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Discovery Streaming Boss Peter Faricy to Exit, Role to be Filled by Trio of Execs

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thewrap.com

first reported the news of Faricy.Also Read: Oprah's 'Where Do We Go From Here?' Special Draws Nearly 11 Million TV ViewersDiscovery has viewed streaming differently than its competitors, choosing to launch smaller, more targeted services vs an “all-in-one” bundle like a Disney+ or HBO Max.

Last October, Discovery partnered with Amazon on Food Network Kitchen, a $7-a-month streaming service focused on cooking recipes and tips.Magnolia, the upcoming cable network from the “Fixer Upper” stars, is launching later this year in a rebrand of DIY Network.

It was supposed to debut in October but was delayed amid the coronavirus pandemic. When it does launch, it will include a TV Everywhere app and is planning a subscription streaming offering in.

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