E W Scripps (NASDAQ:SSP) Stock, Quote.Headers.trade-ideas

E W Scripps

E.W. Scripps Company (The)

NYSE

The E W Scripps Co is a media enterprise with interests in local and national media brands. It owns and operates a collection of daily and community newspapers in medium-sized cities in the southern and western portions of the United States. The company's operating segment includes Local Media, Scripps Networks, and Other. It generates maximum revenue from the Local Media segment. The Local Media segment includes local broadcast stations and their related digital operations.

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Disney CEO Bob Iger is eyeing an investment in a popular women&#39;s soccer team.

Disney CEO Bob Iger Nears Purchase Of Women&#39;s Soccer Club, Could Set Record For Priciest Women&#39;s Sports Team

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Disney+ will broadcast the WNBA debut of Caitlin Clark; Indiana Fever has the fifth-best odds to win the 2024 WNBA Championship at +2,500.

Disney+ To Live Stream Caitlin Clark&#39;s WNBA Debut: How To Watch Indiana Fever Opening Game, Betting Odds

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Why Diodes Shares Are Trading Lower By Around 10%? Here Are Other Stocks Moving In Friday&#39;s Mid-Day Session

E.W. Scripps Company (The) - Class A Common Stock

The E W Scripps Co

SSP GROUP PLC U/ADR by SSP Group PLC

SAFE SUPPLY STREAMING CO by Safe Supply Streaming Co Ltd

Safe Supply Streaming Co Ltd

SSP Group PLC

Janus Henderson U.S. Sustainable Equity ETF

Syntax Stratified LargeCap ETF

Ms. Knutson is entitled to payments and benefits under the Company&rsquo;s Amended and Restated Executive Severance Plan, which are described in the Company&rsquo;s 2024 proxy statement.
In addition to benefits under the Severance Plan, the Board of Directors approved a one-time benefit of $140,400 to be paid upon separation to provide for medical insurance premiums until Ms. Knutson is eligible to enroll in Medicare.

Management

E.W. Scripps Company Says Role Of COO, Currently Held By Lisa Knutson, Will Be Eliminated At The End Of The Year - Filing

Benchmark analyst Daniel Kurnos maintains E W Scripps (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SSP#NASDAQ">SSP</a>) with a Buy and lowers the price target from $14 to $11.

Price Target

Analyst Ratings

Benchmark Maintains Buy on E W Scripps, Lowers Price Target to $11

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E.W. Scripps shares are trading lower after the company reported worse-than-expected Q2 financial results.

E W Scripps (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SSP#NASDAQ">SSP</a>) reported quarterly losses of $(0.15) per share which missed the analyst consensus estimate of $(0.01) by 1400 percent. The company reported quarterly sales of $573.629 million which missed the analyst consensus estimate of $585.811 million by 2.08 percent. This is a 1.58 percent decrease over sales of $582.836 million the same period last year.

Earnings

Earnings Misses

E W Scripps Q2 2024 GAAP EPS $(0.15) Misses $(0.01) Estimate, Sales $573.629M Miss $585.811M Estimate

