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Discovery’s Q1 international revenues up 7 per cent, global OTT subscribers hit 15m

Media group Discovery has reported a 7-per-cent increase in first-quarter revenues at its International Networks division, generating $987m (€816m) in the first three months of 2021.

Discovery, which owns pan-European sports broadcaster Eurosport and recently launched its global discovery+ OTT streaming service, posted a 16-per-cent like-for-like uplift in advertising revenues at its international unit, reaching $435m.

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