Around the Net

Travel Channel Buys Into Hotel-Booking Site

Scripps Network Interactive's The Travel Channel is diversifying its business by buying a minority stake in Oyster.com, a three-year-old commerce and content site focused on hotels and funded by Bain Capital Ventures.

As part of the deal, the Travel Channel will share revenue from trips booked on Oyster.com through travelchannel.com, as well as develop programming and other content using Oyster personnel.

Read the whole story at Broadcasting & Cable »

Next story loading loading..