A report in the Romanian press claims Discovery Communications’s spending spree could be set to continue with the acquisition of free-TV broadcaster Prima TV. The Romanian channel group is said to be on the block and local news site evz.ro reported that Discovery was among those interested in buying it from current parent SBS Broadcasting. […]
Discovery Communications has begun discussions with Eurosport owner TF1 about potentially taking a majority stake in the sports channel – ahead of their previously agreed timeframe of December 2014. TF1 said that it will retain its 80% interest in the Eurosport France, the domestic arm of the European sports channel, until at least December 31, […]
Discovery Communications is set to launch a high definition feed of the Discovery Channel for subscribers of the DStv pay TV platform in South Africa and sub-Saharan Africa. The channel is due to launch in the first quarter of 2014 and will be a dedicated feed for DStv – meaning it will offer advertisers more […]
Channel operator Discovery Communications has acquired Espresso Group Limited, a provider of primary school digital education content in the UK. Discovery Education, the company’s education division, will oversee the business and the deal marks Discovery’s first international education-focused acquisition. Terms of the deal were not disclosed. “For more than 10 years, Discovery Education has focused […]
OWN: The Oprah Winfrey Network is “starting to pay down the investment Discovery has made in the venture” having turned cash flow-positive, according to Discovery Communication’s CEO. Discovery has pumped in millions of dollars into the cable channel – which also runs a programming block on TLC in the UK – due to a number […]
Discovery Communications’ Asian boss Tom Keaveney is relocating to London to become president of international affiliate sales at the channel operator. Although not a direct replacement, the newly created role will cover some of the responsibilities currently held by Caleb Weinstein, who TBI understands is leaving the company. As senior VP and general manager for […]
Discovery Communications has completed its acquisition of SBS Nordic from ProSiebenSat.1 Group and announced the management team of its newly combined Nordic business. The US$1.7 billion (€1.3 billion) acquisition, first announced in December, adds 12 TV networks and a number of radio stations and digital brands to Discovery’s existing portfolio of eight brands in Norway, […]
Discovery Communications will become a broader based media company, moving beyond the factual content on which the business was built, according to its international boss Mark Hollinger. “We have made the decision that we can be more than a factual pay TV business,” Hollinger said. “You can see the company transforming itself into a bigger, […]
US 3D network 3net has unveiled a new slate of ultra HD programming, as the debate over the future of 3D programming intensifies. 3net’s move comes just a week after HBO’s technology chief Bob Zitter claimed 3D glasses in the home was “dead” and had been rejected by consumers. But 3net’s president and CEO, Tom […]
