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Discovery Inc (DISCB.OQ)

DISCB.OQ on NASDAQ Stock Exchange Global Select Market

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18 Apr 2019
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Latest Key Developments (Source: Significant Developments)

Spectrum To Offer New, Innovative Video Service 'Spectrum TV Essentials' To Spectrum Internet Customers
Wednesday, 20 Feb 2019 

Feb 20 (Reuters) - Charter Communications Inc ::SPECTRUM TO OFFER NEW, INNOVATIVE VIDEO SERVICE 'SPECTRUM TV ESSENTIALS' TO SPECTRUM INTERNET CUSTOMERS.CHARTER COMMUNICATIONS INC - SPECTRUM TV ESSENTIALS LAUNCHING BY END OF MARCH.CHARTER COMMUNICATIONS INC - SPECTRUM TO OFFER VIDEO SERVICE 'SPECTRUM TV ESSENTIALS' TO SPECTRUM INTERNET CUSTOMERS PRICED AT $14.99.CHARTER COMMUNICATIONS INC - IN COMING MONTHS, CHARTER PLANS TO INTRODUCE A CLOUD DVR SERVICE ON SPECTRUM TV APP.CHARTER COMMUNICATIONS INC - STARTING IN MAY 2019, SPECTRUM ORIGINALS WILL BECOME AVAILABLE TO ALL SPECTRUM TV ESSENTIAL SUBSCRIBERS.CHARTER COMMUNICATIONS - SEPARATE AGREEMENTS WITH PROGRAMMING PARTNERS INCLUDING VIACOM, DISCOVERY, A&E, AMC, HALLMARK FOR SPECTRUM TV ESSENTIALS.  Full Article

Discovery Takes Majority Stake In Play Sports Group
Tuesday, 8 Jan 2019 

Jan 8 (Reuters) - Discovery Inc ::DISCOVERY TAKES MAJORITY STAKE IN PLAY SPORTS GROUP TO FORM GLOBAL CYCLING PLATFORM.DISCOVERY INC - ANNOUNCED PURCHASE OF A 71% CONTROLLING STAKE IN PLAY SPORTS GROUP.DISCOVERY INC - ADDITIONAL INVESTMENT INCREASES DISCOVERY'S OWNERSHIP OF PLAY SPORTS GROUP, WHICH WILL BECOME A SUBSIDIARY OF DISCOVERY..DISCOVERY INC - SIMON WEAR, AND HIS TEAM OF 140 WILL JOIN DISCOVERY.  Full Article

Kraft Heinz Launches Food Network Kitchen Inspirations with Food Network Announce
Tuesday, 24 Apr 2018 

April 24 (Reuters) - Discovery Inc ::KRAFT HEINZ - CO, FOOD NETWORK ANNOUNCE LAUNCH OF FOOD NETWORK KITCHEN INSPIRATIONS, A NEW LINE OF SALAD DRESSINGS, COOKING SAUCES AND MEAL KITS.  Full Article

Discovery Communications Announces Exchange Offer And Consent Solicitation For Scripps Notes
Monday, 5 Mar 2018 

March 5 (Reuters) - Discovery Communications Inc ::DISCOVERY COMMUNICATIONS ANNOUNCES EXCHANGE OFFER AND CONSENT SOLICITATION FOR SCRIPPS NOTES.DISCOVERY COMMUNICATIONS INC - EXCHANGE OFFERS WILL EXPIRE IMMEDIATELY FOLLOWING 11:59 P.M., NEW YORK CITY TIME, ON MARCH 30, 2018, UNLESS EXTENDED.  Full Article

Discovery Communications Receives U.S. Department Of Justice Clearance To Acquire Scripps Networks Interactive
Tuesday, 27 Feb 2018 

Feb 27 (Reuters) - Discovery Communications Inc ::DISCOVERY COMMUNICATIONS RECEIVES U.S. DEPARTMENT OF JUSTICE CLEARANCE TO ACQUIRE SCRIPPS NETWORKS INTERACTIVE.DISCOVERY COMMUNICATIONS INC - TRANSACTION IS EXPECTED TO CLOSE BY END OF Q1 2018.DISCOVERY COMMUNICATIONS - DEAL CLOSE REMAINS SUBJECT TO COMPLETION OF REVIEW IN IRELAND, SOME OTHER CONDITIONS.  Full Article

Discovery Communications Posts Q4 Loss Of $1.99 Per Share
Tuesday, 27 Feb 2018 

Feb 27 (Reuters) - Discovery Communications Inc ::DISCOVERY COMMUNICATIONS REPORTS FULL YEAR AND FOURTH QUARTER 2017 RESULTS.Q4 REVENUE ROSE 11 PERCENT TO $1.864 BILLION.Q4 LOSS PER SHARE $1.99.QTRLY ADJUSTED EPS $0.47‍​.DISCOVERY COMMUNICATIONS - FOLLOWING PENDING ACQUISITION OF SCRIPPS, CO SUSPENDED SHARE REPURCHASE PROGRAM, DID NOT MAKE PURCHASES OF SHARES IN Q4.EXPECT SCRIPPS NETWORKS DEAL TO CLOSE BY END OF Q1 OF 2018.DISCOVERY COMMUNICATIONS - PLANNED SALE OF CONTROLLING EQUITY STAKE IN ITS EDUCATION BUSINESS IN 1H 2018 TO FRANCISCO PARTNERS FOR CASH OF $120 MILLION.Q4 EARNINGS PER SHARE VIEW $0.41, REVENUE VIEW $1.79 BILLION -- THOMSON REUTERS I/B/E/S.DISCOVERY COMMUNICATIONS - CO WILL RETAIN EQUITY INTEREST AND LICENSE DISCOVERY EDUCATION BRAND TO FRANCISCO PARTNERS.DISCOVERY COMMUNICATIONS-INCURRED NON-CASH $1.32 BILLION AFTER-TAX GOODWILL IMPAIRMENT CHARGE,$201 MILLION AFTER-TAX SCRIPPS NETWORKS DEAL-RELATED COSTS IN 2017‍​.  Full Article

Scripps Networks Interactive Reports Q4 Earnings Per Share $0.50
Monday, 26 Feb 2018 

Feb 26 (Reuters) - Scripps Networks Interactive Inc ::SCRIPPS NETWORKS INTERACTIVE REPORTS FULL YEAR AND FOURTH QUARTER 2017 OPERATING RESULTS.Q4 EARNINGS PER SHARE $0.50.Q4 REVENUE ROSE 7.6 PERCENT TO $956.1 MILLION.SCRIPPS NETWORKS INTERACTIVE - DUE TO PENDING MERGER WITH DISCOVERY COMMUNICATIONS, SCRIPPS NETWORKS INTERACTIVE WILL NOT ISSUE FULL YEAR 2018 GUIDANCE.QTRLY ADJUSTED EARNINGS PER SHARE $1.38.Q4 EARNINGS PER SHARE VIEW $1.18, REVENUE VIEW $916.0 MILLION -- THOMSON REUTERS I/B/E/S.  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