June 7, 2005 |
Media company E.W. Scripps Co. on Monday said that it was spending $525 million in cash to acquire Los Angeles-based Shopzilla.com, the latest deal on Wall Street to capitalize on the growing specialized Internet search business. The deal calls for shareholders of closely held Shopzilla to get the amount of its net working capital at the time of the closing -- estimated at $35 million.
June 18, 2001 |
A decline in advertising revenue and an uncertain economy are not deterring E.W. Scripps Co. from pushing ahead with its launch of Fine Living, its fourth cable channel and the first to be based in Los Angeles. At an investor conference in New York today, Kenneth W.
April 12, 2001 |
E.W. Scripps Co., the newspaper publisher and owner of Home and Garden TV cable network, said first-quarter profit fell 22% on lower advertising sales and higher newsprint costs. Profit from operations fell to $27.9 million, or 35 cents a share, from $35.7 million, or 45 cents, a year earlier, Scripps said in a statement. Revenue fell 11% to $367.4 million. The Cincinnati-based publisher of the Rocky Mountain News in Denver joins rival media companies Knight Ridder Inc., New York Times Co.
May 20, 1997 |
E.W. Scripps Co. has agreed to pay up to $775 million for the newspapers and broadcast stations of Harte-Hanks Communications Inc. The acquisition would include Harte-Hanks' six daily newspapers, 25 non-daily publications and KENS-TV and the radio station KENS-AM, both in San Antonio. E.W. Scripps operates TV stations and newspapers in 16 markets and syndicates the Scripps-Howard news service.
October 30, 1995 |
Comcast Corp. said Sunday that it has agreed to buy E.W. Scripps Co.'s cable television operations for about $1.6 billion in stock. With the acquisition, Comcast said, it would serve more than 4.3 million cable subscribers, making it the third-largest cable operator in the United States. Philadelphia-based Comcast also said its board has authorized a buyback of $500 million worth of its common stock. The E.W.