Discovery Is in a Different Game Than Streaming Media Players, CFO Wiedenfels Says

The transcript discusses the competitive landscape of the streaming industry, highlighting Discovery's unique approach of targeting niche audiences with cost-effective content. It covers Discovery's carriage deals, particularly with YouTube, and addresses potential challenges in Europe. The transcript also emphasizes Eurosport's strong position due to the upcoming Olympics and outlines Discovery's digital investments and partnerships in Europe, including efforts to create a European version of Hulu.

What is Discovery's strategy in the streaming industry compared to its competitors?

• Acquiring major film studios

• Focusing on niche audiences with less expensive content

• Partnering with traditional TV networks

• Spending heavily on scripted shows

Which major event is expected to benefit Eurosport next year?

• The UEFA Champions League

• The Summer Olympics

• The Winter Olympics

• The FIFA World Cup

What was a significant achievement for Discovery in Europe during Q3?

• Launching a new streaming service

• Achieving the strongest quarter in company history

• Acquiring a major competitor

• Expanding into the Asian market

What is Discovery's digital strategy in Europe?

• Creating a European version of Hulu

• Building a European version of Netflix

• Focusing solely on sports content

• Developing a new social media platform

How many active users did Discovery's joint platform in Germany recently reach?

• 1 million

• 3 million

• 5 million

• 10 million