Thursday, November 5, 2009
Scripps Books Travel Channel in $975 Million Deal
It’s official: Scripps Networks Interactive has won the Travel Channel auction. In a deal that values the channel at $975 million, Scripps will acquire a majority interest in the property while current owner Cox retains a 35 percent stake. News Corp., among others, had been bidding for the channel.










YouTube sneaked up on big media, then scared the hell out of them, then tried to do business with them, more or less unsuccessfully.




