Tuesday, December 10, 2013

Cable Convergence Part 2

Just because this morning's blog was about consolidation on the operator side doesn't mean that programmers aren't in play too. In my last paragraph, I suggested that smaller independent should consider merging with larger programmers.  Well, Variety has just learned that Discovery Networks, home for Discovery, TLC, and Animal Planet, may be kicking the tires on Scripps Networks (SNI), parent of HGTV and Food Network.  According to the article, "Knoxville, Tenn.-based SNI has been seen as a prime acquisition target for some time."

True or not, the one thing that can be stated, cable consolidation will only continue.  "If anything, a Discovery-Scripps tie-up may just be the beginning of further dealmaking in the sector. AMC Networks, Starz, Viacom and even Discovery itself have been mentioned as possible acquisition targets."  So in the coming weeks we may see changes on both the cable operator and cable network sides of the business.  

No comments:

Post a Comment