3 Advantages for Discovery Communications in Streaming Video
Discovery Communications (NASDAQ: DISCA) is planning a big push into streaming video in 2020. The media company's cable networks are a staple of the big bundle, but management expects its direct-to-consumer and other streaming efforts to generate over $1 billion in revenue this year, accounting for nearly 10% of its total.
In a market that's becoming increasingly crowded, Discovery has several advantages that will help it on its way to developing a profitable direct-to-consumer streaming business. Here are three of its biggest.
Image source: Discovery Communications.
Source Fool.com
