As a media and entertainment industry expert with extensive experience in network ownership and media management, I have a deep understanding of the dynamics within the broadcasting landscape. The Cooking Channel, which is a popular platform for culinary enthusiasts, has undergone several ownership changes over the years. However, as of my last update, the channel was owned by Discovery, Inc., a global leader in real-life entertainment.

Discovery, Inc., which is headquartered in Silver Spring, Maryland, is known for its diverse portfolio of television networks that cater to a wide range of interests. The company's acquisition of Scripps Networks Interactive, which included the Cooking Channel, was a strategic move to expand its reach and diversify its content offerings. This acquisition took place in March 2018 and significantly bolstered Discovery's presence in the lifestyle and culinary programming space.

The Cooking Channel has been successful in carving out a niche for itself in the competitive world of food-related media. It offers a variety of programming that includes instructional cooking shows, competition series, and travelogues that explore food culture around the world. The channel's appeal lies in its ability to cater to both amateur and professional chefs, as well as food lovers who enjoy learning about different cuisines and cooking techniques.

The original statement you provided, mentioning Steve Ridge and the media strategy group for Frank N. Magid Associates, highlights the importance of identifying and exploiting niche markets. Scripps Networks Interactive, prior to its acquisition by Discovery, indeed had a knack for pinpointing these niches and creating channels that resonated with specific audiences. This strategy was instrumental in the growth and success of not only the Cooking Channel but also other popular networks under the Scripps umbrella, such as the Food Network, DIY Network, and HGTV.

The acquisition by Discovery has allowed the Cooking Channel to benefit from the resources and expertise of a larger media conglomerate, which in turn has helped to further refine and expand its programming. The channel continues to evolve, adapting to the changing preferences of viewers and leveraging the power of digital platforms to engage with its audience beyond traditional television broadcasts.

In conclusion, the Cooking Channel is a valuable asset within Discovery, Inc.'s extensive network portfolio. Its focus on culinary content has resonated with viewers, and under Discovery's stewardship, it continues to thrive and grow, offering a rich variety of programming that satisfies the appetites of food enthusiasts everywhere.

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Steve Ridge, the president of the media strategy group for the consulting firm Frank N. Magid Associates in Marion, Iowa, said that Scripps Networks Interactive, which owns the new channel along with the Food Network, DIY Network, HGTV and other channels, has excelled at identifying niches of interest and exploiting ...Apr 20, 2010read more >>