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Source:  Variety

Discovery and BBC Studios have inked a nearly $400 million programming deal that will see high-end natural history programming from BBC Studios play on a new Discovery global streaming service set for launch by 2020.

Under a ten-year agreement, Discovery has acquired a raft of BBC content for its new SVOD service and will work with BBC Studios, the U.K. broadcaster’s production and distribution unit, to develop new programming across natural history, travel, science, and other factual genres.

Discovery CEO and president David Zaslav said the new, as-yet-unnamed service could launch for under $5 a month.

“This is our largest-ever content sales deal,” added BBC boss Tony Hall. “It will mean BBC Studios and Discovery will work together to take our content right across the globe through a new world-beating streaming service.  Global subscribers are in for a real treat: the best content on a great new platform.”

Read the story at Variety.

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