defined benefit pension plans, net of tax of $73 and $12	249	25
Other	(21)	11
Total comprehensive income (loss) attributable to preferred and common stockholders	$ (1,562)	$ (3,419)

- Definition

+ References + Details

- Definition

The portion of profit or loss for the period, net of income taxes, which is attributable to the parent.

+ References

+ Details

Other Liabilities (Tables)

3 Months Ended

Mar. 31, 2026

Other Liabilities Disclosure [Abstract]

Schedule of Other Liabilities

Other liabilities consisted of the following:


(in thousands)	As of March 31, 2026		As of December 31, 2025

Employee compensation and benefits	$	30,527	$	30,348
Deferred FCC repack income	30,048		30,816
Programming liability	157,043		166,187
Liability for pension benefits	57,838		57,732
Liabilities for uncertain tax positions	38,770		40,227
Finance leases	31,571		31,462
Other	19,818		12,317
Other liabilities (less current portion)	$	365,615	$	369,089

Employee Benefit Plans - Schedule of Components of Employee Benefit Plan Expense (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2026	Mar. 31, 2025
Defined Benefit Plan, Net Periodic Benefit Cost (Credit) [Abstract]
Net periodic benefit cost	$ 5,285	$ 5,482
Defined benefit plans
Defined Benefit Plan, Net Periodic Benefit Cost (Credit) [Abstract]
Interest cost	5,344	5,649
Expected return on plan assets, net of expenses	(5,079)	(5,558)
Amortization of actuarial loss and prior service cost	285	4
Total for defined benefit pension plan	550	95
SERPs
Defined Benefit Plan, Net Periodic Benefit Cost (Credit) [Abstract]
Net periodic benefit cost	183	243
Defined contribution plan
Defined Benefit Plan, Net Periodic Benefit Cost (Credit) [Abstract]
Net periodic benefit cost	$ 4,552	$ 5,144

Employee Benefit Plans

3 Months Ended

Mar. 31, 2026

Retirement Benefits [Abstract]

Employee Benefit Plans

We sponsor a noncontributory defined benefit pension plan and non-qualified Supplemental Executive Retirement Plans ("SERPs"). The accrual for future benefits has been frozen in our defined benefit pension plan and SERPs.

We sponsor a defined contribution plan covering substantially all non-union and certain union employees. We match a portion of employees' voluntary contributions to this plan.

Other union-represented employees are covered by defined benefit pension plans jointly sponsored by us and the union, or by union-sponsored multi-employer plans.

The components of the employee benefit plan expense consisted of the following:


	Three Months Ended March 31,
(in thousands)		2026		2025


Interest cost		$	5,344	$	5,649
Expected return on plan assets, net of expenses		(5,079)		(5,558)

Amortization of actuarial loss and prior service cost		285		4

Total for defined benefit pension plan		550		95

SERPs		183		243
Defined contribution plan		4,552		5,144
Net periodic benefit cost		$	5,285	$	5,482

We contributed $0.3 million to fund current benefit payments for our SERPs during the three months ended March 31, 2026. During the remainder of 2026, we anticipate contributing an additional $1.0 million to fund the SERPs' benefit payments. Additionally, during the remainder of 2026, we have required pension plan contributions totaling $4.4 million.

- Definition

The entire disclosure for retirement benefits.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Topic 715
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (o)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480506/715-20-50-1

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Topic 715
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (p)
-Publisher FASB
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Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Topic 715
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (q)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480506/715-20-50-1

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+ Details