Scripps and Cox are forming a new Joint Venture to own and run Travel Channel Media … Cox keeps 35% and Scripps gets 65%.•
via MediaBiz.
Posted on 05 November 2009 by Bill Gorman
Scripps and Cox are forming a new Joint Venture to own and run Travel Channel Media … Cox keeps 35% and Scripps gets 65%.•
via MediaBiz.
Scripps also has HGTV, Food Network, DIY, Fine Living (becoming the Cooking channel), and Great American Country. Travel fits its portfolio of underperformers.
HGTV is absolutely not an underperformer. Take at look at the most watched cable networks, it is often in the top 10 or right near the top 10.
Fine Living is becoming the Cooking Channel even though they already have the Food Network??? Explain that stupidity please.
As for Scripps adding Travel Channel to its stable, in comparison to their other channels, it is like adding a race horse to a plow team. The Travel Channel might be able to help them but they won’t be able to help it. I’m surprised that the Discovery Channel company didn’t snap up the Travel Channel.
Scott, here’s the announcement: http://tvbythenumbers.com/2009/10/09/scripps-shuttering-fine-living-network/30072
David, I’ll spot you FOOD and HGTV, though they’re not top 10: http://tvbythenumbers.com/2009/10/27/another-football-driven-weekly-cable-ratings-win-for-espn/31659