The Walt Disney Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DIS#NYSE">DIS</a>) CEO Bob Iger rejoined the company in the CEO role in<a href="https://www.benzinga.com/general/entertainment/22/11/29798775/bob-iger-returns-as-disney-ceo-after-reports-of-growing-rift-with-bob-chapek"> November 2022.</a>
In addition to leading Disney, Iger may soon add sports team owner to his list of titles.
What Happened: Disney is<a href="https://www.benzinga.com/sports"> no stranger to sports </a>with its ESPN brand and previous ownership of the Anaheim Mighty Ducks (NHL) and Anaheim Angels (MLB). The company's CEO is nearing a deal to acquire a stake in women's soccer team Angel City, which competes in the National Women's Soccer League (NWSL).
Angel City would be valued at $300 million in the deal, according to a <a href="https://www.semafor.com/article/07/02/2024/disney-ceo-bob-iger-and-willow-bay-to-by-soccer-team">report </a>from Semafor. This would make the team the most valuable women's sports team in the world.
Iger and his wife Willow Bay would buy the controlling stake of Angel City FC according to the report, which would make the duo have a larger stake than <a href="https://www.benzinga.com/news/22/12/29963917/reddit-co-founder-alexis-ohanian-prints-mean-tweets-and-screenshots-how-he-uses-them-as-motivation">current controlling shareholder </a>Reddit co-founder Alexis Ohanian. 
Unlike many other sports teams, there is no majority holder of the team. The unique ownership structure may have led to recent squabbles among owners, with several of them upset over increased spending. The team hired Moelis &amp; Co to seek an investor to assume control of the team's board, as <a href="https://www.latimes.com/sports/soccer/angel-city-fc/story/2024-03-16/angel-city-seeking-new-owner-for-controlling-stake-of-franchise">reported </a>by the Los Angeles Times.
The Bay-Iger group will invest at least $50 million in the team, according to the report. Bay and Iger beat out several interested parties including former Milwaukee Bucks (NBA) owner Marc Lasry and Avie Glazer, who is a member of the Glazer family, who own soccer team Manchester United (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MANU#NYSE">MANU</a>), and the NFL's Tampa Bay Buccaneers.
A pitch deck from Bay and Iger shared by Semafor showed the duo highlighting their 25 years of residency in Los Angeles, ability to lead media companies and growth initiatives for the team of expanding international reach and connecting the team to big area events in Los Angeles.
Read Also: <a href="https://www.benzinga.com/m-a/24/07/39605195/going-out-on-top-boston-celtics-for-sale-after-nba-title-large-contracts-handed-to-star-players">Going Out On Top? Boston Celtics For Sale After NBA Title, Large Contracts Handed To Star Players</a>
Why It's Important: Sports teams have consistently achieved record valuations and demonstrated strong performance in recent years.
Angel City counts a handful of celebrities including Natalie Portman, America Ferrera and Eva Longoria as owners along with former soccer players Abby Wambach and Mia Hamm, and other athletes including Serena Williams and Billie Jean King. &nbsp;
Disney is among the media rights partners with the NWSL as part of an overall $240 million three-year <a href="https://www.nwslsoccer.com/news/nwsl-announces-landmark-media-partnerships-with-cbs-sports-espn-prime-video-and-scripps-sports">deal </a>signed in November 2023 by ESPN, Paramount Global (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PARA#NASDAQ">PARA</a>)(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PARAA#NASDAQ">PARAA</a>), Amazon.com Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>) and Scripps Company (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SSP#NASDAQ">SSP</a>). It is currently unclear how Iger's relationship with Disney and the team would impact the rights deal.
A <a href="https://www.sportico.com/feature/nwsl-soccer-team-value-ranking-1234740972/">Sportico </a>ranking of NWSL teams listed Angel City with a $180 million valuation in 2023, double the next highest team San Diego Wave, who were listed at $90 million. The Wave were sold for a then-league record $113 million earlier this year.
Angel City has an estimated $31 million in annual revenue in the Sportico ranking, which is nearly double that of San Diego at $16.3 million.
Sports teams continue to attract interest from billionaires and investors, with Jeff Bezos potentially selling Amazon shares to <a href="https://www.benzinga.com/general/sports/24/07/39621460/jeff-bezos-to-sell-5-billion-in-amazon-shares-could-he-be-raising-cash-for-seattle-seahawks-purcha">buy an NFL team.</a>
NFL star Patrick Mahomes is a <a href="https://www.benzinga.com/general/education/23/02/30870247/5-things-you-might-not-know-about-kansas-city-chiefs-qb-patrick-mahomes">co-owner of NWSL team</a> Kansas City Current.
Investors looking for <a href="https://www.benzinga.com/topic/public-sports-teams">publicly traded stocks</a> with exposure to sports ownership have limited options. A few soccer related options are Manchester United and Juventus (OTC:<a class="ticker" href="https://www.benzinga.com/stock/JVTSF#OTC">JVTSF</a>).
Ares Management Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ARES#NYSE">ARES</a>) <a href="https://www.benzinga.com/news/23/08/33602864/want-to-invest-in-lionel-messis-mls-success-theres-a-new-way-to-get-a-stake-in-inter-miami">is an investor</a> in Inter Miami, the Major League Soccer (MLS) team that landed soccer superstar Lionel Messi last year.
MLS team Toronto FC counts Rogers Communications (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RCI#NYSE">RCI</a>) and BCE Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BCE#NYSE">BCE</a>) each as 37.5% team owners.
Read Next: 
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<li><a href="https://www.benzinga.com/markets/cryptocurrency/24/04/38260567/bitcoin-soccer-team-adds-winklevoss-twins-as-investors-in-english-premier-league-mission-w">Bitcoin Soccer Team Adds Winklevoss Twins As Investors In English Premier League Mission: Why Shared &#8216;Deep Conviction&#8217; In Bitcoin Is Important</a></li>
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Photo: Shutterstock

Disney CEO Bob Iger Nears Purchase Of Women's Soccer Club, Could Set Record For Priciest Women's Sports Team

The Stanley Cup champion Florida Panthers have signed a multi-year agreement with Scripps Sports to locally broadcast Panthers hockey free for residents of Miami/Fort Lauderdale, West Palm Beach and Fort Myers.
Specifically:
<ul>
<li>In Miami/Fort Lauderdale, all locally produced games will air on WSFL-TV, channel 39.</li>
<li>In West Palm Beach, all locally produced games will air on WHDT-TV, channel 9.</li>
<li>In Fort Myers, Scripps Sports will announce the broadcast channel in advance of next season.</li>
</ul>
Under this new agreement, The E.W. Scripps Company (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SSP#NASDAQ">SSP</a>) has the ability to televise all locally produced Panthers preseason, regular-season and round one games of the postseason with distribution on cable, satellite and over-the-air television, becoming the new home on television of Florida Panthers hockey. Financial terms will not be disclosed. The deal has obtained the necessary approvals from the National Hockey League.

Contracts

The E.W. Scripps Company To Televise All Locally Produced Florida Panthers Preseason, Regular-Reason And Round 1 Games Of The Postseason With Distribution On Cable, Satellite And Over-The-Air Television; Financial Terms Not Disclosed

