In a First for Scripps, One of Its Cable Networks Hits $1 Billion in Ad Revenue

Feb 24, 2016  •  Post A Comment

Lifestyle media company Scripps Networks Interactive, which owns Food Network, DIY, Travel Channel and Great American Country, marked a milestone when one of its channels reached $1 billion in annual revenue. But it wasn’t any of the above networks — it was HGTV.

According to The Hollywood Reporter, HGTV topped $1 billion in revenue for 2015, becoming the first of Scripps’ channels to hit that mark. “In its fourth-quarter earnings report Tuesday, the company included a table that showed HGTV’s 2015 revenue hit $1.01 billion, up 7.4 percent from $938.5 million in 2014,” THR reports. “That compared to $879 million in 2013 and $786.3 million in 2012.”

HGTV’s programming lineup has been thriving, with a roster of how-to shows that includes “Fixer Upper,” “House Hunters,” “Property Brothers” and “Ellen’s Design Challenge.”

The company’s total revenue for 2015 hit $3 billion, a record for SNI and a 13.2% increase from 2014.

fixer upper-hgtv

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