Just days after the company's CEO confirmed that some 270 individuals would be losing their jobs as part of a "refounding" effort, The E.W. Scripps Co. late Thursday released a Q2 earnings report that is wholly effected by a massive $1.14 billon non-cash impairment charge and primarily linked to a nearly $50 million decline in operating revenue.
The Chief U.S. District Judge overseeing the antitrust case lobbed against Nexstar and TEGNA for their regulatorily-approved merger — which he effectively blocked with a restraining order forcing a "hold separate" situation — has ruled that TEGNA's Board of Directors cannot be comprised of Nexstar C-Suite leaders.
The Fox Television Stations properties serving Orlando and the adjacent Gainesville-Ocala market have a new VP/News Director. She's a seven-year station veteran who is rising from the role of Managing Editor.
While Live Media Group assumes ownership and operation of Gravity Media's U.S. based Outside Broadcast (OB) truck fleet, Gravity Media will continue to support projects through its internationally recognized RF technology and other services, creating a comprehensive opportunity for clients operating across the states.