Discovery may launch its own streaming service, too
Following Discovery Communications $14.6 billion acquisition of Scripps Networks Interactive in March, the company is now toying with the idea of launching its own direct-to-consumer service. According to remarks made by Discovery CEO David Zaslav at an industry event, AdWeek reports [paywalled], the company is considering a service with all of Discovery's networks at a price point of $5 to $8 per month. Following its merger with Scripps, the company operates four of the top five cable networks for women 25-54, the exec also said - ID, HGTV, Food Network and TLC.