Discovery says it now has 20 million subscribers for its direct-to-consumer services, including Discovery+.
Announcing its third-quarter results the company said it had added another 3 million homes during the third quarter.
“The team drove solid momentum in our direct-to-consumer business, which we grew to 20 million paid subscribers at quarter-end on the strength of our global brands and fan-favourite content, including the Summer Olympic Games and Shark Week,” said Discovery’s President and Chief Executive Officer, David Zaslav.
Discovery+ recently launched in Canada and the Philippines.
Total revenues grew 23% year-on-year to $3,150 million with international contributing $1,295 million. $290 million was derived from sales of secondary rights to the Olympics to other broadcasters.
