Discovery Communications

Warner Bros. Discovery, Inc. operates as a media and entertainment company. It creates and distributes a portfolio of content and brands across television, film, and streaming. Its brands and products include Discovery Channel, discovery+, CNN, CNN+, DC, Eurosport, HBO, HBO Max, HGTV, Food Network, Investigation Discovery, TLC, TNT, TBS, truTV, Travel Channel, MotorTrend, Animal Planet, Science Channel, Warner Bros. Pictures, New Line Cinema, Cartoon Network, Adult Swim, and Turner Classic Movies. The company is headquartered in New York, NY.

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Warner Bros. Discovery, Inc. is a premier global media and entertainment company, which engages in the provision of a differentiated portfolio of content, brands, and franchises across television, film, streaming, and gaming. It operates through the following segments: Studios, Networks, Direct-to-Consumer (DTC), and Corporate. The Studios segment includes producing and releasing feature films for initial exhibition in theaters, producing and initial licensing television programs to networks services as well as third parties, distributing films and television programs to various third party, internal television, and streaming services, distribution through the home entertainment market related consumer products, and themed experience licensing and interactive gaming. The Networks segment focuses on domestic and international television networks. The DTC segment is involved in premium pay-television and streaming services. The company was founded on June 17, 1985 and is headquartered in New York, NY.

Discovery

Discovery said it has formally notified the Polish government that it will take legal action under the bilateral investment treaty between the U.S. and the Republic of Poland after that nation's parliament passed a bill yesterday that would prohibit foreign ownership of media — including Discovery's broadcaster TVN. The David Zaslav-led company Thursday cited Poland's...

Discovery To Charge Poland With Violating Investment Treaty After Bill Bans Foreign Media Ownership

NEW YORK and WARSAW, Poland, Aug. 12, 2021 /PRNewswire/ -- Discovery, Inc. today announced that it has formally notified the Polish government that it will take legal action under the bilateral investment treaty between the United States of America and the Republic of Poland.  The notification follows Poland's discriminatory campaign against Discovery's TVN, including its refusal to renew TVN24's broadcasting license, and culminated in the vote yesterday in the lower house of the Polish Parliament to pass legislation that would ban upstream foreign media ownership in the country.

Discovery, Inc. to Charge the Government of Poland with Violations to the US-Poland Bilateral Investment Treaty

Jeff Zucker will stay at WarnerMedia at least until the AT&T media unit merges with Discovery, sources say.

CNN president Jeff Zucker will stay at WarnerMedia at least until Discovery deal closes

Discovery Inc said it set a new company record for subscriber sign-ups thanks to its bumper rights European rights deal for the Tokyo 2020 Olympics. The US network, which earlier this week was rumoured as a possible acquirer of the UK's Channel 4 if its privatised, has the broadcast rights sewn-up with the Olympics and it resold some coverage to the BBC.

Discovery sees Olympic boost with subscriber and ad revenue up in Q2

Discovery, Inc. (DISCA) CEO David Zaslav on Q2 2021 Results - Earnings Call Transcript

Discovery is cheap and offers high upside.

Discovery: The Undervalued Streaming Giant

Discovery, owner of channels like The Food Network, TLC and Animal Planet, beat Wall Street's second-quarter expectations, due in part to the rebound in advertising sales following last year's economic fallout from the pandemic.

Discovery posts stronger than expected profits as ad sales recover

Discovery's (DISCA) Q2 results reflect strength in advertising and distribution revenues, partially offset by higher selling, general and administrative (SG&A) expenses.

Discovery (DISCA) Q2 Earnings Top Estimates, Revenues Rise Y/Y

Discovery (DISCA) delivered earnings and revenue surprises of 53.70% and 3.06%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

Discovery Communications (DISCA) Surpasses Q2 Earnings and Revenue Estimates

Discovery Inc (NASDAQ: DISCA) reported second-quarter FY21 revenue growth of 21% year-on-year to $3.06 billion, beating the analyst consensus of $2.97 billion. It ended Q2 with 17 million Direct-to-Consumer Subscribers and generated nearly $400 million of Next Generation Revenues, up 130% Y/Y.

