March 16, 2015 KNOXVILLE, Tenn. – Scripps Networks Interactive, Inc. (NYSE: SNI), the world’s leading developer of lifestyle content for television, Internet and mobile platforms, has entered into an agreement to acquire a 52.7 percent interest in Poland’s premier multi-platform media company, TVN.

The company has agreed to acquire the stake from ITI and Canal+ Group for an all-cash consideration of €584 million. Scripps Networks Interactive will also assume €840 million of debt. The agreement is subject to regulatory approvals. Following completion, Scripps Networks Interactive will launch a mandatory public tender offer to further increase its ownership interest in TVN, as required under Polish law.

TVN is one of the leading media companies in Poland, with a portfolio of free-to-air and pay TV lifestyle and entertainment channels, including TVN, TVN 7, TVN Style, TTV, TVN Turbo as well as Poland’s leading 24 hour news channel, TVN24, and business news channel TVN24 Biznes i Swiat. The channels enabled TVN to secure a market-leading 22 percent share of Polish viewing in 2014. TVN Media is Poland’s leading advertising sales house, last year securing a 33 percent share of the market in advertising revenue for TVN’s own portfolio of channels, as well as selling advertising for a number of other commercial broadcasters in Poland.

“This transaction is an important milestone in the ongoing strategic development of our international business, and provides us with substantial further scale in Europe,” said Kenneth W. Lowe, chairman, president and chief executive officer of Scripps Networks Interactive.

“Poland is a vibrant media market with significant growth potential. TVN has an incredible portfolio of channels and services, and has delivered consistently strong creative and financial performance under the leadership of Markus Tellenbach,” said Lowe. “The business will be a strong addition to Scripps Networks Interactive, and we’re looking forward to working with the whole TVN team to achieve our significant ambitions in the region together.”

“This is a credit to the hard work and commitment of every single employee of TVN in building one of the most successful media companies in Poland,” said Markus Tellenbach, TVN S.A. president and chief executive officer. “Ken Lowe and the team at Scripps Networks Interactive understand the importance of the Polish market, and the value of developing compelling content that connects with consumers. We are delighted to be joining the Scripps Networks Interactive family, and we’re excited about developing and strengthening our business for many years to come.”

The acquisition is the latest move in Scripps Networks Interactive’s expansion into Europe. In 2011, the company completed a joint-venture partnership with BBC Worldwide in the United Kingdom for the UKTV portfolio of 10 entertainment and lifestyle channels. Scripps Networks International distributes seven lifestyle brands including HGTV, Food Network, Travel Channel, DIY Network, Cooking Channel, Fine Living and Asian Food Channel, reaching more than 220 million cumulative subscribers in nearly 180 countries and territories across Europe, Middle East, Africa, Asia Pacific, Latin America and the Caribbean.

Scripps Networks Interactive’s financial advisors for the transaction were Barclays and Blackstone Advisory Partners L.P., while legal advice was provided by Latham & Watkins LLP and Domański Zakrzewski Palinka sp.k.
Conference call
The senior management team of Scripps Networks Interactive will discuss the proposed TVN transaction during a telephone conference call today, Monday March 16, at 10 a.m. ET. Scripps Networks Interactive will offer a live webcast of the conference call. To access the webcast, visit www.scrippsnetworksinteractive.com and follow the Investor Relations link at the top of the page. The webcast link can be found next to the microphone icon.

To access the conference call by telephone, dial 800-230-1092 (U.S.) or 612-332-0107 (international) approximately ten minutes before the start of the call. Callers will need the name of the call, “Scripps Networks Interactive,” to be granted access. Callers also will be asked to provide their name and company affiliation. The media and general public are granted access to the conference call on a listen-only basis.

A replay line will be open from Noon ET March 16 until 11:59 p.m. ET March 30. The domestic number to access the replay is 800-475-6701 and the international number is 320-365-3844. The access code for both numbers is 355665. A replay of the conference call will also be available online. To access the audio replay, visit http://www.scrippsnetworksinteractive.com approximately four hours after the call, choose Investor Relations, then follow the Audio Archives link on the left side of the page.

Forward-looking statements

This press release contains certain forward-looking statements related to the company’s businesses that are based on management’s current expectations. Forward-looking statements are subject to certain risks, trends and uncertainties, including changes in advertising demand and other economic conditions that could cause actual results to differ materially from the expectations expressed in forward-looking statements. All forward-looking statements should be evaluated with the understanding of their inherent uncertainty. The company’s written policy on forward-looking statements can be found on page F-4 of its 2014 Form 10-K filed with the Securities and Exchange Commission. The company undertakes no obligation to publicly update any forward-looking statements to reflect events or circumstances after the date the statement is made.

