Cable Networks Go All-In on Streaming as Linear Subscribers Flee

Discovery follows FX, AMC, Nickelodeon and many others in major platform expansion

On Wednesday, Discovery Inc. will hold an investors day to finally unveil plans for its global streaming service, which the company has been talking about publicly since last year.

Execs have privately been referring to the platform as Discovery+, though that name has not yet been confirmed. It is expected to prominently feature many of the company’s most popular brands and networks, including Discovery, TLC and HGTV.

The announcement caps a year in which many of the biggest cable networks, and their parent companies, have made bold moves to expand their brands into the streaming space as consumers continue cutting the cord in ever-increasing numbers.

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