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Discovery Plus Surpasses 11 Million Subscribers

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variety.com
variety.comvariety.com:

Elaine Low Senior TV WriterDiscovery’s fourth-quarter earnings report beat forecasts early Monday, as the company also revealed early subscription numbers for its newly launched SVOD service, Discovery Plus.The company reported earnings of 76 cents per share and revenue of $2.889 billion, vs.

Street projections for per-share earnings of 72 cents on revenue of $2.83 billion.During Q4, Discovery officially entered the streaming wars with a standalone streaming of its own, Discovery Plus, which launched on Jan.

4 for $4.99 to $6.99 a month. Execs there have preciously said they expect the service to have an addressable market of 70 million domestically and 400 million globally.In the company’s fourth-quarter earnings release Monday, Discover.

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