CEO Likes Discovery+ ‘Cadence,’ Despite ‘Slower Summer’

Discovery+ has “strong traction,” with 130% year-over-year revenue growth and 17 million paid direct-to-consumer subscribers globally at the end of Q2, said Discovery CEO David Zaslav on an earnings call Tuesday. “We are really pleased with the cadence and monetization” of discovery+, “notwithstanding the seasonally slower summer period, only exacerbated by the post-COVID reopening,” he said. The company had 13 million discovery+ subscribers in Q1.