Kenneth W. Lowe wanted to create a 24-hour TV cable network about rooms in the home for the E.W. Scripps Co. and wanted to do it while Scripps's was losing nearly $1 million a month in a brutal newspaper war in Denver. A reluctant board agreed - and then began losing $1 million a month on the network. Payback for the gamble? Within a decade of the launch of HGTV and Scripps Networks: $2 billion in revenues, $700 million in profit
All you really need to know about Scripps Networks in one graph
The story of Knoxville's Scripps Networks (SNI) in one paragraph from the Pot of Gold blog.