Advertising Age logo Advertising Age 1 month ago

Scripps Buys 65% Stake in Travel Channel

That Travel Channel would become such a hot property in an otherwise brutal year for media is a sign of the renewed optimism in mergers and acquisitions that's also driving the likely Comcast-NBC Universal deal currently in the works. Full Article at Advertising Age

Related Topics:

  1. Travel Channel
  2. News Corporation Limited
  3. NYSE

Related Articles

  1. Multichannel News logo
    Scripps Pays $1B for Travel
    1 month ago

    The deal market suddenly came alive last week when Scripps Networks Interactive agreed to pay about $1 billion for the Travel Channel, nearly twice the estimated value of the network when its auction began almost five months ago. Full Article at Multichannel News

  2. TransWorldNews logo
    Scripps Networks (NYSE: SNI) to Take Majority Stake in Travel Channel
    1 month ago

    Scripps Networks (NYSE: SNI) announced Thursday that the company is taking a controlling stake in the Travel Channel, giving the cable network a value of nearly $1 billion, according to Associated Press. Full Article at TransWorldNews

  3. Hollywood Reporter logo
    Scripps secures 65% of Travel Channel
    1 month ago

    NEW YORK -- Scripps Networks Interactive has agreed to buy a 65% stake in Travel Channel Media from Cox Communications in a deal that values the Travel Channel at nearly $1 billion. Full Article at Hollywood Reporter

  4. Wall Street Journal logo
    Scripps Networks Wins Deal for Travel Channel
    1 month ago

    ByJeffrey McCracken AndSam Schechner Scripps Networks Interactive Inc. has won a bidding war to control Cox Communications Inc.'s Travel Channel, the companies announced Thursday. Full Article at Wall Street Journal

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Cast of Characters

  1. Travel Channel Travel Channel
  2. News Corporation Limited News Corporation Limited
  3. National Geographic Channel National Geographic Channel
  4. NYSE NYSE
  5. DIY Network DIY Network
  6. Time Warner Inc. Time Warner Inc.