Shopzilla to be spun off by Scripps

Scripps is divorcing its "old media" properties from the new and rolling up all the interactive units into Scripps Networks Interactive, a company which will be headed by current EW Scripps CEO Kenneth Lowe.

Scripps Interactive Networks, the new entity, will be publicly traded and

will include HGTV, Food Network, DIY Network, the Fine Living Television Network, Great American Country, and their online businesses as well as shopping search engine Shopzilla and uSwitch...

And to make things even more interesting, Lowe continued to remain uncertain about Shopzilla's future, joking that the CSE should appear on the DIY channel.

Haha...

 

[Via Red Herring]

Written by Scott Hurff