{"id":8344,"date":"2016-02-26T11:12:40","date_gmt":"2016-02-26T16:12:40","guid":{"rendered":"http:\/\/worldscreen.com\/tvreal\/scripps-officially-takes-full-ownership-of-travel-channel\/"},"modified":"2016-02-26T14:47:43","modified_gmt":"2016-02-26T19:47:43","slug":"scripps-officially-takes-full-ownership-of-travel-channel","status":"publish","type":"post","link":"https:\/\/worldscreen.com\/tvreal\/scripps-officially-takes-full-ownership-of-travel-channel\/","title":{"rendered":"Scripps Officially Takes Full Ownership of Travel Channel"},"content":{"rendered":"<p>KNOXVILLE: Scripps Networks Interactive has acquired the remaining 35 percent interest in Travel Channel Media from Cox Communications for $99 million in cash, which includes the value of certain tax benefits.<\/p>\n<p>The move gives Scripps Networks Interactive full ownership of the fully-distributed network, in which it originally acquired a controlling interest in 2009. The agreement announced today effectively values Travel Channel at $1.1 billion, including debt and tax benefits.<\/p>\n<p>Separately, Scripps Networks sold its 7.25 percent ownership interest in Fox-BRV Southern Sports Holdings, comprising the Sports South and Fox Sports Net South regional television networks, to Fox Southern Holdings for $225 million in cash.<\/p>\n<p>Kenneth W. Lowe, the president, chairman and CEO of Scripps Networks Interactive, said: \u201cTravel Channel is a key asset that presents a great growth opportunity for Scripps Networks Interactive, and one that delivers an increasingly significant contribution to our business. Full ownership of Travel Channel enables us to take maximum advantage of its continued growth as we build value for our shareholders.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>KNOXVILLE: Scripps Networks Interactive has acquired the remaining 35 percent interest in Travel Channel Media from Cox Communications for $99 million in cash, which includes the value of certain tax benefits.<\/p>\n","protected":false},"author":350,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"pmpro_default_level":0,"footnotes":""},"categories":[69],"tags":[554,214,108],"class_list":["post-8344","post","type-post","status-publish","format-standard","","category-top-stories","tag-cox-communications","tag-scripps-networks-interactive","tag-travel-channel","pmpro-has-access"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Scripps Officially Takes Full Ownership of Travel Channel - TVREAL<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/worldscreen.com\/tvreal\/scripps-officially-takes-full-ownership-of-travel-channel\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Scripps Officially Takes Full Ownership of Travel Channel - TVREAL\" \/>\n<meta property=\"og:description\" content=\"KNOXVILLE: Scripps Networks Interactive has acquired the remaining 35 percent interest in Travel Channel Media from Cox Communications for $99 million in cash, which includes the value of certain tax benefits.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/worldscreen.com\/tvreal\/scripps-officially-takes-full-ownership-of-travel-channel\/\" \/>\n<meta property=\"og:site_name\" content=\"TVREAL\" \/>\n<meta property=\"article:published_time\" content=\"2016-02-26T16:12:40+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2016-02-26T19:47:43+00:00\" \/>\n<meta property=\"og:image\" content=\"http:\/\/worldscreen.com\/wp-content\/uploads\/2016\/05\/logo.jpg\" \/>\n<meta name=\"author\" content=\"Kristin Brzoznowski\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Kristin Brzoznowski\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/worldscreen.com\/tvreal\/scripps-officially-takes-full-ownership-of-travel-channel\/\",\"url\":\"https:\/\/worldscreen.com\/tvreal\/scripps-officially-takes-full-ownership-of-travel-channel\/\",\"name\":\"Scripps Officially Takes Full Ownership of Travel Channel - TVREAL\",\"isPartOf\":{\"@id\":\"https:\/\/worldscreen.com\/tvreal\/#website\"},\"datePublished\":\"2016-02-26T16:12:40+00:00\",\"dateModified\":\"2016-02-26T19:47:43+00:00\",\"author\":{\"@id\":\"https:\/\/worldscreen.com\/tvreal\/#\/schema\/person\/0026b5a5c019f9a498d0a452e6e9d4be\"},\"breadcrumb\":{\"@id\":\"https:\/\/worldscreen.com\/tvreal\/scripps-officially-takes-full-ownership-of-travel-channel\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/worldscreen.com\/tvreal\/scripps-officially-takes-full-ownership-of-travel-channel\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/worldscreen.com\/tvreal\/scripps-officially-takes-full-ownership-of-travel-channel\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/worldscreen.com\/tvreal\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Scripps