Discovery and BBC Studios announced they will launch a new OTT SVOD worldwide, scheduled for 2020. Both business ran a 10 year-agreement valued at USD 400 million, in which Discovery acquired an extensive list of contents from the British company.
The acquisition includes the BBC’s franchise rights – such as Planet Earth and Blue Planet – with the exception of China and the United Kingdom, where the BBC will be able to add content to its own services, including, BritBox, soon to be launched . It also includes new programming development, which will put together traveling, science and natural history into its main contents.
The new OTT’s offer will be available through a less than USD 5 monthly subscription. according to the president and CEO of Discovery, David Zaslav. ‘The new platform will be the first direct service to the global consumer with the most iconic IP of the genre, including Planet Earth series, all existing historical series future sequels and derivations , and the new exclusive natural history and science programming that will come in the future’, he said in a statement announcing the launch of the OTT.
The companies also agreed to split UKTV channel content – of which BBC Studios owns 50% – in two parts: Discovery will be the exclusive owner of lifestyle channels Good Food and Home and Really, and BBC Studios will stay with Alibi , Dave, Drama, Eden, Gold, Yesterday and W, as well as the UKTV Play digital player and the UKTV brand. Entertainment channels will continue to be operated under the UKTV brand.