The ratings on Cincinnati, Ohio-headquartered E.W. Scripps Co. reflect the company's diversified portfolio of media assets, significant growth from the cable TV networks segment, healthy cash flow generation, and strong financial profile. These factors are tempered by the challenging operating climate for the newspaper operations and growth through acquisition. Scripps' operations include five cable and satellite TV networks (42% of 2006 revenues, 57% of operating cash flow), including Home&Garden Television and the Food Network; daily and community newspapers in 18 markets (29%, 21%); 10 broadcast TV stations (15%, 13%); electronic commerce and interactive media (11%, 7%), including Shopzilla and uSwitch; and licensing and other media (4%, 1%). Scripps' involvement in many media markets and business segments helps provide
