Tag: David Zaslav

Discovery, Inc. ended 2021 with 22 million paying direct-to-consumer subscribers and full-year revenues of $12.2 billion, a 14 percent gain.

In conversation with author and The New Yorker writer Ken Auletta at the Paley International Council Summit this morning, David Zaslav, the president and CEO of Discovery, Inc., discussed the pending WarnerMedia merger, the importance of scale and IP and finding success in the global streaming landscape.

Total revenues at Discovery, Inc. were up 21 percent year-on-year to $3.06 billion, with the company ending the period with 17 million direct-to-consumer subs.

David Zaslav is set to remain president and CEO of Discovery, Inc. through 2027, extending his previous contract, which ran till the end of 2023.

Discovery and WarnerMedia are merging, with David Zaslav set to lead the combined company.

First-quarter revenues at Discovery, Inc. rose by 4 percent to $2.8 billion, with distribution revenue gains in the U.S. and improved ad revenues internationally.

While total revenues slipped by 4 percent to $2.6 billion in the third quarter at Discovery, Inc., net income rose by 15 percent to $300 million.

Overall revenues at Discovery, Inc. fell by 12 percent to $2.5 billion in the second quarter, with net income dropping by 71 percent to $271 million.

Total revenues at Discovery, Inc. were down 1 percent to $2.7 billion, with net income down 2 percent to $377 million.

Fourth-quarter profit at Discovery, Inc. rose to $476 million on revenues that were 2 percent higher at $2.9 billion.