Kenneth W. Lowe wanted to create his 24-hour network on the home for the E.W. Scripps Co. and wanted to do it while Scripps’s bosses were losing nearly $1 million a month in a brutal newspaper war in Denver. A reluctant board agreed. Payback for this network gamble? Within a decade of the launch of HGTV and Scripps Networks: $2 billion in revenues, $700 million in profit
More Management Wisdom
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