06/19/2019 | Press release | Distributed by Public on 06/19/2019 11:24
- 18 Discovery Networks to be Available to fuboTV Subscribers -
NEW YORK [June 19, 2019 - For Immediate Release] Discovery, Inc. (Nasdaq: DISCA, DISCB, DISCK) and fuboTV (fubo.tv), today announced a new, multi-year carriage agreement that will bring 13 Discovery networks to fuboTV's live TV streaming service in the coming weeks. The deal extends the strategic relationship between the companies that began with the former Scripps Networks Interactive (acquired by Discovery) and included carriage of its five networks including HGTV and Food Network.
'Our partners at fuboTV are building a unique programming service, and we are pleased to bring more of our portfolio of real-life passion brands and programs to their subscribers,' said Eric Phillips, President of Affiliate Distribution at Discovery. 'This agreement further exemplifies the viewer affinity for our beloved brands and talent, and fuboTV's commitment to offering high-quality, world-class content to customers.'
Discovery Channel, TLC, Investigation Discovery, Animal Planet, OWN: Oprah Winfrey Network and MotorTrend will be available on fuboTV's base package, fubo Standard, joining HGTV, Food Network and Travel Channel, which are already available on the service.
At the same time, an expanded suite of Discovery networks including Science Channel, Destination America, Discovery Family, American Heroes Channel, and Discovery Life will be added to fuboTV's add-on package, fubo Extra ($5.99/month for 30+ channels) joining DIY Network and Cooking Channel. Additionally, Discovery en Español and Discovery Familia will be available on fuboTV's Spanish-language package, Latino Basic ($24.99/month for 20 channels), and the Latino Plus add-on package ($7.99/month for 15 channels).
In addition to bringing subscribers each network's live linear feed, the agreement also includes a robust library of on-demand Discovery content, bringing fuboTV's VOD library to over 60,000 movies and TV episodes per month.
'Today's content agreement broadens the strategic relationship between Discovery and fuboTV that began almost two years ago with the former Scripps Networks,' said Joel Armijo, CFO, fuboTV. 'We are excited to be adding more Discovery brands alongside their lifestyle networks, which we already carry. These brands, including HGTV and Food Network, are among our top performing entertainment networks, and this agreement allows us to extend our partnership for years to come. We expect to be similarly successful with our new Discovery networks.'
Discovery, Inc. (Nasdaq: DISCA, DISCB, DISCK) is a global leader in real life entertainment, serving a passionate audience of superfans around the world with content that inspires, informs and entertains. Discovery delivers over 8,000 hours of original programming each year and has category leadership across deeply loved content genres around the world. Available in 220 countries and territories and nearly 50 languages, Discovery is a platform innovator, reaching viewers on all screens, including TV Everywhere products such as the GO portfolio of apps; direct-to-consumer streaming services such as Eurosport Player and MotorTrend OnDemand; digital-first and social content from Group Nine Media; a landmark natural history and factual content partnership with the BBC; and a strategic alliance with PGA TOUR to create the international home of golf. Discovery's portfolio of premium brands includes Discovery Channel, HGTV, Food Network, TLC, Investigation Discovery, Travel Channel, MotorTrend, Animal Planet, and Science Channel, as well as OWN: Oprah Winfrey Network in the U.S., Discovery Kids in Latin America, and Eurosport, the leading provider of locally relevant, premium sports and Home of the Olympic Games across Europe. For more information, please visit corporate.discovery.com and follow @DiscoveryIncTV across social platforms.
fuboTV is the world's only sports-focused live TV streaming service with top leagues and teams, plus popular shows, movies and news for the entire household. Its base package, fubo, is available for $54.99 per month and features more than 90 channels, including a growing line-up of national channels, local broadcast stations and regional sports networks (RSNs); personal Cloud DVR storage; and two simultaneous streams - with no contract or set top box required. Get fubo.tv on the web, on popular mobile phones and tablets, and on connected and smart TVs.
Headquartered in New York City, fuboTV has quickly evolved into the top independent virtual MVPD in the U.S. and a sports-first cable replacement for the entire family, after initially launching as a streaming soccer service in January 2015. With the launch of fuboTV España in 2018, it became the first U.S. virtual MVPD to enter Europe. fuboTV has raised more than $150 million in funding to date, including a $75 million Series D round that closed in April 2018 and included 21st Century Fox, AMC Networks, Luminari Capital, Northzone, Sky, the former Scripps Networks Interactive (recently acquired by Discovery, Inc.) and Waverley Capital. Investors also include DCM Ventures, i2bf, LionTree Partners, Univision Communications Inc., Edgar Bronfman, Jr. (former Chairman and CEO of Warner Music Group), Chris Silbermann (founding partner, ICM Partners) and former NBA Commissioner David Stern.