Discovery’s profit was down year-on-year in Q2 as improved operating results were impacted by higher restructuring costs and charges associated with the integration of Scripps. Announcing its second quarter results, Discovery reported net income of US$216 million, compared to US$374 million for the same period last year. However, revenues were up 63% year-on-year on a […]
Discovery has completed its US$14.6 billion takeover of US cable rival Scripps Networks Interactive, and is now looking to use its new scale to tap into OTT opportunities. The new look group comprises channels such as Discovery Channel, Travel Channel, TLC, HGTV and Animal Planet among others, and owns over 8,000 hours of programming. Following […]
Scripps Networks Interactive is launching Food Network as a free-to-air channel in Italy. The channel will launch on May 8 as the first dedicated multi-platform food entertainment channel in the country, according to Scripps. o accompany the on-air offering, Food Network will launch a localized website featuring tested recipe collections, tips and food hacks. In […]
Lifestyle channel operator Scripps Networks Interactive says the types of shows on its channels drive higher engagement and a better commercial return than reality programming, sport or news. Scripps commissioned a study from Nielsen into the effectiveness of advertising around different genres of programming. It concluded that ads around lifestyle content can generate significantly higher […]
Scripps Networks Interactive will not renew its distribution agreement with subscription video service Netflix. SNI president Burton Jablin revealed the US cable company’s intention during an investor call that followed third quarter results that saw TV ad revenues push numbers up. “We assessed the SVOD universe and have made the strategic decision not to extend […]
Scripps Networks Interactive has poached A+E Networks UK’s Kasia Jablonska to become VP, affiliate sales in EMEA. Jablonska has been with A+E for three years, but will now report into SNI’s senior VP, commercial, UK and EMEA Ross Hair in her new London-based role. She will be responsible for managing distribution of Scripps’ lifestyle channels […]
Turner has led a US$45 million (€40 million) funding round in female-focused lifestyle site, Refinery29, with additional participation coming from Scripps Networks Interactive. The investment will see Refinery29 “supercharge” its growing video production business across a range of new formats and channels. Turner and Refinery29 will also work together to create and develop content for […]
Scripps has identified a “substantial opportunity” for HGTV in Europe, and said that the global rollout of the channel is a “key priority”. Speaking on the company’s second quarter earnings call, Scripps CEO Kenneth Lowe said that the company would make more announcements about Home and Garden Television in Europe in “the coming months”. This […]
Scripps Networks Interactive is launching its HGTV channel in the Middle East and North Africa region for the first time in partnership with local pay TV operator BeIN Media Group. Scripps has agreed a deal with BeIN to launch lifestyle channels HGTV and Travel Channel. Travel Channel will be available from August 1, bringing content […]
Media veteran Markus Tellenbach is leaving his post as president and CEO of Polish media group TVN, with Scripps’ international chief Jim Samples filling the role until a permanent replacement is found. SNI said Tellenbach is stepping down without citing any reason for his departure, which comes 12 months after Scripps completed its takeover of […]
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