Discovery Hits 18 Million Paid Streaming Subscribers

Discovery Hits 18 Million Paid Streaming Subscribers
Discovery, Inc. has reached 18 million total paid streaming subscribers to-date, seven months after the Jan. 4 debut of its SVOD platform Discovery+, the company revealed in its Q2 earnings reported Tuesday.

That number encompasses Discovery’s entire portfolio, including international direct-to-consumer products, like Eurosport Player and GolfTV. But the majority of that 18 million figure comes from Discovery+, per Discovery, though the company did not provide a specific breakdown. It’s worth noting that due to some recent rebranding, the use of the Discovery+ brand name here as a majority of Dtc signups is not limited to America.

“We continued to steadily execute in our emerging next generation businesses, with 17 million paying direct-to-consumer subscribers at the end of the quarter, and 18 million as of today,” CEO David Zaslav said in a statement Tuesday.

Discovery reported that it ended Q1 “with 13 million global next generation-paying, direct-to-consumer subscribers” and had reached a cross-portfolio total
See full article at The Wrap »

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