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“#Discovery+ has more than 11 million subscribers after just one month” Discovery said its new streaming service, Discovery+, has amassed over 11 million subscribers since it launched last month, even as cord-cutting and flat advertising revenue hit its business in the fourth quarter. Chief Executive David Zaslav said Monday that Discovery — which owns HGTV,…
“#Discovery sets debut for Chip and Joanna Gaines’ Magnolia app” Discovery is betting big on “Fixer Upper” stars Chip and Joanna Gaines. The broadcasting giant behind The Food Network, HGTV and Animal Planet is set to debut its Magnolia streaming app on July 15, ahead of a Magnolia TV channel that’s slated to launch in…
“#Oprah nabs stake in Discovery as company takes 95% of OWN” Oprah Winfrey has swapped most of her interest in OWN for a small ownership in Discovery, home of TLC’s trashy hit reality series, “90 Day Fiancé.” According to an SEC filing Tuesday, Winfrey nabbed a stake worth less than 1 percent of the $35…