10-Q

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 10-Q

þ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the quarterly period ended March 31, 2015

OR

o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the transition period from to

Commission File Number 0-16914

THE E.W. SCRIPPS COMPANY

(Exact name of registrant as specified in its charter)

Ohio (State or other jurisdiction of incorporation or organization)	31-1223339 (IRS Employer Identification Number)
312 Walnut Street Cincinnati, Ohio (Address of principal executive offices)	45202 (Zip Code)
Registrant's telephone number, including area code: (513) 977-3000
Not applicable (Former name, former address and former fiscal year, if changed since last report.)

Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days.     Yes þ No o

Indicate by check mark whether the registrant has submitted electronically and posted on its corporate Web site, if any, every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T (§ 232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files).    Yes þ No o

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller reporting company. See definition of “large accelerated filer”, “accelerated filer” and “smaller reporting company “in Rule 12b-2 of the Exchange Act.

Large accelerated filer o Accelerated filer þ Non-accelerated filer o (Do not check if a smaller reporting company) Smaller reporting company o

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Act). Yes o No þ

Indicate the number of shares outstanding of each of the issuer's classes of common stock, as of the latest practicable date. As of April 21, 2015, there were 72,253,069 of the registrant’s Class A Common shares, $.01 par value per share, outstanding and 11,932,722 of the registrant’s Common Voting shares, $.01 par value per share, outstanding.

Index to The E.W. Scripps Company Quarterly Report

on Form 10-Q for the Quarter Ended March 31, 2015

Item No.	Page
PART I - Financial Information
1. Financial Statements	3
2. Management's Discussion and Analysis of Financial Condition and Results of Operations	3
3. Quantitative and Qualitative Disclosures About Market Risk	3
4. Controls and Procedures	3
PART II - Other Information
1. Legal Proceedings	3
1A. Risk Factors	4
2. Unregistered Sales of Equity Securities and Use of Proceeds	8
3. Defaults Upon Senior Securities	8
4. Mine Safety Disclosures	8
5. Other Information	9
6. Exhibits	9
Signatures	10

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PART I

As used in this Quarterly Report on Form 10-Q, the terms “Scripps,” “Company,” “we,” “our,” or “us” may, depending on the context, refer to The E.W. Scripps Company, to one or more of its consolidated subsidiary companies, or to all of them taken as a whole.

Item 1. Financial Statements

The information required by this item is filed as part of this Form 10-Q. See Index to Financial Information at page F-1 of this Form 10-Q.

Item 2. Management's Discussion and Analysis of Financial Condition and Results of Operations

The information required by this item is filed as part of this Form 10-Q. See Index to Financial Information at page F-1 of this Form 10-Q.

Item 3. Quantitative and Qualitative Disclosures About Market Risk

The information required by this item is filed as part of this Form 10-Q. See Index to Financial Information at page F-1 of this Form 10-Q.

Item 4. Controls and Procedures

The information required by this item is filed as part of this Form 10-Q. See Index to Financial Information at page F-1 of this Form 10-Q.

PART II

Item 1. Legal Proceedings

We are involved in litigation arising in the ordinary course of business, such as defamation actions, and governmental

proceedings primarily relating to renewal of broadcast licenses, none of which is expected to result in material loss.

Scripps and members of the Board of Directors of Journal Communications, Inc. ("Journal") were defendants in a class action lawsuit filed in Circuit Court, Milwaukee County, Wisconsin (Howard Goldfinger v. Journal Communications, Inc., et al.). The plaintiff in the lawsuit alleged that the directors of Journal breached their fiduciary duties to Journal shareholders in connection with the proposed transactions between Scripps and Journal and that the other parties to the lawsuit aided and abetted such alleged breaches of fiduciary duty. On November 12, 2014, the Circuit Court entered an order dismissing this lawsuit.

On January 6, 2015, the plaintiff in the above-referenced lawsuit filed a putative class action lawsuit in the United States District Court for the Eastern District of Wisconsin (Howard Goldfinger v. Journal Communications, Inc., et al.), naming Scripps, Journal, the Board of Directors of Journal, and certain subsidiaries of Scripps and Journal as defendants. The plaintiff asserted disclosure claims under Sections 14(a) and 20(a) of the Securities Exchange Act of 1934, as well as state common law claims for breaches of fiduciary duty and aiding and abetting breaches of fiduciary duty. The complaint seeks, among other remedies, injunctive relief and damages. Prior to the shareholder meetings at which the Scripps/Journal transactions were approved, the plaintiff filed a motion for expedited discovery, and the defendants filed motions to dismiss the lawsuit. Plaintiff did not seek to enjoin the shareholder meetings or the Scripps/Journal transactions. Since the closing of the Scripps/Journal transactions, the plaintiff’s motion for expedited discovery and the defendants’ motions to dismiss the lawsuit remain pending. No further motions have been filed by either plaintiff or defendants. The court has yet to issue any orders with respect to the pending motions. Scripps believes the claims asserted are without merit and intends to continue to defend against them.

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Item 1A. Risk Factors

The risk factors disclosed in Item 1A. Risk Factors on our Annual Report on Form 10-K for the year ended December 31, 2014 are replaced in their entirety with those included below.

Risks Related to Our Businesses

We expect to derive the majority of our revenues from marketing and advertising spending by businesses, which is affected by numerous factors. Declines in advertising revenues will adversely affect the profitability of our business.

The demand for advertising on television and radio stations is sensitive to a number of factors, both locally and nationally, including the following:

• The advertising and marketing spending by customers can be subject to seasonal and cyclical variations and are likely to be adversely affected during economic downturns.

• Television advertising revenues in even-numbered years benefit from political advertising, which is affected by campaign finance laws, as well as the competitiveness of specific political races in the markets where our television and radio stations operate.

• Continued consolidation and contraction of local advertisers in our local markets could adversely impact our operating results, given that we expect the majority of our advertising to be sold to local businesses in our markets.

• Television audiences have continued to fragment in recent years as the broad distribution of cable and satellite television has greatly increased the options available to the viewing public. Continued fragmentation of television audiences could adversely impact advertising rates, which will reflect the size and demographics of the audience reached by advertisers through our media businesses.

• Television stations have significant exposure to automotive advertising. If automobile advertising declines and we are unable to secure replacement advertisers, advertising revenues could decline and affect our profitability.

If we are unable to respond to any or all of these factors, our advertising revenues could decline and affect our profitability.

Programmatic advertising models that allow advertisers to buy audiences at scale or through automated processes may begin to play a more significant role in the local television advertising marketplace, and may cause downward pricing pressure or effect our pricing resulting in a loss of revenue that could materially adversely affect broadcast operations. 

Several national advertising agencies are now looking at an automated process known as “programmatic buying” to reduce costs related to buying local TV spot advertising. Growth in advertising revenues will rely in part on the ability to maintain and expand relationships with existing and future advertisers. The implementation of a programmatic model, where automation replaces existing pricing and allocation methods, could turn local advertising inventory into a price-driven commodity, reducing the value of these relationships and related revenues. We cannot predict the pace at which programmatic buying will be adopted or utilized in the broadcast industry. Widespread adoption causing downward pricing pressure could result in a loss of revenue and materially adversely affect future broadcast operations.

The growth of direct content-to-consumer delivery channels may fragment our television audiences. This fragmentation could adversely impact advertising rates as well as a reduction in the revenues we receive from retransmission consent agreements, resulting in a loss of revenue that could materially adversely affect our television broadcast operations.

We deliver our programming to our audiences over air and through delivery by cable and satellite service providers.  Our television audience is being fragmented by the digital delivery of content directly to the consumer audience. Content providers such as ABC, NBC and HBO, and new content developers, distributors and syndicators, such as Amazon, Hulu and Netflix are now able to deliver their programing directly to consumers, “over-the-top.” The delivery of content directly to the consumer allows  them to bypass the programming we deliver, which may impact our audience size. Fragmentation of our audiences could impact the rates we receive from our advertises. In addition, fewer subscribers would also impact the rates we receive from retransmission consent agreements.

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 Widespread adaption of over-the-top by our audiences could result in a reduction of our advertising and retransmission revenues and affect our profitability.

Our local media businesses operate in a changing and increasingly competitive environment. We will have to continually invest in new business initiatives and modify strategies to maintain our competitive position. Investment in new business strategies and initiatives could disrupt our ongoing business and present risks not originally contemplated.

The profile of television and radio audiences has shifted dramatically in recent years as viewers access news and other content online or through mobile devices and as they spend more discretionary time with social media. While slow and steady declines in audiences have been somewhat offset by growing viewership on digital platforms, digital advertising rates are typically much lower than broadcast advertising rates on a cost-per-thousand basis. This audience shift results in lower profit margins. To remain competitive, we believe we must adjust business strategies and invest in new business initiatives, particularly within digital media. Development of new products and services may require significant costs. The success of these initiatives depends on a number of factors, including timely development and market acceptance. Investments we make in new strategies and initiatives may not perform as expected.

The loss of affiliation agreements could adversely affect our television stations’ operating results.

Fifteen of our stations have affiliations with the ABC television network, five with the NBC television network, two with the FOX television network, two with each of the CBS and MY television networks and one with the CW television network. These television networks produce and distribute programming which our stations commit to air at specified times. Networks sell commercial announcement time during the programming, and the "Big 4" networks, ABC, NBC, CBS and FOX, also require stations to pay fees on the right to carry programming. These fees may be a percentage of retransmission revenues that the stations receive (see below) or may be fixed amounts. There is no assurance that we will be able to reach agreements with networks about the amount of these fees.

The non-renewal or termination of our network affiliation agreements would prevent us from being able to carry programming of the relevant network. Loss of network affiliation would require us to obtain replacement programming, which may involve higher costs and may not be as attractive to target audiences, resulting in lower advertising revenues. In addition, loss of any network affiliation would result in materially lower retransmission revenue, particularly in the case of the "Big 4" networks.

Our retransmission consent revenue may be adversely affected by renewals of retransmission consent agreements and network affiliation agreements, by consolidation of cable or satellite television systems, or by new technologies for the distribution of broadcast programming.

As our retransmission consent agreements expire, there can be no assurance that we will be able to renew them at comparable or better rates. As a result, retransmission revenues could decrease and retransmission revenue growth could decline over time. Major networks that we are affiliated with require us to share retransmission revenue with them. There can be no assurance that these networks will not require an increase in their share of this revenue as a condition to renewal of our affiliation agreements. If a multichannel video programming distributor (an “MVPD”) in our markets acquires additional distribution systems, our retransmission revenue could be adversely affected if our retransmission agreement with the acquiring MVPD has lower rates or a longer term than our retransmission agreement with the MVPD whose systems are being sold.

The use of new technologies to redistribute broadcast programming, such as those that rely upon the Internet to deliver video programming or those that receive and record broadcast signals over the air via an antenna and then retransmit that information digitally to customers’ computer or mobile devices, could adversely affect our retransmission revenue if such technologies are not found to be subject to copyright law restrictions or to regulations that apply to MVPDs such as cable operators or satellite carriers.

Changes in the Communications Act of 1934, as amended (the “Communications Act”) or the FCC’s rules with respect to the negotiation of retransmission consent agreements between broadcasters and MVPDs could also adversely impact our ability to negotiate acceptable retransmission consent agreements. In addition, continued consolidation among cable television operators could adversely impact our ability to negotiate acceptable retransmission consent agreements. In May 2014, AT&T announced that it was acquiring DIRECTV, the largest direct-to-home satellite provider. This transaction remains subject to regulatory approvals of the Department of Justice and the FCC.

There are proceedings before the FCC and legislation has been proposed in Congress reexamining policies that now protect television stations' rights to control the distribution of their programming within their local service areas. For example,

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in a dispute that does not directly involve broadcasting, the FCC's Media Bureau is seeking comment on the degree to which an entity relying upon the Internet to deliver video programming should be subject to the regulations that apply to MVPDs. Should the FCC determine that Internet-based distributors may avoid its MVPD rules, broadcasters' ability to rely on the protection of the MVPD retransmission consent requirements could be jeopardized. We cannot predict the outcome of these and other proceedings that address the use of new technologies to challenge traditional means of redistributing broadcast programming or their possible impact on our operations.

Our television stations will continue to be subject to government regulations which, if revised, could adversely affect our operating results.

• Pursuant to FCC rules, local television stations must elect every three years to either (1) require cable operators and/or direct broadcast satellite carriers to carry the stations’ over the air signals or (2) enter into retransmission consent negotiations for carriage. MVPDs are pressing for legislative and regulatory changes to diminish stations’ negotiating power. At present, all of our stations have retransmission consent agreements with cable operators and satellite carriers. If our retransmission consent agreements are terminated or not renewed, or if our broadcast signals are distributed on less-favorable terms, our ability to compete effectively may be adversely affected.

• If we cannot renew our FCC broadcast licenses, our broadcast operations will be impaired. Our business will depend upon maintaining our broadcast licenses from the FCC, which has the authority to revoke licenses, not renew them, or renew them only with significant qualifications, including renewals for less than a full term. We cannot assure that future renewal applications will be approved, or that the renewals will not include conditions or qualifications that could adversely affect operations. If the FCC fails to renew any of these licenses, it could prevent us from operating the affected stations. If the FCC renews a license with substantial conditions or modifications (including renewing the license for a term of fewer than eight years), it could have a material adverse effect on the affected station’s revenue potential.

• The FCC and other government agencies are considering various proposals intended to promote consumer interests, including proposals to encourage locally-focused television programming, to restrict certain types of advertising to children, and to repurpose some of the broadcast spectrum. New government regulations affecting the television industry could raise programming costs, restrict broadcasters’ operating flexibility, reduce advertising revenues, raise the costs of delivering broadcast signals, or otherwise affect operating results. We cannot predict the nature or scope of future government regulation or its impact on our operations.

Sustained increases in costs of employee health and welfare plans and funding requirements of our pension obligations may reduce the cash available for its business.

Employee compensation and benefits account for a significant portion of our total operating expenses. In recent years, we have experienced significant increases in employee benefit costs. Various factors may continue to put upward pressure on the cost of providing medical benefits. Although we actively seek to control increases in these costs, there can be no assurance that we will succeed in limiting cost increases, and continued upward pressure could reduce the profitability of our businesses.

At December 31, 2014, the projected benefit obligations of our pension plans exceeded plan assets by $141 million and the projected benefit obligations of the Journal pension plan we assumed in the Scripps/Journal transaction exceeded plan assets by $95 million. Accrual of service credits are frozen under both defined benefit pension plans covering a majority of employees, including those covered under supplemental executive retirement plans. These pension plans invest in a variety of equity and debt securities, many of which were affected by the disruption in the credit and capital markets in 2008 and 2009. Future volatility and disruption in the stock and bond markets could cause further declines in the asset values of these plans. In addition, a decrease in the discount rate used to determine minimum funding requirements could result in increased future contributions. If either occurs, we may need to make additional pension contributions above what is currently estimated, which could reduce the cash available for our businesses.

We may be unable to effectively integrate any new business we acquire.

We may make future acquisitions and could face integration challenges and acquired businesses could significantly under-perform relative to our expectations. If acquisitions are not successfully integrated, our revenues and profitability could be adversely affected, and impairment charges may result if acquired businesses significantly under-perform relative to our expectations.

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We will continue to face cybersecurity and similar risks, which could result in the disclosure of confidential information, disruption of operations, damage to our brands and reputation, legal exposure and financial losses.

Security breaches, computer malware or other “cyber attacks” could harm our business by disrupting delivery of services, jeopardizing our confidential information and that of our vendors and clients, and damaging our reputation. Our operations are expected to routinely involve receiving, storing, processing and transmitting sensitive information. Although we monitor security measures regularly and believe we are not in a key target industry, any unauthorized intrusion, malicious software infiltration, theft of data, network disruption, denial of service, or similar act by any party could disrupt the integrity, continuity, and security of our systems or the systems of our clients or vendors. These events could create financial liability, regulatory sanction, or a loss of confidence in our ability to protect information, and adversely affect our revenue by causing the loss of current or potential clients.

We may be required to satisfy certain indemnification obligations to Journal Media Group or may not be able to collect on indemnification rights from Journal Media Group.

Under the terms of the master agreement governing the Scripps/Journal transaction, we (as successor to Journal) will indemnify Journal Media Group, and Journal Media Group will indemnify us (as successor to Journal), for all damages, liabilities and expenses resulting from a breach by the applicable party of the covenants contained in the master agreement that continue in effect after the closing. We (as successor to Journal) will indemnify Journal Media Group for all damages, liabilities and expenses incurred by it relating to the entities, assets and liabilities retained by Scripps or Journal, and Journal Media Group will indemnify us (as successor to Journal) for all damages, liabilities and expenses incurred by it relating to Journal Media Group’s entities, assets and liabilities.

In addition, we will indemnify Journal Media Group, and Journal Media Group will indemnify us, for all damages, liabilities and expenses resulting from a breach by the other of any of the representations, warranties or covenants contained in the tax matters agreements. Journal Media Group will also indemnify us for all damages, liabilities and expenses arising out of any tax imposed with respect to the Scripps newspaper spin-off if such tax is attributable to any act, any failure to act or any omission by Journal Media Group or any of its subsidiaries. We will indemnify Journal Media Group for all damages, liabilities and expenses relating to pre-closing taxes or taxes imposed on Journal Media Group or its subsidiaries because Scripps spin entity or Journal spin entity was part of the consolidated return of Scripps or Journal, and Journal Media Group will indemnify us for all damages, liabilities and expenses relating to post-closing taxes of Journal Media Group or its subsidiaries.

The indemnification obligations described above could be significant and we cannot presently determine the amount, if any, of indemnification obligations for which we will be liable or for which we will seek payment from Journal Media Group. Journal Media Group’s ability to satisfy these indemnities will depend upon future financial performance. Similarly, our ability to satisfy any such obligations to Journal Media Group will depend on their respective future financial performance. We cannot assure you that we will have the ability to satisfy any substantial obligations to Journal Media Group or that Journal Media Group will have the ability to satisfy any substantial indemnity obligations to us.

Risks Related to the Ownership of Scripps Class A Common Shares

Certain descendants of Edward W. Scripps own approximately 93% of Scripps common voting shares and are signatories to the Scripps Family Agreement, which governs the transfer and voting of common voting shares held by them.

As a result of the foregoing, these descendants have the ability to elect two-thirds of the Board of Directors and to direct the outcome of any matter on which the Ohio Revised Code (“ORC”) does not require a vote of our class A common shares. Under our articles of incorporation, holders of class A common shares vote only for the election of one-third of the Board of Directors and are not entitled to vote on any matter other than a limited number of matters expressly set forth in the ORC as requiring a separate vote of both classes of stock. Because this concentrated control could discourage others from initiating any potential merger, takeover or other change of control transaction, the market price of our class A common shares could be adversely affected.

We have the ability to issue preferred stock, which could affect the rights of holders of our class A common shares.

Our articles of incorporation allow the Board of Directors to issue and set the terms of 25 million shares of preferred stock. The terms of any such preferred stock, if issued, may adversely affect the dividend, liquidation and other rights of holders of our class A common shares.

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The public price and trading volume of our class A common shares may be volatile.

The price and trading volume of our class A common shares may be volatile and subject to fluctuation. Some of the factors that could cause fluctuation in the stock price or trading volume of class A common shares include:

• general market and economic conditions and market trends, including in the television and radio broadcast industries and the financial markets generally;

• the political, economic and social situation in the United States;

• variations in quarterly operating results;

• inability to meet revenue projections;

• announcements by us or competitors of significant acquisitions, strategic partnerships, joint ventures, capital commitments or other business developments;

• adoption of new accounting standards affecting the broadcast industry;

• operations of competitors and the performance of competitors’ common stock;

• litigation and governmental action involving or affecting us or our subsidiaries;

• changes in financial estimates and recommendations by securities analysts;

• recruitment of key personnel;

• purchases or sales of blocks of our class A common shares;

• operating and stock performance of companies that investors may consider to be comparable to us; and

• changes in the regulatory environment, including rulemaking or other actions by the FCC.

There can be no assurance that the price of our class A common shares will not fluctuate or decline significantly. The stock market in recent years has experienced considerable price and volume fluctuations that have often been unrelated or disproportionate to the operating performance of individual companies and that could adversely affect the price of our class A common shares, regardless of the company’s operating performance. Stock price volatility might be higher if the trading volume of our class A common shares is low. Furthermore, shareholders may initiate securities class action lawsuits if the market price of our class A common shares declines significantly, which may cause us to incur substantial costs and divert the time and attention of our management.

Item 2. Unregistered Sales of Equity Securities and Use of Proceeds

There were no sales of unregistered equity securities during the quarter ended March 31, 2015.

In May 2014, our Board of Directors authorized a repurchase program of up to $100 million of our Class A Common shares through December 2016. No shares have been repurchased under this program as of March 31, 2015.

Item 3. Defaults Upon Senior Securities

There were no defaults upon senior securities during the quarter ended March 31, 2015.

Item 4. Mine Safety Disclosures

None.

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Item 5. Other Information

The following table presents information on matters submitted to a vote of security holders at our May 4, 2015 Annual Meeting of Shareholders:

Descriptions of Matters Submitted	In Favor	Against	Authority Withheld
1. Election of Directors
Directors elected by holders of Class A Common Shares:
Roger L. Ogden	20,476,867	626	7,612,925
J. Marvin Quin	23,232,943	—	4,857,475
Kim Williams	19,803,231	626	8,286,561
Directors elected by holders of Common Voting Shares:
Charles L. Barmonde	11,661,485	—	—
Richard A. Boehne	11,661,485	—	—
Kelly P. Conlin	11,661,485	—	—
John W. Hayden	11,661,485	—	—
Anne M. La Dow	11,661,485	—	—
Mary McCabe Peirce	11,661,485	—	—
2. Advisory (non-binding) vote by holders of Common Voting Shares on executive compensation of named executive officers	11,661,485	—	—
3. Approve amendment to The E.W. Scripps Company 2010 Long-Term Incentive Plan	11,661,485	—	—

On May 4, 2015, the shareholders of Scripps, upon recommendation of our Board of Directors, approved an amendment and restatement of The E. W. Scripps Company 2010 Long-Term Incentive Plan (the “Amended LTIP”). A brief description of the Amended LTIP follows, but is subject to the full text of the plan included as an Appendix to the Proxy Statement of the Company dated March 23, 2015.

The Amended LTIP authorizes the grant of equity-based compensation to our key employees and non-employee directors in the form of incentive stock options, nonqualified stock options, stock appreciation rights, restricted shares, restricted share units, performance units, performance shares, dividend equivalents and other awards relating to our Class A Common Shares.

The Company has reserved 4,000,000 Class A Common Shares (“Shares”) (increased from 3,000,000 Shares), plus (i) any shares remaining available for issuance or delivery under The E. W. Scripps Company 1997 Long-Term Incentive Plan, as amended (the “1997 Plan”), as of May 13, 2010, and (ii) any shares that are subject to awards granted under the 1997 Plan that are forfeited, terminated, settled in cash or used to satisfy tax withholding obligations on or after that date.

The Amended LTIP is administered by the Compensation Committee of the Board of Directors, which has authority to, among other things: construe and interpret the Amended LTIP, select participants and the types of awards to be granted, and establish the terms and conditions of awards.

The Amended LTIP became effective as of February 24, 2015, the date of approval of the Board of Directors, and will continue in effect until February 15, 2020, unless sooner terminated by the Board of Directors. Termination will not affect grants and awards then outstanding.

On May 4, 2015, the Compensation Committee granted cash-based bonuses in the amount of $200,000 to the following named executive officers: Timothy M. Wesolowski, Brian G. Lawlor and William Appleton. These bonuses are in recognition of their extraordinary efforts in the successful completion of the merger of the Company's broadcast assets with those of Journal Communications, Inc. and the spin-off of our newspapers.

Item 6. Exhibits

The information required by this item is filed as part of this Form 10-Q. See Index to Exhibits at page E-1 of this Form 10-Q.

