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Discovery plans direct-to-consumer streaming service, CEO says

Discovery Inc. is mulling plans to launch a direct-to-consumer streaming service in the range of $5 a month to $8 a month, AdWeek reported July 27.

The service is expected to let subscribers access 17 networks from the company, Discovery President and CEO David Zaslav said while speaking at an industry event.

A report in March also indicated that the company was considering developing a global streaming service for its reality, nature and lifestyle programming.

In June, Discovery teamed up with the PGA Tour to create an international PGA Tour-branded over-the-top video-streaming service.