As media and entertainment moves to a direct-to-consumer focus, US-based Discovery Communications has acquired Scripps Networks Interactive in a cash-and-stock transaction worth US$14.6bn. The combined company will produce 8,000 hours of original programming annually… As media and entertainment moves to a direct-to-consumer focus, US-based Discovery Communications (NASDAQ:DISCA) has acquired Scripps Networks Interactive (NASDAQ:SNI) in a cash-and-stock transaction worth US$14.6bn. Messages left […]