Television

Discovery Communications reports first quarter 2014 results

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MUMBAI: Discovery Communications has reported its financial results for the first quarter ended 31 March 2014.

Discovery president and chief executive officer David Zaslav said, “Discovery’s strong organic growth continued during the first quarter as our unparalleled global reach and sustained investment in diverse and engaging content allowed us to capitalize on the growing demand for pay-tv programming worldwide. The larger audiences and consistent market share gains we are delivering are driving sustained financial results, even as we further invest in our platforms and integrate strategic acquisitions that will enhance our long-term growth prospects. As we look to the remainder of 2014, leveraging the significant opportunities across our existing asset portfolio remains our priority so we can maintain our financial momentum while further building long-term shareholder value."

Click here to read the full report

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