Less than a month after buying a stake in Lionsgate, Discovery has entered a long-term deal with the studio to distribute Discovery's programming across packaged media platforms in the U.S.
The deal covers the DVD and Blu-ray distribution of Discovery's portfolio of series and specials across its networks, which include Discovery Channel, TLC,
The agreement kicks off with the DVD and Blu-Ray release in February of "Racing Extinction," the film that chronicles how humanity has altered the planet and had its debut Wednesday on Discovery Channel.
The pact demonstrates billionaire executive
Malone holds a significant stake in both Discovery and Liberty Global, each of which last month acquired a 3.4% stake in Lionsgate.
"We're thrilled to expand our relationship with Discovery, home of some of the most exciting brands on television, and delighted to bring their diverse and growing portfolio of programming to our home entertainment consumers," said Lionsgate Home Entertainment President Ron Schwartz in a statement.
Lionsgate and Discovery said Thursday that the distribution deal "extends the strategic relationship" from last month's deal, which also saw Discovery Chief Executive David Zaslav and Liberty Global President and CEO Mike Fries join Lionsgate's board.
Lionsgate's home entertainment business additionally distributes content from other third-party suppliers that include Studiocanal, Miramax, A24 and Roadside Attractions.