"The media industry is rapidly evolving, increasingly global, more consumer focused and more multi-platform and Discovery must evolve with it", said Discovery's President and CEO, David Zaslav.
Discovery Communications told employees in an email on Tuesday it would be moving from Silver Spring, Maryland - the Washington, D.C., suburb that has been the media conglomerate's headquarters since 2003 - by 2019.
It plans to leave its current headquarters in Silver Spring, Maryland in favour of New York City in 2019, subject to the completion of the company's acquisition of Scripps.
Zaslav added that although "Maryland is where the magic of Discovery first began" the company made the decision to move because executives believe it is the right choice "for the long-term success of our company".
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Having been stationed in the Maryland and DC vicinity over the last 30-plus years, in order to continue to draw from the production community that has evolved in the area in that timeframe, Discovery will continue to operate a "Maryland network hub" that will accommodate select network and support functions, as well as select other areas such as government relations.
"The offer was probably the largest in the county's history", he said.
The company said it is in the planning stages of finding space and a location in NY, where it said it would be close to business, investment and production partners. "Unfortunately, the Silver Spring headquarters is filled with administrative and business positions". Scripps Networks has offices on Sixth Avenue and runs several TV networks including Food Network and HGTV. "It's a lot of jobs". He wrote that Disocvery plans to create a "National Operations Headquarters at Scripps' current Knoxville, Tennessee campus and a Technology Hub at our Sterling facility in Northern Virginia". Discovery also recruits interns regularly from nearby schools like the University of Maryland and Johns Hopkins University.