Strong quarter for Scripps

International broadcaster Scripps Networks Interactive saw revenues increase 10% in the fourth quarter of 2011. The US-based company posted revenues of US$553 million (€417 million). Ad revenue was up 11% year-on-year to US$394 million while affiliate fee revenue increased 5.7% to US$147 million. By channel, Food Network generated most revenue at US$204 million (up 15%), […]

Scripps names international president, promotes Baskerville

US-based channel operator Scripps Networks Interactive has named Jim Samples as president of its international business. Formerly president of Scripps’ home-based network HGTV, Samples will oversee the company’s international programming portfolio, including Food Network. He will report to Joseph NeCastro, chief financial and administrative officer. Samples succeeds Greg Moyer, who will continue to serve as […]

Food Network HD on Zon

Scripps Networks International’s Food Network HD channel will be available as part of Portuguese pay TV operator Zon Multimédia’s line-up from October 10. Food Network will be available to all Zon HD pack digital subscribers, following a deal brokered by Food Network EMEA’s distribution partner Chello Zone. The channel is already carried on Portugal Telecom […]

Food Network launches in Ireland

The Food Network has launched in Ireland after the Scripps Network Interactive-run broadcaster struck a deal with cable operator UPC Ireland. The channel will be available to all of UPC’s digital subscribers and will air series including Chopped, Barefoot Contessa, Diners, Drive-ins and Dives and 30 Minute Meals. “We’re really pleased to add UPC Ireland […]

Analysts positive on Scripps’ UKTV deal

Analysts have reacted positively to Scripps Networks Interactive’s £339 million (€386 million) deal for a 50% share in UK digital channel group UKTV. Credit ratings agency Moody’s says that Scripps can easily afford to find the deal from its cash reserves, which stood at US$713 million (€497 million) at end-June. The agency said Scripps will […]

Scripps acquires Virgin Media stake in UKTV

US-based Scripps Networks Interactive has struck a deal to acquire Virgin Media’s 50% stake in UKTV. Scripps will pay £239 million (€273 million) for Virgin Media’s common equity and a further £100 million for the outstanding preferred shares and debt owned by UKTV to Virgin Media. BBC Worldwide will retain its 50% stake in UKTV. […]

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