E. W. Scripps Company
The E. W. Scripps Company (NYSE: SSP) is an American media conglomerate founded by Edward Willis Scripps in 1922. The company is headquartered inside the Scripps Center in Cincinnati, Ohio. Its corporate motto is "Give light and the people will find their own way."
On October 16, 2007, the company announced that it would separate into two publicly traded companies: The E. W. Scripps Company (newspapers, TV stations, licensing/syndication) and Scripps Networks Interactive (NYSE: SNI), (HGTV, Food Network, DIY Network, Cooking Channel, Travel Channel and Great American Country). The transaction was completed on July 1, 2008.
On October 3, 2011 The E.W. Scripps Company announced it was purchasing the television arm of McGraw-Hill for $212 million. This purchase nearly doubles the number of Scripps stations to 19 with a combined reach of 13% of U.S. households.
Read more about E. W. Scripps Company: Scripps Newspapers, Broadcasting, National Spelling Bee, Controversy, Images
Famous quotes containing the word company:
“... possibly there is no needful occupation which is wholly unbeautiful. The beauty of work depends upon the way we meet it—whether we arm ourselves each morning to attack it as an enemy that must be vanquished before night comes, or whether we open our eyes with the sunrise to welcome it as an approaching friend who will keep us delightful company all day, and who will make us feel, at evening, that the day was well worth its fatigues.”
—Lucy Larcom (1824–1893)