Scripps to End National News Programming

E.W. Scripps Co. announced it will wind down its Scripps News operation, ceasing 24/7 national news programming and resulting in over 200 job cuts by November 15. CEO Adam Symson cited a challenging advertising environment and the inability to secure necessary revenue growth as primary reasons for the decision, noting that many advertisers view national news as 'too risky' due to the polarized political landscape. Despite this, a core team will remain to support local news operations and continue streaming and digital content. The news follows a significant decline in ad support for traditional TV networks, impacting many media organizations. Scripps News, which evolved from the Newsy network, has received multiple awards for its journalism, but financial pressures have necessitated this strategic retreat. The company's stock rose 25% following the announcement of the layoffs, indicating a mixed market reaction to its restructuring plans.