Silver Spring - Discovery Communications Inc. reported financial results for the second quarter ended 30 June 2009. Second-quarter net profit at Discovery Communications rose from $43 million to $183 million, on revenues that were down slightly to $881 million, thanks to ratings increases at its US network, increased international subscribers and cost cuts. US revenues were up 2 percent to $557 million, with distribution revenues up 5 percent to $247 million and ad revenues up 1 percent to $290 … [Read more...] about Discovery Communications reports second quarter 2009 results
Discovery Communications
Discovery Communications announces YouTube partnership
Silver Spring, MD/ San Bruno, CA - Discovery Communications and YouTube announced the debut of nine YouTube channels, featuring a collection of clips from Discovery's family of network brands. Tailoring content to the global YouTube community, Discovery will also roll out a series of targeted international channels showcasing localized and native language content for specific regions around the world. The partnership also includes a number of program promotion initiatives designed to tap into … [Read more...] about Discovery Communications announces YouTube partnership
Discovery Communications goes public
New York - September 18 saw Discovery Communications' Founder and Chairman John Hendricks and President and Chief Executive Officer David Zaslav ring the opening bell at the NASDAQ stock exchange to commemorate the first day of trading as a public company. The executives were joined by several on-air personalities from across Discovery's networks, including Bindi and Terri Irwin (Bindi the Jungle Girl); Emeril Lagasse (Emeril Green); Stacy London and Clinton Kelly (What Not To Wear) and Sig … [Read more...] about Discovery Communications goes public