UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

SCHEDULE 13G

Under the Securities Exchange Act of 1934

(Amendment No. 1)*

THE E.W. SCRIPPS COMPANY

(Name of Issuer)

CLASS A COMMON SHARES, $0.01 per share

(Title of Class of Securities)

811054402

(CUSIP Number)

Paul Friedman

BlueMountain Capital Management, LLC

280 Park Avenue, 5^th Floor East

New York, New York 10017

Telephone: 212-905-3990

(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)

December 31, 2013

(Date of Event which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

x Rule 13d-1(b)

¨ Rule 13d-1(c)

¨ Rule 13d-1(d)

The information required on the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

The E.W. Scripps Company

312 Walnut Street

Cincinnati, OH 45202

This Amendment No. 1 (this “Amendment No. 1”) to the Schedule 13G filed with the Securities and Exchange Commission on February 13, 2013 is being filed on behalf of BlueMountain Capital Management, LLC (“BMCM”), BlueMountain GP Holdings, LLC (“GP Holdings”), Blue Mountain Credit Alternatives Master Fund L.P. (“Credit Alternatives”), and Blue Mountain CA Master Fund GP, Ltd. (“Credit Alternatives GP” and together with BMCM, GP Holdings and Credit Alternatives, the “Reporting Persons”) with respect to the shares of Class A Common Stock, par value $0.01 per share (the “Common Stock”) of The E.W. Scripps Company, a Delaware corporation (the “Issuer”).

BMCM acts as investment manager to, and exercises investment discretion with respect to the Common Stock directly owned by, the following entities:

Credit Alternatives GP serves as the general partner of Credit Alternatives, with respect to the Common Stock directly owned by Credit Alternatives. GP Holdings serves as the ultimate general partner of each of the Partnerships, with respect to the Common Stock directly owned by each of the Partnerships.

The filing of this statement should not be construed as an admission that BMCM or GP Holdings was, for the purpose of Section 13 of the Act, the beneficial owner of the Common Stock reported herein.

With respect to BMCM and GP Holdings: 280 Park Avenue, 5^th Floor East, New York, New York 10017

With respect to Credit Alternatives and Credit Alternatives GP: c/o Maples Corporate Services Limited, PO Box 309, Ugland House, Grand Cayman, KY1-1104, Cayman Islands

With respect to BMCM and GP Holdings: Delaware, USA

With respect to Credit Alternatives and Credit Alternatives GP: Cayman Islands

Common Stock

811054402

Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1.

The information required by Items 4(a) – (c) is set forth in Rows 5-11 of the cover page for each Reporting Person hereto and is incorporated herein by reference for each Reporting Person.

Each of BMCM and GP Holdings expressly declares that this filing shall not be construed as an admission that it was, for the purposes of sections 13(d) or 13(g) of the Act, the beneficial owner of any Common Stock.

The Company’s Form 10-Q filed on November 8, 2013, indicates that the total number of outstanding shares of Common Stock as of September 30, 2013 was 43,758,098. The percentages used herein and in the rest of the Schedule 13G are based upon such number of shares of Common Stock outstanding.

Instruction. For computations regarding securities which represent a right to acquire an underlying security see §240.13d-3(d)(1).

If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following  x.

This Amendment No. 1 constitutes an exit filing for the Reporting Persons.

Instruction. Dissolution of a group requires a response to this item.

Not Applicable

Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company.

Not Applicable

Not Applicable

Not Applicable

The following certification shall be included if the statement is filed pursuant to §240.13d-1(b):

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect.

SIGNATURES

After reasonable inquiry and to the best of the undersigned’s knowledge and belief, each of the undersigned certifies that the information set forth in this statement is true, complete and correct.