{"id":13388,"date":"2013-11-02T21:07:00","date_gmt":"2013-11-03T01:07:00","guid":{"rendered":"https:\/\/bejone03.expressions.syr.edu\/trf235\/?p=13388"},"modified":"2013-11-20T15:29:16","modified_gmt":"2013-11-20T20:29:16","slug":"scripps-networks-interactive-4","status":"publish","type":"post","link":"https:\/\/bejone03.expressions.syr.edu\/trf235\/2013\/11\/02\/scripps-networks-interactive-4\/","title":{"rendered":"Scripps Networks Interactive"},"content":{"rendered":"
By Alexa Sternschein<\/pre>\n
\"scripps-networks-interactive-inc-logo\"<\/a>
This photo is curtesy of wkrb13 (1)<\/a><\/p><\/div>\n
Scripps Network Interactive is a cable network that specializes in life-style oriented content.\u00a0 They\u2019re main brands include HGTV, DIY Network, Food Network, Cooking Channel, Travel Channel, and Great American Country.\u00a0 They\u2019re company is based on delivering content and products related to the home and food.\u00a0 The shows that are aired are all about inspiring their viewers to live a better lifestyle, whether it\u2019s through home improvement or new recipes try to here and there. \u00a0If you click on the image below, it will lead you to Scripps Networks Interactive’s 2013 upfront video. (2)<\/a><\/p>\n
\"Poster-LG-SNI-Sizzle\"<\/a><\/p>\n
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Key Executives (3)<\/a><\/strong><\/p>\n
\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0\"Ken<\/a>\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \"Joe<\/a><\/p>\n
\u00a0 \u00a0 \u00a0 \u00a0 \u00a0Kenneth W. Lowe \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 Joseph G. Necastro<\/p>\n
\u00a0 \u00a0 \u00a0 Chairman of the Board, \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 Chief Financial and<\/p>\n
President and Chief Executive Officer \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0Administrative Officer<\/p>\n
\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0\"Burton<\/a>\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0\u00a0\"Thmb-Leader-Henry-Ahn\"<\/a><\/p>\n
\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 Burton Jablon \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0Henry Ahn<\/p>\n
\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0President, \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0Executive Vice President<\/p>\n
\u00a0 \u00a0 \u00a0 \u00a0Scripps Network \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 Corporate Controller and Emerging Business CFO<\/p>\n
History\u00a0<\/strong><\/p>\n
Scripps Network Interactive was founded in 1878 by Edward W. Scripps.\u00a0 It started as a newspaper publishing company after he founded The Penny Press in Cleveland.\u00a0 During the post-war era it started to build its reputation as a leading local television operator.\u00a0 HGTV was the first television network to be developed by Scripps Network Interactive.\u00a0 After that the Food Network, DIY Network, and Fine Living Network.\u00a0 Scripps also added Great American Country and the Travel Channel to its portfolio later on.<\/p>\n
\u00a0In 2007 the company split into two publicly traded companies.\u00a0 One side focused on the growing national television lifestyle brands and global Internet services.\u00a0 The other side focused on relevant, innovative and enduring local media business. (4)<\/a><\/p>\n
Financials<\/strong><\/p>\n
Revenue: \u00a0$594 Million<\/p>\n
Operating Income: $219 Million<\/p>\n
Costs of services before Interest, Taxes, Depreciation, and Amortization: $163 Million<\/p>\n
The figures above are the 2013 first quarter results. \u00a0The company is currently in its third quarter but the second quarter results have not been made public yet. \u00a0Compared to 2012, there was a major increase for all three categories in the first quarter of 2013. \u00a0Revenue increased 11% from $535 million in 2012 to $594 million in 2013. \u00a0Operating income increased 2.4% from $214 million in 2012 to $219 million in 2013. \u00a0Costs of services before interest, taxes, depreciation, and amortization unfortunately also increased by 18.8% from $137 million in 2012 to $167 million in 2013. \u00a0Overall Scripps Networks Interactive is showing great improvement from 2012 to 2013. (5)<\/a><\/p>\n
Networks<\/strong><\/p>\n
\"logo_brand_hgtv\"<\/a><\/p>\n
