Scripps Networks picks up 69%, to launch more channels. US-based media company Scripps Networks Interactive has acquired a 69 per cent stake in NDTV Group’s programming subsidiary, NDTV Lifestyle. The latter operates NDTV Good Times, a lifestyle channel. The deal is for $55 million (around Rs 260 crore) and is expected to be completed by the end of the first quarter of 2010. NDTV Group would retain a 31 per cent stake in the joint venture, a company statement said. This comes within a fortnight of Scripps Network picking up a majority stake in Travel Channel, the leading international lifestyle television property, for over $1 billion. […]