Latest in Discovery

Pop Sugar, a female-skewing digital brand that started off as a humble blog in 2006, has been acquired by Group Nine Media in the latest major M&A transaction to rearrange the digital media sector. The brand joins a stable at Group Nine that already includes Thrillist, NowThis, The Dodo and Seeker. Terms were not…

Chip and Joanna Gaines are expanding their horizons once again, and are planning to open their first hotel in downtown Waco, Texas. The couple, who made Fixer Upper HGTV’s most popular show and are launching their own network next summer in conjunction with the Discovery Network, announced the new project in a video…

John Malone has completed a selloff of his stake in Lionsgate, with the studio’s chairman Mark Rachesky agreeing to purchase 2,399,571 Class A voting shares from the media mogul and his personal affiliated entities for $22.05 million. Malone previously sold off a total of 517,437 Class A voting shares between…

Discovery, whose approach to streaming in the U.S. has favored participation in bundled offerings over direct-to-consumer fare, is taking a different tack with the launch of Food Network Kitchen in partnership with Amazon. Billing it as a “first-of-its-kind” service to launch in late October, Discovery said it will…

EXCLUSIVE: Animal Planet has acquired worldwide television rights to  Participant and Terra Mater Factual Studios' documentary film Watson. The film chronicles Sea Shepherd founder Captain Paul Watson, who has spent his life sailing the globe to keep the oceans and their inhabitants safe.   The film had its world…

All3Media, the international production company owned by Discovery and Liberty Global, is going to bring two of its indies closer together as part of a restructure. The back-office functions of Cash Cab maker Lion TV and Lime Pictures, which produces Netflix teen drama Free Rein, will be combined, although the…

The new joint venture between Discovery and TV home-renovation and lifestyle gurus Chip and Joanna Gaines has announced its first round of senior executive hires. The trio includes Donna MacLetchie, GM of Programming; Julie Morris, SVP, Brand Strategy and Operations; and John Marsicano, Head of PR. Encompassing a…

In the first quarter of apples-to-apples financials since it closed the Scripps Networks Interactive acquisition, Discovery delivered solid advertising gains and beat Wall Street profit forecasts. The company reported total revenue in the second quarter of just shy of $2.9 billion, which met estimates. Excluding a tax…

Chip and Joanna Gaines have issued a teasing video for their new Magnolia Network, which is expected to debut next summer and replace the existing DIY Network in the Discovery empire. The video shows the easy-going couple teasing each other about the story possibilities of the new network, whose offerings remain under…

With its 2017 acquisition of Scripps Networks, Discovery became the dominant player in the unscripted cable market with 19 networks, with all but OWN focused entirely on reality fare. Using its newly found clout, I hear Discovery has put forward a new model for financing its series, and it has the unscripted producing…

Discovery and FuboTV have announced a new, multi-year carriage agreement that will bring 13 Discovery networks to Fubo’s streaming service in the coming weeks. The deal extends the relationship between the companies that dates back before the 2018 acquisition of Scripps Networks Interactive by Discovery. The prior…

Discovery has hired Sky exec Anil Jhingan, who played a key role in the pay-TV company's high-profile acquisitions of its German and Italian operations. The factual giant has hired Jhingan as Executive Vice President of Corporate Development, EMEA & APAC. He was previously Group Director of M&A and International…