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Subsequent Events
12 Months Ended
Dec. 31, 2015
Subsequent Events [Abstract]  
Subsequent Events

24. SUBSEQUENT EVENTS

 

On January 6, 2016, the Company notified the owner of Travel Channel’s non-controlling interest of its intention to exercise its call option, resulting in 100.0 percent ownership of Travel Channel. On February 25, 2016, the companies agreed on a purchase price in the amount of $99.0 million.

 

On February 24, 2016, the Company and the controlling interest owner of Fox Sports agreed to a purchase price of $225.0 million for which the Company exercised its put right to require the controlling interest owner to acquire SNI’s interest in this investment.