The combined network could stream channels like HGTV and TLC on the cheap, but consolidation always comes at a cost.

That would be a big win for cord cutters. Beyond its own eponymous channel, Discovery’s roster includes TLC, Animal Planet, and Investigation Discovery. Scripps channels include HGTV, Food Network, Travel Channel, and DIY Network. Combined, the two networks operate five of the top 20 cable networks in the U.S., and they make up nearly 20 percent of ad-supported pay TV viewership.

Source: Discovery to buy Scripps: The good and bad for cord cutters | TechHive