As part of its Q4 2020 financial results presentation, Discovery reported that Discovery+, its new OTT, recently launched in the US and Europe, already features more than 11 million subscribers. The platform was officially launched on January 4th, and it plans to start its global expansion throughout this year, which will include Latin American countries. In addition, by the end of February, Discovery plans to report 12 million subscribers to the new platform.
As reported during 2020, for its launch, Discovery + made a catalog of around a thousand hours of original content and classic titles from Discovery channels, including HGTV, Food Network, TLC, ID, OWN (Oprah Winfrey Network), Travel Channel, Animal Planet and others, as well as content from A&E, History Channel, Lifetime, and others. From Discovery they reported that they will offer a wide range of non-fiction and entertainment content based on real life, including documentaries and BBC productions. In Europe, Discovery+ will offer access to Eurosport, its sports channel that features tennis, motorcycling, football and other sports competitions. In addition, the new platform will be the official European screen for the Tokyo Olympic Games.
In the US, the D2C OTT supports two monthly subscription models: one with ads, for USD 4.99; and another without advertising, for USD 6.99. As reported from Discovery, in addition to the US, where the SVOD OTT official launch took place together with several distribution agreements, which make the platform available on various platforms and devices, Discovery+ is also available for Vodafone TV and telephony customers in the United Kingdom, Germany, Turkey, Spain, Italy, Romania, Portugal, Greece, Czech Republic, Hungary, Ireland and Iceland . Likewise, Discovery announced that the platform will be launched as a standalone product throughout 2021 in more than 25 countries, including the Nordic countries, Italy, Spain, the Netherlands, and countries in Asia and Latin America, including Brazil.