It was co-founded by Polish businessmen Mariusz Walter, Jan Wejchert and Swiss entrepreneur Bruno Valsangiacomo.

[6][7] Liberty Global, which operated pay television provider UPC Polska, is a major shareholder in Discovery.

A few months later Grupa TVN acquired Telewizja Wisła [pl], which had a license to broadcast in southern Poland.

TVN is a supporter of the Hybrid Broadcast Broadband TV (HbbTV) initiative that is promoting and establishing an open European standard for hybrid set-top boxes for the reception of broadcast TV and broadband multimedia applications with a single user interface, and conducted the first tests of HbbTV services in Poland in March 2012.

[11] On 16 March 2015, TVN announced a sale of a 52.7% controlling stake to the U.S. broadcaster Scripps Networks Interactive (SNI) for €584 million, subject to regulatory approval.

Historian and columnist Timothy Garton Ash, writing for The Guardian, praised Fakty TVN's critical coverage of government issues when harshly criticising Telewizja Polska's Wiadomości (News).

[18][23] On 11 August 2021, the bill was passed via the Sejm on a vote of 228 to 216, with 10 abstentions, as a result, TVN's licence could expire on September 26.

[24][25][26] On 30 August 2021, the Chairman of the National Council of Radio Broadcasting and Television sent to the TV operators a decision to move the licence of sister channel TVN24 into the Discovery Communications Benelux B.V. license, based in the Netherlands.

The decision ensures the continuity of broadcasting the TVN24 program after 26 September 2021, regardless of the results of the ongoing conflict with Law and Justice government.