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Discovery Communications buying into Asian rugby

Apr. 27, 2016 12:57 PM ETWarner Bros. Discovery, Inc. (WBD) StockWBDBy: Jason Aycock, SA News Editor
  • Discovery Communications (NASDAQ:DISCA) is investing in an Asian rugby video service, the latest in a series of international growth investments by the increasingly global program provider.
  • The company is taking a minority stake in RugbyPass, a direct-to-consumer service covering 23 markets in Asia that was launched in February. It will make some of its content from Setanta Sports Asia available to RugbyPass viewers.
  • Discovery has been increasing investment around its EuroSport purchase, and is working to put the Olympics on more European screens than ever with rights purchases there.
  • Now read Discovery Communications Is A Unique Content Provider Being Valued Like All The Others »

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