EW Scripps explores selling licensing business
Skip to commentsE&P reports that E.W. Scripps, the parent company of United Media Syndicate, is “exploring” the option of selling its licensing business which would include Peanuts and Dilbert characters. The company also reports that it would also consider joint ventures.
Scripps President and CEO Rich Boehne said the process of exploring alternatives is just that, an exploration.
“We recognize that ‘exploring strategic options’ often is a euphemism for ‘sale,’ but this truly is an exercise to determine if these properties would be more valuable with another owner,” he said in a statement. “If not, we’ll continue to nurture the characters as we have for decades.”
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