Discovery has named the new management team that will lead the enlarged company after the Scripps acquisition, with Discovery Channel boss Rich Ross out and Scripps programming chief Kathleen Finch put in charge of all lifestyle channels. Discovery said that Ross, currently group president of Discovery Channel and Science Channel, is to leave the company. […]
Discovery Communications’ US$14.6 billion (€12.4 billion) acquisition of fellow US-based cable group, Scripps Networks Interactive, has been cleared by the US Department of Justice (DoJ). Commenting on the DoJ’s decision to close its investigation, Discovery president and CEO David Zaslav said it was a “significant regulatory milestone” and an “integral step toward closing our transaction”. […]
The European Commission has cleared Discovery Communications’ US$14.6 billion (€12.4 billion) proposed buyout of Scripps Networks Interactive. The greenlight marks an important step towards completion of the deal, with Discovery stating it expects the acquisition to close later this quarter – subject to obtaining additional antitrust clearances and satisfying other customary closing conditions. The EC’s […]
The CEO of British multichannel broadcaster UKTV, Darren Childs, has claimed investment in original programming is driving big gains in both on-demand and linear viewing. The BBC Worldwide- and Scripps Networks Interactive-owned company noted that eight out of its top ten performing shows in 2017 were originals. Childs singled out entertainment format Taskmaster, which plays on free […]
Discovery Communications’ takeover of US cable rival Scripps Networks Interactive is drawing near after shareholders agreed to the deal. The US$14.6 billion deal brings networks such as Discovery Channel and Animal Planet together with the Food Network and HGTV. Discovery’s shareholder overwhelmingly voted in favour of the agreement, with more than 258 million for and […]
BBC Worldwide, the commercial arm of the BBC, is considering a £500 million (€557 million) bid to take full control of UKTV, currently a joint venture with Scripps Networks Interactive. BBCWW is talking with advisers about borrowing millions of pounds from private investors to buy Scripps out from its half, according to the Daily Telegraph. […]
Discovery Communications CEO David Zaslav has said the ability to mine Scripps Networks Interactive’s catalogue was the key driver behind the US$14.6 billion deal. During a roundtable discussion at MIPCOM last week, Zaslav passionately talked up the deal, whose price tag raised eyebrows after an initial valuation was around US$9 billion, saying its rationale had […]
Scripps Networks Interactive’s digital production division is set to develop lifestyle shows for Facebook’s recently unveiled Watch platform. Scripps Lifestyle Studios will produce shows inspired by popular Food Network, HGTV, and Travel Channel content, as well as shows created exclusively for Facebook. These will appear on Facebook Watch as well as through individual show pages, […]
Scripps Networks Interactive-owned Polish broadcaster TVN has sold tele-shopping channel Mango-Media to retail and e-commerce group Studio Moderna Polska. TVN said that the deal means that both companies will benefit from economies of scale and new business opportunities. The sale has already been approved by the Polish competition watchdog. Mango-Media is the leading tele-shopping channel […]
ProSiebenSat.1 could launch one or more new thematic channels in partnership with Scripps Networks Interactive, building on the big programming deal it struck with the US channel provider earlier this year. Under the deal struck between the pair in February, Scripps is supplying 1,200 hours of programming to the German broadcaster’s channels. Speaking to analysts […]
ICYMI: Amazon launches QLED TV range in UK, Germany and Mexico as it passes 200m milestone digitaltveurope.com/2023/03/23/ama… https://t.co/woMxE1FQyV
23 March 2023 @ 22:00:01 UTC
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.@zattoo adds three new FAST channels from Mainstream Media digitaltveurope.com/2023/03/23/zat…
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Pay-TV subscribers in Eastern Europe is to fall by 8m by 2028 digitaltveurope.com/2023/03/23/pay… https://t.co/iWObUAcAu2
23 March 2023 @ 18:00:01 UTC
