Silver Spring, Maryland and Paris, France – Discovery Communications announced on May 30 the completion of its acquisition of a controlling interest in Eurosport International. Discovery increased its interest in Eurosport to 51% from 20% as part of a larger strategic partnership with TF1 Group that began in December 2012. Discovery was one of the first U.S. media companies to launch channels in Europe in 1989 and has invested steadily and significantly in its international business … [Read more...] about Discovery Communications becomes majority stakeholder in Eurosport
Eurosport International
Discovery to become majority stakeholder in Eurosport
Silver Spring, Maryland, & Paris – Discovery Communications and French broadcaster TF1 Group have announced that Discovery will acquire a controlling interest in Eurosport International through an extension of their larger strategic partnership first announced in December 2012. The deal to increase Discovery's interest from 20 to 51 percent accelerates the original agreement by nearly one year. "Eurosport is one of the strongest, most dynamic sports platforms in the … [Read more...] about Discovery to become majority stakeholder in Eurosport