This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

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

Stocks in this article: SNI

At the Food Network, we're building on the excellent momentum generated in the fourth quarter, which was its highest-rated quarter ever, solidifying its status as a Top 10 network. The success of programs like Next Iron Chef America, Restaurant: Impossible and Rachel versus Guy contributed to the network's outstanding results. Rachel versus Guy debuted as the number one show on the 9:00 p.m. time slot and number two on cable for the night overall. In fact, Food Network was the highest-rated, most-watched cable network that evening. With results like these, it's no surprise that the Daily Meal, which is a popular website about all things food, recently named Brooke Johnson, President of the Food Network, as the most powerful personality in all of food. So congratulations to Brooke and the talented team at Food Network for this recognition and for their many achievements this past year. They have truly defined the food genre for television and they're on their way to claiming a unique competitive advantage in publishing and digital worlds as well.

Food Network Magazine maintained its rank as the number one culinary magazine on newsstands. It's also the sixth-ranked magazine overall based on newsstand sales. Online, foodnetwork.com generated more than 120 million page views during Thanksgiving week alone. And on Facebook, Food Network can claim more than 2.3 million friends, more than double that at the end of 2010. We're also seeing consumer engagement in the mobile app space. To date, we have more than 450,000 paid downloads of Food Network's In The Kitchen app, making it the number one paid culinary app in the iTunes Store. The terrific brand equity extends to our branded products as well. We now have more than 1,000 Food Network licensed products at Kohl's Department Stores. And our branded wine collection, called Entwine, by the way, continued to exceed all expectations, ranking 34th in the premium wine category, out of almost 400 labels.

3 of 4

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!

Markets

DOW 17,959.44 +154.64 0.87%
S&P 500 2,078.54 +7.89 0.38%
NASDAQ 4,781.4240 +16.0440 0.34%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs