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Profile: Discovery Communications Inc (DISCA.O)

DISCA.O on Nasdaq

21 Oct 2016
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Discovery Communications, Inc., (Discovery), incorporated on April 28, 2008, is a global media company. The Company provides content across multiple distribution platforms, including pay-television (pay-TV), free-to-air and broadcast television, Websites, digital distribution arrangements and content licensing agreements. The Company's segments are U.S. Networks, which consists principally of domestic television networks and Websites; International Networks, which consists primarily of international television networks and Websites; Education and Other, which consists principally of curriculum-based product and service offerings, and production studios, and Corporate and Inter-segment Eliminations.

The Company distributes customized content in the United States, and over 220 other countries and territories in over 40 languages. The Company's global portfolio of networks includes television brands, such as Discovery Channel, TLC, Animal Planet, Investigation Discovery, Science and Velocity (known as Turbo outside of the United States). It also operates a diversified portfolio of production studios, Websites and curriculum-based education products and services. It is also engaged in extending content distribution across various platforms, including brand-aligned Websites, Web-native networks, online streaming, mobile devices, video on demand (VOD) and broadband channels, which provide promotional platforms for its television content. Its content spans genres, including survival, exploration, sports, lifestyle, general entertainment, heroes, adventure, crime and investigation, health and kids.

U.S. Networks

The Company's U.S. Networks segment principally consists of national television networks. Its U.S. Networks segment owns and operates approximately 10 national television networks, including fully distributed television networks, such as Discovery Channel, TLC and Animal Planet. In addition, U.S. Networks segment holds an equity method interest in OWN: Oprah Winfrey Network (OWN). Its Discovery GO connects viewers with live and on-demand access to shows and series from approximately nine United States networks in the Discovery portfolio: Discovery Channel, TLC, Animal Planet, ID, Science Channel, Velocity, Destination America, American Heroes Channel (AHC) and Discovery Life.

International Networks

The Company's International Networks segment consists of national and pan-regional television networks. The International Networks segment is engaged in the operations in pay-TV market in the world through an infrastructure that includes operational centers in London, Warsaw, Milan, Singapore and Miami. Its global brands include Discovery Channel, Animal Planet, TLC, ID, Science Channel and Turbo (known as Velocity in the United States), along with brands exclusive to International Networks, including Eurosport, Real Time, DMAX and Discovery Kids. International Networks has an international distribution platform for its approximately 40 networks, with as many as 10 networks distributed across over 220 countries and territories around the world. The International Networks segment operates over 380 unique distribution feeds in over 40 languages with channel feeds customized according to language needs and advertising sales opportunities. International Networks also has free-to-air networks in Europe and the Middle East, and broadcast networks in the Nordic countries. International Networks pursues distribution across all television platforms based on the specific dynamics of local markets and relevant commercial agreements.

Education and Other

The Company's Education comprises curriculum-based product and service offerings. The Company offers subscriptions to K-12 schools for access to an online suite of curriculum-based video on demand (VOD) tools, professional development services and digital textbooks, and student assessments and publication of hard copy curriculum-based content. Other comprises production studios that develop content for its networks and other television service providers throughout the world. Its wholly owned production studios provide services to its U.S. Networks and International Networks segments.

Company Address

Discovery Communications Inc

1 Discovery Pl
SILVER SPRING   MD   20910-3354
P: +1240.6622000
F: +1302.6555049

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