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Discovery acquires digital production company
International factual channel operator Discovery Communications is close to acquiring digital production company Revision3.
Discovery is reportedly in talks to acquire the company for up to US$40 million (€30 million), which would make it Discovery’s largest digital acquisition since it acquired How Stuff Works for US$250 million in 2007. Revision3, which is run by CEO Jim Louderback, produces web series including Epic Meal Time, Film Riot and Unboxing Porn.