Discovery Communications announced it is acquiring Scripps Networks Interactive in a cash-and-stock deal valued at $14.6 billion — or $90 a share (the final deal is expected to be valued around $11.9 billion when including the assumption of $2.7 billion of Scripps’ net debt). The combined company, which will bring together cable properties representing nearly 20 percent of ad-supported pay-TV audiences in the United States, plans to produce 8,000 hours of original programming per year and 7 billion short-form video streams monthly. Continue reading Discovery to Purchase Scripps Networks in $14.6 Billion Deal

Scripps Networks Interactive has partnered with TV Everywhere platform provider Anvato to offer viewers new live streams of the Cooking Channel, DIY Network, Food Network, HGTV and Travel Channel online and via mobile devices. In addition to streaming Scripps programming, Anvato is powering dynamic ad insertion (DAI) on network websites and the Android and iOS apps for Food Network, HGTV and Travel Channel. According to Matt Smith, chief evangelist at Anvato, DAI is becoming more popular as producers look to monetize their digital services. Continue reading TV Everywhere: Scripps Offers Live Streams of Cable Channels

Comcast added 18 popular TV networks yesterday to its roster of live streaming options via Xfinity TV Go. The app now offers more than 50 live channels and 25,000 on demand choices. The new additions include A&E, Bravo, Cooking Channel, DIY Network, E!, Food Network, HGTV, HISTORY, mun2, Oxygen, Sprout, STARZ, Syfy, TBS, TNT, Travel Channel, truTV and USA Network. Comcast’s Xfinity TV Go app began offering live streaming television for the first time last November. Continue reading Comcast Adds 18 Popular Networks to Live Streaming Roster