Who Might Want To Buy AMC Networks, Scripps, Or Starz?

CBS, Disney, Fox, and Time Warner are the easy answers — and the ones that many financial types believe are eyeing the independent programming network companies following Comcast’s $45.2B agreement to buy Time Warner Cable. AMC Networks logoBut Bernstein Research’s Todd Juenger takes the conversation a step further today with an intriguing report that suggests several less obvious potential buyers for AMC Networks, Scripps or Starz. Distributors including DirecTV, Dish Network, Charter, AT&T and Verizon might want to take a page from Comcast’s playbook when it bought NBCUniversal. DirecTV doesn’t offer broadband, so it has “additional motivation to take some action to future-proof the business,” possibly by offering exclusive access to certain networks, Juenger says. Charter and Dish are long shots: Charter probably could only afford AMC. And Dish Chairman Charlie Ergen seems intent on acquiring airwave spectrum, although “nobody really knows Mr. Ergen’s potential plans, and they could change.” AT&T and Verizon’s corporate cultures are “a step (or three) further removed from the content business.” Yet here, too, they might take a leap since “their historical core businesses are not exactly growing, and they could amass the financial resources.”

Related: What A Comcast-TWC Could Mean For Hollywood

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Discovery Isn’t Preparing A Bid For Scripps Networks, Although It’s Intrigued

Talk about a Discovery-Scripps Networks deal appears to be premature. Discovery execs are engaged in what-if conversations about the idea of bidding for the owner of HGTV and discoverycomm1Food Network. But the company hasn’t prepared an offer, and doesn’t have … Read More »

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Will Discovery Make A Play For Scripps Networks?

Investors are excited by a report in Variety that says the matter was discussed at a Discovery board meeting today. Scripps Networks shares are up 15.6% in post-market trading to $87, Scripps Networks logowhich would be a new high … Read More »

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Scripps Networks CEO Upbeat About Programming And Economy

By | Wednesday September 25, 2013 @ 7:52am PDT

Add Scripps Networks CEO Ken Lowe to the parade of programming execs who are telling investors that the pay TV bundle will stay intact, no matter what consumers want. “We are not going to … Read More »

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Scripps Networks Chief Information Officer Ron Johnson To Retire; Bob Baskerville To Take Over Tech Post

By | Monday August 19, 2013 @ 4:30pm PDT

KNOXVILLE, Tenn.–Bob Baskerville, a member of the original team that helped launch HGTV nearly 20 years ago, has been named chief information officer for Scripps Networks Interactive Inc. (NYSE: SNI). Baskerville will provide leadership and oversight for all information technology operations at the company, which operates a portfolio of popular lifestyle television networks, websites and related content businesses. In addition to HGTV, Scripps Networks Interactive brands include Food Network, Travel Channel, DIY Network, Cooking Channel and Great American Country. Baskerville, who currently serves as chief operating officer for the company’s growing international business, will succeed current Chief Information Officer Ron Johnson, who has announced his intention to retire at the end of the year.

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Amazon Licenses Streaming Rights For Scripps Networks Shows

By | Thursday February 28, 2013 @ 7:27am PST

SEATTLE–Feb. 28, 2013– (NASDAQ: AMZN) – Amazon.com, Inc. today announced a content licensing agreement with Scripps Networks Interactive, Inc. (NYSE: SNI) that will make Prime Instant Video a subscription home to hundreds of episodes from past seasons of hit TV shows from the Scripps family of brands: HGTV, DIY Network, Food Network, Cooking Channel and Travel Channel.

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Scripps Networks Q2 Results Top Forecasts With Contributions From Food Network

By | Thursday August 2, 2012 @ 4:47am PDT

Investors have been warming to the lifestyle cable channel company. And if Scripps can assure them that programming costs are under control, it likely helped itself this morning. It projected that total year revenues could rise as … Read More »

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Scripps Networks Exceeds Q1 Expectations As Programming Costs Rise

By | Thursday May 3, 2012 @ 4:46am PDT

The home of HGTV and the Food Network seemed to deliver in Q1. It had net income of $157M, up 8% vs early 2011, on revenues of $535.3M, up 11.3%. The revenue figure compares to Wall Street’s expectation … Read More »

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Scripps Networks Interactive To Buy Travel Channel International In £65 Million Deal

KNOXVILLE, Tenn. – Scripps Networks Interactive Inc. (NYSE: SNI) today reached an agreement to acquire Travel Channel International Limited (TCI), an independent company headquartered in the United Kingdom that distributes the Travel Channel brand in 20 languages across Europe, Africa, Middle East and Asia Pacific regions.

The company produces and commissions original travel programming for distribution in 91 countries.

Scripps Networks Interactive will pay £65 million to acquire TCI. The transaction is expected to be completed in the second quarter of 2012 pending regulatory approval.

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Media Stocks -5.4% As Fresh Data Suggest The Economy Continues To Weaken

The bears are back. After a relatively calm week, stocks prices across the board — including in media — are tanking today following reports that point to rising unemployment and inflation, and weakness in manufacturing. An hour before … Read More »

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Scripps Acquires Virgin’s Stake In UKTV

By | Monday August 15, 2011 @ 6:18pm PDT

Scripps Networks Interactive and Virgin Media announced the agreement today. UKTV is one of Britain’s leading multichannel TV programming companies. Scripps Networks will pay about $390M to purchase Virgin Media’s 50% common equity interest in the UKTV partnership and … Read More »

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