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Scripps Networks Interactive history
Scripps Networks Interactive company history timeline
Scripps Networks Interactive was founded on July 1, 2008 and is headquartered in Knoxville, TN.”
On July 1, 2008, Scripps spun out its cable networks and online properties as a new, publicly traded company known as Scripps Networks Interactive.
The company acquired a majority interest in the Travel Channel from Cox Communications for a reported $975 million in late 2009, and the following year rebranded Fine Living Network as Cooking Channel.
In 2011, Virgin Media agreed to sell its 50% stake in UKTV to Scripps Networks Interactive for $495 million (£339 million). Completion of the transaction was contingent on regulatory approvals in Ireland and Jersey, which was received on October 3, 2011.
The deal was completed on May 1, 2012, following regulatory approval.
In May 2013, Scripps Networks Interactive announced that it would open a Brazilian headquarters, in São Paulo, and had appointed the former vice-president of strategy of Fox as managing director, broadcasting its channels to the entire Latin America region.
On June 5, 2013, the company launched ulive, a digital-only lifestyle video brand that combined video content from the company's media brands with third-party videos and original series.
On July 31, 2017, Discovery Communications announced that it would acquire Scripps Networks Interactive for $14.6 billion in a cash and stock deal.
The purchase was approved by the United States Department of Justice on February 27, 2018, and was closed on March 6, 2018.
Discovery will establish an operational hub in Knoxville, but the company also announced plans to relocate its worldwide headquarters from Silver Spring, Maryland to New York City in 2019.
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Scripps Networks Interactive competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| AMC Networks | 1980 | $2.4B | 2,197 | 27 |
| A+E Networks | 1984 | $890.0M | 1,047 | 25 |
| TV Guide | 1953 | $84.0M | 170 | - |
| National CineMedia | 2005 | $240.8M | 346 | 1 |
| Turner Broadcasting | 1965 | $3.8B | 10,001 | - |
| Hachette Filipacchi Media | 1826 | $46.0M | 50 | - |
| Wenner Media | 1967 | $63.4M | 200 | - |
| Trusted Media Brands | 1922 | $170.0M | 750 | 7 |
| Condé Nast | 1909 | $1.7B | 7,718 | 63 |
| Integrated Media Technologies | 2007 | $5.6M | 50 | - |
Scripps Networks Interactive history FAQs
Zippia gives an in-depth look into the details of Scripps Networks Interactive, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Scripps Networks Interactive. The employee data is based on information from people who have self-reported their past or current employments at Scripps Networks Interactive. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Scripps Networks Interactive. The data presented on this page does not represent the view of Scripps Networks Interactive and its employees or that of Zippia.
Scripps Networks Interactive may also be known as or be related to Scripps Networks Interactive, Scripps Networks Interactive Inc, Scripps Networks Interactive Inc. and Scripps Networks, Inc.