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This is part of the company's strategy, along with the sale of other non-strategic real estate assets. The analysis comes after the company reported a $13 million loss for the second quarter.

Under the deal, the distributor has agreed to represent original titles from the Scripps national entertainment and news networks, including "Act Your Age," "Scripps National Spelling Bee" and "Next Level."

This year’s Natpe’s virtual session, “The Power Of Local Television,” brought in executives from NBCUniversal, CBS, Scripps, and Sinclair Broadcast Group, among others, to discuss the continued need for local TV, the rise of multicasting, and strategies recently used by media giants to overcome the hardships produced by the pandemic.

Roku users can watch Gusto TV’s VOD content and linear feed for free via the new app now available in the Roku platform’s channel store.

ION, Katz and Newsy, Scripps', will collectively reach nearly every American household through free over-the-air broadcast, cable/satellite, over-the-top and digital distribution, with multiple advertising-supported programming streams