E.W. Scripps Buys Katz Networks in $302M Deal

This deal adds to recent acquisitions by E.W. Scripps including:
1) Midroll — Podcasting (2015)
2) Stitcher — Podcasting (2016)
3) Newsy — OTT Network (2013)

Quote from Adam Symson — COO (and future CEO) @ E.W. Scripps.
“We are equally enthusiastic for pay television or cable, digital and over-the-air television,” he said. “We’ve gone from a period of time when consumers watched television on distinct platforms… to consumers being ambivalent in how they get to the screen. What they want is a more unified experience.”


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