Warner Bros. Discovery

Warner Bros. Discovery, Inc. is an American multinational mass media and entertainment conglomerate headquartered in New York City. It was established on April 8, 2022, through the merger of WarnerMedia and Discovery, Inc. The company operates across three primary segments: studios, networks, and direct-to-consumer services. Its studios division, which includes Warner Bros. Pictures, focuses on producing, distributing, and licensing films and television shows. The networks segment encompasses popular cable channels like CNN, TNT, TBS, and HGTV, while the direct-to-consumer segment includes streaming platforms such as Max and Discovery+. Warner Bros. Discovery delivers a vast array of content, producing over 8,000 hours of original programming annually, and serves diverse audiences with content that informs and entertains. The company continues to hold a significant position in the media landscape, leveraging its extensive brand portfolio to engage viewers around the globe.

Kasia Kieli

EVP, Managing Director Discovery Networks CEEMEA

David Zaslav

President and CEO

Past deals in Video Streaming

OSN+

Corporate Round in 2025
OSN+ is a major video streaming platform for premium content. OSN+ is a production company that has more great series plus more of the best of Hollywood.

Zedo

Acquisition in 2021
ZEDO, Inc. is a digital advertising company that specializes in providing a comprehensive platform for publishers. Established in 1999 and headquartered in San Francisco, ZEDO offers a range of ad serving tools, including video and mobile ad capabilities, as well as high impact formats through its ZINC suite, which features video and native ads on premium sites. The company is recognized for its technical innovation and ability to deliver 99% viewable impressions, optimizing advertising network performance and media formatting. ZEDO serves a global market with additional offices in New York, Los Angeles, Seattle, and Phoenix, and maintains development centers in the Russian Federation and India. Its strategic partnerships enhance its offerings, positioning ZEDO as a leading independent player in the ad technology sector.

FloSports

Series C in 2019
FloSports is a media and events company that specializes in live streaming and original video programming for sports enthusiasts. It offers a direct-to-consumer streaming platform that provides both live and on-demand access to a wide range of competitions, catering to niche sports communities. With a focus on live event coverage, original content creation, and hosting its own events, FloSports aims to connect fans with the sports they are passionate about. The company holds exclusive broadcast rights to numerous premier events, ensuring that subscribers receive comprehensive coverage and insights into their favorite sports. Through its subscription service, FloSports delivers a unique platform that serves the diverse interests of sports fans across the United States and beyond.

Play Sports Group

Acquisition in 2019
Play Sports Group is a prominent digital sports media company that specializes in cycling and tri-sports, headquartered in Bath, England. With a strong focus on delivering engaging content, PSG operates several popular channels, including the Global Cycling Network, Global Mountain Bike Network, and Global Triathlon Network, as well as non-English language channels like GCN en EspaƱol and GCN Italia. The company boasts an impressive reach, with 45 million monthly video views and 3.1 million subscribers across its platforms, alongside 5.7 million social media followers. PSG's presenters, who are knowledgeable former professional athletes, connect authentically with fans, providing insights into the professional cycling world. Additionally, PSG encompasses SHIFT Active Media, an award-winning cycling media agency that collaborates with major brands in the cycling industry, offering advertising, partnership, and content generation opportunities to engage passionate cycling enthusiasts globally.

Joyn GmbH

Funding Round in 2018
Joyn GmbH is a European streaming platform headquartered in Munich, Germany, offering over 60 live TV channels, original productions, and a variety of premium shows and movies. The platform allows users to access content free of charge across multiple devices, including smart TVs, mobile devices, and the web. Joyn provides features such as live streaming and a media library, enabling users to enjoy cross-channel entertainment. The platform continually enhances its offerings by adding new features and content, including partnerships with Eurosport and access to Hollywood movies. Joyn GmbH operates as a 50/50 joint venture between ProSiebenSat.1 Digital GmbH and Discovery Communications Europe Ltd.

Philo

Series C in 2018
Philo is a streaming service that focuses on providing an entertainment-centric experience, offering a wide range of channels, networks, and shows for general media consumption. Inspired by Philo T. Farnsworth, the inventor of electronic television, the company began by targeting the college market and has since evolved into a comprehensive platform for next-generation TV viewing. Headquartered in San Francisco, with additional offices in New York and Cambridge, Massachusetts, Philo allows users to access live streaming of cable channels and major broadcasts. Its features include the ability to pause live channels, enabling viewers to enjoy prime-time television, live news, sports, and entertainment on various devices, including smartphones and computers.

Oprah Winfrey Network

Acquisition in 2017
Oprah Winfrey Network (OWN) is a television and digital media company based in West Hollywood, California. Established through a collaboration between Harpo Productions and Discovery Communications, OWN is uniquely named after Oprah Winfrey, whose vision and creativity shape its programming. The network offers a diverse array of content, including entertainment, news, dramas, comedies, and reality shows, catering to a broad audience. Winfrey's influence not only attracts high-profile talent but also fosters a community of engaged viewers who connect through various platforms, including social media. As a subsidiary of Discovery, Inc., OWN stands out as a distinctive cable destination known for its compelling storytelling and emotional resonance.

FloSports

Series B in 2016
FloSports is a media and events company that specializes in live streaming and original video programming for sports enthusiasts. It offers a direct-to-consumer streaming platform that provides both live and on-demand access to a wide range of competitions, catering to niche sports communities. With a focus on live event coverage, original content creation, and hosting its own events, FloSports aims to connect fans with the sports they are passionate about. The company holds exclusive broadcast rights to numerous premier events, ensuring that subscribers receive comprehensive coverage and insights into their favorite sports. Through its subscription service, FloSports delivers a unique platform that serves the diverse interests of sports fans across the United States and beyond.

AIMS Multimedia

Acquisition in 2004
AIMS Multimedia is a producer and distributor of educational multimedia programs for the education community, including DigitalCurriculum--a complete curriculum-on-demand teaching and learning system that incorporates full length videos, key concept video clips, and other supplemental educational materials.
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