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Discovery Inc (DISCB.OQ)

DISCB.OQ on NASDAQ Stock Exchange Global Select Market

28.30USD
14 Jun 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 ​
Wednesday, 7 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​
Wednesday, 10 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)
Tuesday, 5 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

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M&A gates open with judge's blessing on AT&T-Time Warner merger

A federal judge on Tuesday gave a ringing endorsement to AT&T Inc's planned acquisition of Time Warner Inc without any conditions, opening the door for companies such as Comcast Corp and Verizon Communications Inc to pursue deals to buy creators of media content.