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SCRIPPS NETWORKS ENTER U.K. IN $556-MILLION DEAL

August 15, 2011 by · Leave a Comment 

Scripps Networks in the U.S. has agreed to buy a 50-percent stake in the British pay-TV operator UKTV from Virgin Media in a deal worth $556 million. Scripps, the owner of The Cooking Channel and The DIY Network in the U.S. will wind up as an equal partner of BBC Worldwide, the commercial arm of […]