|
|
Article: Scripps Likes Food, Travel.(Scripps Networks Inc. chief financial officer Joe NeCastro)(Television Food Network G.P.)(The Travel Channel L.L.C.)(Brief article)
- Article from:
- Multichannel News
- Article date:
- September 21, 2009
- Author:
CopyrightCOPYRIGHT 2009 Reed Business Information, Inc. (US). This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
by Mike Farrell
New York-- Scripps Networks Interactive is in the hunt for cable programming assets, including some it knows very well, chief financial officer Joe NeCastro said last Wednesday.
NeCastro, speaking at the Goldman Sachs Communacopia conference, said Scripps is among those looking at Travel Channel, which went up for auction earlier this year, but also has an interest in acquiring the 31% interest in the Food Network it doesn't own. That stake is currently held by bankrupt Tribune Co.
NeCastro said Travel Channel would fit well with Scripps's cable networks: HGTV, Food Network, Fine Living, DIY and Great American Country.
...