Strong affiliate-fee growth from cable operators in the first quarter partly offset a drop in advertising sales at Scripps Networks Interactive, home of channels including HGTV and Food Network. The company’s net income fell to $60.1 million, or 37 cents per share, from $66.5 million, or 41 cents, in...
Since adding some youth to its recipe, Food Network has been really cooking, setting ratings records for 2008. One surprise ingredient has been Guy Fieri, who came out of nowhere to win “Next Food Network Star” in 2006. Since then he’s become the star of two popular shows on the network, Sunday morning...
Scripps Networks Interactive said that cancellations of upfront advertising buys are running “in the low teens,” compared with rates in the previous quarter of 2% to 5%. Scripps Networks President John Lansing, speaking on the company’s first-quarter earnings call Thursday, said many of the advertisers...
Scripps Networks Interactive reported a fourth-quarter net loss of $154 million as an asset writedown offset a small increase in profit at its cable networks. "Led by HGTV and Food Network, the company had a very good fourth quarter, especially when considering the strong macroeconomic headwinds...
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Thu, Feb 5 2009
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Filed under: Cable, HGTV, Earnings, Food Network, Fine Living, Great American Country, Scripps Networks Interactive, DIY Network, SNI, Kenneth W. Lowe, SN Digital
Scripps Networks Interactive said third-quarter earnings were slightly lower because of costs associated with splitting off from newspaper company E.W. Scripps. Scripps, which runs cable channels HGTV, Food Network, DIY, Fine Living and Great American Country as well as a number of Web properties, said...
A new Food Network series shows how far the network has moved from offering recipes and kitchen advice to providing lifestyle programming. “The Chef Jeff Project” features Jeff Henderson, a former prison inmate turned executive chef. In the series, which launches Oct. 12, he tries to use cooking as a...
Scripps Networks keeps finding hosts for new programs through reality shows. Jennifer Bertrand was voted the winner of HGTV’s “Design Star” Sunday night. As part of her prize, she’ll get her own show on the network. It is expected to premiere on the network in January. Meanwhile, Food Network announced...