Latest in Ken Lowe

Ken Lowe, former CEO of Scripps Networks Interactive, is joining the Warner Bros Discovery board of directors. The exec, who will replace departing board member Robert R. Bennett on April 2 pending a shareholder vote, is a familiar figure to the management team at WBD. Discovery, prior to its merger…

Scripps Networks CEO Ken Lowe could enjoy a $91.6 million golden parachute from his company’s agreement to sell to Discovery Communications, according to an SEC filing today. His package would consist of $20.0 million in cash severence, $37.4 million in equity, $9.1 million from pension enhancements, $174,605 in…

The cable programming business is playing a game of musical chairs where the tune is about to stop. And Discovery Communications CEO David Zaslav is betting that his $14.6 billion agreement to buy Scripps Networks Interactive will ensure that he won’t be one of the players caught without a seat. Discovery’s largest…

Add Scripps Networks CEO Ken Lowe to the parade of programming execs who are telling investors that the pay TV bundle will stay intact, no matter what consumers want. “We are not going to go to an a la carte business,” he said this morning at the Goldman Sachs Communacopia Conference. Bundled channels offer “a great…

The company CEO, chairman and president benefited from new contract terms including special retention stock grants recognizing “the critical nature of [his] talent” in a year when Scripps Networks shares appreciated 33.5%. Ken Lowe‘s package included $1.3M salary, $7.4M in stock awards, $1.4M in option awards, $1.7M…

Scripps Networks stayed on course in 2Q, which is a contrast to other cable channel owners that ended the period with mixed messages. The company generated $77.4M in net income, a drop of 27% from the period last year, which was muddied by changes related to Scripps’ acquisition of the Travel Channel and recent sale…

The message for the television industry at this year’s National Cable Show was clear: It’s all about broadband now. Programmers agreed that they have to focus on consumers who want to watch video on their smartphones and tablet computers. Meanwhile, cable operators know that they can make a lot of cash by enticing new…