<h3>Gainers</h3>
<ul>
<li>Society Pass (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SOPA#NASDAQ">SOPA</a>) stock increased by 10.4% to $1.49 during Monday's after-market session. The company's market cap stands at $3.9 million. </li>
<li>E W Scripps (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SSP#NASDAQ">SSP</a>) stock moved upwards by 3.96% to $2.1. The market value of their outstanding shares is at $179.3 million. </li>
<li>Sphere Entertainment (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPHR#NYSE">SPHR</a>) shares moved upwards by 3.45% to $35.68. The market value of their outstanding shares is at $1.2 billion. </li>
<li>Anghami (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ANGH#NASDAQ">ANGH</a>) stock moved upwards by 2.94% to $1.05. The market value of their outstanding shares is at $70.0 million. </li>
<li>Collective Audience (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CAUD#NASDAQ">CAUD</a>) stock increased by 2.83% to $0.47. The company's market cap stands at $6.4 million. </li>
<li>Kuke Music Hldg (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KUKE#NYSE">KUKE</a>) stock rose 2.52% to $2.03. The market value of their outstanding shares is at $67.5 million. </li>
</ul>
<h3>Losers</h3>
<ul>
<li>Asset Entities (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ASST#NASDAQ">ASST</a>) stock decreased by 11.2% to $0.38 during Monday's after-market session. The market value of their outstanding shares is at $5.7 million. </li>
<li>MediaCo Holding (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MDIA#NASDAQ">MDIA</a>) stock decreased by 4.77% to $3.0. The company's market cap stands at $140.1 million. </li>
<li>NextPlat (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NXPL#NASDAQ">NXPL</a>) stock declined by 3.64% to $1.06. The company's market cap stands at $19.8 million. </li>
<li>BuzzFeed (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BZFD#NASDAQ">BZFD</a>) stock fell 3.22% to $2.11. The market value of their outstanding shares is at $77.2 million. </li>
<li>Hanryu Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HRYU#NASDAQ">HRYU</a>) shares declined by 3.13% to $0.26. The market value of their outstanding shares is at $13.7 million. </li>
<li>Grom Social Enterprises (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GROM#NASDAQ">GROM</a>) shares fell 3.08% to $0.46. The company's market cap stands at $4.1 million. 
See Also: <a href="http://www.benzinga.com/money/best-communication-services-stocks/" title="www.benzinga.com/money/best-communication-services-stocks/">www.benzinga.com/money/best-communication-services-stocks/</a></li>
</ul>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

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12 Communication Services Stocks Moving In Monday's After-Market Session

<h3>Gainers</h3>
<ul>
<li>Fangdd Network Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DUO#NASDAQ">DUO</a>) shares increased by 54.1% to $0.94 during Wednesday's after-market session. The company's market cap stands at $6.0 million. </li>
<li>Leafly Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LFLY#NASDAQ">LFLY</a>) shares moved upwards by 9.56% to $2.75. The company's market cap stands at $6.7 million. </li>
<li>Sify Technologies Limited - Rights expiring 6/21/2024 (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SIFYR#NASDAQ">SIFYR</a>) shares rose 8.63% to $0.18. </li>
<li>E W Scripps (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SSP#NASDAQ">SSP</a>) shares moved upwards by 4.65% to $2.36. The market value of their outstanding shares is at $201.5 million. </li>
<li>Blue Hat Interactive (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BHAT#NASDAQ">BHAT</a>) stock rose 4.54% to $1.15. The company's market cap stands at $67.1 million. </li>
<li>Creative Realities (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CREX#NASDAQ">CREX</a>) stock moved upwards by 4.02% to $4.91. The market value of their outstanding shares is at $51.2 million. </li>
</ul>
<h3>Losers</h3>
<ul>
<li>MultiMetaVerse Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MMV#NASDAQ">MMV</a>) shares decreased by 11.4% to $0.59 during Wednesday's after-market session. The company's market cap stands at $19.3 million. </li>
<li>VS Media Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VSME#NASDAQ">VSME</a>) shares fell 9.01% to $0.2. The market value of their outstanding shares is at $4.5 million. </li>
<li>Collective Audience (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CAUD#NASDAQ">CAUD</a>) shares decreased by 3.85% to $0.38. The company's market cap stands at $5.1 million. </li>
<li>Direct Digital Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DRCT#NASDAQ">DRCT</a>) shares fell 3.7% to $4.95. The market value of their outstanding shares is at $71.0 million. </li>
<li>MediaCo Holding (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MDIA#NASDAQ">MDIA</a>) shares declined by 3.67% to $2.1. The company's market cap stands at $98.0 million. </li>
<li>LQR House (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LQR#NASDAQ">LQR</a>) stock declined by 3.33% to $0.95. The market value of their outstanding shares is at $4.4 million. 
See Also: <a href="http://www.benzinga.com/money/best-communication-services-stocks/" title="www.benzinga.com/money/best-communication-services-stocks/">www.benzinga.com/money/best-communication-services-stocks/</a></li>
</ul>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

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12 Communication Services Stocks Moving In Wednesday's After-Market Session

<a href="https://scripps.com/press-releases/scripps-partners-with-the-trade-desk-to-deliver-new-data-driven-tools-to-advertisers/" title="https://scripps.com/press-releases/scripps-partners-with-the-trade-desk-to-deliver-new-data-driven-tools-to-advertisers/">https://scripps.com/press-releases/scripps-partners-with-the-trade-desk-to-deliver-new-data-driven-tools-to-advertisers/</a>

E.W. Scripps Streamlines Programmatic Ad Buying With New Tech Solutions From The Trade Desk, Including OpenPass And Unified ID 2.0 For Improved Audience Targeting And Performance Measurement

