Channels Like Animal Planet and TLC Finally Coming to Hulu

New outlet gives programmer a chance to stem subscriber losses
Deal includes licensing of older shows for on-demand viewing

Signage is displayed outside the Discovery Communications Inc. headquarters in Silver Spring, Maryland, U.S.Photographer: Andrew Harrer/Bloomberg

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By Gerry Smith

September 12, 2018 at 12:00 PM UTC

Updated on

September 12, 2018 at 3:01 PM UTC

This article is for subscribers only.

Discovery Inc. rallied the most in almost four years after winning a deal to provide Hulu’s live video service with programming, an online breakthrough for the owner of the Animal Planet and HGTV cable channels.

Shares of the media company rose as much as 8.6 percent to $30.95 in New York, their biggest intraday advance since February 2015. The stock was up 27 percent this year through Tuesday.