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Discovery may launch its own streaming service, too

Following Discovery Communications $14.6 billion acquisition of Scripps Networks Interactive in March, the company is now toying with the idea of launching its own direct-to-consumer service. According to remarks made by Discovery CEO David Zaslav at an industry event, AdWeek reports [paywalled], the company is considering a service with all of …

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MoviePass borrowed $5M to end yesterday’s outage

More bad news for subscription movie ticket service MoviePass, which acknowledged yesterday that there was an unidentified issue preventing people from using their MoviePass credit cards to get tickets. A regulatory filing from parent company Helios & Matheson offers more insight about what happened. The filing (first spotted by Business …

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