<h3>Gainers</h3>
<ul>
<li>Lytus Technologies Hldgs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LYT#NASDAQ">LYT</a>) shares moved upwards by 6.3% to $2.85 during Friday's after-market session. The company's market cap stands at $4.4 million. </li>
<li>E W Scripps (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SSP#NASDAQ">SSP</a>) shares increased by 4.68% to $2.57. The market value of their outstanding shares is at $219.4 million. </li>
<li>Urban One (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/UONE#NASDAQ">UONE</a>) stock increased by 4.45% to $2.11. The company's market cap stands at $103.1 million. </li>
<li>Asset Entities (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ASST#NASDAQ">ASST</a>) stock moved upwards by 4.36% to $0.45. The market value of their outstanding shares is at $6.7 million. </li>
<li>AMC Enter Hldgs (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AMC#NYSE">AMC</a>) shares rose 3.09% to $4.99. The market value of their outstanding shares is at $1.4 billion. </li>
<li>Gray Television (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GTN#NYSE">GTN</a>) stock increased by 2.83% to $5.8. The market value of their outstanding shares is at $574.9 million. </li>
</ul>
<h3>Losers</h3>
<ul>
<li>VS Media Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VSME#NASDAQ">VSME</a>) shares fell 5.6% to $0.33 during Friday's after-market session. The company's market cap stands at $7.2 million. </li>
<li>GD Culture Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GDC#NASDAQ">GDC</a>) stock declined by 5.01% to $0.95. The market value of their outstanding shares is at $7.5 million. As per the press release, Q1 earnings came out 4 days ago. </li>
<li>Grom Social Enterprises (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GROM#NASDAQ">GROM</a>) shares decreased by 3.7% to $0.5. The market value of their outstanding shares is at $4.4 million. As per the news, the Q1 earnings report came out 4 days ago. </li>
<li>Chicken Soup for the Soul (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CSSE#NASDAQ">CSSE</a>) shares declined by 2.81% to $0.3. The company's market cap stands at $9.7 million. As per the press release, Q1 earnings came out 4 days ago. </li>
<li>Onfolio Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ONFO#NASDAQ">ONFO</a>) shares fell 2.62% to $0.95. The market value of their outstanding shares is at $4.8 million. As per the news, the Q1 earnings report came out 3 days ago. </li>
<li>Trade Desk (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TTD#NASDAQ">TTD</a>) shares declined by 2.38% to $92.5. The market value of their outstanding shares is at $45.2 billion. 
See Also: <a href="http://www.benzinga.com/money/best-communication-services-stocks/" title="www.benzinga.com/money/best-communication-services-stocks/">www.benzinga.com/money/best-communication-services-stocks/</a></li>
</ul>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

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12 Communication Services Stocks Moving In Friday's After-Market Session

Media giant The Walt Disney Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DIS#NYSE">DIS</a>) could capitalize on the WNBA debut of Caitlin Clark, which is one of the most anticipated <a href="https://www.benzinga.com/general/sports-betting/24/04/38276225/caitlin-clark-is-no-1-pick-in-wnba-draft-media-stocks-sportsbooks-to-watch-as-iowa-star-go">sporting events of 2024.</a>
What Happened: Disney's streaming platform Disney+ <a href="https://www.benzinga.com/news/earnings/24/05/38669929/walt-disney-q2-earnings-profit-beat-moderating-parks-growth-password-sharing-crackdown-and-more">ended the second quarter </a>with 117.6 million core subscribers.
With an effort to increase sports coverage on the platform, the streaming platform could see a boost in interest soon.
Disney has experimented with live streaming options on the platform<a href="https://www.benzinga.com/general/entertainment/22/02/25491695/could-disney-be-entering-the-livestreaming-market"> including the unveiling</a> of Academy Award nominations and a live concert film from music legend Elton John.
On the sports front, Disney has also used Disney+ to launch animated alternative live sports broadcasts geared at kids, including an NFL game <a href="https://www.benzinga.com/general/entertainment/23/09/35013946/toy-story-and-nfl-team-up-will-viewers-have-a-friend-in-unique-viewing-experience-on-disney">featuring Toy Story characters</a> during the 2023 season.
On Tuesday, Disney could be testing its full live sports streaming on Disney+ with one of the most anticipated sporting events.
Clark was the number one overall pick in the 2024 WNBA Draft. ESPN+ and Disney+ will <a href="https://espnpressroom.com/us/press-releases/2024/05/espns-28th-wnba-season-tips-off-with-highly-anticipated-doubleheader-tuesday-may-14/">stream</a> the WNBA premiere, alongside broadcasts on cable networks ESPN2 and ESPN Deportes.
Coverage begins with "WNBA Tip-Off" at 7 p.m. ET and will follow with the Indiana Fever at Connecticut Sun (7:30 p.m. ET) and a double-header game of the Phoenix Mercury at Las Vegas Aces (10 p.m. ET).
With this marking Clark's WNBA debut, the game could see strong viewership across multiple platforms and could see increased viewership from a younger audience on Disney+.
Clark helped NCAA Women's Basketball set several viewership records and could help the WNBA and its media partnerships with viewership in the 2024 season.
ESPN is a key partner of the WNBA and has been since the league premiered in 1997. ESPN also has the exclusive rights to the 2024 WNBA Playoffs. Disney will air eight games across ABC, ESPN and ESPN2 during the season.
The Fever had 22 of their 40 games in 2023 nationally televised. The team will see the figure significantly <a href="https://fever.wnba.com/news/indiana-fever-to-play-36-games-on-national-television-in-2024-regular-season/" target="_blank" rel="noreferrer noopener">lifted </a>to 36 of their 40 games for the 2024 season thanks to the highly anticipated first season of Clark.
Media partners of the WNBA could benefit with Clark&#8217;s debut season and the likely strong viewership that comes with it.
Ion, owned by&nbsp;E.W. Scripps Company&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SSP#NASDAQ">SSP</a>), will air eight Fever games for the 2024 WNBA season.
CBS, which is a unit of Paramount Global (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PARA#NASDAQ">PARA</a>)(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PARAA#NASDAQ">PARAA</a>), will air three Fever games during the season.
Amazon.com Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>) owned Prime Video will air four Fever games during the season.
NBA-owned streaming platform, NBA TV, will air the Fever 13 times during the season.
Related Link: <a href="https://www.benzinga.com/general/sports/24/04/38409019/caitlin-clark-nears-28m-nike-endorsement-sneaker-deal-45-times-her-wnba-salary">Caitlin Clark Nears $28M Nike Endorsement: Sneaker Deal 45 Times Her WNBA Salary</a>
Betting Odds: Sportsbooks are enjoying a boost in interest thanks to women&#8217;s college basketball games. Many reported<a href="https://www.benzinga.com/general/sports-betting/24/03/37973192/caitlin-clark-helping-espn-sportsbooks-how-iowas-success-in-ncaa-tournament-could-help-wom" target="_blank" rel="noreferrer noopener">&nbsp;record betting figures</a>&nbsp;during the NCAA Women&#8217;s Basketball Tournament thanks to Clark.
On Tuesday, Clark and the Fever are 5.5 point underdogs to the Sun on sportsbook DraftKings Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DKNG#NASDAQ">DKNG</a>). A bet on the Fever pays out at +190 if Clark can help her team win her WNBA debut.
The player props for Clark list her points, three points made, rebounds and assists totals at 21.5, 3.5, 4.5 and 6.5 respectively.
The Fever are listed with the fifth-best odds to win the 2024 WNBA Championship at +2,500. Their opponent the Sun is listed with the third-best odds at +1,200. The back-to-back champion Aces are the favorite to win a third-straight championship with odds of -105.
Flutter owned (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FLUT#NYSE">FLUT</a>) FanDuel, odds of Clark winning MVP of the 2024 WNBA season are listed at +950. That's third best among all players and has dropped from +1,200 months ago. Clark is also the favorite to win WNBA Rookie of the Year for the 2024 season with odds of -700.
Read Next: <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/05/38675021/disney-direct-to-consumer-segment-profits-in-q2-operating-income-modestly-ahead-of-">Disney Direct-To-Consumer Segment Profits In Q2, &#8216;Operating Income Modestly Ahead&#8217; Of Analyst Expectations</a>
Image: Shutterstock

