Scripps Networks
BOSTON, MA -MAY 21: (L-R) Steve Miron, Bright House Networks, Salaam Coleman Smith, Style Network, Kathy Payne, Cox Communications, John Lansing, Scripps Networks, Jerry Kent, Suddenlink Communications, Paul Richardson, ESPN, Glenn Britt, Time Warner Cable, Iris Bohnet, Harvard University, Bridget Baker, NBCUniversal, Mary Meduski, Suddenlink Communications, Kelly Regal, Turner Broadcasting System, Pat Esser, Cox Communications, Maria Brennan, WICT, D'Arcy Rudnay, Comcast, and Jeanne Mai, Style Network, attend WICT Signature Luncheon May 21, 2012 at the Westin Boston Waterfront Hotel in Boston, Massachusetts.
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Scripps Networks posted 1Q EPS of $0.73, far exceeding what we and the Street had modeled and representing the biggest beat since 3Q10. We are raising 2012 EPS estimates from $3.18 to $3.40 and 2013 from $3.55 to $3.90 to incorporate stronger affiliate fee revenues, advertising forecasts and share repurchases. We believe the stock is trading at fair value.
We are looking forward to integrating Travel Channel International into Scripps Networks Interactive's portfolio of popular lifestyle networks
Scripps Networks Interactive is the natural home for Travel Channel International ... Combining TCI’s reach and resources in our territories with those of SNI’s U.S. Travel Channel creates a new worldwide brand with powerful synergies in programming and advertising.More quotes »
Newsday's coverage
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Scripps to buy Travel Channel Int'l for $103M
-- Travel Channel owner Scripps Networks Interactive Inc. said Thursday that it will buy U.K. company Travel Channel International Ltd. for 65 million pounds ($103 million) to expand overseas.Travel Channel International produces content about traveling, under Read more »
Around the web
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Site Manager – Cooking Channel / Scripps Networks / New York, NY
Cooking Channel, sister to Scripps Networks Interactive property, Food Network, seeks a creative and highly-skilled Site Manager to co-lead daily operations for CookingChannelTV.com and related digital offerings. Under the direction of the VP, Digital Em from paidContent.org Read more »
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Scripps Networks Interactive to participate in Nomura conference
Lori Hickok, executive vice president, finance, Scripps Networks Interactive Inc. (NYSE: SNI), will discuss the company’s business strategies at Nomura’s Second Annual U.S. Media, Cable and Telecom Summit on Thursday, May 31, 2012, in New York City. The from iStockAnalyst Read more »
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Terriers' Athletic Director Irma Garcia Named Among The Women’s Sports Foundation's 40 FOR 40 Honorees to Commemorate the 40th Anniversary of Title IX:
New York, NY (May 18, 2012) – The Women's Sports Foundation (WSF), in collaboration with espnW and Women in Cable Telecommunications (WICT), today released its 40 FOR 40 list of forty women, including St. Francis College Director of Athletics, Irma Garci from St. Francis Athletics Read more »
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Global marketing exec joins Scripps Networks Interactive board
eBay’s Richelle Parham brings digital marketing experience to company’s lifestyle media focus KNOXVILLE, Tenn.--(BUSINESS WIRE)-- Richelle Parham, chief marketing officer of eBay Marketplaces, North America, has been elected to the board of directors of from Street Insider Read more »
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Scripps Networks Interactive Crushes Earnings Estimates
(NYS: SNI) reported earnings on May 9. Here are the numbers you need to know. The 10-second takeaway For the quarter ended March 31 (Q1), Scripps Networks Interactive beat expectations on revenues and crushed expectations on earnings per share. Compared from AOL News Read more »