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Discovery Inc (DISCB.OQ)

DISCB.OQ on NASDAQ Stock Exchange Global Select Market

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Latest Key Developments (Source: Significant Developments)

Discovery Announces Debt Offering
Thursday, 16 May 2019 

May 16 (Reuters) - Discovery Inc ::DISCOVERY ANNOUNCES DEBT OFFERING.DISCOVERY INC - INTENDS TO USE NET PROCEEDS FROM OFFERING TO REDEEM ALL OF DCL'S OUTSTANDING 2.750% SENIOR NOTES DUE NOVEMBER 2019.DISCOVERY INC - INTENDS TO ALSO USE NET PROCEEDS FROM OFFERING TO REDEEM ALL OF DCL'S OUTSTANDING 5.050% SENIOR NOTES DUE JUNE 2020.  Full Article

Discovery Inc Reports First Quarter 2019 Results
Thursday, 2 May 2019 

May 2 (Reuters) - Discovery Inc ::DISCOVERY, INC. REPORTS FIRST QUARTER 2019 RESULTS.Q1 REVENUE ROSE 17 PERCENT TO $2.707 BILLION.Q1 EARNINGS PER SHARE $0.53.QTRLY ADJUSTED EARNINGS PER DILUTED SHARE $0.87.IMPROVEMENT IN NET INCOME WAS A RESULT OF HIGHER OPERATING RESULTS IN QUARTER.Q1 EARNINGS PER SHARE VIEW $0.79, REVENUE VIEW $2.72 BILLION -- REFINITIV IBES DATA.U.S. NETWORKS' REVENUES FOR THE FIRST QUARTER OF 2019 INCREASED 49% TO $1,752 MILLION ON A REPORTED BASIS.  Full Article

Discovery Inc Files For Potential Mixed Shelf Offering
Thursday, 2 May 2019 

May 1 (Reuters) - Discovery Inc ::DISCOVERY INC FILES FOR POTENTIAL MIXED SHELF OFFERING; SIZE NOT DISCLOSED - SEC FILING.  Full Article

Kingsmen Creatives Says Unit Entered Into Agreement With Discovery, Inc.
Wednesday, 24 Apr 2019 

April 24 (Reuters) - Kingsmen Creatives ::UNIT ENTERED INTO WORLDWIDE DEVELOPMENT AGREEMENT WITH DISCOVERY, INC. FOR DEVELOPMENT OF ANIMAL PLANET TRAVELLING EXPERIENCES.  Full Article

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
Tuesday, 6 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

Discovery splits UKTV with the BBC, plans paid online video service

Discovery Inc and the BBC have agreed to split up broadcaster UKTV and strike a new 10-year agreement that will lead to the creation of a new global subscription video-on-demand service, the two companies said on Monday.