Discovery said Tuesday it has reached an agreement with Altice USA for carriage of its full suite of networks. Terms of the deal were not disclosed.
Altice USA, which offers pay TV service under the Optimum and Suddenlink brands, will continue to carry Discovery Channel, TLC, Animal Planet, Investigation Discovery, Science, OWN, American Heroes Channel, MotorTrend, Destination America, Discovery Family Channel, Discovery Life Channel, Discovery en Español, and Discovery Familia.
News of the carriage deal comes a day after Discovery revealed that it has about 11 million subscribers to its Discovery Plus streaming service, launched in January.
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Mike Farrell is senior content producer, finance for Multichannel News/B+C, covering finance, operations and M&A at cable operators and networks across the industry. He joined Multichannel News in September 1998 and has written about major deals and top players in the business ever since. He also writes the On The Money blog, offering deeper dives into a wide variety of topics including, retransmission consent, regional sports networks,and streaming video. In 2015 he won the Jesse H. Neal Award for Best Profile, an in-depth look at the Syfy Network’s Sharknado franchise and its impact on the industry.