Television station group owner E.W. Scripps is shutting down its 24-hour news channel on Nov. 15, another sign of a contraction in the TV news industry. E.W. Scripps Chief Executive Adam Symson informed staff Friday of the closure of the channel known as Scripps News. More than 200 jobs will be eliminated, according to his memo. Scripps News supplied a 24-hour feed of live coverage and documentary programming to broadcast TV stations and ad-supported streaming services such as Tubi and Pluto.
'Many brands and agencies have decided that advertising around national news is just too risky for them given the polarized nature of this country, no matter the accolades and credentials a news organization like Scripps receives for its objectivity,' Symson said. 'I vehemently disagree, but it is hurting Scripps News, along with every other national linear and digital news outlet.