Goldberg Represents Scripps Networks Interactive Inc. in Canadian Joint Venture
New York partner Steven H. Goldberg, Co-Chairman of the firm's Transactions Practice Team, represented Scripps Networks Interactive Inc. in connection with the formation of a joint venture with Canwest Global Communications, Inc. and the launch of DIY Network in Canada.
Established by U.S.-based Scripps Networks in 1999, DIY Network is one of the fastest growing digital networks in the United States with substantial gains of 25 percent in the key demographic target in 2009 vs. 2008. DIY Network Canada will join the family of popular Canwest lifestyle specialty channels that also includes other Scripps' channels Food Network Canada and HGTV Canada. It will launch in more than two million Canadian homes. "We're delighted to bring DIY Network's unique brand and programming to Canadian viewers, who will be empowered to take control of their home renovation projects," says Kristen Jordan, SVP of Scripps Networks International.
Mr. Goldberg led a team consisting of Eric Geppert, Janis Penman, Paul Schmidt and Henry Bodenheimer.