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