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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; kenan.machado@dowjones.com

Stock News for Scripps Networks Int (SNI)
DateTimeHeadline
05/02/201308:00:33Scripps Networks 1st-Quarter Net Fell 6.2% as Costs Offset Revenue...
11/01/201208:21:55Scripps Networks 3rd-Quarter Profit Up 20% on Advertising, Fees
09/27/201212:43:46Dish Network in Talks With Viacom, Scripps, Univision for Online...
08/01/201209:36:08US HOT STOCK FUTURES: HOT STOCKS TO WATCH
08/01/201206:58:34U.S. HOT STOCK FUTURES: HOT STOCKS TO WATCH
02/09/201208:50:07US STOCK FUTURES: HOT STOCKS TO WATCH
11/28/201120:21:10US Credit Markets Absorbed $3.33 Billion Of New Issuance Monday
08/09/201108:54:19Scripps Networks 2Q Net Drops 27% On Shopzilla Divestiture
05/19/201117:21:34Safeway, Scripps Networks Increase Dividend Payouts
05/05/201108:31:19Scripps Networks 1Q Net Up 39% As Ad Revenue Leads Top Line Higher
04/07/201109:48:22Hearst, HGTV To Launch Magazine Based On Scripps-Owned Network
03/31/201113:19:33Cablevision iPad App Delayed Amid Content Rights Dispute
03/16/201118:35:32Some Programmers Oppose Time Warner Cable's Live TV iPad App
02/10/201109:19:24CORRECT: Scripps Networks 4Q Net Up 38% As Revenue Climbs
02/10/201108:38:00Scripps Networks 4Q Net Up 38% As Revenue Climbs
11/08/201000:26:12AT&T, Scripps Networks Reach Deal For HGTV, Food Network
11/04/201008:33:24Scripps Networks 3Q Net Up 56% As Rising Revenue Beats Views
08/09/201009:01:51Scripps Networks 2Q Profit Up 34% Amid Travel Channel Impact
06/22/201017:36:13Disney, Dish Network Battle Over Fees For High-Def Channels
05/26/201014:34:35DirecTV CEO: Programming Costs Will Continue To Be A Challenge

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