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Travel Channel Parent Company : What Does Scripps Deal Mean for Discovery Channel?

Travel Channel Parent Company Video

Travel Channel Parent Company

What Does Scripps Deal Mean for Discovery Channel?

What Does Scripps Deal Mean for Discovery Channel?

According to analysts, Discovery Communications’ recent .6 billion deal for the parent company of HGTV and the Food Network, Scripps Networks Interactive, is all about streaming TV and making Discovery a powerhouse in traditional cable. In a joint statement announcing the deal, the two companies said this week, “Discovery’s added scale, content engine and multiple brand offerings will present a compelling opportunity for new digital distribution partners, including mobile, OTT, and direct-to-consumer platforms and offerings.”
http://www.sfgate.com/entertainment/the-wrap/article/Discovery-s-Scripps-Deal-Is-All-About-Streaming-11721522.php

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