FishbowlDC TVNewser TVSpy LostRemote AgencySpy PRNewser GalleyCat SocialTimes

Food Network Owners Post Flat Third Quarter Revenue

scripps10.29.08.jpgScripps Networks Interactive, announced that its third-quarter earnings were in line with those from last year, good news for the media company.

Overall, net income fell just $0.6 million from $57.9 million to $57.3 million. The Lifestyle Media group — which includes the Food Network, HGTV and DIY Network among others — saw revenue increase 7.8 percent year-over-year and profit grow 5.1 percent.

In July, E.W. Scripps spun-off Scripps Networks Interactive into a separate entity. The new company, which has seen its stock price take a huge hit in the past month, was trading about even today.

Mediabistro Course

Middle Grade Novel Writing

Middle Grade Novel WritingStarting January 15, work with a literary agent to write your middle-grade novel! In this course, you'll learn how to develop strong characters, write compelling dialogue, master the art of revision, and market your work to publishing houses and agents. Register now!