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Discovery Communications to move global headquarters to New York

Mumbai: Discovery Communications, in a recent release, has announced plans to relocate its global headquarters from Silver Spring, Maryland, to New York City in 2019. Contingent upon the closing of the company’s acquisition of Scripps Networks Interactive, Discovery also will establish a National...

Television TV Channels English Entertainment
Discovery buys Scripps for $14.6 bn, to net 20% of US ad-pay-TV subs

Discovery Communications, Inc. and Scripps Networks Interactive, Inc. announced that they have signed a definitive agreement for Discovery to acquire Scripps in a cash-and-stock transaction valued at $14.6 billion, or $90 per share, based on Discovery’s Friday, July 21 closing price. The purchase...

Television TV Channels Factual
Discovery & Scripps reported to be discussing merger

MUMBAI: Media companies Scripps Networks and Discovery Communications are reportedly in merger talks, supposedly revisiting a probable deal that did not materialise around three years ago.

Television TV Channels English Entertainment
Discovery's International Networks ad rev down in 2016

BENGALURU: Discovery Communications Inc., (DCI) reported 1.6 percent growth in revenue at $ 6,497 million for the year ended 31 December 2016 (FY-16, current year) as compared to the $6,394 million in the previous year. Overall, DCI reported adjusted OIBDA growth of 1.2 percent in the current year...

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Lower Ad revenue curtails Discovery Communications Q3-16 numbers

An overall 4.1 per cent decline in advertising revenue for the quarter ended 30 September 2016 (Q3-16, current quarter) vis-à-vis the corresponding year ago quarter resulted in flat revenue for Discovery Communications Inc., (Discovery). The company reported overall revenue of $1,556 million for...

Television TV Channels Factual

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