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Signatures

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

	THE E.W. SCRIPPS COMPANY
Dated: May 8, 2015	By:	/s/ Douglas F. Lyons
		Douglas F. Lyons
		Vice President, Controller and Treasurer
		(Principal Accounting Officer)

10

The E.W. Scripps Company

Index to Financial Information (unaudited)

Item	Page
Condensed Consolidated Balance Sheets	F-2
Condensed Consolidated Statements of Operations	F-3
Condensed Consolidated Statements of Comprehensive Loss	F-4
Condensed Consolidated Statements of Cash Flows	F-5
Condensed Consolidated Statements of Equity	F-6
Condensed Notes to Consolidated Financial Statements	F-7
Management’s Discussion and Analysis of Financial Condition and Results of Operations	F-20
Quantitative and Qualitative Disclosures About Market Risk	F-32
Controls and Procedures	F-33

F-1

The E.W. Scripps Company

Condensed Consolidated Balance Sheets (Unaudited)

(in thousands, except share data)	As of   March 31,   2015			As of   December 31,   2014
Assets
Current assets:
Cash and cash equivalents	$	159,489		$	158,459
Restricted cash	6,810			6,810
Accounts and notes receivable (less allowances - $2,239 and $2,136)	136,695			136,567
Inventory	5,831			6,183
Deferred income taxes	17,146			12,836
Miscellaneous	10,229			7,805
Total current assets	336,200			328,660
Investments	14,698			9,530
Property, plant and equipment	336,588			343,389
Goodwill	106,261			106,261
Other intangible assets	187,063			189,260
Deferred income taxes	35,936			37,946
Miscellaneous	15,780			17,685
Total Assets	$	1,032,526		$	1,032,731
Liabilities and Equity
Current liabilities:
Accounts payable	$	17,123		$	21,004
Customer deposits and unearned revenue	27,242			29,948
Current portion of long-term debt	2,000			2,000
Accrued liabilities:
Employee compensation and benefits	33,241			33,305
Miscellaneous	35,277			38,123
Other current liabilities	23,246			10,158
Total current liabilities	138,129			134,538
Long-term debt (less current portion)	195,500			196,000
Other liabilities (less current portion)	181,942			182,260
Equity:
Preferred stock, $.01 par — authorized: 25,000,000 shares; none outstanding	—			—
Common stock, $.01 par:
Class A — authorized: 240,000,000 shares; issued and outstanding: 45,868,082 and 45,062,522 shares	459			451
Voting — authorized: 60,000,000 shares; issued and outstanding: 11,932,722 and 11,932,722 shares	119			119
Total	578			570
Additional paid-in capital	526,753			525,456
Retained earnings	113,593			118,693
Accumulated other comprehensive loss, net of income taxes	(125,626		)	(126,443		)
The E.W. Scripps Company total shareholders’ equity	515,298			518,276
Noncontrolling interest	1,657			1,657
Total equity	516,955			519,933
Total Liabilities and Equity	$	1,032,526		$	1,032,731

See notes to condensed consolidated financial statements.

F-2

The E.W. Scripps Company

Condensed Consolidated Statements of Operations (Unaudited)

	Three Months Ended   March 31,
(in thousands, except per share data)	2015			2014
Operating Revenues:
Advertising	$	144,076		$	146,770
Subscriptions	31,276			32,299
Retransmission	27,918			12,474
Other	11,230			12,251
Total operating revenues	214,500			203,794
Costs and Expenses:
Employee compensation and benefits	105,149			101,749
Programs and program licenses	21,132			12,968
Newsprint, press supplies and other printing costs	10,766			12,038
Newspaper distribution	11,326			11,916
Other expenses	49,657			49,748
Defined benefit pension plan expense	2,762			1,378
Acquisition and related integration costs	6,109			262
Total costs and expenses	206,901			190,059
Depreciation, Amortization, and (Gains) Losses:
Depreciation	9,971			9,808
Amortization of intangible assets	2,196			1,921
(Gains) losses, net on disposal of property, plant and equipment	(100		)	68
Net depreciation, amortization, and (gains) losses	12,067			11,797
Operating (loss) income	(4,468		)	1,938
Interest expense	(2,052		)	(2,254		)
Miscellaneous, net	(1,324		)	(445		)
Loss from operations before income taxes	(7,844		)	(761		)
Benefit for income taxes	(2,744		)	(149		)
Net loss	(5,100		)	(612		)
Net loss attributable to noncontrolling interests	—			—
Net loss attributable to the shareholders of The E.W. Scripps Company	$	(5,100	)	$	(612	)
Net loss per basic share of common stock attributable to the shareholders of The E.W. Scripps Company	$	(0.09	)	$	(0.01	)
Net loss per diluted share of common stock attributable to the shareholders of The E.W. Scripps Company	$	(0.09	)	$	(0.01	)

See notes to condensed consolidated financial statements.

F-3

The E.W. Scripps Company

Condensed Consolidated Statements of Comprehensive Loss (Unaudited)

	Three Months Ended   March 31,
(in thousands)	2015			2014
Net loss	$	(5,100	)	$	(612	)
Changes in fair value of derivative, net of tax of $36 and $37	60			59
Changes in defined benefit pension plans, net of tax of $458 and $280	757			444
Total comprehensive loss	(4,283		)	(109		)
Less comprehensive loss attributable to noncontrolling interest	—			—
Total comprehensive loss attributable to the shareholders of The E.W. Scripps Company	$	(4,283	)	$	(109	)

See notes to condensed consolidated financial statements.

F-4

The E.W. Scripps Company

Condensed Consolidated Statements of Cash Flows (Unaudited)

	Three Months Ended   March 31,
(in thousands)	2015			2014
Cash Flows from Operating Activities:
Net loss	$	(5,100	)	$	(612	)
Adjustments to reconcile net loss to net cash flows from operating activities:
Depreciation and amortization	12,167			11,729
Deferred income taxes	(2,794		)	(304		)
Stock and deferred compensation plans	3,142			2,941
Pension expense, net of payments	2,606			1,021
Other changes in certain working capital accounts, net	(10,741		)	14,640
Miscellaneous, net	702			45
Net cash (used in) provided by operating activities	(18		)	29,460
Cash Flows from Investing Activities:
Acquisitions	—			(46,000		)
Additions to property, plant and equipment	(3,339		)	(2,584		)
Purchase of investments	(7,280		)	(153		)
Change in restricted cash	—			1,400
Miscellaneous, net	308			361
Net cash used in investing activities	(10,311		)	(46,976		)
Cash Flows from Financing Activities:
Payments on long-term debt	(500		)	(500		)
Repurchase of Class A Common shares	—			(17,828		)
Proceeds from employee stock options	4,262			6,855
Tax payments related to shares withheld for RSU vesting	(4,872		)	(3,835		)
Miscellaneous, net	12,469			(1,312		)
Net cash provided by (used in) financing activities	11,359			(16,620		)
Increase (decrease) in cash and cash equivalents	1,030			(34,136		)
Cash and cash equivalents:
Beginning of year	158,459			221,255
End of period	$	159,489		$	187,119
Supplemental Cash Flow Disclosures
Interest paid	$	1,718		$	1,972
Income taxes paid	$	557		$	367

See notes to condensed consolidated financial statements.

F-5

The E.W. Scripps Company

Condensed Consolidated Statements of Equity (Unaudited)

(in thousands, except share data)	Common Stock			Additional Paid-in Capital			Retained Earnings			Accumulated Other Comprehensive Loss			Noncontrolling Interests		Total Equity
As of December 31, 2013	$	560		$	509,243		$	116,893		$	(80,923	)	$	1,964	$	547,737
Net loss	—			—			(612		)	—			—		(612		)
Changes in defined benefit pension plans	—			—			—			444			—		444
Changes in fair value of derivative	—			—			—			59			—		59
Repurchase 988,990 Class A Common shares	(10		)	(10,469		)	(7,349		)	—			—		(17,828		)
Compensation plans: 1,065,619 net shares issued *	11			6,384			—			—			—		6,395
As of March 31, 2014	$	561		$	505,158		$	108,932		$	(80,420	)	$	1,964	$	536,195
As of December 31, 2014	$	570		$	525,456		$	118,693		$	(126,443	)	$	1,657	$	519,933
Net loss	—			—			(5,100		)	—					(5,100		)
Changes in defined benefit pension plans	—			—			—			757			—		757
Changes in fair value of derivative	—			—			—			60			—		60
Compensation plans: 805,560 net shares issued *	8			1,297			—			—			—		1,305
As of March 31, 2015	$	578		$	526,753		$	113,593		$	(125,626	)	$	1,657	$	516,955

* Net of tax payments related to shares withheld for vested stock and RSUs of $4,872 in 2015 and $3,835 in 2014.

See notes to condensed consolidated financial statements.

F-6

The E.W. Scripps Company

Condensed Notes to Consolidated Financial Statements (Unaudited)

1. Summary of Significant Accounting Policies

As used in the Condensed Notes to Consolidated Financial Statements, the terms “Scripps,” “Company,” “we,” “our,” or “us” may, depending on the context, refer to The E.W. Scripps Company, to one or more of its consolidated subsidiary companies or to all of them taken as a whole.

Basis of Presentation — The condensed consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America for interim financial information and with the instructions to Form 10-Q and Rule 10-01 of Regulation S-X. The interim financial statements should be read in conjunction with the audited consolidated financial statements, including the notes thereto included in our 2014 Annual Report on Form 10-K. In management's opinion, all adjustments (consisting of normal recurring accruals) necessary for a fair presentation of the interim periods have been made.

Results of operations are not necessarily indicative of the results that may be expected for future interim periods or for the full year.

Nature of Operations — We are a diverse media enterprise with a portfolio of television, print and digital media brands. All of our media businesses provide content and advertising services via digital platforms, including the web, smartphones and tablets. Our media businesses are organized into the following reportable business segments: television, newspapers and syndication and other. Additional information for our business segments is presented in the Condensed Notes to Consolidated Financial Statements.

Use of Estimates — Preparing financial statements in accordance with accounting principles generally accepted in the United States of America requires us to make a variety of decisions that affect the reported amounts and the related disclosures. Such decisions include the selection of accounting principles that reflect the economic substance of the underlying transactions and the assumptions on which to base accounting estimates. In reaching such decisions, we apply judgment based on our understanding and analysis of the relevant circumstances, including our historical experience, actuarial studies and other assumptions.

On April 1, 2015, we distributed our newspaper business to our shareholders in a tax-free spin-off. See Note 18 for additional information on the spin-off.

Our financial statements include estimates and assumptions used in accounting for our defined benefit pension plans; the periods over which long-lived assets are depreciated or amortized; the fair value of long-lived assets, goodwill and indefinite lived assets; the liability for uncertain tax positions and valuation allowances against deferred income tax assets; the fair value of assets acquired and liabilities assumed in business combinations; and self-insured risks.

While we re-evaluate our estimates and assumptions on an ongoing basis, actual results could differ from those estimated at the time of preparation of the financial statements.

Revenue Recognition — We recognize revenue when persuasive evidence of a sales arrangement exists, delivery occurs or services are rendered, the sales price is fixed or determinable and collectability is reasonably assured. When a sales arrangement contains multiple elements, such as the sale of advertising and other services, we allocate revenue to each element based upon its relative fair value. We report revenue net of sales and other taxes collected from our customers.

Our primary sources of revenue are from the sale of print, broadcast and digital advertising, retransmission fees received from cable operators and satellite carriers and newspaper subscription fees.

The revenue recognition policies for each source of revenue are described in our 2014 Annual Report on Form 10-K.

Share-Based Compensation — We have a Long-Term Incentive Plan (the “Plan”) which is described more fully in our Annual Report on Form 10-K for the year ended December 31, 2014. The Plan provides for the award of incentive and nonqualified stock options, stock appreciation rights, restricted stock units (RSUs), unrestricted Class A Common shares and performance units to key employees and non-employee directors.

Share-based compensation costs totaled $1.9 million and $3.3 million for the first quarter of 2015 and 2014, respectively.

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Earnings Per Share (“EPS”) — Unvested awards of share-based payments with rights to receive dividends or dividend equivalents, such as our RSUs, are considered participating securities for purposes of calculating EPS. Under the two-class method, we allocate a portion of net income to these participating securities and therefore exclude that income from the calculation of EPS for common stock. We do not allocate losses to the participating securities.

The following table presents information about basic and diluted weighted-average shares outstanding:

	Three Months Ended   March 31,
(in thousands)	2015			2014
Numerator (for basic and diluted earnings per share)
Net loss attributable to the shareholders of The E.W. Scripps Company	$	(5,100	)	$	(612	)
Less income allocated to RSUs	—			—
Numerator for basic and diluted earnings per share	$	(5,100	)	$	(612	)
Denominator
Basic weighted-average shares outstanding	57,335			56,084
Effect of dilutive securities:
Stock options held by employees and directors	—			—
Diluted weighted-average shares outstanding	57,335			56,084
Anti-dilutive securities (1)	1,728			3,985

⁽¹⁾ Amount outstanding at balance sheet date, before application of the treasury stock method and not weighted for period outstanding.

For the quarters ended March 31, 2015 and 2014, we incurred a net loss and the inclusion of RSUs and stock options held by employees and directors would have been anti-dilutive, and accordingly the diluted EPS calculation for the period excludes those common share equivalents.

Derivative Financial Instruments — It is our policy that derivative transactions are executed only to manage exposures arising in the normal course of business and not for the purpose of creating speculative positions or trading. Derivative financial instruments are utilized to manage interest rate risks. We do not hold derivative financial instruments for trading purposes. All derivatives are recorded on the balance sheet at fair value. Each derivative is designated as a cash flow hedge or remains undesignated. Changes in the fair value of derivatives that are designated and effective as cash flow hedges are recorded in other comprehensive income (loss) and reclassified to earnings when the effects of the item being hedged are recognized in earnings. These changes are offset in earnings to the extent the hedge was effective by fair value changes related to the risk being hedged on the hedged item. Changes in the fair value of undesignated hedges are recognized currently in earnings. All ineffective changes in derivative fair values are recognized currently in earnings.

All designated hedges are formally documented as to the relationship with the hedged item as well as the risk-management strategy. Both at inception and on an ongoing basis, the hedging instrument is assessed as to its effectiveness, when applicable. If and when a derivative is determined not to be highly effective as a hedge, or the underlying hedged transaction is no longer likely to occur, or the hedge designation is removed, or the derivative is terminated, the hedge accounting discussed above is discontinued.

2. Recently Adopted Standards and Issued Accounting Standards

Recently Issued Accounting Standards — In April 2014, the Financial Accounting Standards Board (FASB) issued new guidance on reporting and disclosure requirements as they relate to discontinued operations. With the new guidance, a disposal of a component or group of components of an entity is required to be reported in discontinued operations if the disposal represents a strategic shift that has or will have a major effect on an entity's operations and financial results. The amendments in this update are effective for all disposals, or classifications as held for sale, of components of an entity that occur within annual reporting periods beginning on or after December 15, 2014 and interim periods within those years.

In May 2014, the FASB issued new guidance on revenue recognition. Under this new standard, an entity shall recognize revenue when it transfers promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. The standard creates a five-step process that requires

F-8

entities to exercise judgment when considering the terms of the contract(s) and all relevant facts and circumstances. This standard permits the use of either the retrospective or cumulative effect transition method and will be effective for us beginning in 2017. Early adoption is not permitted. We are currently assessing the impact this new guidance will have on our consolidated financial statements and have not yet determined a transition method.

In August 2014, the FASB issued new guidance related to the disclosures around going concern. The new standard provides guidance around management's responsibility to evaluate whether there is substantial doubt about an entity's ability to continue as a going concern and to provide related footnote disclosures. The new standard is effective for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2016. Early adoption is permitted. The adoption of this standard is not expected to have a material impact on our consolidated financial statements.

3. Acquisitions

On June 16, 2014, we closed our acquisition of two television stations owned by Granite Broadcasting Corporation — the Detroit MyNetworkTV affiliate WMYD-TV and the Buffalo, N.Y. ABC affiliate WKBW-TV ("Acquired Granite Stations") — for $110 million in cash. The acquisition of WMYD-TV created a duopoly with our Detroit ABC affiliate WXYZ-TV.

We finalized the determination of fair values of the assets acquired and the liabilities assumed in the fourth quarter of 2014. There were no material changes in the fair values of the assets acquired and the liabilities assumed from the preliminary amounts. The following table summarizes their final fair values.

(in thousands)
Assets:
Property, plant and equipment	$	12,025
Intangible assets	53,500
Goodwill	44,715
Total assets acquired	110,240
Current liabilities	240
Net purchase price	$	110,000

Of the $54 million allocated to intangible assets, $34 million was for FCC licenses which we determined to have an indefinite life and therefore are not amortized. The remaining balance of $19 million was allocated to television network affiliation relationships and advertiser relationships with estimated amortization periods of 10 to 20 years.

The goodwill of $45 million arising from the transaction consists largely of synergies and economies of scale and other benefits of a larger broadcast footprint, as well as synergies from being able to create a duopoly in our Detroit market. We allocated the goodwill to our television segment. We treated the transaction as an asset acquisition for income tax purposes resulting in a step-up in the assets acquired. The goodwill is deductible for income tax purposes.

Pro forma results of operations, assuming the transaction had taken place at the beginning of 2013, are included in the following table. The pro forma information includes the historical results of operations of Scripps and the Acquired Granite Stations and adjustments for additional depreciation and amortization of the assets acquired. The pro forma information does not include efficiencies, cost reductions or synergies expected to result from the acquisition. The unaudited pro forma financial information is not necessarily indicative of the results that actually would have occurred had the acquisition been completed at the beginning of the period. Reported results for the three months ended March 31,2015 include the impact of the Acquired Granite Stations and therefore are not presented as pro forma results.

F-9

(in thousands, except per share data) (unaudited)	Three Months Ended   March 31, 2014
Operating revenues	$	211,158
Income from operations attributable to the shareholders of The E.W. Scripps Company	(110		)
Loss per share from operations attributable to the shareholders of The E.W. Scripps Company:
Basic	$	—
Diluted	—

On January 1, 2014 we completed our acquisition of Media Convergence Group, Inc., which operates as Newsy, a digital video news provider, for $35 million in cash, plus a working capital adjustment of $0.2 million.

We finalized the determination of fair values of the assets acquired and the liabilities assumed in the fourth quarter of 2014. There were no material changes in the fair values of the assets acquired and the liabilities assumed from the preliminary amounts. The following table summarizes their final fair values.

(in thousands)
Assets:
Accounts receivable	$	640
Other assets	74
Equipment and software	631
Intangible assets	5,900
Goodwill	28,983
Total assets acquired	36,228
Current liabilities	116
Long-term deferred liability	890
Net purchase price	$	35,222

Of the $6 million allocated to intangible assets, $4 million was allocated to customer relationships with an estimated amortization period of 5 years and the balance of $2 million was allocated to various other intangible assets.

The goodwill of $29 million arising from the transaction consists largely of the benefit we will derive from being able to enter the digital video market with an established business. We allocated the goodwill to our syndication and other segment. We treated the transaction as a purchase of stock for income tax purposes with no step-up in the assets acquired. The goodwill is not be deductible for income tax purposes. We are not presenting any pro forma results of operations since the impact of the acquisition is not material to prior year results of operations.

On September 16, 2014, we completed our acquisition of Geoterrestrial, Inc. ("WeatherSphere") for $4 million. WeatherSphere is a provider of weather-related mobile apps. The stock purchase agreement includes an earnout provision, whereby up to an additional $2.5 million may be payable over a three year period. We have estimated the fair value of the earnout to be $1.2 million. We are not presenting any pro forma results of operations since the impact of the acquisition is not material to prior periods results of operations.

4. Income Taxes

We file a consolidated federal income tax return, consolidated unitary tax returns in certain states and other separate state income tax returns for our subsidiary companies.

The income tax provision for interim periods is generally determined based upon the expected effective income tax rate for the full year and the tax rate applicable to certain discrete transactions in the interim period. To determine the annual effective income tax rate, we must estimate both the total income (loss) before income tax for the full year and the jurisdictions in which that income (loss) is subject to tax. The actual effective income tax rate for the full year may differ from these estimates if income (loss) before income tax is greater than or less than what was estimated or if the allocation of income (loss)

F-10

to jurisdictions in which it is taxed is different from the estimated allocations. We review and adjust our estimated effective income tax rate for the full year each quarter based upon our most recent estimates of income (loss) before income tax for the full year and the jurisdictions in which we expect that income will be taxed.

The effective income tax rate for the three months ended March 31,2015 and 2014 was 35.0% and 19.6%, respectively. The primary reason for the difference between these rates and the U.S. federal statutory rate of 35% is the impact of state taxes, non-deductible expenses and adjustments to reserves for uncertain tax positions (including interest).

Deferred tax assets totaled $53.1 million at March 31, 2015. Management believes that it is more likely than not that we will realize the benefits of our federal deferred tax assets and therefore has not recorded a valuation allowance for our federal deferred tax assets. If economic conditions worsen, future estimates of taxable income could be lower than our current estimates which may require valuation allowances to be recorded in future reporting periods.

We recognize state net operating loss carryforwards as deferred tax assets, subject to valuation allowances. At each balance sheet date, we estimate the amount of carryforwards that are not expected to be used prior to expiration of the carryforward period. The tax effect of the carryforwards that are not expected to be used prior to their expiration is included in the valuation allowance.

During the periods ended March 31, 2015 and 2014, deferred tax assets relating to employee share-based compensation from the vesting of RSU's and the exercise of stock options have not been recognized since we are in a net tax loss position for both periods. The additional tax benefits will be reflected as net operating loss carryforwards when we file our tax returns, but the additional tax benefits are not recorded under GAAP until the tax deduction reduces taxes payable. When the benefit is recognized, it will be recorded as additional paid-in capital. The amount of unrecognized tax deductions for the three months ended March 31,2015 and 2014 was approximately $16 million and $13 million, respectively.

5. Other Charges and Credits

Loss from operations was affected by the following:

Acquisition and related integration costs of $6.1 million for the three months endedMarch 31, 2015 include costs for spinning off our newspaper operations and merging with Journal's broadcast business.

6. Restricted Cash

At March 31, 2015 and December 31, 2014, we had $6.8 million in a restricted cash account on deposit with our insurance carrier. This account serves as collateral, in place of an irrevocable stand-by letter of credit, to provide financial assurance that we will fulfill our obligations with respect to cash requirements associated with our workers compensation self-insurance. This cash is to remain on deposit with the carrier until all claims have been paid or we provide a letter of credit in lieu of the cash deposit.

7. Goodwill and Other Intangible Assets

Goodwill by business segment was as follows:

(in thousands)	Television			Newspapers			Syndication and other		Total
Gross balance as of December 31, 2014	$	288,095		$	778,900		$	33,580	$	1,100,575
Accumulated impairment losses	(215,414		)	(778,900		)	—		(994,314		)
Net balance as of December 31, 2014	$	72,681		$	—		$	33,580	$	106,261
Gross balance as of March 31, 2015	$	288,095		$	778,900		$	33,580	$	1,100,575
Accumulated impairment losses	(215,414		)	(778,900		)	—		(994,314		)
Net balance as of March 31, 2015	$	72,681		$	—		$	33,580	$	106,261

F-11

Other intangible assets consisted of the following:

(in thousands)	As of   March 31,   2015			As of   December 31,   2014
Amortizable intangible assets:
Carrying amount:
Television network affiliation relationships	$	93,944		$	93,944
Customer lists and advertiser relationships	30,404			30,404
Other	5,761			5,761
Total carrying amount	130,109			130,109
Accumulated amortization:
Television network affiliation relationships	(15,268		)	(14,092		)
Customer lists and advertiser relationships	(17,068		)	(16,416		)
Other	(2,925		)	(2,556		)
Total accumulated amortization	(35,261		)	(33,064		)
Net amortizable intangible assets	94,848			97,045
Other indefinite-lived intangible assets — FCC licenses	92,215			92,215
Total other intangible assets	$	187,063		$	189,260

Estimated amortization expense of intangible assets for each of the next five years is $6.8 million for the remainder of 2015, $9.0 million in 2016, $6.5 million in 2017, $6.5 million in 2018, $5.5 million in 2019, $5.5 million in 2020, and $55.0 million in later years.

8. Long-Term Debt

Long-term debt consisted of the following:

(in thousands)	As of   March 31,   2015		As of   December 31,   2014
Variable rate credit facility	$	—	$	—
Term loan	197,500		198,000
Long-term debt	197,500		198,000
Current portion of long-term debt	2,000		2,000
Long-term debt (less current portion)	$	195,500	$	196,000
Fair value of long-term debt *	$	197,500	$	194,000

* Fair value of the term loan was estimated based on quoted private market transactions and is classified as Level 1 in the fair value hierarchy.

We have a $275 million revolving credit and term loan agreement (“Financing Agreement”). The Financing Agreement includes a $200 million term loan B maturing in November 2020 and a $75 million revolving credit facility maturing in November 2018.

The Financing Agreement includes the maintenance of a net leverage ratio if we borrow more than 20% on the revolving credit facility. The term loan B requires that if we borrow additional amounts or make a permitted acquisition that we cannot exceed a stated net leverage ratio on a pro forma basis at the date of the transaction.

Interest is payable on the term loan B at rates based on LIBOR with a 0.75% floor, plus a fixed margin of 2.50%. Interest is payable on the revolving credit facility at rates based on LIBOR plus a margin based on our leverage ratio ranging from 2.25% to 2.75%. As of March 31, 2015 and December 31, 2014, the interest rate was 3.25% on the term loan B. The Financing Agreement also includes a provision that in certain circumstances we must use a portion of excess cash flow to repay debt. As of March 31, 2015, we were not required to make additional principal payments based on excess cash flow. The weighted-average interest rate on borrowings was 3.25% for the three months ended March 31,2015 and 2014, respectively.

Scheduled principal payments on long-term debt at March 31, 2015 are: $1.5 million for the remainder of 2015, $2.0 million in 2016, $2.0 million in 2017, $2.0 million in 2018, $2.0 million in 2019 and $188.0 million in 2020.

Under the terms of the Financing Agreement, we granted the lenders mortgages on certain of our real property, pledges of our equity interests in our subsidiaries and security interests in substantially all other personal property including cash, accounts receivables, inventories and equipment.

