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Discovery Communications buys Scripps Networks
It's official--Discovery Communications is buying Scripps Networks for $14.6 billion in cash and stock, or $90 a share. Yahoo Finance's Alexis Christoforous and Myles Udland discus what this deal means for the cable TV industry which is still dealing with declines in subscriber growth.
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From the founder of the Discovery Channel, CuriosityStream is the world's first streaming service dedicated to streaming factual documentaries about science, tech, nature and more! 🌍🖥 Start your free trial today. 🚀 | Curiosity Stream
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