The Securities and Exchange Commission approved the necessary paperwork for Scripps Networks Interactive Inc. to separate from The E.W. Scripps Co., TVNewsday reports. The two companies’ stocks will begin trading on the New York Stock Exchange on July 1, the Web site says. Scripps Networks Interactive will focus on lifestyle media and interactive services, while the E.W. Scripps Co. will focus on its television stations and newspapers, the Web site notes.
—Vlada Gelman