Discovery Networks, Inc was an American multinational mass media factual television conglomerate based in New York City.
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Discovery Networks, Inc was an American multinational mass media factual television conglomerate based in New York City.
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In 2018, the company acquired Scripps Discovery Networks Interactive, adding networks such as Food Network, HGTV, and Travel Channel to its portfolio.
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Since the purchase, Discovery Networks described itself as serving members of "passionate" audiences, and placed a larger focus on streaming services built around its properties.
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Discovery Networks owned or had interests in local versions of its channel brands in international markets, in addition to its other major regional operations such as Eurosport, GolfTV, Discovery Networks Communications Nordic, TVN Group in Poland, and a portfolio of various free-to-air channels in Germany, Italy, New Zealand, and the United Kingdom.
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On September 1,2001, Discovery Networks Communications bought The Health Channel, and announced that it would be re-branded as FitTV.
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In 2003, Discovery Networks Communications moved its headquarters from Bethesda to Silver Spring.
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In 2019, Discovery Networks Communications moved its headquarters to New York City, keeping 300 employees in a smaller hub in Silver Spring.
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In March 2007, Discovery Networks sold its stake in Travel Channel back to Cox Communications, in exchange for the stake in Discovery Networks that Cox owned.
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In June 2008, Discovery Networks Home was replaced by Planet Green, a network devoted primarily to environmentalism and sustainable living.
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On January 15,2008, Discovery Networks announced that it had entered into a joint venture with Oprah Winfrey's Harpo Productions to relaunch Discovery Networks Health as a new service, OWN: The Oprah Winfrey Network, in 2009.
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In 2008, Discovery Networks Times was relaunched as Investigation Discovery Networks, a new brand that would be dedicated to true crime programs and documentaries.
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Amazon subsequently accused Discovery Networks of violating a patent for an "Internet-based customer referral system"; The two parties settled in 2011.
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In January 2014, Discovery Networks launched Curiosity, a website that aggregates online education content.
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In October 2014, Discovery Networks acquired controlling interest in Hub Network from Hasbro and re-branded it as Discovery Networks Family.
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In May 2016, Discovery Networks initiated a restructuring plan aiming to save $40 to $60 million by the third quarter of 2016, including a shift in strategy to "maximize" its linear television business whilst plotting larger investments in content, digital media, sports, and international markets.
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In October 2016, Discovery Networks purchased a minority stake in Group Nine Media, a digital media holding company consisting of Thrillist Media Group, NowThis, The Dodo and Discovery Networks's digital network Seeker—for $100 million.
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On July 31,2017, Discovery announced it would acquire Scripps Networks Interactive, owner of networks such as Food Network, HGTV, and DIY Network, for $14.
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Discovery Networks retained an operational hub in SNI's home city of Knoxville, but planned to move its corporate headquarters from Silver Spring, Maryland, where it had operated since 2003, to New York City in late-2019.
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Discovery Networks will hold a majority stake in the venture; it will not include TEN's print brands, but there will be opportunities for cross-promotion.
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In February 2018, Discovery Networks sold a majority stake in Discovery Networks Education to the private equity firm Francisco Partners.
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In June 2018, Discovery Networks announced a 12-year agreement to acquire the international media rights to the PGA Tour, with plans to develop an international streaming service to house these rights.
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On May 13,2019, Discovery Networks announced that it would acquire Golf Digest from Conde Nast to integrate into its Discovery Networks Golf division.
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In May 2021, Discovery Networks formed a multi-platform content partnership with the Georgia Aquarium.
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On June 7,2021, Discovery Networks announced that it would divest Great American Country to GAC Media, a new Fort Worth-based investment group led by Tom Hicks and former Crown Media Holdings CEO Bill Abbott.
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On January 26,2022, it was reported that the merger between WarnerMedia and Discovery Networks, Inc was expected to close sometime during the second quarter of 2022.
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Liberty Global and Discovery Networks Communications paid approximately $195 million for a 3.
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Discovery Networks had a stake of some networks operated by CTV Speciality Television Inc, a joint venture between Bell Media and ESPN Inc such as Discovery and Animal Planet.
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On September 7,2020, MediaWorks New Zealand Limited announced that Discovery Networks would be purchasing the television arm of their business including Three, Bravo, The Edge TV, Breeze TV, streaming service ThreeNow, and current affairs service Newshub.
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On 27 April 2021, Discovery Networks Inc confirmed that it would be restructuring its business operations in Australia and New Zealand with the goal of incorporating Three, Bravo and Newshub into a single trans-Tasman organisation.
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On November 27,2012, Discovery Networks announced it would acquire Dubai-based broadcaster Takhayal Entertainment, which owns MENA lifestyle channel Fatafeat.
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In June 2015, Discovery Networks acquired pan-European rights to the Olympic Games from 2018 through 2024, excluding Russia, on all platforms, in a €1.
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On January 31,2017, after nearly facing a carriage dispute, Discovery Networks renewed its distribution deals in Germany and the United Kingdom with Sky plc.
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In November 2016, Discovery Networks partnered with the streaming media company BAMTech to create a joint venture to serve Europe.
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On July 3,2020, Discovery Networks agreed to acquire the German free-to-air station Tele 5 from Leonine Holding.
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In March 2021, Discovery Networks was made available to beIN Media Group subscribers in the Middle East and North Africa.
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Discovery Networks'smanifesto railed against "immigration pollution and anchor baby filth", leading commentators such as Mark Potok of the Southern Poverty Law Center to decry Lee as an "eco-fascist".
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