Scripps Networks
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| Public | |
| Traded as | |
| Industry | |
| Fate | Acquisition by Discovery Communications pending |
| Predecessor | E. W. Scripps Company |
| Founded | July 1, 2008 |
| Headquarters | Knoxville, Tennessee, United States |
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Key people
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Production output
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TV shows |
| Services | TV channels |
| Revenue |
 US$ 2.5 billion (2013)
|
|
US$ 958.5 million (2013)
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 US$ 683 million (2013)
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| Total assets |
US$ 4.4 billion (2013)
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| Total equity |
US$ 2.1 billion (2013)
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Number of employees
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2,200 (2013) |
| Divisions | |
| Subsidiaries | |
| Website | www |
Scripps Networks Interactive is an American media company formed on July 1, 2008, when the E. W. Scripps Company spun off its cable television division as a publicly traded company. Since launching HGTV in 1994, Scripps Networks diversified into lifestyle media, developing relevant content for television, Internet, satellite radio, books, magazines, and on emerging media platforms. In addition to HGTV, its lifestyle media brands include Food Network, DIY Network, Cooking Channel, Travel Channel, Great American Country and ulive.
Scripps is headquartered in Knoxville, Tennessee. The company has additional office locations in New York City; Los Angeles; Chicago; San Francisco; Chevy Chase, Maryland; Atlanta; Detroit; Nashville; Cincinnati; and offices in São Paulo (Brazil), London (UK) and Singapore.
Scripps Networks' Chairman, President and CEO is Kenneth W. Lowe, who founded HGTV in 1994.
On July 31, 2017, Scripps Networks and Discovery Communications announced that the latter will acquire the former in a $14.6 billion cash and stock deal.
Scripps Networks Interactive's roots began in 1994, when the E. W. Scripps Company purchase Cinetel Productions from the Bagwell family. Cinetel Production was based in the Cedar Bluff area of Knoxville, Tennessee. Scripps Networks took over Cinetel HQ. On December 1, 1994 HGTV went on the air to 6.5 million homes in 50 markets.
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Wikipedia