Scripps board OKs company split
Associated Press
Originally published 11:06 a.m., May 9, 2008
Updated 11:06 a.m., May 9, 2008
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CINCINNATI — E.W. Scripps Co. board has approved management’s plan to separate the media company into two public companies, effective July 1.
The board authorized management in October to pursue the separation. The company said today that completion of the transaction still needs government regulatory approval.
One company, Scripps Networks Interactive, will include the cable networks and online comparison shopping sites Shopzilla and uSwitch. The other, E.W. Scripps, will have 10 broadcast television stations and newspapers in 15 U.S. markets.
E.W. Scripps is the parent company of the Rocky Mountain News.
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