News

Discovery Communications Inc. has agreed to buy Scripps Networks Interactive Inc. for $11.9 billion, a bet that a larger footprint in lifestyle programming will help it weather cable-TV upheaval.
NEW YORK — Cable network juggernaut Discovery Communications finally will become a fully public company with increased control over its strategic direction in a deal unveiled Thursday by its ...
Discovery Communications announced today that it has agreed to form a new consolidated joint venture with TEN: The Enthusiast Network. Discovery will take a majority controlling interest in the ...
Casual observers likely most remember Discovery Communications' city-block-size building in Silver Spring for Chompie, the giant inflatable shark that protruded from its exterior during Shark Week.
Discovery Communications has made other investments in digital media leading up the deal. It launched Seeker earlier this year and had invested in The Dodo. Seeker includes SourceFed Studios, a ...
Discovery Communications reached a deal to acquire Scripps Networks for about $11.9 billion in a major consolidation of cable TV networks amid a profound shift in how viewers consume entertainment.
Discovery Communications has paid $70 million to Oprah Winfrey’s Harpo, Inc. to acquire an additional 24.5% stake in the companies’ joint venture, OWN: Oprah Winfrey Network.
Discovery Communications had an artificially low tax rate in 2017 due to the impairment charges. In 2016 and 2015, however, the company had a tax rate of 27% and 33% respectively.
Discovery Communications Inc., a Bethesda-based cable television network, cut about 50 positions yesterday and said it will restructure portions of the company, primarily in consumer products and ...
NEW YORK – Discovery Communications on Friday said it will invest an additional $50 million in OWN: The Oprah Winfrey Network, particularly in programming, and break even on the channel this ...
Discovery Communications Inc.’s profit fell 22% in the latest quarter as revenue remained flat amid foreign-exchange headwinds that continue to drag on the company, which does nearly half of its ...
Discovery Communications announced today that it has agreed to form a new consolidated joint venture with TEN: The Enthusiast Network. Discovery will take a majority controlling interest in the ...