July 24, 2016 11:52 PM ET


Company Overview of Discovery Communications, Inc.

Company Overview

Discovery Communications, Inc. operates as a media company worldwide. It operates through U.S. Networks; International Networks; and Education and Other segments. The company owns and operates various television networks under the Discovery Channel, TLC, Animal Planet, Investigation Discovery, Science, Velocity, Discovery Family, American Heroes, Destination America, Discovery Life, Oprah Winfrey Network, Eurosport, DMAX, and Discovery Kids brands. Its content spans genres, including survival, exploration, sports, lifestyle, general entertainment, heroes, adventure, crime and investigation, health, and kids. The company also develops and sells curriculum-based education products and services...

One Discovery Place

Silver Spring, MD 20910

United States

7,000 Employees



Key Executives for Discovery Communications, Inc.

Chief Executive Officer, President, Director, Member of Executive Committee, Chief Executive Officer of Discovery Communications Holding LLC and President of Discovery Communications Holding LLC
Age: 56
Total Annual Compensation: $3.1M
Chief Financial Officer and Senior Executive Vice President
Age: 50
Total Annual Compensation: $1.2M
Chief Executive Officer of Discovery Networks International and President of Discovery Networks International
Age: 45
Total Annual Compensation: $1.1M
Chief Development, Distribution & Legal Officer
Age: 49
Total Annual Compensation: $1.6M
Chief Human Resources & Global Diversity Officer
Age: 61
Total Annual Compensation: $801.1K
Compensation as of Fiscal Year 2015.

Discovery Communications, Inc. Key Developments

Viacom Investors Reportedly Speculate A Possible Deal

Some Viacom, Inc. (NasdaqGS:VIAB) investors speculate deal could be on horizon, Reuters reports. Some investors are beginning to look beyond the current management battle at Viacom to the possibility of a bid for the company, Reuters reports. The report says there is no evidence of a bid in the works, but some speculate that one potential scenario could involve Viacom merging back into CBS Corporation (NYSE:CBS) and Reuters says that if Viacom were put up for sale at an auction, potential bidders include Discovery Communications, Inc. (NasdaqGS:DISC.A), AMC Entertainment Holdings, Inc. (NYSE:AMC), Dish Network Corp. (NasdaqGS:DISH) and Verizon Communications Inc. (NYSE:VZ).

Channel 4 Still In Discovery's Sights

Discovery Communications, Inc. (NasdaqGS:DISC.A) is still interested in buying a stake in Channel Four Television Corporation with its Chief Executive, David Zaslav saying that Discovery is in the market to buy a major broadcast channel. "Having [another] broadcast channel in Europe would be attractive," said Zaslav. "It would really depend on what the pricing would be, but also we'd need enough flexibility to commercially programme it. So the question for anybody with Channel 4 - we've looked at it over the last year or two - has been, will there be an opportunity to programme it in a way [that appeals to Discovery]?"

Discovery Communications Mulls Acquisitions

Arthur Bastings, President and Managing Director of Discovery Communications, Inc.'s Asia-Pacific said," we want to grow organically as well as inorganically. And we will look at more acquisitions in India".

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