Discovery Communications acquires Scripps Networks Interactive

The value of the transaction is about $ 14.6 billion, for which Discovery paid more than 60 percent in cash, the remainder being covered in the form of a buyer shares. Scripps Networks is a US-based distributor and currently has over 200 million subscribers in approximately 180 countries. In Poland, he became the majority shareholder of TVN in mid-2015 and at the end of the year he took over all shares and withdrew the company from the stock exchange.