Discovery Beats On Q2 Earnings Backed By Strong Advertising Revenue, Key Market Recovery

Advertising rebounded strongly in the second quarter, enabling Discovery Communications to easily beat Wall Street's estimates. Total revenue climbed 21% over the prior-year quarter, reaching $3.06 billion, as earnings per share hit $1.01. Analysts had expected revenue of $2.97 billion and earnings of 85 cents. Ad revenue in the U.S. rose 12% and the company...

Discovery Tops Wall Street's Q2 Estimates On Advertising Rebound; Streaming Business Hits 17M Subscribers

Discovery Inc beat Wall Street expectations for second-quarter revenue on Tuesday, buoyed by higher paid streaming subscriber additions.

Discovery quarterly revenue beats estimates on higher paid subscriptions

NEW YORK, Aug. 3, 2021 /PRNewswire/ -- Discovery, Inc. ("Discovery" or the "Company") (NASDAQ: DISCA, DISCB, DISCK) today reported financial results for the quarter ended June 30, 2021. David Zaslav , President and Chief Executive Officer of Discovery said, "Discovery delivered very strong results this quarter as we executed well amidst a recovering global advertising market.

Discovery, Inc. Reports Second-Quarter 2021 Results

The broadcaster home to uniquely British TV properties like "Gogglebox" and "The Great British Bake Off" — could, somewhat improbably, soon end up in American hands.

The UK's Channel 4 Might Get Scooped Up By A US Broadcaster, Discovery Inc.

Discovery's (DISCA) Q2 results are expected to reflect benefits from a solid content portfolio and improving advertising revenues.

Discovery (DISCA) to Report Q2 Earnings: What's in Store?

Discovery (DISCA) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Analysts Estimate Discovery Communications (DISCA) to Report a Decline in Earnings: What to Look Out for

AT&T

AT&T CEO John Stankey said the company is working closely with regulators on the WarnerMedia-Discovery deal announced in late May and so far hasn't seen anything “that's been particularly problematic” in the review process. “No news is good news,” he said on a conference call to discuss the telecom and broadband giant's quarterly earnings. “We're...

AT&T CEO John Stankey Says WarnerMedia-Discovery Deal On Track – ‘No News Is Good News'

NEW YORK, July 20, 2021 /PRNewswire/ -- Discovery (Nasdaq: DISCA, DISCB, DISCK) today announced that it will report its second-quarter 2021 results on Tuesday, August 3, 2021, at 7:00 a.m. ET. The Company will host a conference call at 8:00 a.m.

Discovery To Report Second-Quarter 2021 Results On Tuesday, August 3

AT&T is set to spin off its WarnerMedia assets into a new company with Discovery.

Why AT&T Is A Sell Ahead Of Discovery Merger

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Is Discovery Communications (DISCA) Stock Undervalued Right Now?

Discovery Inc, the owner of Poland's most-watched news channel TVN24, will defend the business against "growing regulatory overreach," it said on Monday after changes to laws were proposed.

Discovery opposes proposed Polish media rules

In the latest trading session, Discovery Communications (DISCA) closed at $29.30, marking a +1.81% move from the previous day.

Discovery Communications (DISCA) Outpaces Stock Market Gains: What You Should Know

Allen & Co.'s “summer camp for billionaires” kicked off on Tuesday with David Zaslav of Discovery promising that the media merger frenzy created by the video streaming wars is far from over.

Discovery's David Zaslav promises more media merger mania at Sun Valley

ViacomCBS chair Shari Redstone in a pink cardigan and black backpack, NBCUniversal CEO Jeff Shell in short sleeves, Discovery chief executive David Zaslav in dark shades and a signature vest and Comcast CEO Brian Roberts pulling up in a car – these are of some of the first shots of media moguls arriving in Sun...

“We're Not Done Yet” – Discovery CEO David Zaslav At Sun Valley As Moguls Gather In Pared Down, Fully Vaccinated Deal Mode

Merger will result in a company with compelling content franchises, personalities and intellectual property. Combination will be additive to both linear and Direct-to-Consumer distribution channels.

News for Discovery Communications Stock (DISCB)