Discovery Communications Partners With TEN Network For Auto Portfolio

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Discovery Communications announced today that it has agreed to form a new consolidated joint venture with TEN: The Enthusiast Network. Discovery will take a majority controlling interest in the venture that brings together Discovery's automotive Velocity channel and TEN's automotive digital, direct-to-consumer, social and live event portfolio. The TEN portfolio includes such brands as Motor Trend, Hot Rod, Roadkill, Automobile, and more than 20 others. The venture is…