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Discovery Inc (DISCB.OQ)

DISCB.OQ on NASDAQ Stock Exchange Global Select Market

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15 Oct 2018
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Latest Key Developments (Source: Significant Developments)

Discovery CEO David Zaslav Says Confirms Partnership With Sling TV - CNBC
Wednesday, 12 Sep 2018 

Sept 12 (Reuters) - :DISCOVERY CEO DAVID ZASLAV SAYS CONFIRMS PARTNERSHIP WITH SLING TV - CNBC.DISCOVERY CEO DAVID ZASLAV SAYS ON FREE CASH FLOW GROWTH THAT THE CASH CAN HELP CO IN M&A AND STOCK BUYBACK - CNBC.  Full Article

Discovery Reports Q2 Earnings Per Share $0.30
Tuesday, 7 Aug 2018 

Aug 7 (Reuters) - Discovery Inc ::DISCOVERY, INC. REPORTS SECOND QUARTER 2018 RESULTS.Q2 EARNINGS PER SHARE $0.30.Q2 EARNINGS PER SHARE VIEW $0.86 -- THOMSON REUTERS I/B/E/S.Q2 REVENUE $2.845 BILLION VERSUS I/B/E/S VIEW $2.85 BILLION.ADJUSTED EPS, EXCLUDING IMPACT OF AMORTIZATION OF ACQUISITION-RELATED INTANGIBLE ASSETS, NET OF TAX WAS $0.66 IN QUARTER.QTRLY ADJUSTED EPS EXCLUDING RESTRUCTURING, OTHER CHARGES, 2018 GAIN ON DISPOSITION VERSUS LAST YEAR'S SMALL LOSS ON DISPOSITION WAS $0.77.  Full Article

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

NENT takes on Netflix in battle for Nordic streaming market as it readies for listing

STOCKHOLM, Oct 4 Nordic Entertainment Group (NENT) hopes to lure investors with robust growth in streaming when it is spun off from Sweden's MTG next year, betting that its Scandi dramas will help it narrow the gap with market leader Netflix.