Discovery Ltd (DSYJ.J)
22 Sep 2017
* FY GROUP DILUTED HEPS 682.5 CENTS VERSUS 566.7 CENTS YEAR AGO
NEW YORK (Reuters Breakingviews) - Discovery's cable deal rests on some rosy assumptions. The producer of “Shark Week” is buying Food Network and HGTV owner Scripps Networks Interactive for $14.6 billion. Cost savings won’t cover the premium and getting distributors to pony up for more content will be a hard sell in a churning media market.
Discovery Communications and Scripps Networks Interactive Inc are in merger talks, revisiting a deal that was scrapped three years ago, two people familiar with the matter told Reuters on Tuesday.
July 18 Discovery Communications and Scripps Networks Interactive Inc are in merger talks, revisiting a deal that was scrapped three years ago, two people familiar with the matter told Reuters on Tuesday.
May 24 South African insurer Discovery Limited said on Wednesday it will create a health insurance brand in a joint venture with two Australian companies to expand the footprint of its behaviour tracking programme.
* Says partners AIA Australia and GMHBA to create a new health insurance brand Source text for Eikon: Further company coverage: (Bangalore.firstname.lastname@example.org)