As we finalized the buyout, our plans to launch Discovery Europe were publicly announced and our rapid global expansion began. The five of us remaining on the Discovery board committed to keeping the company private as long as possible. That way we could invest all of Discovery’s revenues, in excess of expenses, back into growing the company domestically, internationally, and with new, original content. Discovery emerged from the board crisis a company transformed. What appeared at the time to be a financial dispute proved to be a debate about the soul of the company. In the end, we had chosen
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