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Scripps Split Liberates HGTV, Food Network

  • TV Week, Tuesday, July 1, 2008 10:15 AM

When E.W. Scripps splits up this week, the company's cable unit, including HGTV and the Food Network, will be freed from their troubled old-media cousins.

The company's lifestyle cable networks and the Web extensions of those networks will make up a new entity called Scripps Networks Interactive, headed by Ken Lowe. With HGTV and Food Network as the foundation, SNI is looking to dominate the shelter and food categories on as many platforms as possible.

The other new company created in the split, a "new" Scripps, will own Scripps' newspapers and television station assets. The needs of the stations and papers had previously put a damper on how much capital could be spent on cable projects, says Lowe. "Now our management team will be more focused on where we're going to take the company."



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