Funny enough that's exactly what I am going to try in the next week or two. I had my 4-inch green severum with a 2-inch discus for 2-3 weeks where the only aggression was on the first introduction, putting him in his place in the pecking order, after that he completely ignored him.
Before anyone starts flaming me, it was only temporary and a last resort I advise no one to do this. This doesn't mean you cant keep discus with severum.
The first issue is aggression
Although both fish are pretty docile, depending on the nature of your severum. the discus would have to be a size where they can fend for themselves, 4 inches each MINUMUM with a 4-inch severum. They would also have to vastly outnumber the severum. For example 5 discus to 1 severum.
The next problem would be bioload in a 75-gallon tank.
if you are diligent with WC let's say changing 33-50% 2-3 times a week and have adequate heat. Also, I would say that there is enough space in a 4ft tank for both species to avoid/ignore each other. Discus like to shoal and will usually stick together. Maybe having the severum in the tank will increase shoaling behavior from the discus.
The would-be diet and temperature may be difficult to compensate for
While they are both South American cichlids they have slightly different requirements. Normal Discus temperatures are usually on the high end of the spectrum for severums. And discus have mainly high protein high meat diets while severums are primarily herbivores, however, a mixed diet can solve this. Also, the sevs are much more aggressive eaters than discus but with enough feedings and separate feedings, it can be done.
If you were to do discus and severum you could only keep 1 severum max along with 5-6 discus minimum and maximum with no other tankmates at all. I've never heard about the red severums being more peaceful than others but Deadeyeprobably knows more. It is possible but you have to be very cautious and be religious with maintenance and care.
That being said, you also have to make sure you know how to care for discus and have some fish keeping experience. The severums and planted tank idea are not necessarily always true because they will not eat all plants IME. If you think you can manage with all of this then go ahead, discus are not as weak as people make them out to be.