Stratrix
On the Record · Scripps Networks Interactive

Scripps Networks Interactive acquisitions, on the record

The businesses Scripps Networks Interactive bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.

Deals its annual reports describe

BusinessDealWhenValue
N-Vision B.V. (majority owner of TVN)
Word for word“On July 1, 2015 (the “Acquisition Date”), we acquired, through a wholly-owned subsidiary, 100.0 percent of the outstanding shares of N-Vision B.V., a Dutch limited liability company (“N-Vision”) that held a majority interest in TVN, for approximately €1,440.0 million, or $1,608.6 million, comprised of cash consideration of €584.0 million, or $652.4 million, and principal amounts of debt assumed of €856.0 million, or $956.2 million, including €556.0 million, or $621.1 million, of debt directly attributed to TVN (the “Acquisition”).” 10-K for 2015
acquisitionOn July 1, 2015approximately €1,440.0 million, or $1,608.6 million
Remaining outstanding shares of TVN (Tender Offer and Squeeze-out)
Word for word“The majority of the remaining debt proceeds were used to purchase the remaining outstanding shares of TVN through a tender offer for approximately $831.5 million (the “Tender Offer”) and a subsequent squeeze-out for approximately $22.4 million (the “Squeeze-out), which were both completed during the third quarter of 2015.” 10-K for 2015
acquisition——
TVN S.A. (Transactions, total)
Word for word“Total consideration for the Transactions was approximately $2,462.5 million.” 10-K for 2015
acquisition—approximately $2,462.5 million
Travel Channel non-controlling interest (35.0 percent)
Word for word“Subsequent to year end we agreed to pay the non-controlling interest owner $99.0 million to acquire the 35.0 percent outstanding share of our redeemable non-controlling interest in Travel Channel (see Note 24 – Subsequent Events ).” 10-K for 2015
agreed acquisitionSubsequent to year end$99.0 million
AFC
Word for word“In April 2013, we acquired AFC for net consideration of $64.4 million.” 10-K for 2015
acquisitionIn April 2013$64.4 million
Travel Channel International Ltd. ("TCI")
Word for word“In 2012, Travel Channel International Ltd. (“TCI”) was acquired, along with its base of operations in London.” 10-K for 2016
acquisition2012—
TVN, a Polish media company
Word for word“During 2015, we acquired TVN, a Polish media company, which operates a portfolio of 13 free-to-air and pay-TV lifestyle and entertainment networks, including TVN, TVN24, TVN Style, TTV, TVN Turbo, TVN24 Biznes i Świat.” 10-K for 2016
acquisitionDuring 2015—
N-Vision B.V. (N-Vision), which held a majority interest in TVN
Word for word“On July 1, 2015 (the “Acquisition Date”), we acquired, through a wholly-owned subsidiary, 100.0 percent of the outstanding shares of N-Vision, which held a majority interest in TVN, for approximately €1,440.0 million, or 61 $1,608.6 million, comprised of €584 .0 million, or $652.4 million cash, and €856.0 million, or $956.2 million debt, including €556.0 million, or $621.1 million, of debt directly attributed to TVN (the Acquisition).” 10-K for 2016
acquisitionJuly 1, 2015—
Network distribution right in Italy
Word for word“On June 16, 2016, we acquired a new network distribution right in Italy for €10.4 million, or approximately $11.6 million.” 10-K for 2016
acquisitionJune 16, 2016€10.4 million, or approximately $11.6 million
Remaining 30.0 percent non-controlling interest in FNLA
Word for word“On December 31, 2016, we completed the purchase of the remaining 30.0 percent non-controlling interest in FNLA for $4.5 million and now own 100.0 percent of FNLA.” 10-K for 2016
acquisitionDecember 31, 2016$4.5 million
35.0 percent residual interest in Travel Channel
Word for word“On February 25, 2016, we agreed to pay the non-controlling interest owner $99.0 million to acquire the 35.0 percent interest in Travel Channel, resulting in our 100.0 percent ownership (see Note 17 – Redeemable Non-controlling Interest and Non-controlling Interest).” 10-K for 2016
agreed acquisitionFebruary 25, 2016$99.0 million
7.3 percent equity interest in Fox BRV Southern Sports Holdings ("Fox Sports South")
Word for word“primarily driven by the sale of our 7.3 percent equity interest in Fox BRV Southern Sports Holdings (“Fox Sports South”) in the first quarter of 2016.” 10-K for 2016
divestitureFirst quarter of 2016—
Cost method investment
Word for word“Additionally, in the second quarter of 2016, we sold a cost method investment for $1.5 million.” 10-K for 2016
divestitureSecond quarter of 2016$1.5 million
Fox-BRV Southern Sports Holdings (Fox Sports South)
Word for word“(Loss) gain on sale of investments decreased $192.9 million for the year ended December 31, 2017 compared with the same period in 2016 , primarily due to the $208.2 million gain realized on the sale of our 7.3 percent equity interest in Fox Sports South in the first quarter of 2016 , partially offset by a $16.4 million loss incurred on the sale of a cost method investment in the second quarter of 2016.” 10-K for 2017
divestiturethe first quarter of 2016—
As filedReported in the company's financial data (XBRL), each linked to its filing
Fiscal year endedGoodwill from acquisitions
2016-12-31$450,000
2017-12-31$10.3 million

Deal filings since 2016

Read from Scripps Networks Interactive’s annual reports (10-K for 2017, 10-K for 2016, 10-K for 2015) and the financial data it files with the SEC, as of 2018-02-27. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.