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.
.@EnglishClub_TV launches on @AppleTV. #VOD #OTT https://t.co/w4KEa26gM9
19 October 2018 @ 17:00:00 UTC
.@llnw and @ericsson partner on #content delivery. https://t.co/NWp4CwMmqi https://t.co/xVRUOBgwLj
19 October 2018 @ 16:00:02 UTC
.@HarmonicInc appoints @autodesk exec to the board. https://t.co/qXE0F78wwP
19 October 2018 @ 15:00:02 UTC
DTVE Week In View: @netflix's Asian growth #DTVEWeekInView https://t.co/EqYkViKi61 https://t.co/st9yhixJGE
19 October 2018 @ 14:30:01 UTC
Du partners with @PrimeVideo. #VOD https://t.co/vgfkUtGC4Z https://t.co/aKzOsCK8us
19 October 2018 @ 14:00:01 UTC
