Discovery to Buy Scripps Networks in Bid For Content Clout

Posted Monday, July 31, 2017 12:36 pm

Jessica Toonkel | Reuters

Discovery Communications Inc is acquiring Scripps Networks Interactive Inc for $11.9 billion in a deal expected to boost the company's negotiating leverage as pay TV operators lose subscribers and it seeks new audiences.

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Discovery to Buy Scripps Networks in Bid For Content Clout

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