E.W. Scripps to Become an 'AI-Powered Broadcast Journalism Company' After Sweeping Layoffs
TheWrap
The article is written in English. E.W. Scripps is cutting 12% of its workforce to transform into an AI-powered broadcast journalism company, aiming for $100 million in annual savings amid declining local TV revenues and shifting viewer habits. This strategic pivot toward automation and a streaming news model has driven the stock price up more than 20% despite reporting a quarterly net loss.
All articles from 8 August 2026. Summaries are AI-generated and may contain errors; the linked article is the authority.