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Television | TV Channels |
Discovery incurs $8 mn loss in Q1 2018 with Scripps acquisition |
Discovery's earnings release for Q1 2018, for the quarter ended 31 March 2018, shows that the company suffered a slight loss of $8 million due to the costs linked with the acquisition of Scripps Networks Interactive (Scripps). Q1 revenue of $2307 million was 43 per cent higher year-on-year (yoy) from $1610 million.
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Television | Production House |
Keshet partners Shemaroo's inflight content distribution subsidiary |
Leading global content producer and distributor Keshet International Studio (Keshet) has partnered Shemaroo Entertainment Ltd's (Shemaroo) subsidiary Contentino Media for content distribution. Keshet, globally known for producing drama, comedy and entertainment content, will now give exclusive distribution rights to Contentino to sell shows to airlines across Middle-East and Asia.
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