The Financing Agreement allows us to make restricted payments (dividends and share repurchases) up to $50 million plus additional amounts based on our financial results and condition. We can also make additional stock repurchases equal to the amount of proceeds that we receive from the exercise of stock options held by our employees. Additionally, we can make acquisitions as long as the pro forma net leverage ratio is less than 4.5 to 1.0.

Commitment fees of 0.30% to 0.50% per annum, based on our leverage ratio, of the total unused commitment are payable under the revolving credit facility.

As of March 31, 2015 and December 31, 2014, we had outstanding letters of credit totaling $0.2 million.

9. Financial Instruments

We are exposed to various market risks, including changes in interest rates. To manage risks associated with the volatility of changes in interest rates, we may enter into interest rate management instruments.

We may utilize interest rate swaps to manage our interest expense exposure by fixing our interest rate on portions of our floating rate term loan. We have entered into a $75 million notional value interest rate swap expiring in December 2016 which provides for a fixed interest rate of 1.08%. We did not provide or receive any collateral for this contract. The fair value of this financial derivative, which was designated as and qualified as a cash flow hedge through November 2013, is determined using the market standard methodology of netting the discounted future fixed cash receipts (or payments) and the discounted expected variable cash payments (or receipts). The variable cash payments (or receipts) are based on the expectation of future interest rates (forward curves) derived from observed market interest rate curves and implied volatilities. In addition, credit valuation adjustments, which consider the impact of any credit enhancements to the contracts, are incorporated in the fair values to account for potential nonperformance risk.

Fair Value of Derivative Instruments

The notional amounts and fair values of derivative instruments are shown in the table below:

	As of March 31, 2015						As of December 31, 2014
	Notional amount		Fair value				Notional amount		Fair value
(in thousands)			Asset		Liability (1)				Asset		Liability (1)
Undesignated derivatives:
Interest rate swap	$	75,000	$	—	$	645	$	75,000	$	—	$	471

⁽¹⁾ Balance recorded as other liabilities in Condensed Consolidated Balance Sheets

Through November 2013, the above derivative instrument was designated as and qualified as a cash flow hedge and the effective portion of the unrealized gains and losses on the derivative was reported as a component of accumulated other comprehensive loss and reclassified into earnings in the periods during which the hedged transactions affected earnings. Upon refinancing our term loan in November 2013, this hedge no longer qualified as a cash flow hedge and gains and losses on the derivative are recorded in current period earnings. The balance in accumulated other comprehensive loss at the date of discontinuance of hedge accounting is being amortized into earnings on a straight-line basis through December 2016. For the period ended March 31, 2015, approximately $0.1 million was amortized into earnings from accumulated other comprehensive loss and is included in the table below as amounts reclassified from accumulated OCL, gain/(loss).

F-12

	Three Months Ended   March 31,
(in thousands)	2015		2014
Amounts reclassified from accumulated OCL, gain/(loss)	96		96
Gain/(loss) on derivative	(174	)	49

10. Fair Value Measurement

We measure certain financial assets and liabilities at fair value on a recurring basis, such as cash equivalents and derivatives. The fair value of these financial assets and liabilities was determined based on three levels of inputs, of which the first two are considered observable and the last unobservable, that may be used to measure fair value. These levels of input are as follows:

• Level 1 — Quoted prices in active markets for identical assets or liabilities.

• Level 2 — Inputs, other than quoted market prices in active markets, that are observable either directly or indirectly.

• Level 3 — Unobservable inputs based on our own assumptions.

The following tables set forth our assets and liabilities that are measured at fair value on a recurring basis at March 31, 2015 and December 31, 2014:

	As of March 31, 2015
(in thousands)	Total			Level 1		Level 2			Level 3
Assets/(Liabilities):
Cash equivalents	$	10,000		$	10,000	$	—		$	—
Interest rate swap	(645		)	—		(645		)	—

	As of December 31, 2014
(in thousands)	Total			Level 1		Level 2			Level 3
Assets/(Liabilities):
Cash equivalents	$	10,000		$	10,000	$	—		$	—
Interest rate swap	(471		)	—		(471		)	—

11. Other Liabilities

Other liabilities consisted of the following:

(in thousands)	As of   March 31,   2015		As of   December 31,   2014
Employee compensation and benefits	$	20,555	$	19,537
Liability for pension benefits	140,694		139,789
Liabilities for uncertain tax positions	6,791		6,741
Other	13,902		16,193
Other liabilities (less current portion)	$	181,942	$	182,260

12. Noncontrolling Interests

Individuals and other entities own a 4% noncontrolling interest in the capital stock of the subsidiary company that publishes our Memphis newspaper and a 6% noncontrolling interest in the capital stock of the subsidiary company that publishes our Evansville newspaper. We are not required to redeem the noncontrolling interests in these subsidiary companies.

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13. Supplemental Cash Flow Information

The following table presents additional information about the change in certain working capital accounts:

	Three Months Ended   March 31,
(in thousands)	2015			2014
Other changes in certain working capital accounts, net
Accounts and notes receivable	$	(128	)	$	15,433
Accounts payable	(3,881		)	(1,829		)
Accrued employee compensation and benefits	(64		)	1,667
Other accrued liabilities	(2,237		)	(432		)
Other, net	(4,431		)	(199		)
Total	$	(10,741	)	$	14,640

14. Employee Benefit Plans

We sponsor various noncontributory defined benefit pension plans covering substantially all full-time employees that began employment prior to June 30, 2008. Benefits earned by employees are generally based upon employee compensation and years of service credits. We also have a non-qualified Supplemental Executive Retirement Plan ("SERP"). Effective June 30, 2009, we froze the accrual of benefits under our defined benefit pension plans and our SERP that cover the majority of our employees.

We sponsor a defined contribution plan covering substantially all non-union and certain union employees. We match a portion of employees' voluntary contributions to this plan. In connection with freezing the accrual of service credits under certain of our defined benefit pension plans, we began contributing additional amounts (referred to as transition credits) to certain employees' defined contribution retirement accounts in 2011. These transition credits, which will be made through the end of 2015, are determined based upon the employee’s age, compensation and years of service.

Other union-represented employees are covered by defined benefit pension plans jointly sponsored by us and the union, or by union-sponsored multi-employer plans.

The components of the expense consisted of the following:

	Three Months Ended   March 31,
(in thousands)	2015			2014
Service cost	$	—		$	21
Interest cost	6,449			6,278
Expected return on plan assets, net of expenses	(5,085		)	(5,859		)
Amortization of actuarial loss	1,132			642
Total for defined benefit plans	2,496			1,082
Multi-employer plans	59			119
SERP	266			296
Defined contribution plans	3,351			3,160
Net periodic benefit cost	$	6,172		$	4,657

We contributed $0.1 million to fund current benefit payments for our SERP during the three months ended March 31, 2015. We anticipate contributing an additional $1.4 million to fund the SERP’s benefit payments during the remainder of 2015. No contributions were made to our defined benefit pension plans during the first three months of 2015.

We participate in multi-employer pension plans that cover certain employees that are members of unions or trade associations that have a collective bargaining agreement with us. In 2014, unions ratified our plan to withdraw from the Graphics Communication International Union (GCIU) Employer Retirement Fund. Upon ratification of the agreement, we estimated the undiscounted liability to be approximately $6.5 million and recorded a liability of $4.1 million in 2014 for the

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present value withdrawal liability. Once we reach a final agreement with the GCIU, we either will pay the liability in a lump sum or make equal monthly installments over 20 years.

15. Segment Information

We determine our business segments based upon our management and internal reporting structure. Our reportable segments are strategic businesses that offer different products and services.

Our television segment includes 11 ABC affiliates, three NBC affiliates and two independent stations, which we operate as duopolies with our Kansas City NBC affiliate and our Detroit ABC affiliate. We also own five Azteca America affiliates. Our television stations reach approximately 14% of the nation’s households. Television stations earn revenue primarily from the sale of advertising time to local and national advertisers and retransmission fees received from cable operators and satellite carriers.

Our newspaper segment includes daily and community newspapers in 13 markets across the United States. Newspapers earn revenue primarily from the sale of advertising space to local and national advertisers and newspaper subscription fees.

Syndication and other primarily includes certain digital operations outside of our television and newspaper markets and syndication of news features and comics and other features for the newspaper industry. Newsy, a digital video news service, and WeatherSphere, a provider of weather-related mobile apps, are also included in syndication and other.

We allocate a portion of certain corporate costs and expenses, including information technology, certain employee benefits, digital operation services and other shared services, to our business segments. The allocations are generally amounts agreed upon by management, which may differ from an arms-length amount. Corporate assets are primarily cash and cash equivalents, restricted cash, property and equipment primarily used for corporate purposes, and deferred income taxes. A portion of our digital operations, which is not allocated to our television and newspaper segments, is included in shared services and corporate.

Our chief operating decision maker evaluates the operating performance of our business segments and makes decisions about the allocation of resources to our business segments using a measure called segment profit. Segment profit excludes interest, defined benefit pension plan expense (other than current service cost), income taxes, depreciation and amortization, impairment charges, divested operating units, restructuring activities, investment results and certain other items that are included in net income (loss) determined in accordance with accounting principles generally accepted in the United States of America.

Beginning in the second quarter of 2015, we will report the following segments: television, radio, digital and syndication and other.

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Information regarding our business segments is as follows:

	Three Months Ended   March 31,
(in thousands)	2015			2014
Segment operating revenues:
Television	$	119,538		$	102,142
Newspapers	91,478			98,490
Syndication and other	3,484			3,162
Total operating revenues	$	214,500		$	203,794
Segment profit (loss):
Television	$	22,202		$	20,972
Newspapers	9,075			8,549
Syndication and other	(243		)	212
Shared services and corporate	(14,564		)	(14,358		)
Defined benefit pension plan expense	(2,762		)	(1,378		)
Acquisition and related integration costs	(6,109		)	(262		)
Depreciation and amortization of intangibles	(12,167		)	(11,729		)
Gains (losses), net on disposal of property, plant and equipment	100			(68		)
Interest expense	(2,052		)	(2,254		)
Miscellaneous, net	(1,324		)	(445		)
Loss from operations before income taxes	$	(7,844	)	$	(761	)
Depreciation:
Television	$	5,386		$	5,111
Newspapers	3,784			3,987
Syndication and other	184			98
Shared services and corporate	617			612
Total depreciation	$	9,971		$	9,808
Amortization of intangibles:
Television	$	1,888		$	1,599
Newspapers	88			118
Syndication and other	220			204
Total amortization of intangibles	$	2,196		$	1,921
Additions to property, plant and equipment:
Television	$	1,941		$	1,732
Newspapers	1,034			219
Syndication and other	85			28
Shared services and corporate	279			605
Total additions to property, plant and equipment	$	3,339		$	2,584

No single customer provides more than 10% of our revenue.

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16. Capital Stock

Capital Stock — We have two classes of common shares, Common Voting shares and Class A Common shares. The Class A Common shares are only entitled to vote on the election of the greater of three or one-third of the directors and other matters as required by Ohio law.

Share Repurchase Plan — In May 2014, our Board of Directors authorized a new repurchase program of up to $100 million of our Class A Common shares through December 2016. Shares may be repurchased from time to time at management's discretion, either in the open market, through pre-arranged trading plans or in privately negotiated block transactions. No shares have been repurchased under this program as of March 31, 2015. With the closing of the merger with Journal Communications, the company can begin repurchasing shares on May 12, 2015.

Options Outstanding— Information about options outstanding and options exercisable by year of grant as of March 31, 2015 is as follows:

			Options Outstanding and Exercisable
Year of Grant	Range of Exercise Prices	Average Remaining Term (in years)	Options on Shares Outstanding	Weighted Average Exercise Price		Aggregate Intrinsic Value (in millions)
2006 – expire in 2016	$10	1.10	32,861	9.96		$	0.6
2007 – expire in 2017	9	2.07	32,861	9.24		0.6
2008 – expire in 2018	7-10	3.04	1,198,618	8.60		23.8
Total	$7-10	2.96	1,264,340	$	8.65	$	25.0

17. Accumulated Other Comprehensive Loss

Changes in accumulated other comprehensive loss ("AOCL") by component, including items reclassified out of AOCL, were as follows:

	Three Months Ended March 31, 2015
(in thousands)	Gains and Losses on Derivatives			Defined Benefit Pension Items			Other			Total
Beginning balance, December 31, 2014	$	(479	)	$	(125,877	)	$	(87	)	$	(126,443	)
Other comprehensive income before reclassifications	—			—			—			—
Amounts reclassified from accumulated other   comprehensive loss
Interest rate swap, net of tax of $36 (a)	60			—			—			60
Actuarial loss, net of tax of $458 (b)	—			757			—			757
Net current-period other comprehensive income	60			757			—			817
Ending balance, March 31, 2015	$	(419	)	$	(125,120	)	$	(87	)	$	(125,626	)

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	Three Months Ended March 31, 2014
(in thousands)	Gains and Losses on Derivatives			Defined Benefit Pension Items			Other		Total
Beginning balance, December 31, 2013	$	(718	)	$	(80,377	)	$	172	$	(80,923	)
Other comprehensive income before reclassifications	—			—			—		—
Amounts reclassified from accumulated other   comprehensive loss
Interest rate swap, net of tax of $37 (a)	59			—			—		59
Actuarial loss, net of tax of $280 (b)	—			444			—		444
Net current-period other comprehensive income	59			444			—		503
Ending balance, March 31, 2014	$	(659	)	$	(79,933	)	$	172	$	(80,420	)

^(a) Interest rate swap is included in interest expense in the Condensed Consolidated Statements of Operations

^(b) Actuarial loss is included in defined benefit pension plan expense in the Condensed Consolidated Statements of Operations

18. Journal Broadcast Merger and Newspaper Spin-off

On July 30, 2014, Scripps and Journal Communications, Inc. ("Journal") agreed to merge their broadcast operations and spin-off their newspaper businesses and combine them into a separate publicly traded company. On April 1, 2015, Scripps and Journal separated their respective newspaper businesses and merged them, resulting in each becoming a wholly owned subsidiary of Journal Media Group, Inc. Journal Media Group is headquarted in Milwaukee and combines the 13 Scripps newspapers with Journal's Milwaukee Journal Sentinel. The company has approximately 3,600 employees. Journal's broadcast business was then merged with Scripps.

The merged broadcast and digital media company, based in Cincinnati, retains The E.W. Scripps Company name and continues to be controlled by the Scripps family. The company’s television operations, following the close of the transactions, reaches approximately 18% of all U.S. households and has approximately 4,000 employees across its television, radio and digital media operations.

Due to the limited time since we closed the Journal acquisition, we have not yet completed the initial acquisition accounting for the transaction, including the determination of the final purchase price, and the determination of the fair values of the assets acquired and the liabilities assumed. We will complete the initial preliminary purchase price allocation in the second quarter and it will be reflected in our June 30, 2015 financial statements. The results of operations of the acquired business will be included in our results from April 1, 2015, the date of acquisition.

In order to carry out the transactions, we expect to incur $30 to $35 million in costs, of which we have incurred approximately $16 million through March 31, 2015. With the Journal transactions, we assumed Journal's outstanding liabilities upon closing, including employee benefit obligations ($95 million as of December 31, 2014).

As part of the transactions, Scripps shareholders received a $60 million special cash dividend on April 1, 2015.

On April 1, 2015, we entered into a Second Amended and Restated Revolving Credit and Term Loan Agreement ("New Financing Agreement") which amends and restates the Amended Revolving Credit and Term Loan Agreement dated November 26, 2013. The New Financing Agreement includes an incremental $200 million term loan, which is due November 2020. It also increased the revolving credit facility by $25 million to $100 million, which is due November 2018. The proceeds from the incremental $200 million loan were used to pay off the $116 million existing Journal term loan, fund the $60 million special cash dividend for Scripps shareholders and pay for transaction expenses.

Upon completion of the spin-off of our Newspaper business, generally accepted accounting principles (“GAAP”) requires us to assess impairment of the newspaper business long-lived assets using the held-and-used model. Under this model, if the expected cash flows over the life of the primary asset of the reporting unit are in excess of the carrying amount, then there is no impairment. Under this model no impairment charges were recorded at March 31, 2015. At the date of the spin-off of our newspaper business, GAAP requires us to assess impairment using the held-for-sale model. This model compares the fair value of the disposal unit to its carrying value and if the fair value is lower, then an impairment loss is recorded. Our preliminary

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analysis indicates that as of April 1, 2015 there would be a non cash impairment loss on disposal of the newspaper business of up to $30 million. Under GAAP, the impairment loss from applying the held-for sale model cannot be recorded until the date of the spin-off, April 1, 2015 and will be included as a component of discontinued operations.

19. Contingencies

We are involved in litigation arising in the ordinary course of business, such as defamation actions, and governmental

proceedings primarily relating to renewal of broadcast licenses, none of which is expected to result in material loss.

Scripps and members of the Board of Directors of Journal Communications, Inc. ("Journal") were defendants in a class action lawsuit filed in Circuit Court, Milwaukee County, Wisconsin (Howard Goldfinger v. Journal Communications, Inc., et al.). The plaintiff in the lawsuit alleged that the directors of Journal breached their fiduciary duties to Journal shareholders in connection with the proposed transactions between Scripps and Journal and that the other parties to the lawsuit aided and abetted such alleged breaches of fiduciary duty. On November 12, 2014, the Circuit Court entered an order dismissing this lawsuit.

On January 6, 2015, the plaintiff in the above-referenced lawsuit filed a putative class action lawsuit in the United States District Court for the Eastern District of Wisconsin (Howard Goldfinger v. Journal Communications, Inc., et al.), naming Scripps, Journal, the Board of Directors of Journal, and certain subsidiaries of Scripps and Journal as defendants. The plaintiff asserted disclosure claims under Sections 14(a) and 20(a) of the Securities Exchange Act of 1934, as well as state common law claims for breaches of fiduciary duty and aiding and abetting breaches of fiduciary duty. The complaint seeks, among other remedies, injunctive relief and damages. Prior to the shareholder meetings at which the Scripps/Journal transactions were approved, the plaintiff filed a motion for expedited discovery, and the defendants filed motions to dismiss the lawsuit. Plaintiff did not seek to enjoin the shareholder meetings or the Scripps/Journal transactions. Since the closing of the Scripps/Journal transactions, the plaintiff’s motion for expedited discovery and the defendants’ motions to dismiss the lawsuit remain pending. No further motions have been filed by either plaintiff or defendants. The court has yet to issue any orders with respect to the pending motions. Scripps believes the claims asserted are without merit and intends to continue to defend against them.

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Management’s Discussion and Analysis of Financial Condition and Results of Operations

This discussion and analysis of financial condition and results of operations is based upon the Condensed Consolidated Financial Statements and the Condensed Notes to Consolidated Financial Statements. You should read this discussion in conjunction with those financial statements.

Forward-Looking Statements

Certain forward-looking statements related to our businesses are included in this discussion. Those forward-looking statements reflect our current expectations. Forward-looking statements are subject to certain risks, trends and uncertainties that could cause actual results to differ materially from the expectations expressed in the forward-looking statements. Such risks, trends and uncertainties, which in most instances are beyond our control, include changes in advertising demand and other economic conditions; consumers’ tastes; program costs; labor relations; technological developments; competitive pressures; interest rates; regulatory rulings; and reliance on third-party vendors for various products and services. The words “believe,” “expect,” “anticipate,” “estimate,” “intend” and similar expressions identify forward-looking statements. You should evaluate our forward-looking statements, which are as of the date of this filing, with the understanding of their inherent uncertainty. We undertake no obligation to update any forward-looking statements to reflect events or circumstances after the date the statement is made.

Executive Overview

The E.W. Scripps Company (“Scripps”) is a diverse media enterprise with interests in television stations and local and national digital media sites. We serve audiences and businesses through a growing portfolio of television and digital media brands. We also operate an expanding collection of local and national digital journalism and information businesses including digital video news service Newsy and weather app developer WeatherSphere. We also produce television programming, run an award-winning investigative reporting newsroom in Washington, D.C., and serve as the longtime steward of the nation's largest, most successful and longest-running educational programs, the Scripps National Spelling Bee.

On July 30, 2014, Scripps and Journal Communications, Inc. ("Journal") agreed to merge their broadcast operations and spin-off their newspaper businesses into a separate publicly traded company. The transactions closed on April 1, 2015. Upon completion of the transactions, Scripps shareholders received 0.25 shares of common stock of Journal Media Group for each share of Scripps stock. A $60 million special cash dividend, which was approximately $1.00 per share, was also paid to the Scripps shareholders. Journal shareholders received 0.195 shares of common stock of Journal Media Group and 0.5176 class A common shares of Scripps for each share of Journal stock.

Journal Media Group combined the 13 Scripps newspapers with Journal's Milwaukee Journal Sentinel. JMG has approximately 3,600 employees and is headquartered in Milwaukee. Scripps Newspapers operations are included in our operating results for the quarters ended March 31, 2015 and 2014. In accordance with Generally Accepted Accounting Principals, the results of the newspaper operations will be presented as discontinued operations in the second quarter of 2015, when the spin-off was completed.

The merged broadcast operations, which retain The E.W. Scripps Company name, reach approximately 18% of all U.S. households serving 27 markets. The company has approximately 4,000 employees across its television, radio and digital media operations. After the deal closed, Scripps became the fifth-largest independent television station group in the country and one of the largest owners of ABC-affiliated TV stations in the country by market reach with 15 ABC affiliates. The merger enhances our national broadcast footprint and expands our affiliations to all of the big four networks.

The merger with the Journal broadcast business further leverages Scripps' digital investments, adding large and attractive markets to the portfolio. The company is expecting to build and launch market-leading digital brands that serve growing digital media audiences in addition to supporting the on-air local news brands. Further, the company expects to benefit from the new geographic markets with the national reach of digital brands, such as Newsy and WeatherSphere.

Prior to the spin-off of our newspaper business effective April 1, 2015, we also had interest in daily newspapers in 13 markets across the United States.

Upon completion of the spin-off of our Newspaper business, generally accepted accounting principles (“GAAP”) requires us to assess impairment of the newspaper business long-lived assets using the held-and-used model. Under this model, if the expected cash flows over the life-of the primary asset of the reporting unit are in excess of the carrying amount, then there is no impairment. Under this model no impairment charges were recorded at March 31, 2015. At the date of the spin-off of our

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newspaper business, GAAP requires us to assess impairment using the held-for-sale model. This model compares the fair value of the disposal unit to its carrying value and if the fair value is lower, then an impairment loss is recorded. Our preliminary analysis indicates that as of April 1, 2015 there would be a non cash impairment loss on disposal of the newspaper business of up to $30 million. Under GAAP, the impairment loss from applying the held-for sale model cannot be recorded until the date of the spin-off, April 1, 2015 and would be included in discontinued operations.

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Results of Operations

The trends and underlying economic conditions affecting the operating performance and future prospects differ for each of our business segments. Accordingly, you should read the following discussion of our consolidated results of operations in conjunction with the discussion of the operating performance of our business segments that follows.

Consolidated Results of Operations

Consolidated results of operations were as follows:

	Three Months Ended March 31,
(in thousands)	2015			Change		2014
Operating revenues	$	214,500		5.3	%	$	203,794
Employee compensation and benefits	(105,149		)	3.3	%	(101,749		)
Programs and program licenses	(21,132		)	63.0	%	(12,968		)
Newsprint, press supplies and other printing costs	(10,766		)	(10.6	)%	(12,038		)
Newspaper distribution	(11,326		)	(5.0	)%	(11,916		)
Other expenses	(49,657		)	(0.2	)%	(49,748		)
Defined benefit pension plan expense	(2,762		)			(1,378		)
Acquisition and related integration costs	(6,109		)			(262		)
Depreciation and amortization of intangibles	(12,167		)			(11,729		)
Gains (losses), net on disposal of property, plant and equipment	100					(68		)
Operating (loss) income	(4,468		)			1,938
Interest expense	(2,052		)			(2,254		)
Miscellaneous, net	(1,324		)			(445		)
Loss from operations before income taxes	(7,844		)			(761		)
Benefit for income taxes	2,744					149
Net loss	(5,100		)			(612		)
Net loss attributable to noncontrolling interests	—					—
Net loss attributable to the shareholders of The E.W. Scripps Company	$	(5,100	)			$	(612	)

The Company completed its acquisition of the two Granite television stations on June 16, 2014. The inclusion of operating results from these stations for the period subsequent to the acquisition impacts the comparability of our consolidated and television division operating results.

Operating revenues increased 5.3% in the first quarter of 2015 compared to 2014. Television revenues increased 17% in the first quarter of 2015 on an as reported basis, primarily driven by an increase in retransmission revenues from the impact of renewed contracts and annual rate increases. The acquired Granite television stations accounted for 6 percentage points of the increase in our television segment revenues. Newspaper revenues declined 7.1% compared to prior year as advertising and marketing services revenues decreased as a result of continued secular changes in the demand for print advertising.

In 2014, we completed negotiations with satellite and cable television systems covering more than one-third of our subscribers and our 2015 results reflect the renewal of those agreements. The increased rates and contractual rate increases in existing agreements resulted in retransmission revenues more than doubling for the 2015 quarter compared to 2014. The 2015 quarter also includes approximately $1.6 million in prior year retransmission revenues received upon completion of the agreement in 2015.

