NEW YORK: Discovery Communications Inc considered buying Scripps Networks Interactive Inc in 2014, but the deal fell apart because the Scripps family wasn’t ready to sell.
Now, one of the last family media empires has changed its mind. The Scripps clan, whose legacy stretches from the Peanuts comic strip to the National Spelling Bee, has agreed to sell HGTV and its other cable channels to Discovery for US$11.9bil.
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