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E.W. Scripps exploring sale of Black-culture broadcast network Bounce TV - TL;DR CNBC

E.W. Scripps exploring sale of Black-culture broadcast network Bounce TV

Publishing timestamp: 2024-04-23 16:06:23


Summary

E.W. Scripps is considering selling Bounce TV, a network geared towards African Americans, for hundreds of millions of dollars. Potential buyers include Black-owned production studios and media companies. The network has seen improved ratings in recent years and could attract significant interest from buyers.


Sentiment: NEUTRAL

Tickers: SSPPARA

Keywords: business newsentertainmentbusinessbreaking news: businessmediascripps e w /de cotechnologyparamount global

Source: https://www.cnbc.com/2024/04/23/ew-scripps-exploring-sale-of-black-culture-broadcast-network-bounce-tv.html


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