In this episode of EY Tax and Law In Focus, we explore how one moment of change led to the creation of a cutting-edge tax solution. When Discovery Communications, the multinational media group, acquired Scripps Networks in 2018, it saw the opportunity to build a new tax function – one nimble enough to navigate the fast-changing tax demands of licensing and distributing the group’s IP around the world. Here we revisit the creation of its dynamic managed services solution. Host Simon Hobbs is joined by Todd Davis, Discovery’s senior tax counsel, and Alan Luchs, EY’s global media and entertainment tax leader. EY refers to the global organization, and may refer to one or more of the member firms of Ernst & Young Global Limited, each of which is a separate legal entity. Ernst & Young Global Limited, a UK company limited by guarantee, does not provide services to clients. The views of third parties set out in this publication are not necessarily the views of the global EY organization or its member firms. Moreover, they should be seen in the context of the time they were made.