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Discovery Inc (DISCA.OQ)

DISCA.OQ on NASDAQ Stock Exchange Global Select Market

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13 Jul 2018
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Latest Key Developments (Source: Significant Developments)

Discovery To Broadcast PGA Tour On Its Portfolio Of Pay-Tv And Free-To-Air Channels
Monday, 4 Jun 2018 

June 4 (Reuters) - Discovery Inc ::DISCOVERY AND PGA TOUR TO CREATE FIRST-OF-ITS-KIND INTERNATIONAL GOLF SERVICE.DISCOVERY - 12-YEAR ALLIANCE WITH PGA TOUR IS TO BEGIN IN 2019, AND GO THROUGH 2030.DISCOVERY - CO EXPECTS TO INVEST MORE THAN $2 BILLION OVER COURSE OF PGA TOUR ALLIANCE.DISCOVERY - 12-YEAR ALLIANCE WITH PGA TOUR INCLUDES GLOBAL TELEVISION & MULTI-PLATFORM LIVE RIGHTS, OUTSIDE U.S., TO ALL PGA TOUR MEDIA PROPERTIES.DISCOVERY - AS PER ALLIANCE WITH PGA TOUR, TO DEVELOP NEW PGA TOUR-BRANDED OTT VIDEO STREAMING SERVICE.DISCOVERY - AS PER ALLIANCE WITH PGA TOUR, CO WILL BROADCAST PGA TOUR ON ITS PORTFOLIO OF PAY-TV AND FREE-TO-AIR CHANNELS.  Full Article

Discovery Communications Says Completes Acquisition Of Scripps Networks Interactive ​
Tuesday, 6 Mar 2018 

March 7 (Reuters) - Discovery Communications Inc ::DISCOVERY COMMUNICATIONS - COMPLETES ACQUISITION OF SCRIPPS NETWORKS INTERACTIVE; CHANGES COMPANY NAME TO DISCOVERY INC ​.  Full Article

Discovery Communications Says European Commission Clears Scripps Networks Interactive Acquisition
Tuesday, 6 Feb 2018 

Feb 6 (Reuters) - Discovery Communications Inc ::DISCOVERY COMMUNICATIONS RECEIVES EUROPEAN COMMISSION CLEARANCE TO ACQUIRE SCRIPPS NETWORKS INTERACTIVE.DISCOVERY COMMUNICATIONS INC - ‍DEAL IS EXPECTED TO CLOSE LATER IN Q1 2018​.  Full Article

Discovery Communications Announces Global Headquarters Move To New York‍​
Tuesday, 9 Jan 2018 

Jan 9 (Reuters) - Discovery Communications Inc ::DISCOVERY COMMUNICATIONS ANNOUNCES NEW REAL ESTATE STRATEGY AND GLOBAL HEADQUARTERS MOVE TO NEW YORK‍​.DISCOVERY COMMUNICATIONS-CONTINGENT TO SCRIPPS DEAL CLOSE, CO TO ESTABLISH NATIONAL OPERATIONS HQ AT SCRIPPS’ KNOXVILLE, TENNESSEE‍​ CAMPUS - SEC FILING.  Full Article

Discovery Communications Increases stake In Oprah Winfrey Network (OWN)
Monday, 4 Dec 2017 

Dec 4 (Reuters) - Discovery Communications Inc ::DISCOVERY COMMUNICATIONS INCREASES OWNERSHIP INTEREST IN OPRAH WINFREY NETWORK (OWN).DISCOVERY COMMUNICATIONS - COMPLETED AGREEMENT WITH OPRAH WINFREY’S HARPO INC TO INCREASE OWNERSHIP STAKE IN OPRAH WINFREY NETWORK JV.DISCOVERY COMMUNICATIONS - CO PAID $70 MILLION TO ACQUIRE ADDITIONAL 24.5 PERCENT STAKE IN OWN FROM HARPO, AFTER CONSIDERING NET DEBT AT THE OWN.DISCOVERY COMMUNICATIONS - DEAL INCREASES CO'S OWNERSHIP STAKE IN THE OWN TO OVER 70 PERCENT.DISCOVERY COMMUNICATIONS - WINFREY’S HARPO TO RETAIN SIGNIFICANT MINORITY INTEREST IN THE OWN AND WINFREY TO CONTINUE AS CEO.DISCOVERY COMMUNICATIONS - WINFREY’S EXCLUSIVITY COMMITMENT TO THE OWN HAS EXTENDED THROUGH 2025.  Full Article

DISCOVERY STOCKHOLDERS APPROVES SERIES C COMMON STOCK ISSUANCE TO SCRIPPS NETWORKS
Friday, 17 Nov 2017 

Nov 17 (Reuters) - Discovery Communications Inc ::DISCOVERY COMMUNICATIONS SAYS STOCKHOLDERS APPROVED SERIES C COMMON STOCK ISSUANCE TO SCRIPPS NETWORKS SHAREHOLDERS AS CONSIDERATION FOR MERGER.  Full Article

Discovery Communications Q3 earnings per share $0.38
Thursday, 2 Nov 2017 

Nov 2 (Reuters) - Discovery Communications Inc :Discovery Communications reports third quarter 2017 results.Q3 adjusted earnings per share $0.43 excluding items.Q3 revenue $1.651 billion versus I/B/E/S view $1.64 billion.Q3 earnings per share view $0.54 -- Thomson Reuters I/B/E/S.Q3 earnings per share $0.38.Discovery Communications Inc - ‍following announcement of pending acquisition of scripps networks interactive, co suspended share repurchase program​.  Full Article

Tivo and Discovery Communications sign multi-year product agreement
Wednesday, 1 Nov 2017 

Nov 1 (Reuters) - Discovery Communications Inc ::Tivo and Discovery Communications sign multi-year product agreement.Tivo Corp - ‍ Discovery Communications selected Tivo's audience works for marketing , an end-to-end inventory management and execution product suite​.Tivo-Partnership includes use of audience and analytics reports, which provides viewership information from co's targeted audience delivery platform​.  Full Article

Corus, Discovery announce venture to produce kids content
Tuesday, 17 Oct 2017 

Oct 17 (Reuters) - Corus Entertainment Inc ::co's ‍ Nelvana, Discovery Communications form venture to produce content for kids' market in Canada, Latin America, around world​‍​.  Full Article

Discovery Communications expects constant currency adj. EPS to "grow strongly" in low to midteen range in 2017
Tuesday, 14 Feb 2017 

Discovery Communications Inc : Discovery Communications Inc - expect U.S. affiliate revenue to grow at least mid single-digits in 2017 - Conf Call . Discovery Communications Inc - currently expect first quarter advertising growth to accelerate and be up low to mid single-digits . Discovery Communications Inc - expect constant currency adjusted EPS to "grow strongly" in the low to midteen range . Discovery Communications - reaffirms constant currency adjusted EPS and free cash flow CAGR for 2015 through 2018 to both grow "at least low teens or better" Further company coverage: [DISCA.O] ((Bangalore.newsroom@thomsonreuters.com;)).  Full Article