Discovery and Scripps Networks have agreed to a merger after similar talks with Viacom fell short.
Discoveries portfolio includes:
1) Discovery
2) TLC
3) Investigation Discovery
4) OWN
Scripps portfolio includes:
1) HGTV
2) Food Network
3) Travel Channel
The combined networks brought in $9.9b in revenue last year.
Even with all of the challenges facing linear TV these networks are seeing improved ratings.
More on this topic. Discovery Interest in Scripps Driven by Visions of $3 TV Bundle
