News of Note—Tencent, Discovery, Frankly and Raycom Media

News of note
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Here are the stories we're following this morning:

> China-based SVOD Tencent Video announced its paid subscriptions reached 62.59 million as of the end of February 2018. Release

> Discovery, Inc. announced that the aggregate principal amounts of each series of notes previously issued by Scripps Networks have been validly tendered. Release

> Frankly has drawn down $1 million of the additional $1.5 million of credit available under its credit agreement with Raycom Media. Release

> MHz Networks will end its broadcast and cable distribution of their international news channels in the Washington, D.C., market on March 31, 2018. Release