Disney+ To Live Stream Caitlin Clark's WNBA Debut: How To Watch Indiana Fever Opening Game, Betting Odds

Wells Fargo analyst Steven Cahall maintains E W Scripps (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SSP#NASDAQ">SSP</a>) with a Equal-Weight and lowers the price target from $6 to $4.5.

Wells Fargo Maintains Equal-Weight on E W Scripps, Lowers Price Target to $4.5

Benchmark analyst Daniel Kurnos reiterates E W Scripps (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SSP#NASDAQ">SSP</a>) with a Buy and maintains $14 price target.

Reiteration

Benchmark Reiterates Buy on E W Scripps, Maintains $14 Price Target

Shares of Diodes Incorporated (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DIOD#NASDAQ">DIOD</a>) fell sharply during Friday's session after the company reported worse-than-expected <a href="https://www.benzinga.com/quote/DIOD/earnings">quarterly financial results</a>.
Diodes posted adjusted earnings of 28 cents per share, missing market estimates of 31 cents per share. The company's quarterly sales came in at $301.97 million missing expectations of $305.01 million, according to data from <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a>.
Diodes shares dipped 9.8% to $68.99 on Friday.
Here are some other stocks moving in today&#8217;s mid-day session.
<h3 class="wp-block-heading">Gainers</h3>
<ul>
<li>Novavax, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVAX#NASDAQ">NVAX</a>) shares jumped 139% to $10.73 after the company and Sanofi announced a co-exclusive licensing agreement to commercialize a COVID-19 vaccine and develop COVID-influenza combination vaccines.</li>
<li>iTeos Therapeutics, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ITOS#NASDAQ">ITOS</a>) gained 40% to $17.06 after the company announced a $120 million registered direct offering and reported Q1 financial results.</li>
<li>AEye, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LIDR#NASDAQ">LIDR</a>) shares climbed 39.8% to $1.65 after the company disclosed a partnership with LITEON Technology Corporation.</li>
<li>Sweetgreen, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SG#NYSE">SG</a>) shares climbed 39.4% to $32.86 after the company reported better-than-expected first-quarter sales results.</li>
<li>Ouster, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OUST#NYSE">OUST</a>) gained 34.3% to $13.90 after the company reported better-than-expected first-quarter financial results.</li>
<li>Organogenesis Holdings Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ORGO#NASDAQ">ORGO</a>) rose 32% to $3.02 following upbeat quarterly results.</li>
<li>Inseego Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INSG#NASDAQ">INSG</a>) gained 31.4% to $5.05 after the company reported better-than-expected first-quarter financial results and issued second-quarter revenue guidance above estimates.</li>
<li>CareDx, Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CDNA#NASDAQ">CDNA</a>) surged 26.3% to $13.99 after the company reported better-than-expected first-quarter financial results and issued FY24 revenue guidance above estimates.</li>
<li>Sensus Healthcare, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SRTS#NASDAQ">SRTS</a>) shares rose 22.5% to $4.6699 after the company reported better-than-expected first-quarter financial results.</li>
<li>Groupon, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GRPN#NASDAQ">GRPN</a>) gained 22.3% to $12.85 after the company reported better-than-expected first-quarter results.</li>
<li>Standard Lithium Ltd. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SLI#NYSE">SLI</a>) jumped 21.8% to $1.90 after the company reported better-than-expected quarterly GAAP EPS results.</li>
<li>ADMA Biologics, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ADMA#NASDAQ">ADMA</a>) rose 21% to $8.39 after the company reported better-than-expected first-quarter financial results and issued strong revenue guidance.</li>
<li>SoundHound AI, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SOUN#NASDAQ">SOUN</a>) shares gained 19.3% to $5.66 in pre-market trading after the company reported better-than-expected first quarter financial results.</li>
<li>American Coastal Insurance Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ACIC#NASDAQ">ACIC</a>) rose 17.2% to $12.79 after the company reported better-than-expected first quarter financial results. The company announced the sale of 100% of its issued and outstanding stock of Interboro Insurance Company to Forza Insurance Holdings.</li>
<li>Global Gas Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HGAS#NASDAQ">HGAS</a>) rose 15.3% to $1.28.</li>
<li>Gen Digital Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GEN#NASDAQ">GEN</a>) gained 15% to $23.42 after the company reported better-than-expected quarterly earnings and authorized a $3 billion share repurchase program.</li>
<li>Mettler-Toledo International Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MTD#NYSE">MTD</a>) gained 14.6% to $1,478.49 after the company reported better-than-expected first-quarter financial results and issued guidance.</li>
<li>SkyWater Technology, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SKYT#NASDAQ">SKYT</a>) rose 14.4% to $7.61.</li>
<li>Clean Energy Fuels Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CLNE#NASDAQ">CLNE</a>) climbed 13.6% to $2.74 following upbeat quarterly results.</li>
<li>Natural Grocers by Vitamin Cottage, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NGVC#NASDAQ">NGVC</a>) gained 13.2% to $20.19 following second-quarter results.</li>
<li>Natera, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NTRA#NASDAQ">NTRA</a>) rose 11.3% to $106.36 following strong first-quarter earnings.</li>
<li>NuScale Power Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SMR#NYSE">SMR</a>) jumped 11% to $6.50 following first-quarter results.</li>
<li>Integral Ad Science Holding Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/IAS#NASDAQ">IAS</a>) gained 8.8% to $9.12 after the company reported better-than-expected first-quarter sales results and issued FY24 revenue guidance above estimates.</li>
<li>Dutch Bros Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BROS#NYSE">BROS</a>) jumped 8.7% to $35.68 after TD Cowen upgraded the stock from Hold to Buy and raised its price target from $33 to $46.</li>
<li>Funko Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FNKO#NASDAQ">FNKO</a>) gained 7% to $7.30 as the company reported better-than-expected first-quarter earnings and issued strong earnings forecast for the second quarter. The company also appointed Cynthia Williams as its Chief Executive Officer, effective May 20.</li>