Employee compensation and benefits increased 3.3% in the first quarter of 2015. Employee compensation and benefits associated with supporting our digital operations increased costs by approximately $0.8 million for the 2015 quarter, while employee related costs in our newspaper segment were down due to lower employment levels. The impact of the acquisition of two Granite television stations on employee compensation and benefits was $2.3 million for the three months ended March 31, 2015.

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Programs and program licenses increased by 63%for the three months ended March 31, 2015 compared to the 2014 quarter primarily due to higher network fees.

Newsprint, press supplies and other printing costs declined by approximately 11% for the quarter primarily due to lower expenditures for newsprint. Average newsprint prices were flat, while newsprint consumption decreased 13% for the three months ended March 31, 2015.

Newspaper distribution costs decreased as a result of lower net paid circulation levels. A large portion of our distribution costs are variable and increase or decrease in relation to our circulation levels.

Other expenses include the following:

	Three Months Ended March 31,
(in thousands)	2015		Change		2014
Facilities rent and maintenance	$	10,529	2.9	%	$	10,232
Purchased news and content	3,544		(3.3	)%	3,664
Marketing and promotion	3,498		15.3	%	3,034
Miscellaneous costs	32,086		(2.2	)%	32,818
Total other expenses	$	49,657	(0.2	)%	$	49,748

Acquisition and related integration costs of $6.1 million for the 2015 quarter include costs for spinning off our newspaper operations and merging with Journal's broadcast business.

The effective income tax rate was 35.0% and 19.6% for the three months ended March 31,2015 and 2014, respectively. The impact of state and local taxes and non-deductible expenses has made our effective rate volatile due to relatively small amounts of pretax income or loss in each of the reporting periods.

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Business Segment Results — As discussed in the Condensed Notes to Consolidated Financial Statements, our chief operating decision maker evaluates the operating performance of our business segments using a measure called segment profit. Segment profit excludes interest, defined benefit pension plan expense (other than current service cost), income taxes, depreciation and amortization, impairment charges, divested operating units, restructuring activities, investment results and certain other items that are included in net income (loss) determined in accordance with accounting principles generally accepted in the United States of America.

Items excluded from segment profit generally result from decisions made in prior periods or from decisions made by corporate executives rather than the managers of the business segments. Depreciation and amortization charges are the result of decisions made in prior periods regarding the allocation of resources and are therefore excluded from the measure. Generally, our corporate executives make financing, tax structure and divestiture decisions. Excluding these items from measurement of our business segment performance enables us to evaluate business segment operating performance based upon current economic conditions and decisions made by the managers of those business segments in the current period.

We allocate a portion of certain corporate costs and expenses, including information technology, certain employee benefits, digital operation services and other shared services, to our business segments. The allocations are generally amounts agreed upon by management, which may differ from an arms-length amount. Corporate assets are primarily cash and cash equivalents, restricted cash, property and equipment primarily used for corporate purposes, and deferred income taxes. A portion of our digital operations, which is not allocated to our television and newspaper segments, is included in shared services and corporate.

Beginning in the second quarter of 2015, we will report the following segments: television, radio, digital and syndication and other.

Information regarding the operating performance of our business segments and a reconciliation of such information to the consolidated financial statements is as follows:

	Three Months Ended March 31,
(in thousands)	2015			Change		2014
Segment operating revenues:
Television	$	119,538		17.0	%	$	102,142
Newspapers	91,478			(7.1	)%	98,490
Syndication and other	3,484			10.2	%	3,162
Total operating revenues	$	214,500		5.3	%	$	203,794
Segment profit (loss):
Television	$	22,202		5.9	%	$	20,972
Newspapers	9,075			6.2	%	8,549
Syndication and other	(243		)			212
Shared services and corporate	(14,564		)	1.4	%	(14,358		)
Defined benefit pension plan expense	(2,762		)			(1,378		)
Acquisition and related integration costs	(6,109		)			(262		)
Depreciation and amortization of intangibles	(12,167		)			(11,729		)
Gains (losses), net on disposal of property, plant and equipment	100					(68		)
Interest expense	(2,052		)			(2,254		)
Miscellaneous, net	(1,324		)			(445		)
Loss from operations before income taxes	$	(7,844	)			$	(761	)

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Television — As of March 31, 2015, our television segment included 11 ABC-affiliated stations, three NBC-affiliated stations and two independent stations, which we operate as duopolies with our Kansas City NBC affiliate and our Detroit ABC affiliate. We also own five Azteca America affiliates. Our television stations reach approximately 14% of the nation’s households. Our television stations earn revenue primarily from the sale of advertising time to local and national advertisers and retransmission fees received from cable operators and satellite carriers.

National television networks offer affiliates a variety of programs and sell the majority of advertising within those programs. In addition to network programs, we broadcast locally produced programs, syndicated programs, sporting events, and other programs of interest in each station's market. News is the primary focus of our locally-produced programming.

The operating performance of our television group is most affected by local and national economic conditions, particularly conditions within the automotive, services and retail categories, and by the volume of advertising time purchased by campaigns for elective office and political issues. The demand for political advertising is significantly higher in the third and fourth quarters of even-numbered years.

Operating results for our television segment were as follows:

	Three Months Ended March 31,
(in thousands)	2015		Change		2014
Segment operating revenues:
Local	$	58,755	5.6	%	$	55,634
National	25,602		0.9	%	25,372
Political	500				2,681
Retransmission	27,918		123.8	%	12,474
Digital	5,320		20.8	%	4,405
Other	1,443		(8.4	)%	1,576
Total operating revenues	119,538		17.0	%	102,142
Segment costs and expenses:
Employee compensation and benefits	50,537		10.7	%	45,640
Programs and program licenses	21,132		63.0	%	12,968
Other expenses	25,667		13.8	%	22,562
Total costs and expenses	97,336		19.9	%	81,170
Segment profit	$	22,202	5.9	%	$	20,972

The Company completed its acquisition of the two Granite television stations on June 16, 2014. The inclusion of operating results from these stations for the period subsequent to the acquisition impact the comparability of our television division operating results.

Revenues

Total reported television revenues increased 17%, or $17.4 million, in the first quarter of 2015 compared to prior year. On a same-station basis, television revenues increased 11% in the 2015 quarter. Increased retransmission revenues drove the same-station growth, with local and national advertising revenues increasing $3.4 million in the first quarter. The 2014 quarter includes approximately $1.7 million in incremental revenue from Winter Olympics advertising on our three NBC-affiliated stations.

In 2014, we completed negotiations with satellite and cable television systems covering more than one-third of our subscribers and our 2015 results reflect the renewal of those agreements. The increased rates and contractual rate increases in existing agreements resulted in retransmission revenues more than doubling for the 2015 quarter compared to 2014. The 2015 quarter also includes approximately $1.6 million in prior year retransmission revenues received upon completion of the agreement in 2015.

Digital revenues, on a same-station basis, increased 18%, or $0.8 million, in the first quarter of 2015 as we continued our focus on increasing digital advertising revenues with an expanded sales force.

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Costs and expenses

Total costs and expenses on a reported basis increased 20% in the first quarter of 2015. On a same-station basis, total costs and expenses increased approximately 13% for the 2015 quarter, primarily driven by costs for programs and program licenses.

Employee compensation and benefits on a same-station basis increased $2.6 million, or 5.7%, in the first quarter of 2015 primarily due to higher benefit costs and incentive compensation.

Programs and program licenses increased by 63%for the three months ended March 31, 2015 compared to the 2014 quarter primarily due to higher network fees.

Other expenses on an as reported basis increased 14% for the 2015 quarter compared to prior year. On a same-station basis, other expenses increased 4.8% for the 2015 quarter. Costs to support digital initiatives in our television markets increased $1.2 million for the three months ended March 31, 2015.

F-26

Newspapers — We operate daily and community newspapers in 13 markets across the United States. Our newspapers earn revenue primarily from the sale of advertising to local and national advertisers and newspaper subscription fees. Our newspapers operate in mid-size markets, focusing on news coverage within their local markets. Advertising and subscription revenues provide substantially all of the operating revenues for each newspaper market and employee, newspaper distribution and newsprint costs are the primary expenses at each newspaper. The operating performance of our newspapers is most affected by local and national economic conditions, particularly within the retail, labor, housing and automotive markets, as well as newsprint prices.

Operating results for our newspaper segment were as follows:

	Three Months Ended March 31,
(in thousands)	2015		Change		2014
Segment operating revenues:
Local	$	17,965	(6.9	)%	$	19,299
Classified	16,184		(6.2	)%	17,249
National	953		(34.2	)%	1,448
Preprint and other	13,789		(11.8	)%	15,635
Digital advertising and marketing services	6,214		(1.1	)%	6,285
Advertising and marketing services	55,105		(8.0	)%	59,916
Subscriptions	31,276		(3.2	)%	32,299
Other	5,097		(18.8	)%	6,275
Total operating revenues	91,478		(7.1	)%	98,490
Segment costs and expenses:
Employee compensation and benefits	37,408		(6.6	)%	40,050
Newsprint, press supplies and other printing costs	10,766		(10.6	)%	12,038
Distribution	11,326		(5.0	)%	11,916
Other expenses	22,903		(11.7	)%	25,937
Total costs and expenses	82,403		(8.4	)%	89,941
Segment profit	$	9,075	6.2	%	$	8,549

Revenues

Total newspaper revenues decreased 7.1% for the 2015 quarter compared to 2014. Advertising and marketing services revenues decreased 8% in 2015. Subscription revenue was down 3.2% as we cycled against the completion of the launch of our digital bundles.

Advertising and marketing services declined 8% primarily as a result of continued secular changes in the demand for print advertising. Automotive, employment and other classified advertising, as well as both local and national advertising, were particularly weak during the quarter.

Subscriptions include fees paid by readers for access to our content in print and digital formats. In 2013, we began offering bundled subscriptions where our subscribers receive access to all of our newspaper content on all platforms and only limited digital content is available to non-subscribers. We also offer digital-only subscriptions. As of March 31, 2015, we had approximately 34,000 digital-only subscribers across all of our markets. Subscription revenue decreased 3.2% in the 2015 quarter due to declining volumes of home deliveries and single copy sales.

Other operating revenues, including commercial printing and distribution services, decreased by $1.2 million, or 19%, for the first quarter of 2015. The 2014 quarter included revenues of $0.9 million for a commercial print job where our Knoxville newspaper printed the Chattanooga newspaper while their plant was improved. The Chattanooga printing contract was completed in August 2014.

F-27

Costs and expenses

Employee compensation and benefits decreased approximately $2.6 million, or 6.6%, for the 2015 quarter, primarily due to lower employment levels compared to prior year, partially offset by the transfer of approximately 50 digital employees dedicated to the newspaper markets in preparation for the separation of the newspaper business. Employee compensation and benefits for these digital employees were included in other expenses as a part of the shared services and corporate allocation prior to the transfer.

Newsprint, press supplies and other printing costs declined by approximately 11% for the quarter primarily due to lower expenditures for newsprint. Average newsprint prices were flat, while newsprint consumption decreased 13% for the three months ended March 31, 2015. The decrease in newsprint consumption is largely driven by lower volumes, as well as the completion of the Chattanooga printing contract in the third quarter of 2014.

Newspaper distribution costs decreased as a result of lower net paid circulation levels. A large portion of our distribution costs are variable and increase or decrease in relation to our circulation levels.

Other expenses decreased by 11.7%, or $3.0 million, for the 2015 quarter, primarily due to a $2.5 million decrease in costs related to employee compensation and benefits of the digital employees transferred to newspapers, as well as decreases in various other operating expenses as a result of cost-control efforts.

Shared services and corporate

We centrally provide certain services to our business segments. Such services include accounting, tax, cash management, procurement, human resources, employee benefits and information technology. The business segments are allocated costs for such services at amounts agreed upon by management. Such allocated costs may differ from amounts that might be negotiated at arms-length. Costs for such services that are not allocated to the business segments are included in shared services and corporate costs. Shared services and corporate also includes unallocated corporate costs, including costs associated with being a public company and certain unallocated digital costs.

Liquidity and Capital Resources

Our primary source of liquidity is our available cash and borrowing capacity under our revolving credit facility.

Operating activities

Cash flows from operating activities for the three months endedMarch 31 is as follows:

	Three Months Ended   March 31,
(in thousands)	2015			2014
Cash Flows from Operating Activities:
Net loss	$	(5,100	)	$	(612	)
Adjustments to reconcile net loss to net cash flows from operating activities:
Depreciation and amortization	12,167			11,729
Deferred income taxes	(2,794		)	(304		)
Stock and deferred compensation plans	3,142			2,941
Pension expense, net of payments	2,606			1,021
Other changes in certain working capital accounts, net	(10,741		)	14,640
Miscellaneous, net	702			45
Net cash (used in) provided by operating activities	$	(18	)	$	29,460

The $29 million decrease in cash provided by operating activities was primarily attributable to changes in working capital in 2015 compared to 2014. The primary factors affecting changes in operating activities are described below.

• Collections of accounts receivable decreased $15.6 million in 2015 compared to 2014. Collections in the first quarter of an odd year are lower due to the impact of political advertising in the preceding quarter, which is paid in advance.

F-28

• The accrual of annual incentive compensation, net of the payment of amounts earned in the prior year, decreased working capital by $7.9 million in 2015 compared to $2.5 million in 2014.

• The timing of payments for accounts payable decreased working capital by $2.1 million in 2015.

Investing activities

Cash flows from investing activities for the three months endedMarch 31 is as follows:

	Three Months Ended   March 31,
(in thousands)	2015			2014
Cash Flows from Investing Activities:
Acquisitions	$	—		$	(46,000	)
Additions to property, plant and equipment	(3,339		)	(2,584		)
Purchase of investments	(7,280		)	(153		)
Change in restricted cash	—			1,400
Miscellaneous, net	308			361
Net cash used in investing activities	$	(10,311	)	$	(46,976	)

In 2015 and 2014 we used $10 million and $47 million, respectively, in cash for investing activities. The primary factors affecting our investing activities for the periods are described below.

• On January 1, 2014 we completed our acquisition of Media Convergence Group, Inc., which operates as Newsy, a digital video news provider, for $35 million in cash.

• We entered into a definitive agreement to acquire two television stations owned by Granite Broadcasting Corporation during the first quarter of 2014. Based on the terms of the agreement, we were required to pay $11 million into an escrow account.

• In the first quarter of 2015, we invested $5 million to fund the launch and operations of a limited liability media company specializing in digital multicasting.

Financing activities

Cash flows from financing activities for the three months endedMarch 31 is as follows:

	Three Months Ended   March 31,
(in thousands)	2015			2014
Cash Flows from Financing Activities:
Payments on long-term debt	$	(500	)	$	(500	)
Repurchase of Class A Common shares	—			(17,828		)
Proceeds from employee stock options	4,262			6,855
Tax payments related to shares withheld for RSU vesting	(4,872		)	(3,835		)
Miscellaneous, net	12,469			(1,312		)
Net cash provided by (used in) financing activities	$	11,359		$	(16,620	)

In 2015, we had $11.4 million in net cash flows and used $16.6 million in 2014 for financing activities. The primary items included in our financing activities for the periods are described below.

At March 31, 2015, we had a $275 million revolving credit and term loan agreement (“Old Financing Agreement”). The Old Financing Agreement includes a $200 million term loan B maturing in November 2020 and a $75 million revolving credit facility maturing in November 2018. There were no borrowings under the revolving credit agreements in any of the years.

Concurrent with the closing of the Journal transactions, we entered into a Second Amended and Restated Revolving Credit and Term Loan Agreement (“New Financing Agreement”) which amends and restates the Amended Revolving Credit and Term Loan Agreement dated November 26, 2013. The New Financing Agreement includes an incremental $200 million term loan, which is due November 2020. It also increased the revolving credit facility by $25 million to $100 million, which is due November 2018.

F-29

The proceeds from the incremental $200 million loan were used to pay off the $116 million existing Journal term loan, fund the $60 million special dividend and payment of transaction expenses.

The Old Financing Agreement includes the maintenance of a net leverage ratio if we borrow more than 20% on the revolving credit facility. The term loan B requires that if we borrow additional amounts or make a permitted acquisition that we cannot exceed a stated net leverage ratio on a pro forma basis at the date of the transaction. We were in compliance with all financial covenants in our financing agreements at March 31, 2015 and December 31, 2014.

In November 2012, our Board of Directors authorized a repurchase program of up to $100 million of our Class A Common shares through December 2014. We repurchased $17.8 million of shares under this authorization in 2014. No additional shares may be repurchased pursuant to this authorization.

In May 2014, our Board of Directors authorized a new repurchase program of up to $100 million of our Class A Common shares through December 2016. Shares may be repurchased from time to time at management's discretion, either in the open market, through pre-arranged trading plans or in privately negotiated block transactions. No shares have been repurchased under this program as of March 31, 2015. Based on the terms of the Master Transaction Agreement with Journal Communications, we were precluded from repurchasing shares prior to closing the transactions. With the closing of the merger with Journal Communications, the company can begin repurchasing shares on May 12, 2015.

In 2015, we received $4.3 million of proceeds from the exercise of employee stock options compared to $6.9 million in 2014. Our employees currently hold options to purchase 1.3 million shares at exercise prices between $6.63 and $10.92 per share.

Cash provided by financing activities increased primarily due to the result of a $13 million increase checks issued for payment and outstanding at quarter-end.

Other

We have met our funding requirements for our defined benefit pension plans under the provisions of the Pension Funding Equity Act of 2004 and the Pension Protection Act of 2006. We expect to contribute $1.4 million in the remainder of 2015 to our defined benefit pension plans, primarily to fund benefit payments under the Supplemental Executive Retirement Plan.

We expect that our cash, cash from operating activities and available borrowing capacity will be sufficient to meet our operating and capital needs over the next 12 months.

As discussed previously, we closed the transactions with Journal Communications on April 1, 2015, spun-off our newspaper operations, paid a special $60 million dividend and merged the Journal broadcast operations with Scripps. In order to carry out the transactions, we expect to incur $30 to $35 million in costs, of which we have incurred approximately $16 million through March 31, 2015. With the closing of the Journal transactions, we also assumed Journal's outstanding liabilities, including employee benefit obligations ($95 million as of December 31, 2014). Journal also had outstanding debt of $127 million as of the closing date of which we refinanced $116 million and assumed the remainder.

Off-Balance Sheet Arrangements and Contractual Obligations

Off-Balance Sheet Arrangements

There have been no material changes to the off-balance sheet arrangements disclosed in our Annual Report on Form 10-K for the year ended December 31, 2014.

F-30

Critical Accounting Policies and Estimates

The preparation of financial statements in accordance with accounting principles generally accepted in the United States of America (“GAAP”) requires us to make a variety of decisions that affect reported amounts and related disclosures, including the selection of appropriate accounting principles and the assumptions on which to base accounting estimates. In reaching such decisions, we apply judgment based on our understanding and analysis of the relevant circumstances, including our historical experience, actuarial studies and other assumptions. We are committed to incorporating accounting principles, assumptions and estimates that promote the representational faithfulness, verifiability, neutrality and transparency of the accounting information included in the financial statements.

Note 1 to the Consolidated Financial Statements included in our Annual Report on Form 10-K for the year ended December 31, 2014 describes the significant accounting policies we have selected for use in the preparation of our financial statements and related disclosures. An accounting policy is deemed to be critical if it requires an accounting estimate to be made based on assumptions about matters that are highly uncertain at the time the estimate is made and if different estimates that reasonably could have been used or changes in estimates that are likely to occur could materially change the financial statements. We believe the accounting for acquisitions, long-lived assets, goodwill and indefinite-lived intangible assets, income taxes and pension plans to be our most critical accounting policies and estimates. A detailed description of these accounting policies is included in the Critical Accounting Policies section of Management's Discussion and Analysis of Financial Condition and Results of Operations included in our Annual Report on Form 10-K for the year ended December 31, 2014.

Recently Adopted Standards and Issued Accounting Standards

Recently Issued Accounting Standards — In April 2014, the Financial Accounting Standards Board (FASB) issued new guidance on reporting and disclosure requirements as they relate to discontinued operations. With the new guidance, a disposal of a component or group of components of an entity is required to be reported in discontinued operations if the disposal represents a strategic shift that has or will have a major effect on an entity's operations and financial results. The amendments in this update are effective for all disposals, or classifications as held for sale, of components of an entity that occur within annual reporting periods beginning on or after December 15, 2014 and interim periods within those years.

In May 2014, the FASB issued new guidance on revenue recognition. Under this new standard, an entity shall recognize revenue when it transfers promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. The standard creates a five-step process that requires entities to exercise judgment when considering the terms of the contract(s) and all relevant facts and circumstances. This standard permits the use of either the retrospective or cumulative effect transition method and will be effective for us beginning in 2017. Early adoption is not permitted. We are currently assessing the impact this new guidance will have on our consolidated financial statements and have not yet determined a transition method.

In August 2014, the FASB issued new guidance related to the disclosures around going concern. The new standard provides guidance around management's responsibility to evaluate whether there is substantial doubt about an entity's ability to continue as a going concern and to provide related footnote disclosures. The new standard is effective for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2016. Early adoption is permitted. The adoption of this standard is not expected to have a material impact on our consolidated financial statements.

F-31

Quantitative and Qualitative Disclosures About Market Risk

Earnings and cash flow can be affected by, among other things, economic conditions and interest rate changes. We are also exposed to changes in the market value of our investments.

Our objectives in managing interest rate risk are to limit the impact of interest rate changes on our earnings and cash flows and to reduce overall borrowing costs.

The following table presents additional information about market-risk-sensitive financial instruments:

	As of March 31, 2015				As of December 31, 2014
(in thousands)	Cost Basis		Fair Value		Cost Basis		Fair Value
Financial instruments subject to interest rate risk:
Variable rate credit facilities	$	—	$	—	$	—	$	—
Term loan	197,500		197,500		198,000		194,000
Total long-term debt including current portion	$	197,500	$	197,500	$	198,000	$	194,000
Interest rate swap	$	645	$	645	$	471	$	471
Financial instruments subject to market value risk:
Investments held at cost	$	11,128	(a)		$	5,503	(a)
(a) Includes securities that do not trade in public markets so the securities do not have readily determinable fair values. We estimate the fair value of these securities approximates their carrying value. There can be no assurance that we would realize the carrying value upon sale of the securities.

We may utilize interest rate swaps to manage our interest expense exposure by fixing our interest rate on portions of our floating rate term loan. We have entered into a $75 million notional value interest rate swap expiring in December 2016 which provides for a fixed interest rate of 1.08%. We did not provide or receive any collateral for this contract. The fair value of this financial derivative is based on quoted market prices which reflect the present values of the difference between estimated future variable-rate receipts and future fixed-rate payments.

F-32

Controls and Procedures

Evaluation of Disclosure Controls and Procedures

Scripps management is responsible for establishing and maintaining adequate internal controls designed to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with accounting principles generally accepted in the United States of America (“GAAP”). The Company’s internal control over financial reporting includes those policies and procedures that:

1. pertain to the maintenance of records that in reasonable detail accurately and fairly reflect the transactions and dispositions of the assets of the Company;

2. provide reasonable assurance that transactions are recorded as necessary to permit preparation of financial statements in accordance with GAAP, and that receipts and expenditures of the Company are being made only in accordance with authorizations of management and the directors of the Company; and

3. provide reasonable assurance regarding prevention or timely detection of unauthorized acquisition, use or disposition of the Company’s assets that could have a material effect on the financial statements.

All internal control systems, no matter how well designed, have inherent limitations, including the possibility of human error, collusion and the improper overriding of controls by management. Accordingly, even effective internal control can only provide reasonable but not absolute assurance with respect to financial statement preparation. Further, because of changes in conditions, the effectiveness of internal control may vary over time.

The effectiveness of the design and operation of our disclosure controls and procedures (as defined in Rule 13a-15(e) under the Securities Exchange Act of 1934) was evaluated as of the date of the financial statements. This evaluation was carried out under the supervision of and with the participation of management, including the Chief Executive Officer and the Chief Financial Officer. Based upon that evaluation, the Chief Executive Officer and the Chief Financial Officer concluded that the design and operation of these disclosure controls and procedures are effective. There were no changes to the Company's internal controls over financial reporting (as defined in Exchange Act Rule 13a-15(f)) during the period covered by this report that have materially affected, or are reasonably likely to materially affect, the Company's internal control over financial reporting.

F-33

The E.W. Scripps Company

Index to Exhibits

Exhibit Number	Exhibit Description
31(A)	Section 302 Certifications
31(B)	Section 302 Certifications
32(A)	Section 906 Certifications
32(B)	Section 906 Certifications
101.INS	XBRL Instance Document (furnished herewith)
101.SCH	XBRL Taxonomy Extension Schema Document (furnished herewith)
101.CAL	XBRL Taxonomy Extension Calculation Linkbase Document (furnished herewith)
101.DEF	XBRL Taxonomy Extension Definition Linkbase Document (furnished herewith)
101.LAB	XBRL Taxonomy Extension Label Linkbase Document (furnished herewith)
101.PRE	XBRL Taxonomy Extension Presentation Linkbase Document (furnished herewith)

E-1

EX-31.A

Exhibit 31(a)

Section 302 Certifications

Certifications

I, Richard A. Boehne, certify that:

1. I have reviewed this report on Form 10-Q of The E. W. Scripps Company;

2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

3. Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;

4. The registrant's other certifying officer and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the registrant and have:

a. designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;

b. designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;

c. evaluated the effectiveness of the registrant's disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and

d. disclosed in this report any change in the registrant's internal control over financial reporting that occurred during the registrant's most recent fiscal quarter (the registrant's fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant's internal control over financial reporting; and

5. The registrant's other certifying officer and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant's auditors and the audit committee of registrant's board of directors (or persons performing the equivalent functions):

a. all significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting that are reasonably likely to adversely affect the registrant's ability to record, process, summarize and report financial information; and

b. any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant's internal control over financial reporting.

