In this week’s Week in Review: Discovery announces ‘Discovery+’, Facebook brings its News service to the UK, and GroupM forecasts a 4.4 percent retraction in UK ad market for 2020. To receive an update on the industry’s top stories every Friday, sign up to the weekly Video Round-Up.
Discovery Announces New ‘Discovery+’ Streaming Service
International broadcaster Discovery announced plans to launch a new streaming service in the US, unsurprisingly called ‘Discovery+’, which will host content from all Discovery owned channels.
Discovery already runs a streaming service under the Discovery+ brand in the UK, having rebranded from ‘dplay’ last month. But in the US, the broadcaster has previously stuck to offering a variety of individual niche thematic subscription services.
Now however, Discovery is following the path taken by rival broadcasters like NBCUniversal and WarnerMedia, collating all content under one broad service. Discovery+ will have both an ad-free subscription tier and a cheaper ad-supported tier.
Facebook News to Expand …