Silver Spring, Maryland - Discovery Communications’ third quarter revenues of $1,556 million were flat compared to the prior year, as 2% growth at U.S. Networks and 19% growth at Education and Other were offset by a 3% decline at International Networks, primarily due to currency effects. Adjusted Operating Income Before Depreciation and Amortization decreased 2% to $562 million, as 3% growth at U.S. Networks was more than offset by a 16% decline at International Networks, partially … [Read more...] about Discovery Communications reports financial results
Discovery Communications
Discovery Communications appoints MD for Eurosports
London – In line with its strategy to bring premium content to more viewers on more screens than ever before, Discovery Communications has appointed Ralph Rivera to the newly created position of Managing Director, Eurosport Digital. He will begin the role on September 26, based in London, and will report to Michael Lang, Executive Vice President of International Development & Digital for Discovery Communications, as well as work closely with Peter Hutton, CEO of Eurosport, and his leadership … [Read more...] about Discovery Communications appoints MD for Eurosports
Discovery invest in VS Media
Shanghai / Singapore– Discovery Communications has taken a minority stake in VS Media, a top Multi-Channel Network (MCN) that super-serves digital natives in Greater China. With more than 55 million subscribers and 320 million video views a month, VS Media is the first and largest MCN that focuses on Chinese content creators. … [Read more...] about Discovery invest in VS Media
Discovery strengthens APAC team
Singapore– Discovery Communications has appointed Winradit Kasidit Kolasastraseni to the new position of Senior Vice President, Innovation – Asia-Pacific, and named Karan Paul as Vice President, Strategy – Asia Pacific, taking over the portfolio of Helen Whittle who has relocated to New Zealand. Both Kolasastraseni and Paul will be based in Singapore and report to Arthur Bastings, President and Managing Director of Discovery Networks Asia Pacific. Whittle continues as Vice President, Strategy, … [Read more...] about Discovery strengthens APAC team
Discovery partners with Turmeric Vision
India- Discovery Communications have agreed to partner with India’s top culinary celebrity Sanjeev Kapoor, by acquiring a majority share in Turmeric Vision Private Limited, which owns and operates pay-TV network, FoodFood and its digital products. Discovery’s investment in FoodFood underscores its strategy to deepen and expand its presence in India to grow audience share across all screens, and to complement and strengthen its existing portfolio of female and lifestyle brands including TLC … [Read more...] about Discovery partners with Turmeric Vision
Discovery invests in RugbyPass
Singapore- Delivering on its promise to super-serve fans across all platforms, Discovery Communications announced an agreement to acquire a minority stake in RugbyPass - a digital content platform that reaches passionate rugby fans across 23 Asian markets with the world's best competitions - live or on demand - from any device. To further boost the RugbyPass offering to fans, select content from Discovery-owned Setanta Sports Asia will be immediately available to all RugbyPass subscribers. … [Read more...] about Discovery invests in RugbyPass
