The E.W. Scripps Company (Scripps) closed the sale of its WRTV television station in Indianapolis to Circle City Broadcasting for $83 million in cash on March 31, 2026. This sale, combined with the recent sale of WFTX in Fort Myers for $40 million, generated total cash proceeds of $123 million. Scripps intends to use these proceeds for debt paydown and the purchase of 23 ION-affiliated stations previously divested to INYO Broadcast Holdings. The reacquisition of the INYO stations is estimated at approximately $54 million and is expected to be immediately accretive to the Scripps Networks division segment profit and margin. Scripps also has an agreement to swap stations in five markets with Gray Television, pending federal regulatory review and relief from current ownership rules. Pro forma financial statements indicate that if the WRTV sale had occurred on January 1, 2025, operating revenues would have decreased by $39.0 million, and operating income by $8.7 million for the year ended December 31, 2025. However, the pro forma net loss attributable to Scripps shareholders for the year ended December 31, 2025, would have improved from $(164.5) million to $(150.4) million, reflecting the estimated gain on disposal.