
1 Discovery Pl, Silver Spring, MD Photo by PoPville flickr user Brandon Kopp
From a press release:
“Discovery Communications (Nasdaq: DISCA, DISCB, DISCK) announced today plans to relocate its global headquarters from Silver Spring, Maryland, to New York City in 2019. Contingent upon the closing of the company’s acquisition of Scripps Networks Interactive, Discovery also will establish a National Operations Headquarters at Scripps’ current campus in Knoxville, Tennessee.
“The media industry is rapidly evolving, increasingly global, more consumer focused and more multi-platform and Discovery must evolve with it,” said David Zaslav, Discovery’s President and CEO, in announcing the changes first to employees this morning. “The decision to move our global headquarters from its founding home is one we do not make lightly. We remain unwavering in our support of the Maryland and Greater Washington, DC area and we thank the leadership of the State of Maryland, Montgomery County and, most importantly, our employees for their cooperation and understanding as we make this important next step for the long-term success of Discovery.”
New York Global Headquarters (more…)