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Discovery, Inc. Series C Common Stock, also called Discovery, is a media company, which engages in the provision of content across distribution platforms and digital distribution arrangements. Read More It operates through the following segments: U.S. Networks, International Networks, Education and Other, and Corporate and Inter-segment Eliminations. The U.S. Networks segment owns and operates national television networks such as Discovery Channel, Animal Planet, and Investigation Discovery and Science. The International Networks segment consists of international television networks and websites. The Education and Other segment offers curriculum-based product and service offerings. The Corporate and Inter-segment Eliminations segment represents unallocated corporate amounts. The company was founded by John S. Hendricks in September 1982 and is headquartered in Silver Spring, MD.
Silver Spring, Maryland
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Seeking AlphaMay 16
Discovery launches debt offering to roll over senior notes
Discovery (NASDAQ:DISCA) has launched a public offering of senior debt. The fixed-rate notes will be issued by Discovery Communications LLC, guaranteed by Discovery and its Scripps Networks Interactive subsidiary. Net proceeds will redeem all of DCL's outstanding 2.75% senior notes due November 2019, and 5.05% senior notes due June 2020, as well as Scripps Networks' outstanding 2.75% senior notes due November 2019, with any remainder going to general purposes....
New York TimesMay 13
Condé Nast Sells Golf Digest to Discovery Inc.
Condé Nast has sold Golf Digest to Discovery Inc., the companies said on Monday, as the publisher of The New Yorker, Vanity Fair and Vogue sheds titles amid recent losses related to the decline of the magazine business. Neither company disclosed terms of the deal, but two people with knowledge of the matter who were not authorized to discuss it publicly said the sale price was $35 million. Discovery said that it would retain Golf Digest’s editorial staff, including its top editor, Jerry Tarde, and would c...
Discovery acquires Golf Digest
Discovery Inc. DISCA, -1.34% DISCB, +4.15% DISCK, -1.34% said Monday that it has acquired Golf Digest magazine from Condé Nast. Discovery already has GolfTV in its portfolio and is expanding its 12-year relationship with the PGA Tour. Discovery also hopes to "optimize" its relationship with Tiger Woods, with the resurgent golf superstar collaborating with GolfTV on content. Golf Digest is said to have 4.8 million readers and 2.2 million social-media followers. Financial details of the transaction were not d...
Expected Aug 6, Pre-Market