Food Network Owners Post Flat Third Quarter Revenue
Scripps Networks Interactive, announced that its third-quarter earnings were in line with those from last year, good news for the media company.
Overall, net income fell just $0.6 million from $57.9 million to $57.3 million. The Lifestyle Media group — which includes the Food Network, HGTV and DIY Network among others — saw revenue increase 7.8 percent year-over-year and profit grow 5.1 percent.
In July, E.W. Scripps spun-off Scripps Networks Interactive into a separate entity. The new company, which has
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