Date: May 8, 2015

BY: /s/ Richard A. Boehne

Richard A. Boehne

President and Chief Executive Officer

EX-31.B

Exhibit 31(b)

Section 302 Certifications

Certifications

I, Timothy M. Wesolowski, certify that:

1. I have reviewed this report on Form 10-Q of The E. W. Scripps Company;

2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

3. Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;

4. The registrant's other certifying officer and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the registrant and have:

a. designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;

b. designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;

c. evaluated the effectiveness of the registrant's disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and

d. disclosed in this report any change in the registrant's internal control over financial reporting that occurred during the registrant's most recent fiscal quarter (the registrant's fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant's internal control over financial reporting; and

5. The registrant's other certifying officer and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant's auditors and the audit committee of registrant's board of directors (or persons performing the equivalent functions):

a. all significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting that are reasonably likely to adversely affect the registrant's ability to record, process, summarize and report financial information; and

b. any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant's internal control over financial reporting.

Date: May 8, 2015

BY: /s/ Timothy M. Wesolowski

Timothy M. Wesolowski

Senior Vice President and Chief Financial Officer  

EX-32.A

Exhibit 32(a)

Section 906 Certifications

Certification Pursuant to Section 906 of the Sarbanes-Oxley Act Of 2002

I, Richard A. Boehne, President and Chief Executive Officer of The E. W. Scripps Company (the “Company”), hereby certify, pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, that:

(1) The Quarterly Report on Form 10-Q of the Company for the period ended March 31, 2015 (the “Report”), which this certification accompanies, fully complies with the requirements of Section 13(a) or 15(d) of the Securities Exchange Act of 1934; and

(2) The information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of the Company.

/s/ Richard A. Boehne

Richard A. Boehne

President and Chief Executive Officer

May 8, 2015

EX-32.B

Exhibit 32(b)

Section 906 Certifications

Certification Pursuant to Section 906 of the Sarbanes-Oxley Act Of 2002

I, Timothy M. Wesolowski, Senior Vice President and Chief Financial Officer of The E. W. Scripps Company (the “Company”), hereby certify, pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, that:

(1) The Quarterly Report on Form 10-Q of the Company for the period ended March 31, 2015 (the “Report”), which this certification accompanies, fully complies with the requirements of Section 13(a) or 15(d) of the Securities Exchange Act of 1934; and

(2) The information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of the Company.

/s/ Timothy M. Wesolowski

Timothy M. Wesolowski

Senior Vice President and Chief Financial Officer

May 8, 2015

XML

Segment Information (Tables)

3 Months Ended

Mar. 31, 2015

Segment Reporting [Abstract]

Information regarding business segments

Information regarding our business segments is as follows:

	Three Months Ended   March 31,
(in thousands)	2015			2014
Segment operating revenues:
Television	$	119,538		$	102,142
Newspapers	91,478			98,490
Syndication and other	3,484			3,162
Total operating revenues	$	214,500		$	203,794
Segment profit (loss):
Television	$	22,202		$	20,972
Newspapers	9,075			8,549
Syndication and other	(243		)	212
Shared services and corporate	(14,564		)	(14,358		)
Defined benefit pension plan expense	(2,762		)	(1,378		)
Acquisition and related integration costs	(6,109		)	(262		)
Depreciation and amortization of intangibles	(12,167		)	(11,729		)
Gains (losses), net on disposal of property, plant and equipment	100			(68		)
Interest expense	(2,052		)	(2,254		)
Miscellaneous, net	(1,324		)	(445		)
Loss from operations before income taxes	$	(7,844	)	$	(761	)
Depreciation:
Television	$	5,386		$	5,111
Newspapers	3,784			3,987
Syndication and other	184			98
Shared services and corporate	617			612
Total depreciation	$	9,971		$	9,808
Amortization of intangibles:
Television	$	1,888		$	1,599
Newspapers	88			118
Syndication and other	220			204
Total amortization of intangibles	$	2,196		$	1,921
Additions to property, plant and equipment:
Television	$	1,941		$	1,732
Newspapers	1,034			219
Syndication and other	85			28
Shared services and corporate	279			605
Total additions to property, plant and equipment	$	3,339		$	2,584

XML

Long-Term Debt - Narrative (Details) (USD $)	3 Months Ended
	Mar. 31, 2015	Dec. 31, 2014	Mar. 31, 2014
Long-Term Debt (Textual) [Abstract]
Current portion of long-term debt	$ 2,000,000	2,000,000
Long-term debt (less current portion)	195,500,000	196,000,000
Scheduled principal payments on long-term debt in 2015	1,500,000
Scheduled principal payments on long-term debt in 2016	2,000,000
Scheduled principal payments on long-term debt in 2017	2,000,000
Scheduled principal payments on long-term debt in 2018	2,000,000
Scheduled principal payments on long-term debt in 2019	2,000,000
Scheduled principal payments on long-term debt in 2020	188,000,000
Letters of credit outstanding amount	200,000	200,000
Minimum
Long-Term Debt (Textual) [Abstract]
Percentage of commitment fees of total unused commitment under revolving credit facility	0.30%
Maximum
Long-Term Debt (Textual) [Abstract]
Percentage of commitment fees of total unused commitment under revolving credit facility	0.50%
Financing Agreement
Long-Term Debt (Textual) [Abstract]
Revolving credit and term loan agreement to finance acquisition	275,000,000
Restricted payment for dividend and share repurchase, maximum	50,000,000
Ratio of Indebtedness to Net Capital	4.5
Financing Agreement | Term loan
Long-Term Debt (Textual) [Abstract]
Long-term debt, term loan	200,000,000
Long-term Debt, Percentage Bearing Variable Interest, Percentage Rate	3.25%	3.25%
LIBOR plus margin range	2.50%
Weighted average interest rate			3.25%
Financing Agreement | Term loan | Minimum
Long-Term Debt (Textual) [Abstract]
Long-term Debt, Percentage Bearing Variable Interest, Percentage Rate	0.75%
Financing Agreement | Revolving credit facility
Long-Term Debt (Textual) [Abstract]
Revolving credit and term loan agreement to finance acquisition	$ 75,000,000
Financing Agreement | Revolving credit facility | Minimum
Long-Term Debt (Textual) [Abstract]
Line of Credit Facility, Amount Outstanding, Trigger Leverage Ratio, Percentage	20.00%
LIBOR plus margin range	2.25%
Financing Agreement | Revolving credit facility | Maximum
Long-Term Debt (Textual) [Abstract]
LIBOR plus margin range	2.75%

XML

Other Charges and Credits - Narrative (Details) (USD $) In Thousands, unless otherwise specified	3 Months Ended
	Mar. 31, 2015	Mar. 31, 2014
Asset Write-Downs and Other Charges and Credits [Abstract]
Acquisition and related integration costs	$ 6,109	$ 262

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Financial Instruments - Narrative (Details) (Interest rate swaps, USD $)	3 Months Ended
	Mar. 31, 2015	Dec. 31, 2014
Interest rate swaps
Derivatives, Fair Value [Line Items]
Notional Amount	$ 75,000,000	$ 75,000,000
Fixed LIBOR interest rate	1.08%
Derivative instrument, amortized into earnings from AOCI	$ 100,000

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Acquisitions - Pro Forma Disclosures (Details) (Detroit MyNetworkTV affiliate and Buffalo ABC affiliate, USD $) In Thousands, except Per Share data, unless otherwise specified	3 Months Ended
	Mar. 31, 2014
Detroit MyNetworkTV affiliate and Buffalo ABC affiliate
Business Acquisition, Pro Forma Information, Nonrecurring Adjustment [Line Items]
Business Acquisition, Pro Forma Revenue	$ 211,158
Business Acquisition, Pro Forma Net Income (Loss)	$ (110)
Business Acquisition, Pro Forma Earnings Per Share, Basic	$ 0.00
Business Acquisition, Pro Forma Earnings Per Share, Diluted	$ 0.00

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Long-Term Debt (Tables)

3 Months Ended

Mar. 31, 2015

Debt Disclosure [Abstract]

Components of Long-term debt

Long-term debt consisted of the following:

(in thousands)	As of   March 31,   2015		As of   December 31,   2014
Variable rate credit facility	$	—	$	—
Term loan	197,500		198,000
Long-term debt	197,500		198,000
Current portion of long-term debt	2,000		2,000
Long-term debt (less current portion)	$	195,500	$	196,000
Fair value of long-term debt *	$	197,500	$	194,000

* Fair value of the term loan was estimated based on quoted private market transactions and is classified as Level 1 in the fair value hierarchy.

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Financial Instruments - Effective Portion of Unrealized Gain and Loss (Details) (Interest rate swaps, USD $) In Thousands, unless otherwise specified	3 Months Ended
	Mar. 31, 2015	Mar. 31, 2014
Interest rate swaps
Derivatives designated as cash flow hedges:
Amounts reclassified from accumulated OCL, gain/(loss)	$ 96	$ 96
Derivative, Gain (Loss) on Derivative, Net	$ (174)	$ 49

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Capital Stock

3 Months Ended

Mar. 31, 2015

Equity [Abstract]

Capital Stock

Capital Stock

Capital Stock — We have two classes of common shares, Common Voting shares and Class A Common shares. The Class A Common shares are only entitled to vote on the election of the greater of three or one-third of the directors and other matters as required by Ohio law.

Share Repurchase Plan — In May 2014, our Board of Directors authorized a new repurchase program of up to $100 million of our Class A Common shares through December 2016. Shares may be repurchased from time to time at management's discretion, either in the open market, through pre-arranged trading plans or in privately negotiated block transactions. No shares have been repurchased under this program as of March 31, 2015. With the closing of the merger with Journal Communications, the company can begin repurchasing shares on May 12, 2015.

Options Outstanding— Information about options outstanding and options exercisable by year of grant as of March 31, 2015 is as follows:

			Options Outstanding and Exercisable
Year of Grant	Range of Exercise Prices	Average Remaining Term (in years)	Options on Shares Outstanding	Weighted Average Exercise Price		Aggregate Intrinsic Value (in millions)
2006 – expire in 2016	$10	1.10	32,861	9.96		$	0.6
2007 – expire in 2017	9	2.07	32,861	9.24		0.6
2008 – expire in 2018	7-10	3.04	1,198,618	8.60		23.8
Total	$7-10	2.96	1,264,340	$	8.65	$	25.0

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Goodwill and Other Intangible Assets - Goodwill by business segment (Details) (USD $) In Thousands, unless otherwise specified	Mar. 31, 2015	Dec. 31, 2014
Summary of activity related to goodwill by business segment
Gross balance	$ 1,100,575	$ 1,100,575
Accumulated impairment losses	(994,314)	(994,314)
Goodwill	106,261	106,261
Television
Summary of activity related to goodwill by business segment
Gross balance	288,095	288,095
Accumulated impairment losses	(215,414)	(215,414)
Goodwill	72,681	72,681
Newspapers
Summary of activity related to goodwill by business segment
Gross balance	778,900	778,900
Accumulated impairment losses	(778,900)	(778,900)
Goodwill	0	0
Syndication and other
Summary of activity related to goodwill by business segment
Gross balance	33,580	33,580
Accumulated impairment losses	0	0
Goodwill	$ 33,580	$ 33,580

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Summary of Significant Accounting Policies - Narrative (Details) (USD $) In Millions, unless otherwise specified	3 Months Ended
	Mar. 31, 2015	Mar. 31, 2014
Accounting Policies [Abstract]
Share-based compensation costs	$ 1.9	$ 3.3

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Supplemental Cash Flow Information (Tables)

3 Months Ended

Mar. 31, 2015

Supplemental Cash Flow Elements [Abstract]

Change in certain working capital accounts

The following table presents additional information about the change in certain working capital accounts:

	Three Months Ended   March 31,
(in thousands)	2015			2014
Other changes in certain working capital accounts, net
Accounts and notes receivable	$	(128	)	$	15,433
Accounts payable	(3,881		)	(1,829		)
Accrued employee compensation and benefits	(64		)	1,667
Other accrued liabilities	(2,237		)	(432		)
Other, net	(4,431		)	(199		)
Total	$	(10,741	)	$	14,640

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Goodwill and Other Intangible Assets - Narrative (Details) (USD $) In Millions, unless otherwise specified	Mar. 31, 2015
Goodwill and Intangible Assets Disclosure [Abstract]
Estimated amortization expense of intangible assets for the remainder of 2015	$ 6.8
Estimated amortization expense of intangible assets for 2016	9.0
Estimated amortization expense of intangible assets for 2017	6.5
Estimated amortization expense of intangible assets for 2018	6.5
Estimated amortization expense of intangible assets for 2019	5.5
Estimated amortization expense of intangible assets for 2020	5.5
Estimated amortization expense of intangible assets for later years	$ 55.0

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Capital Stock - Options outstanding and exercisable (Details) (USD $) In Millions, except Share data, unless otherwise specified	3 Months Ended
	Mar. 31, 2015
Information about options outstanding and options exercisable by year of grant
Range of Exercise Prices, Lower Range Limit (USD per share)	$ 7
Range of Exercise Prices, Upper Range Limit (USD per share)	$ 10
2006 – expire in 2016
Information about options outstanding and options exercisable by year of grant
Range of Exercise Prices, Lower Range Limit (USD per share)	$ 10
Range of Exercise Prices, Upper Range Limit (USD per share)	$ 10
2007 – expire in 2017
Information about options outstanding and options exercisable by year of grant
Range of Exercise Prices, Lower Range Limit (USD per share)	$ 9
Range of Exercise Prices, Upper Range Limit (USD per share)	$ 9
2008 – expire in 2018
Information about options outstanding and options exercisable by year of grant
Range of Exercise Prices, Lower Range Limit (USD per share)	$ 7
Range of Exercise Prices, Upper Range Limit (USD per share)	$ 10
Stock Options
Information about options outstanding and options exercisable by year of grant
Average Remaining Term	2 years 11 months 17 days
Options on Shares Outstanding	1,264,340
Options on Shares Exercisable	1,264,340
Options Outstanding, Weighted Average Exercise Price (USD per share)	$ 8.65
Options Exercisable, Weighted Average Exercise Price (USD per share)	$ 8.65
Options Outstanding, Aggregate Intrinsic Value	$ 25.0
Options Exercisable, Aggregate Intrinsic Value	25.0
Stock Options | 2006 – expire in 2016
Information about options outstanding and options exercisable by year of grant
Average Remaining Term	1 year 1 month 5 days
Options on Shares Outstanding	32,861
Options on Shares Exercisable	32,861
Options Outstanding, Weighted Average Exercise Price (USD per share)	$ 9.96
Options Exercisable, Weighted Average Exercise Price (USD per share)	$ 9.96
Options Outstanding, Aggregate Intrinsic Value	0.6
Options Exercisable, Aggregate Intrinsic Value	0.6
Stock Options | 2007 – expire in 2017
Information about options outstanding and options exercisable by year of grant
Average Remaining Term	2 years 0 months 27 days
Options on Shares Outstanding	32,861
Options on Shares Exercisable	32,861
Options Outstanding, Weighted Average Exercise Price (USD per share)	$ 9.24
Options Exercisable, Weighted Average Exercise Price (USD per share)	$ 9.24
Options Outstanding, Aggregate Intrinsic Value	0.6
Options Exercisable, Aggregate Intrinsic Value	0.6
Stock Options | 2008 – expire in 2018
Information about options outstanding and options exercisable by year of grant
Average Remaining Term	3 years 0 months 14 days
Options on Shares Outstanding	1,198,618
Options on Shares Exercisable	1,198,618
Options Outstanding, Weighted Average Exercise Price (USD per share)	$ 8.60
Options Exercisable, Weighted Average Exercise Price (USD per share)	$ 8.60
Options Outstanding, Aggregate Intrinsic Value	23.8
Options Exercisable, Aggregate Intrinsic Value	$ 23.8

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Supplemental Cash Flow Information - Change in Certain Working Capital Accounts (Details) (USD $) In Thousands, unless otherwise specified	3 Months Ended
	Mar. 31, 2015	Mar. 31, 2014
Other changes in certain working capital accounts, net
Accounts and notes receivable	$ (128)	$ 15,433
Accounts payable	(3,881)	(1,829)
Accrued employee compensation and benefits	(64)	1,667
Other accrued liabilities	(2,237)	(432)
Other, net	(4,431)	(199)
Total	$ (10,741)	$ 14,640

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Income Taxes - Narrative (Details) (USD $) In Millions, unless otherwise specified	3 Months Ended
	Mar. 31, 2015	Mar. 31, 2014
Income Tax Disclosure [Abstract]
Effective income tax rate	35.00%	19.60%
U.S. Federal statutory rate	35.00%	35.00%
Deferred tax assets	$ 53.1
Unrecognized deductions for share based compensation awards	$ 16	$ 13

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Condensed Consolidated Statements of Equity (Parenthetical) (USD $) In Thousands, except Share data, unless otherwise specified	3 Months Ended
	Mar. 31, 2015	Mar. 31, 2014
Statement of Stockholders' Equity [Abstract]
Repurchase of Class A Common shares	0	988,990
Adjustments Related to Tax Withholding for Share-based Compensation	$ 4,872	$ 3,835
Shares issued on compensation plans	805,560	1,065,619

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Employee Benefit Plans - Components of Expense (Details) (USD $) In Thousands, unless otherwise specified	3 Months Ended
	Mar. 31, 2015	Mar. 31, 2014
Defined Benefit Plan, Net Periodic Benefit Cost [Abstract]
Net periodic benefit cost	$ 6,172	$ 4,657
Defined contribution plans
Defined Benefit Plan, Net Periodic Benefit Cost [Abstract]
Net periodic benefit cost	3,351	3,160
Multi-employer plans
Defined Benefit Plan, Net Periodic Benefit Cost [Abstract]
Net periodic benefit cost	59	119
Defined benefit plans
Defined Benefit Plan, Net Periodic Benefit Cost [Abstract]
Service cost	0	21
Interest cost	6,449	6,278
Expected return on plan assets, net of expenses	(5,085)	(5,859)
Amortization of actuarial loss	1,132	642
Total for defined benefit plans	2,496	1,082
SERP
Defined Benefit Plan, Net Periodic Benefit Cost [Abstract]
Net periodic benefit cost	$ 266	$ 296

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Summary of Significant Accounting Policies - Earnings Per Share (Details) (USD $) In Thousands, unless otherwise specified	3 Months Ended
	Mar. 31, 2015		Mar. 31, 2014
Numerator (for basic and diluted earnings per share)
Net loss attributable to the shareholders of The E.W. Scripps Company	$ (5,100)		$ (612)
Less income allocated to RSUs	0		0
Numerator for basic and diluted earnings per share	$ (5,100)		$ (612)
Denominator
Basic weighted-average shares outstanding	57,335		56,084
Effect of dilutive securities:
Stock options held by employees and directors	0		0
Diluted weighted-average shares outstanding	57,335		56,084
Anti-dilutive securities	1,728	[1]	3,985	[1]

[1] (1) Amount outstanding at balance sheet date, before application of the treasury stock method and not weighted for period outstanding

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Summary of Significant Accounting Policies (Policies)

3 Months Ended

Mar. 31, 2015

Accounting Policies [Abstract]

Basis of Presentation

Basis of Presentation — The condensed consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America for interim financial information and with the instructions to Form 10-Q and Rule 10-01 of Regulation S-X. The interim financial statements should be read in conjunction with the audited consolidated financial statements, including the notes thereto included in our 2014 Annual Report on Form 10-K. In management's opinion, all adjustments (consisting of normal recurring accruals) necessary for a fair presentation of the interim periods have been made.

Results of operations are not necessarily indicative of the results that may be expected for future interim periods or for the full year.

Nature of Operations

Nature of Operations — We are a diverse media enterprise with a portfolio of television, print and digital media brands. All of our media businesses provide content and advertising services via digital platforms, including the web, smartphones and tablets. Our media businesses are organized into the following reportable business segments: television, newspapers and syndication and other. Additional information for our business segments is presented in the Condensed Notes to Consolidated Financial Statements.

Use of Estimates

Use of Estimates — Preparing financial statements in accordance with accounting principles generally accepted in the United States of America requires us to make a variety of decisions that affect the reported amounts and the related disclosures. Such decisions include the selection of accounting principles that reflect the economic substance of the underlying transactions and the assumptions on which to base accounting estimates. In reaching such decisions, we apply judgment based on our understanding and analysis of the relevant circumstances, including our historical experience, actuarial studies and other assumptions.

On April 1, 2015, we distributed our newspaper business to our shareholders in a tax-free spin-off. See Note 18 for additional information on the spin-off.

Our financial statements include estimates and assumptions used in accounting for our defined benefit pension plans; the periods over which long-lived assets are depreciated or amortized; the fair value of long-lived assets, goodwill and indefinite lived assets; the liability for uncertain tax positions and valuation allowances against deferred income tax assets; the fair value of assets acquired and liabilities assumed in business combinations; and self-insured risks.

While we re-evaluate our estimates and assumptions on an ongoing basis, actual results could differ from those estimated at the time of preparation of the financial statements.

Revenue Recognition

Revenue Recognition — We recognize revenue when persuasive evidence of a sales arrangement exists, delivery occurs or services are rendered, the sales price is fixed or determinable and collectability is reasonably assured. When a sales arrangement contains multiple elements, such as the sale of advertising and other services, we allocate revenue to each element based upon its relative fair value. We report revenue net of sales and other taxes collected from our customers.

Our primary sources of revenue are from the sale of print, broadcast and digital advertising, retransmission fees received from cable operators and satellite carriers and newspaper subscription fees.

The revenue recognition policies for each source of revenue are described in our 2014 Annual Report on Form 10-K.

Share-Based Compensation

Share-Based Compensation — We have a Long-Term Incentive Plan (the “Plan”) which is described more fully in our Annual Report on Form 10-K for the year ended December 31, 2014. The Plan provides for the award of incentive and nonqualified stock options, stock appreciation rights, restricted stock units (RSUs), unrestricted Class A Common shares and performance units to key employees and non-employee directors.

Share-based compensation costs totaled $1.9 million and $3.3 million for the first quarter of 2015 and 2014, respectively.

Earnings Per Share (EPS)

Earnings Per Share (“EPS”) — Unvested awards of share-based payments with rights to receive dividends or dividend equivalents, such as our RSUs, are considered participating securities for purposes of calculating EPS. Under the two-class method, we allocate a portion of net income to these participating securities and therefore exclude that income from the calculation of EPS for common stock. We do not allocate losses to the participating securities.

Derivative Financial Instruments

Derivative Financial Instruments — It is our policy that derivative transactions are executed only to manage exposures arising in the normal course of business and not for the purpose of creating speculative positions or trading. Derivative financial instruments are utilized to manage interest rate risks. We do not hold derivative financial instruments for trading purposes. All derivatives are recorded on the balance sheet at fair value. Each derivative is designated as a cash flow hedge or remains undesignated. Changes in the fair value of derivatives that are designated and effective as cash flow hedges are recorded in other comprehensive income (loss) and reclassified to earnings when the effects of the item being hedged are recognized in earnings. These changes are offset in earnings to the extent the hedge was effective by fair value changes related to the risk being hedged on the hedged item. Changes in the fair value of undesignated hedges are recognized currently in earnings. All ineffective changes in derivative fair values are recognized currently in earnings.

All designated hedges are formally documented as to the relationship with the hedged item as well as the risk-management strategy. Both at inception and on an ongoing basis, the hedging instrument is assessed as to its effectiveness, when applicable. If and when a derivative is determined not to be highly effective as a hedge, or the underlying hedged transaction is no longer likely to occur, or the hedge designation is removed, or the derivative is terminated, the hedge accounting discussed above is discontinued.

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Contingencies

3 Months Ended

Mar. 31, 2015

Commitments and Contingencies Disclosure [Abstract]

Contingencies

Contingencies

We are involved in litigation arising in the ordinary course of business, such as defamation actions, and governmental

proceedings primarily relating to renewal of broadcast licenses, none of which is expected to result in material loss.

Scripps and members of the Board of Directors of Journal Communications, Inc. ("Journal") were defendants in a class action lawsuit filed in Circuit Court, Milwaukee County, Wisconsin (Howard Goldfinger v. Journal Communications, Inc., et al.). The plaintiff in the lawsuit alleged that the directors of Journal breached their fiduciary duties to Journal shareholders in connection with the proposed transactions between Scripps and Journal and that the other parties to the lawsuit aided and abetted such alleged breaches of fiduciary duty. On November 12, 2014, the Circuit Court entered an order dismissing this lawsuit.

