The ratings on E.W. Scripps Co. reflect a diversified portfolio of media properties, healthy internal cash generation, and a satisfactory financial profile. The company's operations include 21 daily newspapers, 10 broadcast television stations, three cable television networks (including Home&Garden Television and the Food Network), and interactive media. Revenues approximate $1.6 billion. Scripps' involvement in many media markets and segments helps to provide more revenue and cash flow stability over the advertising revenue and newsprint cost cycles. Recent newspaper and broadcast television results have been hurt by the impact of the soft economy on advertising revenues, as well as higher average newsprint prices for the newspaper segment. However, this has been partially offset by growing contributions from the cable
