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thewrap.com - 23 days ago
News Corp. May Drop Travel Channel Bid
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By Reuters News Corp. may drop its bid for the Travel Channel because parent company Cox Enterprises wants $1.1 billion for the cable channel, a price the media conglomerate thinks is too expensive, a source with knowledge of the bids said on Monday. News Corp. and Scripps Networks Interactive as of last week were considered to be the lead bidders for the Travel Channel. Read more at Reuters.
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Travel Channel Could Command $1 Billion in Sale — The Wrap RSS
By The New York Times Cox Communications is expected to command close to a billion dollars for the Travel Channel, The New York Times reported Friday. The company is entertaining bids from a number of media companies, including the News ...