<li>Genpact Limited (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/G#NYSE">G</a>) gained 6.8% to $34.26 after the company reported better-than-expected first-quarter financial results and raised its FY24 EPS range.</li>
<li>Array Technologies, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ARRY#NASDAQ">ARRY</a>) shares rose 3.5% to $12.94 after the company reported stronger-than-expected financial results for the first quarter on Thursday.</li>
</ul>
<h3 class="wp-block-heading">Losers</h3>
<ul>
<li>MacroGenics, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MGNX#NASDAQ">MGNX</a>) shares fell 73.4% to $3.9089 after the company reported worse-than-expected first-quarter financial results.</li>
<li>Greenwave Technology Solutions, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GWAV#NASDAQ">GWAV</a>) fell 37.2% to $0.0439 after jumping 20% on Thursday.</li>
<li>Flux Power Holdings, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FLUX#NASDAQ">FLUX</a>) dipped 35.8% to $2.9350 after the company reported worse-than-expected quarterly financial results.</li>
<li>Antelope Enterprise Holdings Limited (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AEHL#NASDAQ">AEHL</a>) fell 29.3% to $1.30 after the company announced second half and full year 2023 financial results.</li>
<li>Evolv Technologies Holdings, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EVLV#NASDAQ">EVLV</a>) fell 29.2% to $2.7290 after the company reported worse-than-expected first-quarter financial results and lowered its FY24 sales guidance below estimates.</li>
<li>Revance Therapeutics, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RVNC#NASDAQ">RVNC</a>) fell 27% to $3.0950 as the company posted a loss for its first quarter on Thursday.</li>
<li>Biofrontera Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BFRI#NASDAQ">BFRI</a>) fell 26.6% to $1.16.</li>
<li>American Vanguard Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AVD#NYSE">AVD</a>) dipped 22.2% to $9.84 following weak quarterly results.</li>
<li>UTime Limited (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WTO#NASDAQ">WTO</a>) dipped 22% to $0.25.</li>
<li>The Beauty Health Company (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SKIN#NASDAQ">SKIN</a>) fell 22% to $2.80 following quarterly results.</li>
<li>MicroVision, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MVIS#NASDAQ">MVIS</a>) shares fell 21.6% to $1.27 after the company reported worse-than-expected first-quarter GAAP EPS results.</li>
<li>Progyny, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PGNY#NASDAQ">PGNY</a>) shares fell 21.5% to $25.51 after the company reported worse-than-expected first-quarter sales results and issued FY24 sales guidance below estimates.</li>
<li>Pineapple Energy Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PEGY#NASDAQ">PEGY</a>) shares declined 20.7% to $0.0579 after the company reported worse-than-expected first quarter financial results.</li>
<li>The E.W. Scripps Company (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SSP#NASDAQ">SSP</a>) dipped 19.7% to $3.71 following quarterly results.</li>
<li>CS Disco, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LAW#NYSE">LAW</a>) fell 19.6% to $6.50 following weak sales.</li>
<li>Safe and Green Development Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SGD#NASDAQ">SGD</a>) shares fell 18.4% to $0.6937 after jumping around 37% on Thursday.</li>
<li>Docebo Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DCBO#NASDAQ">DCBO</a>) fell 18.2% to $37.99.</li>
<li>JFrog Ltd. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FROG#NASDAQ">FROG</a>) shares fell 17.7% to $33.43 after the company reported first quarter financial results.</li>
<li>Ginkgo Bioworks Holdings, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DNA#NYSE">DNA</a>) shares fell 17.3% to $0.7606 after the company reported worse-than-expected first-quarter sales results.</li>
<li>Iovance Biotherapeutics, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/IOVA#NASDAQ">IOVA</a>) fell 15.6% to $11.35 following first-quarter financial results.</li>
<li>Gritstone bio, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GRTS#NASDAQ">GRTS</a>) shares declined 14.4% to $0.8320 after the company reported worse-than-expected first quarter GAAP EPS results.</li>
<li>Navitas Semiconductor Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVTS#NASDAQ">NVTS</a>) shares fell 12.8% to $4.0850 after the company reported worse-than-expected first-quarter adjusted EPS results.</li>
<li>Forward Air Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FWRD#NASDAQ">FWRD</a>) declined 12.2% to $14.72.</li>
<li>Arrowhead Pharmaceuticals, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ARWR#NASDAQ">ARWR</a>) fell 11.1% to $21.97 after the company reported second-quarter financial results.</li>
<li>AMN Healthcare Services, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AMN#NYSE">AMN</a>) fell 9.5% to $55.08 following first-quarter results.</li>
<li>Evolent Health, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EVH#NYSE">EVH</a>) fell 8.4% to $24.69 after the company reported first-quarter financial results.</li>
<li>Akamai Technologies, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AKAM#NASDAQ">AKAM</a>) fell 8.1% to $94.16 after the company issued weak guidance.</li>
<li>Fluence Energy, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FLNC#NASDAQ">FLNC</a>) declined 7.8% to $17.28 following second-quarter financial results.</li>
<li>Aurora Innovation, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AUR#NASDAQ">AUR</a>) dipped 7.4% to $3.3399.</li>
<li>MoonLake Immunotherapeutics (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MLTX#NASDAQ">MLTX</a>) fell 7% to $39.02.</li>
<li>Affirm Holdings, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AFRM#NASDAQ">AFRM</a>) fell 5% to $33.13. BMO Capital analyst James Fotheringham maintained Affirm with a Market Perform and lowered the price target from $48 to $46.</li>
<li>Runway Growth Finance Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RWAY#NASDAQ">RWAY</a>) shares fell 4.1% to $11.61 as the company priced its secondary offering of 3.75 million common stock by selling stockholder at $11.50 per share.</li>
<li>Yelp Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/YELP#NYSE">YELP</a>) shares declined 3.6% to $38.20 after the company reported a first-quarter revenue miss.</li>
</ul>
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Why Diodes Shares Are Trading Lower By Around 10%? Here Are Other Stocks Moving In Friday's Mid-Day Session

