Discovery+ Is First Roku Premium Sub with Ad-Supported Tier

Discovery+ has become the first ad-supported plan among Roku Channel premium subscription offerings. Announcing the deal, Roku and Warner Bros. Discovery said Discovery+ brings 70,000 episodes of network shows and more than 200 originals to become the largest vertical library on The Roku Channel. Discovery+ on Roku TV will cost $7 per month for the ad-free version and $5 per month with ads. Both options are available now, with a 7-day free trial. The deal marks Roku’s first premium subscription for a video-on-demand tier supported by ads. Continue reading Discovery+ Is First Roku Premium Sub with Ad-Supported Tier

Discovery Touts Global Growth, Hires Consultant Kevin Mayer

Broadcasting the 2020 Summer Olympics and expenses related to its new direct-to-consumer businesses affected Discovery’s third quarter profits, despite adding three million streaming subscribers and overall increases in traditional revenues. The owner of the Discovery Channel, Food Network, TLC and Discovery+ said that while Q3 revenue rose 23 percent to $3.15 billion, net income fell 48 percent to $156 million. International was the big growth area, with foreign revenue surging 44 percent. Meanwhile, Discovery has hired Kevin Mayer as a consultant to help with its streaming strategy as the company preps for its merger with WarnerMedia.  Continue reading Discovery Touts Global Growth, Hires Consultant Kevin Mayer

AT&T Creates Media Giant: Merges WarnerMedia, Discovery

AT&T announced today that it plans to combine WarnerMedia with Discovery. The deal, expected to to take effect in mid-2022 subject to regulatory approval, is a significant move for one of Hollywood’s largest studios to compete with top streaming players such as Netflix and Disney since it would combine the HBO Max and discovery+ streaming services. Under the agreement, WarnerMedia will be spun off and merged with Discovery as a new media company separate from AT&T, which could be valued as high as $150 billion. Discovery chief exec David Zaslav will run the combined business, which will be named shortly. Continue reading AT&T Creates Media Giant: Merges WarnerMedia, Discovery

Discovery to Introduce Its New Streaming Service in January

Discovery plans to debut a streaming service, discovery+ that will include shows from its major networks TLC, Food Network, Discovery Channel and Animal Planet. It will also license library programming from the BBC, A&E Networks and Group Nine Media. The new service will launch in the United States on January 4 and cost $4.99 per month with ads and $6.99 without. Discovery and Verizon Communications inked a deal to provide the service free to the telecom’s U.S. customers for a year, with the two companies sharing the cost. Continue reading Discovery to Introduce Its New Streaming Service in January

Streaming Service fuboTV Adds More Non-Sports Content

Live sports streamer fuboTV has signed a multi-year deal to bring Discovery networks to its service as part of the $54.99 per month base package. In coming weeks, fuboTV will add networks including Animal Planet, Discovery Channel, Investigation Discovery, MotorTrend, OWN (Oprah Winfrey Network) and TLC. Food Network, HGTV and Travel Channel are already live on fuboTV through a deal with Discovery-owned Scripps Networks Interactive. The deal also includes additions to the fubo Latino Spanish-language package as well as on-demand content from Discovery. Continue reading Streaming Service fuboTV Adds More Non-Sports Content

Discovery to Purchase Scripps Networks in $14.6 Billion Deal

Discovery Communications announced it is acquiring Scripps Networks Interactive in a cash-and-stock deal valued at $14.6 billion — or $90 a share (the final deal is expected to be valued around $11.9 billion when including the assumption of $2.7 billion of Scripps’ net debt). The combined company, which will bring together cable properties representing nearly 20 percent of ad-supported pay-TV audiences in the United States, plans to produce 8,000 hours of original programming per year and 7 billion short-form video streams monthly. Continue reading Discovery to Purchase Scripps Networks in $14.6 Billion Deal

Snap Inc. Preps for Public Offering, Embarks on Investors Tour

Snap Inc. revealed that it expects to be valued at as much as $22.2 billion in its upcoming public offering. Share prices are expected to land between $14 and $16, the midpoint of which would value the company at $20.9 billion. All of these figures are significantly higher than the $16.5 billion Snap valued itself at in late 2016, and the final pricing of the new shares, and the company’s overall valuation, could still change. First Snap executives will launch a two-week tour of investors across the country. Continue reading Snap Inc. Preps for Public Offering, Embarks on Investors Tour

Discovery Releases Mobile App for VR Videos of Popular Shows

The Discovery Channel has released a mobile app that features virtual reality videos from some of the channel’s most popular shows, including “Mythbusters,” “Gold Rush” and “Survivorman.” The videos can be viewed as 360-degree experiences (via moving the phone), or as VR experiences with Google Cardboard. The videos, which were made by Los Angeles VR network startup Littlstar, are also available on YouTube, Discovery’s VR website, and a dedicated channel on Samsung Gear’s virtual reality video app Milk VR. Continue reading Discovery Releases Mobile App for VR Videos of Popular Shows

Discovery Channel Founder to Launch Subscription VOD Service

Following his success at Discovery Channel, founder John Hendricks is ready to move forward with another media venture, only this time one built for online streaming rather than pay TV. Hendricks is scheduled to launch CuriosityStream in March, a nonfiction subscription service that offers nature, history, science and technology content on demand. As with most subscription services, CuriosityStream hopes to tap into the non pay TV market first before pushing to add from pay TV households. Continue reading Discovery Channel Founder to Launch Subscription VOD Service

Skimo App Allows Users to Quickly Catch Up on TV Episodes

A new app called Skimo, short for “skim the video,” allows users to skim a 20-minute video in about two minutes, straight from their smartphone or tablet. The Skimo video summarization engine uses an algorithm that analyzes the scenes, shots and frames of videos and summarizes them, letting users catch up on television series in a fraction of the time. The service focuses on the formula that writers and filmmakers use to create a captivating show, focusing on the six crucial scenes from each episode.

Continue reading Skimo App Allows Users to Quickly Catch Up on TV Episodes

Discovery Programming to be Available via Online Streaming

Time Warner Cable and Discovery Communications have reached an agreement that will allow the cable company’s subscribers to watch shows from the Discovery Channel and Animal Planet online. Discovery had previously been holding out on letting its shows be streamed because it wanted better ratings measurement for viewers on mobile devices. Now that Nielsen will soon make that data available, Discovery says it is on board. Continue reading Discovery Programming to be Available via Online Streaming

Discovery Launches Online Science and Adventure Network

Discovery is launching its first online video network today in an attempt to attract largely young, male viewers who are becoming more challenging to reach through traditional TV. Called TestTube, the new online network will initially offer 15 original short-form shows that focus on science and adventure, available for free via YouTube, Xbox and TestTube’s website. The network was developed with online video producer Revision3, which Discovery acquired last year. Continue reading Discovery Launches Online Science and Adventure Network