Discovery Acquires German Free-To-Air Channel Tele5 From Leonine

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Discovery has acquired the German free-to-air entertainment channel Tele5 from Leonine for an undisclosed fee.

The deal also includes a “long-term” content agreement, which gives Discovery Germany access to Leonine’s library of fictional content. Regulatory approval will be required for the deal to be finalized.

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Susanne Aigner, MD of Discovery Germany, said: “This enables us to tap new target audience groups and expand our marketing potential with the reach of Tele 5. In addition, the content agreement concluded guarantees long-term access to the fiction library of Leonine. This expansion of our portfolio represents an important step.”

Dr Markus Frerker, COO of Leonine, added: “We are happy that Tele5, a successful fictional general entertainment channel, is joining Discovery Germany.”

Discovery Germany’s current free-to-air portfolio includes DMAX, TLC, Eurosport and HGTV.

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