Scripps Pulls the Plug on Food NetworkFOR IMMEDIATE RELEASE
POPULAR FOOD NETWORK TO BE CANCELED AT MONTH’S END
New York City – The E.W. Scripps Company announced today that after 17 years in production their popular Food Network will cease programming at the end of this month. The move took many in assembly by surprise. The press conference was held at Chelsea Market on 75 9th Avenue, home of the Food Network Studios.
Milton Funderburk, Acting Assistant Vice-Chairman of Cable Programming for Scripps was asked why the media conglomerate was closing the doors on its most popular cable franchise, “The time is right. After all when we purchased TFN back in ‘97 we thought it would fail miserably. That was the plan.
“We acquired the Network as a tax right off. We never dreamed anyone would actually watch it. Our thought was why would anyone want to watch someone else cooking on TV? I mean if they wanted to see someone cook, they could just go cook something. Apparently we under estimated the American public’s desire to live vicariously.”