Discovery Inc

Discovery has completed its acquisition of Scripps Networks Interactive and rebranded the merged entity as Discovery Inc.

The completed acquisition comes eight months after Discovery revealed it planned to buy the Food Network and HGTV broadcaster in an £11bn deal which is expected to deliver significant savings.

David Zaslav, President and Chief Executive Officer of Discovery Communications noted that the company would be a leader in 'real life entertainment' and said: “Discovery will serve loyal and passionate audiences around the world with content that inspires, informs and entertains across every screen; deliver new ways for advertisers and distributors to reach highly targeted audiences at scale; and leverage our leadership position to create new value and growth opportunities for all of our stakeholders."

DTG Staff  |  07.03.2018

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