QUOTE AND NEWS
Channel News Asia  7 hrs ago  Comment 
Viacom Inc has informed Scripps Networks Interactive it is willing to pay all cash to acquire the U.S. TV network operator, people familiar with the matter said on Tuesday.
Wall Street Journal  Jul 25  Comment 
Viacom CEO Bob Bakish is contemplating what would be his boldest bet yet: an acquisition of Scripps Networks, operator of HGTV and Food Network. People familiar with the situation say Viacom is in talks to acquire the company, as is Discovery...
MarketWatch  Jul 24  Comment 
Analysts at Evercore raise questions about the strategic rationale behind the potential combination of Discovery Communications and Scripps Networks.
Benzinga  Jul 21  Comment 
The following are the M&A deals, rumors and chatter circulating on Wall Street for Thursday, July 20, 2017. Bloomberg Says Discover, Viacom Both Said To Be Vying To Buy Scripps, Talks Are Said To Be Advanced With Deal Possible As Soon As This...
MarketWatch  Jul 19  Comment 
Potential merger with Scripps would benefit Discovery’s growth plans, writes Vitaliy Katsenelson.
New York Times  Jul 19  Comment 
The billionaire mogul is said to be interested in investing in Univision. And Discovery has held merger talks with Scripps.
MarketWatch  Jul 18  Comment 
Shares of Scripps Networks Interactive Inc. and Discovery Communications Inc. both jumped in the extended session Tuesday following a report of a possible merger. Scripps shares surged 10% to $74 while shares of Discovery rallied 9.4% to $28.50...
MarketWatch  Jul 10  Comment 
Adam Symson will become president and chief executive of The E.W. Scripps Co. on Aug. 8, the company said in a statement late Monday. He will replace CEO Rich Boehne, who will continue as Scripps' chairman. Symson was promoted to chief operating...
TechCrunch  Jun 19  Comment 
 To expand its channel lineup and grow its customer base, FuboTV has raised $55 million in Series C funding led by Northzone, with participation from 21st Century Fox, Sky and Scripps Networks Interactive. That brings total funding to $75...




 
TOP CONTRIBUTORS

The E.W. Scripps Company (SSP) is a diversified media company operating through four business segments:

Scripps Networks - 42% of 2006 operating revenue, 80% of which comes from advertising and 19% from network affiliate fees (per subscriber). Scripps Networks operates five national lifestyle television networks for cable and satellite: Home & Garden Television (HGTV), Food Network, DIY Network (DIY), Fine Living, and Great American Country (GAC). The company also has a 7.25% interest in Fox-BRV Southern Sports Holdings, which comprises the Sports South and Fox Sports Net South regional television networks. The company has developed some of its programming, launching HGTV in 1994, DIY in 1999 and Fine Living in 2002. It acquired a controlling interest in Food Network in 1997 and GAC in 4Q04. The company runs online channels, HGTVPro.com, and HGTVKitchenDesign.com.

Newspaper Publishing 29% of 2006 operating revenue of which 80% comes from advertising and 17% from circulation. Scripps operates newspapers in 17 U.S. markets with the largest circulation in Denver followed by Memphis, Knoxville, Treasure Coast, Florida, and Ventura County, California.

Broadcast Television 15% of 2006 operating revenue. Scripps' 10 TV stations (six affiliates of ABC, three of NBC, and one independent) together reach about 10% of U.S. TV households. A station is located in each one of the nation's 61 largest TV markets.

Interactive Media 11% of pro forma 2006 operating revenues. Interactive media includes online comparison shopping services, Shopzilla and uSwitch. Acquired in June, 2005, Shopzilla operates a comparison shopping service and is available on Shopzilla.com and BizRate.com in the U.S. uSwitch acquired in March 2006, operates an online comparison service that helps consumers compare prices, and arranges for the purchase of a range of essential home services including gas, electricity, home phone, broadband Internet and personal finance products primarily in the United Kingdom.

Sale of Shop At Home business: The company sold the Shop At Home television network on June 21, 2006 for $17 million, and announced in September that it had reached an agreement to sell its five Shop At Home-affiliated broadcast television stations for $170 million. The company closed the sale of three of the stations on December 22, 2006, and completed the sale of the remaining two stations on April 24, 2007.




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