Diversified portfolio of media properties; Significant growth from the cable television networks segment; Healthy internal cash generation; and Strong financial profile. Challenging operating climate for the newspaper and television businesses; Repositioning of the unprofitable Shop At Home television retailing network; and Growth through acquisition. The ratings on Cincinnati, Ohio-headquartered E.W. Scripps Co. reflect the company's diversified portfolio of media properties, significant growth from the cable television networks segment, healthy internal cash generation, and strong financial profile. These factors are tempered by the challenging operating climate for the newspaper and broadcast television businesses, repositioning of the unprofitable Shop At Home television retailing network, and growth through acquisition. Operations include five cable and satellite television networks (33% of 2004 revenues, 47% of
