In the midst of all the negative publicity that Cincinnati gets from time to time (i.e. Riots of 2001, the resulting boycott and Samuel Clemens mentioning that everything happens 25 years later here in the Queen city)
Though I live downtown, I seldom remember the fact that there are several things that make this city great. One being the amount of Fortune 500 companies that call Greater Cincinnati home. Among the members of this elite list is 5/3 Bancorps, Macy's Inc, Kroger and P & G.
The reason why I bring this up is that one of those companies on the 500 list and calls this city home, the Scripps Network/Papers, which today announced that they are splitting its company into to separate entities. E.W. Scripps will be their business handling its multiple holdings of newspapers across the company and its new company, Scripps International, will run its lifestyle development programs. Currently they own HGTV, DIY, The Food Network and several other networks and Internet intellectual properties.
You can read more about the split here.
Sometimes, I have to let the geeky economist in me get out and run around abit...
Tuesday, October 16, 2007
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