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NDTV Terminates Strategic Alliance Pact With Scripps Networks

MUMBAI -(Dow Jones)- Indian broadcaster New Delhi Television Ltd. (532529.BY) said Tuesday it has called off a deal with Scripps Networks Interactive Inc. Cia. (SNI) which would have seen the U.S. publisher pick up a majority stake in NDTV's lifestyle programming arm. No reason was given for the termination of the deal. In November, Scripps had agreed to pay $55 million for a 69% stake in NDTV Lifestyle, the operator of the channel NDTV Good Times. The deal was expected to be closed by the first quarter of 2010. -By Kenan Machado, Dow Jones Newswires; +91 22 6145 6107;

Stock News for Scripps Networks Int (SNI)
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08/24/201510:55:31Statement of Changes in Beneficial Ownership (4)
08/24/201510:54:38Statement of Changes in Beneficial Ownership (4)
08/24/201510:52:54Statement of Changes in Beneficial Ownership (4)
08/24/201510:17:28Initial Statement of Beneficial Ownership (3)
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08/20/201510:35:00Scripps Networks Interactive Promotes Two Senior Management Executives
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08/13/201515:28:41Amended Statement of Changes in Beneficial Ownership (4/a)
08/13/201515:20:09Statement of Changes in Beneficial Ownership (4)
08/11/201511:16:48Statement of Changes in Beneficial Ownership (4)

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