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✅   Paris Olympics deal hands Discovery+ gold in UK TV streaming race

Business

Subscriber growth booms for US pay-TV firm after move to grab European broadcast rights from BBCDiscovery+ has become the UK’s fastest growing paid streaming service, with its parent company’s near-£1bn deal to wrest control of the rights for the Olympics from the BBC appearing to be paying off.Six years ago Warner Bros Discovery (WBD) – which runs Discovery+ in the UK and the Max streaming service across Europe, alongside broadcast channels such as Eurosport – reached a €1.3bn (£1.1bn) pan-European deal with the International Olympic Committee that meant viewers would need to pay a TV or streaming subscription to watch all Olympic events for the first time.

The Guardian     Aug 05, 2024