Discovery Communications

YouTube TV hikes prices after inking Discovery deal

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YouTube TV announced Wednesday it is increasing its prices to $50 per month after striking a major multi-year distribution agreement with Discovery Communications to provide channels like HGTV, Food Network, TLC, Animal Planet, Travel Channel, and more.

Why it matters: This is the latest in a series of price hikes for digital TV packages called "skinny bundles." The price hikes, which are occurring as the skinny bundle packages add more channels, show that it's difficult for smaller digital TV packages to compete with the bloated and expensive Pay-TV packages that they sought to displace.

Inside Discovery's global streaming push

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When most people think of Discovery Communications, they think about Shark Week, true crime stories and lifestyle programming (like cooking and house makeovers) due to its 2018 acquisition of Scripps Networks Interactive.

Yes, but: While most U.S. TV networks have been focused on building streaming services here at home, Discovery has been quietly building an arsenal of direct-to-consumer streaming brands in the U.S. and overseas.