About Scripps Networks Interactive

Scripps Networks Interactive is one of the leading developers of engaging lifestyle content in the home, food and travel categories for television, the Internet and emerging platforms. The company’s lifestyle media portfolio comprises popular television and Internet brands HGTV, DIY Network, Food Network, Cooking Channel, Travel Channel and Great American Country, which collectively reach more than 190 million consumers each month. Companion websites complement on-air programming with video and social media that inform and inspire. The company’s global networks reach millions of consumers across North and South America, Asia, Europe, the Middle East and Africa. Scripps Networks Interactive is headquartered in Knoxville, Tenn. For more information, please visit http://www.scrippsnetworksinteractive.com.
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March 14, 2015 – By introducing a new compression technology to its network, Direct To Home (DTH) operator Tata Sky will soon be adding 20 new channels to its platform including an unspecified number of HD channels.

At present, Tata Sky offers 300 channels. The upgrade work meanwhile has hurt close to 17,000 subscribers who received disrupted services during the last few days. The DTH operator has a subscription base of 10 million active subscribers…

Read more at Indian Television

AMSTERDAM – 12 March 2015 – Irdeto today announced that Doug Lowther will be assuming the role of Chief Executive Officer following Graham Kill’s resignation in September 2014 to pursue new opportunities based out of his native UK. Mr. Lowther joins Irdeto from International Datacasting Corporation (IDC), where he currently serves as CEO. Prior to IDC, Mr. Lowther was EVP of Irdeto’s Digital TV business and had been with the company for over nine years.

With extensive experience in digital television, IP-based services and security products, Mr. Lowther will strengthen Irdeto’s position in providing solutions for pay TV operators, over-the-top service providers, and content owners. He joins the company during a period of tremendous opportunity, evidenced by the success of its new offerings in attracting new tier-1 customers such as Liberty Global, Premier League and Charter Communications. Mr. Lowther will play a crucial leadership role in advancing this progress and further enhancing Irdeto’s portfolio.

“It is an honor for me to return to Irdeto at a time when the company holds a strong market position and is exploring many exciting areas of expansion,” said Doug Lowther. “Irdeto has been a highly innovative company for many years, and it has been inspiring to see that tradition continued with new offerings such as Keys and Credentials. I thank Graham for his leadership and mentorship over the years. I look forward to continuing Irdeto’s proud tradition of enabling operators and content owners to grow revenues through innovative solutions that deliver the world’s best content to any screen.”

“Doug Lowther is an accomplished and respected executive in the Digital TV industry, and one that Irdeto’s employees, customers and partners know well and trust,” said Graham Kill. “With security at its core, Irdeto’s long-lasting and trusted relationships with customers and partners will further develop leveraging Doug’s previous experience. I am confident that under his leadership, Irdeto will continue its strong growth trajectory. Irdeto has been an exciting personal and shared journey. Together with the wonderful people on the team, we increased revenue ten-fold through product and international expansion through all the economic cycles during that time. I am pleased Naspers chose Doug to take Irdeto to new heights.”

At IDC, Mr. Lowther led the restructuring of the business and renewed the company’s business strategy, product portfolio and leadership team. During his previous service with Irdeto, Mr. Lowther drove the creation of a product portfolio that achieved substantial revenue growth and subsequently led Irdeto’s Digital TV business as well as its global Sales, Marketing, and Corporate Development teams. Prior to joining Irdeto, Mr. Lowther held several executive roles with Nortel Networks, where he was Vice President and General Manager of Wireless Applications and the Vice President of Strategic Marketing. He has a global perspective, having lived and worked in Canada, France, Singapore, Switzerland, the Netherlands, and China. Mr. Lowther will be based in the Irdeto Hoofddorp office in his role as CEO.
Additionally, Irdeto recently appointed Andrew Bunten as Chief Financial Officer effective February 1, 2015. Prior to joining Irdeto, Andy was the CFO for Hewlett-Packard’s cloud business, shepherding the company’s strategic investment from the start-up phase to early maturity. Andy’s experiences are particularly relevant for Irdeto as it continues its expansion of various managed services embracing cloud infrastructures.

