Reuters UK (Free subscription) | 07/24/2008
NEW YORK, July 24 (Reuters) - EW Scripps Co , a newspaper publisher and television station owner, reported a drop in second-quarter income because of charges related to spinning off its cable TV networks and online businesses earlier this month.
Mediabuyerplanner (Free subscription) | 07/24/2008
Second-quarter profit at EW Scripps fell by 48 percent on revenue decline at its newspaper properties and costs related to ; the company warned that third-quarter earnings would fall short of analyst...
Paidcontent (Free subscription) | 07/24/2008
The separation of EW Scripps ( NYSE: SSP ) and Scripps Interactive occurred on July 1, the day after Q2 ended, so this will be the last time the two Scripps report as one company: Total combined revenue for the quarter was $664.1 million, a 3.8 percent increase from $640.0 in the year-ago quarter. Net income comparisons were affected by a debt repurchase, but op income slipped 1.3 percent to $163.6...
Cincinnati Enquirer (Free subscription) | 07/02/2008
Wall Street investors in the two companies formed out of the E.W. Scripps Co. on Tuesday seemed to choose new media over old media.
Denver Post (Free subscription) | 07/02/2008
Shares of E.W. Scripps Co., owner of 17 daily newspapers including the Rocky Mountain News and 10 television stations, fell 5.6 percent on the New York Stock Exchange after completing the spinoff of its cable-TV unit on Tuesday.
Seeking Alpha (Free subscription) | 07/02/2008
Julia Boorstin submits: As of yesterday, E.W. Scripps (SSP) is officially splitting into two public companies; slow growth old media, and the faster growing cable and new media divisions. Scripps Networks Interactive is the one on the rise and it includes the highly-rated and highly-profitable cable TV networks, including HGTV, Food Network, DIY Network, and Great American Country. It's bundling these...
The Denver Business Journal (Free subscription) | 07/01/2008
The E.W. Scripps Co., which owns Denver's Rocky Mountain News, officially became two companies Tuesday, one operating struggling newspapers and local TV stations, and the other running more-successful cable channels and online businesses. (SSP)
Screenwerk (Free subscription) | 07/01/2008
EW Scripps has split itself into two companies: one featuring local TV stations and print newspapers (EW Scripps) and the other combining its online and cable TV properties (Scripps Networks Interactive). It’s a pretty clear case of growth vs. stasis, “new media” vs. “old media” in the minds of Scripps executives. The new SNI (the other [...]
Reuters UK (Free subscription) | 07/01/2008
NEW YORK (Reuters) - EW Scripps Co shares fell nearly 10 percent on their first day of trading on Tuesday after the company spun off its Internet and cable television properties into Scripps Networks Interactive Inc .
TV Food Fan.com (Free subscription) | 07/01/2008
Now you can help build your nest egg with a little bit of Tyler Florence because today marked the first day of trading for the spin-off Scripps Networks Interactive Inc. Well, sure...you always could have bought a share of former parent company E.W. Scripps at one point or another, but whatever. According to that article, E.W. Scripps shareholders will receive one share of the new stock for every SSP...
Silicon Alley Insider (Free subscription) | 07/01/2008
Want to know what a pure-play cable TV-and-Internet company trades like? Now you have a chance. Scripps Networks Interactive starts trading today on the NYSE under ticker symbol "SNI." The E.W. Scripps (SSP) company announced in October it would separate its cable-and-Internet unit to from the albatross of daily newspapers and local broadcast TV, which make up the bulk of Scripps' holdings. What does...
The Drunkablog (Free subscription) | 06/29/2008
For "reasons of space" the full story in the Rocky was only at the finance editor's blog : The continuing decline of the newspaper industry is putting pressure on the owners of Denver's two daily papers. Tuesday, E.W. Scripps, the owner of the Rocky Mountain News, will spin off its fastest-growing businesses -- its cable networks and Internet sites -- into a new company called Scripps Networks Interactive....
Market Watch (Free subscription) | 06/25/2008
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TechConnect Magazine (Free subscription) | 06/18/2008
E.W. Scripps' Scripps Networks has now reached an agreement with AOL that will see it provide video content from its cable channels through the latter's AOL Video website. The deal will enable AOL Video and other Time Warner sites to host various video clips from Scripps Networks' HGTV, DIY Network, Food Network and Fine Living Network. "Building our distribution platform with these AOL partners allows...
Market Watch (Free subscription) | 06/13/2008
SAN FRANCISCO (MarketWartch) -- E.W. Scripps Co. said Friday its controlling class of shareholders approved the separation of Scripps Networks Interactive Inc. into a separate publicly traded company. On July 1, Scripps Networks Interactive will begin trading under the ticker symbol "SNI." Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com...
