The London HQ office of British television broadcaster Channel 4. Which is the very meta explanation for why London-based Channel 4 - the broadcaster home to uniquely British TV properties like Gogglebox and The Great British Bake Off - could, somewhat improbably, soon end up in American hands. That expected timeframe for a deal, by the way, also lines up with the timing for when an even bigger Discovery deal is expected to close. Discovery operation launch an inexpensive ad-supported streaming product that undercuts the big boys in the video streaming game. This will also be the second quarter that Discovery’s new streaming service Discovery+ has been live in the US (it ended the first quarter with 13 million paying subscribers).

Source: Forbes August 03, 2021 07:45 UTC