HGTV consists of home and lifestyle programming. \u00a0It was the first brand to be part of the Scripps Networks Interactive portfolio and it was created in 1994.(6)<\/a> \u00a0Most of the shows on HGTV are about home decorating such as 24 Hour Design, 25 Biggest Renovating Mistakes, and Behind the Build: HGTV Dream Home. \u00a0With the holidays around the corner, they are also doing a lot of holiday specials, such as Celebrity Holiday Homes and 25 Great Holiday Ideas.(7)\u00a0<\/a><\/p>\n
\"logo_brand_food\"<\/a><\/p>\n
Food Network consists of new, interesting, and creative ways to approach food. \u00a0It is not only “how to” cooking shows, there are also competitions and travel shows. \u00a0It keeps food relevant. \u00a0Food Network was introduced in 1997. (6)<\/a> \u00a0You can find shows such as Diners, Drive Ins, and Dives, Chopped, and 30 Minute Meals. (8)<\/a><\/p>\n
\"logo_brand_diy\"<\/a><\/p>\n
DIY Network consists of Home Improvement shows. \u00a0These are the shows you watch when you want to learn how to get your hands dirty and really improve your house yourself and not just decorate it. \u00a0DIY Network was added to the Scripps Network Interactive portfolio in \u00a01999. (6)<\/a> \u00a0Some of the shows that you will find on this channel are House Crashers and I Hate My Bath. (9)<\/a><\/p>\n
\"logo_brand_cooking\"<\/a><\/p>\n
The Cooking Channel is sort of an extension of Food Network. \u00a0Food Network is a network that consists or television programming and websites. \u00a0The Cooking Channel is the actual channel that provides the Food Network Programming. (6)<\/a><\/p>\n
\"logo_brand_gac\"<\/a><\/p>\n
Great American Country celebrates American culture through music, food, family, home and travel. \u00a0It was added to the Scripps Networks Interactive portfolio in 2004.(6)<\/a> \u00a0Some of it’s shows are Top 20 Country Countdown, Celebrity Motor Homes, and Made in America. (10)<\/a><\/p>\n
\"logo_brand_travel\"<\/a><\/p>\n
The Travel Channel consists of programming exclusively devoted to travel entertainment. \u00a0It helps people explore the world without leaving their couch, but it also helps them plan a trip if they want to get out there and explore. \u00a0Scripps acquired the Travel Channel in 2009. (6)<\/a> \u00a0It consists of shows such as Bizarre Foods, Baggage Battles, and The Dead Files. (11)<\/a><\/p>\n
What’s Happening Now<\/strong><\/p>\n
Scripps Networks Interactive has accomplished many things in 2013 and has a lot coming up in the year 2014. \u00a0According to the CEO, Kenneth Lowe, the lifestyle programming that is offered by Scripps Networks Interactive is very similar to sports because it is usually viewed live. \u00a0Scripps emphasizes immediacy and because of this most of the advertising is C3 advertising. \u00a0However, lately there has been a large viewing through DVR on Sunday nights, so there might be a slight shift to C7 advertising. \u00a0“So, I think it’s good for the industry … that we’re moving to C7 for sure,” said Lowe. (12)<\/p>\n
In order to keep up with the large live viewership of the Scripps audience, Scripps Networks Interactive has recently released a new lifestyle video site and distribution platform called ulive. \u00a0Ulive will provide videos from each Scripps brand along with over 70 original series. (13) \u00a0Ulive is almost like another brand added to the Scripps portfolio that offers all the old existing shows along with new shows and series. \u00a0Because of the holiday season, a lot of the new shows on ulive are holiday specials such as Holiday Hangups. (14)<\/a><\/p>\n
\"Ulive\"<\/a>
(14)<\/a><\/p><\/div>\n
In other news, Scripps Networks Interactive was recently in the midst of making a deal with Chellomedia BV. \u00a0The two parties unfortunately could not agree on a deal and Chellomedia was sold to AMC Inc instead. \u00a0The thought process behind this attempted deal was that Scripps is trying to “bring in the minority interests of both Food Network and Travel Channel.” \u00a0The company is still in the process of deciding what to do with its cash reserves for now. (15)<\/p>\n
Expanding Their Borders<\/strong><\/p>\n
Scripps Networks International has just recently launched Food Network and the Travel channel in Croatia. \u00a0Programming will be available through two channels owned by Vipnet. The two channels will be available in standard definition. \u00a0Travel Channel is fully localized and Food Network will be fully localized by 2014. (16) \u00a0Scripps Networks International is currently available in 170 countries around the globe. \u00a0Scripps also owns 50% interest in UKTV. (17)<\/p>\n