Scripps shares are trading lower, reversing after gaining after hours Thursday on strong guidance.

Scripps shares are trading higher after the company raised its 2024 election-year political advertising revenue guidance.

Guidance

Scripps Raises FY24 Election-Year Political Advertising Revenue From $210M-$250M To $240M-$270M

E W Scripps (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SSP#NASDAQ">SSP</a>) reported quarterly losses of $(0.15) per share which beat the analyst consensus estimate of $(0.17) by 11.76 percent. This is a 59.46 percent increase over losses of $(0.37) per share from the same period last year. The company reported quarterly sales of $561.464 million which missed the analyst consensus estimate of $566.433 million by 0.88 percent. This is a 6.38 percent increase over sales of $527.778 million the same period last year.

Earnings Beats

E W Scripps Q1 2024 GAAP EPS $(0.15) Beats $(0.17) Estimate, Sales $561.464M Miss $566.433M Estimate

Caitlin Clark, selected as the top pick by the Indiana Fever in the WNBA Draft, is on the verge of signing a major shoe deal ahead of her professional debut, further establishing her <a href="http://Caitlin Clark Is No. 1 Pick In WNBA Draft: Media Stocks, Sportsbooks To Watch As Iowa Star Goes Pro">presence in women&#8217;s basketball.</a>
What Happened: Clark set many NCAA scoring records and <a href="https://www.benzinga.com/general/sports-betting/24/03/37973192/caitlin-clark-helping-espn-sportsbooks-how-iowas-success-in-ncaa-tournament-could-help-wom">helped set new heights</a> for NCAA Women's Basketball while at Iowa.
The future WNBA player is now ready to break records with the largest shoe deal in women's basketball history.
Clark will sign a $28 million, eight-year deal with apparel and shoe company Nike, Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NKE#NYSE">NKE</a>) <a href="https://apnews.com/article/caitlin-clark-nike-3ea6a96e0b830b66b4680cc5318de9e4">according </a>to the Associated Press, citing The Athletic. The deal will include a signature shoe line for Clark according to reports. 
The deal with Nike averages out to $3.5 million per season and comes as Clark's recent announced WNBA salary has become a <a href="https://www.benzinga.com/general/sports/24/04/38302993/caitlin-clark-will-make-76-000-a-year-at-the-wnba-journalist-asks-is-this-even-a-living-wage">big topic of pay disparity </a>between male and female athletes.
Dave Portnoy, president of Barstool Sports, took to X (formerly Twitter) to express his view that Clark&#8217;s pending deal significantly undervalues her worth. He suggested that a fair valuation would be at least $80 million.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">If people want to complain about Caitlin Clark getting screwed complain about this. 8 year 28 million deal is STEALING. 8 years 80 million min is her worth and that&#39;s still prob too cheap. I hope she has an early opt out if they don&#39;t pay up when she blows through this deal. <a href="https://t.co/VNyPg7wPpS">https://t.co/VNyPg7wPpS</a>
&mdash; Dave Portnoy (@stoolpresidente) <a href="https://twitter.com/stoolpresidente/status/1782886051448520962?ref_src=twsrc%5Etfw">April 23, 2024</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Clark will make $76,535 in her first WNBA season, with her next three season salaries listed as $78,066, $85,873 and $97,582 respectively. The salary for Clark pales in comparison to million dollar deals that male athletes get after being drafted.
The new Nike deal also means that Clark will earn 45.7x more from Nike in her first season than she will from her salary.
The women's basketball star has been with Nike since 2022 thanks to a name, image and likeness (NIL) deal while at Iowa. The deal expired after the 2023-2024 season and saw several apparel companies compete for her endorsement.
According to Shams Charania of The Athletic, Clark was <a href="https://twitter.com/BleacherReport/status/1781025492344431023">pursued </a>by Puma, Adidas and Under Armour (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UA#NYSE">UA</a>). The pitch from Under Armour also included their star endorsee and NBA star Steph Curry sitting in on the meeting according to Charania. Under Armour is said to have offered more money per year, but less overall years on a proposed deal.
The deal with Nike will see Clark as only the fourth current WNBA player to have their own signature shoe, joining Breanna Stewart (PUMA), Sabrina Ionescu (Nike) and Elena Delle Donne (Nike).
With Clark generating strong interest, Nike could see a boost in sales through her endorsement deal.
Related Link: <a href="https://www.benzinga.com/news/24/04/38286820/caitlin-clarks-76k-wnba-salary-leaves-even-president-biden-befuddled-with-startling-gender-pay-gap-w">Caitlin Clark&#8217;s $76K WNBA Salary Leaves Even President Biden Befuddled With Startling Gender Pay Gap: What Gives?</a>
