KNOXVILLE, Tenn. – Scripps Networks Interactive Inc. (NYSE: SNI) today reached an agreement to acquire Travel Channel International Limited (TCI), an independent company headquartered in the United Kingdom that distributes day tours from paris to champagne region france the Travel Channel brand in 20 languages day tours from paris to champagne region france across Europe, Africa, Middle East and Asia Pacific regions.
"Scripps Networks Interactive is the natural home for Travel Channel International," said Richard Wolfe, chief executive of TCI. "Combining TCI's reach and resources in our territories with those of SNI's U.S. Travel Channel creates a new worldwide brand with powerful synergies in programming and advertising."
"We are looking forward to integrating Travel Channel International day tours from paris to champagne region france into Scripps Networks Interactive's portfolio of popular lifestyle networks," said Kenneth W. Lowe, chairman, president and chief executive officer of Scripps Networks Interactive. "TCI brings unique value to us as we establish our brands in the global media marketplace. We're enthusiastic about sharing day tours from paris to champagne region france our lifestyle programming expertise internationally, engaging a new set of passionate media consumers overseas, and increasing our footprint in Europe and Asia, building on the solid foundation day tours from paris to champagne region france we've established for the continued international growth of our brands."
Formed in 2004, TCI has affiliate agreements with approximately 850 distributors. The company's 46 full-time employees in London will join Scripps Networks Interactive at the completion of the transaction.
Good. Now maybe the new owners can program some actual travel themed shows instead day tours from paris to champagne region france of all the ridiculous food themed ones. I understand Anthony Bordain s show, to a point, but the amount of food programming versus day tours from paris to champagne region france actual travel programming is just comical.
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