Discovery reaches deal with Sky, ending blackout threat

(Reuters) - Discovery Communication Inc's UK unit said on Tuesday it had reached a multi-year deal with Sky Plc to ensure its channels will still be broadcast on Sky's Platform. Discovery Networks UK had said last week that a price dispute was blocking a deal with Sky, raising the possibility of a blackout of Discovery's programming. "We have been in a business relationship with Sky for 20 years and we are glad that will continue," Discovery Networks UK said in a deal.