Confirming a move it says strengthens its position as the world’s leading pay-TV programmer by expanding into sports programming, Discovery Communications has announced the completion of its acquisition of a controlling interest in Eurosport International, Europe’s leading sports entertainment group. Discovery increased its interest in Eurosport to 51 per cent from 20 per cent as part of a larger strategic partnership with TF1 Group that began in December 2012.
Users can transfer Bitcoins to each other online and store the currency in digital “wallets”. However, the virtual currency has faced challenges. Its value against traditional currencies has fluctuated wildly, and it is not backed by a central bank.