Knoxville-based Scripps, which is the HGTV and Food Network operations site for Cincy-based Scripps Networks Interactive, announced today its parent is selling its uSwitch comparison-shopping unit, the UK-based it paid $366MM for, three years ago. A month ago, on the heels of a precipitous drop in revenue and profits, Scripps announced its units would be sharpening their focus on core brands and eyeing increased revenue internationally.
Showing posts with label Food Network. Show all posts
Showing posts with label Food Network. Show all posts
Wednesday, June 10, 2009
Scripps biz-brand strategy emerging
Knoxville-based Scripps, which is the HGTV and Food Network operations site for Cincy-based Scripps Networks Interactive, announced today its parent is selling its uSwitch comparison-shopping unit, the UK-based it paid $366MM for, three years ago. A month ago, on the heels of a precipitous drop in revenue and profits, Scripps announced its units would be sharpening their focus on core brands and eyeing increased revenue internationally.
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