About Irdeto
Irdeto is a world leader in Multiscreen, Revenue Assurance and Media Protection solutions for pay TV operators, OTT service providers and content owners. Irdeto enables pay media companies to provide a personal media experience for their consumers, uncover new revenue opportunities and offer new forms of entertainment on broadcast, broadband and mobile networks. The company offers an advanced portfolio of rights management, multi-screen, home networking, piracy control, media protection and business intelligence services. Irdeto’s success in the market is evidenced by its broadcast software security solutions being the most widely deployed in the world for pay TV on satellite, cable, terrestrial and IP networks and by helping customers preserve business value and generate new revenue with its Multiscreen services. Irdeto is a subsidiary of multinational media group Naspers (JSE: NPN). Please visit Irdeto at www.irdeto.com

For further information about Irdeto please contact:
Katie Walsh
Director, Public Relations, Irdeto
Mobile: +1-603-738-9599
Email: katherine.walsh@irdeto.com

March 13, 2015 – Warner TV is refreshing its branding in Asia on 15 March as it brings a slate of new content to the region, some shows airing just 12 hours after they premier in the US…

Read more at Rapid TV News

March 12, 2015 – ITV plc is set to acquire John de Mol’s Talpa Media for an initial cash consideration of approximately £355 million ($528.4 million)…

Read more at World Screen

March 12, 2015 – Discovery Networks Asia-Pacific’s two flagship channels, Discovery Channel and TLC, have been ranked as the most trusted brands in the factual entertainment and lifestyle categories by The Brand Trust Report 2015 for the fourth consecutive year in India.

Read more at Television Post

March 13, 2015 – Several customers of direct-to-home (DTH) operator Tata Sky were in for a surprise as their television screens went blank due to signal outage. The mishap happened due to a change in parameters on the satellite.

Read more at Television Post

Time Warner Cable, the country’s second-largest cable-TV operator, has begun talking with other pay-TV distributors in Los Angeles about ending an impasse to carry the Dodgers’ SportsNet LA, which has been unavailable to most of the nation’s second-largest market for more than a year…

Read more at The Trentonian

March 11, 2015 – Ooyala, a Telstra subsidiary and specialist in video publishing, analytics and monetisation, has issued its Q4 2014 Global Video Index Report, revealing mobile and tablets now represent more than one third of all online viewing, and providing the first analysis of advertising data from Ooyala’s recently acquired video ad-tech company, Videoplaza…

Read more at Advanced Television

MUMBAI (March 12, 2015) – Turner International India has today announced the appointment of Rohit Bhandari as Senior Director and Network Head for its English entertainment portfolio that includes leading channels HBO and WB in South Asia.

Bhandari will report into Siddharth Jain, Turner’s Senior Vice President and Managing Director for South Asia. Commenting on the appointment Jain said, “We’re really pleased to have Rohit on board in this key position as we continue to grow our leadership in the English entertainment genre. With his well-established expertise and industry experience, I am confident he will help us build upon our success in the India and South Asia region.”
In this role, Bhandari is responsible for the growth strategy, planning and execution of all network functions including content acquisition, communications, marketing and brand building.

Bhandari’s appointment is effective immediately and he will be based at Turner’s office in Mumbai. He has over two decades of experience in television and advertising including overseeing business operations for AXN and Animax in India, as well as advertising sales in both India and Singapore. He previously led the media and entertainment vertical at Sahara India Capsac Limited.
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About Turner International India
Turner International India Pvt. Ltd. is the arm of Turner Broadcasting System, Inc. (a division of Time Warner) that creates and manages the sales, distribution, marketing of Turner’s news and entertainment brands in India and the South Asia region including CNN International, Cartoon Network, POGO, Toonami, HBO and WB. The company also manages distribution for HBO Defined and HBO Hits in India.

About Turner Broadcasting System Asia Pacific
Turner Broadcasting System Asia Pacific, Inc. creates and distributes award-winning brands throughout Asia Pacific. In the region, Turner runs 46 channels in 13 languages in 38 countries, including CNN International, CNNj, CNN, HLN, Cartoon Network, Adult Swim, Boomerang, POGO, Toonami, Warner TV, Oh!K, Turner Classic Movies, truTV, WB, MondoTV, TABI Channel and HBO in South Asia. Turner also manages distribution for HBO Defined and HBO Hits in India. Turner is a Time Warner company.

Media enquiries:
James Moore, Director of Communications,
Turner International Asia Pacific Limited
James.Moore@turner.com / +852 3128-3720