Importantly, the struggling online shopping business sites of the company also generated year-over-year growth. According to our view, both advertising revenue and affiliate fee revenue will remain healthy in the near-future due to an improving U.S. economy. Scripps Networks has successfully hiked fees it charges cable operators.
Acquisition of a majority stake in the Travel Channel and re-branding of FLN channel as Cooking Channel will help the company to maintain its future growth. Moreover, Scripps Networks is gradually diversifying in the emerging Asian markets.
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