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TheStreet Open House

Scripps Networks Interactive's CEO Discusses Q4 2011 Results - Earnings Call Transcript

Stocks in this article: SNI

Let me remind you, if you prefer to listen in via the Internet, go to our website, click on Investor Relations and find the microphone icon on the landing page. Additionally on the page, under the microphone icon, you'll find our fourth quarter earnings presentation materials that we'll be referring to during the prepared remarks portion of our call. An audio archive will be available on the site later today and we'll leave it there for 2 weeks so you can access it at your convenience.

Our discussion this morning will contain certain forward-looking statements. Actual results may differ from those predicted, and some of the factors that may cause results to differ are set forth in our publicly filed documents, including our Form 10-K. With that, I'll turn it over to Ken.

Kenneth W. Lowe

All right, Mark, thank you, and good morning, everyone. As always, we appreciate your interest in Scripps Networks Interactive. You know, 2011 was a truly outstanding year for the company and we ended up with very strong fourth quarter results due to double-digit increases in revenues, segment profit and earnings growth, which you're going to hear more about on the call a little later. I have to say I was extremely proud of our business leaders across all our brands and various businesses. Our focus on building world-class brands in the categories of home, food and travel is just one reason for Scripps Networks Interactive's solid performance in 2011. Our strong growth is also a direct result of our expertise in engaging audiences, particularly upscale female viewers that our advertisers value. Fans incorporate our brands into their everyday lives. We influence the foods they eat, the homes they live in and the places they want to travel. Now, this level of engagement is rare for television networks and advertisers know it. That's why our networks are must buys for advertisers and also must carry's with our distributors. There's no doubt that Scripps Networks Interactive is a rapidly growing, multi-platform media company and we're doing all we can to perpetuate and sustain the company's success in 2012 and for years to come.

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