Discovery Joins the Streaming-Service Fray With Discovery+

Media company Discovery (DISCA) – Get Report on Jan. 4 is launching a streaming service, Discovery+, including a distribution deal with Verizon  (VZ) – Get Report that will make the service immediately available to 50 million customers.

The Silver Spring, Md., company’s service will feature 55,000 episodes from channels in the company’s portfolio, including HGTV, Food Network and Animal Planet. 

“We have been working methodically the past two years to bring all of our strategic advantages to the launch of Discovery+, including distribution and advertising partnerships around the world, a world-class offering of quality brands, authentic personalities and the largest content library at launch, as well as a broad slate of exclusive programming,” Chief Executive David Zaslav said in a statement. 

The service will be free for up to 12 months for new and existing Verizon customers, depending on their plans. 

Those who aren’t eligible for the free trial can subscribe for $4.99 a month with ads or $6.99 per month without ads. 

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