The Travel Channel was launched on February 1, 1987. It was founded by TWA Marketing Services, a subsidiary of Trans World Airlines. The channel's name was derived from the travel-related filler programming that aired between programs on the Home Theater Network. Discovery Communications acquired a 70% ownership stake in the channel in 1997. In May 2007, Discovery Communications sold Travel Channel to Cox Enterprises subsidiary Cox Communications. In November 2009, Scripps Networks Interactive acquired a 65% ownership interest in the network for $1.1 billion. On February 25, 2016, SNI acquired the remaining 35% stake in Travel Channel from Cox Communications, giving it full control over the network.
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