Apr 1, 2019
Discovery to pay BBC £300m for wildlife rights
Discovery will pay the BBC £300m over 10 years for the rights to its natural history and wildlife programmes, as the US pay-TV group prepares to launch a subscription streaming service by 2020. Claire Enders, of media analyst Enders, said the deal with Discovery would help the BBC offset losses when it ends licensing deals with Netflix ahead of its launch of BritBox. The 10-year agreement between the BBC and Discovery comes as the two broadcasters divvy up the channels operated by UK TV, the television company they jointly own. Under a separate arrangement, the BBC will pay Discovery £173m for the majority of the UK TV channels, such as Alibi and Drama, as well as the digital player and the brand. The BBC will take over the entertainment channels with Discovery taking lifestyle channels, such as Good Food.
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