Discovery & Germany’s ProSiebenSat.1 Bring Together Digital Platforms To Take On Netflix & Amazon

Read on: Deadline

Discovery and German broadcaster ProSiebenSat.1 are to bring together their OTT services in a landmark deal that will see them take on digital giants such as Netflix and Amazon. The two companies are merging 7TV, which is a joint venture between Discovery and ProSiebenSat.1, with the latter's Maxdome and Discovery's Eurosport Player. The move will create a broad digital service that offers a range of options from advertising-led catch-up services to SVOD premium pay tiers…