International thematic channel operator Scripps Network Interactive has abandoned plans to sell its bouquet of channels and authorized a US$1 billion (700 million) share buyback.
The company, which operates channels including The Food Network, the Travel Channel, the Cooking Channel and HGTV, had originally hired an investment bank to review its options after “consistent expressions of interest” from private equity firms and media companies. â¨However, the US company decided not to pursue a sale and opted for the share buyback instead.
ICYMI: TV4 digital provides lift for Bonnier Broadcasting. #Sweden #TV digitaltveurope.com/2019/02/18/tv4…
18th February 2019
ICYMI: @vivendi to ‘keeping investing’ in @canalplus, plans MyCanal international rollouts. digitaltveurope.com/2019/02/18/viv… https://t.co/GgxDIROc9e
18th February 2019
ICYMI: DCMS committee calls for regulation of #online platforms. digitaltveurope.com/2019/02/18/dcm… https://t.co/2ZwBdbeTpj
18th February 2019
ShortsTV renews deal with @Telenet. digitaltveurope.com/2019/02/18/sho… https://t.co/ph5CULxcqh
18th February 2019
UK news channel specialist DMA Media acquires Brussels outfit. digitaltveurope.com/2019/02/18/uk-… https://t.co/55S2315cpP
18th February 2019
