Discovery, led by CEO David Zaslav, reported that it has reached 15 million paying subscribers worldwide to its direct-to-consumer services, includingDiscovery+.
In late February, the firm said it had reached more than 11 million paying streaming subscribers. In its second earnings report since theDiscovery+ launch early in the year, the company disclosed that it had ended the first quarter in March with more than 13 million.
Discovery also reported on Wednesday that its U.S. advertising revenue in the first quarter of 2021 fell 4 percent compared with the year-ago period; management had forecast a drop.
But U.S. distribution revenue rose in the double-digit percentage range thanks to Discovery+ and higher carriage fees. The ad decline was.
Read more on hollywoodreporter.com
Get the latest stars news and celebrity rumours with exclusive stories, photos, videos and interviews.
Breaking up, scandals, engagements, divorces, gossip – all you need to know about the private lives of your favorite celebs.
Get to know the latest showbiz news along with exclusive interviews and even more. All this is waiting for you on the main page 24 hours a day, 7 days a week! Who, where, when, with whom, how, why and for what!? Stay tuned to know first!
Just follow us daily and we will provide you with the current news from the life of famous stars and celebrities.
Owner: SNOWLAND s.r.o.
Registration certificate 06691200
Address:
Snowland s.r.o.
16200, Na okraji 381/41, Veleslavín, 162 00 Praha 6
Czech Republic
©2024. All rights reserved.