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Cable becomes focus of the new Discovery


June 04, 2008 To do this, DHC will combine its interest in Discovery Communications with an interest held by Advance/Newhouse Programming Partnership so that the new Discovery Communications will own 100% of the Discovery Channel and Animal Planet. The company -- which executives call the top nonfiction media company in the world, with 1.5 billion subscribers -- also will control the Science Channel, Discovery Health, HD Theater and TLC. Ascent Media Group, an asset of DHC that provides postproduction services, will be spun off to DHC shareholders.

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