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Variety

Is Direct-to-Consumer the Future of the Discovery Channels, Which Now Also Include the Scripps Cable Nets?

Jul 27, 2018  •  Post A Comment

“With his company’s acquisition of Scripps Networks complete, Discovery Communications CEO David Zaslav is eyeing a streaming future,” Variety reports following Zaslav’s appearance Thursday at the Television Critics Association’s summer press tour.

Zaslav is quoted saying: “We believe that there’s lots of opportunity to look at scripted content, scripted movies. That area of everything else in quality content, whether it’s Oprah, science, home, food, cars, that’s going to continue to grow, and eventually we’re going to go direct to consumer with some or all of that.”

Variety adds that Zaslav “framed Discovery’s position in the entertainment media business as a counter to the crowded field of companies competing for eyeballs through scripted entertainment programming. He pointed to mogul Rupert Murdoch’s decision to sell the bulk of 21st Century Fox’s entertainment properties to the Walt Disney Co. as an example of the state of the industry.”

Said Zaslav: “When you get one of the great leaders of our industry, Rupert Murdoch, saying he’s going to sell 21st Century, at first we were surprised, but then we said with the competition from Amazon, Apple, Netflix, the competitive nature of that side of the business has really changed. The amount of scripted content has changed. The amount of dollars going against movies has changed. We really see the media business as being two sides. One side is scripted series and movies, and we’ve moved away from that.”

We encourage readers to click on the link above to Variety to read the full report.

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