discovery

The Wall Street Journal got the scoop on Discovery Communications latest move into new media (see, old media can still break stories): the TV network is buying HowStuffWorks for $250-million. According to the Journal story: “We’re way behind in new media and digital,” says Chief Executive David Zaslav, who has shaken up Discovery since taking [...]

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According to a report in the New York Post, and confirmed by this post at the company’s site, the environmental awareness network known as Treehugger.com has been acquired by the Discovery Channel for what the Post says is $10-million and PaidContent says is about $15-million (including “earnouts,” which are payments based on future performance). Treehugger [...]

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