E. W. Scripps Company

The E. W. Scripps Company is an American media conglomerate founded by Edward Willis Scripps in 1922.[1] The company is headquartered inside the Scripps Center in Cincinnati, Ohio.[2] Its corporate motto is "Give light and the people will find their own way."[3] On October 16, 2007, the company announced that it would separate into two publicly traded companies: The E. W. Scripps Company (newspapers, TV stations, licensing/syndication) and Scripps Networks Interactive (NYSE: SNI), (HGTV, Food Network, DIY Network, Cooking Channel [formerly known as Fine Living, Travel Channel and Great American Country). The transaction was completed on July 1, 2008. On October 3, 2011 The E.W. Scripps Company announced it was purchasing the television arm of McGraw-Hill for $212 million.[4] This purchase nearly doubles the number of Scripps stations to 19 with a combined reach of 13% of U.S. households.