Michael R. Costa Elected to Scripps Networks Interactive Board of Directors
CINCINNATI, Feb. 23 /PRNewswire-FirstCall/ -- Michael R. Costa, an
investment banker with expertise in the media and telecom industries, has been
elected as a member of the Board of Directors for Scripps Networks Interactive
Inc. Costa, 50, is a former managing director of Merrill Lynch & Company.
"Scripps Networks Interactive is very fortunate to bring aboard someone of
Michael Costa's caliber with his knowledge and invaluable experience in media
as we continue to expand our footprint in lifestyle and interactive media,"
said Kenneth W. Lowe, chairman, president and CEO of Scripps Networks
Interactive.
At Merrill Lynch, Costa focused on mergers, acquisitions and corporate
restructurings in the media and telecom industries. In his most recent
position, he was Managing Director, Global Markets and Investment
Banking/Mergers and Acquisitions.
Before joining Merrill Lynch in 1989, Costa was a mergers and acquisitions
attorney 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's
degree from Colgate University.
About Scripps Networks Interactive
Scripps Networks Interactive Inc. is the leading developer of
lifestyle-oriented content for television and the Internet, where on-air
programming is complemented with online video, social media areas and
e-commerce components on companion Web sites and broadband vertical channels.
The company's media portfolio includes: Lifestyle Media, with popular
lifestyle television and Internet brands HGTV, Food Network, DIY Network, Fine
Living Network and country music network Great American Country (GAC); and
Interactive Services, with leading online search and comparison shopping
services, Shopzilla and uSwitch.
SOURCE Scripps Networks Interactive Inc.
CONTACT: Mark Kroeger, Scripps Networks Interactive Inc.,
+1-513-824-3227, mark.kroeger@scrippsnetworks.com
