2 2 LINKEDINCOMMENTMORE

A report published in entertainment trade magazine "Variety" says Discovery Communications is considering buying the Knoxville-based company Scripps Networks Interactive.

According to the Variety report, a source said board members discussed a bid at a board meeting Tuesday morning. Variety says representatives with Discovery and Scripps declined to comment on the matter.

Scripps is considered a valuable company to buy because of its success with HGTV, Travel Channel, and Food Network.

Other companies have also pursued Scripps including NBC Universal, Fox, and Disney.

Read or Share this story: http://on.wbir.com/1docd6E