On January 6, 2015, the plaintiff in the above-referenced lawsuit filed a putative class action lawsuit in the United States District Court for the Eastern District of Wisconsin (Howard Goldfinger v. Journal Communications, Inc., et al.), naming Scripps, Journal, the Board of Directors of Journal, and certain subsidiaries of Scripps and Journal as defendants. The plaintiff asserted disclosure claims under Sections 14(a) and 20(a) of the Securities Exchange Act of 1934, as well as state common law claims for breaches of fiduciary duty and aiding and abetting breaches of fiduciary duty. The complaint seeks, among other remedies, injunctive relief and damages. Prior to the shareholder meetings at which the Scripps/Journal transactions were approved, the plaintiff filed a motion for expedited discovery, and the defendants filed motions to dismiss the lawsuit. Plaintiff did not seek to enjoin the shareholder meetings or the Scripps/Journal transactions. Since the closing of the Scripps/Journal transactions, the plaintiff’s motion for expedited discovery and the defendants’ motions to dismiss the lawsuit remain pending. No further motions have been filed by either plaintiff or defendants. The court has yet to issue any orders with respect to the pending motions. Scripps believes the claims asserted are without merit and intends to continue to defend against them.

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Financial Instruments - Notional Amounts (Details) (Interest rate swaps, USD $) In Thousands, unless otherwise specified	Mar. 31, 2015		Dec. 31, 2014
Interest rate swaps
Derivatives designated as cash flow hedges:
Derivative, Notional Amount	$ 75,000		$ 75,000
Interest Rate Derivative Assets, at Fair Value	0		0
Interest Rate Derivative Liabilities, at Fair Value	$ 645	[1]	$ 471	[1]

[1] (1) Balance recorded as other liabilities in Condensed Consolidated Balance Sheet

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Acquisitions - Narrative (Details) (USD $)	0 Months Ended
	Jan. 01, 2014	Jun. 16, 2014 television_station	Sep. 16, 2014	Mar. 31, 2015	Dec. 31, 2014
Acquisitions (Textual) [Abstract]
Intangible assets	$ 5,900,000
Goodwill				106,261,000	106,261,000
Customer relationships
Acquisitions (Textual) [Abstract]
Intangible assets	4,100,000
Intangible asset, estimated amortization period	5 years
Other intangible assets
Acquisitions (Textual) [Abstract]
Intangible assets	1,800,000
Media Convergence Group (Newsy)
Acquisitions (Textual) [Abstract]
Acquisition cost in cash	35,000,000
Intangible assets	5,900,000
Goodwill	28,983,000
Working capital adjustment	200,000
Business acquisition, purchase price	35,222,000
Detroit MyNetworkTV affiliate and Buffalo ABC affiliate
Acquisitions (Textual) [Abstract]
Number of stations acquired		2
Acquisition cost in cash		110,000,000
Intangible assets		53,500,000
Goodwill		44,715,000
Business acquisition, purchase price		110,000,000
Detroit MyNetworkTV affiliate and Buffalo ABC affiliate | Retransmission agreements, television network affiliate relationships and advertiser relationships
Acquisitions (Textual) [Abstract]
Intangible assets		19,100,000
Detroit MyNetworkTV affiliate and Buffalo ABC affiliate | FCC licenses
Acquisitions (Textual) [Abstract]
Intangible assets		34,400,000
WeatherSphere
Acquisitions (Textual) [Abstract]
Business acquisition, purchase price			4,100,000
Earnout provision, maximum			2,500,000
Earnout provision, payment term			3 years
Earnout provision, fair value			$ 1,200,000
Minimum | Detroit MyNetworkTV affiliate and Buffalo ABC affiliate | Retransmission agreements, television network affiliate relationships and advertiser relationships
Acquisitions (Textual) [Abstract]
Intangible asset, estimated amortization period		10 years
Maximum | Detroit MyNetworkTV affiliate and Buffalo ABC affiliate | Retransmission agreements, television network affiliate relationships and advertiser relationships
Acquisitions (Textual) [Abstract]
Intangible asset, estimated amortization period		20 years

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Summary of Significant Accounting Policies (Tables)

3 Months Ended

Mar. 31, 2015

Accounting Policies [Abstract]

Components of basic and diluted weighted-average shares

The following table presents information about basic and diluted weighted-average shares outstanding:

	Three Months Ended   March 31,
(in thousands)	2015			2014
Numerator (for basic and diluted earnings per share)
Net loss attributable to the shareholders of The E.W. Scripps Company	$	(5,100	)	$	(612	)
Less income allocated to RSUs	—			—
Numerator for basic and diluted earnings per share	$	(5,100	)	$	(612	)
Denominator
Basic weighted-average shares outstanding	57,335			56,084
Effect of dilutive securities:
Stock options held by employees and directors	—			—
Diluted weighted-average shares outstanding	57,335			56,084
Anti-dilutive securities (1)	1,728			3,985

⁽¹⁾ Amount outstanding at balance sheet date, before application of the treasury stock method and not weighted for period outstanding.

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Acquisitions (Tables)

3 Months Ended

Mar. 31, 2015

Business Combination, Separately Recognized Transactions [Line Items]

Pro forma results of operations

Pro forma results of operations, assuming the transaction had taken place at the beginning of 2013, are included in the following table. The pro forma information includes the historical results of operations of Scripps and the Acquired Granite Stations and adjustments for additional depreciation and amortization of the assets acquired. The pro forma information does not include efficiencies, cost reductions or synergies expected to result from the acquisition. The unaudited pro forma financial information is not necessarily indicative of the results that actually would have occurred had the acquisition been completed at the beginning of the period. Reported results for the three months ended March 31,2015 include the impact of the Acquired Granite Stations and therefore are not presented as pro forma results.

(in thousands, except per share data) (unaudited)	Three Months Ended   March 31, 2014
Operating revenues	$	211,158
Income from operations attributable to the shareholders of The E.W. Scripps Company	(110		)
Loss per share from operations attributable to the shareholders of The E.W. Scripps Company:
Basic	$	—
Diluted	—

Detroit MyNetworkTV affiliate and Buffalo ABC affiliate

Business Combination, Separately Recognized Transactions [Line Items]

Fair values of the assets acquired and the liabilities assumed

(in thousands)
Assets:
Property, plant and equipment	$	12,025
Intangible assets	53,500
Goodwill	44,715
Total assets acquired	110,240
Current liabilities	240
Net purchase price	$	110,000

Media Convergence Group (Newsy)

Business Combination, Separately Recognized Transactions [Line Items]

Fair values of the assets acquired and the liabilities assumed

(in thousands)
Assets:
Accounts receivable	$	640
Other assets	74
Equipment and software	631
Intangible assets	5,900
Goodwill	28,983
Total assets acquired	36,228
Current liabilities	116
Long-term deferred liability	890
Net purchase price	$	35,222

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Condensed Consolidated Statements of Equity (USD $)		Total	Common Stock	Additional Paid-in Capital	Retained Earnings	Accumulated Other Comprehensive Loss	Noncontrolling Interests
Balance at Dec. 31, 2013		$ 547,737,000	$ 560,000	$ 509,243,000	$ 116,893,000	$ (80,923,000)	$ 1,964,000
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net (loss) income		(612,000)			(612,000)
Net loss attributable to noncontrolling interests		0
Net loss, continuing operations		(612,000)
Changes in defined benefit pension plans		444,000				444,000
Changes in fair value of derivative		59,000				59,000
Compensation plans: 1,065,619 net shares issued in 2014 and 805,560 in 2015	[1]	6,395,000	11,000	6,384,000
Repurchase 988,990 Class A Common shares in 2014		(17,828,000)	(10,000)	(10,469,000)	(7,349,000)
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest at Mar. 31, 2014		536,195,000	561,000	505,158,000	108,932,000	(80,420,000)	1,964,000
Balance at Dec. 31, 2014		519,933,000	570,000	525,456,000	118,693,000	(126,443,000)	1,657,000
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net (loss) income		(5,100,000)			(5,100,000)
Net loss attributable to noncontrolling interests		0
Net loss, continuing operations		(5,100,000)
Changes in defined benefit pension plans		757,000				757,000
Changes in fair value of derivative		60,000				60,000
Compensation plans: 1,065,619 net shares issued in 2014 and 805,560 in 2015	[1]	1,305,000	8,000	1,297,000
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest at Mar. 31, 2015		$ 516,955,000	$ 578,000	$ 526,753,000	$ 113,593,000	$ (125,626,000)	$ 1,657,000

[1] * Net of tax payments related to shares withheld for vested stock and RSUs of $4,872 in 2015 and $3,835 in 2014.

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Goodwill and Other Intangible Assets (Tables)

3 Months Ended

Mar. 31, 2015

Goodwill and Intangible Assets Disclosure [Abstract]

Goodwill by business segment

Goodwill by business segment was as follows:

(in thousands)	Television			Newspapers			Syndication and other		Total
Gross balance as of December 31, 2014	$	288,095		$	778,900		$	33,580	$	1,100,575
Accumulated impairment losses	(215,414		)	(778,900		)	—		(994,314		)
Net balance as of December 31, 2014	$	72,681		$	—		$	33,580	$	106,261
Gross balance as of March 31, 2015	$	288,095		$	778,900		$	33,580	$	1,100,575
Accumulated impairment losses	(215,414		)	(778,900		)	—		(994,314		)
Net balance as of March 31, 2015	$	72,681		$	—		$	33,580	$	106,261

Summary of other intangible assets

Other intangible assets consisted of the following:

(in thousands)	As of   March 31,   2015			As of   December 31,   2014
Amortizable intangible assets:
Carrying amount:
Television network affiliation relationships	$	93,944		$	93,944
Customer lists and advertiser relationships	30,404			30,404
Other	5,761			5,761
Total carrying amount	130,109			130,109
Accumulated amortization:
Television network affiliation relationships	(15,268		)	(14,092		)
Customer lists and advertiser relationships	(17,068		)	(16,416		)
Other	(2,925		)	(2,556		)
Total accumulated amortization	(35,261		)	(33,064		)
Net amortizable intangible assets	94,848			97,045
Other indefinite-lived intangible assets — FCC licenses	92,215			92,215
Total other intangible assets	$	187,063		$	189,260

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Capital Stock (Tables)

3 Months Ended

Mar. 31, 2015

Equity [Abstract]

Schedule of options outstanding and exercisable

Information about options outstanding and options exercisable by year of grant as of March 31, 2015 is as follows:

			Options Outstanding and Exercisable
Year of Grant	Range of Exercise Prices	Average Remaining Term (in years)	Options on Shares Outstanding	Weighted Average Exercise Price		Aggregate Intrinsic Value (in millions)
2006 – expire in 2016	$10	1.10	32,861	9.96		$	0.6
2007 – expire in 2017	9	2.07	32,861	9.24		0.6
2008 – expire in 2018	7-10	3.04	1,198,618	8.60		23.8
Total	$7-10	2.96	1,264,340	$	8.65	$	25.0

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Long-Term Debt - Components of Long-Term Debt (Details) (USD $) In Thousands, unless otherwise specified	Mar. 31, 2015		Dec. 31, 2014
Components of Long-term debt
Long-term debt	$ 197,500		$ 198,000
Current portion of long-term debt	2,000		2,000
Long-term debt (less current portion)	195,500		196,000
Fair value of long-term debt	197,500	[1]	194,000
Variable rate credit facility
Components of Long-term debt
Long-term debt	0		0
Term loan
Components of Long-term debt
Long-term debt	$ 197,500		$ 198,000

[1] * Fair value of the term loan was estimated based on quoted private market transactions and is classified as Level 1 in the fair value hierarchy.

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Condensed Consolidated Balance Sheets (Unaudited) (USD $) In Thousands, unless otherwise specified	Mar. 31, 2015	Dec. 31, 2014
Current assets:
Cash and cash equivalents	$ 159,489	$ 158,459
Restricted cash	6,810	6,810
Accounts and notes receivable (less allowances - $2,239 and $2,136)	136,695	136,567
Inventory	5,831	6,183
Deferred income taxes	17,146	12,836
Miscellaneous	10,229	7,805
Total current assets	336,200	328,660
Investments	14,698	9,530
Property, plant and equipment	336,588	343,389
Goodwill	106,261	106,261
Other intangible assets	187,063	189,260
Deferred income taxes	35,936	37,946
Miscellaneous	15,780	17,685
Total Assets	1,032,526	1,032,731
Current liabilities:
Accounts payable	17,123	21,004
Customer deposits and unearned revenue	27,242	29,948
Current portion of long-term debt	2,000	2,000
Accrued liabilities:
Employee compensation and benefits	33,241	33,305
Miscellaneous	35,277	38,123
Other current liabilities	23,246	10,158
Total current liabilities	138,129	134,538
Long-term debt (less current portion)	195,500	196,000
Other liabilities (less current portion)	181,942	182,260
Equity:
Preferred stock, $.01 par — authorized: 25,000,000 shares; none outstanding	0	0
Common stock, $.01 par: Class A - authorized: 240,000,000 shares; issued and outstanding; 45,868,082 and 45,062,522 shares; Voting - authorized: 60,000,000 shares; issued and outstanding; 11,932,722 and 11,932,722 shares	578	570
Additional paid-in capital	526,753	525,456
Retained earnings	113,593	118,693
Accumulated other comprehensive loss, net of income taxes	(125,626)	(126,443)
The E.W. Scripps Company total shareholders’ equity	515,298	518,276
Noncontrolling interest	1,657	1,657
Total equity	516,955	519,933
Total Liabilities and Equity	1,032,526	1,032,731
Common stock, Class A
Equity:
Common stock, $.01 par: Class A - authorized: 240,000,000 shares; issued and outstanding; 45,868,082 and 45,062,522 shares; Voting - authorized: 60,000,000 shares; issued and outstanding; 11,932,722 and 11,932,722 shares	459	451
Voting common stock
Equity:
Common stock, $.01 par: Class A - authorized: 240,000,000 shares; issued and outstanding; 45,868,082 and 45,062,522 shares; Voting - authorized: 60,000,000 shares; issued and outstanding; 11,932,722 and 11,932,722 shares	$ 119	$ 119

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Acquisitions - Fair Value of Assets Acquired and Liabilities Assumed (Details) (USD $) In Thousands, unless otherwise specified	Mar. 31, 2015	Dec. 31, 2014	Jan. 01, 2014	Jun. 16, 2014
Business Combination, Recognized Identifiable Assets Acquired, Goodwill, and Liabilities Assumed, Net [Abstract]
Intangible assets			$ 5,900
Goodwill	106,261	106,261
Detroit MyNetworkTV affiliate and Buffalo ABC affiliate
Business Combination, Recognized Identifiable Assets Acquired, Goodwill, and Liabilities Assumed, Net [Abstract]
Property, plant, equipment and software				12,025
Intangible assets				53,500
Goodwill				44,715
Total assets acquired				110,240
Current liabilities				240
Net purchase price				110,000
Media Convergence Group (Newsy)
Business Combination, Recognized Identifiable Assets Acquired, Goodwill, and Liabilities Assumed, Net [Abstract]
Accounts receivable			640
Other assets			74
Property, plant, equipment and software			631
Intangible assets			5,900
Goodwill			28,983
Total assets acquired			36,228
Current liabilities			116
Long-term deferred liability			890
Net purchase price			$ 35,222

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Condensed Consolidated Statements of Comprehensive Loss (Parenthetical) (USD $) In Thousands, unless otherwise specified	3 Months Ended
	Mar. 31, 2015	Mar. 31, 2014
Changes in fair value of derivatives, tax amount	$ 36	$ 37
Changes in defined benefit pension plans, tax amount	$ 458	$ 280

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Other Liabilities - Additional Information (Details) (USD $) In Thousands, unless otherwise specified	Mar. 31, 2015	Dec. 31, 2014
Other liabilities
Employee compensation and benefits	$ 20,555	$ 19,537
Liability for pension benefits	140,694	139,789
Liabilities for uncertain tax positions	6,791	6,741
Other	13,902	16,193
Other liabilities (less current portion)	$ 181,942	$ 182,260

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Fair Value Measurement (Tables)

3 Months Ended

Mar. 31, 2015

Fair Value Disclosures [Abstract]

Assets and liabilities that are measured at fair value on a recurring basis

The following tables set forth our assets and liabilities that are measured at fair value on a recurring basis at March 31, 2015 and December 31, 2014:

	As of March 31, 2015
(in thousands)	Total			Level 1		Level 2			Level 3
Assets/(Liabilities):
Cash equivalents	$	10,000		$	10,000	$	—		$	—
Interest rate swap	(645		)	—		(645		)	—

	As of December 31, 2014
(in thousands)	Total			Level 1		Level 2			Level 3
Assets/(Liabilities):
Cash equivalents	$	10,000		$	10,000	$	—		$	—
Interest rate swap	(471		)	—		(471		)	—

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Segment Information - Schedule of Business Segments (Details) (USD $)	3 Months Ended
	Mar. 31, 2015	Mar. 31, 2014
Information regarding business segments
Total operating revenues	$ 214,500,000	$ 203,794,000
Defined benefit pension plan expense	(2,762,000)	(1,378,000)
Acquisition and related integration costs	(6,109,000)	(262,000)
Depreciation and amortization of intangibles	(12,167,000)	(11,729,000)
Gains (losses), net on disposal of property, plant and equipment	100,000	(68,000)
Interest expense	(2,052,000)	(2,254,000)
Miscellaneous, net	(1,324,000)	(445,000)
Loss from operations before income taxes	(7,844,000)	(761,000)
Depreciation:
Total depreciation	9,971,000	9,808,000
Amortization of intangibles:
Syndication and other	2,196,000	1,921,000
Additions to property, plant and equipment:
Total additions to property, plant and equipment	3,339,000	2,584,000
Television
Information regarding business segments
Total operating revenues	119,538,000	102,142,000
Segment profit (loss)	22,202,000	20,972,000
Depreciation:
Total depreciation	5,386,000	5,111,000
Amortization of intangibles:
Syndication and other	1,888,000	1,599,000
Additions to property, plant and equipment:
Total additions to property, plant and equipment	1,941,000	1,732,000
Newspapers
Information regarding business segments
Total operating revenues	91,478,000	98,490,000
Segment profit (loss)	9,075,000	8,549,000
Depreciation:
Total depreciation	3,784,000	3,987,000
Amortization of intangibles:
Syndication and other	88,000	118,000
Additions to property, plant and equipment:
Total additions to property, plant and equipment	1,034,000	219,000
Syndication and other
Information regarding business segments
Total operating revenues	3,484,000	3,162,000
Segment profit (loss)	(243,000)	212,000
Depreciation:
Total depreciation	184,000	98,000
Amortization of intangibles:
Syndication and other	220,000	204,000
Additions to property, plant and equipment:
Total additions to property, plant and equipment	85,000	28,000
Shared services and corporate
Information regarding business segments
Segment profit (loss)	(14,564,000)	(14,358,000)
Depreciation:
Total depreciation	617,000	612,000
Additions to property, plant and equipment:
Total additions to property, plant and equipment	$ 279,000	$ 605,000

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Supplemental Cash Flow Information

3 Months Ended

Mar. 31, 2015

Supplemental Cash Flow Elements [Abstract]

Supplemental Cash Flow Information

Supplemental Cash Flow Information

The following table presents additional information about the change in certain working capital accounts:

	Three Months Ended   March 31,
(in thousands)	2015			2014
Other changes in certain working capital accounts, net
Accounts and notes receivable	$	(128	)	$	15,433
Accounts payable	(3,881		)	(1,829		)
Accrued employee compensation and benefits	(64		)	1,667
Other accrued liabilities	(2,237		)	(432		)
Other, net	(4,431		)	(199		)
Total	$	(10,741	)	$	14,640

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Other Liabilities (Tables)

3 Months Ended

Mar. 31, 2015

Other Liabilities Disclosure [Abstract]

Other liabilities

Other liabilities consisted of the following:

(in thousands)	As of   March 31,   2015		As of   December 31,   2014
Employee compensation and benefits	$	20,555	$	19,537
Liability for pension benefits	140,694		139,789
Liabilities for uncertain tax positions	6,791		6,741
Other	13,902		16,193
Other liabilities (less current portion)	$	181,942	$	182,260

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Segment Information

3 Months Ended

Mar. 31, 2015

Segment Reporting [Abstract]

Segment Information

Segment Information

We determine our business segments based upon our management and internal reporting structure. Our reportable segments are strategic businesses that offer different products and services.

Our television segment includes 11 ABC affiliates, three NBC affiliates and two independent stations, which we operate as duopolies with our Kansas City NBC affiliate and our Detroit ABC affiliate. We also own five Azteca America affiliates. Our television stations reach approximately 14% of the nation’s households. Television stations earn revenue primarily from the sale of advertising time to local and national advertisers and retransmission fees received from cable operators and satellite carriers.

Our newspaper segment includes daily and community newspapers in 13 markets across the United States. Newspapers earn revenue primarily from the sale of advertising space to local and national advertisers and newspaper subscription fees.

Syndication and other primarily includes certain digital operations outside of our television and newspaper markets and syndication of news features and comics and other features for the newspaper industry. Newsy, a digital video news service, and WeatherSphere, a provider of weather-related mobile apps, are also included in syndication and other.

We allocate a portion of certain corporate costs and expenses, including information technology, certain employee benefits, digital operation services and other shared services, to our business segments. The allocations are generally amounts agreed upon by management, which may differ from an arms-length amount. Corporate assets are primarily cash and cash equivalents, restricted cash, property and equipment primarily used for corporate purposes, and deferred income taxes. A portion of our digital operations, which is not allocated to our television and newspaper segments, is included in shared services and corporate.

Our chief operating decision maker evaluates the operating performance of our business segments and makes decisions about the allocation of resources to our business segments using a measure called segment profit. Segment profit excludes interest, defined benefit pension plan expense (other than current service cost), income taxes, depreciation and amortization, impairment charges, divested operating units, restructuring activities, investment results and certain other items that are included in net income (loss) determined in accordance with accounting principles generally accepted in the United States of America.

Beginning in the second quarter of 2015, we will report the following segments: television, radio, digital and syndication and other.

Information regarding our business segments is as follows:

	Three Months Ended   March 31,
(in thousands)	2015			2014
Segment operating revenues:
Television	$	119,538		$	102,142
Newspapers	91,478			98,490
Syndication and other	3,484			3,162
Total operating revenues	$	214,500		$	203,794
Segment profit (loss):
Television	$	22,202		$	20,972
Newspapers	9,075			8,549
Syndication and other	(243		)	212
Shared services and corporate	(14,564		)	(14,358		)
Defined benefit pension plan expense	(2,762		)	(1,378		)
Acquisition and related integration costs	(6,109		)	(262		)
Depreciation and amortization of intangibles	(12,167		)	(11,729		)
Gains (losses), net on disposal of property, plant and equipment	100			(68		)
Interest expense	(2,052		)	(2,254		)
Miscellaneous, net	(1,324		)	(445		)
Loss from operations before income taxes	$	(7,844	)	$	(761	)
Depreciation:
Television	$	5,386		$	5,111
Newspapers	3,784			3,987
Syndication and other	184			98
Shared services and corporate	617			612
Total depreciation	$	9,971		$	9,808
Amortization of intangibles:
Television	$	1,888		$	1,599
Newspapers	88			118
Syndication and other	220			204
Total amortization of intangibles	$	2,196		$	1,921
Additions to property, plant and equipment:
Television	$	1,941		$	1,732
Newspapers	1,034			219
Syndication and other	85			28
Shared services and corporate	279			605
Total additions to property, plant and equipment	$	3,339		$	2,584

No single customer provides more than 10% of our revenue.

