Scripps Networks To Buy Controlling Stake in TVN

Scripps Networks is set to acquire a 52.7 percent interest in Poland’s TVN for about $617 million, the acquirer said in a news release Monday. The U.S. programmer will also assume about $887 million in debt in the deal, which is subject to regulatory approvals under Polish law, it said. TVN had a 22 percent share of Polish viewing in 2014, Scripps Networks said.