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Netflix Covid-19 reports

Discovery Passes 11M Streaming Subscribers, Topping Estimates, But Q4 Revenue Stalls On Pay-TV Fade

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deadline.com
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Discovery said it has passed 11 million direct-to-consumer streaming subscribers and will reach 12 million by the end of February, a gain of about 7 million subscribers since December.The parent of cable networks HGTV, TLC, Food Network and the Discovery Channel launched streaming service Discovery+ on January 4 in the U.S.

and is rolling it out globally. Executives have not provided a specific target number of subscribers but have described the service as a valid complement to Netflix, which has surpassed 200 million paying customers around the world.

Verizon has signed on as a key distribution partner, bundling one year free of Discovery+ with many customer plans.The streaming numbers came as the company reported flat revenue for the

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