Monday, February 3, 2014

The Discovery-Scripps Deal Is Off, Now What?

When Variety reported that media giant Discovery Communications (DISCA) was interested in acquiring smaller rival Scripps Networks Interactive (SNI), the news quickly made headlines. The resulting company would have been a content-creation powerhouse with very little competition.

However, the deal fell through as Discovery reportedly ended all discussions in January regarding a buyout of Scripps. So, now what? Well, investors should still consider both companies for long-term growth considering they remain great ways to capitalize on the rapidly increasing demand for unique and popular content.

Click here to read more! Enjoy!

Phil

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