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Scripps Networks Interactive has bought a majority stake in the Travel Channel in a deal that values the cable network at $975 million. That price tag is sure to raise eyebrows in the industry. When Travel Channel parent Cox Communications...
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Will rock and roll chef Anthony Bourdain come work in the commissary as part of a deal? That might be what some of the major media conglomerates kicking the tires of Cox Communications' Travel Channel are wondering. The auction for...
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Media companies just aren’t worth what they used to be. News Corp. and Time Warner last week both took billion-dollar writedowns against quarterly earnings as the economy lowered the value of some of their assets. The industry titans said the downturn was steeper than anticipated and the watchword going...
Posted to
The Business of Television
by
News
on
Sun, Feb 8 2009
Filed under:
Filed under: Broadcast, Cable, Advertising, Print Edition, Earnings, Scripps Networks, Time Warner, Jeff Bewkes, Rupert Murdoch, News Corp., Economy