Television station group owner E.W. Scripps is shutting down its 24-hour news channel on Nov. 15, another sign of a contraction in the TV news industry.
The LA Times reports E.W. Scripps Chief Executive Adam Symson informed staff Friday of the closure of the channel known as Scripps News. More than 200 jobs will be eliminated, according to his memo.
Scripps News supplied a 24-hour feed of live coverage and documentary programming to broadcast TV stations and ad-supported streaming services such as Tubi and Pluto. The free channel also streamed on the company’s digital platforms. The service was founded as Newsy in 2015 and was a cable channel before evolving into a full-time service for TV and streaming platforms in 2021.
Symson said the audience for the Atlanta-based Scripps News channel was growing. The channel drew 1 million viewers with its coverage of the Sept. 10 debate between Vice President Kamala Harris and former President Trump, according to two people familiar with the data.
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| Adam Symson |
“Many brands and agencies have decided that advertising around national news is just too risky for them given the polarized nature of this country, no matter the accolades and credentials a news organization like Scripps receives for its objectivity,” Symson said. “I vehemently disagree, but it is hurting Scripps News, along with every other national linear and digital news outlet.”
The shutdown is the latest example of how the TV news business is struggling as it faces an exodus of viewers away from traditional television viewing. Earlier this week, CBS News announced the layoffs of a weekend morning anchor, Jeff Glor, and several prominent correspondents. CNN and the news divisions of NBC and ABC are all expected to make significant staff and salary reductions after the presidential election in November.
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