According to reports, Sky has managed to close a last-minute agreement to keep 12 Discovery channels on its television service.
Following a disagreement over charges the US broadcaster behind channels such as Eurosport and TLC had threatened to take out its channels from Sky on 31 January.
Meanwhile Discovery said the new settlement would keep its programmes on Sky for “years to come”.
Satellite broadcaster Sky’s UK chief Stephen van Rooyen said the deal was established on the “right terms”. No financial details of the agreement have been disclosed by either company.
There are so many channels, who pay thousands of pounds to appear on Sky’s platform. However, Sky also pays some channel providers to include their content in subscription packages.
While publicizing the settlement, Mr Van Rooyen said: “The deal has been concluded on the right terms after Discovery accepted the proposal we gave them over a week ago.”
Furthermore Discovery’s spokesperson said the deal was “meaningfully better than our former agreement and their proposal”.
He said: “Our new arrangement enables us to control our destiny in more ways, with even more opportunities to invest and launch channels and consumer services.”
Moreover Discovery’s collection in the UK comprises Discovery Channel, Eurosport, TLC, Animal Planet and DMAX. Its channels are also accessible on other services such as Virgin Media.
Another agreement Sky revealed was with PBS America that will bring the US broadcaster’s factual programming to Sky, covering history, science, current affairs, arts and culture.