Tag: Discovery

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.

The RTS Cambridge Convention featured an International Keynote from David Zaslav, president and CEO of Discovery, who talked about the move to direct-to-consumer; the company’s ambitions to serve global audiences through verticals across sport, lifestyle and factual; and the subjects that inspire him personally.

Second-quarter revenues at Discovery, Inc. were up slightly to $2.9 billion, with gains in the U.S. business partially offset by the impact of foreign currency fluctuations at the international networks.

Discovery has appointed Anil Jhingan the new executive VP of corporate development for the EMEA and Asia-Pacific regions.

First-quarter net income at Discovery, Inc. was $384 million, compared with a loss of $8 million in the prior year's quarter.