Speculation about the future of Scripps Networks Interactive is heating up. Bloomberg has a
lengthy story today about the likelihood that the Knoxville-based lifestyle media company will be snatched up by a larger media operation.
Walt Disney Co. and Time Warner Inc. are listed as possible suitors.
“Walt Disney Co. (DIS), owner of sports network ESPN, should be drawn to Scripps Networks as a way to add more female-friendly content, said Citigroup Inc. and Macquarie Group Ltd., which also sees Time Warner (TWX) Inc. as a potential acquirer,” Bloomberg reports.