Altice USA : and Discovery, Inc. Reach Distribution Agreement - Discovery, Inc.
February 24, 2021 at 04:45 am EST
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New York, NY -- Altice USA (NYSE: ATUS) and Discovery, Inc. today announced that the two companies have agreed on a mutually favorable distribution agreement that allows Altice USA's Optimum and Suddenlink subscribers to enjoy continued access to Discovery's unparalleled portfolio of networks, which ranks as the #1 most-watched pay-TV portfolio in the U.S.
The agreement, encompassing Discovery's full portfolio of award-winning networks including Discovery Channel, TLC, Animal Planet, Investigation Discovery, Science, OWN, American Heroes Channel, MotorTrend, Destination America, Discovery Family Channel, Discovery Life Channel, Discovery en Español, Discovery Familia, ensures Altice USA's subscribers will have access to their favorite Discovery networks and shows.
Discovery continues to be a key part of the pay-TV ecosystem. In addition to ranking as the top pay-TV portfolio in the fourth quarter of 2020, as recently as the week of February 8, 2021, the Discovery portfolio had 66 telecasts (41 different programs) across five different networks (TLC, Discovery, HGTV, Food Network and ID) each average at least 1 million total viewers.
About Discovery
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 discovery+, Food Network Kitchen 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, Science Channel, and the forthcoming multi-platform JV with Chip and Joanna Gaines, Magnolia Network, 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.
Altice USA, Inc. is a broadband communications and video services provider in the United States, delivering broadband, video, mobile, proprietary content and advertising services to residential and business customers across 21 states through its Optimum brand. The Company has presences primarily in the New York metropolitan area and various markets in the south-central United States through a fiber-rich hybrid-fiber coaxial broadband network and a fiber-to-the-home network. The Company offers news programming and advertising services. It operates a4, an advanced advertising and data business, which provides audience-based, multiscreen advertising solutions to local, regional and national businesses and advertising clients. It offers hyper-local, national, international and business news through its News 12 and i24NEWS networks. It also offers managed services, including hosted private branch exchange, managed Wi-Fi and network security for small and medium-sized business customers.