Discovery is prepared to “take one step back and two forward” as it pivots towards a streaming future internationally, according to CEO David Zaslav. Speaking on Discovery’s latest quarterly earnings call, Zaslav hinted that Discovery was prepared to go further in sacrificing near-term licensing revenue to aggregate its content into a compelling direct-to-consumer play. Asked […]
Discovery is close to unveiling details of plans for a US streaming service that CEO David Zaslav likened to “a new SUV” that would set out on the road built by Netflix and Amazon but currently primarily used by those companies’ “great sports cars”. Speaking to analysts after Discovery posted its latest quarterly numbers, Zaslav […]
Discovery CEO David Zaslav has said his company is looking seriously at the possibility of aggregating its content assets into a single OTT streaming service, as Discovery increased its revenue and profits in the fourth quarter despite a decline in its subscriber numbers. The company increased its advertising revenues in the US despite market challenges […]
Discovery is “assertively leaning in” to build new direct-to-consumer businesses with a “specialty stores” strategy that differentiates it from larger global competitors in the space, according to the company’s senior managers. Speaking on Discovery’s latest quarterly earnings call, CEO David Zaslav said that the company had made “a differentiated bet” based on ownership of intellectual […]
Discovery’s content deal with the BBC has set the stage for the factual giant to create “the definitive natural history and factual streaming platform in the world”, according to president and CEO David Zaslav. Speaking on the company’s Q1 earnings call, Zaslav said that now was “the perfect moment to create this type of service, […]
Discovery boss David Zaslav has likened the business’s whopping nine-figure deal for BBC content to an attempt to build a “Marvel library” for factual content. “Not only do we have the entire library, but now we have spin-offs and new series coming out of those brands that will be able to delight audiences all over […]
The BBC and Discovery have confirmed plans for a break-up of UKTV channels, and unveiled what BBC director general Tony Hall has described as the corporation’s “largest ever content sales deal” as part of a new SVOD offering. Discovery is to take full control of lifestyle channels including Good Food, Home and Really, while BBC […]
Skinny bundles and direct-to-home distribution will fuel Discovery’s growth as traditional big pay TV bundles continue to decline in attractiveness, according to president and CEO David Zaslav. Speaking on an analyst call as Discovery posted its third quarter numbers, Zaslav said that international subscriptions to its content were growing by 2% to 3%, compared with […]
The CEOs of John Malone’s companies will have the first right to acquire his controlling stock after he dies, the US cable magnate has told the Irish Times. Malone, speaking during Liberty Global’s annual overseas board meeting in Dublin, confirmed to the paper that “most of [his] long-time CEOs…have the first right” to acquire stock […]
Discovery has extended president and CEO David Zaslav’s employment contract through to the end of 2023. Zaslav’s contract was previously set to expire in 2020. The factual channel giant said that Zaslav’s contract extension would provide ongoing management continuity and stability and ensures Zaslav’s continued leadership for the next five and a half years. Zaslav’s […]
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