Discovery to move global headquarters to NY

Discovery, which announced it was buying Scripps Networks Interactive in July 2017, is closing its Silver Spring, Maryland operation, moving its national headquarters to Knoxville and relocating global operations to New York City.

New York Gov. Andrew Cuomo said Discovery's decision to move its headquarters to the state is proof that New York has positioned itself "at the forefront of the 21st century economy".

The company told employees they have "not yet embarked on all the planning to determine which functions will be moved to which location".

The company says the sale and closure of its Silver Spring building is expected approximately one year from closing the Scripps transaction.

Discovery Communications made a big announcement - saying it will be moving its National Operations Headquarters to Knoxville once it finalizes its $14.6 billion purchase of Scripps Networks.

"Certainly these are challenging times in the communications industry and the recent Scripps merger involving Discovery undoubtedly had a significant impact", says Leggett in a statement.

"The offer was probably the largest in the county's history", he said. That's where the Scripps campus is now.

Discovery Communications employs 1,300 people full-time in Maryland, Bethesda Magazine reported previous year.

Discovery Communications was founded in Landover, Maryland in 1985. Discovery hasn't responded to an information request by Observer.

"The media industry is rapidly evolving, increasingly global, more consumer focused and more multi-platform and Discovery must evolve with it".

Discovery's downtown Silver Spring office and its employees have become a prominent part of the area.

"The decision to move our global headquarters from its founding home is one we do not make lightly", said Discovery CEO David Zaslav.

Discovery will maintain two locations in the Greater Washington, D.C. area: its government relations unit in Maryland and a technology facility in northern Virginia.

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