Discovery named Peter Faricy as its first ever CEO of Global Direct-to-Consumer

Discovery, Inc. has announced that Peter Faricy will join the company from September in the newly created role of CEO, Global Direct-to-Consumer, overseeing Discovery’s global digital and direct-to-consumer businesses, reporting to David Zaslav, president and CEO of Discovery.

This shows the importance of direct-to-consumer streaming services for the company.

“Peter is a world-class executive, with an extensive track record of building some of the world’s most successful direct-to-consumer products and businesses,” commented Zaslav. “We are excited to welcome Peter and his vision and skill set to the Discovery leadership team as we accelerate our pivot to become a next-generation media company engaging passionate communities of fans around the world on every screen with trusted, high quality brands and content.”

Faricy, who has more than twenty years of leadership experience at the intersection of technology and media, will lead Discovery’s current digital and direct-to-consumer businesses comprising U.S. Digital, including Discovery’s GO TV Everywhere products, as well as Motor Trend, Eurosport Player, Discovery Kids, Dplay, and Discovery’s strategic alliance with PGA TOUR to create the global home of golf.

“I’m incredibly excited to join Discovery at this important juncture and to help accelerate the company’s ongoing evolution as a technology-powered media company reaching viewers around the world,” said Faricy.

Faricy joins Discovery from Amazon, where he led the phenomenal growth of the Amazon Marketplace, and previously led Amazon’s successful music and movies categories.