Officially Takes Full Ownership of Travel Channel\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/worldscreen.com\/tvreal\/#website\",\"url\":\"https:\/\/worldscreen.com\/tvreal\/\",\"name\":\"TVREAL\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/worldscreen.com\/tvreal\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/worldscreen.com\/tvreal\/#\/schema\/person\/0026b5a5c019f9a498d0a452e6e9d4be\",\"name\":\"Kristin Brzoznowski\",\"url\":\"https:\/\/worldscreen.com\/tvreal\/author\/kbrzoznowskiworldscreen-com\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Scripps Officially Takes Full Ownership of Travel Channel - TVREAL","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/worldscreen.com\/tvreal\/scripps-officially-takes-full-ownership-of-travel-channel\/","og_locale":"en_US","og_type":"article","og_title":"Scripps Officially Takes Full Ownership of Travel Channel - TVREAL","og_description":"KNOXVILLE: Scripps Networks Interactive has acquired the remaining 35 percent interest in Travel Channel Media from Cox Communications for $99 million in cash, which includes the value of certain tax benefits.","og_url":"https:\/\/worldscreen.com\/tvreal\/scripps-officially-takes-full-ownership-of-travel-channel\/","og_site_name":"TVREAL","article_published_time":"2016-02-26T16:12:40+00:00","article_modified_time":"2016-02-26T19:47:43+00:00","og_image":[{"url":"http:\/\/worldscreen.com\/wp-content\/uploads\/2016\/05\/logo.jpg"}],"author":"Kristin Brzoznowski","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Kristin Brzoznowski","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/worldscreen.com\/tvreal\/scripps-officially-takes-full-ownership-of-travel-channel\/","url":"https:\/\/worldscreen.com\/tvreal\/scripps-officially-takes-full-ownership-of-travel-channel\/","name":"Scripps Officially Takes Full Ownership of Travel Channel - TVREAL","isPartOf":{"@id":"https:\/\/worldscreen.com\/tvreal\/#website"},"datePublished":"2016-02-26T16:12:40+00:00","dateModified":"2016-02-26T19:47:43+00:00","author":{"@id":"https:\/\/worldscreen.com\/tvreal\/#\/schema\/person\/0026b5a5c019f9a498d0a452e6e9d4be"},"breadcrumb":{"@id":"https:\/\/worldscreen.com\/tvreal\/scripps-officially-takes-full-ownership-of-travel-channel\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/worldscreen.com\/tvreal\/scripps-officially-takes-full-ownership-of-travel-channel\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/worldscreen.com\/tvreal\/scripps-officially-takes-full-ownership-of-travel-channel\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/worldscreen.com\/tvreal\/"},{"@type":"ListItem","position":2,"name":"Scripps Officially Takes Full Ownership of Travel Channel"}]},{"@type":"WebSite","@id":"https:\/\/worldscreen.com\/tvreal\/#website","url":"https:\/\/worldscreen.com\/tvreal\/","name":"TVREAL","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/worldscreen.com\/tvreal\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/worldscreen.com\/tvreal\/#\/schema\/person\/0026b5a5c019f9a498d0a452e6e9d4be","name":"Kristin Brzoznowski","url":"https:\/\/worldscreen.com\/tvreal\/author\/kbrzoznowskiworldscreen-com\/"}]}},"_links":{"self":[{"href":"https:\/\/worldscreen.com\/tvreal\/wp-json\/wp\/v2\/posts\/8344","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/worldscreen.com\/tvreal\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/worldscreen.com\/tvreal\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/worldscreen.com\/tvreal\/wp-json\/wp\/v2\/users\/350"}],"replies":[{"embeddable":true,"href":"https:\/\/worldscreen.com\/tvreal\/wp-json\/wp\/v2\/comments?post=8344"}],"version-history":[{"count":0,"href":"https:\/\/worldscreen.com\/tvreal\/wp-json\/wp\/v2\/posts\/8344\/revisions"}],"wp:attachment":[{"href":"https:\/\/worldscreen.com\/tvreal\/wp-json\/wp\/v2\/media?parent=8344"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/worldscreen.com\/tvreal\/wp-json\/wp\/v2\/categories?post=8344"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/worldscreen.com\/tvreal\/wp-json\/wp\/v2\/tags?post=8344"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}