Insider Trades for Discovery Communications, Inc. show that the latest trade was made on 14 Jun 2017 where Campbell (Bruce L), the Officer completed a transaction type "Sell" in which 9283 shares were traded at a price of $26.43.
But what it won't do is solve the main issue confronting TV companies: The internet.
As a result of "the ratings and impression softness in the US market", Scripps cut its full-year 2017 guidance for revenue growth to 4 percent from 6 percent and for segment profit to no change from 3 percent growth. Company fiscal year is ending in December and analysts' consensus recommendation is Outperform for DVAX and estimated EPS for next quarter is $ -0.41.
U.S. television networks and cable providers are under pressure as more viewers watch their favourite shows and movies on phones and tablets.
Firms such as Amazon and Netflix are increasing competition in the sector. Online ads are still worth a fraction of TV ads but the audiences for the networks shows - and the ways in which they can package their content - has also grown enormously.
The combined entity will control nearly 20 percent of the ad-supported pay-TV viewership in the United States.
"The transaction supports and accelerates Discovery's pivot from a linear TV-only company to a leading content provider across all screens and services around the world", David Zaslav, Discovery's chief executive, told investors.
The pair highlighted their strength among female viewers in the United States market, claiming a more than 20pc share of women watching prime-time pay-TV. The total price of the deal, including debt, is $14.6 billion.
Discovery and Scripps will have almost a 20% share of ad-supported pay-TV audiences in the USA, the companies said.
Scripps has been considered a takeover target since the Scripps family trust, which controlled the company, was dissolved five years ago. At that time, Lowe will join Discovery's board of directors.
The deal requires regulatory and shareholder approvals.
The transaction, expected to close in early 2018, will see Discovery pay Scripps shareholders approximately $90 a share, representing a 34% premium to the company's most recent closing price. Gabelli reaffirmed a "buy" rating on shares of Scripps Networks Interactive in a research note on Thursday, July 27th. Discovery outbid Viacom Inc for Scripps, Reuters reported first last week. Guggenheim Securities and Goldman Sachs served as financial advisers to Discovery. Allen & Co and JPMorgan served as financial advisers to Scripps.
US officials say they've successfully conducted a missile defense test using a medium-range ballistic missile. South Korea had earlier deployed two such units but the rest were delayed due to environmental concerns.
Several administration positions that were usually managed by the chief of staff now reported directly to Mr Trump. Elaine Duke, deputy secretary of Homeland Security, will be acting chief of the department.
Spaniard Carlos Sainz was seventh for Toro Rosso with Mexican Sergio Perez eighth and Force India team mate Esteban Ocon ninth. Raikkonen, who led Ferrari's last qualifying one-two at May's Monaco Grand Prix, was 0.168 seconds slower.
Parmar told reporters he was "fed up with factionalism" in the Congress which had prevented the growth of the party in Gujarat . A section of the Congress' legislators claimed that seven MLAs decided against going with them to Bengaluru.
The venue is close to where MS-13 has committed a string of gruesome murders, including April's massacre of four young men. President Donald Trump will address gang violence in a speech on Friday afternoon, the White House announced.
Of all the stories she told me, the one I remember most was a particularly pointed one from her childhood. In her early career, the aging worldwide lions of directing lined up at her door and Moreau answered.
Gohil further said that they have also managed to establish contact with seven Congress MLAs, who were reportedly inaccessible. Shivakumar on Saturday said the BJP "government in Gujarat is harassing them and forcing them to cross over".
The good news is users with billing addresses in other countries will be able to continue to access VPN software from App Store . Apple's push for compliance come as it faces headwinds in the Chinese smartphone market.
Starbucks acquired the US mall-based chain in 2012, with then-CEO Howard Schultz citing the huge potential for the tea market. While DavidsTea does have mall-based locations, the company doesn't restrict itself like Teavana does.
Some critics argued that this wasn't the correct time to do so and that the economy couldn't support such monetary policy. While businesses probably continued to carefully manage their inventories, they appeared to spend more in some places.
Knife-wielding man goes on deadly rampage in Germany
The incident occurred in a supermarket in the German city, according to reports . "It was definitely a lone attacker". Writing on Twitter , Hamburg police said: 'We have no clear information as to the motive or the number of wounded'.