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The E.W. Scripps Company SSP Other — Impairment of goodwill
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Where this comes from
Reported directly by The E.W. Scripps Company in its filing.
Tagged under the XBRL concept us-gaap:GoodwillImpairmentLoss.
The source filing: The E.W. Scripps Company’s 10-K, filed February 27, 2026.
- Filed
- Feb 27, 2026, 2:02 PM EST
- Fiscal year
- FY2025
- Accession
- 0000832428-26-000010
| (in thousands) | Local Media | Scripps Networks | Other | Total |
|---|---|---|---|---|
| Gross balance as of December 31, 2022 | $1,122,408 | $2,028,890 | $7,190 | $3,158,488 |
| Accumulated impairment losses | (216,914) | (21,000) | — | (237,914) |
| Net balance as of December 31, 2022 | 905,494 | 2,007,890 | 7,190 | 2,920,574 |
| Impairment charge | — | (952,000) | — | (952,000) |
| Balance as of December 31, 2023 | $905,494 | $1,055,890 | $7,190 | $1,968,574 |
| Gross balance as of December 31, 2023 | $1,122,408 | $2,028,890 | $7,190 | $3,158,488 |
| Accumulated impairment losses | (216,914) | (973,000) | — | (1,189,914) |
| Net balance as of December 31, 2024 | $905,494 | $1,055,890 | $7,190 | $1,968,574 |
Item 16. Form 10-K Summary
FAQ
- What is The E.W. Scripps Company's other — impairment of goodwill?
- The E.W. Scripps Company (SSP) reported other — impairment of goodwill of $0 in Q4 2023.
- What does other — impairment of goodwill mean?
- The specific charge recognized in the current period when the carrying value of goodwill in the 'Other' segment exceeds its implied fair value. This indicates a significant decline in the expected future cash flows or strategic value of the segment's acquired businesses. It serves as a warning sign of operational or market-related challenges.
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