Wednesday, 19 December, 2018

Discovery announces it's moving its national headquarters to Knoxville

Reports: Discovery Is Leaving Silver Spring Discovery Communications headquarters to leave Maryland
Ellis Copeland | 11 January, 2018, 12:16

Employees were notified in an email Monday.

The New York move is contingent upon the closing of the company's $14.6B acquisition of Scripps Networks Interactive, which still hasn't gotten regulators' OK.

Discovery Communications said Tuesday that it will move its headquarters from Silver Spring, MD, to New York City, a move expected to take place in 2019.

The company that primarily operates the factual television networks including Discovery Channel will leave its headquarters in Silver Spring, Maryland, where it employs roughly 1,300 people. He said he has been told creative talent will be moving to offices in New York City, while business positions will be moving to Knoxville.

Isiah Leggett, county executive of Montgomery County, where Silver Spring resides, told Observer that the county had made a "substantial" offer to Discovery in a attempt to keep it from moving operations to Knoxville. Planning for the space and location in NY is underway with an anticipated move to a new building by the second half of 2019. It moved its headquarters to Bethesda in 1991 and then to its current home in Silver Springs twelve years later.

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Zaslav said an announcement on timing would be available after the Scripps deal closes and the integration begins. "Featuring a compelling environment and infrastructure, Knoxville is a self-contained campus with many amenities and benefits for a National Operations Headquarters, including low cost of living, built-in facilities, and operational capabilities".

Discovery's TV channels include Animal Planet, TLC, Investigation Discovery and OWN.

"We also plan to maintain a small Network Hub in Maryland to house select networks and roles that support them", the letter says.

Discovery said it collaborated with state and local government authorities in both Tennessee throughout the decision-making process.

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