DISH Reports Renewed Deal with Scripps Networks Interactive, Adds to OTT Portfolio


27% profit every 20 days?

This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.


A multi-year contract renewal between DISH Network (NASDAQ: DISH) and ScrippsNetworks Interactive^® (NYSE: SNI) improves DISH customers' access to ScrippsNetworks' entire content portfolio, including new and expanded digital rights.The agreement includes over-the-top (OTT) multi-stream rights for live andVideo-on-Demand content. The agreement also expands DISH's distribution ofauthenticated live and Video-on-Demand Scripps Networks programming onInternet-connected devices.Moreover, the agreement widens exposure of Scripps Networks programming to alarger swath of DISH's traditional viewer base by opening DIY Network andCooking Channel to the popular “America's Top 200” programming package.The renewal agreement applies to the entire suite of Scripps Networkschannels, including: HGTV, DIY Network, Food Network, Cooking Channel, TravelChannel and Great American Country.“DISH is delighted to add Scripps Networks' award-winning lifestyle content toour growing library of sports, family, educational and entertainment optionsthat will create a redefined video experience for a new type of consumer,”said Joseph P. Clayton, DISH president and CEO. “This wide-ranging agreementgives DISH customers dynamic access to Scripps Networks programming today andtomorrow.”The OTT rights allow access to Scripps Networks content through a futuremulti-stream subscription service of linear and Video-on-Demand content. Withthis capability, the content will be available to an untapped segment ofcustomers that is seeking a flexible, content-driven, Internet-accessibleservice.“This agreement demonstrates the consistent strength and popularity of ourportfolio of brands, and enables even more people to enjoy DIY Network andCooking Channel in addition to our existing offering on DISH,” said Kenneth W.Lowe, Scripps Networks Interactive's chairman, president and CEO. “We arecommitted to making our lifestyle content available to consumers wherever andwhenever they want it. This first-of-its-kind OTT deal for Scripps NetworksInteractive enables us to reach even more people through DISH's innovativeservices.”The renewal also expands the authenticated Scripps Networks programmingavailable to DISH customers at home or on-the-go via Internet-connecteddevices – televisions, computers, smartphones, tablets, gaming consoles andother devices. DISH customers will be able to use the DISH Anywhere™ app,dishanywhere.com and Scripps Networks' web properties and apps to view live,Video-on-Demand and full-season content.The updated agreement follows news of DISH's groundbreaking agreements withThe Walt Disney Company, announced in March, and with A+E Networks, announcedin August.

27% profit every 20 days?

This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.


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