23 February 2009

CINCINNATI, Feb. 23 /PRNewswire-FirstCall/ -- Michael R. Costa, aninvestment banker with expertise in the media and telecom industries, has beenelected as a member of the Board of Directors for Scripps Networks InteractiveInc. Costa, 50, is a former managing director of Merrill Lynch & Company.

"Scripps Networks Interactive is very fortunate to bring aboard someone ofMichael Costa's caliber with his knowledge and invaluable experience in mediaas we continue to expand our footprint in lifestyle and interactive media,"said Kenneth W. Lowe, chairman, president and CEO of Scripps NetworksInteractive.

At Merrill Lynch, Costa focused on mergers, acquisitions and corporaterestructurings in the media and telecom industries. In his most recentposition, he was Managing Director, Global Markets and InvestmentBanking/Mergers and Acquisitions.

Before joining Merrill Lynch in 1989, Costa was a mergers and acquisitionsattorney at the law firm of Skadden, Arps, Slate, Meagher & Flom in New York.

Costa earned a Juris Doctor degree at Harvard Law School and a bachelor'sdegree from Colgate University.

About Scripps Networks Interactive

Scripps Networks Interactive Inc. is the leading developer oflifestyle-oriented content for television and the Internet, where on-airprogramming is complemented with online video, social media areas ande-commerce components on companion Web sites and broadband vertical channels.The company's media portfolio includes: Lifestyle Media, with popularlifestyle television and Internet brands HGTV, Food Network, DIY Network, FineLiving Network and country music network Great American Country (GAC); andInteractive Services, with leading online search and comparison shoppingservices, Shopzilla and uSwitch.

SOURCE Scripps Networks Interactive Inc.

CONTACT: Mark Kroeger, Scripps Networks Interactive Inc.,+1-513-824-3227, mark.kroeger@scrippsnetworks.com

<< Back