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Analysts did generally acknowledge that the streaming service will bring significant heft when it launches on January 4. “Given that Discovery did not provide long-term financial targets” on ...
Moody's Investors Service ("Moody's") says Discovery Inc.'s (Discovery or the Company, Discovery Communications, LLC rated Baa3 stable) launch of a global streaming service, Discovery+, is credit ...
In his first earnings report since an April merger created one of the largest media companies in the U.S., on Aug. 4 Warner Bros. Discovery (WBD) CEO David Zaslav announced plans to combine HBO Max...
Discovery+ became a sister service to WarnerMedia's HBO Max following their merger in April 2022. HBO Max was relaunched as Max the following year, adding Discovery content to its library. While WBD originally planned to discontinue Discovery+ in favor of Max, the company elected to continue offering Discovery+ because it was still profitable. [3]
Discovery, Inc. was an American multinational mass media factual television conglomerate based in New York City.Established in 1982, the company operated a group of factual and lifestyle television brands, such as the namesake Discovery Channel, Animal Planet, Science Channel, and TLC.
Corus would launch other Scripps brands such as DIY Network (which would later be replaced, as in the U.S., by Magnolia Network) [14] and Cooking Channel, [15] and served as a Canadian launch partner for Discovery's streaming platform Discovery+. [16]
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The rebranding coincided with the launch of a subscription tier, bringing Discovery's pay-TV and free-to-air channels all together. In December 2020, Discovery announced that a separate version of Discovery+ would be officially launching in the United States in January 2021. [6] On January 4, 2021, Dplay was shut down in Japan. [7]