Discovery is reportedly moving its channel licences for services in the EU out of the UK and into the Netherlands.
According to Variety, the broadcaster said it wants to ensure its licences are still valid post-Brexit.
“Given Brexit, Discovery is now applying for new broadcast licences in the Netherlands for its EU pay-TV channel portfolio,” the company said.
Discovery said it still remained committed to the UK, adding: “Discovery is retaining a large hub in the UK and has renewed on a long-term, the lease for its main London office in West London, which houses more than 1,000 people.
“The company is retaining its Ofcom licences for its 16 channels in the UK and holds significant investments in the market, including stakes in UKTV, All3 Media and PlaySports Group.”