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E. W. Scripps family
PROFILE
E. W. Scripps family
$8.4B
2020 America's Richest Families Net Worth
as of 12/16/20
About E. W. Scripps family
The E.W. Scripps media empire was founded by Edward Willis Scripps, who borrowed $10,000 at age 24 to start Penny Press in Cleveland in 1878.
Since the 1920s, the publicly listed, Cincinnati-based firm has been overseen by descendants of the founder, first through a family trust and now through a voting agreement to which approximately 70 members are parties.
The E.W. Scripps Company owns about 65 broadcast news stations across the country and has administered the National Spelling Bee since 1941.
Publicly traded Scripps Network Interactive, which owned the family's cable TV holdings, was sold to Discovery in 2017 in a $14.6 billion deal.
The Scripps clan also exited the newspaper business in 2015 after merging their print interests with those of Journal Media Group.
The close-knit family gathers for meetings at least twice a year and vowed decades ago to avoid divisiveness, for the good of the family and the company.
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