New President<\/strong><\/p>\n
Scripps Networks Interactive’s president of it’s operating division, John Lansing, is retiring. \u00a0After nine years with the company, Lansing is finally stepping down and Burton Jablin, the president of the home category division, will be stepping up and taking his place. \u00a0Alongside him will be Kathleen Finch, senior vice president and general manager of HGTV and DIY Network. \u00a0Finch and Jablin will be splitting Lansing’s original role in the company. (18)<\/p>\n
Post-Thanksgiving Live!<\/strong><\/p>\n
With Thanksgiving around the corner, all of the Scripps networks are doing holiday specials. \u00a0Food Network in particular is taking part in holiday fun. \u00a0Food Network is conducting a Google+ Hangout on Saturday, November 23rd at 2pm. \u00a0It will be an interactive, Thanksgiving themed “hangout” with chefs such as Bobby Flay, Giada De Laurentiis, Alton Brown, and Ina Garten and they will discuss post-Thanksgiving leftovers and food advice. \u00a0It can be viewed at FoodNetwork.com\/ThanksgivingHangout. (19)<\/a><\/p>\n
Sources<\/strong><\/p>\n
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  1. WKRB13<\/a><\/li>\n
  2. Scripps Networks Interactive Company<\/a><\/li>\n
  3. Scripps Networks Interactive Leaders<\/a><\/li>\n
  4. Scripps Networks Interactive History<\/a><\/li>\n
  5. Financials<\/a><\/li>\n
  6. Scripps Networks Interactive Our Brands<\/a><\/li>\n
  7. HGTV<\/a><\/li>\n
  8. Food Network<\/a><\/li>\n
  9. DIY Network<\/a><\/li>\n
  10. Great American Country<\/a><\/li>\n
  11. Travel Channel<\/a><\/li>\n
  12. James, S. B. (n.d.). Scripps CEO: Like sports, lifestyle programming best watched live.<\/li>\n
  13. Cabanilla, I. R. (n.d.). Scripps Networks unveils online video site. SNL Kagan<\/i>.Ulive<\/li>\n
  14. Ulive<\/a><\/li>\n
  15. James, S. B. (n.d.). Scripps CFO: We would not pay what Chellomedia was asking.\u00a0SNL Kagan<\/i>.<\/li>\n
  16. Cabanilla, I. R. (n.d.). Scripps launches Food Network, Travel Channel in Croatia.\u00a0SNL Kagan<\/i>.<\/li>\n
  17. http:\/\/scfp.mobmedia.com\/category2.aspx?code=04<\/a><\/li>\n
  18. Ilas, M. (n.d.). Scripps Networks television unit loses president, names replacement.\u00a0SNL Kagan<\/i>.<\/li>\n
  19. Food Network Thanksgiving Live<\/a>\u00a0<\/span><\/li>\n
  20. Scripps Networks Interactive<\/a><\/li>\n<\/ol>\n
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    By Alexa Sternschein Scripps Network Interactive is a cable network that specializes in life-style oriented content.\u00a0 They\u2019re main brands include HGTV, DIY Network, Food Network, Cooking Channel, Travel Channel, and Great American Country.\u00a0 They\u2019re company is based on delivering content … Continue reading →<\/span><\/a><\/p>\n","protected":false},"author":300,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[25,1479],"tags":[1804,1802,1799,1795,1803,1805,82,1807,1806,1800,1272,1801,1810,78,1792,79,1797,1798,1790,1793,1794,1791,1812,1789,1796,4583,1808,1811,80],"_links":{"self":[{"href":"https:\/\/bejone03.expressions.syr.edu\/trf235\/wp-json\/wp\/v2\/posts\/13388"}],"collection":[{"href":"https:\/\/bejone03.expressions.syr.edu\/trf235\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bejone03.expressions.syr.edu\/trf235\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bejone03.expressions.syr.edu\/trf235\/wp-json\/wp\/v2\/users\/300"}],"replies":[{"embeddable":true,"href":"https:\/\/bejone03.expressions.syr.edu\/trf235\/wp-json\/wp\/v2\/comments?post=13388"}],"version-history":[{"count":28,"href":"https:\/\/bejone03.expressions.syr.edu\/trf235\/wp-json\/wp\/v2\/posts\/13388\/revisions"}],"predecessor-version":[{"id":17079,"href":"https:\/\/bejone03.expressions.syr.edu\/trf235\/wp-json\/wp\/v2\/posts\/13388\/revisions\/17079"}],"wp:attachment":[{"href":"https:\/\/bejone03.expressions.syr.edu\/trf235\/wp-json\/wp\/v2\/media?parent=13388"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bejone03.expressions.syr.edu\/trf235\/wp-json\/wp\/v2\/categories?post=13388"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bejone03.expressions.syr.edu\/trf235\/wp-json\/wp\/v2\/tags?post=13388"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}