Sep 27, 2024, 12:00 AM
Sep 27, 2024, 12:00 AM

Scripps News shuts down amid national news advertising decline

Provocative
Highlights
  • E.W. Scripps will shut down its 24-hour news channel, Scripps News, on November 15, resulting in over 200 job losses.
  • Despite a growing audience, the channel faced challenges in securing major advertisers due to the current political divide in the U.S.
  • The closure highlights ongoing struggles within the TV news industry, as many organizations are experiencing declining viewership and financial difficulties.
Story

E.W. Scripps is set to close its 24-hour news channel, Scripps News, on November 15, marking a significant contraction in the television news industry. The decision was communicated to staff by Chief Executive Adam Symson, who noted that over 200 jobs would be lost as a result of the shutdown. Despite a growing audience, including 1 million viewers during a recent high-profile debate, the channel struggled to attract major advertisers due to the current polarized political climate in the United States. Symson expressed frustration over the reluctance of brands to engage with national news programming, citing the perceived risks associated with advertising in such a divisive environment. This closure reflects broader trends in the industry, as traditional television news faces declining viewership and financial challenges. Other major news organizations, including CBS, CNN, NBC, and ABC, are also expected to implement significant layoffs and budget cuts following the upcoming presidential election. While Scripps News will cease operations, the company plans to maintain live news coverage through its digital platforms and will continue to have a reporting team in Washington to support its television stations.

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