Unscripted shows from TV channels like Food Network, TLC and HGTV helped Discovery beat Wall Street’s profit expectations despite a slight revenue dip fueled by the coronavirus. The broadcasting giant said its portfolio of TV brands lost 6 percent of its total subscribers from the first quarter of 2019. Among its biggest channels, including Discovery, …
Magnolia Network, Discovery’s joint venture with “Fixer Upper” stars Chip and Joanna Gaines, has delayed its launch, originally slated for Oct.4, due to production shutdowns caused by the coronavirus pandemic. The network, which will take over Discovery’s DIY Network after a rebrand, also has unveiled its inaugural slate of original series. It includes eight new …