"Right now, we're pretty happy where we are," says Scripps' COO Burton Jablin.
Despite the floodgates opening for over-the-top TV channels, Scripps Networks Interactive will continue to stand on the sidelines, with no plans as yet to go direct to consumer to tap surging subscription online video revenue.
Instead, the lifestyle channels operator will remain tied to cable and satellite providers to reach consumers with its core HGTV, Food Network and Travel Channel brands. "Given what's going on with essentially an explosion in over-the-top [services] coming online, it will come online and we'd like to see that play itself out," Scripps Networks Interactive COO Burton Jablin told investors Thursday.
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