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Accumulated Other Comprehensive Loss (Details) (USD $) In Thousands, unless otherwise specified	3 Months Ended
	Mar. 31, 2015		Mar. 31, 2014
Accumulated Other Comprehensive Loss [Roll Forward]
Beginning balance	$ (126,443)		$ (80,923)
Other comprehensive income before reclassifications	0		0
Amounts reclassified from accumulated other comprehensive loss, Interest rate swap	60	[1]	59	[1]
Amounts reclassified from accumulated other comprehensive loss, Actuarial loss	757	[2]	444	[2]
Ending balance	(125,626)		(80,420)
Reclassification out of Accumulated Other Comprehensive Income
Accumulated Other Comprehensive Loss [Roll Forward]
Net current-period other comprehensive income	817		503
Gains and Losses on Derivatives
Accumulated Other Comprehensive Loss [Roll Forward]
Beginning balance			(718)
Other comprehensive income before reclassifications			0
Ending balance			(659)
Gains and Losses on Derivatives | Interest rate swaps
Accumulated Other Comprehensive Loss [Roll Forward]
Amounts reclassified from accumulated other comprehensive loss, Interest rate swap			59	[1]
Gains and Losses on Derivatives | Reclassification out of Accumulated Other Comprehensive Income
Accumulated Other Comprehensive Loss [Roll Forward]
Amounts reclassified from accumulated other comprehensive loss, Actuarial loss			0	[2]
Net current-period other comprehensive income			59
Gains and Losses on Derivatives | Reclassification out of Accumulated Other Comprehensive Income | Interest rate swaps
Accumulated Other Comprehensive Loss [Roll Forward]
Amounts reclassified from accumulated other comprehensive loss, Interest rate swap, tax			37
Defined Benefit Pension Items
Accumulated Other Comprehensive Loss [Roll Forward]
Beginning balance	(125,877)		(80,377)
Other comprehensive income before reclassifications	0		0
Amounts reclassified from accumulated other comprehensive loss, Interest rate swap	0	[1]	0	[1]
Ending balance	(125,120)		(79,933)
Defined Benefit Pension Items | Reclassification out of Accumulated Other Comprehensive Income
Accumulated Other Comprehensive Loss [Roll Forward]
Amounts reclassified from accumulated other comprehensive loss, Actuarial loss	757	[2]	444	[2]
Amounts reclassification from accumulated other comprehensive loss, Actuarial loss, tax	458		280
Net current-period other comprehensive income	757		444
Other
Accumulated Other Comprehensive Loss [Roll Forward]
Beginning balance	(87)		172
Other comprehensive income before reclassifications	0		0
Amounts reclassified from accumulated other comprehensive loss, Interest rate swap	0	[1]	0	[1]
Ending balance	(87)		172
Other | Reclassification out of Accumulated Other Comprehensive Income
Accumulated Other Comprehensive Loss [Roll Forward]
Amounts reclassified from accumulated other comprehensive loss, Actuarial loss	0	[2]	0	[2]
Net current-period other comprehensive income	0		0
Gain or Loss on Derivatives [Member]
Accumulated Other Comprehensive Loss [Roll Forward]
Beginning balance	(479)
Other comprehensive income before reclassifications	0
Ending balance	(419)
Gain or Loss on Derivatives [Member] | Interest rate swaps
Accumulated Other Comprehensive Loss [Roll Forward]
Amounts reclassified from accumulated other comprehensive loss, Interest rate swap	60	[1]
Gain or Loss on Derivatives [Member] | Reclassification out of Accumulated Other Comprehensive Income
Accumulated Other Comprehensive Loss [Roll Forward]
Amounts reclassified from accumulated other comprehensive loss, Actuarial loss	0	[2]
Net current-period other comprehensive income	60
Gain or Loss on Derivatives [Member] | Reclassification out of Accumulated Other Comprehensive Income | Interest rate swaps
Accumulated Other Comprehensive Loss [Roll Forward]
Amounts reclassified from accumulated other comprehensive loss, Interest rate swap, tax	$ 36

[1] (a) Interest rate swap is included in interest expense in the Condensed Consolidated Statements of Operations

[2] (b) Actuarial loss is included in defined benefit pension plan expense in the Condensed Consolidated Statements of Operations

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Condednsed Consolidated Statements of Cash Flows (USD $) In Thousands, unless otherwise specified	3 Months Ended
	Mar. 31, 2015	Mar. 31, 2014
Cash Flows from Operating Activities:
Net loss	$ (5,100)	$ (612)
Adjustments to reconcile net loss to net cash flows from operating activities:
Depreciation and amortization	12,167	11,729
Deferred income taxes	(2,794)	(304)
Stock and deferred compensation plans	3,142	2,941
Pension expense, net of payments	2,606	1,021
Other changes in certain working capital accounts, net	(10,741)	14,640
Miscellaneous, net	702	45
Net cash (used in) provided by operating activities	(18)	29,460
Cash Flows from Investing Activities:
Acquisitions	0	(46,000)
Additions to property, plant and equipment	(3,339)	(2,584)
Purchase of investments	(7,280)	(153)
Change in restricted cash	0	1,400
Miscellaneous, net	308	361
Net cash used in investing activities	(10,311)	(46,976)
Cash Flows from Financing Activities:
Payments on long-term debt	(500)	(500)
Repurchase of Class A Common shares	0	(17,828)
Proceeds from employee stock options	4,262	6,855
Tax payments related to shares withheld for RSU vesting	(4,872)	(3,835)
Miscellaneous, net	12,469	(1,312)
Net cash provided by (used in) financing activities	11,359	(16,620)
Increase (decrease) in cash and cash equivalents	1,030	(34,136)
Cash and cash equivalents:
Beginning of year	158,459	221,255
End of period	159,489	187,119
Supplemental Cash Flow Disclosures
Interest paid	1,718	1,972
Income taxes paid	$ 557	$ 367

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Condensed Consolidated Balance Sheets (Parenthetical) (USD $) In Thousands, except Share data, unless otherwise specified	Mar. 31, 2015	Dec. 31, 2014
Allowances for accounts and notes receivable	$ 2,239	$ 2,136
Preferred stock, par value (USD per share)	$ 0.01	$ 0.01
Preferred stock, shares authorized	25,000,000	25,000,000
Preferred stock, shares outstanding	0	0
Common stock, par value (USD per share)	$ 0.01	$ 0.01
Common stock, Class A
Common stock, shares authorized	240,000,000	240,000,000
Common stock, shares issued	45,868,082	45,062,522
Common stock, shares outstanding	45,868,082	45,062,522
Voting common stock
Common stock, shares authorized	60,000,000	60,000,000
Common stock, shares issued	11,932,722	11,932,722
Common stock, shares outstanding	11,932,722	11,932,722

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Long-Term Debt

3 Months Ended

Mar. 31, 2015

Debt Disclosure [Abstract]

Long-Term Debt

Long-Term Debt

Long-term debt consisted of the following:

(in thousands)	As of   March 31,   2015		As of   December 31,   2014
Variable rate credit facility	$	—	$	—
Term loan	197,500		198,000
Long-term debt	197,500		198,000
Current portion of long-term debt	2,000		2,000
Long-term debt (less current portion)	$	195,500	$	196,000
Fair value of long-term debt *	$	197,500	$	194,000

* Fair value of the term loan was estimated based on quoted private market transactions and is classified as Level 1 in the fair value hierarchy.

We have a $275 million revolving credit and term loan agreement (“Financing Agreement”). The Financing Agreement includes a $200 million term loan B maturing in November 2020 and a $75 million revolving credit facility maturing in November 2018.

The Financing Agreement includes the maintenance of a net leverage ratio if we borrow more than 20% on the revolving credit facility. The term loan B requires that if we borrow additional amounts or make a permitted acquisition that we cannot exceed a stated net leverage ratio on a pro forma basis at the date of the transaction.

Interest is payable on the term loan B at rates based on LIBOR with a 0.75% floor, plus a fixed margin of 2.50%. Interest is payable on the revolving credit facility at rates based on LIBOR plus a margin based on our leverage ratio ranging from 2.25% to 2.75%. As of March 31, 2015 and December 31, 2014, the interest rate was 3.25% on the term loan B. The Financing Agreement also includes a provision that in certain circumstances we must use a portion of excess cash flow to repay debt. As of March 31, 2015, we were not required to make additional principal payments based on excess cash flow. The weighted-average interest rate on borrowings was 3.25% for the three months ended March 31,2015 and 2014, respectively.

Scheduled principal payments on long-term debt at March 31, 2015 are: $1.5 million for the remainder of 2015, $2.0 million in 2016, $2.0 million in 2017, $2.0 million in 2018, $2.0 million in 2019 and $188.0 million in 2020.

Under the terms of the Financing Agreement, we granted the lenders mortgages on certain of our real property, pledges of our equity interests in our subsidiaries and security interests in substantially all other personal property including cash, accounts receivables, inventories and equipment.

The Financing Agreement allows us to make restricted payments (dividends and share repurchases) up to $50 million plus additional amounts based on our financial results and condition. We can also make additional stock repurchases equal to the amount of proceeds that we receive from the exercise of stock options held by our employees. Additionally, we can make acquisitions as long as the pro forma net leverage ratio is less than 4.5 to 1.0.

Commitment fees of 0.30% to 0.50% per annum, based on our leverage ratio, of the total unused commitment are payable under the revolving credit facility.

As of March 31, 2015 and December 31, 2014, we had outstanding letters of credit totaling $0.2 million.

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Document and Entity Information	3 Months Ended
	Mar. 31, 2015	Apr. 21, 2015
Document Information [Line Items]
Entity Registrant Name	E.W. SCRIPPS Co
Entity Central Index Key	0000832428
Current Fiscal Year End Date	--12-31
Entity Filer Category	Accelerated Filer
Document Type	10-Q
Document Period End Date	Mar. 31, 2015
Document Fiscal Year Focus	2015
Document Fiscal Period Focus	Q1
Amendment Flag	false
Common Class A
Document Information [Line Items]
Entity Common Stock, Shares Outstanding		72,253,069
Voting common stock
Document Information [Line Items]
Entity Common Stock, Shares Outstanding		11,932,722

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Financial Instruments

3 Months Ended

Mar. 31, 2015

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Financial Instruments

Financial Instruments

We are exposed to various market risks, including changes in interest rates. To manage risks associated with the volatility of changes in interest rates, we may enter into interest rate management instruments.

We may utilize interest rate swaps to manage our interest expense exposure by fixing our interest rate on portions of our floating rate term loan. We have entered into a $75 million notional value interest rate swap expiring in December 2016 which provides for a fixed interest rate of 1.08%. We did not provide or receive any collateral for this contract. The fair value of this financial derivative, which was designated as and qualified as a cash flow hedge through November 2013, is determined using the market standard methodology of netting the discounted future fixed cash receipts (or payments) and the discounted expected variable cash payments (or receipts). The variable cash payments (or receipts) are based on the expectation of future interest rates (forward curves) derived from observed market interest rate curves and implied volatilities. In addition, credit valuation adjustments, which consider the impact of any credit enhancements to the contracts, are incorporated in the fair values to account for potential nonperformance risk.

Fair Value of Derivative Instruments

The notional amounts and fair values of derivative instruments are shown in the table below:

	As of March 31, 2015						As of December 31, 2014
	Notional amount		Fair value				Notional amount		Fair value
(in thousands)			Asset		Liability (1)				Asset		Liability (1)
Undesignated derivatives:
Interest rate swap	$	75,000	$	—	$	645	$	75,000	$	—	$	471

⁽¹⁾ Balance recorded as other liabilities in Condensed Consolidated Balance Sheets

Through November 2013, the above derivative instrument was designated as and qualified as a cash flow hedge and the effective portion of the unrealized gains and losses on the derivative was reported as a component of accumulated other comprehensive loss and reclassified into earnings in the periods during which the hedged transactions affected earnings. Upon refinancing our term loan in November 2013, this hedge no longer qualified as a cash flow hedge and gains and losses on the derivative are recorded in current period earnings. The balance in accumulated other comprehensive loss at the date of discontinuance of hedge accounting is being amortized into earnings on a straight-line basis through December 2016. For the period ended March 31, 2015, approximately $0.1 million was amortized into earnings from accumulated other comprehensive loss and is included in the table below as amounts reclassified from accumulated OCL, gain/(loss).

	Three Months Ended   March 31,
(in thousands)	2015		2014
Amounts reclassified from accumulated OCL, gain/(loss)	96		96
Gain/(loss) on derivative	(174	)	49

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Condensed Consolidated Statements of Operations (Unaudited) (USD $) In Thousands, except Per Share data, unless otherwise specified	3 Months Ended
	Mar. 31, 2015	Mar. 31, 2014
Operating Revenues:
Advertising	$ 144,076	$ 146,770
Subscriptions	31,276	32,299
Retransmission	27,918	12,474
Other	11,230	12,251
Total operating revenues	214,500	203,794
Costs and Expenses:
Employee compensation and benefits	105,149	101,749
Programs and program licenses	21,132	12,968
Newsprint, press supplies and other printing costs	10,766	12,038
Newspaper distribution	11,326	11,916
Other expenses	49,657	49,748
Defined benefit pension plan expense	2,762	1,378
Acquisition and related integration costs	6,109	262
Total costs and expenses	206,901	190,059
Depreciation, Amortization, and (Gains) Losses:
Depreciation	9,971	9,808
Amortization of intangible assets	2,196	1,921
(Gains) losses, net on disposal of property, plant and equipment	(100)	68
Net depreciation, amortization, and (gains) losses	12,067	11,797
Operating (loss) income	(4,468)	1,938
Interest expense	(2,052)	(2,254)
Miscellaneous, net	(1,324)	(445)
Loss from operations before income taxes	(7,844)	(761)
Benefit for income taxes	(2,744)	(149)
Net loss	(5,100)	(612)
Net loss attributable to noncontrolling interests	0	0
Net loss attributable to the shareholders of The E.W. Scripps Company	$ (5,100)	$ (612)
Net loss per basic share of common stock attributable to the shareholders of The E.W. Scripps Company	$ (0.09)	$ (0.01)
Net loss per diluted share of common stock attributable to the shareholders of The E.W. Scripps Company	$ (0.09)	$ (0.01)

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Acquisitions

3 Months Ended

Mar. 31, 2015

Business Combinations [Abstract]

Acquisitions

Acquisitions

On June 16, 2014, we closed our acquisition of two television stations owned by Granite Broadcasting Corporation — the Detroit MyNetworkTV affiliate WMYD-TV and the Buffalo, N.Y. ABC affiliate WKBW-TV ("Acquired Granite Stations") — for $110 million in cash. The acquisition of WMYD-TV created a duopoly with our Detroit ABC affiliate WXYZ-TV.

We finalized the determination of fair values of the assets acquired and the liabilities assumed in the fourth quarter of 2014. There were no material changes in the fair values of the assets acquired and the liabilities assumed from the preliminary amounts. The following table summarizes their final fair values.

(in thousands)
Assets:
Property, plant and equipment	$	12,025
Intangible assets	53,500
Goodwill	44,715
Total assets acquired	110,240
Current liabilities	240
Net purchase price	$	110,000

Of the $54 million allocated to intangible assets, $34 million was for FCC licenses which we determined to have an indefinite life and therefore are not amortized. The remaining balance of $19 million was allocated to television network affiliation relationships and advertiser relationships with estimated amortization periods of 10 to 20 years.

The goodwill of $45 million arising from the transaction consists largely of synergies and economies of scale and other benefits of a larger broadcast footprint, as well as synergies from being able to create a duopoly in our Detroit market. We allocated the goodwill to our television segment. We treated the transaction as an asset acquisition for income tax purposes resulting in a step-up in the assets acquired. The goodwill is deductible for income tax purposes.

Pro forma results of operations, assuming the transaction had taken place at the beginning of 2013, are included in the following table. The pro forma information includes the historical results of operations of Scripps and the Acquired Granite Stations and adjustments for additional depreciation and amortization of the assets acquired. The pro forma information does not include efficiencies, cost reductions or synergies expected to result from the acquisition. The unaudited pro forma financial information is not necessarily indicative of the results that actually would have occurred had the acquisition been completed at the beginning of the period. Reported results for the three months ended March 31,2015 include the impact of the Acquired Granite Stations and therefore are not presented as pro forma results.

(in thousands, except per share data) (unaudited)	Three Months Ended   March 31, 2014
Operating revenues	$	211,158
Income from operations attributable to the shareholders of The E.W. Scripps Company	(110		)
Loss per share from operations attributable to the shareholders of The E.W. Scripps Company:
Basic	$	—
Diluted	—

On January 1, 2014 we completed our acquisition of Media Convergence Group, Inc., which operates as Newsy, a digital video news provider, for $35 million in cash, plus a working capital adjustment of $0.2 million.

We finalized the determination of fair values of the assets acquired and the liabilities assumed in the fourth quarter of 2014. There were no material changes in the fair values of the assets acquired and the liabilities assumed from the preliminary amounts. The following table summarizes their final fair values.

(in thousands)
Assets:
Accounts receivable	$	640
Other assets	74
Equipment and software	631
Intangible assets	5,900
Goodwill	28,983
Total assets acquired	36,228
Current liabilities	116
Long-term deferred liability	890
Net purchase price	$	35,222

Of the $6 million allocated to intangible assets, $4 million was allocated to customer relationships with an estimated amortization period of 5 years and the balance of $2 million was allocated to various other intangible assets.

The goodwill of $29 million arising from the transaction consists largely of the benefit we will derive from being able to enter the digital video market with an established business. We allocated the goodwill to our syndication and other segment. We treated the transaction as a purchase of stock for income tax purposes with no step-up in the assets acquired. The goodwill is not be deductible for income tax purposes. We are not presenting any pro forma results of operations since the impact of the acquisition is not material to prior year results of operations.

On September 16, 2014, we completed our acquisition of Geoterrestrial, Inc. ("WeatherSphere") for $4 million. WeatherSphere is a provider of weather-related mobile apps. The stock purchase agreement includes an earnout provision, whereby up to an additional $2.5 million may be payable over a three year period. We have estimated the fair value of the earnout to be $1.2 million. We are not presenting any pro forma results of operations since the impact of the acquisition is not material to prior periods results of operations.

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Recently Adopted Standards and Issued Accounting Standards (Notes)

3 Months Ended

Mar. 31, 2015

Accounting Policies [Abstract]

Recently Adopted Standards and Issued Accounting Standards

Recently Adopted Standards and Issued Accounting Standards

Recently Issued Accounting Standards — In April 2014, the Financial Accounting Standards Board (FASB) issued new guidance on reporting and disclosure requirements as they relate to discontinued operations. With the new guidance, a disposal of a component or group of components of an entity is required to be reported in discontinued operations if the disposal represents a strategic shift that has or will have a major effect on an entity's operations and financial results. The amendments in this update are effective for all disposals, or classifications as held for sale, of components of an entity that occur within annual reporting periods beginning on or after December 15, 2014 and interim periods within those years.

In May 2014, the FASB issued new guidance on revenue recognition. Under this new standard, an entity shall recognize revenue when it transfers promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. The standard creates a five-step process that requires entities to exercise judgment when considering the terms of the contract(s) and all relevant facts and circumstances. This standard permits the use of either the retrospective or cumulative effect transition method and will be effective for us beginning in 2017. Early adoption is not permitted. We are currently assessing the impact this new guidance will have on our consolidated financial statements and have not yet determined a transition method.

In August 2014, the FASB issued new guidance related to the disclosures around going concern. The new standard provides guidance around management's responsibility to evaluate whether there is substantial doubt about an entity's ability to continue as a going concern and to provide related footnote disclosures. The new standard is effective for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2016. Early adoption is permitted. The adoption of this standard is not expected to have a material impact on our consolidated financial statements.

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Employee Benefit Plans

3 Months Ended

Mar. 31, 2015

Compensation and Retirement Disclosure [Abstract]

Employee Benefit Plans

Employee Benefit Plans

We sponsor various noncontributory defined benefit pension plans covering substantially all full-time employees that began employment prior to June 30, 2008. Benefits earned by employees are generally based upon employee compensation and years of service credits. We also have a non-qualified Supplemental Executive Retirement Plan ("SERP"). Effective June 30, 2009, we froze the accrual of benefits under our defined benefit pension plans and our SERP that cover the majority of our employees.

We sponsor a defined contribution plan covering substantially all non-union and certain union employees. We match a portion of employees' voluntary contributions to this plan. In connection with freezing the accrual of service credits under certain of our defined benefit pension plans, we began contributing additional amounts (referred to as transition credits) to certain employees' defined contribution retirement accounts in 2011. These transition credits, which will be made through the end of 2015, are determined based upon the employee’s age, compensation and years of service.

Other union-represented employees are covered by defined benefit pension plans jointly sponsored by us and the union, or by union-sponsored multi-employer plans.

The components of the expense consisted of the following:

	Three Months Ended   March 31,
(in thousands)	2015			2014
Service cost	$	—		$	21
Interest cost	6,449			6,278
Expected return on plan assets, net of expenses	(5,085		)	(5,859		)
Amortization of actuarial loss	1,132			642
Total for defined benefit plans	2,496			1,082
Multi-employer plans	59			119
SERP	266			296
Defined contribution plans	3,351			3,160
Net periodic benefit cost	$	6,172		$	4,657

We contributed $0.1 million to fund current benefit payments for our SERP during the three months ended March 31, 2015. We anticipate contributing an additional $1.4 million to fund the SERP’s benefit payments during the remainder of 2015. No contributions were made to our defined benefit pension plans during the first three months of 2015.

We participate in multi-employer pension plans that cover certain employees that are members of unions or trade associations that have a collective bargaining agreement with us. In 2014, unions ratified our plan to withdraw from the Graphics Communication International Union (GCIU) Employer Retirement Fund. Upon ratification of the agreement, we estimated the undiscounted liability to be approximately $6.5 million and recorded a liability of $4.1 million in 2014 for the present value withdrawal liability. Once we reach a final agreement with the GCIU, we either will pay the liability in a lump sum or make equal monthly installments over 20 years.

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Fair Value Measurement

3 Months Ended

Mar. 31, 2015

Fair Value Disclosures [Abstract]

Fair Value Measurement

Fair Value Measurement

We measure certain financial assets and liabilities at fair value on a recurring basis, such as cash equivalents and derivatives. The fair value of these financial assets and liabilities was determined based on three levels of inputs, of which the first two are considered observable and the last unobservable, that may be used to measure fair value. These levels of input are as follows:

• Level 1 — Quoted prices in active markets for identical assets or liabilities.

• Level 2 — Inputs, other than quoted market prices in active markets, that are observable either directly or indirectly.

• Level 3 — Unobservable inputs based on our own assumptions.

The following tables set forth our assets and liabilities that are measured at fair value on a recurring basis at March 31, 2015 and December 31, 2014:

	As of March 31, 2015
(in thousands)	Total			Level 1		Level 2			Level 3
Assets/(Liabilities):
Cash equivalents	$	10,000		$	10,000	$	—		$	—
Interest rate swap	(645		)	—		(645		)	—

	As of December 31, 2014
(in thousands)	Total			Level 1		Level 2			Level 3
Assets/(Liabilities):
Cash equivalents	$	10,000		$	10,000	$	—		$	—
Interest rate swap	(471		)	—		(471		)	—

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Restricted Cash

3 Months Ended

Mar. 31, 2015

Cash and Cash Equivalents [Abstract]

Restricted Cash

Restricted Cash

At March 31, 2015 and December 31, 2014, we had $6.8 million in a restricted cash account on deposit with our insurance carrier. This account serves as collateral, in place of an irrevocable stand-by letter of credit, to provide financial assurance that we will fulfill our obligations with respect to cash requirements associated with our workers compensation self-insurance. This cash is to remain on deposit with the carrier until all claims have been paid or we provide a letter of credit in lieu of the cash deposit.

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Noncontrolling Interests - Narrative (Details)	Mar. 31, 2015
Noncontrolling interest Memphis Newspaper
Noncontrolling Interest [Line Items]
Ownership percentage by noncontrolling owners	4.00%
Noncontrolling interest Evansville Newspaper
Noncontrolling Interest [Line Items]
Ownership percentage by noncontrolling owners	6.00%

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Income Taxes

3 Months Ended

Mar. 31, 2015

Income Tax Disclosure [Abstract]

Income Taxes

Income Taxes

We file a consolidated federal income tax return, consolidated unitary tax returns in certain states and other separate state income tax returns for our subsidiary companies.

The income tax provision for interim periods is generally determined based upon the expected effective income tax rate for the full year and the tax rate applicable to certain discrete transactions in the interim period. To determine the annual effective income tax rate, we must estimate both the total income (loss) before income tax for the full year and the jurisdictions in which that income (loss) is subject to tax. The actual effective income tax rate for the full year may differ from these estimates if income (loss) before income tax is greater than or less than what was estimated or if the allocation of income (loss) to jurisdictions in which it is taxed is different from the estimated allocations. We review and adjust our estimated effective income tax rate for the full year each quarter based upon our most recent estimates of income (loss) before income tax for the full year and the jurisdictions in which we expect that income will be taxed.

The effective income tax rate for the three months ended March 31,2015 and 2014 was 35.0% and 19.6%, respectively. The primary reason for the difference between these rates and the U.S. federal statutory rate of 35% is the impact of state taxes, non-deductible expenses and adjustments to reserves for uncertain tax positions (including interest).

Deferred tax assets totaled $53.1 million at March 31, 2015. Management believes that it is more likely than not that we will realize the benefits of our federal deferred tax assets and therefore has not recorded a valuation allowance for our federal deferred tax assets. If economic conditions worsen, future estimates of taxable income could be lower than our current estimates which may require valuation allowances to be recorded in future reporting periods.

We recognize state net operating loss carryforwards as deferred tax assets, subject to valuation allowances. At each balance sheet date, we estimate the amount of carryforwards that are not expected to be used prior to expiration of the carryforward period. The tax effect of the carryforwards that are not expected to be used prior to their expiration is included in the valuation allowance.

During the periods ended March 31, 2015 and 2014, deferred tax assets relating to employee share-based compensation from the vesting of RSU's and the exercise of stock options have not been recognized since we are in a net tax loss position for both periods. The additional tax benefits will be reflected as net operating loss carryforwards when we file our tax returns, but the additional tax benefits are not recorded under GAAP until the tax deduction reduces taxes payable. When the benefit is recognized, it will be recorded as additional paid-in capital. The amount of unrecognized tax deductions for the three months ended March 31,2015 and 2014 was approximately $16 million and $13 million, respectively.

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Other Charges and Credits

3 Months Ended

Mar. 31, 2015

Asset Write-Downs and Other Charges and Credits [Abstract]

Other Charges and Credits

Other Charges and Credits

Loss from operations was affected by the following:

Acquisition and related integration costs of $6.1 million for the three months endedMarch 31, 2015 include costs for spinning off our newspaper operations and merging with Journal's broadcast business.

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Goodwill and Other Intangible Assets

3 Months Ended

Mar. 31, 2015

Goodwill and Intangible Assets Disclosure [Abstract]

Goodwill and Other Intangible Assets

Goodwill and Other Intangible Assets

Goodwill by business segment was as follows:

(in thousands)	Television			Newspapers			Syndication and other		Total
Gross balance as of December 31, 2014	$	288,095		$	778,900		$	33,580	$	1,100,575
Accumulated impairment losses	(215,414		)	(778,900		)	—		(994,314		)
Net balance as of December 31, 2014	$	72,681		$	—		$	33,580	$	106,261
Gross balance as of March 31, 2015	$	288,095		$	778,900		$	33,580	$	1,100,575
Accumulated impairment losses	(215,414		)	(778,900		)	—		(994,314		)
Net balance as of March 31, 2015	$	72,681		$	—		$	33,580	$	106,261

Other intangible assets consisted of the following:

(in thousands)	As of   March 31,   2015			As of   December 31,   2014
Amortizable intangible assets:
Carrying amount:
Television network affiliation relationships	$	93,944		$	93,944
Customer lists and advertiser relationships	30,404			30,404
Other	5,761			5,761
Total carrying amount	130,109			130,109
Accumulated amortization:
Television network affiliation relationships	(15,268		)	(14,092		)
Customer lists and advertiser relationships	(17,068		)	(16,416		)
Other	(2,925		)	(2,556		)
Total accumulated amortization	(35,261		)	(33,064		)
Net amortizable intangible assets	94,848			97,045
Other indefinite-lived intangible assets — FCC licenses	92,215			92,215
Total other intangible assets	$	187,063		$	189,260

Estimated amortization expense of intangible assets for each of the next five years is $6.8 million for the remainder of 2015, $9.0 million in 2016, $6.5 million in 2017, $6.5 million in 2018, $5.5 million in 2019, $5.5 million in 2020, and $55.0 million in later years.

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Segment Information - Narrative (Details)	Mar. 31, 2015 customer
Segment Reporting Information [Line Items]
Number of major customers customers	0
Percentage of revenue by major customer	10.00%
Television
Segment Reporting Information [Line Items]
Percentage of market capture	14.00%
Television | ABC affiliates
Segment Reporting Information [Line Items]
Number of Affiliates	11
Television | NBC affiliates
Segment Reporting Information [Line Items]
Number of Affiliates	3
Television | Independent station
Segment Reporting Information [Line Items]
Number of Affiliates	2
Television | Azteca America affiliates
Segment Reporting Information [Line Items]
Number of Affiliates	5
Newspapers
Segment Reporting Information [Line Items]
Number of markets for daily and community newspapers	13

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Capital Stock - Narrative (Details) (USD $)	3 Months Ended	0 Months Ended	3 Months Ended
	Mar. 31, 2014	May 06, 2014	Mar. 31, 2015
Class of Stock [Line Items]
Classes of common shares			2
Minimum number of directors up for election to entitle shareholders to vote			3
Minumum percent of directors up for election to entitle shareholders to vote			33.33%
Stock repurchased during period, value	$ 17,828,000
Common stock, Class A
Class of Stock [Line Items]
Stock repurchase program, authorized amount		100,000,000
Stock repurchased during period, value			$ 0

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Employee Benefit Plans - Narrative (Details) (USD $) In Millions, unless otherwise specified	3 Months Ended
	Mar. 31, 2015
Defined Benefit Plan Disclosure [Line Items]
Withdrawal from multi-employer pension plan, undiscounted liability	$ 6.5
Withdrawal from multi-employer pension plan, recorded liability	4.1
Withdrawal from multi-employer pension plan, liability repayment, term	20 years
SERP
Defined Benefit Plan Disclosure [Line Items]
Contributions to benefit plan	0.1
Estimated future contributions	1.4
Defined benefit plans
Defined Benefit Plan Disclosure [Line Items]
Contributions to benefit plan	$ 0

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Financial Instruments (Tables)

3 Months Ended

Mar. 31, 2015

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Notional amounts and fair values of derivatives

The notional amounts and fair values of derivative instruments are shown in the table below:

	As of March 31, 2015						As of December 31, 2014
	Notional amount		Fair value				Notional amount		Fair value
(in thousands)			Asset		Liability (1)				Asset		Liability (1)
Undesignated derivatives:
Interest rate swap	$	75,000	$	—	$	645	$	75,000	$	—	$	471

⁽¹⁾ Balance recorded as other liabilities in Condensed Consolidated Balance Sheet

Effective portion of the unrealized gain and loss on the derivative

For the period ended March 31, 2015, approximately $0.1 million was amortized into earnings from accumulated other comprehensive loss and is included in the table below as amounts reclassified from accumulated OCL, gain/(loss).

	Three Months Ended   March 31,
(in thousands)	2015		2014
Amounts reclassified from accumulated OCL, gain/(loss)	96		96
Gain/(loss) on derivative	(174	)	49

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Goodwill and Other Intangible Assets - Summary of other intangible assets (Details) (USD $) In Thousands, unless otherwise specified	Mar. 31, 2015	Dec. 31, 2014
Carrying amount:
Total carrying amount	$ 130,109	$ 130,109
Accumulated amortization:
Total accumulated amortization	(35,261)	(33,064)
Net amortizable intangible assets	94,848	97,045
Total other intangible assets	187,063	189,260
Licensing agreements
Accumulated amortization:
Other indefinite-lived intangible assets — FCC licenses	92,215	92,215
Television network affiliation relationships
Carrying amount:
Total carrying amount	93,944	93,944
Accumulated amortization:
Total accumulated amortization	(15,268)	(14,092)
Customer lists and advertiser relationships
Carrying amount:
Total carrying amount	30,404	30,404
Accumulated amortization:
Total accumulated amortization	(17,068)	(16,416)
Other
Carrying amount:
Total carrying amount	5,761	5,761
Accumulated amortization:
Total accumulated amortization	$ (2,925)	$ (2,556)

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Noncontrolling Interests

3 Months Ended

Mar. 31, 2015

Noncontrolling Interest [Abstract]

Noncontrolling Interests

Noncontrolling Interests

Individuals and other entities own a 4% noncontrolling interest in the capital stock of the subsidiary company that publishes our Memphis newspaper and a 6% noncontrolling interest in the capital stock of the subsidiary company that publishes our Evansville newspaper. We are not required to redeem the noncontrolling interests in these subsidiary companies.

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Accumulated Other Comprehensive Loss

3 Months Ended

Mar. 31, 2015

Accumulated Other Comprehensive Income [Abstract]

Accumulated Other Comprehensive Loss

Accumulated Other Comprehensive Loss

Changes in accumulated other comprehensive loss ("AOCL") by component, including items reclassified out of AOCL, were as follows:

	Three Months Ended March 31, 2015
(in thousands)	Gains and Losses on Derivatives			Defined Benefit Pension Items			Other			Total
Beginning balance, December 31, 2014	$	(479	)	$	(125,877	)	$	(87	)	$	(126,443	)
Other comprehensive income before reclassifications	—			—			—			—
Amounts reclassified from accumulated other   comprehensive loss
Interest rate swap, net of tax of $36 (a)	60			—			—			60
Actuarial loss, net of tax of $458 (b)	—			757			—			757
Net current-period other comprehensive income	60			757			—			817
Ending balance, March 31, 2015	$	(419	)	$	(125,120	)	$	(87	)	$	(125,626	)

	Three Months Ended March 31, 2014
(in thousands)	Gains and Losses on Derivatives			Defined Benefit Pension Items			Other		Total
Beginning balance, December 31, 2013	$	(718	)	$	(80,377	)	$	172	$	(80,923	)
Other comprehensive income before reclassifications	—			—			—		—
Amounts reclassified from accumulated other   comprehensive loss
Interest rate swap, net of tax of $37 (a)	59			—			—		59
Actuarial loss, net of tax of $280 (b)	—			444			—		444
Net current-period other comprehensive income	59			444			—		503
Ending balance, March 31, 2014	$	(659	)	$	(79,933	)	$	172	$	(80,420	)

^(a) Interest rate swap is included in interest expense in the Condensed Consolidated Statements of Operations

^(b) Actuarial loss is included in defined benefit pension plan expense in the Condensed Consolidated Statements of Operations

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Restricted Cash - Narrative (Details) (USD $) In Thousands, unless otherwise specified	Mar. 31, 2015	Dec. 31, 2014
Cash and Cash Equivalents [Abstract]
Restricted cash	$ 6,810	$ 6,810

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Accumulated Other Comprehensive Loss (Tables)

3 Months Ended

Mar. 31, 2015

Accumulated Other Comprehensive Income [Abstract]

Schedule of Accumulated Other Comprehensive Loss

Changes in accumulated other comprehensive loss ("AOCL") by component, including items reclassified out of AOCL, were as follows:

	Three Months Ended March 31, 2015
(in thousands)	Gains and Losses on Derivatives			Defined Benefit Pension Items			Other			Total
Beginning balance, December 31, 2014	$	(479	)	$	(125,877	)	$	(87	)	$	(126,443	)
Other comprehensive income before reclassifications	—			—			—			—
Amounts reclassified from accumulated other   comprehensive loss
Interest rate swap, net of tax of $36 (a)	60			—			—			60
Actuarial loss, net of tax of $458 (b)	—			757			—			757
Net current-period other comprehensive income	60			757			—			817
Ending balance, March 31, 2015	$	(419	)	$	(125,120	)	$	(87	)	$	(125,626	)

	Three Months Ended March 31, 2014
(in thousands)	Gains and Losses on Derivatives			Defined Benefit Pension Items			Other		Total
Beginning balance, December 31, 2013	$	(718	)	$	(80,377	)	$	172	$	(80,923	)
Other comprehensive income before reclassifications	—			—			—		—
Amounts reclassified from accumulated other   comprehensive loss
Interest rate swap, net of tax of $37 (a)	59			—			—		59
Actuarial loss, net of tax of $280 (b)	—			444			—		444
Net current-period other comprehensive income	59			444			—		503
Ending balance, March 31, 2014	$	(659	)	$	(79,933	)	$	172	$	(80,420	)

^(a) Interest rate swap is included in interest expense in the Condensed Consolidated Statements of Operations

^(b) Actuarial loss is included in defined benefit pension plan expense in the Condensed Consolidated Statements of Operations

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Condensed Consolidated Statements of Comprehensive Loss (USD $) In Thousands, unless otherwise specified	3 Months Ended
	Mar. 31, 2015	Mar. 31, 2014
Net loss	$ (5,100)	$ (612)
Changes in fair value of derivative, net of tax of $36 and $37	60	59
Changes in defined benefit pension plans, net of tax of $458 and $280	757	444
Total comprehensive loss	(4,283)	(109)
Less comprehensive loss attributable to noncontrolling interest	0	0
Total comprehensive loss attributable to the shareholders of The E.W. Scripps Company	$ (4,283)	$ (109)

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Summary of Significant Accounting Policies

3 Months Ended

Mar. 31, 2015

Accounting Policies [Abstract]

Summary of Significant Accounting Policies

Summary of Significant Accounting Policies

As used in the Condensed Notes to Consolidated Financial Statements, the terms “Scripps,” “Company,” “we,” “our,” or “us” may, depending on the context, refer to The E.W. Scripps Company, to one or more of its consolidated subsidiary companies or to all of them taken as a whole.

Basis of Presentation — The condensed consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America for interim financial information and with the instructions to Form 10-Q and Rule 10-01 of Regulation S-X. The interim financial statements should be read in conjunction with the audited consolidated financial statements, including the notes thereto included in our 2014 Annual Report on Form 10-K. In management's opinion, all adjustments (consisting of normal recurring accruals) necessary for a fair presentation of the interim periods have been made.

Results of operations are not necessarily indicative of the results that may be expected for future interim periods or for the full year.

Nature of Operations — We are a diverse media enterprise with a portfolio of television, print and digital media brands. All of our media businesses provide content and advertising services via digital platforms, including the web, smartphones and tablets. Our media businesses are organized into the following reportable business segments: television, newspapers and syndication and other. Additional information for our business segments is presented in the Condensed Notes to Consolidated Financial Statements.

Use of Estimates — Preparing financial statements in accordance with accounting principles generally accepted in the United States of America requires us to make a variety of decisions that affect the reported amounts and the related disclosures. Such decisions include the selection of accounting principles that reflect the economic substance of the underlying transactions and the assumptions on which to base accounting estimates. In reaching such decisions, we apply judgment based on our understanding and analysis of the relevant circumstances, including our historical experience, actuarial studies and other assumptions.

On April 1, 2015, we distributed our newspaper business to our shareholders in a tax-free spin-off. See Note 18 for additional information on the spin-off.

Our financial statements include estimates and assumptions used in accounting for our defined benefit pension plans; the periods over which long-lived assets are depreciated or amortized; the fair value of long-lived assets, goodwill and indefinite lived assets; the liability for uncertain tax positions and valuation allowances against deferred income tax assets; the fair value of assets acquired and liabilities assumed in business combinations; and self-insured risks.

While we re-evaluate our estimates and assumptions on an ongoing basis, actual results could differ from those estimated at the time of preparation of the financial statements.

Revenue Recognition — We recognize revenue when persuasive evidence of a sales arrangement exists, delivery occurs or services are rendered, the sales price is fixed or determinable and collectability is reasonably assured. When a sales arrangement contains multiple elements, such as the sale of advertising and other services, we allocate revenue to each element based upon its relative fair value. We report revenue net of sales and other taxes collected from our customers.

Our primary sources of revenue are from the sale of print, broadcast and digital advertising, retransmission fees received from cable operators and satellite carriers and newspaper subscription fees.

The revenue recognition policies for each source of revenue are described in our 2014 Annual Report on Form 10-K.

Share-Based Compensation — We have a Long-Term Incentive Plan (the “Plan”) which is described more fully in our Annual Report on Form 10-K for the year ended December 31, 2014. The Plan provides for the award of incentive and nonqualified stock options, stock appreciation rights, restricted stock units (RSUs), unrestricted Class A Common shares and performance units to key employees and non-employee directors.

Share-based compensation costs totaled $1.9 million and $3.3 million for the first quarter of 2015 and 2014, respectively.

Earnings Per Share (“EPS”) — Unvested awards of share-based payments with rights to receive dividends or dividend equivalents, such as our RSUs, are considered participating securities for purposes of calculating EPS. Under the two-class method, we allocate a portion of net income to these participating securities and therefore exclude that income from the calculation of EPS for common stock. We do not allocate losses to the participating securities.

The following table presents information about basic and diluted weighted-average shares outstanding:

	Three Months Ended   March 31,
(in thousands)	2015			2014
Numerator (for basic and diluted earnings per share)
Net loss attributable to the shareholders of The E.W. Scripps Company	$	(5,100	)	$	(612	)
Less income allocated to RSUs	—			—
Numerator for basic and diluted earnings per share	$	(5,100	)	$	(612	)
Denominator
Basic weighted-average shares outstanding	57,335			56,084
Effect of dilutive securities:
Stock options held by employees and directors	—			—
Diluted weighted-average shares outstanding	57,335			56,084
Anti-dilutive securities (1)	1,728			3,985

⁽¹⁾ Amount outstanding at balance sheet date, before application of the treasury stock method and not weighted for period outstanding.

For the quarters ended March 31, 2015 and 2014, we incurred a net loss and the inclusion of RSUs and stock options held by employees and directors would have been anti-dilutive, and accordingly the diluted EPS calculation for the period excludes those common share equivalents.

Derivative Financial Instruments — It is our policy that derivative transactions are executed only to manage exposures arising in the normal course of business and not for the purpose of creating speculative positions or trading. Derivative financial instruments are utilized to manage interest rate risks. We do not hold derivative financial instruments for trading purposes. All derivatives are recorded on the balance sheet at fair value. Each derivative is designated as a cash flow hedge or remains undesignated. Changes in the fair value of derivatives that are designated and effective as cash flow hedges are recorded in other comprehensive income (loss) and reclassified to earnings when the effects of the item being hedged are recognized in earnings. These changes are offset in earnings to the extent the hedge was effective by fair value changes related to the risk being hedged on the hedged item. Changes in the fair value of undesignated hedges are recognized currently in earnings. All ineffective changes in derivative fair values are recognized currently in earnings.

All designated hedges are formally documented as to the relationship with the hedged item as well as the risk-management strategy. Both at inception and on an ongoing basis, the hedging instrument is assessed as to its effectiveness, when applicable. If and when a derivative is determined not to be highly effective as a hedge, or the underlying hedged transaction is no longer likely to occur, or the hedge designation is removed, or the derivative is terminated, the hedge accounting discussed above is discontinued.

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Fair Value Measurement - Assets and Liabilities Measured at Fair Value (Details) (USD $) In Thousands, unless otherwise specified	Mar. 31, 2015		Dec. 31, 2014
Recurring Measurements
Assets and liabilities that are measured at fair value on a recurring basis
Cash equivalents	$ 10,000		$ 10,000
Level 1 | Recurring Measurements
Assets and liabilities that are measured at fair value on a recurring basis
Cash equivalents	10,000		10,000
Level 2 | Recurring Measurements
Assets and liabilities that are measured at fair value on a recurring basis
Cash equivalents	0		0
Level 3 | Recurring Measurements
Assets and liabilities that are measured at fair value on a recurring basis
Cash equivalents	0		0
Interest rate swaps
Assets and liabilities that are measured at fair value on a recurring basis
Interest rate swap	(645)	[1]	(471)	[1]
Interest rate swaps | Recurring Measurements
Assets and liabilities that are measured at fair value on a recurring basis
Interest rate swap	(645)		(471)
Interest rate swaps | Level 1 | Recurring Measurements
Assets and liabilities that are measured at fair value on a recurring basis
Interest rate swap	0		0
Interest rate swaps | Level 2 | Recurring Measurements
Assets and liabilities that are measured at fair value on a recurring basis
Interest rate swap	(645)		(471)
Interest rate swaps | Level 3 | Recurring Measurements
Assets and liabilities that are measured at fair value on a recurring basis
Interest rate swap	$ 0		$ 0

[1] (1) Balance recorded as other liabilities in Condensed Consolidated Balance Sheet

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Journal Broadcast Merger and Newspaper Spin-off (Details) (USD $)	3 Months Ended		8 Months Ended	0 Months Ended
	Mar. 31, 2015	Mar. 31, 2014	Mar. 31, 2015	Apr. 01, 2015	Mar. 31, 2015	Dec. 31, 2014
Business Acquisition [Line Items]
Estimated acquisition-related costs	$ 6,109,000	$ 262,000
Outstanding debt	197,500,000		197,500,000		197,500,000	198,000,000
Incremental term loan
Business Acquisition [Line Items]
Outstanding debt	197,500,000		197,500,000		197,500,000	198,000,000
Subsequent event
Business Acquisition [Line Items]
Special cash dividend				60,000,000
Subsequent event | Revolving credit facility
Business Acquisition [Line Items]
Revolving credit facility, maximum borrowing capacity				100,000,000
Revolving credit facility, increase in borrowing capacity				25,000,000
Newspaper operations | Parent company | Subsequent event
Business Acquisition [Line Items]
Number of newspapers				13
Journal Communications, Inc.
Business Acquisition [Line Items]
Estimated acquisition-related costs			16,000,000
Employee benefit obligations						95,000,000
Impairment of long-lived assets, held-and-used	0
Journal Communications, Inc. | Subsequent event
Business Acquisition [Line Items]
Outstanding debt				116,000,000
Impairment of long-lived assets, held-for-sale				30,000,000
Journal Communications, Inc. | Minimum
Business Acquisition [Line Items]
Estimated acquisition-related costs					30,000,000
Journal Communications, Inc. | Maximum
Business Acquisition [Line Items]
Estimated acquisition-related costs					35,000,000
Journal Communications, Inc. | Television operations | Subsequent event
Business Acquisition [Line Items]
Television operations, percentage of U.S. households reached				18.00%
Approximate number of employees				4,000
Journal Communications, Inc. | Newspaper operations | Subsequent event
Business Acquisition [Line Items]
Approximate number of employees				3,600
Financing Agreement
Business Acquisition [Line Items]
Revolving credit facility, maximum borrowing capacity	275,000,000		275,000,000		275,000,000
Financing Agreement | Incremental term loan
Business Acquisition [Line Items]
Long-term debt, term loan	200,000,000		200,000,000		200,000,000
Financing Agreement | Revolving credit facility
Business Acquisition [Line Items]
Revolving credit facility, maximum borrowing capacity	75,000,000		75,000,000		75,000,000
Financing Agreement | Subsequent event | Incremental term loan
Business Acquisition [Line Items]
Long-term debt, term loan				$ 200,000,000

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Journal Broadcast Merger and Newspaper Spin-off (Notes)

3 Months Ended

Mar. 31, 2015

Business Combinations [Abstract]

Journal Broadcast Merger and Newspaper Spin-off

Journal Broadcast Merger and Newspaper Spin-off

On July 30, 2014, Scripps and Journal Communications, Inc. ("Journal") agreed to merge their broadcast operations and spin-off their newspaper businesses and combine them into a separate publicly traded company. On April 1, 2015, Scripps and Journal separated their respective newspaper businesses and merged them, resulting in each becoming a wholly owned subsidiary of Journal Media Group, Inc. Journal Media Group is headquarted in Milwaukee and combines the 13 Scripps newspapers with Journal's Milwaukee Journal Sentinel. The company has approximately 3,600 employees. Journal's broadcast business was then merged with Scripps.

The merged broadcast and digital media company, based in Cincinnati, retains The E.W. Scripps Company name and continues to be controlled by the Scripps family. The company’s television operations, following the close of the transactions, reaches approximately 18% of all U.S. households and has approximately 4,000 employees across its television, radio and digital media operations.

Due to the limited time since we closed the Journal acquisition, we have not yet completed the initial acquisition accounting for the transaction, including the determination of the final purchase price, and the determination of the fair values of the assets acquired and the liabilities assumed. We will complete the initial preliminary purchase price allocation in the second quarter and it will be reflected in our June 30, 2015 financial statements. The results of operations of the acquired business will be included in our results from April 1, 2015, the date of acquisition.

In order to carry out the transactions, we expect to incur $30 to $35 million in costs, of which we have incurred approximately $16 million through March 31, 2015. With the Journal transactions, we assumed Journal's outstanding liabilities upon closing, including employee benefit obligations ($95 million as of December 31, 2014).

As part of the transactions, Scripps shareholders received a $60 million special cash dividend on April 1, 2015.

On April 1, 2015, we entered into a Second Amended and Restated Revolving Credit and Term Loan Agreement ("New Financing Agreement") which amends and restates the Amended Revolving Credit and Term Loan Agreement dated November 26, 2013. The New Financing Agreement includes an incremental $200 million term loan, which is due November 2020. It also increased the revolving credit facility by $25 million to $100 million, which is due November 2018. The proceeds from the incremental $200 million loan were used to pay off the $116 million existing Journal term loan, fund the $60 million special cash dividend for Scripps shareholders and pay for transaction expenses.

Upon completion of the spin-off of our Newspaper business, generally accepted accounting principles (“GAAP”) requires us to assess impairment of the newspaper business long-lived assets using the held-and-used model. Under this model, if the expected cash flows over the life of the primary asset of the reporting unit are in excess of the carrying amount, then there is no impairment. Under this model no impairment charges were recorded at March 31, 2015. At the date of the spin-off of our newspaper business, GAAP requires us to assess impairment using the held-for-sale model. This model compares the fair value of the disposal unit to its carrying value and if the fair value is lower, then an impairment loss is recorded. Our preliminary analysis indicates that as of April 1, 2015 there would be a non cash impairment loss on disposal of the newspaper business of up to $30 million. Under GAAP, the impairment loss from applying the held-for sale model cannot be recorded until the date of the spin-off, April 1, 2015 and will be included as a component of discontinued operations.

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Employee Benefit Plans (Tables)

3 Months Ended

Mar. 31, 2015

Compensation and Retirement Disclosure [Abstract]

Components of benefit expense

The components of the expense consisted of the following:

	Three Months Ended   March 31,
(in thousands)	2015			2014
Service cost	$	—		$	21
Interest cost	6,449			6,278
Expected return on plan assets, net of expenses	(5,085		)	(5,859		)
Amortization of actuarial loss	1,132			642
Total for defined benefit plans	2,496			1,082
Multi-employer plans	59			119
SERP	266			296
Defined contribution plans	3,351			3,160
Net periodic benefit cost	$	6,172		$	4,657

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Other Liabilities

3 Months Ended

Mar. 31, 2015

Other Liabilities Disclosure [Abstract]

Other Liabilities

Other Liabilities

Other liabilities consisted of the following:

(in thousands)	As of   March 31,   2015		As of   December 31,   2014
Employee compensation and benefits	$	20,555	$	19,537
Liability for pension benefits	140,694		139,789
Liabilities for uncertain tax positions	6,791		6,741
Other	13,902		16,193
Other liabilities (less current portion)	$	181,942	$	182,260