![]() The field of subscription streaming competitors has grown significantly more crowded in the past couple of years, with the launches of well-funded offerings like HBO Max, Peacock, Apple TV+ and Disney+. On the company’s most recent quarterly earnings call with analysts last month, Zaslav talked up the company’s streaming prospects but also said the company has “a free cash flow machine that will continue for a very long period of time to generate real return with great margins.” Rather than make a sharp turn into digital, Discovery is attempting to more gradually segue from the ultra-lucrative cable era to the more uncertain economics of streaming. Then, when so-called “skinny bundles” gained traction, Discovery focused on securing distribution with the largest number of those providers, enabling it to reach cord-cutters without taking on the expense and risk of a DTC service.ĭiscovery+ Unveils Original Content Slate Including ‘90 Day Fiancé’ Spinoff & Series From Kevin Hart, David Schwimmer, Martha Stewart & Michael Urieĭiscovery CEO David Zaslav often likes to point out that Discovery’s TV Everywhere services still generate hundreds of millions of dollars in revenue. TV Everywhere enables streaming but within the traditional bundle and only when viewers log in and authenticate their pay-TV subscriptions, which is often a cumbersome process compared with experiences like Netflix. In other territories, it has operated Eurosport and golf subscription offerings and tried a stateside niche service, Food Network Kitchen, last year but appeared to get little traction with it.Īlong with other cable programmers looking to safeguard their position from digital threats, it backed TV Everywhere, an initiative born a decade ago in partnership with pay-TV operators. Also headed for the streaming platform will be a set of new franchises based on TLC’s runaway hit, 90 Day Fiancé.Īs viewing has increasingly shifted from linear TV to streaming in recent years, Discovery has long resisted launching a direct-to-consumer offering in the U.S. ![]() ![]() ![]() The slate’s talent lineup will include Chip and Joanna Gaines, Sir David Attenborough, David Schwimmer, Will Packer and Kevin Hart Bobby Flay and Giada De Laurentiis. 2023 Premiere Dates For New & Returning Series On Broadcast, Cable & StreamingĪlong with fare from Discovery’s stable of network brands, programming for Discovery+ will come from the BBC’s Natural History collection, A+E Networks, Group Nine and other suppliers. ![]()
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