Discovery to buy Scripps

Discovery Communications has received European Commission approval for its £11bn purchase of pay-TV broadcaster Scripps Networks Interactive. The proposed acquisition, which is expected to complete next month, is still subject to additional antitrust clearances.

Discovery president and CHE David Zaslav said: “We believe that joining the Discovery and Scripps Networks’ family of brands and assets will allow us to better serve our passionate fans with more content on more platforms worldwide, while at the same time optimising our business for greater efficiency.”

DTG Staff  |  07.02.2018

Previous story  |  Next story