Discovery Communications, the owner of Discovery Channel, is moving its global headquarters from Silver Spring, Md. to New York City, CEO David Zaslav announced in an internal memo today. WTOP first reported the announcement.
“We have made the decision to move our global headquarters to New York City. We have therefore made the difficult decision to reduce our footprint in Maryland over time, with the ultimate closure and sale of our One Discovery Place headquarters building in Silver Spring expected in 2019,” Zaslav wrote in the email.
The specific location for the New York City headquarters is still under planning, but the move is expected to be completed in the second half of 2019.
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