What's Next: Clark has yet to play a WNBA game, but is already having a large impact on the professional women's basketball league.
The Fever, along with their WNBA and media partners, are hoping to capitalize on the increased attention from Clark&#8217;s record-setting performance in the 2023-2024 NCAA Women&#8217;s Basketball Tournament.
The 2023-2024 NCAA Women's Basketball Championship game, aired on ABC which is owned by The Walt Disney Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DIS#NYSE">DIS</a>), attracted an average of 18.9 million viewers. The viewership peaked at 24.1 million and surpassed the NCAA Men's Basketball Championship game, which had an average viewership of 14.8 million.
In 2023, only 22 of the Fever&#8217;s 40 games were broadcast nationally. However, thanks to the highly anticipated debut season of Clark, this number will significantly increase to 36 of their 40 games in the 2024 season.
Media partners of the WNBA could benefit with Clark&#8217;s debut season and the likely strong viewership that comes with it.
Disney will air eight games across ABC, ESPN and ESPN2, including the May 14 opening game. ESPN aired one Fever game last year. ABC didn't air any games.
Ion, owned by&nbsp;E.W. Scripps Company&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SSP#NASDAQ">SSP</a>), will air eight Fever games for the 2024 WNBA season.
CBS, which is a unit of&nbsp;Paramount Global&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PARA#NASDAQ">PARA</a>)(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PARAA#NASDAQ">PARAA</a>), will air three Fever games during the season.
Amazon.com Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>)&nbsp;owned Prime Video will air four Fever games during the season.
NBA-owned streaming platform, NBA TV, will air the Fever 13 times during the season.
NKE Price Action: Nike shares trade at $94.00 versus a 52-week trading range of $88.66 to $128.68. Shares of Nike are down 26% over the last year.
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<a href="https://www.cnbc.com/2024/04/23/ew-scripps-exploring-sale-of-black-culture-broadcast-network-bounce-tv.html" title="https://www.cnbc.com/2024/04/23/ew-scripps-exploring-sale-of-black-culture-broadcast-network-bounce-tv.html">https://www.cnbc.com/2024/04/23/ew-scripps-exploring-sale-of-black-culture-broadcast-network-bounce-tv.html</a>

'EW Scripps Exploring Sale Of Black-Culture Broadcast Network Bounce TV' - CNBC

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E.W. Scripps GAAP EPS of -$0.15 misses by $0.08, revenue of $573.63M misses by $11.78M

<a href="https://investorplace.com">InvestorPlace - Stock Market News, Stock Advice &amp; Trading Tips</a>
E W Scripps (NASDAQ:<a href="https://investorplace.com/stock-quotes/ssp-stock-quote/">SSP</a>) just reported results for the second quarter of 2024.<ul><li>E W Scripps reported earnings per share of -15 cents. This was below the analyst estimate for EPS of -1 cent.</li><li>The company reported revenue of $573.63 million.</li><li>This was 2.08% worse than the analyst estimate for revenue of $585.81 million.</li></ul><div>InvestorPlace Earnings is a project that leverages data from <a href="https://www.tradesmith.com">TradeSmith</a> to automate coverage of quarterly earnings reports. InvestorPlace Earnings distills key takeaways including earnings per share and revenue, as well as how a company stacks up to analyst estimates. These articles are published without human intervention, allowing us to inform our readers of the latest figures as quickly as possible. To report any concerns or inaccuracies, please contact us at <a href="mailto:editor@investorplace.com">editor@investorplace.com</a>.</div><h3>More From InvestorPlace</h3>
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									</ul>The post <a href="https://investorplace.com/earning-results/2024/08/ssp-stock-earnings-e-w-scripps-for-q2-of-2024/">SSP Stock Earnings: E W Scripps Misses EPS, Misses Revenue for Q2 2024</a> appeared first on <a href="https://investorplace.com">InvestorPlace</a>.

SSP Stock Earnings: E W Scripps Misses EPS, Misses Revenue for Q2 2024

In a report released today, Steven Cahall from Wells Fargo maintained a Hold rating on E. W. Scripps Company Class A (SSP – Research Report), with ...

E. W. Scripps Company: Hold Rating Justified by Mixed Financial Performance and Debt Refinancing Focus

The E.W. Scripps Company (SSP) Q2 2024 Earnings Call Transcript

E. W. Scripps Company Class A (SSP) has provided an update. The E.W. Scripps Company has announced that they will be phasing out the Chief Operatin...

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E W Scripps

E W Scripps (SSP) Forecast

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