Discovery Communications Inc. is in talks to combine with Scripps Networks Interactive Inc., people familiar with the situation said, a deal that would unite two media companies trying to chart a course in a cable TV industry being upended by digital consumption. Terms of the deal talks couldn’t be learned. Discovery Communications is worth about $15 billion, including its preferred stocks, according to S&P Global Market...
Source: Wall Street Journal July 18, 2017 22:18 UTC