Tag: Discovery

Discovery, Inc.’s stockholders have approved the merger with WarnerMedia to create Warner Bros. Discovery, Inc.

MIPCOM is set to host a new Global Streamers Keynote Series, which will take place over two days on October 11 and 12, featuring executives from discovery+, Paramount+, Viaplay and Pluto TV.

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.

Warner Bros. Discovery has been unveiled as the new name of the proposed standalone global entertainment company that will emerge from the combination of WarnerMedia and Discovery assets.

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.

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.

ViacomCBS (ViacomCBS International Studios and ViacomCBS Global Distribution Group), Discovery and Newen are the latest companies to confirm that they will premiere content as part of the first annual MIPCOM 2020 Global Upfronts presentations.

Discovery has aligned several of its operating markets in EMEA to improve strategic focus and enable further investment in its direct-to-consumer businesses.

Discovery, Inc. has appointed Neil Chugani, who has been at Google since 2015, as chief financial officer and head of strategy and operations for direct-to-consumer.

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