Scripps not yet talking about selling papers

I’ve seen a lot of headlines saying “Scripps to sell newspapers” the past few days. At no time, however, has any executive with Scripps said there is a plan to sell the newspapers. What was said was that Scripps was looking at strategic options for separating the newspapers from SSP. That’s very different from selling them. Romenesko has a copy of a memo from CEO Ken Lowe addressing these points. My experience with Mr. Lowe is that he’s a cautious communicator, but honest and forthright. I think you can trust this memo is a fair representation of where Scripps is at in this process.

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