QUOTE AND NEWS
Motley Fool  Aug 7  Comment 
News of the $14.5 billion acquisition was no shock to the market, so the target didn’t pop much.
Motley Fool  Aug 6  Comment 
Discovery's Scripps acquisition makes a lot of sense.
Financial Times  Aug 4  Comment 
Swallowing Scripps in $14.6bn deal marks a return to a US focus after overseas push
The Economist  Aug 3  Comment 
Another fat bundle FORGET your subscription to Netflix. Would you pay $5 a month for a collection of TV channels that gave you programmes such as “90 Day Fiancé”, “Pit Bulls and Parolees”, “My Cat from Hell”, “Worst Cooks in...
GenEng News  Aug 2  Comment 
A collaboration between Integrated BioTherapeutics  (IBT) and The Scripps Research Institute (TSRI)  has been awarded a $6.6 million, 5-year grant by the National Institutes of Health’s (NIH) National Institute of Allergy and Infectious...




 
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.




References

Wikinvest © 2006, 2007, 2008, 2009, 2010, 2011, 2012. Use of this site is subject to express Terms of Service, Privacy Policy, and Disclaimer. By continuing past this page, you agree to abide by these terms. Any information provided by Wikinvest, including but not limited to company data, competitors, business analysis, market share, sales revenues and other operating metrics, earnings call analysis, conference call transcripts, industry information, or price targets should not be construed as research, trading tips or recommendations, or investment advice and is provided with no warrants as to its accuracy. Stock market data, including US and International equity symbols, stock quotes, share prices, earnings ratios, and other fundamental data is provided by data partners. Stock market quotes delayed at least 15 minutes for NASDAQ, 20 mins for NYSE and AMEX. Market data by Xignite. See data providers for more details. Company names, products, services and branding cited herein may be trademarks or registered trademarks of their respective owners. The use of trademarks or service marks of another is not a representation that the other is affiliated with, sponsors, is sponsored by, endorses, or is endorsed by Wikinvest.
Powered by MediaWiki