It sounds like someone spiked the bottled water at the Merrill Lynch Media & Entertainment conference in Marina del Rey on Tuesday because the executives were punning right and left.

Fox Interactive Media President Peter Levinsohn got a quick one in on his presentation on the MySpace social network:

MySpaceTV, which we launched in June, was met with an enormous reception. A lot of open arms from both our users and our media partners.

That one wins cute points, but Levinsohn couldn’t keep up with the wordplay machine that is EW Scripps Co Chief Operating Officer Rich Boehne. Check out this beauty on Scripps’s Home & Garden Television:

Leading the charge always is HGTV, our first cable television network which we launched and built from scratch nearly 13 years ago.

And these ones here on the Food Network:

To give you a little bit of perspective there if you’ve watched, starting about three years ago we infused our daytime schedules with strong In the Kitchen talent..

And our winner for best (worst) pun of the day:

It’s important to note we have no indication that the overall appetite for food programming is waning. We expect weekday and weekend ratings to improve parallel with our investment in programming.

Financial conferences boring? You don’t know the drill.