The company is planning to take legal action against the Polish government, after the lower house of parliament in Poland approved a bill that aims to ban non-European companies from owning controlling stakes in Polish media outlets.
At the end of the quarter, the company had 17 million paying subscribers, but since the end of June, Discovery’s direct-to-consumer streaming services attracted another one million more, thanks to the Tokyo 2020 Olympic Games.
The planned Warner Bros Discovery merged company is set to be near the top of the industry when it comes to corporate demand share, according to new data from Parrot Analytics.
Just seven months after the debut of its SVOD platform Discovery+, Discovery Inc. has reached 18 million total paid streaming subscribers, the company revealed in its second quarter earnings report on Tuesday.
Under her new role, Lee will oversee the brand’s business operations in Korea, as well as Discovery in Japan. The recruitment follows the company’s effort to restructure its leadership team in the region ahead of its merger with Warner.