(Image source from: Discovery Communications critically into Internet streaming service!})
The Executive chairman and founder John Hendricks announced on Tuesday Discovery Communications is at productive activity on an Internet streaming service that could charge cable subscribers a small fee to gain access to hours of documentaries as well as reality shows.
Furthermore to go, Mr Hendricks mentioned in an interview with Reuters that there is money to be achieved from TV shows on Discovery's networks that are between three and 18 months old. He was known to have added that shows during this time-frame are not easily accessed on cable on-demand services or on Netflix, which offers Discovery content older than 18 months.
Discovery Communications known to be owning networks such as TLC, the Discovery Channel as well as Animal Planet, which are home to some of biggest hits on cable TV. Discovery, like other media companies, is attempting to achieve cash in on digital content due to reason of TV viewing online occurred as viewers preference.
Image Source: John Hendricks
(AW:Samrat Biswas)