Discovery Acquires German Free-To-Air Channel Tele5 From Leonine
Jake Kanter International TV EditorDiscovery has acquired the German free-to-air entertainment channel Tele5 from Leonine for an undisclosed fee.The deal also includes a “long-term” content agreement, which gives Discovery Germany access to Leonine’s library of fictional content. Regulatory approval will be required for the deal to be finalized.Susanne Aigner, MD of Discovery Germany, said: “This enables us to tap new target audience groups and expand our marketing potential with the reach of Tele 5.